Endpoint Security Market ; Eminent Players – AhnLab, Inc., Avira Operations GmbH & Co. KG., Bitdefender, Carbon Black, Inc., Check Point Software Technologies Ltd., Cisco Systems, Inc., Comodo Group, Inc., Cylance Inc., ESET, spol. s.r.o., FireEye Inc.,

What are the major growth enablers driving endpoint security market outlook over 2026?

The endpoint security market is projected to witness noteworthy gains on account of surging adoption of end-user gadgets like laptops & smartphones that require strong network security. Rising instances of cybercrimes have inspired organizations to install robust endpoint security solutions. In a bid to keep up with the evolving technological landscape, industry participants are constantly developing new and advanced security platforms to detect complex threats within no time.

Endpoint security solutions offer a solid framework to protect multiple computing applications. It manages, controls, and discovers computing gadgets that require access to a secured enterprise network. These technologies have become a standard requirement in large-scale organizations that handle their operations digitally. Considering these aspects, Global Market Insights, Inc., estimates that the endpoint security market might touch USD 15 billion by the end of 2026.

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Escalating demand for privacy and secured connectivity of enterprise networks to process critical and sensitive data could stimulate the demand for endpoint security solutions. Its functional ability to secure user gadgets like laptops, smartphones, and desktop could prove beneficial to enhance its adoption across diverse industry verticals.

What are the benefits of mobile device security solutions?

Over the past few years, mobile device security demand across large organizations has seen exponential growth. This can be attributed to the shifting trend towards adopting portable devices like smartphones and laptops. Forecasters claim that the mobile device security segment could attain a compound annual growth rate of almost 12% within the predicted timeframe.

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Mobile devices are encountering a significant rise in cyber-attacks as more organizations promote large-scale adoption of the BYOD practice. With the help of solid endpoint security software, these devices would be able to enjoy optimum security over enterprise networks and would be able to quickly receive urgent alerts in case a vulnerability is detected.

How has the COVID-19 pandemic impacted the North America endpoint security market?

North America is regarded as a promising region for the endpoint security industry and is anticipated to control more than 45% of the global market share by 2026. This growth can be contributed to the wide-spread adoption of innovative business practices like work from home and BYOD.

With increasing cases of COVID-19, a major section of the workforce has decided to adopt remote business methods like work from home and remote operations to curb the spread of the virus. However, adoption of practices like BYOD comes with its specific sets of challenges. Organizations have to take extra precautions to minimize data leaks and cyberattacks as they usually don’t have complete control over these remote devices.

Which business strategies are being incorporated by major industry players?

Companies operating in the endpoint security industry are shifting their efforts on developing new and advanced security solutions to address increasing cases of cyber-attacks. Security vendors are working on forming strategic relationships to develop new and advanced solutions to keep up with the technological evolution. Taking August 2020 for instance, Google Cloud and Tanium extended their alliance to help businesses drive security transformation in the current distributed IT era.

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

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.

This release was published on openPR.