Endpoint Protection Platform Market Set to Reach $8.64 Billion by 2029 with 11% Yearly Growth

What Is the Estimated Market Size and Growth Rate for the Endpoint Protection Platform Market?
The market size of endpoint protection platforms has seen a significant surge in the past few years. The market is anticipated to expand from $5.17 billion in 2024 to $5.74 billion in 2025, experiencing a compound annual growth rate (CAGR) of 11.1%. Factors contributing to this growth during the historic period include the rise in remote working, elevated investments in cybersecurity, an increase in advanced persistent threats, heightened emphasis on safeguarding critical infrastructure, and a growing number of zero-day vulnerabilities.

The market size of the endpoint protection platform is predicted to undergo swift expansion in the coming years, escalating to $8.64 billion in 2029 with a compound annual growth rate (CAGR) of 10.7%. The charge in growth during the forecasted timeline can be credited to the surge in cyberattacks, augmented enterprise security, the growth of small and medium-scale enterprises, an increased number of interconnected IoT devices, and a rise in mobile device utilization. The period will also witness major trends like technological progress, AI integration, preference for cloud-based EPP, the application of zero trust security models, and IoT devices.

What Are the Forces Behind the Rapid Growth of the Endpoint Protection Platform Market?
The surge in cyberattacks is anticipated to fuel the expansion of the endpoint protection platform market in the coming years. Cyberattacks, which are destructive operations carried out by individuals, collectives, or corporations to infiltrate, impair, or illicitly access computer systems, networks, or information, are on the rise. This can be attributed to the acceleration of digital conversion, the refinement of attack techniques, the increasing worth of data, software and system vulnerabilities, and a deficiency in cybersecurity consciousness. An endpoint protection platform is pivotal in warding off cyberattacks by providing a multi-faceted security strategy encompassing detection, prevention, response, and rectification. For example, in November 2023, as reported by the Department of Defense, a government department based in Australia, Australia recorded over 94,000 cybercrime reports during the financial year of 2022-2023 - a hike of 23% from 2021-2022. Hence, the escalating number of cyberattacks is facilitating the growth of the endpoint protection platform market.

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Who Are the Dominant Companies Influencing Endpoint Protection Platform Market Trends?
Major companies operating in the endpoint protection platform market are Microsoft Corporation, Oracle Corporation, Honeywell International Inc., Broadcom Inc., Palo Alto Networks Inc., Fortinet Inc., OpenText Corporation, Check Point Software Technologies Ltd., Trellix Inc., McAfee Corp., CrowdStrike Holdings Inc., Elastic N.V., FireEye Inc., Sophos Group plc, ESET spol. s r.o., Netskope Inc., Qualys Inc., Acronis International GmbH, SentinelOne Inc., VMware Carbon Black Inc., F-Secure Corporation, Amazon Web Services Inc., Deep Instinct Ltd., Comodo Group Inc., AppGuard Inc., Emsisoft Ltd., Kaspersky Lab ZAO

What Are the Emerging Trends in the Endpoint Protection Platform Industry?
Prominent organizations in the endpoint protection platform market are concentrating on formulating sophisticated security solutions like cloud-managed service provider (MSP) security solutions. The aim is to elevate threat identification, accelerate response rates, and offer comprehensive security coverage. Cloud-managed service provider (MSP) security solutions encompass wide-ranging security services and technologies that a managed service provider (MSP) deploys to secure cloud-based settings. These solutions aid enterprises in securing their cloud framework, apps, and data against various cyber threats and maintain compliance with sector norms and regulations. In March 2024, Bitdefender, a cybersecurity enterprise based in Romania introduced its GravityZone Cloud MSP Security Solutions. This is an all-inclusive cybersecurity platform specifically architectured for managed service providers (MSPs). It amalgamates various levels of advanced threat prevention and detection technologies such as next-generation antivirus (AV), endpoint detection and response (EDR), and managed detection and response (MDR) services within a single security structure. The GravityZone Cloud MSP security solutions is offered in several tiers - Secure, Secure Plus, and Secure Extra. Each level offers premier security protection, with plans designed to address MSP customers' unique needs, compliance prerequisites, and budget restrictions.

What Are the Different Segmentations in the Endpoint Protection Platform Market?
The endpoint protection platform market covered in this report is segmented -

1) By Offering: Platform; Services
2) By Enforcement Point: Workstations; Mobile Devices; Server; Point Of Sale (POS) Terminals; Other Enforcement Points
3) By Deployment Mode: On-Premise; Cloud; Hybrid
4) By Organization Size: Large Enterprises; Small And Medium Enterprises (SMEs)
5) By Vertical: Banking, Financial Services, And Insurance (BFSI); Healthcare; Government; Information Technology And Information Technology Enabled Services; Telecommunication; Manufacturing; Retail And E-commerce; Energy And Utilities; Education; Other Verticals

Subsegments:
1) By Platform: Antivirus And Anti-malware Platforms; Endpoint Detection And Response (EDR) Platforms; Mobile Device Management (MDM) Platforms; Cloud Security Platforms For Endpoints; Next-Generation Antivirus (NGAV) Platforms; Data Loss Prevention (DLP) Platforms; Threat Intelligence and Security Information and Event Management (SIEM) Platforms
2) By Services: Managed Endpoint Protection Services; Endpoint Security Consulting Services; Incident Response And Forensics Services; Vulnerability Assessment And Penetration Testing; Cloud-Based Endpoint Security Services; Security Training And Awareness Services; Compliance And Regulatory Services

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Which Region Is at the Forefront of the Endpoint Protection Platform Market?
North America was the largest region in the endpoint protection platform market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the endpoint protection platform market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Endpoint Protection Platform Global Market Report?

- Market Size Analysis: Analyze the endpoint protection platform Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the endpoint protection platform Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the market.
- Market Contribution: Evaluate contributions of different segments to the overall endpoint protection platform market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the endpoint protection platform market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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