Enterprise SASE spending jumps 33% in Q3

Dec. 21, 2023
Dell’Oro forecasts that the SASE market will exceed $8 billion in 2023.

Enterprises can’t seem to get enough of SASE applications. The SASE market, which consists of SD-WAN and SSE (security service edge) solutions, grew 33 percent to $2.2 billion.

Dell’Oro Group said in its recent third-quarter roundup that the SSE and SD-WAN portions of the SASE market have nearly doubled in the last ten quarters, indicating that enterprises are thinking about both sides (networking and security) of the SASE coin.

Revenue from single-vendor SASE (vendors that offer both SD-WAN and SSE) grew nearly 60 percent year-over-year and represented over half the SASE market.

Leading the vendor pack was Zscaler, which overtook the top revenue spot from Cisco and became the first vendor to surpass $400 million in a single quarter.

Joining Zscaler and Cisco in the top five overall SASE vendors pack are Palo Alto Networks, Broadcom (Symantec), and Fortinet. The top 5 single-vendor SASE vendors were Cisco, Palo Alto Networks, Fortinet, Netskope and Versa Networks.

 

“Although other networking and security technology markets have started to show clear struggles in a volatile macroeconomic environment, enterprises know they need to continue to invest for the future that will have hybrid work and cloud-based applications as the norm, and for many, SASE is the right approach,” said Mauricio Sanchez, Sr. Research Director, Enterprise Networking and Security at Dell’Oro Group. 

Sanchez added, “While SASE still has an on-premises hardware component, we see those vendors emphasizing delivering network and security services from the cloud starting to stand out.”

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About the Author

Sean Buckley

Sean is responsible for establishing and executing the editorial strategies of Lightwave and Broadband Technology Report across their websites, email newsletters, events, and other information products.

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