Global Endpoint Security Market Size to reach $7.5bn by 2024

Endpoint Security Market size is set to reach USD 7.5 billion by 2024; according to a new research report by Global Market Insights, Inc.

The demand for endpoint security market is expected to accelerate over the forecast timeline as corporate networks are becoming more complicated due to the addition of new devices such as tablets and smartphones and networking devices including switches and routers. The addition of these devices has resulted in the rise in network vulnerabilities, enabling attacks across multiple users. To effectively deal with the threat landscape, enterprises are deploying endpoint security solutions to improve risk management and threat response postures. The introduction of new networking technologies, such as cloud computing, has heightened the risk of cyberattacks. The increasing complexity and diversity of these attacks require firms to focus on building a resilient network and implementing network monitoring & management solutions to reduce the likelihood of large-scale data thefts. This will fuel the market demand.


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The service segment is expected to witness the fastest growth rate from 2017 to 2024 due to an increase in the demand for services, such as managed services, and maintenance & updates to ensure protection from constantly evolving threats. Service providers offer periodic maintenance & updates to endpoint protection systems deployed in corporate networks to reinforce them against the newly developed malware types. Customers who rely on their IT infrastructure for functioning and the delivery of mission-critical processes can largely benefit from such maintenance services to ensure a regular upkeep of their IT security infrastructure. This will result in the demand for maintenance and update services over the forecast timeline.

Endpoint Security Market

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The cloud segment is expected to exhibit excellent growth over the forecast timeline due to the excellent scalability and flexibility offered by the cloud-based endpoint security solutions. The cloud endpoint solutions enable remote incident responders to access the right information immediately. This is expected to drive the adoption of cloud-enabled endpoint security market. The companies operating in the market, such as Fortinet, Cisco, and CrowdStrike, are introducing cybersecurity solutions based on cloud platforms to ensure high levels of endpoint security.

Browse key industry insights spread across  300 pages with 1032 market data tables & 14 figures & charts from the report, “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), Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2017 - 2024” in detail along with the table of contents:

The healthcare sector will also witness a robust growth rate from 2017 to 2024 due to the rising adoption of IoT and cloud technology to meet networking demands such as high flexibility and reduced latency. However, this has also exposed healthcare networks to various vulnerabilities. The ability to maintain a massive amount of data on on-premise networks has posed challenges for healthcare institutions. As the Electronic Health Records (EHS) need to be shared between different doctors and facilities, it becomes critical that the information is easily accessible and more secure. This has increased the usage of endpoint security solutions to protect sensitive information and maintain continuous compliance.

The Latin America endpoint security market is expected to grow at a CAGR of over 5% from 2017 to 2024 due to the rising smartphone penetration triggered by huge investments in the broadband infrastructure. The high adoption of connected devices in various industry verticals has raised concerns regarding the protection of sensitive information from attackers. Cyberattacks have compelled government agencies and IT enterprises to take initiatives for preventing further attacks and establishing more robust policies for securing the networking infrastructure. For instance, in April 2017, the Argentine government partnered with the U.S. government to increase their cooperation in the areas of cybersecurity, international security in cyberspace, and law enforcement responses to cybercrime.

The companies operating in the market are involved in new product developments and partnerships to offer advanced endpoint protection capabilities to their customers. For instance, in February 2017, Cisco and Ericsson extended their relationship to deliver a new NFV and cloud-based security services to service providers. It enabled enterprises to detect, protect, and respond faster to cyberattacks. The key players operating in the endpoint protection market are Ahnlab, Cisco, Sophos, F-Secure, Bitdefender, McAfee, ESET Microsoft, IBM, Webroot, Symantec, Kaspersky Lab, VIPRE, Comodo, Trend Micro, and Panda Security.

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The endpoint security market research report includes in-depth coverage of the industry, with estimates & forecast in terms of revenue in USD million from 2013 to 2024, for the following segments:

By Component

  • Software
    • Firewall
    • Intrusion prevention
    • Antivirus/antimalware
    • Endpoint application control
    • Encryption technologies
    • Mobile device security
    • Fleet management
  • Service
    • Training and consulting
    • Maintenance and updates
    • Managed service

By Deployment Model

  • On-premise
  • Cloud

By Application

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

The above information has been provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Netherlands
  • APAC
    • China
    • Japan
    • ANZ
    • South Korea
    • India
    • Singapore
    • Malaysia
    • Philippines
    • Brazil
    • Mexico
    • Argentina
    • Israel
    • GCC
    • South Africa

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