Endpoint Security Market Growth Rate 2024 By Top Companies: IBM, McAfee, Microsoft, Sophos, Symantec, Trend Micro, Cisco, Bitdefender, Cylance Inc., ESET, F-Secure Corporation, Panda Security, Comodo, VIPRE Security, AhnLab, Inc.

Endpoint Security Market growth is attributed to the rise in the incidents of massive cyber-attacks on government and private IT networks around the world, potentially threatening national security and the privacy of critical public information. Due to frequent cyber-attacks, such as Shadow Brokers, WannaCry, and Petya, government and private organizations are increasingly deploying security solutions to protect their IT infrastructure.

Also, with the growing popularity of the BYOD among enterprises around the world, the need to secure different types of mobile devices used in enterprise networks is leading to the rapid deployment of antivirus/antimalware solutions by organizations worldwide.

Request for a sample copy of this research report @ www.gminsights.com/request-sample/detail/1620

Endpoint Security Market size is set to exceed USD 7.5 billion to grow at 7% CAGR from 2017 to 2024. Increasing incidents of cyber-attacks on government and private networks around the world have led to a rise in the awareness and adoption of endpoint security solutions. Data breaches and ransomware are some of the most critical challenges for any organization. The cloud segment is expected to register an accelerated growth over the forecast timeline due to the rapid adoption of cloud computing technology by enterprises and government institutions to enable flexible and highly scalable deployment of cyber security solutions over cloud platforms. As cloud-based solutions offer the latest updated versions of cyber security product instances, their adoption is expected to increase significantly between 2017 and 2024.

The BFSI endpoint protection market will exhibit high growth over the forecast timeline owing to stringent government regulations around the world demanding the highest level of security for customers’ financial records stored and retrieved through the IT networks of financial institutions. As such networks are the prime targets of hackers for ransomware attacks, the demand for advanced and robust malware protection solutions from the BFSI sector is expected to increase rapidly over the forecast period.

The software segment held a market share of over 80% in 2016 due to the large-scale deployment of protection solutions such as intrusion prevention systems, antivirus systems, and endpoint application control systems by enterprises to prevent malicious threats from infecting enterprise networks. The service market is expected to exhibit a promising growth over the forecast timeline as associated services ensure timely updates and maintenance to enable the protection from constantly evolving threats.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. IBM
2. McAfee
3. Microsoft
4. Sophos
5. Symantec
6. Trend Micro
7. Cisco
8. Bitdefender
9. Cylance Inc.
10. ESET
11. F-Secure Corporation
12. Panda Security
13. Comodo
14. VIPRE Security
15. AhnLab, Inc.

Make an inquiry for buying this report @ www.gminsights.com/inquiry-before-buying/1620

Growth Drivers

• Need to manage and mitigate IT security risks
• Growing incidents of endpoint attacks
• Increasing penetration of mobile devices
• Increasing popularity of the BYOD trend

North America will hold the majority share in the endpoint security market by 2024 due to favorable government initiatives to adopt effective security solutions to mitigate the threats arising out of frequent cyber-attacks on public as well as private IT networks in the U.S.

Asia Pacific endpoint security market is expected to exhibit the fastest growth between 2017 and 2024 owing to the increasing initiatives by government bodies to modernize and strengthen the IT infrastructure in countries including India and China. With growing awareness regarding the need for addressing malware security vulnerabilities, the adoption of protection solutions is expected to increase swiftly over the timeline.

The key players operating in the endpoint protection market are AhnLab, Inc., Bitdefender, Cisco, Comodo, Cylance Inc., ESET,F-Secure Corporation, IBM, McAfee, Kaspersky Lab, Microsoft, Panda Security, Sophos, Symantec, Trend Micro, and VIPRE Security.

Browse Full Reports: https://www.gminsights.com/industry-analysis/endpoint-security-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com

This release was published on openPR.