Industry Background:
The rising number of enterprise endpoints and mobile devices having access to critical enterprise data has created a huge demand for terminal security solutions in the market, which is anticipated to drive the market. According to IBEF, India’s IT and ITeS industry grew to USD 181 billion in 2018-2019. According to data released by the Department of Industrial Policy and Promotion (DIPP), the computer software and hardware sector, in India, attracted cumulative Foreign Direct Investment (FDI) inflows worth USD 35.82 billion between April 2000 to December 2018. This calls for an increased demand for endpoint detection and response tools, as the number of manufactures of hardware is set to increase.This growth is primarily driven by Increasing instances of enterprise terminal targeted attacks and The emerging trend of virtualization is projected to affect terminal security.
Globally, a noticeable market trend is evident Need to mitigate IT security risks
. The Internet Software & Services sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Microsoft (United States), CrowdStrike (United States), Symantec (United States), TrendMicro (Japan), Sophos (United Kingdom), McAfee (United States), Kaspersky (Russia), Carbon Black (United States), SentinelOne (United States) and ESET (Slovakia) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 22nd March 2019, Microsoft launched Microsoft 365 advanced endpoint security solution for macOS. The initial launch involves a limited public preview and a new user interface meant to provide Mac users with the same experience currently available to Windows 10 users.
Market Drivers
- Increasing instances of enterprise terminal targeted attacks
- The emerging trend of virtualization is projected to affect terminal security
Market Trend
- Need to mitigate IT security risks
- Rising enterprise mobility trends across organizations
Restraints
- High cost of innovation and budget constraints
- Lack of awareness regarding internal and external threats
Opportunities
The rise in the adoption of hosted Endpoint Detection and Response solutions and Increasing demand for integrated and next-generation security solutions
Challenges
Addressing the complexity of advanced threats and Dynamicity of organizations and IT infrastructure
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Terminal Security Study Sheds Light on
The Terminal Security Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Terminal Security industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Terminal Security industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.