With the increasing number of fibre access users, P2P file sharing download traffic has gradually become one of the enormous bandwidth consumptions for the access network. Localizing traffic could save bandwidth and reduce latency, but it caused optical line terminal (OLT) overload problems. A cloud‐edge collaboration technology (IRS‐CECT) based P2P redirection strategy is proposed for this problem. OLT assumes the role of the cloud computing centre in the strategy. Optical network unit (ONU) serves as an edge computing node to share traffic load for the cloud computing centre. ONU intercepts the upstream query packets for OLT. This strategy can reduce the problem of OLT overload caused by increasing users. Simulation results indicate that the IRS‐CECT strategy can reduce the delay by nearly half and reduce the traffic load on the cloud computing centre OLT.