Security Service Edge Market Growth Expected to Reach $2.8 Billion by 2028
Security Service Edge Market by Offering, Solutions (ZTNA, CASB, SWG, FWaaS), Services, Vertical (BFSI, Government, Retail & eCommerce, IT & ITeS), & Region (North America, Europe, Asia Pacific, Middle East & Arica, Latin America)
(EMAILWIRE.COM, November 13, 2024 ) The Security Service Edge Market is expected to reach USD 2.8 billion by 2028 from USD 0.8 billion in 2023, at a CAGR of 25.4 % during 2023–2028.
The evolving cybersecurity landscape and the dynamic digital transformation of organizations are driving the adoption of the SSE market. As businesses increasingly rely on cloud services, remote work, and distributed networks, the need for securing data and network access at the edge has become paramount.
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Security Service Edge Market Dynamics:
Drivers:
1. Increasing adoption of remote work.
2. Rising need for unified network security architecture.
3. Integration of Cloud Access Security Broker into organization & security framework.
4. Zero trust access driving security service edge adoption
Restraints:
1. Integration complexity.
2. Achieving and sustaining compliance with stringent security standards.
Opportunities:
1. Cloud-native advancements.
2. Cost savings by combining multiple security and network access.
List of Key Players in the Security Service Edge Market:
• Netskope (US)
• ZScaler (US)
• Palo Alto Networks (US)
• Cisco (US)
• Broadcom (US)
• Forcepoint (US)
• Lookout (US)
• iBoss (US)
• Skyhigh Security (US)
• Cloudflare (US)
Moreover, stringent data privacy regulations necessitate enhanced protection of sensitive information. SSE aligns with the Zero Trust security model, providing continuous verification and access control, making it a fitting response to these challenges. As digital infrastructure evolves, the SSE market experiences rapid innovation and expansion, offering solutions that not only bolster security but also enable agile, efficient, and reliable operations in the ever-changing digital landscape.
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By offering service segment to hold the largest market size during the forecast period.
The SSE services represent offerings focused on enhancing cybersecurity and network security by safeguarding the ever-expanding digital landscape. These services encompass an array of solutions, including Managed Security Services, which provide expert oversight, monitoring, and incident response, effectively outsourcing security operations. Implementation and Integration Services ensure the seamless deployment of SSE solutions into existing infrastructures, creating a secure and efficient environment. Support and Maintenance Services are crucial for ongoing reliability and upkeep, encompassing issue resolution and updates to keep SSE environments robust and current. These services collectively enable organizations to secure their network access, data, and applications, regardless of user location or device. With the proliferation of remote workforces and the growing reliance on cloud-based operations, SSE services are essential for safeguarding data, applications, and network access, offering a comprehensive and adaptable approach to cybersecurity in the evolving digital landscape.
Based on region, North America holds the largest market size during the forecast period.
North America is poised to be a major player in the global SSE market, with the United States and Canada driving its substantial market size. Technology is getting more advanced with each passing day, and the growing economies of the US and Canada enable them to invest in these new technologies in huge amounts. Public and private organizations in the region are focused on cloud security solutions, such as SD-WAN, ZTNA, SWG, and CASB. The region has several large enterprises and rapidly growing SMEs where protecting the consumers’ identities is the prime objective. Enterprises in this area have started implementing various technologies, such as AI, ML, blockchain, big data, and cloud, for securing data. This will likely boost the region's market for SSE solutions during the forecast period.
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:
Mr. Rohan Salgarkar
MarketsandMarkets Inc.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
The evolving cybersecurity landscape and the dynamic digital transformation of organizations are driving the adoption of the SSE market. As businesses increasingly rely on cloud services, remote work, and distributed networks, the need for securing data and network access at the edge has become paramount.
Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=186280780&utm_source=emailwire.com&utm_medium=paidpr&utm_campaign=security-service-edge-market
Security Service Edge Market Dynamics:
Drivers:
1. Increasing adoption of remote work.
2. Rising need for unified network security architecture.
3. Integration of Cloud Access Security Broker into organization & security framework.
4. Zero trust access driving security service edge adoption
Restraints:
1. Integration complexity.
2. Achieving and sustaining compliance with stringent security standards.
Opportunities:
1. Cloud-native advancements.
2. Cost savings by combining multiple security and network access.
List of Key Players in the Security Service Edge Market:
• Netskope (US)
• ZScaler (US)
• Palo Alto Networks (US)
• Cisco (US)
• Broadcom (US)
• Forcepoint (US)
• Lookout (US)
• iBoss (US)
• Skyhigh Security (US)
• Cloudflare (US)
Moreover, stringent data privacy regulations necessitate enhanced protection of sensitive information. SSE aligns with the Zero Trust security model, providing continuous verification and access control, making it a fitting response to these challenges. As digital infrastructure evolves, the SSE market experiences rapid innovation and expansion, offering solutions that not only bolster security but also enable agile, efficient, and reliable operations in the ever-changing digital landscape.
Request Sample Pages@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=186280780&utm_source=emailwire.com&utm_medium=paidpr&utm_campaign=security-service-edge-market
By offering service segment to hold the largest market size during the forecast period.
The SSE services represent offerings focused on enhancing cybersecurity and network security by safeguarding the ever-expanding digital landscape. These services encompass an array of solutions, including Managed Security Services, which provide expert oversight, monitoring, and incident response, effectively outsourcing security operations. Implementation and Integration Services ensure the seamless deployment of SSE solutions into existing infrastructures, creating a secure and efficient environment. Support and Maintenance Services are crucial for ongoing reliability and upkeep, encompassing issue resolution and updates to keep SSE environments robust and current. These services collectively enable organizations to secure their network access, data, and applications, regardless of user location or device. With the proliferation of remote workforces and the growing reliance on cloud-based operations, SSE services are essential for safeguarding data, applications, and network access, offering a comprehensive and adaptable approach to cybersecurity in the evolving digital landscape.
Based on region, North America holds the largest market size during the forecast period.
North America is poised to be a major player in the global SSE market, with the United States and Canada driving its substantial market size. Technology is getting more advanced with each passing day, and the growing economies of the US and Canada enable them to invest in these new technologies in huge amounts. Public and private organizations in the region are focused on cloud security solutions, such as SD-WAN, ZTNA, SWG, and CASB. The region has several large enterprises and rapidly growing SMEs where protecting the consumers’ identities is the prime objective. Enterprises in this area have started implementing various technologies, such as AI, ML, blockchain, big data, and cloud, for securing data. This will likely boost the region's market for SSE solutions during the forecast period.
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:
Mr. Rohan Salgarkar
MarketsandMarkets Inc.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Contact Information:
MarketsandMarkets™
Mr. Rohan Salgarkar
Tel: 1-888-600-6441
Email us
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MarketsandMarkets™
Mr. Rohan Salgarkar
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results