Global Endpoint Security Market: Snapshot
Would an increase in the number of connected devices such as laptops, tablets, phones, and other wireless devices used in corporate networks, that is an equally increase in the rise of security threats. Endpoint security is there for used for ensuring that these devices follow a definite set of compliance standards, thereby improving security period in endpoint security, computer networks are protected. The computer networks remote devices are protected by endpoint security. By 2026, the global endpoint security market is expected to generate revenue crossing US$40,000 mn. Key players operating within the market are as follows: Symantec, Intel, Cisco Systems, Kaspersky Lab, Trend Micro, Sophos, IBM Corporation, Webroot, F-Secure, and Microsoft Corporation.
Need to Prevent Cyber Attacks and Threats Driving Demand for Endpoint Security
With an increasing number of internet service providers getting attracted towards distributed architecture so as to prevent data tabs, many of the cyber-attacks related to endpoint systems are originating from interactions on the web as well as from peer-to-peer usage. These threats target a particular system and therefore the detection of threat as well as the elimination of threat becomes a very challenging process at the network level.
This has resulted in many of the end-users adhering to endpoint security systems for preventing such threats. An important factor which is assisting the growth of this market is the need for compliance within government financial organizations which is in turn prompting users to adopt in point security solutions. A trend which can be witnessed within the global endpoint security market is the surgeon the demand for software-as-a-service based security solution since they are affordable, easy to install, and upgrade.
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Demand Highest from Developed Regions of Europe and North America
On the basis of geography, the demand for endpoint security is from Europe and North America. This is because there is a high proliferation of high-speed internet services and mobile phones in these regions. In addition to this, both Europe and North America our house to several key players which offer Advanced Solutions for end use industries such as BFSI, automotive, and health care.
Growth is also expected within the endpoint security marketing Asia-Pacific excluding Japan. In fact this region is anticipated to experience the fastest expansion rate during the forecast period. The growth of the market for endpoint Security in Asia-Pacific excluding Japan is attributed to the growing trend of bring your own device as well as the surge in the popularity of cloud computing. The increased mobility is also assisting the growth of this market.
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Demand for Antivirus Tools Highest in Terms of Application
On the basis of application, it is the antivirus tools which is expected to generate the maximum revenue for endpoint security. This is because antivirus tools reduce the probability of infection in endpoints through threats such as rootkits, trojans, spyware, keyloggers, worms, adware, and viruses. The growing amount of crucial information sent over the network will boost the demand for antivirus tools further. In terms of venues industry, the BFSI and Healthcare as well as retail sectors will be most lucrative.