[184 Pages Report] The Edge Security Market size was estimated at USD 28.90 billion in 2023 and expected to reach USD 34.71 billion in 2024, at a CAGR 20.53% to reach USD 106.83 billion by 2030.
Edge security is a decentralized enterprise security infrastructure that functions at the edge of an organization’s network computing. Edge services are a comprehensive set of cloud services that support the secure deployment and management of edge devices by providing infrastructure and software that deliver data processing, analysis, and storage at endpoints. The rising number of cyberattacks with the enormous use of edge computing and the emerging popularity of cloud-based edge security across various end-user industries is significantly increasing the adoption of edge security solutions. However, inaccurate functioning of the security system and the complexity of solving advanced security problems impede the utilization of edge security services. In addition, investments in developing smart cities and 5G network infrastructures and public & private funding to expand company operations and enhance product development are expected to create robust opportunities for developing edge security solutions.
Regional Insights
In North America, escalating IoT and 5G device penetration increases the utilization of edge security solutions in the region. The growing number of connected devices is expected to increase the need for security solutions since edge computing has gained popularity for data processing. The U.S. regional developers have also invested in R&D projects to design cutting-edge services. In Asian countries such as China, Japan, and India, the utilization of edge security solutions is increasing due to rapid digitalization and the extensive adoption of cloud services. This increasing reliance on emerging technologies has accelerated the deployment of edge security solutions to ensure efficient and safe business operations. Manufacturers are also developing advanced products that support data-intensive applications and enterprise innovation, further asserting a positive influence on regional industry trends. In Europe, edge security is becoming increasingly popular and adopted across automotive, telecoms, healthcare, manufacturing, and retail industries.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Edge Security Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Edge Security Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Edge Security Market, highlighting leading vendors and their innovative profiles. These include Acumera, Inc., AdaptivEdge, LLC, Akamai Technologies, Inc., AppViewX., Axis Security, Barracuda Networks, Inc., Broadcom, Inc., Cato Networks Ltd., Centripetal Networks Inc., Check Point Software Technologies Ltd., Cisco Systems, Inc., Citrix Systems, Inc., Cloudflare, Inc., Cyolo Ltd., F5, Inc., Fastly, Inc., Forcepoint, ForgeRock, Fortinet, Inc., Grip Security, Inc., Happiest Minds, Hewlett Packard Enterprise Development LP, iboss, Inc., Impact Networking, LLC, Infoblox Inc., International Business Machines Corporation, InterVision Systems, LLC, Lookout, Inc., Lumen Technologies, Musarubra US, LLC, Netskope by Juniper Networks, Inc., Nomios USA Inc., Nord Security Inc., Open Systems by Emerson Electric Co., Palo Alto Networks, Inc., Perimeter 81 Ltd., Proofpoint, Inc., Softcell Technologies Global Pvt. Ltd., SonicWall, Inc., Sophos Ltd., Sunny Valley Cyber Security Inc., T-Systems International GmbH, Telef?nica Tech, Inc., Trend Micro Incorporated, Twingate Inc., Versa Networks, Inc., Webscale Networks, Inc., Windstream Intellectual Property Services, LLC, ZPE Systems, Inc., Zscaler, Inc., and ZTEdge by Ericom Software Ltd..
Market Segmentation & Coverage
This research report categorizes the Edge Security Market to forecast the revenues and analyze trends in each of the following sub-markets:
- Component
- Services
- Implementation & Integration
- Managed Services
- Professional Services
- Support & Maintenance
- Training & Consulting
- Solutions
- CASB
- SD-WAN
- Secure Access Service Edge
- Services
- Deployment Mode
- Cloud
- On-premises
- Organization Size
- Large Enterprises
- Small & Medium Enterprises
- Verticals
- BFSI
- Energy & Utilities
- Government & Defense
- Healthcare
- IT & Telecom
- Manufacturing
- Retail
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
The report offers valuable insights on the following aspects:
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
- What is the market size and forecast of the Edge Security Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Edge Security Market?
- What are the technology trends and regulatory frameworks in the Edge Security Market?
- What is the market share of the leading vendors in the Edge Security Market?
- Which modes and strategic moves are suitable for entering the Edge Security Market?