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

Q: What is the global market size of Endpoint Security Market?

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).

Report ID: SQMIG45B2125 | Region: Global | Published Date: May, 2024
Pages: 157 | Tables: 119 | Figures: 76

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.

Endpoint Security Market Report Snapshots

License Type Top market research company in USA

File Type

$5,300

BUY NOW GET FREE SAMPLE

Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

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 providers should focus on making their solutions and services more affordable to improve accessibility in the 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. 'Broadcom', 'Fortinet Inc.', 'Trend Micro Incorporated', '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'

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.

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.

North America is estimated to account for a substantial share of the 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.

Feedback From Our Clients

"We have purchased recently a report from SkyQuest Technology, and we are happy to inform you that this report was so useful and practical for our team. Skyquest Team was very active and our queries were followed up completely.It was amazing. "

- Mr. Ali Zali, Commercial Director, ICIIC Iran.

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

Endpoint Security Market Dynamics

Endpoint Security Market Report Snapshots

Want to customize this report?

FAQs

What is the market size of Endpoint Security Market?

Who are the key vendors in the Endpoint Security Market?

What is the key driver of Endpoint Security Market?

What is the key market trend for Endpoint Security Market?

Which region accounted for the largest share in Endpoint Security Market?

Request Free Customization

Related Reports

Feedback From Our Clients

$5,300