SASE Market Sizzles with 38 Percent Revenue Growth in 2Q 2023 and Topped $2 Billion for the First Time, According to Dell'Oro Group
SASE Quarterly Revenue Doubled from $1 to $2 Billion Over 10 Quarters
REDWOOD CITY, Calif., Sept. 12, 2023 /PRNewswire/ -- According to a recently published report from Dell'Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, the overall SASE market – consisting of SD-WAN and SSE (security service edge) solutions – bucked economic uncertainty with 38 percent year-over-year (Y/Y) revenue growth in 2Q 2023. Quarterly revenue broke through the $2 billion marker to set a new record. Quarterly revenue has doubled in just ten quarters as enterprises go all in to improve networking and security services in the mobile- and cloud-first era.
"Even though sales cycles are longer and additional budget scrutiny is the norm in the current macroeconomic environment, we were pleasantly surprised with the strength of the SASE market," said Mauricio Sanchez, Sr. Research Director, Enterprise Networking and Security at Dell'Oro Group. Beyond the argument around SASE's superior architecture to provide users secure access to cloud-based applications from anywhere, we see SASE pushing into end-to-end network application monitoring and data protection realms that together substantially raise customer appeal. While many customers look to SD-WA and SSE's SWG, CASB, ZTNA, and FWaaS functionality as table stakes, vendors that show more and can deliver value to adjacent areas stand to distinguish themselves in a crowded market," added Sanchez.
Additional highlights from the 2Q 2023 SASE and SD-WAN Quarterly Report:
About the Report
About Dell'Oro Group
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SOURCE Dell'Oro Group
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