According to the report by Expert Market Research (EMR), the endpoint security market size reached a value of USD 16.73 billion in 2023. Aided by the rising prevalence of cyber threats and the growing complexity of digital infrastructures, the market is projected to further grow at a CAGR of 7.9% between 2024 and 2032 to reach a value of USD 33.20 billion by 2032.
Endpoint security refers to the practice of securing endpoints or entry points of end-user devices such as desktops, laptops, and mobile devices from being exploited by malicious actors. It encompasses various security measures, including antivirus, anti-malware, firewall, intrusion detection, and data encryption, to protect devices and networks from cyber threats.
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The endpoint security market growth is primarily driven by the increasing frequency and sophistication of cyberattacks. As businesses and organisations increasingly rely on digital platforms, the need for robust security measures to protect sensitive data and systems has become paramount.
The proliferation of remote work and bring-your-own-device (BYOD) policies has expanded the attack surface for cybercriminals, further emphasizing the importance of endpoint security. Additionally, regulatory compliance requirements and data protection laws are compelling organisations to adopt advanced security solutions to safeguard their data and operations, consequently driving up the endpoint security market share.
Technological advancements, such as the integration of artificial intelligence (AI) and machine learning (ML) in endpoint security solutions, are enhancing the effectiveness of threat detection and response. These innovations are enabling proactive security measures, reducing the risk of breaches and minimizing the impact of attacks.
As per the endpoint security market analysis, North America dominates the global market, attributed to the presence of a large number of cybersecurity vendors and the high adoption rate of advanced security solutions. Europe follows closely, with stringent data protection regulations driving the demand for endpoint security. The Asia Pacific region is expected to witness significant growth in the coming years, driven by the increasing digitalisation of businesses and the growing awareness of cybersecurity threats in emerging economies.
The integration of endpoint security with other security solutions, such as network security and cloud security, is a growing trend. This holistic approach to cybersecurity provides comprehensive protection and enables better coordination in threat detection and response.
The adoption of endpoint detection and response (EDR) solutions, which offer continuous monitoring and advanced threat analysis capabilities, is on the rise. EDR solutions are becoming an essential component of endpoint security strategies, providing organisations with the tools to quickly identify and mitigate threats, leading to the endpoint security market expansion.
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Endpoint Security Market Segmentation
The market can be divided based on the solution, deployment mode, enterprise size, industry vertical, and region.
Market Breakup by Solution
- Endpoint Protection Platform
- Endpoint Detection and Response
Market Breakup by Deployment Mode
- On-Premise
- Cloud
Market Breakup by Enterprise Size
- Large Enterprises
- Small and Medium Enterprises
Market Breakup by Industry Vertical
- IT and Telecom
- Healthcare
- Manufacturing
- BFSI
- Retail and E-commerce
- Government and Defence
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global endpoint security market. Some of the major players explored in the report by Expert Market Research are as follows:
- S.C. Bitdefender s.r.l.
- ESET, spol. s r. o.
- HCL Technologies Limited
- The International Business Machines Corporation
- Trend Micro Incorporated
- Palo Alto Networks, Inc.
- Broadcom, Inc.
- Microsoft Corporation
- CrowdStrike, Inc.
- Sophos Limited
- AO Kaspersky Lab
- Others
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