Information Technology
Secure Access Service Edge (SASE) Market: Propelled by Proliferation of Smart Devices and Projected to Grow at a Robust 36.4% CAGR by 2031 | SkyQuest Technology
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The platform segment dominates the market and accounts for more than 68% of total revenue. The segment is cloud expected to continue to dominate the market during the forecast period as per the increasing demand for integrated solutions that enable users to seamlessly and securely connect and meet devices. All large enterprises planning to implement network security and redesign their network strategy are expected to take part in SASE sessions. Continued digital business transformation, increased preference for SaaS applications, and the need to control access to critical data stored in the cloud also predicted the growth of this segment.
However, the services segment is the fastest growing in the market and is expected to exhibit the fastest CAGR during the forecast period. The increase can be attributed to the increased demand for counselor training services when implementing SASE programs. The growth of the service segment can also be attributed to the fact that SASE vendors are testing a business's existing IT infrastructure to implement the SASE strategy. Partnership managed service providers and security vendors outperform each other in providing security and networking services.
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The IT & telecom segment is the largest segment in terms of usage in the market, accounting for over 18% of total revenue. IT companies continued to look for web access to integrated and secure solutions as part of their efforts to shift to cloud-based infrastructure, increase productivity and launch digital applications. At the same time telecom companies are also spending money on security measures. As their work evolves, the potential benefits of adopting most SASE systems for data migration are expected to enhance collaboration growth.
The healthcare segment is the fastest growing segment in this market and is expected to register the fastest CAGR during the forecast period. Continued innovation and the use of telehealth services and analytics to facilitate effective communication between patients and healthcare providers are expected to drive demand for the current secure web infrastructure. Factors that can enable smooth and seamless communication between providers, as well as strong patient safety, are also expected to drive demand for SASE systems in the healthcare industry.
The secure access service edge market is growing rapidly as organizations prioritize security and any problems with cloud and network resources. SASE solutions provide a comprehensive approach to secure communications through network security services integrating with wide area network (WAN) capabilities. The demand for SASE is growing due to the rise of remote work, cloud adoption and the need for scalable security. Companies are investing in advanced SASE technology.
Managed Security Services Market
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