The Latin America, Middle East and Africa Security Service Edge Market would witness market growth of 27.2% CAGR during the forecast period (2023-2030).
Cyber threats' persistent and evolving nature has become a significant driver for SSE adoption. With cyberattacks becoming more sophisticated, organizations seek advanced security solutions like SSE to protect their digital assets and sensitive information. As organizations undergo digital transformation initiatives, there is a growing demand for security solutions that can adapt to the changing IT landscape. SSE aligns seamlessly with digital transformation goals, providing the security framework for modern, cloud-centric environments. Organizations must comply with stringent regulations, and SSE offers a comprehensive security approach that aids in meeting compliance requirements, safeguarding sensitive data, and avoiding legal ramifications.
The shift towards remote work has become a permanent aspect of the modern work environment. SSE addresses the security challenges associated with remote access, ensuring employees can work securely from any location without compromising organizational data integrity. The increasing complexity of IT environments, with a mix of on-premises, cloud, and hybrid infrastructures, necessitates a security solution that seamlessly integrates and protects across these diverse landscapes. SSE provides a unified security architecture that simplifies the management of security policies and controls.
The International Trade Administration reports that Saudi Arabia finances sixty percent of the healthcare expenditures of Gulf Cooperation Council (GCC) nations. The Saudi Arabian government continues to prioritize this sector. It will invest $36.8 billion in healthcare in 2022. The adoption rate of telehealth in Saudi Arabia is estimated to be around 70 percent. The increasing use of telemedicine and remote patient monitoring solutions in Saudi Arabia requires secure communication channels. SSE facilitates secure and reliable connections, ensuring the confidentiality and integrity of patient information exchanged between healthcare providers and patients. The above aspects will expand the market growth across the region in the upcoming years.
The Brazil market dominated the LAMEA Security Service Edge Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $70.9 million by 2030. The Argentina market is showcasing a CAGR of 27.8% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 26.8% during (2023 - 2030).
Based on Component, the market is segmented into Solution (Zero Trust Network Access, Cloud Access Security Broker, Secure Web Gateways, Firewall-as-a-service and Others), and Services. Based on End-Use, the market is segmented into BFSI, Healthcare & Life Sciences, Education, IT & Telecommunications, Government, Retail & E-commerce, Manufacturing and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Security Service Edge Market is Projected to reach USD 3.9 Billion by 2030, at a CAGR of 24.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems Inc., Cloudflare, Inc., Citrix Systems, Inc. (Cloud Software Group, Inc.), Trend Micro Inc., Fortinet, Inc., Zscaler, Inc., Palo Alto Networks, Inc., Forcepoint LLC (Francisco Partners), Aruba Networks (Hewlett Packard Enterprise Company) and Broadcom, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Component
- Solution
- Zero Trust Network Access
- Cloud Access Security Broker
- Secure Web Gateways
- Firewall-as-a-service
- Others
- Services
By End-Use
- BFSI
- Healthcare & Life Sciences
- Education
- IT & Telecommunications
- Government
- Retail & E-commerce
- Manufacturing
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Cisco Systems Inc.
- Cloudflare, Inc.
- Citrix Systems, Inc. (Cloud Software Group, Inc.)
- Trend Micro Inc.
- Fortinet, Inc.
- Zscaler, Inc.
- Palo Alto Networks, Inc.
