Product ID: SQMIG45B2124
Report ID:
SQMIG45B2124 |
Region:
Global |
Published Date: May, 2024
Pages:
157
|
Tables:
92 |
Figures:
74
Edge Security Market size was valued at USD 19.2 billion in 2022 and is poised to grow from USD 23.33 billion in 2023 to USD 110.79 billion by 2031, growing at a CAGR of 21.5% in the forecast period (2024-2031).
Edge security refers to securing a network where data is generated and stored. Growing adoption of Internet of Things (IoT) devices and rising use of edge computing are projected to be key factors promoting edge security market growth. Increasing incidence of cyberattacks on edge environment is also a key prospect that will promote the adoption of edge security in the long run. Growing digitization and high acceptance of cloud platforms are also slated to benefit edge security market development over the coming years. Rising acceptance of zero-trust approach in security will also create new opportunities for edge security companies in the future. However, resource constraints and complexity of edge environments will slow down edge security market growth in the long run.
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Product ID: SQMIG45B2124