Global Edge Security Market

Edge Security Market Size, Share, Growth Analysis, By Deployment Mode(Cloud, On-premises), By Offering(Solutions, and Service), By Offering(Solutions and Service), By Verticals(Government & Defense, BFSI, IT & Telecommunications, Healthcare), By Region - Industry Forecast 2024-2031


Report ID: SQMIG45B2124 | Region: Global | Published Date: June, 2024
Pages: 157 | Tables: 152 | Figures: 78

Edge Security Market Regional Insights

North America has leading players offering sophisticated edge security solutions and controls and has the largest market share. In addition, factors such as the emergence of new edge data centers, the need for enhancing security measures used for cloud data security. Advancement in technologies like the cloud, artificial intelligence, and IoTs are playing a key role in boosting market growth. 

Asia-Pacific is representing the fastest CAGR during the forecast period, owing to the growing number of IoT devices and requirements for implementing efficient security. This growing reliance on emerging technologies has led to the rapid deployment of edge security solutions to ensure efficiency and security. Manufacturers are also developing advanced products that support applications that host data and other services.

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Global Edge Security Market size was valued at USD 19.30 Billion in 2022 and is expected to grow from USD 23.45 Billion in 2023 to reach USD 111.36 Billion by 2031, at a CAGR of 21.5% during the forecast period (2024-2031).

The global edge security market is witnessing robust growth, driven by the increasing adoption of edge computing and the escalating threat landscape. Leading players in the tech landscape are refining their cloud and edge security by employing acquisitions and innovations. Leadership in organizations are dedicating resources towards artificial intelligence and machine learning in threaten detection and response which makes the market quite fluid. This competition results in better constantly improving solutions because security needs are constantly evolving to accommodate new edges needed for Enterprise operating at the edge.  'Palo Alto Networks (US) ', 'Check Point (Israel) ', 'Broadcom (US) ', 'Fortinet (US) ', 'Cisco (US) ', 'Zscaler (US) ', 'Cloudflare (US) ', 'Forcepoint (US) ', 'VMware (US) ', 'Citrix (US) ', 'Akamai (US) ', 'Juniper Networks (US) ', 'Netskope (US) ', 'Trend Micro (Japan) ', 'Proofpoint (US) ', 'Barracuda (US) ', 'Sophos (UK) ', 'SonicWall (US) ', 'Infoblox (US) ', 'Open Systems (US)'

Integrating AI and Machine Learning: A key trend in the edge security market is the integration of artificial intelligence (AI) and machine learning (ML) technologies. AI and ML enhance edge security by enabling more sophisticated threat detection and response. This technology can analyze large amounts of data in real time, identify patterns, and predict potential security threats. The integration of AI and ML into edge security solutions makes threat mitigation more efficient and effective, making this an important trend in the market.

North America has leading players offering sophisticated edge security solutions and controls and has the largest market share. In addition, factors such as the emergence of new edge data centers, the need for enhancing security measures used for cloud data security. Advancement in technologies like the cloud, artificial intelligence, and IoTs are playing a key role in boosting market growth. 

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Global Edge Security Market

Report ID: SQMIG45B2124

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