The increase in the need to secure IT infrastructure is expected to boost the adoption of endpoint security solutions
The global endpoint security market size is anticipated to reach nearly USD 18 billion by 2025. In addition, it is expected to exhibit a CAGR of over 8% during the forecast period 2020-2025. Endpoint security is also known as endpoint protection which is a method to protect computer networks, servers, and infrastructures that are remotely connected to the client devices. Moreover, the connection of mobile phones, tablets, laptops, and other wireless devices create routes for security threats. Therefore, creating the need for endpoint protection solutions and services.
The existing and future endpoint security market developments are outlined to determine the attractiveness of the market. Key impacting factors highlight the increasing demand for cost-effective endpoint security solutions. In addition, the growing BYOD trend in various enterprises is also one of the major reasons driving endpoint security market growth. Moreover, growing endpoint breaches and attacks are also driving the adoption of endpoint security solutions among the various organizations and industries. However, the publicly available pirated and free endpoint security solutions are expected to hamper the market growth. Furthermore, the growing demand for integrated endpoint security software and infrastructure is expected to be opportunities for the market in the forthcoming years.
The report also highlights various characteristics of the global endpoint security industry by valuing the market through value chain analysis. In addition, the report comprises several qualitative features of the endpoint security industry that covers market drivers, restraints, as well as key industry opportunities. Additionally, the report offers a comprehensive valuation of the market rivalry along with company profiling of local as well as global vendors.
The endpoint security market has the rigorous competition between the pre-established and new emerging market players. Also, the endpoint security industry players are aiming at potential markets to seize a competitive lead over the other industry players by forming acquiring new startups & other companies, agreements, forming collaboration and partnerships, mergers & acquisitions, and expanding their business presence.
Based on the component segment, the market is divided into solutions and services. The solutions segment is further sub-segmented into, firewall, intrusion prevention, antivirus, endpoint application control, endpoint device control, and others. Also, the solutions segment is further divided into professional services and managed services. In 2019, the solution segment gathered the highest market revenue and it is projected to remain dominant throughout the forecast period. The dominance of this segment is primarily attributed to the growing need to detect and resolve increasing security threats. However, the services segment is projected to attain the highest growth during the forecast period.
The North American region is anticipated to gather the highest market share during the forecast period. However, the Asia-Pacific region is anticipated to experience significant growth during the forecast period 2020-2025. The market growth in this region is mainly attributed to the stringent government regulations and significant investments made by countries such as Australia, China, India, Malaysia, and others to defend against cyber-threats.
The major players of the global endpoint security market are Symantec, Microsoft, Sophos, Kaspersky, CrowdStrike, TrendMicro, Cisco, FireEye, Palo Alto Networks, and Bitdefender. Moreover, the other potential players in the endpoint security market are Cylance, Fortinet, Panda Security, SentinelOne, and Check Point Software. The recognized companies are coming up with innovative and new endpoint security Solution solutions. For instance, in August 2019, FireEye launched two new endpoints and network security software solutions respectively named FireEye Endpoint Security 4.8 and FireEye Network Security 8.3. This software enables enhanced investigation and detection of advanced attacks on servers.
Segment Overview of the Global Endpoint Security market
Component Overview, 2018-2025 (USD Billion)
- Solution
- Firewall
- Intrusion Prevention
- Antivirus
- Endpoint Application Control
- Endpoint Device Control
- Others
- Services
- Managed Services
- Professional Services
Enforcement Point Overview, 2018-2025 (USD Billion)
- Mobile Devices
- Point of Sale Terminals
- Workstations
- Servers
- Others
Industry Vertical Overview, 2018-2025 (USD Billion)
- BFSI
- Retail
- Manufacturing
- Healthcare
- IT & Telecom
- Others
Regional Overview, 2018-2025 (USD Billion)
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
- Middle East and Africa
- UAE
- South Africa
- Rest of Middle East and Africa
- South America
- Brazil
- Rest of South America