Overview and Scope
End-point security refers to a process of securing or protecting devices such as laptops, mobile phones, desktops, and tablets from cyber-attacks and malicious threats. With the help of this, businesses can protect their devices that are used by employees for work purposes. The end-point security is used to protect organizations from increasingly dangerous cyber threats.
Sizing and Forecast
The endpoint security market size has grown strongly in recent years. It will grow from $16.32 billion in 2023 to $17.76 billion in 2024 at a compound annual growth rate (CAGR) of 8.9%. The growth in the historic period can be attributed to rise in cyber threats, digital transformation, compliance requirements, remote work trends, advanced persistent threats.
The endpoint security market size is expected to see rapid growth in the next few years. It will grow to $26.14 billion in 2028 at a compound annual growth rate (CAGR) of 10.1%. The growth in the forecast period can be attributed to zero trust security models, cloud-based endpoint security, iot security concerns, integrated security platforms. Major trends in the forecast period include increased remote work, sophistication of cyber threats, zero trust security model adoption, integration of artificial intelligence and machine learning, endpoint detection and response (edr) evolution.
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Segmentation & Regional Insights
The endpoint security market covered in this report is segmented –
1) By Component: Software, Services
2) By Deployment: On-Premise, Cloud
3) By Enterprise Size: Large Enterprises, Small and Medium Enterprises
4) By Vertical: Banking, Financial Services and Insurance (BFSI), Telecommunications and IT, Government and Defense, Healthcare and Life Sciences, Manufacturing, Retail and eCommerce, Other Vertical
North America will be the largest region in the end-point security market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the endpoint security market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The increasing number of end-points is expected to propel the growth of the end-point security market going forward. An endpoint is a distant computing device that interacts with a network it is linked to on a regular basis. Smartphones, desktop computers, and laptops are some examples of endpoints. Endpoint security is a technique used to stop cybercriminals and campaigns from using endpoints or entry points of end-user devices, such as PCs, laptops, and mobile devices, for malicious purposes. For instance, in October 2021, according to The Economic Times, an Indian business newspaper, India had the highest mobile data consumption rate at 12 gigabytes or GB per user a month in the world, and the country is adding 25 million new smartphone users every quarter. Therefore, the increasing number of end-points is driving the end-point security market growth.
Key Industry Players
Major companies operating in the endpoint security market report are VMware Inc., McAfee Corp., Sophos Group plc, Palo Alto Networks Inc., Panda Security S. L., FireEye Inc., Microsoft Corporation, CrowdStrike Holdings Inc., Trend Micro Incorporated, Kaspersky Lab AO, Cisco Systems Inc., SentinelOne Inc., Juniper Networks Inc., AVG Technologies CZ s. r. o., BlackBerry Limited, Check Point Software Technologies Ltd., Broadcom Inc., Comodo Security Solutions Inc., Symantec Corporation, Carbon Black Inc., F-Secure Corporation, Bitdefender SRL, Webroot Inc., Malwarebytes Corporation, Cylance Inc., Fortinet Inc., SonicWall Inc., Barracuda Networks Inc., WatchGuard Technologies Inc., Proofpoint Inc., Zscaler Inc., Forcepoint LLC, Ivanti Inc.
The endpoint security market report table of contents includes:
1. Executive Summary
2. Endpoint Security Market Characteristics
3. Endpoint Security Market Trends And Strategies
4. Endpoint Security Market – Macro Economic Scenario
5. Global Endpoint Security Market Size and Growth
….
31. Global Endpoint Security Market Competitive Benchmarking
32. Global Endpoint Security Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Endpoint Security Market
34. Endpoint Security Market Future Outlook and Potential Analysis
35. Appendix
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