Edge Security Market Share Analysis By Offering Type

By Author: Shreya
Total Articles: 30
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Meticulous Research®—leading global market research company, published a research report titled, 'Global Edge Security Market by Offering (Solution, Services), Deployment Mode, Organization Size, Sector (IT & Telecommunications, Healthcare, Retail & E-Commerce, BFSI, Government, Energy & Utilities), and Geography - Global Forecast to 2031.’
According to this latest publication from Meticulous Research®, the edge security market is moving quickly and could be worth around $82.4 billion by 2031. That is nearly a 20% growth rate per year from 2024 to 2031, which is very high compared to many other IT security segments. The push is mainly coming from companies adopting SASE (secure access service edge). They are trying to lower IT costs and deal with the mess of hybrid and remote setups. At the same time, the number of cyberattacks keeps climbing, so the pressure to improve defenses at the edge is only getting stronger. Still, the market is not without its problems. Edge environments are often fragmented, complex, and not well understood, which slows down adoption in some places. When you look at what is ...
... being sold, the market splits between solutions and services. On the solutions side, there are things like SD-WAN, secure web gateways, CASBs, firewall-as-a-service, and zero-trust tools. Services include consulting, integration, training, and full managed offerings where providers handle most of the work. In terms of deployment mode, cloud-based options are getting more popular because they scale easily and save money, while on-premise setups still matter in highly regulated industries. For organization size, large enterprises are usually first movers, but SMEs are catching up by going for cloud-based and managed security services. Different industries are at different points. Banks and financial services (BFSI) are focused on compliance and customer trust. Retail and e-commerce players care about preventing fraud and protecting payments. IT and telecom companies are upgrading security to deal with 5G and IoT devices. In healthcare, it is about protecting patient data and telehealth platforms. Other areas government, energy, education, manufacturing all have unique needs too. Regionally, North America leads for now, helped by early adoption of AI-driven and zero-trust models, while Europe is guided strongly by GDPR. Asia-Pacific looks like the fastest-growing region because of digitalization, e-commerce, and large-scale 5G rollouts. A few big trends stand out: more companies are moving toward zero-trust architectures, AI and machine learning are becoming part of day-to-day security, and demand for managed security services keeps growing, especially for smaller businesses. The opportunity is there, but success depends on how well vendors can simplify complex setups and clear up confusion about what edge security actually does.

Global Edge Security Market Segmentation by Offering – Growth of Solutions and Services
When we look at the market by offering, it breaks into solutions and services. Right now, in 2024, the solutions segment makes up the bigger piece of the global edge security market. That is not surprising companies are leaning heavily on tools like SD-WAN, secure web gateways, CASBs, firewall-as-a-service, and zero-trust access solutions. These are the systems that help watch network activity for odd behavior, stop cyberattacks before they spread, and keep data moving safely between users and apps. The need to protect sensitive information in areas like BFSI, IT & telecommunications, healthcare, retail, and government is really pushing this forward. The services segment, though, is the one to watch. Even if it is smaller today, it is expected to grow much faster over the next few years. A lot of this comes from the rising demand for managed security services, especially among SMEs that do not have the budget or staff for full in-house security. There is also more interest in professional services things like security audits, firewall checks, and network assessments. Larger enterprises are looking for these too, but SMEs in particular are driving the trend since they want reliable, end-to-end protection without handling the complexity themselves.
Cloud Security Adoption Rises as SMEs Drive Edge Security Market Growth
When we look at the edge security market by deployment mode, it splits into on-premise deployment and cloud-based deployment. For 2024, the cloud-based segment is taking the bigger share. A lot of this comes from SMEs that prefer cloud-based solutions because they are easier to scale and generally cheaper to maintain than on-site systems. Another factor is the growing use of cloud edge security services to protect networks from cyberattacks and data breaches, which are becoming more common. The cloud model is not just leading now it is also expected to grow the fastest over the forecast period. That is tied to the wider push for digital transformation, more use of SaaS applications, and the rollout of 5G in IT & telecommunications. Even so, on-premise deployment has not disappeared. Sectors like BFSI, healthcare, government, and energy & utilities still rely on it, often because of strict rules around data handling and compliance. But overall, the flexibility and cost advantages of cloud-based deployment make it the front-runner in the global edge security market.
