Global Endpoint Security Market – Industry Trends and Forecast to 2031

Endpoint Security Market Analysis and Size

The increasing adoption of cloud-based services and applications by enterprises and individuals. Cloud computing offers various benefits such as scalability, flexibility, cost-efficiency, and accessibility, but also poses security challenges such as data breaches, cyberattacks, and unauthorized access. Therefore, end-point security solutions are essential to protect the data and devices that access the cloud from malicious threats.

Data Bridge Market Research analyzes that the global endpoint security market, which was USD 17,020.00 million in 2023, is expected to reach USD 30,725.84 by 2031 and is expected to undergo a CAGR of 7.9% during the forecast period 2023-2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Endpoint Security Market Scope and Segmentation

Market Definition

Endpoint security plays a crucial step in securing endpoint devices such as laptops, desktops and mobile devices among others, which act as point of access to any structured network. Endpoint security technologies are equipped with several benefits such as protection for vulnerable services, provide network security for cloud security, internet, and enhanced data privacy and policy enforcement. Endpoint security has gained a huge importance over the past years and has become a common part of individuals’ life those are associated with a smartphone or computer and smart devices.

Global Endpoint Security Market Dynamics

Drivers

• The increasing adoption of cloud-based services

The increasing adoption of cloud-based services and applications by enterprises and individuals. Cloud computing offers various benefits such as scalability, flexibility, cost-efficiency, and accessibility, but also poses security challenges such as data breaches, cyberattacks, and unauthorized access. Therefore, end point security solutions are essential to protect the data and devices that access the cloud from malicious threats.

• The growing demand for mobile device management (MDM)

The growing demand for mobile device management (MDM) and bring your own device (BYOD) policies in organizations. MDM and BYOD enable employees to use their personal devices such as smartphones, tablets, and laptops for work purposes, which enhances productivity, convenience, and employee satisfaction. However, these devices also increase the risk of data leakage, malware infection, and device theft or loss. Hence, end point security solutions are required to secure the devices and the data stored on them from unauthorized or malicious use.

Opportunity

• Emergence of advanced technologies such as artificial intelligence (AI), machine learning (ML), and block chain

The emergence of advanced technologies such as artificial intelligence (AI), machine learning (ML), and block chain in end point security solutions. These technologies can help to enhance the detection, prevention, and response capabilities of end point security solutions by analyzing large volumes of data, identifying patterns and anomalies, and providing real-time alerts and recommendations. Moreover, these technologies can also help to reduce the operational costs and complexity of end point security solutions by automating tasks and processes.

Challenge/Restraint

• Lack of awareness and skills among end users

The lack of awareness and skills among end users and organizations regarding end point security solutions. Many end users and organizations are unaware of the importance and benefits of end point security solutions or lack the technical knowledge and expertise to implement and manage them effectively. This can result in low adoption rates, improper usage, or configuration errors that can compromise the security of the end points. Therefore, there is a need for more education and training programs to increase the awareness and skills of end users and organizations regarding end point security solutions.

Global Endpoint Security Market Scope

The endpoint security market is segmented on the basis of solutions, services, deployment modes, organization size, and verticals. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Solutions

• Endpoint Protection Platform (EPP)
• Endpoint Detection and Response (EDR)

Services

• Professional Services
• Managed Services

Deployment Mode

• On-premises
• Cloud

Organization Size

• Large Enterprises
• Small and Medium-Sized Enterprises (SMEs)

Vertical

• Banking, Financial Services and Insurance (BFSI)
• Telecommunications and IT
• Government and Defense
• Healthcare and Life Sciences
• Manufacturing
• Retail and ecommerce
• Others

Global Endpoint Security Market Region Analysis/Insights

The endpoint security market is analyzed and market size insights and trends are provided by country, solutions, services, deployment modes, organization size, and verticals as referenced above.

The countries covered in the market report are the U.S., Canada, Mexico, Brazil, Argentina, rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa.

North America is expected to dominate and the fastest growing region in the market due to the increasing adoption of cloud-based services and applications by enterprises and individuals. Cloud computing offers various benefits such as scalability, flexibility, cost-efficiency, and accessibility, but also poses security challenges such as data breaches, cyberattacks, and unauthorized access.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data

Competitive Landscape and Global Endpoint Security Market Share Analysis

The endpoint security market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the endpoint security market.

Some of the major players operating in the endpoint security market are:

• Microsoft (U.S.)
• CrowdStrike (U.S.)
• Symantec (U.S.)
• TrendMicro (Japan)
• Sophos (U.K.)
• McAfee (U.S.)
• Kaspersky (Russia)
• Carbon Black (U.S.)
• SentinelOne (U.S.)
• ESET (Slovakia)
• Cylance (U.S.)
• Bitdefender (Romania)
• Cisco (U.S.)
• FireEye (U.S.)
• Panda Security (Spain)
• F- Secure (Finland)
• Palo Alto Networks (U.S.)
• Check Point Software (Israel)
• Fortinet (U.S.)
• Malwarebytes (U.S.)
• Endgame (U.S.)

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