- Forcepoint LLC (Francisco Partners)
- Aruba Networks (Hewlett Packard Enterprise Company)
- Broadcom, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Security Service Edge Market, by Component
1.4.2 LAMEA Security Service Edge Market, by End-Use
1.4.3 LAMEA Security Service Edge Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.1.1 Partnerships, Collaborations and Agreements
4.1.2 Product Launches and Product Expansions
4.1.3 Acquisition and Mergers
4.2 Market Share Analysis, 2022
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.3.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2019, Sep – 2023, Nov) Leading Players
4.4 Porter’s Five Force Analysis
Chapter 5. LAMEA Security Service Edge Market by Component
5.1 LAMEA Solution Market by Country
5.2 LAMEA Security Service Edge Market by Solution Type
5.2.1 LAMEA Zero Trust Network Access Market by Country
5.2.2 LAMEA Cloud Access Security Broker Market by Country
5.2.3 LAMEA Secure Web Gateways Market by Country
5.2.4 LAMEA Firewall-as-a-service Market by Country
5.2.5 LAMEA Others Market by Country
5.3 LAMEA Services Market by Country
Chapter 6. LAMEA Security Service Edge Market by End-use
6.1 LAMEA BFSI Market by Country
6.2 LAMEA Healthcare & Life Sciences Market by Country
6.3 LAMEA Education Market by Country
6.4 LAMEA IT & Telecommunications Market by Country
6.5 LAMEA Government Market by Country
6.6 LAMEA Retail & E-commerce Market by Country
6.7 LAMEA Manufacturing Market by Country
6.8 LAMEA Others Market by Country
Chapter 7. LAMEA Security Service Edge Market by Country
7.1 Brazil Security Service Edge Market
7.1.1 Brazil Security Service Edge Market by Component
7.1.1.1 Brazil Security Service Edge Market by Solution Type
7.1.2 Brazil Security Service Edge Market by End-use
7.2 Argentina Security Service Edge Market
7.2.1 Argentina Security Service Edge Market by Component
7.2.1.1 Argentina Security Service Edge Market by Solution Type
7.2.2 Argentina Security Service Edge Market by End-use
7.3 UAE Security Service Edge Market
7.3.1 UAE Security Service Edge Market by Component
7.3.1.1 UAE Security Service Edge Market by Solution Type
7.3.2 UAE Security Service Edge Market by End-use
7.4 Saudi Arabia Security Service Edge Market
7.4.1 Saudi Arabia Security Service Edge Market by Component
7.4.1.1 Saudi Arabia Security Service Edge Market by Solution Type
7.4.2 Saudi Arabia Security Service Edge Market by End-use
7.5 South Africa Security Service Edge Market
7.5.1 South Africa Security Service Edge Market by Component
7.5.1.1 South Africa Security Service Edge Market by Solution Type
7.5.2 South Africa Security Service Edge Market by End-use
7.6 Nigeria Security Service Edge Market
7.6.1 Nigeria Security Service Edge Market by Component
7.6.1.1 Nigeria Security Service Edge Market by Solution Type
7.6.2 Nigeria Security Service Edge Market by End-use
7.7 Rest of LAMEA Security Service Edge Market
7.7.1 Rest of LAMEA Security Service Edge Market by Component
7.7.1.1 Rest of LAMEA Security Service Edge Market by Solution Type
7.7.2 Rest of LAMEA Security Service Edge Market by End-use
Chapter 8. Company Profiles
8.1 Cisco Systems, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Product Launches and Product Expansions:
8.1.5.3 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 Cloudflare, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.6 SWOT Analysis
