MSSP Market Update: HackerOne Platform on AWS Marketplace

A new report from Dell’Oro Group revealed that the global SASE market reached $2.4 billion in 3Q 2024 driven by six major vendors that hold the lion's share of the market.

The top six SASE vendors—Zscaler, Cisco, Palo Alto Networks, Broadcom, Fortinet, and Netskope—each with greater than 5% revenue share, grew their collective market share to 72%, a seven-point increase compared to 3Q 2023, according to the report. This consolidation highlights the industry’s shift toward a more mature competitive landscape as enterprises prioritize established players for integrated networking and security solutions, the report concludes.

“The SASE market is entering a new maturity phase,” said Mauricio Sanchez, Sr. Director, Enterprise Security and Networking at Dell’Oro Group. “As enterprises focus on trusted, integrated solutions during economic uncertainty, the largest vendors are capturing a growing share of investments, setting the stage for continued leadership and innovation.”

Zscaler led the pack with a 21% market share, followed by Cisco, Palo Alto Networks, Broadcom, Fortinet, and Netskope.

In the SASE market, overall market revenue rose by a single-digit year-over-year, the slowest growth rate since tracking began in 1Q 2019, Dell'Oro Group found. Despite this, the top six vendors grew at a faster double-digit pace,  reflecting the consolidation trend.

And while growth is expected to strengthen in 2025 compared to 2024, it is not anticipated to reach the vigorous levels seen at the start of the pandemic. Renewed enterprise investments and expanding adoption of integrated cloud security and networking solutions are expected to drive the market forward, Dell'Oro Group's research found.

Now, here's today's MSSP update. Drop me a line at [email protected] if you have news to share or want to say hi!

Today's MSSP Update

1. ESET expands partnership with Stellar Cyber: ESET is expanding their partnership with Stellar Cyber to deliver AI-driven XDR solutions. This is in addition to previous integration announcements, including with Microsoft Sentinel, IBM QRadar, Mindflow, and Filigran OpenCTI, ESET said.

2. Appdome's extended coverage: Appdome has unveiled a major update to its Mobile Defense Platform, expanding its security coverage to include emerging mobile-enabled platforms like wearables, VR/AR devices, and automotive systems.

3. Delinea joins CVE numbering authority: Delinea this week announced it has been authorized by the Common Vulnerabilities and Exposures (CVE) Program as a CVE Numbering Authority (CNA). Delinea joins a list of partners, including 420+ organizations from 40 countries, to further expand the community-driven CVE Program.

4. HackerOne platform on AWS: HackerOne's HackerOne platform—including the company's bug bounty, vulnerability disclosure programs, pen-testing as a service, AI red teaming, and code security audits for continuous defense in depth—is now available in the AWS Marketplace.

5. Fenix24 launches new IR battalion: Incident response firm Fenix24 is launching a new battalion, Argos99. In conjunction with Fenix24, Conversant Group's recovery service, Argos99 helps increase cyber resilience and incident recovery by providing companies with insights into their own assets and infrastructure.