[California,6/5/2024] - The Edge Security Market is set to witness remarkable growth, projected to soar to USD 68.1 billion by 2030 from an estimated USD 20 billion in 2023, at a striking CAGR of 19.1% during the forecast period. This significant surge is attributed to the escalating adoption of secure access service edge (SASE) solutions aimed at reducing IT complexities and costs, alongside the mounting security apprehensions and cyberattack risks.
Market Drivers:
Despite this promising trajectory, the complex and fragmented nature of edge environments presents challenges, restraining the market's growth. However, the proliferation of 5G technology and the increasing adoption of cloud-based services among SMEs are anticipated to unlock lucrative growth prospects. Nevertheless, misconceptions and limited awareness regarding edge security persist as notable hurdles for market expansion.
Furthermore, the pervasive integration of artificial intelligence (AI) across industries emerges as a notable trend, shaping the landscape of the global edge security market.
Top 10 Companies Leading the Edge Security Market: https://meticulousblog.org/top-10-companies-in-edge-security-market/
1. Cisco Systems, Inc.- Spearheading secure connectivity with innovative SASE solutions.
2. Broadcom Inc. - Delivering comprehensive edge security solutions for critical markets.
3. Check Point Software Technologies Ltd. - Empowering enterprises with Harmony Connect for robust security.
4. Palo Alto Networks, Inc. - Offering Prisma SASE for superior ZTNA security and SD-WAN.
5. Fortinet, Inc. - Providing single-vendor SASE solutions for comprehensive networking and security.
6. Juniper Networks, Inc. - Protecting applications with full-stack Secure Services Edge (SSE) capabilities.
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7. Zscaler, Inc. - Enabling secure digital transformation with Zero Trust Exchange.
8. Cloudflare, Inc. - Dynamic connectivity with Cloudflare One, a Zero Trust network-as-a-service platform.
9. F5, Inc. - Specializing in application security and multi-cloud management for robust edge security.
10. Akamai Technologies, Inc.- Ensuring web and Internet security with advanced application and API security solutions.
Meticulous Research, in its latest publication on the Edge Security Market, has forecasted a staggering growth rate of 19.1% during the forecast period of 2023-2030.
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