Global Endpoint Security Market Forecast Report By Top Key Players: ESET, F-Secure Corporation, IBM, McAfee, Kaspersky Lab, Microsoft, Panda Security, Sophos, Symantec, Trend Micro, VIPRE Security, AhnLab, Bitdefender, Cisco, Comodo, Cylance

Endpoint Security Market to grow at 7% CAGR from 2018 to 2024, is set to exceed USD 7.5 billion by 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. On an average, over one million new types of malware are created by attackers each day. Protecting the critical data related to enterprises as well as customers has become one of the major concerns for companies relying on the IT infrastructure for critical business processes.

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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.

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.

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

1. Bitdefender
2. Cisco
3. Cylance Inc.
4. ESET
5. F-Secure Corporation
6. IBM
7. McAfee
8. Kaspersky Lab
9. Microsoft
10. Sophos
11. Symantec
12. Trend Micro
13. Comodo

Endpoint security has become a major layer of security as it is software based and is targeted towards user devices like laptops, computers, smartphones and tablets. Therefore, the government has also enforced stringent norms to protect financial data, urging institutions to adopt such a host-based solution. This indeed led the BFSI sector to hold the largest share in endpoint security market in 2016 and lay the groundwork for further progress over 2017-2024.

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Below is a synopsis of the contributions being made by prominent firms toward endpoint security industry space:

Symantec: The leading cyber security solutions provider is rightly touted as one of the most influential names in the global endpoint security market space having made a remarkable contribution to this sphere for over a decade now. The US based giant has recently unveiled a fully featured and its most advanced endpoint solution with an aim to bring together Endpoint Detection and Response (EDR), Mobile Threat Defense, intensive protection through advanced machine learning, and deception technology.

Cisco: In order to reinforce its stance in the global endpoint security market, the American multinational technology behemoth has recently launched a series of augmentations to its Advanced Malware Protection (AMP) for Endpoints platform. Apparently, the latest enhancements provide revamped email security and visibility capabilities to enable network security professionals to gather accurate insights for investigating data breaches. Moreover, the new email security features supplement the advanced phishing and domain protection services along with malware detection and prevention systems.

McAfee: With an aim to identify new cybersecurity product requirements in the endpoint security market, McAfee has recently introduced two state-of-the-art physical and cyber security operations centers in Texas and Ireland. The facilities, named as McAfee Fusion Centers, would be available to consumers who wish to witness human-machine learning in practice and to educate themselves on how to better manage their own security operations.

Browse key industry insights spread across 380 pages with 1032 market data tables & 14 figures & charts from the report, “Endpoint Security Market Size By Component (Software [Firewall, Intrusion Prevention, Antivirus/Anti-Malware, Endpoint Application Control, Encryption Technologies, Mobile Device Security], Service [Training & Consulting, Maintenance & Updates, Managed Service]), By Deployment Model (On-premise, Cloud), By Application (BFSI, Telecom & IT, Retail, Healthcare, Government & Public Sector, Education, Transportation), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Spain, Netherlands, China, Japan, Australia & New Zealand (ANZ), South Korea, India, Singapore, Philippines, Malaysia, Brazil, Mexico, Argentina, GCC, South Africa), Growth Potential, Competitive Market Share & Forecast, 2017 - 2024” in detail along with the table of contents:

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

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.

The California based company has also announced a new security operations architecture which would enhance McAfee Advanced Threat Defense and McAfee Investigator. It would be prudent to mention that the entire solution has been installed in the latest fusion centers. Apparently, the efforts being deployed by McAfee to strengthen its position in endpoint security industry would prove to be of immense help in laying out a robust blueprint for successfully implementing complex security operations in real time.

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.

Top 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.

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