The Latin America, Middle East and Africa Edge Security Market should witness market growth of 27.3% CAGR during the forecast period (2022-2028).
Edge device security is important, but cloud security also a critical aspect. While cloud analysis and storage remain the preferred location for storing and analyzing data, the sheer volume of data made by devices connected to the internet requires much more processing power. Edge computing, by design, moves storage and computing resources closer to the data sources. To manage the load, edge-based computation shifts data from the edge to the cloud, especially back to the edge, which is much more vulnerable to attacks.
There is an increasing trend toward moving to the cloud in the healthcare industry. However, enterprises are advised to comply with strict security policies for sensitive data. Edge security is a high-tech form of cloud edge security that prioritizes the most critical security fundamentals, including encryption for data stored locally and in transit between the edge computing devices and the network core.
The government of Saudi Arabia has recognized the importance of broadband communications and the potential benefits of the 5G technologies, which now fit well into the nation’s plan to build a leading economy, as stated in Vision 2030. Saudi Arabia is a regional leader in terms of awarded International Mobile Telecommunication (IMT) spectrum in sub-GHz IMT bands, assisting in the organic growth of domestic mobile network capacities from 3G and 4G to 5G. The rising awareness towards 5G and the rising work towards its more comprehensive implementation will increase the need for a proper security solution like edge security which will further boost the market expansion in the region.
The Brazil market dominated the LAMEA Edge Security Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,246.8 million by 2028. The Argentina market is experiencing a CAGR of 28% during (2022-2028). Additionally, The UAE market would display a CAGR of 26.9% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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).
Edge device security is important, but cloud security also a critical aspect. While cloud analysis and storage remain the preferred location for storing and analyzing data, the sheer volume of data made by devices connected to the internet requires much more processing power. Edge computing, by design, moves storage and computing resources closer to the data sources. To manage the load, edge-based computation shifts data from the edge to the cloud, especially back to the edge, which is much more vulnerable to attacks.
There is an increasing trend toward moving to the cloud in the healthcare industry. However, enterprises are advised to comply with strict security policies for sensitive data. Edge security is a high-tech form of cloud edge security that prioritizes the most critical security fundamentals, including encryption for data stored locally and in transit between the edge computing devices and the network core.
The government of Saudi Arabia has recognized the importance of broadband communications and the potential benefits of the 5G technologies, which now fit well into the nation’s plan to build a leading economy, as stated in Vision 2030. Saudi Arabia is a regional leader in terms of awarded International Mobile Telecommunication (IMT) spectrum in sub-GHz IMT bands, assisting in the organic growth of domestic mobile network capacities from 3G and 4G to 5G. The rising awareness towards 5G and the rising work towards its more comprehensive implementation will increase the need for a proper security solution like edge security which will further boost the market expansion in the region.
The Brazil market dominated the LAMEA Edge Security Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,246.8 million by 2028. The Argentina market is experiencing a CAGR of 28% during (2022-2028). Additionally, The UAE market would display a CAGR of 26.9% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
By Component
- Solution
- SD-WAN
- Secure Access Service Edge
- Cloud Access Security Broker
- Others
- Services
By Deployment Mode
- Cloud
- On-premise
By Organization Size
- Large Enterprises
- Small & Medium Enterprises (SMEs)
By Vertical
- BFSI
- Government & Defense
- Retail & E-commerce
- Energy & Utilities
- Manufacturing
- Healthcare & Life Sciences
- IT & Telecom
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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)
Unique Offerings
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Edge Security Market, by Component
1.4.2 LAMEA Edge Security Market, by Deployment Mode
1.4.3 LAMEA Edge Security Market, by Organization Size
1.4.4 LAMEA Edge Security Market, by Vertical
