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Telecom Endpoint Security Market - Global Industry Analysis and Forecast 2019

09-20-2016 09:36 AM CET | IT, New Media & Software

Press release from: TMR - R_Research

Telecom endpoint security is a method for network protection that involves all the computing equipment on a network to adhere with certain standards before the permission of network access is allowed. Endpoints in such a case includes smart phones, laptops, PCs, tablets, remote devices, point of sale(POS) terminals and specialized devices such as bar code readers.

Global telecom endpoint security market is expected to witness single digit growth rate over the forecast period. One of the key factors contributing to the growth of this market is the rapid adoption rate of innovative technology across different industry verticals. Evolving policies of security solutions is another factor driving growth in this market. The market is having huge opportunities as a result of increasing demand by users for integrated security sets and increased adoption and growing investment in the telecom sector.

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Some of the key drivers of this market include increasing focus on the rapid adoption rate of innovative technology, strict government regulations and fluctuating security standards will continue driving the market growth. Growing figure of mobile workers in companies, complexity in cyber security intrusions and threats and BYOD model implementation are factors which further drives the market. There is also an increase in usage of network-based applications, which require the application of background authentication and security processes. Although there are many factors contribution to the growth of the market, data thefts, the increasing cyber-attacks, and the rise in spamware and malware attacks are some of the factors hindering the growth of the market.

The telecom endpoint security market is segmented on the basis of technology and services, industry verticals and geography. Technology and services segment includes Antivirus, antispyware, anti-malware, mobile device development, personal IPS/IDS, personal firewall, mobile application management, behavioral blocking software, endpoint encryption and configuration and patch management. Furthermore, the industry verticals segment consist of information technology (IT), Business, finance services and insurance (BFSI), healthcare, government, telecommunication, retail, energy and utilities, consumer goods, life sciences, manufacturing, education and such other industrial verticals.

In addition, the market can also be segmented geographically into North America, Asia Pacific, Europe and Rest of the World regions. Some of the key players in the telecom endpoint security market are McAfee, Inc., Kaspersky Lab ZAO, Symantec Corporation, AVG Technologies, Check Point Software Technologies Ltd.,CA Technologies, IBM Corp., Cisco Systems Inc, Panda Security, Sophos Ltd. and LG telecom among others.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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