The global secure access services edge (SASE) market hit its third consecutive year of over 30% growth, wrapping at $6 billion in revenue in 2022. Last year alone, the market pushed 34% growth year-over-year, according to Dell’Oro Group.
Pandemic pressures fueled a “need to modernize the network and security architecture for branch offices and hybrid users,” according to Mauricio Sanchez, research director, network security, and SASE and SD-WAN at Dell’Oro Group — creating a crowded market with over 30 vendors.
With enterprises warming up to hybrid spaces, the security portion of SASE, security service edge (SSE), jumped 38% year-over-year to secure cloud-based applications and user access.
Cisco remains the overall SASE leading vendor belting a 17% revenue share, with Zscaler competing close behind by less than 1%. Cisco, Zscaler and Broadcom/Symantec collectively took home 40% of the market revenue.
Single-vendor SASE represented 45% of the overall market, in light of “greater enterprise preference for one-stop-shop versus multi-vendor best-of-breed,” according to Sanchez. In that slice of the market, Cisco ranked in the top three single-vendors by revenue, alongside Fortinet and Palo Alto Networks.
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