The North America Edge Security Market should 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 should 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.
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).
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 should 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.
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
- US
- Canada
- Mexico
- 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)
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 North America Edge Security Market, by Component
1.4.2 North America Edge Security Market, by Deployment Mode
1.4.3 North America Edge Security Market, by Organization Size
1.4.4 North America Edge Security Market, by Vertical
1.4.5 North America 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. North America Edge Security Market by Component
4.1 North America Solution Market by Country
4.2 North America Edge Security Market by Solution Type
4.2.1 North America SD-WAN Market by Country
4.2.2 North America Secure Access Service Edge Market by Country
4.2.3 North America Cloud Access Security Broker Market by Country
4.2.4 North America Others Market by Country
4.3 North America Services Market by Country
Chapter 5. North America Edge Security Market by Deployment Mode
5.1 North America Cloud Market by Country
5.2 North America On-premise Market by Country
Chapter 6. North America Edge Security Market by Organization Size
6.1 North America Large Enterprises Market by Country
6.2 North America Small & Medium Enterprises (SMEs) Market by Country
Chapter 7. North America Edge Security Market by Vertical
7.1 North America BFSI Market by Country
7.2 North America Government & Defense Market by Country
7.3 North America Retail & E-commerce Market by Country
7.4 North America Energy & Utilities Market by Country
7.5 North America Manufacturing Market by Country
7.6 North America Healthcare & Life Sciences Market by Country
7.7 North America IT & Telecom Market by Country
7.8 North America Others Market by Country
Chapter 8. North America Edge Security Market by Country
8.1 US Edge Security Market
8.1.1 US Edge Security Market by Component
8.1.1.1 US Edge Security Market by Solution Type
8.1.2 US Edge Security Market by Deployment Mode
8.1.3 US Edge Security Market by Organization Size
8.1.4 US Edge Security Market by Vertical
8.2 Canada Edge Security Market
8.2.1 Canada Edge Security Market by Component
8.2.1.1 Canada Edge Security Market by Solution Type
8.2.2 Canada Edge Security Market by Deployment Mode
8.2.3 Canada Edge Security Market by Organization Size
8.2.4 Canada Edge Security Market by Vertical
8.3 Mexico Edge Security Market
8.3.1 Mexico Edge Security Market by Component
8.3.1.1 Mexico Edge Security Market by Solution Type
8.3.2 Mexico Edge Security Market by Deployment Mode
8.3.3 Mexico Edge Security Market by Organization Size
8.3.4 Mexico Edge Security Market by Vertical
8.4 Rest of North America Edge Security Market
8.4.1 Rest of North America Edge Security Market by Component
8.4.1.1 Rest of North America Edge Security Market by Solution Type
8.4.2 Rest of North America Edge Security Market by Deployment Mode
8.4.3 Rest of North America Edge Security Market by Organization Size
8.4.4 Rest of North America 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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