Cloud Endpoint Protection Market 2021 Advance Technology and New Innovations to 2025

Cloud Endpoint Protection Market - Growth, Trends, and Forecasts (2020 - 2025)

The report will make detailed analysis mainly on in-depth research on the development environment, Market size, development trend, operation situation and future development trend of Cloud Endpoint Protection Market on the basis of stating current situation of the industry in 2021.

This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. The rapidly changing market scenario and initial and future assessment of the impact is covered in the report. It offers critical information pertaining to the current and future growth of the market.

The Cloud End-point Protection Market is expected to reach a CAGR of 12.3% during the forecast period. 

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Competitive Landscape

The cloud endpoint security market is highly fragmented owing to the presence of several vendors based on all scale, i.e., small-scale, regional, and large multi-national scale. Due to intense market rivalry, all players are focusing on making unique value prepositions and product differentiation.
- In February 2020, Cisco announced the launch of a new security product called Secure-X. The product offers features such as unified visibility, automation, playbooks, managed threat hunting, and fast time to value._
- In February 2020, Kaspersky signed a partnership with Arctic Security. Through this collaboration, Kaspersky Threat Data Feeds are now available on Arctic Securitys Arctic Hub platform allowing organizations with Security Operation Center and managed security service and internet service providers to obtain the most up-to-date and relevant information about cyber threats._

The rapidly increasing connected devices, adoption of the BYOD trend, and other mobility solutions are expected to drive the adoption of cloud endpoint security solutions even further. Bring Your Own Device (BYOD) has emerged as a significant trend in this new era of flexibility and network accessibility for employees working around the globe for various organizations, making the workplace more productive.
- According to Cisco, enterprises with a BYOD policy in place saves on average USD 350 per year, per employee. Moreover, reactive programs can boost these savings to as much as USD 1,300 per year, per employee. For Small to Medium Businesses (SMBs), these cost savings can add up fast and can enable these SMBs to protect their bottom line better while improving employee productivity._
- The vendors offering security solutions are actively looking forward to collaborating their answers with other managed security services providers. For instance, in January 2020, one of the critical providers of endpoint security, SentinelOne, announced the partnership with CriticalStart for integrating its endpoint protection capabilities into SentinelOnes EDR services. This has enabled the companys endpoint protection platform to centralize, ingest, and correlate security logs. Such partnerships are expected to continue in the future.
- Cyber attacks such as phishing attacks are on the rise during the ongoing corona virus pandemic, In February 2020, WHO has published a statement stating that hackers and cyber scammers are sending fraudulent email and WhatsApp messages that attempt to trick people into clicking on malicious links or opening attachments and has also mentioned not to share personal information such as usernames, passwords as well as not to click on any links posing as WHO which tend to offer jobs, ask for registration or payment through any means.
- This crisis has also exposed companies to scenarios where their IPs are at risk as many of the organizations might not have a cyber protection policy in place and therefore rely on the conduct of their employees, working remotely either on office laptops or personal laptops with/without free antivirus packages. Factors such as these are expected to grow the market for the cloud endpoint protection market globally.

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Key Market Trends: 

Healthcare Segment is Expected to Hold a Major Share
- The use of the cloud in the health industry has grown, bringing with it its obstacles. Further, the cloud can create the network past the point of visibility and, thus, security. Additionally, healthcare features numerous kinds of devices, all of which need protection. These can include medical devices, personal computers, vendor-supplied computers, and the Internet of things (IoT). After all, any of these devices could provide a gateway into a business' network. _
- The data from various devices often contain sensitive medical information that's being shared between healthcare professionals, including medical imaging data, transcriptions, prescriptions, and more, and typically needs to be vetted by several different individuals (physicians, employers, claims processors, etc.) to determine protocols and procedures._
- Moreover, data from the artificial intelligence endpoint protection platform SentinelOne shows that from February 23 to March 16, with the onset of the Coronavirus outbreak, there was an upward trend of attempted attacks with peaks at 145 threats per 1,000 endpoints, compared to 30 or 37 at the start of that period._
- Modern healthcare cloud endpoint protection often feature patch management and other endpoint management capabilities along with traditional capabilities like antivirus protection that cater to the healthcare sector. The cloud endpoint protection is being incorporated by many healthcare industry players, alerting their IT security team when a device doesn't have a security patch or if it uses outdated information. It further helps them schedule a time to automatically download or update the patch when it doesn't interfere with business processes. This helps ensure a consistent security layer. _

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