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The Endpoint Security Market size was valued at USD 17.73 billion in 2023 and is expected to grow to USD 30.76 billion by 2031 and grow at a CAGR of 7.13% over the forecast period of 2024-2031.
Endpoint security is a crucial measure in safeguarding endpoint devices, such as laptops, desktop computers, and mobile devices, which serve as gateways to any organized network. Endpoint security solutions offer a range of benefits, including shielding vulnerable services, securing networks for cloud security, and internet security, and enhancing data privacy and policy enforcement. In recent years, endpoint security has gained significant importance and has become an integral part of the lives of individuals who use smartphones, computers, and smart gadgets. Endpoint security is a critical aspect of cybersecurity that focuses on protecting endpoints, which are devices that connect to a network. These devices are often the first point of entry for cybercriminals, making them vulnerable to attacks. Endpoint security solutions provide a comprehensive approach to protecting these devices, ensuring that they are secure from any potential threats.
These services are often targeted by cybercriminals, making them vulnerable to attacks. Endpoint security solutions provide a layer of protection that shields these services from any potential threats, ensuring that they remain secure. Endpoint security solutions also play a crucial role in securing networks for cloud security, and internet security, and enhancing data privacy and policy enforcement. With the increasing use of cloud services and the internet, endpoint security has become more critical than ever. Endpoint security solutions provide a comprehensive approach to securing networks, ensuring that they are protected from any potential threats.
Drivers
Increasing Use of Bring Your Own Devices to Accelerate Growth
The growing number of connected devices will drive up demand for endpoint security solutions.
Network assaults are becoming more common across industries as a result of increased digitization and linked devices. Attackers select endpoints to get access to a company's protected network. These attackers can breach the protected company network by using laptops, cellphones, wearable devices, and other similar devices. Similarly, the increasing use of technologies like the Internet of Things, industrial control systems, and smart sensors is expected to draw endpoint threats.
Restrains
The skilled labor shortage will stymie market growth
Even while endpoint solutions protect organizations from numerous assaults, a few obstacles continue to limit market development. Many organizations are struggling to find experienced technical people to manage their security systems. As technology evolves, offering constant training to technical workers is becoming prohibitively expensive, particularly for SMEs. Employers find it difficult to hire dedicated cybersecurity workers, according to the 2018 McAfee Cybersecurity Talent Report. According to Gartner's research, the growing skills gap is also attributed to quickly emerging digital solutions. As a result, the adoption of endpoint protection solutions is likely to be hampered. To overcome such impediments, organizations must provide periodic digital skills training.
Opportunities
Endpoint security is being used by organizations to better understand
Increased adherence to rigorous laws and demands
Challenges
The high cost of innovation and budget restrictions, as well as the usage of free or pirated endpoint security solutions, stymie industry development.
The increase in the number of industry verticals adopting endpoint security products during the COVID-19 outbreak had a beneficial influence on the endpoint security market. Many businesses, particularly banking, financial services, and insurance (BFSI), as well as telecommunications and IT, were introducing endpoint security to protect customer data. Endpoint security is predicted to develop rapidly in the post-pandemic context, owing to increased knowledge of the potential benefits of endpoint security and increased usage of BYOD.
The war has led to an increase in cyber-attacks, particularly against Ukrainian businesses and government agencies. This has resulted in a greater demand for endpoint security solutions to protect against these attacks. This market refers to the protection of computer networks and devices from cyber threats such as malware, viruses, and hacking attempts. To counter evolving cyber threats, organizations may seek advanced endpoint security technologies that go beyond traditional antivirus software. These technologies may include behavioral analysis, machine learning, artificial intelligence, and threat intelligence integration. The Russia-Ukraine war could accelerate the adoption of such technologies as organizations look for more sophisticated solutions to protect their endpoints. In conflicts involving nations, critical infrastructure such as power grids, communication networks, and transportation systems become potential targets for disruption. Protecting these vital systems requires robust endpoint security measures to prevent unauthorized access and potential sabotage. The Russia-Ukraine war may lead to increased investment in endpoint security solutions specifically tailored for critical infrastructure protection.
Impact of the Recession
The recession led to a number of challenges for companies that provide endpoint security solutions. For one thing, there has been increased competition in the market as companies fight for a smaller pool of customers. Additionally, many businesses have been forced to rely on outdated or inadequate security measures, leaving them vulnerable to cyber-attacks and other threats. Despite these challenges, there are still opportunities for companies in the endpoint security market. By focusing on providing cost-effective solutions that meet the needs of businesses in a challenging economic environment, companies can differentiate themselves from their competitors and build a loyal customer base. Ultimately, the impact of the recession on the endpoint security market has been significant, but it has also created opportunities for companies that are willing to adapt and innovate. By staying ahead of the curve and providing solutions that meet the evolving needs of businesses, companies can thrive in this challenging market.
