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 Insights

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).

Edge security refers to a decentralized enterprise security policy and provides security for edges networks where end users store and process data over a large network. This reduces bandwidth usage, response time and latency as much as possible in which data can be analyzed and processed near real-time.

Increasing demand for low latency estimates from different parts of the world is one of the key edge security market trends to improve efficiency and facilitate real-time decision making. The increasing need for faster uptime due to the amount of data generated by various large organizations is driving the renewed use of edge security, and the increasing adoption of cloud computing by businesses has created a demand for edge security integration has been increased. Growing security concerns and the threat of cyberattacks have led to greater adoption of edge security as it provides protection for computer systems in an organization’s remote network. Such locations pose a higher risk because they are not within the scale of the organization.

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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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