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Top Factor Driving Security Service Edge Market Growth in 2025: The Surge In Cyber Threats Ignites Growth In The Security Service Edge Market
Security Service Edge Market
The security service edge market has expanded exponentially in recent years. It will grow from $0.98 billion in 2024 to $1.25 billion in 2025, at a CAGR of 27.6%. This growth is attributed to digital transformation, remote work trends, regulatory compliance, the increasing sophistication of cyber threats, and bring-your-own-device (BYOD) policies.
The security service edge (SSE) market is expected to experience exponential growth, reaching $2.92 billion by 2029 at a CAGR of 23.7%. Growth is attributed to advanced threats, IoT proliferation, integration with DevOps practices, the adoption of the zero-trust security model, and the shift towards secure access service edge (SASE). Trends include convergence of network security and WAN, increased adoption of zero-trust architectures, enhanced visibility for users and devices, AI and machine learning integration, and the rise of cloud-native security services.
What Are the Primary Growth Drivers for the Security Service Edge Market?
The rising number of cyber threats is projected to boost the growth of the security service edge market. Cyber threats involve malicious activities that exploit vulnerabilities in computer systems, networks, and digital infrastructure. The surge in cyber threats is driven by an increasing frequency of large-scale data breaches and the growing sophistication of cybercriminals. Security Service Edge (SSE) solutions counter cyber threats by offering a comprehensive cybersecurity framework that secures network connections, enforces access controls, protects cloud resources, and enhances threat detection and response. For instance, in February 2023, the Australian Cyber Security Centre reported that cybercrime cases in 2022 reached 76,000, reflecting a 13% increase from the previous year. Therefore, the growing threat landscape is propelling the expansion of the security service edge market.
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Who Are the Dominant Companies Influencing Security Service Edge Market Trends?
Major companies operating in the security service edge market are Microsoft Corporation, International Business Machines Corporation (IBM), Cisco Systems Inc., Broadcom Inc., VMware Inc., Palo Alto Networks Inc., Juniper Networks Inc., Fortinet Inc., Akamai Technologies Inc., Citrix Systems Inc., Check Point Software Technologies Ltd., Proofpoint Inc., Zscaler Inc., Cloudflare Inc., Cyxtera Technologies Inc., Forcepoint LLC, SonicWall Inc., Barracuda Networks Inc., Open Systems AG, Cato Networks Inc., Appgate Inc., Versa Networks Inc., Netskope Inc., Wandera Limited, Menlo Security Inc.
How Is the Security Service Edge Market Evolving?
Companies in the security service edge market are focusing on innovative security solutions, such as consulting security edge services, to address the evolving cybersecurity landscape. These services provide a modular and unified approach to consulting and implementing security service edge (SSE) frameworks. For example, in January 2024, Kyndryl Holdings Inc., a US-based IT service management company, introduced Kyndryl Consult Security Services Edge and Kyndryl Managed SSE, developed in collaboration with Cisco Systems Inc. These services enhance security measures, proactively address cyber incidents, and assist enterprises in transitioning to a secure access service edge (SASE), incorporating a zero-trust network model and supporting hybrid work environments.
What Are the Different Segmentations in the Security Service Edge Market?
The security service edge market covered in this report is segmented -
1) By Type: Cloud-Based, Web-Based
2) By Component: Solution, Services
3) By End-Use: Banking, Financial Services, And Insurance, Healthcare And Life Sciences, Education, Information Technology And Telecommunications, Government, Retail And E-commerce, Manufacturing, Other End Users
Subsegments:
1) By Cloud-Based: Software As A Service (SaaS), Infrastructure As A Service (IaaS)
2) By Web-Based: Web Application Firewalls (WAF), Secure Web Gateways (SWG)
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Which Region Is at the Forefront of the Security Service Edge Market?
North America was the largest region in the security service edge market in 2024. The regions covered in the security service edge market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Security Service Edge Global Market Report?
- Market Size Analysis: Analyze the Security Service Edge Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Security Service Edge Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Security Service Edge Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Security Service Edge Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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