According to a new report, published by KBV research, The Global Security Service Edge Market size is expected to reach $3.9 billion by 2030, rising at a market growth of 24.1% CAGR during the forecast period.
The Solution segment is generating the highest revenue in the Global Security Service Edge Market by Component in 2022; thereby, achieving a market value of $2.7 billion by 2030. SASE is a comprehensive solution that integrates network security functions with WAN capabilities. It provides secure access to applications and data, regardless of the user's location. SASE solutions typically include features such as zero trust network access (ZTNA), secure web gateways, and firewall-as-a-service, delivering a holistic approach to secure connectivity. As SSE converges with edge computing, security solutions are needed to protect devices and data at the network's edge. These solutions include edge firewalls, intrusion detection and prevention systems for edge devices, and security measures tailored to edge computing environments' distributed nature.
The Healthcare & Life Sciences segment is experiencing a CAGR of 24.7% during (2023 - 2030). The adoption of telehealth and remote patient monitoring has expanded significantly. SSE ensures the secure transmission of healthcare data between patients and healthcare providers, maintaining the confidentiality of medical information during virtual consultations and remote monitoring activities. The healthcare industry is a frequent target for cyber-attacks, including ransomware incidents. SSE helps protect against these threats by implementing advanced threat detection and response mechanisms, minimizing the risk of disruptions to healthcare services, and ensuring patient safety.
The North America region dominated the Global Security Service Edge Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $1.4 billion by 2030. The Europe market is anticipated to grow a CAGR of 23.7% during (2023 - 2030). Additionally, The Asia Pacific market would witness a CAGR of 25% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/security-service-edge-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Cisco Systems Inc., Cloudflare, Inc., Citrix Systems, Inc. (Cloud Software Group, Inc.), Trend Micro Inc., Fortinet, Inc., Zscaler, Inc., Palo Alto Networks, Inc., Forcepoint LLC (Francisco Partners), Aruba Networks (Hewlett Packard Enterprise Company) and Broadcom, Inc.
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