Endpoint Security Market Size, Share and Global Trend By Component (Software, Services), By Deployment (On-Premise, Cloud), By Enterprise Size (Large Enterprises, Small & Medium Enterprises), By End-Use Industry (BFSI, Telecom & IT, Retail, Healthcare, Government & Public Sector, Transportation, and Others) and Geography Forecast till 2026
As per a recent report, organizations have reported more than 15% of endpoint attacks as compared to the last year. Fortune Business Insights in a report, titled “Endpoint Security Market Size, Share and Global Trend By Component (Software, Services), By Deployment (On-Premise, Cloud), By Enterprise Size (Large Enterprises, Small and Medium Enterprises), By End-Use Industry (BFSI, Telecom and IT, Retail, Healthcare, Government and Public Sector, Transportation, and Others) and Geography Forecast till 2026” predicts that the market is anticipated to exhibit a CAGR of 8.4% through the forecast years. The market was valued at USD 5,304.5 MN in 2018 and is projected to reach USD 10,026.9 MN by 2026. An increasing number of data breaches in organizations is propelling growth in the market. Moreover, the rising number of unknown and new attacks regarding endpoint networks is compelling organizations to adopt “Endpoint Security” systems, thus increasing the Endpoint Security Market share.
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Top Players
Increasing Deployment of IoT Devices to Enable Growth in North America
Among regions, North America is anticipated to lead the global Endpoint Security Market during the forecast period. The market was valued atUSD 2,121.2 Mnin 2018. This increasing growth is attributable to the presence of well-recognized players in the region. In addition to this, the increasing deployment of the internet of things (IoT) devices across several industries is a potential growth contributor. The rising support from the U.S. federal government manages Cyber Security policies to support agencies improve the resiliency and safety of government’s networks and systems.
Market Landscape and Market Scenario Includes:
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Following North America, Europe is expected to grow at a healthy CAGR during the forecast years. The majority of the Endpoint Security Market revenue is expected to come from Germany, France, and the U.K. as these countries are increasingly adopting Endpoint Security solutions. The market in the Asia Pacific is estimated to grow at a rapid pace owing to the rising adoption of Endpoint Security devices across organizations. The rising awareness about Endpoint Security software in small and medium scale enterprises is propelling the Endpoint Security Market growth.
Important Features that are under Offering and Key Highlights of the Market Report:
Healthcare Institutions to Install Endpoint Security Systems to Counter Increasing Cyberattacks
Several organizations are allowing their employees to bring their own devices. The increasing trend of ‘BYOD’ is creating a threat to security in work areas and creating a risk to security. Considering this, Endpoint Security tools play a crucial role by eliminating the risk of security threat. This, together with rising adoption of IoT and escalating demand for smart devices, is likely to increase the Endpoint Security Market size by 2026.
Segmentation
1. By Component
2. By Deployment
3. By Enterprise Size
4. By End-Use Industry
5. By Region
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At 7.4%, the retail sector is likely to expand in the global Endpoint Security Market. However, some industries such as government and public sector, BFSI, and telecom and IT are projected to cover half of the share in the market,” said a lead analyst at Fortune Business Insights. “Also, the healthcare industry is witnessing demand for Endpoint Security software owing to the increasing number of threats from cybercriminals,” he added. These cybercriminals have put patient’s lives at risk by installing malware and hijacking important data. Hence, the sector needs the deployment of robust Endpoint Security systems to ensure a safe and secure IT ecosystem. Moreover, in the healthcare sector, there has been a persistent increase in communication among stakeholders. This, in turn, has increased the pace of information flow, thereby raising the risk of malware in the system. The rising demand for Endpoint Security solutions among sectors is expected to foster the Endpoint Security Market revenue in the forthcoming years.
Queries Addressed In Endpoint Security Market Report:
Majority of the Key Players Headquartered in North America
With the emergence of technologies such as Industry 4.0, big data, AI, and others, the concerns associated with data security and privacy are increasing. There are high chances of od data breach, which fuels demand for Endpoint Security systems.
Majority of the leading players are headquartered in North America. These players are continuously upgrading their applications to offer security for Endpoint Security attacks. On 2018, Symantec develops a new IT management suite called ITMS 8.5. This suite offers flexible, customized, and real-time solutions to manage Endpoint Security.
Key Features of Market Research Report:
Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.
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TABLE OF CONTENT:
5.Global Endpoint Security Market Analysis, Insights and Forecast, 2015-20265.1. Key Findings / Summary5.2. Market Size Estimates and Forecasts5.2.1. By Component (Value)5.2.1.1. Software5.2.1.2. Services5.2.2. By Deployment (Value)5.2.2.1. On-Premise5.2.2.2. Cloud5.2.3. By Enterprise Size (Value)5.2.3.1. Large Enterprises5.2.3.2. Small and Medium Enterprises5.2.4. By Deployment (Value)5.2.4.1. BFSI5.2.4.2. Telecom and IT5.2.4.3. Retail5.2.4.4. Healthcare5.2.4.5. Government and Public Sector5.2.4.6. Transportation5.2.4.7. Others (Education, Automotive, etc.)5.2.5. By Geography (Value)5.2.5.1. North America5.2.5.2. Europe5.2.5.3. Asia Pacific5.2.5.4. Middle East and Africa5.2.5.5. Latin America6.North America Endpoint Security Market Analysis, Insights and Forecast, 2015-20266.1. Key Findings / Summary6.2. Market Size Estimates and Forecasts6.2.1. By Component (Value)6.2.1.1. Software6.2.1.2. Services6.2.2. By Deployment (Value)6.2.2.1. On-Premise6.2.2.2. Cloud6.2.3. By Enterprise Size (Value)6.2.3.1. Large Enterprises6.2.3.2. Small and Medium Enterprises6.2.4. By Deployment (Value)6.2.4.1. BFSI6.2.4.2. Telecom and IT6.2.4.3. Retail6.2.4.4. Healthcare6.2.4.5. Government and Public Sector6.2.4.6. Transportation6.2.5. Others (Education, Automotive, etc.)6.2.6. By Country (Value)6.2.6.1. United States6.2.6.2. Canada7.Europe Endpoint Security Market Analysis, Insights and Forecast, 2015-20267.1. Key Findings / Summary7.2. Market Size Estimates and Forecasts7.2.1. By Component (Value)7.2.1.1. Software7.2.1.2. Services7.2.2. By Deployment (Value)7.2.2.1. On-Premise7.2.2.2. Cloud7.2.3. By Enterprise Size (Value)7.2.3.1. Large Enterprises7.2.3.2. Small and Medium Enterprises7.2.4. By Deployment (Value)7.2.4.1. BFSI7.2.4.2. Telecom and IT7.2.4.3. Retail7.2.4.4. Healthcare7.2.4.5. Government and Public SectorTOC Continued….!
An Overview of the Impact of COVID-19 on this Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
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