1.4.5 LAMEA Edge Security Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Analyst's Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.4.2 Key Strategic Move: (Mergers & Acquisition : 2018, Jun - 2022, Dec) Leading Players
Chapter 4. LAMEA Edge Security Market by Component
4.1 LAMEA Solution Market by Country
4.2 LAMEA Edge Security Market by Solution Type
4.2.1 LAMEA SD-WAN Market by Country
4.2.2 LAMEA Secure Access Service Edge Market by Country
4.2.3 LAMEA Cloud Access Security Broker Market by Country
4.2.4 LAMEA Others Market by Country
4.3 LAMEA Services Market by Country
Chapter 5. LAMEA Edge Security Market by Deployment Mode
5.1 LAMEA Cloud Market by Country
5.2 LAMEA On-premise Market by Country
Chapter 6. LAMEA Edge Security Market by Organization Size
6.1 LAMEA Large Enterprises Market by Country
6.2 LAMEA Small & Medium Enterprises (SMEs) Market by Country
Chapter 7. LAMEA Edge Security Market by Vertical
7.1 LAMEA BFSI Market by Country
7.2 LAMEA Government & Defense Market by Country
7.3 LAMEA Retail & E-commerce Market by Country
7.4 LAMEA Energy & Utilities Market by Country
7.5 LAMEA Manufacturing Market by Country
7.6 LAMEA Healthcare & Life Sciences Market by Country
7.7 LAMEA IT & Telecom Market by Country
7.8 LAMEA Others Market by Country
Chapter 8. LAMEA Edge Security Market by Country
8.1 Brazil Edge Security Market
8.1.1 Brazil Edge Security Market by Component
8.1.1.1 Brazil Edge Security Market by Solution Type
8.1.2 Brazil Edge Security Market by Deployment Mode
8.1.3 Brazil Edge Security Market by Organization Size
8.1.4 Brazil Edge Security Market by Vertical
8.2 Argentina Edge Security Market
8.2.1 Argentina Edge Security Market by Component
8.2.1.1 Argentina Edge Security Market by Solution Type
8.2.2 Argentina Edge Security Market by Deployment Mode
8.2.3 Argentina Edge Security Market by Organization Size
8.2.4 Argentina Edge Security Market by Vertical
8.3 UAE Edge Security Market
8.3.1 UAE Edge Security Market by Component
8.3.1.1 UAE Edge Security Market by Solution Type
8.3.2 UAE Edge Security Market by Deployment Mode
8.3.3 UAE Edge Security Market by Organization Size
8.3.4 UAE Edge Security Market by Vertical
8.4 Saudi Arabia Edge Security Market
8.4.1 Saudi Arabia Edge Security Market by Component
8.4.1.1 Saudi Arabia Edge Security Market by Solution Type
8.4.2 Saudi Arabia Edge Security Market by Deployment Mode
8.4.3 Saudi Arabia Edge Security Market by Organization Size
8.4.4 Saudi Arabia Edge Security Market by Vertical
8.5 South Africa Edge Security Market
8.5.1 South Africa Edge Security Market by Component
8.5.1.1 South Africa Edge Security Market by Solution Type
8.5.2 South Africa Edge Security Market by Deployment Mode
8.5.3 South Africa Edge Security Market by Organization Size
8.5.4 South Africa Edge Security Market by Vertical
8.6 Nigeria Edge Security Market
8.6.1 Nigeria Edge Security Market by Component
8.6.1.1 Nigeria Edge Security Market by Solution Type
8.6.2 Nigeria Edge Security Market by Deployment Mode
8.6.3 Nigeria Edge Security Market by Organization Size
8.6.4 Nigeria Edge Security Market by Vertical
8.7 Rest of LAMEA Edge Security Market
8.7.1 Rest of LAMEA Edge Security Market by Component
8.7.1.1 Rest of LAMEA Edge Security Market by Solution Type
8.7.2 Rest of LAMEA Edge Security Market by Deployment Mode
8.7.3 Rest of LAMEA Edge Security Market by Organization Size
8.7.4 Rest of LAMEA Edge Security Market by Vertical
Chapter 9. Company Profiles
9.1 Broadcom, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 Cisco Systems, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Product Launches and Product Expansions:
9.2.6 SWOT Analysis
9.3 Palo Alto Networks, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Product Launches and Product Expansions:
9.3.5.3 Acquisition and Mergers:
9.4 Check Point Software Technologies Ltd.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Acquisition and Mergers:
9.5 Fortinet, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.5.2 Product Launches and Product Expansions:
9.5.5.3 Acquisition and Mergers:
9.6 Zscaler, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.5.2 Product Launches and Product Expansions:
9.6.5.3 Acquisition and Mergers:
9.7 Cloudflare, Inc.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Product Launches and Product Expansions:
9.7.5.2 Acquisition and Mergers:
9.8 F5 Networks, Inc.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Regional Analysis
9.8.4 Research & Development Expenses
9.8.5 Recent strategies and developments:
9.8.5.1 Acquisition and Mergers:
9.9 Citrix Systems, Inc. (Cloud Software Group, Inc.)
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional Analysis
9.9.4 Research & Development Expense
9.10. Forcepoint LLC (Francisco Partners)
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Acquisition and Mergers:
Companies Mentioned
- 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)
Methodology
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