DELRAY BEACH, Fla., March 3, 2025 /PRNewswire/ -- The global Security Service Edge Market will grow to USD 23.01 Billion by 2030 from USD 6.08 Billion in 2024, at a CAGR of 24.8% during 2024- 2030, according to a new report by MarketsandMarkets.
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300 - Tables
250 - Figures
365 - Pages
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Scope Of the Report
Report Metrics | Details |
Market size available for years | 2018-2030 |
Base year considered | 2023 |
Forecast period | 2024-2030 |
Forecast units | Value (USD Billion) |
Segments Covered | Offering, Solution, Service, Professional Services, Deployment Mode, Organization Size, Vertical and Region |
Geographies covered | North America, Europe, Asia Pacific, Middle East & Africa, Latin America |
Companies covered | Major vendors in the global security service edge (SSE) market are Zscaler (US), Cisco (US), Broadcom (US), Palo Alto Networks (US), Netskope (US), Fortinet (US), Skyhigh Security (US), HPE Aruba Networks (US), iboss (US), Lookout (US), Cloudflare (US), Check Point (Israel), Open Systems (Switzerland), Forcepoint (US), Cato Networks (Israel), Citrix (US), Menlo Security (US), Versa Networks (US), Akamai (US), Juniper Networks (US), HCL Technologies (India), Nord Security (Netherlands), Trend Micro (Japan), Singtel (Singapore), Tata Communications Limited (India), SITA (Switzerland), Twingate (US), Banyan Security (US), and CrowdStrike (US). |
The major drivers of the market growth of the SSE market are the widespread adoption of remote work which has led organizations to provide secure, flexible, and scalable network and security infrastructure to support remote workforces effectively. SSE solutions have risen to this issue by offering secure access to cloud-based applications and resources from any location. As remote work continues to be a prominent fixture in the modern workplace, organizations are increasingly investing in SSE solutions to ensure their employees can work productively and securely, irrespective of their physical location. In addition to this, the rising need for a unified network security architecture is a key driver in the SSE market as organizations are increasingly adopting hybrid work models and cloud-based services, making traditional perimeter-based security approaches inadequate. Furthermore, integrating a Cloud Access Security Broker (CASB) into an organization's security framework significantly bolsters the adoption of an effective SSE strategy. By integrating CASBs with SSE or SASE solutions, organizations create a comprehensive security ecosystem. This approach extends uniform security policies and controls across the entire network, including remote work scenarios and cloud resources These factors are pushing organizations toward adopting SSE to safeguard their digital assets effectively.
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Based on the organization size, SMEs are expected to grow at the highest CAGR during the forecast period
Small and Medium-sized Enterprises (SMEs) are likely to register the highest CAGR during the forecast period because smaller enterprises speed up their digital transformation and want cost-effective yet powerful security solutions. Cloud-based SSE systems with flexible, subscription-based pricing structures are particularly appealing to SMEs since they address limited in-house security resources while offering complete coverage. As a result, SMEs are adopting SSE solutions at a quicker rate, fueling the segment's upward development trajectory.
By service, professional service will grow at the highest market size during the forecast period.
The professional service segment is expected to have the largest market share in the Security Service Edge (SSE) market because organizations typically require specialized expertise throughout the project lifecycle, including implementation and integration, consulting and advisory, training and education, and support and maintenance. These specialized engagements assist in solving complicated security needs, enabling flawless implementation, and maintaining regulatory compliance, resulting in a larger overall demand for professional services compared to managed SSE services in the SSE market.
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By region, North America will grow at the highest market size during the forecast period.
North America is expected to grow at the highest market size in the SSE market during the forecast period because of its advanced technological infrastructure, stringent regulatory framework, and increasing cybersecurity threats. The region houses major economies like the United States and Canada, which are at the forefront of adopting cutting-edge technologies such as IoT, blockchain, and AI & ML for security. This also includes North America, whose strict compliance requirements, CISA regulations, and the NIST Cybersecurity Framework propel organizations to invest heavily in SSE.
The increasing number of cyberattacks, especially ransomware, phishing, and breaches, has led industries in healthcare, BFSI, and government to enhance their defenses. Furthermore, government initiatives, such as vigorous adoption of cloud-based solutions, increasing digitalization, and vendor presence, are pushing North America to be a leader in this market.
Top Key Companies in Security Service Edge Market:
The report profiles key players such as Zscaler (US), Cisco (US), Broadcom (US), Palo Alto Networks (US), Netskope (US), Fortinet (US), Skyhigh Security (US), HPE Aruba Networks (US), iBoss (US), Lookout (US) Cloudflare (US), Check Point (Perimeter 81) (US and Israel), Open Systems (Switzerland), Forcepoint (US).
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