The SSE Market is projected to grow from USD 0.8 billion in 2023 to USD 2.8 billion by 2028 at a CAGR of 25.4% during the forecast period. The widespread adoption of remote work, accelerated by global events like the COVID-19 pandemic, has created a pressing need for robust security solutions driving the growth of the SSE market.
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The adoption of SSE has experienced a remarkable surge in recent years, driven by integration of a cloud access security broker (CASB) into an organization’s security framework. This integration plays a pivotal role in addressing the challenges brought about by the widespread adoption of Software as a Service (SaaS) applications, often referred to as the “SaaS explosion.” CASBs are purpose-built to provide organizations with the necessary tools to monitor, control, and secure data in the cloud. They offer visibility, data protection, and compliance enforcement for cloud-based applications, which is crucial in a landscape where data resides both on-premises and in the cloud.
By integrating CASBs with SSE or Secure Access Service Edge (SASE) solutions, organizations create a holistic security ecosystem. This comprehensive approach extends uniform security policies and controls across the entire network, encompassing remote work scenarios and cloud resources. CASBs excel in safeguarding data, offering features like data loss prevention (DLP), encryption, and threat detection. Moreover, they ensure compliance with industry regulations, enabling organizations to navigate complex data privacy and security requirements. CASBs also provide real-time visibility into cloud application usage, enabling proactive security measures based on user behavior and context. As the SaaS landscape continues to evolve, CASBs remain adaptable, accommodating new services and threats to maintain the security and compliance of organizations in the dynamic digital environment.
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The Cloud Access Security Broker (CASB) registers the second highest market size in the SSE market during the forecast period.
Cloud Access Security Brokers (CASBs) are vital security solutions that help organizations manage and safeguard their data as it traverses multiple SaaS applications and cloud environments, whether within their on-premises data centers or accessed by mobile workers. CASBs serve as intermediaries between an organization’s security policies and the cloud resources, ensuring that authorized users can securely access and consume these resources while consistently enforcing security, governance, and compliance measures. There are two primary types of CASBs available: traditional CASBs and integrated CASBs.
Unique Features in the Security Service Edge Market
Security services can be provided from distributed points of presence in the cloud, which are situated closer to users and devices, thanks to SSE solutions, which usually have a cloud-native design.
Integration with SD-WAN (Software-Defined Wide Area Networking) systems to offer a single strategy for network security and connectivity. Traffic on the network is optimised and secured thanks to this integration.
A focus on a Zero Trust security paradigm, in which every person and device gaining access to the network must undergo ongoing authentication and authorization procedures and trust is never taken for granted.
Identity-centric security strategies, which base security rules and access controls on user behaviour and context, put an emphasis on the identities of users and devices.
Users and devices can connect directly to the cloud, negating the need to backhaul traffic to a centralised data centre. For cloud applications, this lowers latency and boosts performance.
Integration with the Secure Access Service Edge (SASE) framework, which supports enterprises’ demands for dynamic and secure access by fusing WAN capabilities with network security features.
Major Highlights of the Security Service Edge Market
SSE offers a comprehensive solution to secure access for branch offices and distant users by combining network security services with Wide Area Network (WAN) connection.
A change in perspective from conventional perimeter-based security approaches to a more edge-centric, decentralised strategy that takes into account mobile users, cloud services, and remote work.
SSE places a strong emphasis on direct-to-cloud connectivity, which enables customers to safely access cloud services without going via a centralised data centre. This method enhances cloud application performance by lowering latency.
The adoption of the Zero Trust security model, which requires constant verification of all users and devices attempting to access the network and never assumes any kind of trust.
WAN capabilities are combined with network security features through the use of the Secure Access Service Edge (SASE) architecture. SSE solutions offer a thorough and efficient solution by combining networking and security.
strong emphasis on identity-centric security, which defines security rules and access controls according to user identities and device characteristics. This makes it possible to guarantee that access privileges correspond to the unique requirements of each user.
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Top Key Companies in the Security Service Edge Market
The major vendors covered in the remote work security 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), Menlo Security (US). These players have adopted various growth strategies, such as partnerships, business expansions, agreements, collaborations, and new product launches, to expand their presence in the SSE market.
Netskope is a cloud security company founded by distinguished security engineers and networking leaders from Palo Alto Networks, Juniper Networks, Cisco, and VMware. Netskope, a leader in the SASE realm, effectively and swiftly establishes secure connections for users to the internet, any application, and their infrastructure using any device, whether inside or outside the network. This is made possible through a single platform encompassing CASB, SWG, and ZTNA capabilities, all natively integrated. The Netskope Security Cloud, empowered by patented technology, offers unparalleled contextual insights, allowing for conditional access and user awareness while rigorously enforcing the principles of zero trust across data protection and threat prevention. Unlike some competitors that force trade-offs between security and networking, Netskope’s global security private cloud delivers full computing capabilities at the network edge. Netskope prioritizes speed, data-centric security, and cloud intelligence, all the while promoting responsible digital behavior and delivering a cost-effective solution.
Palo Alto Networks, a leading provider of network security solutions, empowers its clients to operate applications securely on their networks, guarding against cyber threats and breaches. The company offers a diverse array of security solutions spanning networks, endpoint protection, and cloud services. At the core of its security platform are three pivotal components: NGFW, advanced endpoint protection, and a threat intelligence cloud. Embracing the zero-trust movement, Palo Alto Networks acknowledges its significance for organizations and extends support and maintenance, along with professional services for seamless security solution implementation. Furthermore, the company caters to both SMEs and large enterprises across various industries like government, BFSI, healthcare, retail, electric utilities, oil and gas, and education. With a global customer base spanning North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America, Palo Alto Networks remains dedicated to fortifying existing infrastructures while safeguarding patient and data security, enabling clients to pursue innovation confidently.
Cisco is a prominent technology-based company renowned for designing, manufacturing, and distributing Internet Protocol-based networking and IT products worldwide. Its extensive switching portfolio encompasses campus and data center switching solutions, while the enterprise routing portfolio ensures secure connectivity across wireline and mobile networks for campuses, data centers, and branches. The company’s diverse wireless products include standalone access points, controller appliances, switch-converged solutions, and Meraki cloud-managed offerings. In addition, Cisco offers a compute portfolio that integrates computing, networking, and storage infrastructure management and virtualization, featuring the Cisco Unified Computing System and HyperFlex. The company’s customer base includes large enterprises and small and mid-sized businesses with security solutions, such as SASE, Software-Defined Wireless Area Network (SD-WAN) Security, Cisco Zero Trust, Cisco Secure Data Center, and Cisco Application-First Security. Cisco Security Technology Alliance enables open, multi-vendor product integrations with Cisco’s security products. The company also provides cutting-edge products for the future, including routed optical networking, 5G, silicon, and optics solutions. Notably, Cisco excels in collaboration products, end-to-end security solutions, and optimized application experiences. The company extends its service and support options, including technical and advisory services, to businesses of all sizes, public institutions, governments, and service providers, serving as a leading player in the global communications and IT industry.
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