The Endpoint Security Market is segmented into five two types on the basis of By Component, By Deployment, By Solution Type, By End-user, and By Industry.
By Component
Software
Services
By Deployment
Cloud
On-Premises
By Solution Type
Endpoint Protection Platform
Endpoint Detection and Response
By End-user
Commercial
Consumer
By Industry
BFSI
IT and Telecommunications,
Retail,
Healthcare
Government & Public Sector
Transportation
Others
During the projection period, North America is predicted to have the largest market share. The region's growing usage of linked devices and the Internet of Things across a variety of industries is driving up demand for security solutions. Because of the existence of various security solution providers, the US is expected to gain traction throughout the projected period.
Similarly, Europe is expected to have considerable market growth throughout the forecast period as nations focus more on enhancing cybersecurity infrastructure.
Due to increased IT investment across businesses, Asia Pacific is expected to rise rapidly throughout the projected period. AI, the Internet of Things, linked devices, cloud services, and other technologies that require strong endpoint device protection are being widely adopted by industries. China is likely to lead the Asia Pacific market. The rapidly expanding 5G infrastructure in this country is increasing the usage of endpoint solutions. Because of increased national security concerns, the Indian government is now concentrating on data protection.
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REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
South Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of the Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The major players in the market are Broadcom, CrowdStrike, Check Point Software Technologies Ltd., BlackBerry Limited, Comodo Security Solutions, Inc., AO Kaspersky Lab, SentinelOne, Trend Micro Incorporated, McAfee, LLC, Microsoft Corporation, Cisco Systems Inc., FireEye, Inc., CurrentWare, Cybereason, Inc., Druva Inc., Fidelis Cybersecurity, Forcepoint LLC, and others in the final report.
AO - June 2020 Kaspersky Lab has released integrated endpoint security solutions for medium and large companies. The endpoint solution has been linked with a cloud management dashboard, Kaspersky Sandbox, and Kaspersky Endpoint Detection and Response Optimum. As endpoint threats become more common, the firm is providing enhanced solutions for businesses.
In January 2020, BlackBerry Limited Cylance teamed up with SafeBreach to deliver automated endpoint protection. The company's goal is to give appropriate advice to its consumers while minimizing business risks.
Report Attributes | Details |
Market Size in 2023 | US$ 17.73 Bn |
Market Size by 2031 | US$ 30.76 Bn |
CAGR | CAGR of 7.13% From 2024 to 2031 |
Base Year | 2023 |
Forecast Period | 2024-2031 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Component, (Software, Services) • By Deployment (Cloud, On-Premises) • By Solution Type (Endpoint Protection Platform, Endpoint Detection and Response) • By End-user (Commercial, Consumer) • By Industry (BFSI, IT and Telecommunications, Retail, Healthcare, Government & Public Sector, Transportation, Others) |
Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
Company Profiles | Broadcom, CrowdStrike, Check Point Software Technologies Ltd., BlackBerry Limited, Comodo Security Solutions, Inc., AO Kaspersky Lab, SentinelOne, Trend Micro Incorporated, McAfee, LLC, Microsoft Corporation, Cisco Systems Inc., FireEye, Inc., CurrentWare, Cybereason, Inc., Druva Inc., Fidelis Cybersecurity, Forcepoint LLC |
Key Drivers | • Increasing Use of Bring Your Own Devices to Accelerate Growth • The growing number of connected devices will drive up demand for endpoint security solutions. |
Market Opportunities | • Endpoint security is being used by organizations to better understand • Increased adherence to rigorous laws and demands |
Ans: The market is expected to grow to USD 28.96 billion by the forecast period of 2030.
Ans: 7.92 is the CAGR of the Endpoint Security Market.
Ans. The major players in the market are Broadcom, CrowdStrike, Check Point Software Technologies Ltd., Comodo Security Solutions, Inc., AO Kaspersky Lab, SentinelOne, Trend Micro Incorporated, McAfee, LLC, Microsoft Corporation, Cisco Systems Inc., FireEye, Inc., CurrentWare, Cybereason, Inc., Druva Inc., Fidelis Cybersecurity, Forcepoint LLC, and others in final report.
