Dell’Oro Group: Total SASE Networking and Security Spend Tops $4B

March 31, 2022

According to a recently published report from Dell’Oro Group, the convergence of WAN enterprise networking and security fueled strong growth in SASE related networking and security technologies.

“The pandemic made remote work and cloud-based applications necessary, and by doing so, accelerated the obsolescence of the classic hub-and-spoke networking model,” said Mauricio Sanchez, Research Director, Network Security, and SASE & SD-WAN at Dell’Oro Group. “Rather than thinking of networking and security as separate problems to solve, they are now being thought of as a continuum and driving together cloud-friendly networking and security technologies into SASE,” added Sanchez.

Additional highlights from the 4Q 2021 Network Security Quarterly Report:

Over 30 vendors compete in the SASE market, but the top ten took in nearly 80 percent of the revenue.

Full-year 2021 market revenue for SASE networking consisting of SD-WAN technologies exceeded $2 billion.

Full-year 2021 market revenue for SASE security consisting of Secure Web Gateway, Cloud Access Security Broker, Zero Trust Network Architecture technologies surpassed $2 billion.

Unified SASE–a subset of the total SASE market consisting of solutions that implement SASE networking and security as an integrated platform–grew nearly 50 percent year-over-year for full-year 2021.

Firewall revenue rebounded in 2021 by rising 13 percent and set a new record exceeding $10 billion for the first time.

“As a result of Versa’s market performance, we are pleased to award the company with Dell’Oro Group’s Market Share Leadership Award for unified SASE,” said Mauricio Sanchez, Research Director at Dell’Oro Group. “We see SASE as a service-centric, cloud-based solution that brings networking and security into a unified service architecture. On a technology level, we see it as the combination of SD-WAN networking and numerous security technologies, such as SWG, CASB, ZTNA, and FWaaS.”

“There has been a lot of buzz about SASE over the past two years,” said Michael Wood, Versa Networks Chief Marketing Officer. “Versa’s unique set of comprehensive SASE services have been recognized as leading the industry, and it’s rewarding to see our market leadership validated in Dell’Oro Group’s recent report, the first of its kind in the industry. Versa’s leadership is simple. Our products were architected 10 years ago to tightly integrate the security and networking functionalities that organizations need, which later would make up the SASE market category. Versa’s single-stack architecture uniquely delivers the tightly integrated security and networking functionalities desired by organizations. Demand for Versa SASE has rocket shipped over the past 24 months, as organizations have looked to Versa as a strategic partner to address their complex secure access, networking and digital transformation needs. Versa is the modern secure network.”

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