Published Date: 2-Nov-2021
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According to a new report Global Secure Access Service Edge Market, published by KBV research, The Global Secure Access Service Edge Market size is expected to reach $5.7 billion by 2027, rising at a market growth of 35.7% CAGR during the forecast period.
The platform segment acquired the highest revenue share in the market in 2020 and is anticipated to maintain this trend during the forecast period. This growth is attributed to the increasing demand for an integrated solution that securely and simply connects customers & devices. There is an increase in the deployment of network security and upgraded network access architecture among various enterprises would augment the demand for SASE platforms.
The healthcare segment is projected to acquire the fastest growth rate during the forecast period. The increasing innovation and deployment of telehealth services & analytics to enable effective communication among patients and healthcare providers are anticipated to fuel the demand for secure network infrastructure services. Additionally, the growing cases of cyberattacks within the healthcare IT infrastructures are especially augmenting the requirement for advanced security frameworks, which would facilitate an easy and convenient communication among the patients and caregivers along with ensuring the security of important patient data and protection of patient privacy.
North America dominated the secure access service edge market by procuring the largest revenue share in 2020 and is likely to exhibit the similar kind of trend during the forecast period. The ongoing improvements in technology, high investment in IT infrastructure, and rising adoption of cloud services are motivating the emerging market players to increase their market value in this region. In addition, the increasing number of cyberattacks targeting large enterprises and the negative impact of such cyberattacks on businesses are encouraging companies to increase their IT spending across North America.
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Cisco Systems, Inc., Palo Alto Networks, Inc., Dell Technologies, Inc. (VMware, Inc.), Check Point Software Technologies Ltd., Akamai Technologies, Inc., Cloudflare, Inc., Zscaler, Inc., Versa Networks, Inc., Barracuda Networks, Inc. (Thoma Bravo), and Open Systems AG (EQT).
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