Whats driving the Endpoint Security Market Trends? TrendMicro, Sophos, Kaspersky, Check Point Software, FireEye

ReportCrux Market Research has published a new report titled "Endpoint Security Market by Component (Solution, and Services); by Deployment (On-Premise, and Cloud-Based); by Organization Size (Large Organizations, and Small & Medium Sized Organizations); by Industry Vertical (BFSI, Government & Defense, Healthcare & Life Science, Media & Entertainment, IT & Telecom, Retail, Manufacturing, and Others); and by Region: Global Industry Trends, Dynamics, Competitive Insights and Forecast Analysis, 2020 - 2027". Some of the key players profiled in the study are TrendMicro, Sophos, Kaspersky, Check Point Software, FireEye

According to the report, global demand for endpoint security market was valued at approximately USD 9.31 Billion in 2019 and is expected to generate revenue of around USD 18.27 Billion by end of 2027, growing at a CAGR of around 7.8% between 2020 and 2027.

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Major players in endpoint security market are TrendMicro, Sophos, Kaspersky, Check Point Software, FireEye

The growth of the endpoint security market is due to the proliferation of connected devices, such as tablets, smart phones, and network devices, which support their networking requirements in several industry verticals. In 2016, as per the Symantec's Threat Report, the company blocked an average of over 230,000 network attacks on endpoint computers each day with more than 360 million malware variants detected globally in 2016. Traditional security endpoint solutions are not successful against rapidly emerging new threats such as WannaCry, APT, and DDoS attacks due to which the adoption of endpoint security solutions as increased, integrating machine learning technologies to allow for real-time detection and threat mitigation.

The global market for the endpoint security is segmented into component, deployment, industry vertical, organization size, and region. Based on component, the market is segmented into solution, and services. The solution market is further segmented into endpoint protection platform (EPP), and endpoint detection and response (EDR). The services market is further divided into professional services, and managed services. The professional services are further segmented into integration and implementation, training and consulting, and support and maintenance. The solutions segment held major share of the market in 2019 with almost 70%. As endpoint security software includes next-generation firewall, and endpoint application management anti-virus solutions these are gradually deployed. Mobile threat management solutions, for instance offer continuous security for mobile devices, and provide enforcement controls to ensure compliance for employees and their apps.

Based on deployment, the market is categorized into on-premise, and cloud-based. The market for on-premise held almost 51% share of the market in 2019; however, the market for cloud-based solutions is likely to grow at high CAGR in the forecast period. Organizations generally favor this deployment model, because it gives them complete control over protecting their network infrastructure from insider and outsider attacks. They should ensure mission-critical applications are still up and running.

Based on the organization size, the global market for endpoint security is segmented into large organizations, and small & medium sized (SMEs) organizations. From this, large organizations market accounted for almost 73% share in 2019. It is expected that the need to update the current threat protection is accelerating the growth of endpoint security services in large companies. SMEs' inability to outsource security services to third parties restricts the adoption of such services in small and medium sized organizations.
Based on industry vertical, the market is categorized into BFSI, government & defense, healthcare & life sciences, media & entertainment, IT & telecom, retail, manufacturing, and others. The market in IT and telecom sector is likely to hold major share of the market in 2019. Businesses in this sector depend heavily on the robustness of their IT infrastructure, ensuring that all their business processes are run efficiently and safely. With the growing proliferation of smart phones and the rising penetration of mobile broadband access, the rate of cyber attacks on endpoints of telecommunications networks has increased significantly in recent years.

On the basis of region the market is divided into North America, Asia Pacific, Europe, Latin America and Middle East & Africa. North America held almost 40% share of the overall market since internet access and cell phones are rapidly proliferating. In addition, these regions are home to a significant number of main players providing innovative solutions to different markets, including transportation, BFSI, and healthcare. Asia Pacific, Latin America's and MEA emerging markets are expected to show high growth, mainly due to increased mobility in these countries.

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Table of Contents (TOC)
1. Global Endpoint Security Market Introduction
1.1. Definition and Taxonomy
1.2. Research Scope
2. Research Methodology
3. Executive Summary
3.1. Global Market Overview and Key Findings by Major Segments
4. Market Dynamics and Industry Trend Analysis
4.1. Market Dynamics
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. SWOT Analysis
4.3. PESTLE Analysis
4.4. Porter's Five Forces Analysis
4.5. Market Growth Attractiveness Analysis by Key Segments and Region
5. Competitive Landscape and Market Share Analysis by Manufacturers
5.1. Market Competition Scenario
5.2. Manufacturer Market Share
5.3. Manufacturer Intensity Map
5.4. Opportunity Orbits
5.5. Strategic Market Developments
6. Global Endpoint Security Market Value (USD Million), Share (%), Comparison by Key Segments
7. Global Endpoint Security Market Value (USD Million), Share (%), Comparison by Region
7.1. North America
7.1.1. North America Regional Market Size and Trend Analysis
7.1.1.1. U.S.
7.1.1.2. Canada
7.1.1.3. Rest of North America
7.2. Europe
7.2.1. Europe Regional Market Size and Trend Analysis
7.2.1.1. Germany
7.2.1.2. UK
7.2.1.3. France
7.2.1.4. Italy
7.2.1.5. Spain
7.2.1.6. Russia
7.2.1.7. Rest of Europe
7.3. Asia Pacific
7.3.1. Asia Pacific Regional Market Size and Trend Analysis
7.3.1.1. China
7.3.1.2. Japan
7.3.1.3. India
7.3.1.4. Australia
7.3.1.5. Southeast Asia
7.3.1.6. Rest of Asia Pacific
7.4. Latin America
7.4.1. Latin America Regional Market Size and Trend Analysis
7.4.1.1. Brazil
7.4.1.2. Mexico
7.4.1.3. Rest of Latin America
7.5. Middle East and Africa
7.5.1. Middle East and Africa Regional Market Size and Trend Analysis
7.5.1.1. Saudi Arabia
7.5.1.2. South Africa
7.5.1.3. UAE
7.5.1.4. Rest of Middle East and Africa
8. Company Profiles of Key Manufacturers
8.1. Company Basic Information
8.2. Company Overview
8.3. Financial Highlights
8.4. Product Portfolio
8.5. Business Strategy
8.6. Recent Market Developments

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