USD 16.2 billion
Global Endpoint Security Market Size, Share, Growth Analysis, By Component(Solutions, and Services), By Deployment(Cloud, On-premises), By Enterprise Size(Large Enterprises, Small and Medium Enterprises (SMEs)), By Industry Vertical(IT & telecom, BFSI) - Industry Forecast 2024-2031
Report ID:
SQMIG45B2125 |
Region:
Global |
Published Date: May, 2024
Pages:
157
|
Tables:
119 |
Figures:
76
Global Endpoint Security Market Insights
Global endpoint security market size was valued at USD 16.2 billion in 2022 and is poised to grow from USD 17.4 billion in 2023 to USD 30.8 billion by 2031, growing at a CAGR of 7.4% in the forecast period (2024-2031).
Endpoint security refers to securing a network at entry points or at end user devices. Growing popularity of remote work has resulted in increasing adoption of the BYOD (bring your own device) trend, which is bolstering the importance of endpoint protection in almost all organizations. The rapidly evolving threat landscape, growing incidence of cyberattacks and data breaches, and imposition of strict data privacy and security mandates are also estimated to favor the demand for endpoint security over the coming years. Rising use of cloud technologies and high investments in the development of new cybersecurity measures are also forecasted to benefit endpoint security market development going forward. On the contrary, the dearth of skilled cybersecurity professionals is estimated to slow down the adoption of endpoint security solutions in the long run. Endpoint security companies should invest in the development of next-generation endpoint protection solutions going forward.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
On-premise
Fastest Growth
Cloud
Growth Rate
7.4% CAGR
Global Endpoint Security Market ($ Bn)
Country Share for North America Region (%)
Global Endpoint Security Market By Deployment ($ Bn)
Global Endpoint Security Market By Deployment (%)
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Global Endpoint Security Market Segmental Analysis
The global endpoint security market is segmented based on component, deployment, enterprise size, industry vertical, and region. In terms of component, the market is bifurcated into solutions and services. Based on deployment, the market is divided into clouds and on-premises. Based on enterprise size, the market segmented into large enterprises and small and medium enterprises (SMEs). In terms of industry vertical, the market is segmented into BFSI, IT & telecom, industrial, education, retail, healthcare, government & defense, and others. Based on region, the market is segmented into Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa.
Analysis by Component
The solution segment is projected to account for a prominent share of the global endpoint security market. High demand for endpoint security solutions that protect against malware, phishing, ransomware, and other kinds of cyberthreats is what allows this segment to dominate the market. Continuously evolving threat landscape will boost demand for unique endpoint security solutions and bolster market growth.
Meanwhile, the demand for endpoint security services is estimated to rise at a rapid CAGR across the forecast period and beyond. The increasing number of organizations requiring help to retain their in-house security professionals is what allows this segment to expand at a rapid pace. Adoption of endpoint security services also helps companies overcome lapses in skills.
Analysis by Deployment
On-premises endpoint security solutions are highly preferred by most organizations, and this is why they account for a major market share at present. Greater flexibility and control over endpoint security offered by on-premises installation is what helps this segment maintain a high market share. Large enterprises are more inclined to opt for this type of endpoint security.
Cloud-based endpoint security is projected to witness a robust hike in demand over the coming years. Rising acceptance of cloud technology and increasing emphasis of companies on optimizing their operational expenses are boosting market growth via this segment. Availability of subscription-based and pay-as-you-go models for cloud-based endpoint security will also uplift market development in the future.
Global Endpoint Security Market By Deployment, 2022 (%)
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Global Endpoint Security Market Regional Insights
North America is estimated to account for a substantial share of the global endpoint security market. The presence of strict security regulations and efforts to maintain compliance to the same are projected to promote endpoint security adoption in this region. Increasing efforts of organizations to safeguard their data from cyberattacks and data breaches is also boosting the demand for endpoint security in this region. Canada and the United States are slated to be the leading markets for endpoint security companies in North America.