8.3 Citrix Systems, Inc. (Cloud Software Group, Inc.)
8.3.1 Company Overview
8.3.2 Recent strategies and developments:
8.3.2.1 Product Launches and Product Expansions:
8.3.3 SWOT Analysis
8.4 Trend Micro, Inc.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 SWOT Analysis
8.5 Fortinet, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.6 SWOT Analysis
8.6 Zscaler, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.6.5.2 Product Launches and Product Expansions:
8.6.5.3 Acquisition and Mergers:
8.6.6 SWOT Analysis
8.7 Palo Alto Networks, Inc.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.7.5.2 Product Launches and Product Expansions:
8.7.5.3 Acquisition and Mergers:
8.7.6 SWOT Analysis
8.8 Forcepoint LLC (Francisco Partners)
8.8.1 Company Overview
8.8.2 Recent strategies and developments:
8.8.2.1 Product Launches and Product Expansions:
8.8.3 SWOT Analysis
8.9 Aruba Networks (Hewlett Packard Enterprise Company)
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Partnerships, Collaborations, and Agreements:
8.9.6 SWOT Analysis
8.10. Broadcom, Inc.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expense
8.10.5 Recent strategies and developments:
8.10.5.1 Partnerships, Collaborations, and Agreements:
8.10.6 SWOT Analysis
TABLE 1 LAMEA Security Service Edge Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Security Service Edge Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Security Service Edge Market
TABLE 4 Product Launches And Product Expansions– Security Service Edge Market
TABLE 5 Acquisition and Mergers– Security Service Edge Market
TABLE 6 LAMEA Security Service Edge Market by Component, 2019 - 2022, USD Million
TABLE 7 LAMEA Security Service Edge Market by Component, 2023 - 2030, USD Million
TABLE 8 LAMEA Solution Market by Country, 2019 - 2022, USD Million
TABLE 9 LAMEA Solution Market by Country, 2023 - 2030, USD Million
TABLE 10 LAMEA Security Service Edge Market by Solution Type, 2019 - 2022, USD Million
TABLE 11 LAMEA Security Service Edge Market by Solution Type, 2023 - 2030, USD Million
TABLE 12 LAMEA Zero Trust Network Access Market by Country, 2019 - 2022, USD Million
TABLE 13 LAMEA Zero Trust Network Access Market by Country, 2023 - 2030, USD Million
TABLE 14 LAMEA Cloud Access Security Broker Market by Country, 2019 - 2022, USD Million
TABLE 15 LAMEA Cloud Access Security Broker Market by Country, 2023 - 2030, USD Million
TABLE 16 LAMEA Secure Web Gateways Market by Country, 2019 - 2022, USD Million
TABLE 17 LAMEA Secure Web Gateways Market by Country, 2023 - 2030, USD Million
TABLE 18 LAMEA Firewall-as-a-service Market by Country, 2019 - 2022, USD Million
TABLE 19 LAMEA Firewall-as-a-service Market by Country, 2023 - 2030, USD Million
TABLE 20 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 21 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 22 LAMEA Services Market by Country, 2019 - 2022, USD Million
TABLE 23 LAMEA Services Market by Country, 2023 - 2030, USD Million
TABLE 24 LAMEA Security Service Edge Market by End-use, 2019 - 2022, USD Million
TABLE 25 LAMEA Security Service Edge Market by End-use, 2023 - 2030, USD Million
TABLE 26 LAMEA BFSI Market by Country, 2019 - 2022, USD Million
TABLE 27 LAMEA BFSI Market by Country, 2023 - 2030, USD Million
TABLE 28 LAMEA Healthcare & Life Sciences Market by Country, 2019 - 2022, USD Million
TABLE 29 LAMEA Healthcare & Life Sciences Market by Country, 2023 - 2030, USD Million
TABLE 30 LAMEA Education Market by Country, 2019 - 2022, USD Million
TABLE 31 LAMEA Education Market by Country, 2023 - 2030, USD Million
TABLE 32 LAMEA IT & Telecommunications Market by Country, 2019 - 2022, USD Million
TABLE 33 LAMEA IT & Telecommunications Market by Country, 2023 - 2030, USD Million
