North America Edge Security Market Size, Share & Industry Trends Analysis Report By Component (Solution and Services), By Deployment Mode (Cloud and On-premise), By Organization Size, By Vertical, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The North America Edge Security Market would witness market growth of 18.9% CAGR during the forecast period (2022-2028).
Particularly edge devices can benefit from data encryption in transit and at rest. Data at rest is data sitting in storage and is accessible, likely with some access restrictions. When data is being sent through a connection of the network, it is called data transit. In data Encryption at rest means that data can be kept safe even if a small edge device is stolen.
Transit encryption in an edge computing environment means data is kept secure when it travels to the network core. Encryption can be done through cryptographic keys and with a VPN. An organization is unable to respond to an attack that they are unaware of. Therefore, the visibility of the system needs to be as holistic and detailed as possible. This is true for a network with edge deployments because the number of network nodes dramatically rises.
With more network nodes, the attack surface and threat vectors increase. Automated monitoring, where software is utilized to scan the network and analyze logs for abnormal behavior, is very beneficial for IT security personnel as it is impossible to analyze and monitor network behavior by hand because there is insufficient time and resources.
The Mexican e-commerce market was valued at $21 billion in 2017 and grew at the rate of 20% annually. The market is anticipated to increase continuously due to improvements in connectivity, more streamlined logistics, enhanced financial inclusion, and a rise in digital literacy. Multichannel brick-and-mortar retailers have seen an increase in net sales of around 25%. There were 82 million internet users in 2018, representing 71% of the population over six. The Mexican Internet Association reported that 60% of internet users engaged in e-commerce. The rising e-commerce is anticipated to increase the usage of edge security to protect the consumer's data and maintain safe progress. Thereby surging the market growth in the region.
The US market dominated the North America Edge Security Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $15,045.5 million by 2028. The Canada market is poised to grow at a CAGR of 21.6% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 20.5% during (2022 - 2028).
Based on Component, the market is segmented into Solution and Services. Based on Solution Type, the market is segmented into SD-WAN, Secure Access Service Edge, Cloud Access Security Broker and Others. Based on Deployment Mode, the market is segmented into Cloud and On-premise. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises (SMEs). Based on Vertical, the market is segmented into BFSI, Government & Defense, Retail & E-commerce, Energy & Utilities, Manufacturing, Healthcare & Life Sciences, IT & Telecom and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Edge Security Market is Predict to reach $57.2 Billion by 2028, at a CAGR of 20.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Broadcom, Inc., Cisco Systems, Inc., Palo Alto Networks, Inc., Check Point Software Technologies Ltd., Fortinet, Inc., Zscaler, Inc., Cloudflare, Inc., F5 Networks, Inc., Citrix Systems, Inc. (Cloud Software Group, Inc.), and Forcepoint LLC (Francisco Partners).
Scope of the Study
Market Segments Covered in the Report:
- Secure Access Service Edge
- Cloud Access Security Broker
By Deployment Mode
By Organization Size
- Large Enterprises
- Small & Medium Enterprises (SMEs)
- Government & Defense
- Retail & E-commerce
- Energy & Utilities
- Healthcare & Life Sciences
- IT & Telecom
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Broadcom, Inc.
- Cisco Systems, Inc.
- Palo Alto Networks, Inc.
- Check Point Software Technologies Ltd.
- Fortinet, Inc.
- Zscaler, Inc.
- Cloudflare, Inc.
- F5 Networks, Inc.
- Citrix Systems, Inc. (Cloud Software Group, Inc.)
- Forcepoint LLC (Francisco Partners)
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