Security Service Edge Market Forecast: Share, Demand, Size, and Trends Through 2030
Markntel Advisors’ report, Security Service Edge Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Security Service Edge presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.
Security Service Edge Market Industry Research Report & Market Summary:
The Global Security Service Edge Market size is estimated to grow at a CAGR of around 27.4% during the forecast period, i.e., 2024-30. With the increasing threat related to the security breach of data, companies have been largely adopting services like Security Service Edge. By integrating security features right into the network edge, the Security Service Edge (SSE) ensures protection closer to the user or device. In recent years, as a large number of companies have adopted hybrid work modes, the need for edge protection for their devices has increased. As more employees prefer to do work from home and work from remote locations, the demand for Security Service Edge has increased to secure an organization’s data.
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Security Service Edge Market Dynamics:
Key Driver-
The Rising Digital Transformation Initiatives Fueling the Demand for Security Service Edge – The big upward thrust in efforts for digital transformation has been improving the adoption of security software like SSE in recent years. Developing nations like India, Mexico, Brazil, Saudi Arabia, etc., have taken extensive measures for digital transformation in recent years. Digital transformation initiatives are intended to improve the client experience by providing seamless, customized interactions throughout more than one channel and touchpoint. In addition, the governments across these countries are also introducing numerous initiatives to enhance digital transformation across their nations. For instance,
- In 2024, the Saudi Arabian government launched the Digital Transformation Index for 2024, aimed at boosting e-government services and fostering digital innovation. This framework aims to heighten the public sector’s dedication to technological advancement and enhance the quality of e-government services.
Hence, with the escalating adoption of digital technologies in workflows, these organizations and their devices become more prone to cyberattacks. Hence, to provide high-level security to individual devices at the edge, several organizations have ramped up the adoption of security service edge solutions in recent years.
Furthermore, apart from government organizations, private companies across the globe are also contributing to the growth of digital transformation in their countries. Several small and medium enterprises, specifically across countries like the UAE, Saudi Arabia, India, etc., have been planning to adopt complete digital solutions in their workflows. Hence, as more companies adopt digital workflows, the demand for security solutions would also escalate to prevent cyberattacks. Hence, these efforts would augment the size & volume of the Global Security Service Edge (SSE) Industry in the coming years.
Security Service Edge Market Segmentation Analysis:
According to MarkNtel study the market is segmented into the following categories:
By Offerings
- Solution- Market Size & Forecast 2019-2030, USD Million
- Secure Web Gateways (SWG)- Market Size & Forecast 2019-2030, USD Million
- Firewall-as-a-Service (FWaaS)- Market Size & Forecast 2019-2030, USD Million
- Zero Trust Network Access (ZTNA) – Market Size & Forecast 2019-2030, USD Million
- Cloud Access Security Broker (CASB) – Market Size & Forecast 2019-2030, USD Million
- Others- Market Size & Forecast 2019-2030, USD Million
- Service- Market Size & Forecast 2019-2030, USD Million
- Professional Services- Market Size & Forecast 2019-2030, USD Million
- Managed Services- Market Size & Forecast 2019-2030, USD Million
By Enterprise Size
- Small & Medium Enterprises- Market Size & Forecast 2019-2030, USD Million
- Large Enterprises- Market Size & Forecast 2019-2030, USD Million
Large enterprises have experienced substantial growth in the Global Security Services Edge Market during the past few years, with a major market share.
By End User
- BFSI- Market Size & Forecast 2019-2030, USD Million
- Healthcare- Market Size & Forecast 2019-2030, USD Million
- IT and Telecom- Market Size & Forecast 2019-2030, USD Million
- Retail & E-Commerce- Market Size & Forecast 2019-2030, USD Million
- Government- Market Size & Forecast 2019-2030, USD Million
- Manufacturing- Market Size & Forecast 2019-2030, USD Million
- Others- Market Size & Forecast 2019-2030, USD Million
Among these, the BFSI sector has held a considerable share in the Global Security Service Edge Market. The BFSI sector operates with sensitive financial and consumer personal information, such as account details, payment card data, and personally identifiable information (PII).
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific.
Among these, North America has been effectively leading the Security Service Edge (SSE) industry during the historical years.
As indicated in the latest market research report published by Markntel Advisors, “Security Service Edge Research Report: Forecast (2024-2030)”, this report offers a detailed analysis of the industry, featuring insights into the Security Service Edge. It encompasses competitor and geographical analyses, as well as recent advancements in the market.
Browse Full Report Along with TOC and Figures – https://www.marknteladvisors.com/research-library/security-service-edge-market.html
Top Companies Operating in the Security Service Edge Market:
- Cisco Systems Inc.
- VMWare Inc.
- Netskope
- Palo Alto Networks
- Versa Networks, Inc.
- Akamai Technologies Inc.
- Zscaler
- Cato Networks
- Broadcom
- Fortinet Inc.
- Check Point Software Technologies Ltd.
- Cloudflare Inc.
- Lookout
- Forcepoint
- Others.
Note – If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
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Key Report Highlights:
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
Frequently Asked Questions (FAQs)-
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What leading factors would propel and impede the industry across the geography?
- How has the industry been evolving in terms of geography & Security Service Edge Market adoption?
- How has the competition been shaping up across the geography?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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