Ans: USD 15.74 billion in 2022 is the market share of the Endpoint Security Market.
Ans. The forecast period for the Endpoint Security Market is 2023-2030.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.3 Impact of Ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Endpoint Security Market Segmentation, By Component
8.1 software
8.2 Services
9. Endpoint Security Market Segmentation, By Deployment
9.1 Cloud
9.2 On-Premises
10. Endpoint Security Market Segmentation, By Solution Type
10.1 Endpoint Protection Platform
10.2 Endpoint Detection and Response
11. Endpoint Security Market Segmentation, By End-user
11.1 Commercial
11.2 Consumer
12. Endpoint Security Market Segmentation, By Industry
12.1 BFSI
12.2 IT and Telecommunications,
12.3 Retail,
12.4 Healthcare
12.5 Government & Public Sector
12.6 Transportation
12.7 Others
13. Regional Analysis
13.1 Introduction
13.2 North America
13.2.1 North America Endpoint Security Market By Country
13.2.2North America Endpoint Security Market By Component
13.2.3 North America Endpoint Security Market By Deployment
13.2.4 North America Endpoint Security Market By Solution Type
13.2.5 North America Endpoint Security Market By End-user
13.2.6 North America Endpoint Security Market By Industry
13.2.7 USA
13.2.7.1 USA Endpoint Security Market By Component
13.2.7.2 USA Endpoint Security Market By Deployment
13.2.7.3 USA Endpoint Security Market By Solution Type
13.2.7.4 USA Endpoint Security Market By End-user
13.2.7.5 USA Endpoint Security Market By Industry
13.2.8 Canada
13.2.8.1 Canada Endpoint Security Market By Component
13.2.8.2 Canada Endpoint Security Market By Deployment
13.2.8.3 Canada Endpoint Security Market By Solution Type
13.2.8.4 Canada Endpoint Security Market By End-user
13.2.8.5 Canada Endpoint Security Market By Industry
13.2.9 Mexico
13.2.9.1 Mexico Endpoint Security Market By Component
13.2.9.2 Mexico Endpoint Security Market By Deployment
13.2.9.3 Mexico Endpoint Security Market By Solution Type
13.2.9.4 Mexico Endpoint Security Market By End-user
13.2.9.5 Mexico Endpoint Security Market By Industry
13.3 Europe
13.3.1 Europe Endpoint Security Market By country
13.3.2 Europe Endpoint Security Market By Component
13.3.3 Europe Endpoint Security Market By Deployment
13.3.4 Europe Endpoint Security Market By Solution Type
13.3.5 Europe Endpoint Security Market By End-user
13.3.6 Europe Endpoint Security Market By Industry
13.3.7 Germany
13.3.7.1 Germany Endpoint Security Market By Component
13.3.7.2 Germany Endpoint Security Market By Deployment
13.3.7.3 Germany Endpoint Security Market By Solution Type
13.3.7.4 Germany Endpoint Security Market By End-user
13.3.7.5 Germany Endpoint Security Market By Industry
13.3.8 UK
13.3.8.1 UK Endpoint Security Market By Component
13.3.8.2 UK Endpoint Security Market By Deployment
13.3.8.3 UK Endpoint Security Market By Solution Type
13.3.8.4 UK Endpoint Security Market By End-user
13.3.8.5 UK Endpoint Security Market By Industry
13.3.9 France
13.3.9.1 France Endpoint Security Market By Component
13.3.9.2 France Endpoint Security Market By Deployment
13.3.9.3 France Endpoint Security Market By Solution Type
13.3.9.4 France Endpoint Security Market By End-user
13.3.9.5 France Endpoint Security Market By Industry
13.3.10 Italy
13.3.10.1 Italy Endpoint Security Market By Component
13.3.10.2 Italy Endpoint Security Market By Deployment
13.3.10.3 Italy Endpoint Security Market By Solution Type
13.3.10.4 Italy Endpoint Security Market By End-user
13.3.10.5 Italy Endpoint Security Market By Industry
13.3.11 Spain
13.3.11.1 Spain Endpoint Security Market By Component
13.3.11.2 Spain Endpoint Security Market By Deployment
13.3.11.3 Spain Endpoint Security Market By Solution Type
13.3.11.4 Spain Endpoint Security Market By End-user
