Edge Security Market to be Dominated by BFSI Through 2028

The growing number of internet users and the rising use of digital services are driving the demand for Global Edge Security Market.

According to TechSci Research report, “Edge Security Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F,” the global edge security market is expected to grow at a significant rate in the coming years due to the increasing adoption of cloud computing and the Internet of Things (IoT). Edge security solutions provide protection to data and devices at the edge of the network, enabling businesses to mitigate security risks and prevent unauthorized access to their systems.

The global edge security market is expected to continue growing as organizations seek to enhance their cybersecurity posture and protect their networks from cyber threats. With the emergence of new technologies and delivery models, as well as the increasing importance of compliance and privacy, the global edge security market is likely to remain a dynamic and innovative segment of the cybersecurity industry. SASE is a network architectural framework that integrates cloud-native security technologies like SWG, CASB, ZTNA, and FWaaS with SD-WAN capabilities to securely link people, systems, and endpoints to applications and services anywhere. The SASE provider delivers these functionalities from the cloud and provides them as a service. SASE design streamlines IT infrastructure and relieves enterprises of the strain of administering and updating different security solutions on a regular basis. SASE architecture also allows enterprises to save money on numerous security solutions by allowing them to swiftly establish data protection rules. Many of these advantages are propelling SASE frameworks' appeal among businesses.

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The Global Edge Security market can be segmented by component, organization size, deployment mode, end user industry, region and competitive landscape.

On the basis of Component, the market is segmented into Solutions and Services. Solutions segment is further segmented into CASB, SD-WAN and SASE. Services segment is further segmented into Managed Services, Professional Services, Implementation & Integration, Training & Consulting and Support & Maintenance.

By organization size, the market can be divided into small and medium-sized enterprises (SMEs) and large enterprises. SMEs are defined as organizations with fewer than 500 employees, while large enterprises are those with more than 500 employees.

By deployment mode, the market can be divided into on-premises and cloud-based. On-premises deployment refers to the installation of edge security solutions on an organization's own infrastructure. Cloud-based deployment refers to the use of edge security solutions provided by a third-party cloud service provider.

By End user Industry, the market can be divided into BFSI, Government & Defense, IT & Telecom, and others.

Geographically, the market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

Key market players in the Global Edge Security Market include:

• Broadcom Inc
• VMware, Inc
• Fortinet, Inc
• Microsoft Corporation
• Rackspace Technology, Inc
• F5, Inc
• Cisco Systems Inc
• Amazon Web Services
• Fujitsu
• Furukawa Electric Co. Ltd.

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“The Global Edge Security Market is gaining traction due to its ability to provide faster and more efficient communication and data transfer, enabling organizations to handle a large volume of information with ease. This, in turn, can increase the overall productivity and competitiveness of businesses in the digital age. Moreover, the emergence of edge security is driving the development of smart cities, which are integrated and connected through advanced technology and digital systems. By using edge security solutions, cities can improve energy efficiency, safety and security, traffic management, and environmental monitoring, making the lives of citizens more convenient and comfortable. As the world becomes increasingly digital, the demand for edge security solutions is expected to grow, driving the development of smart cities and enabling businesses to stay competitive in a rapidly evolving marketplace.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“Edge Security Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F, Segmented By Component (Solutions (CASB, SD-WAN, SASE) and Services (Managed Services, Professional Services, Implementation & Integration, Training& Consulting, Support & Maintenance), By Organization Size (Large Enterprises, SMEs), By Deployment Mode (On-premises, Cloud), By End User Industry (BFSI, Government & Defense, IT & Telecom, Others), By Region, Competition,” has evaluated the future growth potential of Global Edge Security Market and provides statistics and information on market structure, size, share, and future growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in the Global Edge Security Market.

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