Edge Security Market by Organization Size: Large Enterprises vs. SMEs
If we break down the edge security market by organization size, it comes down to large enterprises and SMEs. In 2024, large enterprises are expected to take the bigger share. That makes sense they already have strong IT infrastructure, bigger budgets, and a lot more to lose if edge networks get hit by cyberattacks. Many of them, especially in BFSI, IT & telecommunications, government, and healthcare, are putting money into edge security services like zero-trust access, SASE frameworks, and managed offerings. The goal is simple: reduce the risk of major breaches. The SME segment, though, is where the fastest growth is happening. Smaller companies are starting to invest in edge security solutions and services because they need to track, monitor, and manage assets in real time while keeping costs low. As digital transformation speeds up in areas like retail, manufacturing, and education, SMEs are becoming a bigger target for hackers. They do not always have in-house teams, so many are turning to cloud-based edge security, managed security services, firewall assessments, and network audits. This is why the SME segment is projected to show the highest CAGR over the forecast period it is catching up fast as threats rise.
Global Edge Security Market Segmentation by Industry Sectors
When looking at the edge security market by sector, the main areas are BFSI, retail & e-commerce, government, IT & telecommunications, manufacturing, healthcare, education, and energy & utilities. Out of these, in 2024 the IT & telecommunications sector is expected to take the biggest share. That is not surprising. Telecom and IT companies handle a huge amount of data, devices, and networks at the edge, and with 5G adoption picking up, the risks have only grown. Many of these firms are investing in edge security solutions to cut down network complexity, improve visibility, and keep services running safely. At the same time, the healthcare sector is showing the fastest growth. Hospitals and care providers are dealing with more connected devices (IoT), growing telehealth use, and the ongoing challenge of protecting patient records. Regulations are strict, and one breach can be costly. That is why more healthcare organizations are moving toward edge security services and solutions to secure data, ensure compliance, and reduce risks as digital health expands.
Edge Security Market by Region: North America Leads, Asia-Pacific Grows Fastest
Looking at the edge security market by region, there are North America, Asia-Pacific, Europe, Latin America, and Middle East & Africa. In 2024, North America is probably going to have the biggest share. Companies there are putting a lot of money into edge data centers. They are also using edge security solutions to keep cloud data safe. You could say it is because AI, IoT, and cloud computing are everywhere now. Firms in IT & telecom, BFSI, healthcare, and retail are mostly focused on keeping their networks and devices protected. Asia-Pacific seems set to grow the fastest. The number of connected devices is going up quickly. Many companies there feel they need edge security to protect data, networks, and devices. Governments are also pushing programs to make industrial and tech sectors more secure. Both SMEs and bigger enterprises are turning to cloud-based services, managed security, and zero-trust solutions. So, you could say this region is going to see strong growth in the coming years.
Key Players
The key players operating in the edge security market are Cisco Systems, Inc. (U.S.), Broadcom Inc. (U.S.), Check Point Software Technologies Ltd. (Israel), Palo Alto Networks, Inc. (U.S.), Fortinet, Inc. (U.S.), Juniper Networks, Inc. (U.S.), Zscaler, Inc. (U.S.), Cloudflare, Inc. (U.S.), F5, Inc. (U.S.), Akamai Technologies, Inc. (U.S.), Barracuda Networks, Inc. (U.S.), Forcepoint LLC (U.S.), Versa Networks, Inc. (U.S.), Cato Networks Ltd. (Israel), and Skyhigh Security (U.S.).
Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5735
Key Questions Answered in the Report:
Which technology adoption is a major driver for reducing IT costs in edge security?
How does the fragmented nature of edge environments affect market growth?
What are the key components included in the solutions segment of the edge security market?
Which segment solutions or services is expected to grow faster over the forecast period?
What are the two main deployment modes in the edge security market?
Why is cloud-based deployment becoming more popular among SMEs?
What factors are driving the high CAGR of SMEs in the edge security market?
How does digital transformation affect cybersecurity needs for SMEs?
Why is the healthcare sector expected to grow the fastest?
How do 5G networks impact IT & telecommunications companies in terms of edge security?
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