Endpoint Security Market 2021 Insights and Business Scenario- Carbon Black Inc., Cisco Systems Inc., Cylance Inc., McAfee LLC, CrowdStrike Inc., Trend Micro Inc., Broadcom Inc

The Endpoint Security Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The endpoint security market was valued at USD 12.29 billion in 2019, and it is expected to reach a value of USD 21.64 billion by 2025, at a CAGR of 9.92 %, during the forecast period (2020- 2025). 

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Competitive Landscape:

Top Companies: Carbon Black Inc., Cisco Systems Inc., Cylance Inc., McAfee LLC, CrowdStrike Inc., Trend Micro Inc., Broadcom Inc. (Symantec Corporation), Palo Alto Networks Inc., RSA Security LLC, FireEye Inc., SentinelOne Inc., Sophos Group PLC, Microsoft Corporation, Kaspersky Lab Inc., Panda Security SL, ESET LLC, Fortinet Inc., Avast Software SRO, Bitdefender LLC

Market Overview:

Enterprise use of SaaS-based or cloud-delivered endpoint security solutions continues to increase, due to various benefits, such as cost-savings with cloud storage, computing scalability, and low maintenance requirements.
- The rising number of mobile devices and enterprise endpoints and having access to critical enterprise data have created a huge demand for endpoint security solutions in the market, which is anticipated to drive the market.
- The growing data breaches cases globally are one of the most significant factors, forcing enterprises to adopt more decentralized and edge-based security techniques, hence, driving the demand for endpoint security. After the attacker compromises an endpoint, they laterally spread to other systems and accounts until they reach their primary objective.

Scope of the Report

Endpoint security is a centralized approach for protecting all endpoints - servers, desktops, laptops, smartphones, and other IoT devices connected to the corporate IT network from cyber threats. The market is comprised of solutions that secure all endpoints in organizations, protecting against the threat, which includes malware and inbound network intrusion attempts. With the increasing number of mobiles and other touch devices, such as tablets and POS, endpoint security companies are designing software with increased management flexibility.

Industry News and Updates:

- February 2019 - Symantec, an endpoint protection platform provider, announced its acquisition of Luminate for hybrid-based security. This technology may help Symantec to extend the power of integrated cyber defense in the cloud generation with full access to protection, monitoring, and continuous visibility.
- January 2019 - Sophos reported the acquisition of DarkBytes for MDR (Managed Detection and Response services). Sophos may use their partners to deliver those managed security offerings. The quality and engineering of the DarkBytes stage are expected to quicken Sophos' arrangements to present worldwide managed security services that may eventually span endpoint, firewall, and mobile devices, wireless APs, etc.

Key Market Trends:

- North America is the major hub for all the major enterprises in the world. The expansion of the retail sector and the growth of IoT are driving the demand for smart devices and mobiles in the region.
- Moreover, due to the rising penetration of smartphones and the increasing number of online transactions, the demand for mobile device security software is expected to rise.
- Therefore, cyberattacks in North America, especially in the United States, are rising rapidly and have reached an all-time high, owing to the increasing number of connected devices in the region. In this region, due to the huge adoption of digital platforms and the growing trend of workforce mobility, data breaches are gaining more attention.
- With this rise in smart mobile devices, endpoint security becomes prominent for the organizations in the region.

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What are the market influences that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Endpoint Security Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

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