Endpoint Security Market: Key players are Bitdefender, Cisco, ESET, F-Secure, IBM, McAfee, Kaspersky Lab, Microsoft, Symantec, VIPRE, Trend Micro
Endpoint security systems essentially comprise centrally located software, that quite overtly categorizes software as a vital component of this business space. Driven by large-scale installations of antispyware, antivirus, firewall, login authentication and a host of intrusion prevention systems, endpoint security market has much to gain from the deployment of essential software. Indeed, estimates claim that software accounted for 80% of the overall endpoint security market share in 2016.
As budgets to improve client threat management witness an increase, endpoint security industry outlook from the software segment is likely to undergo an even more positive transformation. It is prudent to mention however, that the success and effectiveness of endpoint security depends on the proper implementation and updation of the endpoint protection that has to combat with constantly evolving threats. This has consequently added a considerable boost to the service-based endpoint security industry share as well, which is likely to witness favorable growth over 2017-2024.
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Endpoint security market, tagged as a revolutionary subset of the smart technology space, seems to have garnered the status of a niche vertical in the recent years. This growth can be precisely attributed to the fact that malware attacks have gained ferocity in stealing identities, draining bank accounts and generally bringing services to a standstill. In May 2017 for instance, a colossal cyberattack sealed down files and badly affected businesses, government bodies and the National Health Service of UK. Unfortunately, NHS back then, was still using an outdated version of the Windows operating system, the consequence of which led to MHS paying a heavy ransom in the form of bitcoins to retrieve the files.
This revolutionary cyberattack which was later named WannaCry was an eye opener for the IT sector, which rapidly deduced that such attacks will only become more commonplace in the future if nothing definite and foolproof is done to thwart their onslaught. While numerous other incidences have served as focal drivers, this particular event was speculated to have a direct impact on endpoint security market trends.
The latest trends in cybercrime rely heavily on social engineering, using legitimate software as cyber weapon, ranging from spam to phishing. Leading endpoint security industry players like Symantec, Kaspersky, McAfee, Microsoft, Trend Micro, Comodo, Cisco, and Panda Security are therefore continually upgrading and expanding their scope through research and development programs to keep pace with the changing dynamics of cyber threats. For instance, Kaspersky Lab recently released its flagship product called Kaspersky Endpoint Security for Business, which included next generation threat detection, increased visibility and granular security controls like credential detection and vulnerability management. This provides an apt demonstration of the efforts being undertaken to innovate highly advanced and efficient products in this business space. As per estimates, endpoint security industry size has been forecast to be pegged at $7.5 billion by 2024.
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Chapter 1. Methodology & Scope
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Scope, definition and research parameters
1.2. Data Sources
Chapter 2. Executive Summary
2.1. Endpoint security industry 360º synopsis, 2013 - 2024
2.1.1. Region trends
2.1.2. Component trends
2.1.3. Deployment model trends
2.1.4. Application trends
Chapter 3. Endpoint Security Industry Insights
3.2. Industry segmentation
3.3. Features of endpoint security
3.3.1. Application whitelisting
3.3.2. Device control
3.3.3. Vulnerability assessment
3.4. Evolution of endpoint security
3.5. Endpoint security industry landscape, 2013 - 2024
3.6. Endpoint security industry ecosystem analysis
3.7. Endpoint security architecture
3.8. Regulatory landscape
3.9. Technology & innovation landscape
3.9.2. AI & machine learning in endpoint security
3.10. Endpoint security industry impact forces
3.10.1. Growth drivers
184.108.40.206. Need to manage and mitigate IT security risks
220.127.116.11. Growing incidents of endpoint attacks
18.104.22.168. Increasing penetration of mobile devices
22.214.171.124. Increasing popularity of the BYOD trend
3.10.2. Industry pitfalls & challenges
126.96.36.199. Preference towards free endpoint security solutions
188.8.131.52. Lack of IT resources and in-house expertise
3.11. Porter's analysis
3.12. PESTEL analysis
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