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Edge Security Market Share

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

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Edge Security Market Share

The Prominent participants operating across the edge security market include

Zscaler Inc.
VMWare Inc.
Trend Micro Incorporated
Sophos Ltd.
Palo Alto Networks
Open Systems
Netskope
Microsoft Corporation
Jupiter Networks Inc.
IBM Corporation
Forcepoint
CloudFlare Inc.
Cisco Systems Inc.
Broadcom Inc.
Barracuda Networks
AWS (Amazon)
Akamai Technologies Inc.

Product range expansions and acquisitions are among the key strategies being undertaken by these firms to boost their footprint in the industry.

For instance, in February 2022, Juniper Networks unveiled the new component of its Secure Access Service Edge architecture. This solution was designed to provide businesses with the ability to secure workforces through a Firewall-as-a-Service software structure. This initiative enabled the company to strengthen its presence and expand its customer base in the market.

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.