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Endpoint Security Market Outlook 2024 to 2034: Growth Insights with Cisco Systems Inc., Fortinet Inc., Palo Alto Networks, Trend Micro Inc., AO Kaspersky Lab, Sophos Ltd., Others

08-01-2025 09:18 AM CET | Media & Telecommunications

Press release from: Factmr

Endpoint Security Market Outlook 2024 to 2034: Growth Insights

The global endpoint security market, valued at USD 14.61 billion in 2024, is projected to reach USD 35.15 billion by 2034, growing at a robust CAGR of 9.2%, according to a new report by Fact.MR. Driven by the rise of bring-your-own-device (BYOD) trends, increasing cyberattacks, and advancements in AI and IoT, the market is witnessing significant growth. Leading players such as Cisco Systems Inc., Fortinet Inc., Palo Alto Networks, Trend Micro Inc., AO Kaspersky Lab, and Sophos Ltd. are driving innovation to address evolving cyber threats.

Browse Full Report: https://www.factmr.com/report/endpoint-security-market

Market Valuation and Growth Projections

The endpoint security market is experiencing steady expansion, with a 9.2% CAGR from 2024 to 2034, adding over USD 20.54 billion in market value. The SaaS-based deployment segment dominates with a 76.2% share in 2024, growing at a 9.5% CAGR, driven by its scalability and ease of deployment. The market's growth is fueled by the increasing adoption of connected devices, the surge in cyber threats, and the shift to remote work, which has amplified the need for robust endpoint security solutions.

Key Market Drivers

The growing BYOD trend, accelerated by the COVID-19 pandemic's work-from-home shift, is a primary driver, as organizations seek to secure diverse endpoints. The proliferation of IoT devices, rising adoption of AI in cybersecurity, and demand for adaptive security solutions are key trends boosting market growth. Additionally, small and medium enterprises (SMEs) are increasingly investing in cybersecurity, with demand projected to grow at a 9.6% CAGR. High investments in advanced endpoint security software and growing digitalization in sectors like banking, healthcare, and manufacturing further propel the market.

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Competitive Landscape and Key Players

The endpoint security market is highly competitive, with key players focusing on acquisitions, AI integration, and innovative solutions. Recent developments include:
• Palo Alto Networks: In November 2023, acquired Talon Cyber Security, an Israeli start-up, to enhance its endpoint security offerings for SaaS applications.
• Lookout Inc.: Acquired CipherCloud in March 2021, developing a comprehensive end-to-end platform for securing data from cloud to endpoints.
• Grip Security: Raised USD 41 million in a Series B funding round in August 2023 to bolster R&D and expand its SaaS-focused endpoint security solutions in the U.S.
• Huntress: Secured USD 60 million in a Series C funding round in May 2023, led by Sapphire Ventures, to fuel international expansion.
• SentinelOne Inc.: Launched a USD 100 million S Ventures fund in September 2022 to support cybersecurity start-ups, fostering innovation in endpoint security.

These companies compete on AI-driven threat detection, cloud-based solutions, and strategic partnerships to maintain market leadership.

Regional Market Dynamics

East Asia leads with a 36.5% market share (USD 5.33 billion in 2024), driven by China (USD 3.15 billion, 9.5% CAGR) due to rapid 5G infrastructure development and growing digitalization. Japan follows with a 10.2% CAGR, fueled by IoT adoption. North America, with a 79.5% share in the region by 2034, is led by the United States (USD 3.4 billion in 2024, 8.1% CAGR), driven by early adoption of advanced cybersecurity solutions and the presence of major players. Europe, particularly Germany and the UK, sees steady growth due to stringent data protection regulations, while South Asia & Oceania and Middle East & Africa are emerging markets with increasing cybersecurity investments.

Segmentation Insights

The market is segmented by deployment type (On-premise, SaaS), end user (SMEs, Large Enterprises), and vertical (Banking, Discrete Manufacturing, Government Agencies, Process Manufacturing, Healthcare, Telecommunication, Energy & Utilities, Investment Services, Others). SaaS-based solutions lead with a USD 11.14 billion valuation in 2024, driven by their scalability. Large enterprises dominate with a 77.3% share (USD 11.29 billion), propelled by the BYOD trend and rising cyber threats. The banking sector is a key vertical, driven by high data security needs.

Request a Sample of this Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=9458

Industry Trends and Innovations

The market is shaped by AI and machine learning integration, enabling real-time threat detection and response. Cloud-based endpoint security is gaining traction due to its flexibility, while IoT security solutions address the growing network of connected devices. Innovations like Aiden's intelligent endpoint management (launched in December 2021), which reduces threat exposure by 97%, highlight the focus on automation and compliance. Start-up incubation programs, such as SentinelOne's S Ventures, are fostering innovation, while sustainability in cybersecurity solutions is emerging as a priority.

Challenges and Future Outlook

Challenges include the high cost of advanced solutions, complexity of integrating with legacy systems, and a shortage of skilled cybersecurity professionals. Despite these, the market's future is promising, driven by increasing cyberattacks, global digitalization, and regulatory pressures for data protection. Emerging markets like China and India, coupled with advancements in AI-driven security and cloud solutions, will sustain robust growth through 2034.

Check Out More Related Studies Published by Fact.MR:

Cybersecurity Market
https://www.factmr.com/report/cyber-security-market

Adaptive Security Market
https://www.factmr.com/report/adaptive-security-market

Contact:
Fact.MR
US Sales Office:
11140 Rockville Pike, Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com

About Fact.MR
We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.

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