Global Endpoint Security Market Outlook and Growth Forecast for the Period 2017-2026

Posted on 2018-05-24 by Mark Hub in Technology // 0 Comments

Albany, USA, 2018-May-24 — /EPR Network/ —Recently, a fresh study highlighting the market snapshot of Endpoint Security has been publicized to the wide database of Market Research Reports Search Engine (MRRSE). This in-depth study is headlined as “Endpoint Security Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2026” which discusses the historic and current scenario of the global market, along with the future prospects it holds for a 9 year assessment period, 2017-2026. For the benefit of the investors of the report, this research focuses on the drivers and restraints anticipated to impact the demand for Endpoint Security in the coming years.

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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.

Inclination of Internet Service Providers toward Distributed Architecture to Boost Demand for Endpoint Security

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.

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.

North America and Europe to Remain Most Financially Rewarding Markets for Endpoint Security

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.

However, the market in Asia-Pacific excluding Japan (APEJ) is expected to witness the fastest expansion through 2026. Growth of the market in APEJ can mainly be attributed to growing popularity of cloud computing and bring your own device (BYOD) trends, along with surging mobility in APEJ countries such as China and India.

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Large Enterprises to Account for Largest Revenues Share of Market during 2017 to 2026

Large enterprises are projected to account for the largest revenue share of the market during 2017 to 2026. Large enterprises find increased adoption of endpoint security for dealing with advanced threats. In addition, requirement to upgrade existing threat prevention will further augment demand for endpoint security services in these enterprises. Small & medium enterprises are reluctant when it comes to outsourcing security services to third parties, which in turn impedes adoption of endpoint security in these enterprises. However, increasing data breaches across small & medium enterprises will boost demand for endpoint security in these organizations in the near future.

Among applications, antivirus tools are expected to lead the global endpoint security market, in terms of revenues. This is mainly because antivirus tools reduce probability of endpoints getting infected by threats including Trojans, rootkits, keyloggers, spyware, adware, worms, and viruses. In addition, increasing crucial information over the network will upsurge demand for endpoint security in antivirus tools.

Key Research Findings from TMR’s Report on Endpoint Security Market

By deployment type, on-premises segment will remain dominant in the market, while SaaS will witness a comparatively faster expansion through 2026
Healthcare, BFSI and retail will continue to be most lucrative industries for sales of endpoint security over the forecast period

Competition Tracking

Increasing service & product extensions, mergers & acquisitions, and technological innovations are likely to intensify the competitive environment in the market. In a bid to sustain the competition, leading vendors in the market are developing new technologies, and are also staying updated with technologies capable of affecting their product lines. Growth of the international vendors is expected to remain inorganic in the foreseeable future through acquisition of domestic or regional players. Key companies profiled by TMR’s report include F-Secure, Microsoft Corporation, Webroot, Sophos, IBM Corporation, Trend Micro, Kaspersky Lab, Intel, Cisco Systems, and Symantec.

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