TABLE 34 LAMEA Government Market by Country, 2019 - 2022, USD Million
TABLE 35 LAMEA Government Market by Country, 2023 - 2030, USD Million
TABLE 36 LAMEA Retail & E-commerce Market by Country, 2019 - 2022, USD Million
TABLE 37 LAMEA Retail & E-commerce Market by Country, 2023 - 2030, USD Million
TABLE 38 LAMEA Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 39 LAMEA Manufacturing Market by Country, 2023 - 2030, USD Million
TABLE 40 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 41 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 42 LAMEA Security Service Edge Market by Country, 2019 - 2022, USD Million
TABLE 43 LAMEA Security Service Edge Market by Country, 2023 - 2030, USD Million
TABLE 44 Brazil Security Service Edge Market, 2019 - 2022, USD Million
TABLE 45 Brazil Security Service Edge Market, 2023 - 2030, USD Million
TABLE 46 Brazil Security Service Edge Market by Component, 2019 - 2022, USD Million
TABLE 47 Brazil Security Service Edge Market by Component, 2023 - 2030, USD Million
TABLE 48 Brazil Security Service Edge Market by Solution Type, 2019 - 2022, USD Million
TABLE 49 Brazil Security Service Edge Market by Solution Type, 2023 - 2030, USD Million
TABLE 50 Brazil Security Service Edge Market by End-use, 2019 - 2022, USD Million
TABLE 51 Brazil Security Service Edge Market by End-use, 2023 - 2030, USD Million
TABLE 52 Argentina Security Service Edge Market, 2019 - 2022, USD Million
TABLE 53 Argentina Security Service Edge Market, 2023 - 2030, USD Million
TABLE 54 Argentina Security Service Edge Market by Component, 2019 - 2022, USD Million
TABLE 55 Argentina Security Service Edge Market by Component, 2023 - 2030, USD Million
TABLE 56 Argentina Security Service Edge Market by Solution Type, 2019 - 2022, USD Million
TABLE 57 Argentina Security Service Edge Market by Solution Type, 2023 - 2030, USD Million
TABLE 58 Argentina Security Service Edge Market by End-use, 2019 - 2022, USD Million
TABLE 59 Argentina Security Service Edge Market by End-use, 2023 - 2030, USD Million
TABLE 60 UAE Security Service Edge Market, 2019 - 2022, USD Million
TABLE 61 UAE Security Service Edge Market, 2023 - 2030, USD Million
TABLE 62 UAE Security Service Edge Market by Component, 2019 - 2022, USD Million
TABLE 63 UAE Security Service Edge Market by Component, 2023 - 2030, USD Million
TABLE 64 UAE Security Service Edge Market by Solution Type, 2019 - 2022, USD Million
TABLE 65 UAE Security Service Edge Market by Solution Type, 2023 - 2030, USD Million
TABLE 66 UAE Security Service Edge Market by End-use, 2019 - 2022, USD Million
TABLE 67 UAE Security Service Edge Market by End-use, 2023 - 2030, USD Million
TABLE 68 Saudi Arabia Security Service Edge Market, 2019 - 2022, USD Million
TABLE 69 Saudi Arabia Security Service Edge Market, 2023 - 2030, USD Million
TABLE 70 Saudi Arabia Security Service Edge Market by Component, 2019 - 2022, USD Million
TABLE 71 Saudi Arabia Security Service Edge Market by Component, 2023 - 2030, USD Million
TABLE 72 Saudi Arabia Security Service Edge Market by Solution Type, 2019 - 2022, USD Million
TABLE 73 Saudi Arabia Security Service Edge Market by Solution Type, 2023 - 2030, USD Million
TABLE 74 Saudi Arabia Security Service Edge Market by End-use, 2019 - 2022, USD Million
TABLE 75 Saudi Arabia Security Service Edge Market by End-use, 2023 - 2030, USD Million
TABLE 76 South Africa Security Service Edge Market, 2019 - 2022, USD Million
TABLE 77 South Africa Security Service Edge Market, 2023 - 2030, USD Million
TABLE 78 South Africa Security Service Edge Market by Component, 2019 - 2022, USD Million
TABLE 79 South Africa Security Service Edge Market by Component, 2023 - 2030, USD Million
TABLE 80 South Africa Security Service Edge Market by Solution Type, 2019 - 2022, USD Million
