Edge Security Market 2023-2032; Growth Forecast & Industry Share Report

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Edge Security Market 2023-2032 Growth Forecast
Industry Share Report
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• Industry Insights

• The world is witnessing an increasing need for
  edge security solutions due to the complexity of
  managing IT systems and updating several security
  systems. Given the growing government backing,
  edge security service providers are now operating
  in a favorable climate and offering innovative
  and reliable solutions to help enterprises secure
  their multi-cloud settings.
• It has been anticipated that the edge security
  market will be positively influenced by the
  growing usage of the Internet of Things,
  real-time analytics, and cloud computing made
  possible by ML (machine learning) and AI
  (artificial intelligence). For instance, in
  December 2022, Cradlepoint, in tandem with its
  Secure Connect solutions and Advanced SD-WAN,
  announced offering zero-trust network access
  services as a part of the NetCloud Exchange
  platform.
• Based on organizational size, the large
  enterprises segment is expected to expand
  positively through the forecast period. Big
  organizations are the forerunners of edge
  security solutions because they use a significant
  number of enterprise apps that are at risk of
  cyber-attacks.

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• With respect to deployment mode, the cloud
  segment is anticipated to grow significantly over
  the review period. Hybrid-cloud, multi-tenant
  edge, and multi-cloud operations are all covered
  by cloud-based edge security systems. The
  cloud-based edge security technologies alleviate
  the challenges of administering old
  application-based systems.
• In terms of end-user, the healthcare segment is
  set to amass sizable growth by 2032. Smart
  healthcare systems are reshaping the healthcare
  business by leveraging IoT technologies and cloud
  infrastructure to gather, transmit, store,
  process, and give healthcare recommendations, in
  turn fostering segmental growth.

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• Regional Analysis

From the regional outlook, the Middle East
Africa edge security market is poised to attain
more than USD 5 billion valuation by 2032.
Industry-wide adoption of the Internet of Things
is accelerating, causing a spike in data volumes
and network traffic. The demand for real-time,
automated decision-making solutions and
low-latency processing, both of which are
essential for local organizations, is another
factor driving the regional expansion.

• Competitive Analysis

• 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

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