Endpoint Security Market is valued at USD 11.91 Billion in 2018 and is expected to reach USD 21.18 Billion by 2025 with a CAGR of 8.79% over the forecast period.
The growing use of the internet, increasing incidences of cyber-attacks & data breaches, recent advancements in IoT security coupled with the rising demand for cloud applications and data protection are the major factors increasing the growth of the Endpoint Security market.
Endpoint security refers to securing endpoints or end-user devices like desktops, laptops, and smartphones. Endpoint security solutions frequently use a client-server model of protection and deploy a centrally managed security solutions. Some solutions are dependent on SaaS model, by which both central and endpoint security solutions are handled remotely.
Endpoint security creates a great approach to protect individual devices and this security approach makes endpoints more heavily dependent for security than anti-virus software. Endpoint security is a combination of security system that includes security software which can be centrally managed and accessible within the network. Endpoint security is an important IT security function and concern due to more employees bring mobile devices to work and many companies allow its employees to use these devices on the corporate network.
Endpoint Security Market is segmented on the basis of solutions, services, and deployment, industry vertical and by region. Based upon solutions, endpoint security market is segmented into anti-virus, anti-spyware/anti-malware, firewall, endpoint device control, intrusion prevention, endpoint application control and others. On the basis of service, the market is segmented into managed services, consulting, training and support. Based upon deployment, endpoint security market is classified cloud and on-premises. Based upon industry verticals, endpoint security market is segmented into government & defense, banking, financial services, and insurance (BFSI), it and telecom, healthcare, retail, transportation, energy and utilities, manufacturing, education and others.
The regions covered in this endpoint security market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of endpoint security market is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
The growing use of the internet, increasing incidences of cyber-attacks & data breaches, recent advancements in IoT security coupled with the rising demand for cloud applications and data protection are some major factors fuelling the growth of the global endpoint security market. Many enterprises and leading IT companies are focusing on making data only accessible to authorized individuals; in addition, threats are increasingly targeting mobile device access and networks that create multiple endpoint vulnerabilities.
According to Dell, around 95% of successful attacks created at the endpoint due to the fact that it is easier to attack an employee than exploit an organization's network. Furthermore, surge in number of BYOD (bring your own device) programs is another key factor leading to increased demand for this market. However, regulatory compliance for endpoint machine must have an approved anti-virus application may restrain the growth of endpoint security market. The emergence of next-generation endpoint technology such as artificial intelligence (AI) is gaining attention from both organizations and assurance programs to stay away from conventional antivirus software and this will bring lucrative opportunities for this market in near future.
North America held the largest market for endpoint security and is expected to dominate the market throughout the forecast period due to the high penetration of endpoint security to tackle the challenges regarding increasing cases of cyber-attacks and intensified data security. For example; the number of U.S. data breaches from hacking incidents reached about 227 in 2014 and 295 in 2015, which is up 30%. Europe is the second leading region in the endpoint security market owing to European guidelines is strengthening data protection laws for both enterprises and people in Europe, companies expand their security budgets and increase investments in advanced endpoint solutions. According to endpoint security market size Gartner's data, it is estimated that the combined European and US enterprise endpoint platform market to grow at a CAGR of around 5.2% from 2016 to 2020.
|Historical data||2015 - 2020|
|Forecast Period||2021 - 2027|
|Market Size in 2018:||USD 11.91 Billion|
|Base year considered||2018|
|Forecast Period CAGR %:||
|Market Size Expected in 2025:||USD 21.18 Billion|
|Tables, Charts & Figures:||175|
|Endpoint Security Companies||Carbon Black Inc., McAfee LLC, Symantec Corporation, Sophos Group PLC, Bitdefender LLC, Cylance Inc., Trend Micro Inc., FireEye Inc., Kaspersky Lab Inc., Cisco Systems Inc., Avast Software SRO, Palo Alto Networks Inc., SentinelOne Inc., Panda Security SL, Fortinet Inc., CrowdStrike Inc., Microsoft Corporation, RSA Security LLC, ESET LLC, and others|
|Segments Covered||By Solutions, By Services, By Deployment, By Industry Vertical|
|Regional Analysis||North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa|
Middle East and Africa