13.3.11.5 Spain Endpoint Security Market By Industry
13.3.12 The Netherlands
13.3.12.1 Netherlands Endpoint Security Market By Component
13.3.12.2 Netherlands Endpoint Security Market By Deployment
13.3.12.3 Netherlands Endpoint Security Market By Solution Type
13.3.12.4 Netherlands Endpoint Security Market By End-user
13.3.12.5 Netherlands Endpoint Security Market By Industry
13.3.13 Rest of Europe
13.3.13.1 Rest of Europe Endpoint Security Market By Component
13.3.13.2 Rest of Europe Endpoint Security Market By Deployment
13.3.13.3 Rest of Europe Endpoint Security Market By Solution Type
13.3.13.4 Rest of Europe Endpoint Security Market By End-user
13.3.13.5 Rest of Europe Endpoint Security Market By Industry
13.4 Asia-Pacific
13.4.1 Asia Pacific Endpoint Security Market By country
13.4.2 Asia Pacific Endpoint Security Market By Component
13.4.3 Asia Pacific Endpoint Security Market By Deployment
13.4.4Asia Pacific Endpoint Security Market By Solution Type
13.4.5Asia Pacific Endpoint Security Market By End-user
13.4.6 Asia Pacific Endpoint Security Market By Industry
13.4.7 Japan
13.4.7.1 Japan Endpoint Security Market By Component
13.4.7.2 Japan Endpoint Security Market By Deployment
13.4.7.3 Japan Endpoint Security Market By Solution Type
13.4.7.4 Japan Endpoint Security Market By End-user
13.4.7. 5Japan Endpoint Security Market By Industry
13.4.8 South Korea
13.4.8.1 South Korea Endpoint Security Market By Component
13.4.8.2 South Korea Endpoint Security Market By Deployment
13.4.8.3 South Korea Endpoint Security Market By Solution Type
13.4.8.4 South Korea Endpoint Security Market By End-user
13.4.8.5 South Korea Endpoint Security Market By Industry
13.4.9 China
13.4.9.1 China Endpoint Security Market By Component
13.4.9.2 China Endpoint Security Market By Deployment
13.4.9.3 China Endpoint Security Market By Solution Type
13.4.9.4 China Endpoint Security Market By End-user
13.4.9.5 China Endpoint Security Market By Industry
13.4.10 India
13.4.10.1 India Endpoint Security Market By Component
13.4.10.2 India Endpoint Security Market By Deployment
13.4.10.3 India Endpoint Security Market By Solution Type
13.4.10.4 India Endpoint Security Market By End-user
13.4.10.5 India Endpoint Security Market By Industry
13.4.11 Australia
13.4.11.1 Australia Endpoint Security Market By Component
13.4.11.2 Australia Endpoint Security Market By Deployment
13.4.11.3 Australia Endpoint Security Market By Solution Type
13.4.11.4 Australia Endpoint Security Market By End-user
13.4.11.5 Australia Endpoint Security Market By Industry
13.4.12 Rest of Asia-Pacific
13.4.12.1 APAC Endpoint Security Market By Component
13.4.12.2 APAC Endpoint Security Market By Deployment
13.4.12.3 APAC Endpoint Security Market By Solution Type
13.4.12.4 APAC Endpoint Security Market By End-user
13.4.12.5 APAC Endpoint Security Market By Industry
13.5 The Middle East & Africa
13.5.1 The Middle East & Africa Endpoint Security Market By country
13.5.2 The Middle East & Africa Endpoint Security Market By Component
13.5.3 The Middle East & Africa Endpoint Security Market By Deployment
13.5.4 The Middle East & Africa Endpoint Security Market By Solution Type
13.5.5 The Middle East & Africa Endpoint Security Market By End-user
13.5.6 The Middle East & Africa Endpoint Security Market By Industry
13.5.7 Israel
13.5.7.1 Israel Endpoint Security Market By Component
13.5.7.2 Israel Endpoint Security Market By Deployment
13.5.7.3 Israel Endpoint Security Market By Solution Type
13.5.7.4 Israel Endpoint Security Market By End-user
13.5.7.5 Israel Endpoint Security Market By Industry
13.5.8 UAE
13.5.8.1 UAE Endpoint Security Market By Component
13.5.8.2 UAE Endpoint Security Market By Deployment
13.5.8.3 UAE Endpoint Security Market By Solution Type
13.5.8.4 UAE Endpoint Security Market By End-user
