Edge Security Market Value By Component (Solutions, Services), By Deployment (On-premises, Cloud), By Enterprise Size (SMEs, Large Enterprises), By Industry Vertical (BFSI, Government & Defense, IT & Telecom, Energy & Utilities, Manufacturing, Healthcare, Retail, Others), By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa), Industry Analysis, Share & Forecast, 2023 - 2032

  • ID: 344 |  
  • Published date: April, 2023  |  
  • Report Format: PDF

Recent update: Our research team is keeping a close eye on the potential impact of COVID-19 and other global crises on various industries worldwide, allowing us to stay ahead of the competition.

Market Overview:

Edge Security Market size worth exceeded USD 20.1 Billion in 2022 and is projected to showcase a CAGR of over 18.4% from 2023 to 2032. By the end of the forecast period, the market is anticipated to record a valuation of around USD 107.1 Billion.

Edge security is a term used to describe a set of practices and technologies designed to secure the network edge, which is the boundary between an organization's internal network and the outside world. The edge is a critical point of entry for cyber attackers, who can use it to launch a variety of attacks, including distributed denial of service (DDoS), malware, phishing, and other types of attacks. 

Edge security solutions include firewalls, intrusion detection and prevention systems, content filtering, and other technologies that are deployed at the network perimeter to prevent unauthorized access, detect and block threats, and enforce security policies. The goal of edge security is to protect an organization's assets and data by reducing the attack surface and ensuring that only authorized traffic can enter or leave the network. Secure access service edge providers are required to follow data protection laws and regulations, which helps to drive the global secure access service edge industry. Increasing mobile users globally and cloud-based service edge are becoming popular among small-medium enterprises, creating opportunities for the global market during the forecast period.

Edge Security Market Statistics

Report Coverage


Base Year


Market Size in 2022

USD 20.1 Billion

Forecast Period

2023 to 2032

CAGR (2023 to 2032)


Forecast Year Value, 2032

USD 107.1 Billion

Historical Data for

2019 to 2022

Segment Covered

Component, Deployment, Enterprise Size, Industry Vertical, Region

Companies Covered

  • Juniper Networks, Inc.
  • Cisco Systems Inc.
  • Symantec Corporation
  • Fortinet, Inc.
  • Palo Alto Networks Inc.
  • and more.


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The requirement for secure access to cloud services and websites

One of the main uses of the security service edge is the enforcement of policy control over user access to the internet, the web, and cloud applications. Historically, this function was carried out by a SWG. Policy control is necessary to mitigate risk when end users access content on and off-network. Another key driver for secure access to IaaS, PaaS, and SaaS is enforcing corporate internet and access control policies for compliance. Cloud Security Posture Management (CSPM) is also an important capability that protects organizations from risky misconfigurations that can lead to breaches. 

The AT&T Cybersecurity Insights Report 2022 reveals that 5G and cloud are the most preferred edge networks. The report shows that over 93% of respondents researched, implemented, and completed 5G implementations, and 58% believed the cellular edge would enable near-real-time cloud services. Thus, it is predicted that the increasing usage of web applications and cloud services will increase the usage of edge security solutions.


Adopting 5G services is on the rise to advance communication infrastructure

The interconnected technologies of 5G and edge computing are set to revolutionize application performance and enable real-time processing of massive data sets. 5G offers a significant speed increase, up to ten times that of 4G, while mobile edge computing reduces latency by bringing compute capabilities closer to the end user. 

This powerful combination will support Ultra Reliable Low Latency Communication (URLLC) for applications like V2X, Telesurgery, and Cobots, which require end-to-end latency in milliseconds. Additionally, 5G will provide Enhanced Mobile Broadband (eMBB) for high data rate use cases, such as augmented and virtual reality. The Ericsson Mobility Report November 2022 predicts that North America and Northeast Asia will lead the way in 5G subscription penetration, followed by Gulf Cooperation Council countries at 20% and Western Europe at 11%. In the Gulf Cooperation Council, combinations of strong competition and favorable regulations have fueled rapid acceleration in the 5G market.

Regional Overview:

North America is the largest market for edge security solutions, primarily due to the high adoption rate of connected devices and systems in the region. The US and Canada are the major contributors to the North American edge security market. The increasing adoption of cloud computing and the growing demand for real-time data analysis are also driving the growth of the edge security industry in the region.

Europe is the second-largest market for edge security solutions, primarily due to the growing adoption of IoT devices in the region. The UK, Germany, and France are the major contributors to the European edge security market. The increasing number of cyber-attacks and the growing demand for secure data transmission are also driving the growth of the edge security market in European region.

Key Development:

  • In February 2022, Juniper Networks introduced its latest Secure Access Service Edge architecture component. This solution was developed to offer businesses the ability to secure their workforces using a Firewall-as-a-Service software structure. This initiative allowed the company to broaden its market presence and expand its customer base.
  • In October 2022, Fortinet has announced significant cloud-delivered FortiSASE enhancements to enable secure internet access while ensuring consistent security for all user traffic to and from the online platform. FortiSASE has been updated to improve support for protect private and SaaS access cases.

Top companies include in the global edge security market are:

  • Juniper Networks, Inc.
  • Cisco Systems Inc.
  • Symantec Corporation
  • Fortinet, Inc.
  • Palo Alto Networks Inc.
  • Intel Corporation
  • Trend Micro, Inc.
  • Others

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In-depth analysis of edge security market along with industry coverage and forecasting for the following segments:

Market Value, By Component

  • Solutions
  • Services

Market Value, By Deployment

  • On-premises
  • Cloud

Market Size By Enterprise Size

  • SMEs
  • Large Enterprises

Market Size By Industry Vertical 

  • BFSI
  • Government & Defense
  • IT & Telecom
  • Energy & Utilities
  • Manufacturing
  • Healthcare
  • Retail
  • Others

Market Size By Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

Frequently Asked Questions (FAQ):

Publisher: Market Value Insights


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