Endpoint Security Market Scope
End Point Security (EPS) is an umbrella term that encompasses functions such as monitoring patch management, regular monitoring and managing of intrusion detection systems & firewalls, conducting security assessments & audits, and forecasting and responding to threats. Many organizations usually outsource such services due to the lack of in-house resources or expertise and the need for the management of security after the usual office operating hours as well.
According to AMA, the Global Endpoint Security market is expected to see growth rate of 11.79% and may see market size of USD19.18 Billion by 2026.
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Endpoint Security market throughout the predicted period.
Symantec (United States), McAfee (United States), FireEye Inc. (United States), Trend Micro (Japan), AVG Technologies (Czech Republic), Sophos (United Kingdom), Kaspersky Labs (Russia), Bitdefender (Romania), F-Secure (Finland), Eset (Slovakia) and Panda Security (Spain) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Avast (Czech Republic), CrowdStrike (United States), Cylance (United States), VIPRE Security (United States) and Comodo (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Endpoint Security market and Region with country level break-up.
On the basis of geography, the market of Endpoint Security has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
In June 2018, FireEye and Gigamon announced global partnership to improve security Effectiveness and efficiency for joint Customers.
In October 2017, McAfee announced the integration of advanced analytics to increase the efficiency of security operation center and protect endpoints and cloud. These advancements are focused on capturing end-user applications, which are critical in nature, by employing, both, machine learning and artificial intelligence. These factors will increase the accuracy and confidence of investigations, by automating data collection and empowering security analysts to fully assess threats in less time.
California Consumer Privacy Act (CCPA) is passing a law for protection of data in the United States which will be effective from January, 2020. It is expected to be the country’s highest commendable security and privacy law. Also, SEC is taking risk prohibiting steps to overcome breaches in financial sectors specific to public listed companies to increase risk assurance. European Union laws (GDPR) is taking important measures to protect data privacy and is expected to impact ~4% of global annual sales.
Market Trend
- Increasing Trend of Encrypted Network and Decrypting Packets as they Traverse Networks
- Rapidly Growing Adoption of IoT and Smartphone in Asia Pacific
- Rising Adoption rate of Cloud Applications
Market Drivers
- Increasing Cyber Attack Risk for Personal Devices
- Inclination of Organizations towards Managed Security Services
- Surging Concern Regarding the Level of Mobile Protection
Opportunities
- Rising Innovations in Technology and Rising Awareness regarding Cyber Theft
Restraints
- Increasing cyber attack and data breaches across the globe
Challenges
- Lack of Awareness in Emerging Economies
Key Target Audience
Technology providers, Universities and research organizations, System integrators, AI solution providers, AI platform providers, Cloud service providers, AI system providers, Investors and venture capitalists and Others