13.5.8.5 UAE Endpoint Security Market By Industry
13.5.9South Africa
13.5.9.1 South Africa Endpoint Security Market By Component
13.5.9.2 South Africa Endpoint Security Market By Deployment
13.5.9.3 South Africa Endpoint Security Market By Solution Type
13.5.9.4 South Africa Endpoint Security Market By End-user
13.5.9.5 South Africa Endpoint Security Market By Industry
13.5.10 Rest of Middle East & Africa
13.5.10.1 Rest of Middle East & Asia Endpoint Security Market By Component
13.5.10.2 Rest of Middle East & Asia Endpoint Security Market By Deployment
13.5.10.3 Rest of Middle East & Asia Endpoint Security Market By Solution Type
13.5.10.4 Rest of Middle East & Asia Endpoint Security Market By End-user
13.5.10.5 Rest of Middle East & Asia Endpoint Security Market By Industry
13.6 Latin America
13.6.1 Latin America Endpoint Security Market By Country
13.6.2 Latin America Endpoint Security Market By Component
13.6.3 Latin America Endpoint Security Market By Deployment
13.6.4 Latin America Endpoint Security Market By Solution Type
13.6.5 Latin America Endpoint Security Market By End-user
13.6.6 Latin America Endpoint Security Market By Industry
13.6.7 Brazil
13.6.7.1 Brazil Endpoint Security Market By Component
13.6.7.2 Brazil Africa Endpoint Security Market By Deployment
13.6.7.3Brazil Endpoint Security Market By Solution Type
13.6.7.4 Brazil Endpoint Security Market By End-user
13.6.7.5 Brazil Endpoint Security Market By Industry
13.6.8 Argentina
13.6.8.1 Argentina Endpoint Security Market By Component
13.6.8.2 Argentina Endpoint Security Market By Deployment
13.6.8.3 Argentina Endpoint Security Market By Solution Type
13.6.8.4 Argentina Endpoint Security Market By End-user
13.6.8.5 Argentina Endpoint Security Market By Industry
13.6.9 Rest of Latin America
13.6.9.1 Rest of Latin America Endpoint Security Market By Component
13.6.9.2 Rest of Latin America Endpoint Security Market By Deployment
13.6.9.3 Rest of Latin America Endpoint Security Market By Solution Type
13.6.9.4 Rest of Latin America Endpoint Security Market By End-user
13.6.9.5 Rest of Latin America Endpoint Security Market By Industry
14. Company Profile
14.1 Broadcom.
14.1.1 Market Overview
14.1.2 Financials
14.1.3 Product/Services/Offerings
14.1.4 SWOT Analysis
14.1.5 The SNS View
14.2 CrowdStrike.
14.2.1 Market Overview
14.2.2 Financials
14.2.3 Product/Services/Offerings
14.2.4 SWOT Analysis
14.2.5 The SNS View
14.3 Check Point Software Technologies Ltd.
14.3.1 Market Overview
14.3.2 Financials
14.3.3 Product/Services/Offerings
14.3.4 SWOT Analysis
14.3.5 The SNS View
14.4 Comodo Security Solutions, Inc.
14.4.1 Market Overview
14.4.2 Financials
14.4.3 Product/Services/Offerings
14.4.4 SWOT Analysis
14.4.5 The SNS View
14.5 AO Kaspersky Lab
14.5.1 Market Overview
14.5.2 Financials
14.5.3 Product/Services/Offerings
14.5.4 SWOT Analysis
14.5.5 The SNS View
14.6 SentinelOne.
14.6.1 Market Overview
14.6.2 Financials
14.6.3 Product/Services/Offerings
14.6.4 SWOT Analysis
14.6.5 The SNS View
14.7 McAfee, LLC
14.7.1 Market Overview
14.7.2 Financials
14.7.3 Product/Services/Offerings
14.7.4 SWOT Analysis
14.7.5 The SNS View
14.8 Microsoft Corporation.
14.8.1 Market Overview
14.8.2 Financials
14.8.3 Product/Services/Offerings
14.8.4 SWOT Analysis
14.8.5 The SNS View
14.9 Sporting Algorithms.
14.9.1 Market Overview
14.9.2 Financials
14.9.3 Product/Services/Offerings
14.9.4 SWOT Analysis
14.9.5 The SNS View
14.10 FireEye, Inc.
14.10.1 Market Overview
14.10.2 Financials
14.10.3 Product/Services/Offerings
14.10.4 SWOT Analysis
14.10.5 The SNS View
15. Competitive Landscape
15.1 Competitive Benchmarking
15.2 Market Share Analysis
15.3 Recent Developments
16. USE Cases and Best Practices
17. Conclusion
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