The ongoing need to modernize the network and security architecture for branch offices and hybrid users led to the vigorous 33 percent revenue growth in the SASE market, according to a recent report from Dell’Oro Group, which also anticipates that enterprises will continue to place a high priority on SASE and cause the overall SASE market to grow to $8 B for the full year 2023.
“3Q 2022 was the seventh consecutive quarter of year-over-year SASE revenue growth topping 25 percent, which signals the importance enterprises are placing on SASE,” said Mauricio Sanchez, Research Director, Network Security, and SASE & SD-WAN at Dell’Oro Group. “Unlike some other network security markets we track, we expect the high investment priority will continue and lead to the SASE market eclipsing $8 B in 2023,” added Sanchez.
Additional highlights from the 3Q 2022 SASE & SD-WAN Quarterly Report:
SASE security, also referred to as SSE (the basket of products providing cloud-delivered SWG, CASB, ZTNA, and FWaaS), achieved its tenth consecutive quarter of sequential revenue expansion.
SASE networking, synonymous with SD-WAN, had a challenging Y/Y comparison in 3Q 2022 against a very strong 3Q 2021 when enormous pent-up demand was a significant driver. Nonetheless, the ongoing trend of improved supply chains allowed vendors to better service demand and sustain a similar level of market growth compared to recent quarters.’
https://www.delloro.com/news/strong-enterprise-demand-drives-sase-growth-33-percent-in-3q-2022/
