Endpoint Security
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How Large Will the Endpoint Security Market Size By 2025?
In recent times, there has been significant growth in the endpoint security market size. It is predicted to rise from $17.36 billion in 2024 to $18.58 billion in 2025, reflecting a compound annual growth rate (CAGR) of 7.0%. The growth witnessed in the historic period is due to factors such as increasing cyber threats, digital transformation, compliance obligations, the trend of working remotely, and advanced persistent threats.
How Big Is the Endpoint Security Market Size Expected to Grow by 2029?
The valuation of the endpoint security market is projected to experience considerable expansion in the coming years, with forecasts predicting a growth to $29.09 billion by 2029 and a compound annual growth rate (CAGR) of 11.9%. This anticipated increase over the forecast period can be linked to the emergence of zero-trust security models, the adoption of cloud-based endpoint security, the need for IoT security, and the development of integrated security platforms. The forecast period is likely to see upsurges in remote work, the complexity of cyber threats, endorsement of zero-trust security models, as well as the integration of artificial intelligence and machine learning, along with advancements in endpoint detection and response (EDR).
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Which Key Market Drivers Powering Endpoint Security Market Expansion and Growth?
The end-point security market is anticipated to expand owing to the escalating number of endpoints. An endpoint refers to a remote computing tool that consistently interfaces with a connected network. Such devices include smartphones, desktops, and laptops. Endpoint security functions to prevent malevolent purposes on end-user devices like personal computers, laptops, and mobile gadgets, by blocking their utilization by cybercriminals and campaigns. For example, IoT Analytics GmbH, a non-governmental organization based in Germany, reported in September 2024, that there were 16.6 billion interlinked IoT devices at the close of 2023, marking a 15% upturn from 2022. They estimated a further growth of 13% by the end of 2024 to 18.8 billion. Moreover, it is predicted that by 2030, connected IoT devices will touch 40 billion, a substantial rise from the 2023 market update. Consequently, the surge in the quantity of endpoints is propelling the growth of the end-point security market.
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Which Fast-Growing Trends Are Poised to Disrupt the Endpoint Security Market?
Leading companies in the endpoint security market are focusing on developing innovative products such as endpoint security cloud pro to boost market revenues. Endpoint security cloud pro offers organizations the opportunity to utilize advanced technology to secure complex environments with the ease of a cloud-based solution, and without the need for additional costs for specialized training. For example, in April 2022, Kaspersky Lab, a company based in Russia that delivers endpoint security solutions, introduced endpoint security cloud pro. Endpoint Security Cloud Pro incorporates an extended set of security controls and automated response measures. IT professionals can increase their cybersecurity skills and optimize the deployment of specialist security products through integrated training in the pro version. Kaspersky’s endpoint security cloud pro has a feature of endpoint detection and response, which enables managers to improve their organization’s security position by swiftly reacting to an attack and mapping its trajectory.
What Are the Emerging Segments in the Endpoint Security Market?
The endpoint securitymarket covered in this report is segmented –
1) By Component: Software, Services
2) By Deployment: On-Premise, Cloud
3) By Enterprise Size: Large Enterprises, Small and Medium Enterprises
4) By Vertical: Banking, Financial Services And Insurance (BFSI), Telecommunications And IT, Government And Defense, Healare And Life Sciences, Manufacturing, Retail And eCommerce, Other Vertical
Subsegments:
1) By Software: Antivirus And Antimalware Solutions, Endpoint Detection And Response (EDR) Software, Data Loss Prevention (DLP) Software, Mobile Device Management (MDM) Software, Threat Intelligence Solutions
2) By Services: Consulting Services, Managed Security Services (MSS), Incident Response Services, Training And Awareness Programs, Support And Maintenance Services
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Who Are the Global Leaders in the Endpoint Security Market?
Major companies operating in the endpoint security market include VMware Inc., McAfee Corp., Sophos Group plc, Palo Alto Networks Inc., Panda Security S. L., FireEye Inc., Microsoft Corporation, CrowdStrike Holdings Inc., Trend Micro Incorporated, Kaspersky Lab AO, Cisco Systems Inc., SentinelOne Inc., AVG Technologies CZ s. r. o., BlackBerry Limited, Check Point Software Technologies Ltd., Broadcom Inc., Comodo Security Solutions Inc., F-Secure Corporation, Bitdefender SRL, Webroot Inc., Malwarebytes Corporation, Cylance Inc., Fortinet Inc., SonicWall Inc., Barracuda Networks Inc., WatchGuard Technologies Inc., Proofpoint Inc., Zscaler Inc., Forcepoint LLC, Ivanti Inc.
Which are the Top Profitable Regional Markets for the Endpoint Security Industry?
North America will be the largest region in the end-point security market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the endpoint security market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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