SASE
Market to Grow at 116 Percent Compound Annual Growth Rate over Next Five Years According
to Dell’Oro Group
Small
to Medium Enterprises to Lead Adoption
A
brand new report by Dell’Oro Group, the trusted source for market information
about the telecommunications, networks, and Cloud data center IT industries,
finds the emerging Secure Access Service Edge (SASE) market is expected to grow
at a compounded annual growth rate of 116 percent over the next five years
(2019-2024). SASE comprises the
integration of SD-WAN, Secure Web Gateway, and Firewall technologies that
brings networking and security into a unified, cloud-based service offering to
increase the scalability, agility, and security of the network while reducing
the total cost of ownership.
“SASE
holds great appeal because it unifies and simplifies networking and security
across a wide variety of network use cases, ranging from larger
headquarter/branch networks down to individual users,” said Mauricio Sanchez,
Research Director at Dell’Oro Group. “Over the next five years, we expect the
initial thrust for SASE to come from small to medium enterprises, for whom
unification and simplification rank high, but also expect larger enterprises to
begin pivoting.”
Additional
highlights from the SASE 5-Year Forecast Advanced Research Report:
- Compared to the hardware, the software
will account for the vast majority of SASE revenue and is expected to continue
increasing its contribution over the next five years.
- The combination of software and
hardware sold as physical appliances will account for the vast majority of SASE
revenue in the near-term. However, in the long-term will switch to revenue from
cloud-hosted Software-as-a-Service (SaaS).
Source: Dell'Oro Group media announcement