Home > Sustainable & Smart Technologies > Endpoint Security Market

Endpoint Security Market Size By Component (Software [Firewall, Intrusion Prevention, Anti-virus/ Anti-Malware, Endpoint Application Control, Encryption Technologies, Mobile Device Security] Service [Training and Consulting Service, Maintenance and Updates Managed Service]), By Deployment Model (On-premise, Cloud), By Application (BFSI, Telecom & IT, Retail, Healthcare, Government and Public Sector, Education, Transportation), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 - 2026

  • Report ID: GMI1620
  • Published Date: Jul 2020
  • Report Format: PDF

Industry Trends

Endpoint Security Market size exceeded USD 8 billion in 2019 and is estimated to grow at over 9% CAGR from 2020 to 2026. Growing demand to prioritize IT security of organizations is fueling the industry growth.
 

Get more details on this report - Request Free Sample PDF
 

Enterprises are focusing on implementing risk management policies that involve establishing a risk management framework, assigning responsibility for managing the risk, effective communication & consultation related to the risk, and maintaining & upgrading risk management capabilities. The growing BYOD trend on account of recent COVID-19 outbreak is supporting the demand for endpoint security solutions across organizations.
 

Software segment to dominate the U.S. industry

The software segment in the U.S. held more than 80% of the endpoint security market in 2019 due to rising demand for large scale installation to secure networks from breaches by malicious files and applications. These solutions are centrally deployed and managed to offer easily scalable protection of enterprise-wide endpoints. These solutions ensure optimal security against evolving malware types and viruses, threatening the security and integrity of critical data.
 

The mobile device security software segment in the U.S. is poised to witness growth rate of around 5% through 2026. With growing popularity of the BYOD trend among organizations, the attack surface for hackers has significantly increased in terms of mobile devices used in corporate networks. With an increasing number of mobile devices being used in corporate networks, enterprises are focusing on developing effective mobile endpoint protection strategies that strike a balance between effective information security and an excellent user experience.
 

On-premise is the most adopted deployment model across the UK

On-premise deployment model dominated the UK endpoint security market in 2019, with a revenue share of nearly 70%. Enterprises prefer to establish their IT security infrastructures on their premises to ensure safety and reliability, and the on-premise deployment is the most preferred one for implementing endpoint security solutions. However, with the rapidly increasing popularity of cloud computing technology, which offers high flexibility and scalability to deploy endpoint security solutions over cloud networks, the market for cloud-based deployment model is expected to exhibit the fastest growth.
 

Growing Adoption in China BFSI sector

Get more details on this report - Request Free Sample PDF
 

BFSI application segment is anticipated to exhibit growth of over 15% through 2026 impelled by rising demand to protect data across financial institutions, leading to high acceptance of endpoint security solutions by organizations. Owing to stringent government regulations for ensuring maximum security and confidentiality of financial data, companies are adopting and maintaining sophisticated endpoint protection solutions in their IT infrastructures. The exponential growth of fintech platforms coupled with increasing attacks targeted toward financial databases is facilitating the growing usage of strong cyber security initiatives by government institutions.
 

Increasing data breach incidents in North America

Get more details on this report - Request Free Sample PDF
 

North America is predicted to dominate the endpoint security market share through 2026 led by widespread adoption of these solutions in public and private sectors in the U.S. to mitigate the risks arising from frequent cyber theft attacks. The increasing incidences of data breaches and cybersecurity attacks in the U.S. are promoting the usage of endpoint security solutions among enterprises. Data breaches have gained more attention due to impacts of digitization on financial, healthcare, SMEs, and other industries. Moreover, growing deployment of IoT devices in the region is also propelling the demand for endpoint security solutions.
 

Innovative product development is key market strategy

The industry leaders are emphasizing on introducing advanced endpoint security solutions to support changing security demands for modern enterprises. For instance, in March 2020, FireEye introduced innovative architecture for its endpoint security solutions to enable enterprises to deploy advanced IT security features. This initiative helped the company to strengthen its position with fully customizable security solutions.
 

Some of the key players operating in the endpoint security market are AhnLab, Inc., Avira Operations GmbH & Co. KG., Bitdefender, Carbon Black, Inc., Check Point Software Technologies Ltd., Cisco Systems, Inc., Comodo Group, Inc., Cylance Inc., ESET, spol. s.r.o., FireEye Inc., Fortinet, Inc., F-Secure, IBM Corporation, McAfee, Inc., Kaspersky Lab., Microsoft Corporation, Panda security, Sophos Ltd., Symantec Corp., Trend Micro Inc., VIPRE Security, and Webroot Inc.
 

The market research report on endpoint security includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2015 to 2026 for the following segments:

Market, By Component

  • Solution
    • Firewall
    • Intrusion Prevention
    • Anti-Virus/ Anti-Malware
    • Endpoint Application Control
    • Encryption Technologies
    • Mobile Device Security
    • Others
  • Service
    • Training and Consulting Services
    • Maintenance and Updates
    • Managed Services

Market, By Deployment Model

  • On-premise
  • Cloud

Market, By Application

  • BFSI
  • Telecom & IT
  • Retail
  • Healthcare
  • Government and Public Sector
  • Education
  • Transpiration
  • Others

 

Authors: Preeti Wadhwani, Smriti Loomba

Frequently Asked Questions (FAQ) :

The market size of endpoint security crossed USD 15 billion by 2026, growing at around 9% CAGR.
According to the analysts at GMI, the mobile device security software segment in the U.S. is poised to witness 5% growth rate through 2026.
The U.S. endpoint security software segment held over 80% of the market share in 2019.
Some of the key industry players are AhnLab, Inc., Avira Operations GmbH & Co. KG., Bitdefender, Carbon Black, Inc., Check Point Software Technologies Ltd., Cisco Systems, Inc., Comodo Group, Inc., Cylance Inc., ESET, spol. s.r.o., FireEye Inc., Fortinet, Inc., F-Secure, IBM Corporation, McAfee, Inc., Kaspersky Lab., Microsoft Corporation, Panda security, Sophos Ltd., Symantec Corp., Trend Micro Inc., VIPRE Security, and Webroot Inc.
North America is predicted to dominate the market share during 2020-2026 led by widespread adoption of endpoint security solutions in public and private sectors in the U.S. to mitigate the risks arising from frequent cyber theft attacks.

Buy Now

Immediate Delivery Available

Premium Report Details

  • Base Year: 2019
  • Companies covered: 22
  • Tables & Figures: 784
  • Countries covered: 22
  • Pages: 450
  • Upcoming Report: Details can be customized to meet your information and data needs. Feel free to share your detailed research requirements via this form.

Get a report that explains COVID-19 impact on this market

 Request Free Sample

Budget constraints? Get in touch with us for special pricing

Request Discount