Growing demand for cloud computing and increasing adoption of the BYOD (bring your own device) trend are projected to be key factors promoting the demand for endpoint security in the Asia Pacific region. Rapid digitization of different industry verticals is also estimated to help Asia Pacific region maintain its stance as the fastest-growing regional market. Expanding the network of endpoints in this region will also favor market growth. China, India, and Japan are the top countries endpoint security market players should invest in going forward.
Global Endpoint Security Market By Region, 2024-2031
- Largest
- Fastest
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Global Endpoint Security Market Dynamics
Drivers
Rise in Sophisticated Cyberattacks
- Cyberattacks and data breaches are long past their developmental phase and now these attacks are more advanced than ever before. This rapidly evolving threat landscape is projected to augment the demand for endpoint security in the future.
Data Privacy Requirements
- Regulatory authorities around the world are implementing mandates that require companies to maintain privacy of user data. Therefore, companies are deploying endpoint security solutions and other types of security solutions to ensure compliance with the required privacy mandates.
Restraints
Dearth of Skilled Professionals
- Maintaining and deploying endpoint security solutions required skilled cybersecurity professionals. The lack of these skilled professionals is projected to slow down the adoption of endpoint security over the coming years.
Impact on Performance
- Endpoint security solutions might consume computing power and use other resources of a system to maintain security, but this could hamper the overall performance of the system. This factor could hurt endpoint security market growth in the long run.
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Global Endpoint Security Market Competitive Landscape
Endpoint security providers should focus on making their solutions and services more affordable to improve accessibility in the global market. Endpoint security companies should also collaborate with other companies to expand their threat detection capabilities in the long run. Incorporation of advanced technologies will also be a key area of focus for endpoint security market players in the long run.
Top Player’s Company Profiles
- Sophos Ltd.
- CrowdStrike
- Ivanti
- Microsoft
- AO Kaspersky Lab
- Panda Security
- F-Secure
- Palo Alto Networks
- IBM Corporation
- Blackberry Limited
- McAfee, LLC
- ESET, spol. s r.o.
- Cisco Systems, Inc.
- VMware
- Check Point Software Technologies Ltd.
- Bitdefender
Recent Developments
- In April 2023, Trellix, a leading name in the cybersecurity space, announced the launch of a new endpoint security suite. Trellix Endpoint Security Suite is a complete end-to-end security solution for all types of organizations.
- In February 2024, Palo Alto Networks, a renowned cybersecurity provider based in the United States, launched a new endpoint security platform called Cortex. The solution is expected to help companies improve their endpoint security and platformization as well.
- In February 2024, NinjaOne and SentinelOne announced the launch of a new strategic partnership to optimize and improve endpoint security. The companies intend to combine IT operations and cybersecurity solutions to achieve their goal.
Global Endpoint Security Key Market Trends
- Next Generation Endpoint Security: Endpoint security solution providers can focus on the development of next-generation solutions that are integrated with advanced technologies such as artificial intelligence and machine learning to provide functionalities such as behavior analysis, predictive threat detection, etc.
Global Endpoint Security Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, rising sophistication of cyberattacks and increasing popularity of the BYOD trend are projected to primarily bolster the demand for endpoint security. Impact on performance of a system and dearth of skilled cybersecurity personnel are slated to be key constraints for endpoint security market development going forward. Collaborations and partnerships are slated to be popular strategies for endpoint security market players. North America is estimated to spearhead the demand for endpoint security across the forecast period. Endpoint security companies should invest in the development of next-gen endpoint security solutions to maximize their sales potential going forward.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 16.2 billion |
| Market size value in 2031 | USD 30.8 billion |
| Growth Rate | 7.4% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Endpoint Security Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Endpoint Security Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Endpoint Security Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Endpoint Security Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Endpoint Security Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Endpoint Security Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Endpoint Security Market Report Snapshots
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