SASE to witness 34% revenue growth

Many enterprises are adopting SASE technology. SASE (Secure Access Service Edge) provides a comprehensive, cloud-native, and hybrid networking & security solution that integrates various network security functions with WAN capabilities such as SD-WAN and cloud connectivity.

SASE has gained popularity in recent years as businesses seek to adopt more flexible and scalable network security solutions that can accommodate the increasing number of remote workers and cloud-based applications. SASE provides a cloud-native and hybrid networking and security solution that offers a unified and consistent security posture across all endpoints and cloud applications.

The shift towards cloud-based applications and services has made traditional security models, such as perimeter-based security less effective, and SASE provides a more flexible and agile approach to security.

The worldwide SASE market topped $6 Billion in 2022, representing robust 34 percent growth year-over-year. In a crowded market with over 30 vendors, Cisco remained the overall SASE leader with a 17% revenue share, but second place Zscaler was less than 1% behind and closing in comparison to 2021.

Furthermore, SASE enables businesses to consolidate their security and networking solutions, which can reduce costs, simplify management, and improve overall security posture. SASE also provides a more consistent security posture across all endpoints, cloud applications, and branch locations, which can help to improve security and compliance.

As the trend towards remote work and cloud adoption continues, it is expected that the demand for SASE will continue to grow. According to a report by Gartner, "by 2024, at least 40% of enterprises will have explicit strategies to adopt SASE, up from less than 1% at year-end 2018."

Moreover, the COVID-19 pandemic has accelerated the adoption of SASE as more businesses have had to quickly transition to remote work environments, which has highlighted the need for more flexible and agile security solutions.

This indicates that the adoption of SASE is expected to continue to grow in the coming years as more businesses recognize the benefits of this technology. In conclusion, SASE is likely to experience continuous growth in the coming years as businesses seek more flexible, scalable, and cloud-native networking and security solutions.

Dr. Deepak Kumar Sahu, President & CEO, VARINDIA