Security Service Edge Market

Netskope (US), Palo Alto Networks (US) and Cisco (US) are leading players in Security Service Edge Market

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.

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.

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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.

Related Reports:

Security Service Edge Market by Offering, Solutions (ZTNA, CASB, SWG, FWaaS), Services, Vertical (BFSI, Government, Retail & eCommerce, IT & ITeS), & Region (North America, Europe, Asia Pacific, Middle East & Arica, Latin America) - Global Forecast to 2028

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Security Service Edge Market Size,  Share & Growth Report
Report Code
TC 8849
RI Published ON
11/7/2023
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