TABLE 81 South Africa Security Service Edge Market by Solution Type, 2023 - 2030, USD Million
TABLE 82 South Africa Security Service Edge Market by End-use, 2019 - 2022, USD Million
TABLE 83 South Africa Security Service Edge Market by End-use, 2023 - 2030, USD Million
TABLE 84 Nigeria Security Service Edge Market, 2019 - 2022, USD Million
TABLE 85 Nigeria Security Service Edge Market, 2023 - 2030, USD Million
TABLE 86 Nigeria Security Service Edge Market by Component, 2019 - 2022, USD Million
TABLE 87 Nigeria Security Service Edge Market by Component, 2023 - 2030, USD Million
TABLE 88 Nigeria Security Service Edge Market by Solution Type, 2019 - 2022, USD Million
TABLE 89 Nigeria Security Service Edge Market by Solution Type, 2023 - 2030, USD Million
TABLE 90 Nigeria Security Service Edge Market by End-use, 2019 - 2022, USD Million
TABLE 91 Nigeria Security Service Edge Market by End-use, 2023 - 2030, USD Million
TABLE 92 Rest of LAMEA Security Service Edge Market, 2019 - 2022, USD Million
TABLE 93 Rest of LAMEA Security Service Edge Market, 2023 - 2030, USD Million
TABLE 94 Rest of LAMEA Security Service Edge Market by Component, 2019 - 2022, USD Million
TABLE 95 Rest of LAMEA Security Service Edge Market by Component, 2023 - 2030, USD Million
TABLE 96 Rest of LAMEA Security Service Edge Market by Solution Type, 2019 - 2022, USD Million
TABLE 97 Rest of LAMEA Security Service Edge Market by Solution Type, 2023 - 2030, USD Million
TABLE 98 Rest of LAMEA Security Service Edge Market by End-use, 2019 - 2022, USD Million
TABLE 99 Rest of LAMEA Security Service Edge Market by End-use, 2023 - 2030, USD Million
TABLE 100 Key Information – Cisco Systems, Inc.
TABLE 101 Key Information – Cloudflare, Inc.
TABLE 102 Key Information – Citrix Systems, Inc.
TABLE 103 Key Information – Trend Micro, Inc.
TABLE 104 Key Information – Fortinet, Inc.
TABLE 105 Key Information – Zscaler, Inc.
TABLE 106 Key Information – Palo Alto Networks, Inc.
TABLE 107 Key Information – Forcepoint LLC
TABLE 108 Key Information – Aruba Networks
TABLE 109 Key Information – Broadcom, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Security Service Edge Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Security Service Edge Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2022
FIG 6 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 7 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2019, Sep – 2023, Nov) Leading Players
FIG 8 Porter’s Five Force Analysis: Security Service Edge Market
FIG 9 LAMEA Security Service Edge Market share by Component, 2022
FIG 10 LAMEA Security Service Edge Market share by Component, 2030
FIG 11 LAMEA Security Service Edge Market by Component, 2019 - 2030, USD Million
FIG 12 LAMEA Security Service Edge Market share by End-use, 2022
FIG 13 LAMEA Security Service Edge Market share by End-use, 2030
FIG 14 LAMEA Security Service Edge Market by End-use, 2019 - 2030, USD Million
FIG 15 LAMEA Security Service Edge Market share by Country, 2022
FIG 16 LAMEA Security Service Edge Market share by Country, 2030
FIG 17 LAMEA Security Service Edge Market by Country, 2019 - 2030, USD Million
FIG 18 Recent strategies and developments: Cisco Systems, Inc.
FIG 19 SWOT Analysis: Cisco Systems, Inc.
FIG 20 Recent strategies and developments: Cloudflare, Inc.
FIG 21 SWOT Analysis: Cloudflare, Inc.
FIG 22 SWOT Analysis: Citrix Systems, Inc.
FIG 23 SWOT Analysis: Trend Micro Inc.
FIG 24 SWOT Analysis: Fortinet, Inc.
FIG 25 Recent strategies and developments: Zscaler, Inc.
FIG 26 SWOT Analysis: ZSCALER, INC.
FIG 27 Recent strategies and developments: PALO ALTO NETWORKS, INC.
FIG 28 SWOT Analysis: PALO ALTO NETWORKS, INC.
FIG 29 SWOT Analysis: Forcepoint LLC
FIG 30 SWOT Analysis: Aruba Networks
FIG 31 SWOT Analysis: Broadcom, Inc.