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Edge Security Market Analysis

  • Report ID: GMI5449
  • Published Date: Mar 2023
  • Report Format: PDF

Edge Security Market Analysis

Global Edge Security Market, By End-Use

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With respect to end-use, the edge security market value from the IT & telecom segment reached over USD 5 billion in 2022, given the system’s ability to deliver computing and storage resources to users in close proximity. The awareness about high bandwidth, low latency, data offload, data processing, and trusted storage and computing capabilities of edge solutions has also increased. The mounting risks of cyber threats among telecom companies will thus drive the market demand.
 

Edge security market size from the SMEs organization size segment is expected to surpass USD 20 billion by 2032, on account of the rising demand for information technology. In developing nations such as India, the IT-enabled services sector is set to sustain a strong growth trajectory, especially for small- and medium-sized enterprises. Additionally, the rapid digital transformation to enhance customer experiences and the integration of artificial intelligence technologies for preemptive protection against ransomware will further escalate the reliance of SMEs on edge security architectures.
 

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of edge security was valued at USD 15 billion in 2022 and is slated to depict more than 15% CAGR from 2023 to 2032, driven by increasing emphasis on multi-cloud computing across industrial sectors.

The on-premise deployment mode segment is set to hold over 60% share of the industry by 2032, given its ability to offer control over network and data security, meet regulatory compliance requirements, and ensure customization.

The market size for edge security in Asia Pacific is poised to reach USD 15 billion by 2032, owing to the rapid digitalization and the extensive adoption of cloud services.

Key players in the market include Zscaler Inc., VMWare Inc., Trend Micro Incorporated, Sophos Ltd., Open Systems, Jupiter Networks Inc., CloudFlare Inc., Cisco Systems Inc., Broadcom Inc., AWS (Amazon), and Akamai Technologies Inc.

Edge Security Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 22
  • Tables & Figures: 444
  • Countries covered: 19
  • Pages: 230
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