Edge Security Market Overview:
Market Snapshot:
COVID-19 / Ukraine Crisis - Impact Analysis:
Key Takeaways:
Key Market Players:
- Palo Alto Networks, Inc. (Cortex, Prisma)
- Check Point Software Technologies Ltd. (Quantum, CloudGuard)
- Broadcom Inc. (Symantec, Rally Software)
- Fortinet Inc. (FortiSASE, FortiSwitch)
- Cisco Systems, Inc. (SecureX, Duo)
- Zscaler, Inc. (ZScaler Internet Access®, ZScaler Private Access®)
- Cloudflare, Inc. (Area 1, CloudFlare One)
- VMware, Inc. (VMware Explore, VMware Contexa)
- Citrix Systems, Inc. (Citrix DaaS, Citrix ADC)
- Akamai Technologies, Inc. (Kona Site Defender, Akamao Guardicore)
Scope of Report:
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The Edge Security Market is projected to grow at 23.3% CAGR during the forecast period 2023-2030.
Global Edge Security Market size is estimated to be $24 billion in 2023 and is projected to reach $106 billion by 2030
The leading players in the Edge Security Market are Palo Alto Networks, Inc., Check Point Software Technologies Ltd., Broadcom Inc., Fortinet Inc., Cisco Systems, Inc., Zscaler, Inc., Cloudflare, Inc. and Forcepoint LLC.
The growing adoption of IoT devices and 5G services are likely to shape the Edge Security Market in the near future. With more devices using cloud-based services, there is going to be a massive need for effective security solutions.
The shift towards remote operations due to the COVID-19 pandemic has created a significant need for network security. Also, the increasing number of cyber attacks and security risks is driving the Edge Security Market during the forecast period.