Endpoint Security Market to close to US$27.83 bn with CAGR of 11.20% by 2027|Symantec, Sophos and more

Endpoint Security Market 2022

The global Endpoint Security Market to poised to grow atrociously in the subsequent decade. Artificial Intelligence is expected to have an indelible impact on the day-to-day functionalities. It has already made a beeline to speech and image recognition, smartphone personal assistants, navigation apps, ride-sharing apps, and likewise. This would also help in generating greater employment opportunities. This would be the scene with ICT vertical in the forecast period.

As per the research study, the global end-point security market will present an opportunity of over US$11.9 bn by 2017 end. Further, the market is expected to report a rise at an exponential CAGR of 11.20% over the period from 2017 to 2027 and attain a value of US$27.83 bn by the end of the period of the forecast.

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According to a new study by Persistence Market Research (PMR), the competitive landscape prevalent in the global end-point security market is characterized by the rivalry between the leading vendors, such as Symantec, Trend Micro, Sophos, Intel, IBM, Microsoft, Checkpoint Software, Kaspersky Lab, Cisco, Palo Alto Network, Ivanti, AVAST Software, RSA, Longview Solutions, Promisec, Fortinet, G2 Crowd, Lookout, Klogix Security, and Doyen infosolutions. With the increasing number of new entrants, the competition within this market likely to intensify further, states the research report.

 Key Players:

The report has profiled some of the Important players prevalent in the global like - Symantec, Sophos, Trend Micro, Intel, Microsoft Corporation, IBM Corporation, Checkpoint Software, Cisco System Inc., Kaspersky Lab, Palo Alto Network, AVAST Software, Ivanti, RSA, Longview Solutions, Fortinet, Promisec, G2 Crowd Inc., Klogix Security, Lookout Inc., Doyen infosolutions Pvt Ltd. and more.

This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Endpoint Security.                              

Rising Demand for Advanced Security Solutions to Boost Global End-point Security Market

"The global market for end-point security is witnessing tremendous growth, thanks to the continuous demand for advanced security solutions," says a PMR researcher. The rising requirement to update security solutions regularly is anticipated to boost the demand for end-point security solutions in the years to come.

Apart from this, the increasing awareness among consumers pertaining to the ransom-ware attacks is also projected to trigger the need to install efficient end-point security solutions to safeguard their businesses over the next few years. However, the high cost associated with these security solutions and the dearth of awareness among end users in emerging economies pertaining to their benefits may restrict this market from growing smoothly in the near future, notes the study.

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North America to Lead Global End-point Security Market

The research report also offers a geographical assessment of the global end-point security market. As per the study, the Middle East and Africa, Latin America, Europe, Asia Pacific, and North America are the prominent regional markets for end-point cyber security across the world. North America, among all, is anticipated to lead the worldwide market for end-point security in the near future, with revenues increasing to US$12.30 bn by 2027. The government-led initiatives to fight against security threats are likely to promote the usage of end-point security solutions in this region over the next few years, reflecting positively on this market.

Key Stakeholders
Endpoint Security Market Manufacturers
Endpoint Security Market Distributors/Traders/Wholesalers
Endpoint Security Market Subcomponent Manufacturers
Industry Association
Downstream Vendors

The global end-point security market is segmented into:

By Deployment Type

On-premise
SaaS

By End User

Small and Medium Enterprise (SMB)
Large Enterprise

By Vertical

Banking
Discrete Manufacturing
Government Agencies
Process Manufacturing
Healthcare
Telecommunication
Energy and Utilities
Investment Services
Others

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Key Questions Answered in This Report.

What will the Market growth rate in Future?
What are the key factors driving the global Market?
Who are the key manufacturers in Market space?
What are the opportunities and threats faced by the vendors in the global industry?
What are sales, revenue, and price analysis by regions of industry?

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