SASE Growth Slows to 10% in Q2

According to a recently published report from Dell’Oro Group, the worldwide Secure Access Service Edge (SASE) market posted 10% year-over-year revenue growth in Q2 of 2024, marking the lowest rate since the firm started tracking SASE in Q1, 2019.

Economic pressures, including inflation and tighter corporate budgets, have temporarily slowed market expansion, leading enterprises to focus on optimizing existing investments rather than concentrating on new deployments.

Despite this slowdown, the report forecasts a rebound over the next four quarters, with market growth expected to begin recovering in the forthcoming quarters.

“While the SASE market has felt the effects of economic uncertainty, the fundamentals remain strong,” said Mauricio Sanchez, Sr. Director, Enterprise Security and Networking at Dell’Oro Group. “We anticipate a rebound in the coming year as enterprises shift from short-term caution to longer-term investment in cloud-based security and networking solutions. The demand for integrated and scalable SASE platforms will grow as digital-first strategies become non-negotiable.

“As enterprises focus on operational efficiency and streamlined IT management, single-vendor SASE solutions have emerged as a clear winner,” added Sanchez. “We expect this trend to gain momentum, particularly as companies look to simplify deployments and achieve faster time-to-value.”