Endpoint Security Market : Economic growth has led to increasing cyber threats faced by companies (2016 - 2024)

Endpoint security is a methodology used to protect each endpoint of the network created by remote or mobile devices. Endpoint security includes security software, centralized server or gateway within network as well as client software. Endpoint security is increasingly used as IT security function and helps to efficiently manage risk. Simplest form of endpoint security includes antivirus softwares or firewalls among others. Additionally, endpoint security has evolved to include intrusion detection mechanism with behavior blocking component.

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Economic growth has led to increasing cyber threats faced by companies. Modern threats include compromised devices, rootkits, malicious web pages, and phishing among others. Hence, new cyber threats drive the endpoint security market. Additionally, increasing adoption of “bring your own devices” has made enterprise networks more vulnerable to malwares and cyber threats. As a result, companies across the globe are employing technologies to improve the management of security operations. However, the major restrain of endpoint security market includes lack of knowledge about specialized and customized end point security products and availability of free competitive products. The major opportunity of endpoint security lies in cloud based solutions. As cloud infrastructures are growing rapidly organizations are concerned about security of devices that store and process data. Hence, cloud providers are increasingly partnering with endpoint security providers. Additionally, endpoint security market is expected to grow strongly if service providers continue to make security smarter.

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Various types of endpoint security technologies and solutions are endpoint encryption, mobile application management, mobile device management, behavioral blocking software, patch and configuration management, firewall and antispyware, antimalware and antivirus. The key players of endpoint security market include Kaspersky Lab, Fortinet Inc., ESET, Check Point Software Technologies Inc., Sophos, Symantec Corporation, Trend Micro Inc., AVG Technologies and McAfee Inc. among others.

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