COVID-19 Impact Analysis on Security Service Edge Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2022-2030. The report encompasses data regarding market share and recent developments by key players. Moreover, this market report also covers regional and country markets in detail.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Security Service Edge market include Netskope (US), ZScaler (US), Palo Alto Networks (US), Cisco (US), Broadcom (US), Forcepoint (US), Lookout (US), iBoss (US), Skyhigh Security (US), Cloudflare (US), Trend Micro (Japan), Akamai (US), Fortinet (US), Aruba Networks (US), Citrix (US), Cato Networks (Israel), Perimeter81 (Israel), Open Systems (Switzerland). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market Dynamics
The security service edge market is propelled by several influential factors reshaping the cybersecurity landscape. The shift to remote work and accelerated digital transformation initiatives has widened the scope of potential cyber threats, prompting organizations to invest in SSE solutions. These solutions secure remote access, applications, and data, aligning with the migration of assets to cloud environments and the adoption of Zero Trust Security principles. Traditional security models are proving inadequate against evolving threats, driving the demand for security service edges dynamic approach, integrating cloud-native technologies and zero-trust principles. Moreover, the escalating frequency and sophistication of cyberattacks, compliance requirements, and the rise of edge computing all contribute to SSE's growing significance. Its ability to provide secure access, protect data, and ensure business continuity resonates with organizations aiming to fortify their security measures amidst an evolving digital landscape.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of security service edge. The growth and trends of security service edge industry provide a holistic approach to this study.
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Market Segmentation
This section of the security service edge market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Offering
· Solutions
· Services
By Solutions
· Zero Trust Network Access (ZTNA)
· Cloud Access Security Broker (CASB)
· Secure Web Gateway (SWG)
· Firewall-As-A-Services (FWaaS)
· Other Solutions
By Services
· Managed Security Services
· Implementation & Integration Services
· Support & Maintenance Services
· Other Services
By Vertical
· BFSI
· Government
· Retail & Ecommerce
· IT & ITeS
· Healthcare
· Education
· Manufacturing
· Other
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Security Service Edge market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
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According to a research report "Secure Access Service Edge Market with COVID-19 Impact Analysis, by Offering (Network as a Service and Security as a Service), Organization Size (SMEs and Large Enterprises), Vertical, and Region - Global Forecast to 2026" published by MarketsandMarkets, in the post-COVID-19 scenario, the global secure access service edge (SASE) market size is projected to grow from USD 1.2 Billion in 2021 to USD 4.1 Billion by 2026, recording a Compound Annual Growth Rate (CAGR) of 26.4% from 2021 to 2026.
Key factors that are driving the market growth include the growing preference for remote working in the wake of the outbreak of the COVID-19 pandemic, coupled with the rising need for a unified network security architecture with the capabilities of SD-WAN, FWaaS, SWG, CASB, and ZTNA solutions.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=220384224By offering, Security as a service segment is expected to grow at a higher CAGR than the Network as a service (NaaS) segment during the forecast period.According to Zscaler, Security as a service is a way to deliver security technologies, which are traditionally found in enterprise data centers or regional gateways, as a cloud service.
Security as a service has become an important enabler of business in the world because it provides secure access to applications and services, no matter where they are hosted or where users connect.
NaaS services can range from managed software-defined WAN (SD-WAN) and network access, including wireless to security, unified communications services, and more, either in a public cloud or on virtualized customer premise equipment (vCPE).Based on Vertical, BFSI segment is estimated to lead the market in 2021.The BFSI vertical has been at the forefront in adopting SD-WAN, as it enables the banking institutions to provide a broad spectrum of services to customers at sustainable costs.
The BFSI vertical is facing bandwidth and security issues while connecting regional offices such as branch offices and data centers.
The SASE platforms have built-in security features that secure hybrid networks for widespread use.By region, North America is expected to account for the largest market share during the forecast period.The North American region has the presence of several prominent market players delivering advanced solutions to all the industry verticals in the regions.
