The global secure access service edge market size reached around USD 2.67 Billion in 2024. The market is projected to grow at a CAGR of 24.60% between 2025 and 2034 to reach nearly USD 24.08 Billion by 2034.
Global Secure Access Service Edge Market Growth
The demand for remote workplace services is expected to record double-digit growth up till 2027. Since 2021, the number of working professionals opting for fully remote/hybrid work has increased by 24% and 16%, respectively. Globally, 16% of all companies provide fully remote work options to their employees, which results in 54 million tons of carbon emissions savings. This has led to growing organisational awareness regarding the need to secure corporate resources from unauthorised access from anywhere, resulting in the secure access service edge market expansion.
As per industry analysis, the number of data breaches in 2022 recorded a 70% increase on a quarterly (Q3) basis. Moreover, the average cost of repairing the damage caused by data breaches increased by 2.6% year-on-year to 4.35 million in 2022. Over time, the gap in the frequency of cyberattacks against large and small enterprises has reduced to 15% from 50%, indicating an alarming situation. This is prompting the shift towards zero-trust security models, which is leading to the secure access service edge market development. SASE focuses on integrating multiple security functions (including zero trust network access, secure web gateways, and firewalls) into a single cloud-based platform, which aligns with the principle of Zero Trust, "never trust, always verify."
Key Trends and Developments
Shift towards cloud-based storage solutions; the growing need for reduced complexity; increasing ROI (return on investment) offered by secure access service edge; and rapid digital transformation are favouring the secure access service edge market growth
November 2024
Versa launched the VersaONE™ Universal SASE Platform, which is expected to enhance networking and security across cloud, data centres, WAN, and LAN with AI-driven, unified SASE, SD-WAN, and SSE, products. This platform reduces the complexity of IT infrastructure and improves its resilience, thereby ensuring seamless connectivity and security for devices, workloads, and users.
June 2024
Tata Communications, in collaboration with Versa Networks, introduced a Hosted SASE solution, which integrates SSE and SD-WAN for delivering enhanced performance and security. It is aimed at achieving significant cost savings while supporting a seamless transition to a hybrid work culture and digital transformation. This is creating a favourable secure access service edge market outlook.
May 2024
Versa Networks introduced GenAI firewall in its Versa Unified SASE platform for improving data protection, threat detection, and anomaly response features. This is aimed at facilitating security teams to manage threats more effectively.
January 2024
Versa Networks introduced high-performance unified SASE gateways having over 100 Gbps throughput, integrating networking and security functions. The new Dell PowerEdge R7515 and Versa CSG5000 appliances support numerous security features, including SD-WAN, and firewall. This is expected to lead to the secure access service edge market development.
Shift towards cloud-based storage solutions
An increasing number of organisations have moved their business operations to the cloud, which has enhanced the need for advanced security solutions such as SASE that can ensure data privacy across different cloud environments.
Need for reduced complexity among organisations
By offering a simplified approach to security and networking, SASE can reduce organisational complexity and enable a simple strategy for managing accessibility to organisational resources.
Increasing ROI offered by secure access service edge
The integration of multiple security services in one platform through SASE eliminates the requirement for separate investments by organisations in various solutions. This further reduces operational expenses for security software management, thereby increasing the secure access service edge market size.
Rapid digital transformation
Organisations are adopting digital technologies for conducting business operations, which is expected to increase the demand for secure access service edge in the coming years.
Global Secure Access Service Edge Market Trends
Around 94% of all companies worldwide are using cloud computing for data storage purposes. By 2025, around 85% of all organisations are expected to adopt a cloud-first approach in their business operation, leading to a double-digit growth in cloud computing adoption. As per market analysis, 97% of all IT leaders are expected to expand their cloud computing systems, and end-user spending on public cloud is expected to rise by 20.7% worldwide. This is favourably impacting the secure access service edge market dynamics in the upcoming years.
Global Secure Access Service Edge Industry Segmentation
The EMR’s report titled “Global Secure Access Service Edge Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
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