Rise in awareness about the benefits of secure access service edge and the increase in security spending is expected to drive the demand of the global secure access service edge market for the forecast period.
According to TechSci Research report, “Secure Access Service Edge Market – Global Industry Size, Share, Trends, Opportunity and Forecast, 2016-2026, Segmented By Component (Platform & Services), By Services (Professional, Managed), By End Use (Healthcare, BFSI, IT & Telecom, Retail & e-Commerce, Government & Defense and Others), By Organization Size (Large Enterprises & SMEs) and By Region”, the global secure access service edge market is expected to witness significant CAGR growth for the forecast period, 2022-2026. The growing need for secure framework that can provide the protection to data across multiple cloud platforms is triggering the market demand. Secure access service edge can extend the security access framework to user and thereby helps in preventing the unauthorized access to confidential data in an organization. The presence of secure access service edge allows the IT professionals to allow or deny access to the user. The shift in the preference of organizations from the data centers to the cloud solutions is encouraging the organizations to adopt multiple security solutions. The management of multiple security solutions is a tedious task and adoption of additional security solutions the network security architecture still remains vulnerable to cyber-attacks and require the advanced protection. Secure access service edge framework can combine the WAN capabilities along with SWG, ZTNA into a unified platform thereby influencing the growth of the secure access service edge market growth.
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Global secure access service edge market is segmented into component, end-use, organization size, regional distribution, and company. Based on the component, the market can be divided into platform and services. The platform segment is expected to account for major market share for the forecast period, 2022-2026. The rise in the preference of the SaaS solutions and the growing digital transformation of all industry verticals is driving the growth of the segment. The high demand for the unified platform that can connect the users and devices is fueling the market growth. Based on the end use, the market can be divided into healthcare, BFSI, IT & telecom, retail & e-commerce, government & defense and others. The IT & telecom segment is expected to witness growth in the next five years. Growing investments by the leading authorities for the development of the IT infrastructure and the launch of schemes and policies supporting the digital advancement of the country is accelerating the secure access service edge market growth. Based on organization size, the market can be bifurcated into large enterprises and SMEs. The large enterprises segment is expected to hold major market share in the next five years owing to the huge volume of data generated through various platforms and the need for a single platform which can combine all the platforms and provide maximum security to the organizations. Presence of large workforce and the associated networking devices are more prone to the identity related risks thereby boosting the demand for the implementation of secure access service edge solution.
Palo Alto Networks, Cisco Systems, Inc., Check Point Software, Barracuda Networks, Cloudflare, Inc., Fortinet, Inc., IBM Corporation, McAfee, LLC, Cato Networks, VMware, Inc., Perimeter 81 Ltd are the leading players operating in global secure access service edge market. Service Providers are increasingly focusing on research and development process to fuel higher growth in the market. To meet evolving customer demand with respect to better efficiency and durability, several secure access service edge providers are coming up with their technologically advanced offerings.
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“The growing healthcare industry and the rise in the demand for remote consultation services along with the implementation of telehealth services to establish effective communication between the patient and the healthcare professionals is expected to create huge potential for the secure access service edge market growth. The increasing cyber-attacks on the healthcare facilities to access the confidential patient data is encouraging the healthcare institutions to adopt for the advanced security solutions. The demand for security framework that can facilitate easy communication between patients and healthcare institutions and secure the critical information of the patients is expected to propel the global secure access service edge market growth till 2026” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Secure Access Service Edge Market – Global Industry Size, Share, Trends, Opportunity and Forecast, 2016-2026, Segmented By Component (Platform & Services), By Services (Professional, Managed), By End Use (Healthcare, BFSI, IT & Telecom, Retail & e-Commerce, Government & Defense and Others), By Organization Size (Large Enterprises & SMEs) and By Region” has evaluated the future growth potential of global secure access service edge market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the of global secure access service edge market.
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