Endpoint Security Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2019-2025- The growing use of internet, increasing incidences of cyber attacks & data breaches, recent advancements in IoT security coupled with the rising demand for cloud applications and data protection are the major factors increasing the growth of the Endpoint Security market.
Endpoint Security Market is valued at USD 11.91 Billion in 2018 and expected to reach USD 21.18 Billion by 2025 with the CAGR of 8.79% over the forecast period.
Endpoint security refers to securing endpoints or end-user devices like desktops, laptops, and smartphones. Endpoint security solutions frequently use a client server model of protection and deploying centrally managed security solution. Some solutions are dependent on SaaS model, by which both central and endpoint security solutions are handled remotely. Endpoint security creates a great approach to protect individual devices and this security approach makes endpoints more heavily dependent for security than anti-virus software. Endpoint security is a combination of security system that includes security software which can be centrally managed and accessible within the network. Endpoint security is an important IT security function and concern due to more employees bring mobile devices to work and many companies allow its employees to use these devices on the corporate network.
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Endpoint security market is segmented on the basis of solutions, services, and deployment, industry vertical and by region. Based upon solutions, endpoint security market is segmented into anti-virus, anti-spyware/anti-malware, firewall, endpoint device control, intrusion prevention, endpoint application control and others. On the basis of service, the market is segmented into managed services, consulting, training and support. Based upon deployment, endpoint security market is classified cloud and on-premises. Based upon industry verticals, endpoint security market is segmented into government & defense, banking, financial services, and insurance (BFSI), it and telecom, healthcare, retail, transportation, energy and utilities, manufacturing, education and others.
The regions covered in this endpoint security market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of endpoint security market is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players for Endpoint Security Market Reports–
Key players of the endpoint security market are Carbon Black Inc., McAfee LLC, Symantec Corporation, Sophos Group PLC, Bitdefender LLC, Cylance Inc., Trend Micro Inc., FireEye Inc., Kaspersky Lab Inc., Cisco Systems Inc., Avast Software SRO, Palo Alto Networks Inc., SentinelOne Inc., Panda Security SL, Fortinet Inc., CrowdStrike Inc., Microsoft Corporation, RSA Security LLC, ESET LLC among others
McAfee Acquired Light Point Security to Extend MVISION Unified Cloud Edge (UCE) Capabilities.
On February 24, 2020; McAfee, the device-to-cloud cybersecurity company announced that it has entered into a definitive agreement to acquire Light Point Security, an award-winner of browser isolation. With the closing of this acquisition the Light Point Security team will join McAfee. McAfee will plan to integrate Light Point Security’s browser isolation technology into McAfee Secure Web Gateway, enabling its existing comprehensive inbound and outbound protection to avoid cloud traffic.
Global Endpoint Security Market Dynamics –
The growing use of internet, increasing incidences of cyber attacks & data breaches, recent advancements in IoT security coupled with the rising demand for cloud applications and data protection are some major factors fuelling the growth of the global endpoint security market. Many enterprises and leading IT companies are focusing on making data only accessible to authorized individuals; in addition threats are increasingly targeting mobile device access and networks that create multiple endpoint vulnerabilities. According to Dell, around 95% of successful attacks created at the endpoint due to the fact that it is easier to attack an employee than exploit an organization’s network. Furthermore, surge in number of BYOD (bring your own device) programs is another key factor leading to increased demand for this market. However, regulatory compliance for endpoint machine must have an approved anti-virus application may restrain the growth of endpoint security market. The emergence of next-generation endpoint technology such as artificial intelligence (AI) is gaining attention from both organizations and assurance programs to stay away from conventional antivirus software and this will bring lucrative opportunities for this market in near future.
North America is expected to dominate the Endpoint Security Market throughout the forecast period.
North America held the largest market for endpoint security and is expected to dominate the market throughout the forecast period due to the high penetration of endpoint security to tackle the challenges regarding increasing cases of cyber attacks and intensified data security. For example; the number of U.S. data breaches from hacking incidents reached about 227 in 2014 and 295 in 2015, which is up 30%. Europe is the second leading region in endpoint security market owing to European guidelines is strengthening data protection laws for both enterprises and people in the Europe, companies expand their security budgets and increasing investments in advanced endpoint solutions. According to Gartner’s data, it is estimated that the combined European and US enterprise endpoint platform market to grow at a CAGR of around 5.2% from 2016 to 2020.
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Key Benefits for Endpoint Security Market Reports –
Global market report covers in depth historical and forecast analysis.
Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global market report helps to identify opportunities in market place.
Global market report covers extensive analysis of emerging trends and competitive landscape.
Endpoint Security Market Segmentation –
By Solutions:
Anti-virus
Anti-spyware/Anti-malware
Firewall
Endpoint Device Control
Intrusion Prevention
Endpoint Application Control
Others
By Services:
Managed Services
Consulting
Training and Support
By Deployment:
Cloud
On-Premises
By Industry Vertical:
Government & Defense
Banking, Financial Services, and Insurance (BFSI)
IT and Telecom
Healthcare
Retail
Transportation
Energy and Utilities
Manufacturing
Education
Others
By Regional & Country Analysis:
North America
U.S.
Canada
Europe
U.K.
France
Germany
Italy
Asia Pacific
China
Japan
India
Southeast Asia
Latin America
Brazil
Mexico
Middle East and Africa
GCC
Africa
Rest of Middle East and Africa
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