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

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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.

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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

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