Endpoint Security Market Based on implementation, User Category, and Location - Forecast and Analysis 2021-2031

According to a new report published by Allied Market Research, titled, "Endpoint Security Market," The endpoint security market was valued at $14.56 billion in 2021, and is estimated to reach $31.9 billion by 2031, growing at a CAGR of 8.4% from 2022 to 2031.

Securing endpoint devices, such as desktop computers, laptops, and mobile devices, is crucial for safeguarding structured networks. Endpoint security technologies offer various benefits, including protection for vulnerable services, enhanced cloud and internet security, and improved data privacy and policy compliance. The significance of endpoint security has surged in recent years, becoming integral to the daily lives of individuals with smartphones, computers, and smart devices. Organizations face increased risks from organized crime, insider threats, hacking activities, and rapid digitization across sectors.

Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/8679

As the primary line of defense in cybersecurity, endpoint security is widely adopted, with businesses often considering it as the first option for securing corporate networks. The implementation of bring-your-own-device (BYOD) policies is expected to rise, driving market expansion. Additionally, the development of endpoint solutions relies on cutting-edge technologies such as cloud computing, artificial intelligence (AI), the internet of things (IoT), and connected devices. Major market players are responding to the growing demand by innovating advanced security solutions. For example, in October 2019, Symantec Corporation launched an upgraded version of its endpoint solution, offering advanced detection, protection, and response features in a unified solution.

Additionally, the growth of the endpoint security market is propelled by factors such as the rising prevalence of bring your own devices (BYOD) and an increasing number of connected devices. Nevertheless, the market expansion faces obstacles due to a shortage of skilled workers. On a positive note, the surge in the adoption of AI-enabled automated responses presents promising opportunities for the forecasted growth of the endpoint security market.

For Report Customization: https://www.alliedmarketresearch.com/request-for-customization/8679

Region wise, the endpoint security market size was dominated by North America in 2021 and is expected to retain its position during the forecast period, owing to the increased number of connected devices in use that has also increased the security risks faced by organizations. However, Asia-Pacific is expected to witness the highest growth in the upcoming years, owing to rapid growth in technologies such as AI, IoT, connected devices, cloud services is attributed to the high demand of high endpoint device protection in Asia-Pacific. Key players in the Asia-Pacific region are adapting strategies such as acquisition and collaboration to improve endpoint security market analysis.

In terms of end users, the IT and telecom segment asserted its dominance in the endpoint security market share in 2021, a trend expected to persist throughout the forecast period. This dominance is attributed to the widespread use of mobile devices among the general population. Furthermore, the utilization of sophisticated analysis tools and capabilities in endpoint security tools allows security analysts, threat hunters, and IT professionals in the IT and telecom sector to efficiently assess and thwart subsequent threats. However, the healthcare segment is anticipated to experience the highest growth in the coming years. This growth is driven by the desire to facilitate safer, faster, and more convenient interactions between medical professionals and their assistants. The healthcare industry is increasingly adopting endpoint security due to its enhanced end-to-end security for patient data, cost advantages, and user-friendly networking features.

Buy this Report at: https://www.alliedmarketresearch.com/endpoint-security-market/purchase-options

Latest Advancements:

• In April 2023, EVOTEK joined forces with Sysense, a prominent Unified Security and Endpoint Management (USEM) solution provider. The collaboration aims to deliver extensive endpoint management and security services by incorporating various Sysense solutions such as Syxsense Secure, Sysense Manage, and Sysense Enterprise. Through harnessing these advanced Sysense offerings, EVOTEK endeavors to furnish customers with upgraded endpoint management capabilities and robust security measures.

• Simultaneously, in April 2023, Trellix, a leading player in cybersecurity specializing in extended detection and response (XDR), unveiled its latest offering-the Trellix Endpoint Security Suite. This comprehensive suite of products and advanced features is crafted to empower Security Operations Center (SOC) analysts with heightened visibility and control in a unified interface. The Trellix Endpoint Security Suite enables proactive securing of all endpoints, ensuring superior protection against cyber threats. The suite, consolidating management into a single pane of glass, equips analysts with tools for effective monitoring and safeguarding of endpoints.

• Furthermore, in April 2023, IBM introduced its newest security suite, aiming to elevate and streamline the experience of security analysts throughout the entire incident lifecycle. Branded as the IBM Security QRadar Suite, this comprehensive offering signifies a notable evolution and expansion of the QRadar brand. Encompassing crucial technologies such as threat detection, investigation, and response, the suite reflects substantial investments in innovation across the entire portfolio. The IBM Security QRadar Suite empowers security analysts with unified and accelerated workflows, enhancing their ability to detect, investigate, and respond to threats with greater efficiency.

Access the full summary at: https://www.alliedmarketresearch.com/endpoint-security-market-A08314

Some of the prominent players in the global endpoint security market include:

• Broadcom
• Trend Micro Incorporated
• Sophos Ltd.
• Microsoft
• AO Kaspersky Lab
• Panda Security
• F-Secure
• IBM Corporation
• McAfee, LLC.
• ESET, spol. s r.o.
• Cisco Systems, Inc.
• Bitdefender

Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, Europe, or Asia.

If you have any special requirements, please let us know and we will offer you the report as per your requirements.

Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll-Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn Twitter

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.

AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, researchers, and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients' requirements is complemented with analyst support and customization requests.

This release was published on openPR.