Endpoint Security Market is Expected to Witness Speedy Growth of USD billion by 2032
The global endpoint security market size was USD 15.7 Billion in 2022 and is expected to reach USD 28.2 Billion in 2032, and register a revenue CAGR of 7.6% during the forecast period. Rising frequency and sophistication of cyberattacks, increased acceptance of Bring Your Own Device (BYOD) regulations, and rising demand for integrated endpoint Security Solutions are major factors driving market revenue growth.
Rising frequency and complexity of cyberattacks is one of the key factors driving revenue growth of the market for endpoint security. Endpoints including laptops, cellphones, and tablets are the target of more sophisticated cyberattacks. Enterprises are looking to install enhanced endpoint security solutions to safeguard their systems and data from these threats.
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BYOD policies in the workplace is one of the factors driving revenue growth of the endpoint security market. When employees utilize their personal devices to access business networks and data, this trend has increased the number of endpoints that need to be safeguarded. Protecting against the security dangers brought on by BYOD policies requires endpoint security solutions.
Moreover, revenue growth of the market is driven by rising demand for integrated endpoint security solutions. As they offer a thorough approach to security, end-to-end security solutions that incorporate endpoint security are gaining popularity. These solutions make it easier for businesses to handle security by providing centralized endpoint control and monitoring.
Competitive Landscape:
Symantec Corporation McAfee LLC Cisco Systems Inc. Trend Micro Inc. Sophos Group plc Bitdefender LLC Kaspersky Lab Carbon Black Inc. F-Secure Corporation Avast Software s.r.o. ESET LLC The global market is further segmented into type and application:
By Component Type Outlook
Antivirus
Firewall
Endpoint Detection and Response (EDR)
Endpoint Application Control
Encryption
Others
By Deployment Mode Outlook
Cloud-based
On-premises
By End-Use Outlook
BFSI
Healthcare
IT and Telecom
Government and Defense
Retail
Others
Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.
North America (U.S., Canada, Mexico) Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe) Asia Pacific (China, India, Japan, South Korea, Rest of APAC) Latin America (Brazil, Rest of LATAM) Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA) Request a customized copy of the report @ https://www.reportsanddata.com/request-customization-form/7230
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