Endpoint Security Market: Soaring Demand For Software-as-a-service-based (SaaS) Security Solutions

Endpoint security is an approach toward protection of computer networks, which are bridged remotely to client devices. As connection of corporate networks to mobile phones, tablets, laptops, and other wireless devices creates cyber security threats, endpoint security attempts in ensuring such devices to follow a definite set of compliance standards.

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Many internet service providers are inclining towards distributed architecture for preventing data thefts. Majority of the cyber-attacks related to endpoint systems originate from peer-to-peer usage and interactions on the web. As these threats target particular systems, threat detection and elimination process becomes challenging at the network level. Several end-users are therefore adhering to endpoint security systems in order to prevent such threats. Growing requirement for compliance in government and financial organizations is further prompting users in adopting endpoint security solutions.

A major trend being observed in the global endpoint security market is soaring demand for Software-as-a-service-based (SaaS) security solutions. These solutions are affordable than the conventional full license ones, as SaaS-based endpoint security solutions follow pay-per-use model, along with the provision of easy installation and upgradation.

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Global market for endpoint security is projected by Transparency Market Research’s newly compiled report to register a stirring expansion throughout the forecast period – 2017 to 2026. Global sales of endpoint security will reap revenues worth over US$ 40,000 Mn by 2026-end.

High proliferation of mobile phones and internet services in North America and Europe has increased demand for endpoint security in these regions. In addition, these regions house large number of leading market players that offer advanced solutions to many industries such as healthcare, automotive, and BFSI. North American and Europe are anticipated to remain the most financially rewarding markets for endpoint security, in terms of revenues.

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Pragati Pathrotkar

As one of the lead news writers on cmfenews, Pragati’s specialization lies in the science and technology domains. Her passion for the latest developments in cloud technology, connected devices, nanotechnology, and virtual reality, among others, shines through in the most recent industry coverage he provides. Pragati’s take on the impact of digital technologies across the science, technology, and business domains gives her writing a fresh and modern outlook.

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