The endpoint security global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Endpoint Security Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The endpoint security market size has grown strongly in recent years. It will grow from $16.32 billion in 2023 to $17.76 billion in 2024 at a compound annual growth rate (CAGR) of 8.9%. The growth in the historic period can be attributed to rise in cyber threats, digital transformation, compliance requirements, remote work trends, advanced persistent threats.
The endpoint security market size is expected to see rapid growth in the next few years. It will grow to $26.14 billion in 2028 at a compound annual growth rate (CAGR) of 10.1%. The growth in the forecast period can be attributed to zero trust security models, cloud-based endpoint security, iot security concerns, integrated security platforms. Major trends in the forecast period include increased remote work, sophistication of cyber threats, zero trust security model adoption, integration of artificial intelligence and machine learning, endpoint detection and response (edr) evolution.
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Scope Of Endpoint Security Market
The Business Research Company’s reports encompass a wide range of information, including:
- Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
- Drivers: Examination of the key factors propelling market growth.
- Trends: Identification of emerging trends and patterns shaping the market landscape.
- Key Segments: Breakdown of the market into its primary segments and their respective performance.
- Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
- Macro Economic Factors: Assessment of broader economic elements impacting the market.
Market Drivers –
The increasing number of end-points is expected to propel the growth of the end-point security market going forward. An endpoint is a distant computing device that interacts with a network it is linked to on a regular basis. Smartphones, desktop computers, and laptops are some examples of endpoints. Endpoint security is a technique used to stop cybercriminals and campaigns from using endpoints or entry points of end-user devices, such as PCs, laptops, and mobile devices, for malicious purposes. For instance, in October 2021, according to The Economic Times, an Indian business newspaper, India had the highest mobile data consumption rate at 12 gigabytes or GB per user a month in the world, and the country is adding 25 million new smartphone users every quarter. Therefore, the increasing number of end-points is driving the end-point security market growth.
Market Trends –
Product innovations have emerged as the key trend gaining popularity in the 5G chipset market. The major players in the market are developing innovative products for market growth. For instance, in June 2021, Samsung Electronics, a South Korea-based electronics company, developed 3GPP Rel.16 compliant chipsets, a range of next-generation 5G chipsets that deliver cutting-edge 5G technologies. The new chipsets consist of a second-generation 5G modem System-on-Chip (SoC), a third-generation mmWave Radio Frequency Integrated Circuit (RFIC) chip, and a Digital Front End (DFE)-RFIC integrated chip. These are designed to increase power efficiency, boost performance, and reduce the size of 5G solutions.
The endpoint security market covered in this report is segmented –
1) By Component: Software, Services
2) By Deployment: On-Premise, Cloud
3) By Enterprise Size: Large Enterprises, Small and Medium Enterprises
4) By Vertical: Banking, Financial Services and Insurance (BFSI), Telecommunications and IT, Government and Defense, Healthcare and Life Sciences, Manufacturing, Retail and eCommerce, Other Vertical
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Regional Insights –
North America will be the largest region in the end-point security market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the endpoint security market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the endpoint security market report are VMware Inc., McAfee Corp., Sophos Group plc, Palo Alto Networks Inc., Panda Security S. L., FireEye Inc., Microsoft Corporation, CrowdStrike Holdings Inc., Trend Micro Incorporated, Kaspersky Lab AO, Cisco Systems Inc., SentinelOne Inc., Juniper Networks Inc., AVG Technologies CZ s. r. o., BlackBerry Limited, Check Point Software Technologies Ltd., Broadcom Inc., Comodo Security Solutions Inc., Symantec Corporation, Carbon Black Inc., F-Secure Corporation, Bitdefender SRL, Webroot Inc., Malwarebytes Corporation, Cylance Inc., Fortinet Inc., SonicWall Inc., Barracuda Networks Inc., WatchGuard Technologies Inc., Proofpoint Inc., Zscaler Inc., Forcepoint LLC, Ivanti Inc.
Table of Contents
- Executive Summary
- Endpoint Security Market Characteristics
- Endpoint Security Market Trends And Strategies
- Endpoint Security Market – Macro Economic Scenario
- Global Endpoint Security Market Size and Growth
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- Key Mergers And Acquisitions In The Endpoint Security Market
- Endpoint Security Market Future Outlook and Potential Analysis
- Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Endpoint Security Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Endpoint Security Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Endpoint Security Market, Segmentation By Enterprises Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
……….
Table 75: VMware Inc. Financial Performance
Table 76: McAfee Corp. Financial Performance
Table 77: Sophos Group plc Financial Performance
Table 78: Palo Alto Networks Inc. Financial Performance
Table 79: Panda Security S.L Financial Performance
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