Global Endpoint Protection Platform Market Projected to Surpass $8.64 Billion by 2029 with 10.7% Annual Growth

How Are the key drivers contributing to the expansion of the endpoint protection platform market?
The growth of the endpoint protection platform market is predicted to be driven by a surge in cyberattacks. Cyberattacks, which are unauthorized, malicious attempts by individuals, groups, or organizations to breach, damage, or gain unauthorized access to computer systems, networks, or data, are on the rise. This increase can be attributed to the expansion of digital transformation, the sophistication of attack techniques, the increased worth of data, software and system vulnerabilities, and a shortfall in cybersecurity awareness. An endpoint protection platform plays a vital role in combating cyberattacks by providing a comprehensive approach to security that encompasses detection, prevention, response, and remediation. For example, in November 2023, the Department of Defense, a department of the Australian government, reported that Australia received in excess of 94,000 cybercrime reports during the fiscal year 2022-2023. This represents a 23% growth from the previous fiscal year 2021-22. As such, the escalating frequency of cyberattacks is stimulating the expansion of the endpoint protection platform market.

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What growth opportunities are expected to drive the endpoint protection platform market's CAGR through 2034?
The market size for the endpoint protection platform has seen a significant increase in the past few years. It's predicted to escalate from $5.17 billion in 2024 to $5.74 billion in 2025, representing an 11.1% compound annual growth rate (CAGR). This progression during the historic period can be credited to the surge in remote work, enhanced cybersecurity investments, the rise in advanced persistent threats, concentrated efforts to shield critical infrastructures, and a growing count of zero-day vulnerabilities.

In the coming years, the market size of the endpoint protection platform is anticipated to witness a fast-paced growth, scaling up to $8.64 billion by 2029 with a compound annual growth rate (CAGR) of 10.7%. This substantial increase in the predicted period could be largely due to the surge in cyber attacks, intensifying enterprise security, rising number of small and medium-scale businesses, an increase in the number of interconnected IoT devices, and a higher usage rate of mobile devices. The forecast period is expected to see key trends such as technological evolutions, the inclusion of AI, the adoption of cloud-based EPP, the zero trust security systems, and the prevalence of IoT devices.

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What are the emerging trends shaping the future of the endpoint protection platform market?
Leading firms in the endpoint protection platform market are zeroing in on the establishment of sophisticated solutions like cloud-managed service provider (MSP) security tools. These tools are designed to bolster threat detection, augment response times and guarantee all-encompassing security coverage. Cloud-managed MSP security solutions encapsulate the all-embracing security technologies and services that a managed service provider (MSP) provides to defend cloud-based environments. These solutions aid companies in protecting their cloud framework, applications, and data from a variety of cyber threats, whilst also assuring adherence to industry norms and regulations. Take for example, in March 2024, Bitdefender, a cybersecurity firm from Romania, introduced GravityZone Cloud MSP Security Solutions. This platform is an all-inclusive cybersecurity solution specifically crafted for managed service providers (MSPs). It amalgamates various stages of advanced threat deterrence and detection solutions, such as next-generation antivirus (AV), endpoint detection and response (EDR), and managed detection and response (MDR) services, all under a unified security infrastructure. GravityZone Cloud MSP security solutions are available in assorted tiers: Secure, Secure Plus, and Secure Extra. Each tier offers first-rate security protection, with options tailored to accommodate the specific needs, compliance obligations, and budget restrictions of MSP clients.

Which growth-oriented segments of the endpoint protection platform market are leading the industry's development?
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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What regions are leading the charge in 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 companies are at the forefront of innovation in the endpoint protection platform market?
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

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

•Market Size Forecast: Examine the endpoint protection platform market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the endpoint protection platform market for a structured understanding.
•Key Players Overview: Analyze major players in the endpoint protection platform market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the endpoint protection platform market.
•Segment Contributions: Evaluate how different segments drive overall growth in the endpoint protection platform market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the endpoint protection platform market.
•Industry Challenges: Identify potential risks and obstacles affecting the endpoint protection platform market.
•Competitive Landscape: Review strategic developments in the endpoint protection platform market, including expansions, agreements, and new product launches.

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