Endpoint Security Market growth is propelled by rise in the incidents of massive cyber-attacks on government and private IT networks around the world | Key Players are Major Venders are Cisco, IBM, McAfee, Kaspersky Lab, Microsoft, Symantec, VIPRE

Endpoint Security Market, tagged as a revolutionary subset of the smart technology space, seems to have garnered the status of a niche vertical in the recent years. This growth can be precisely attributed to the fact that malware attacks have gained ferocity in stealing identities, draining bank accounts and generally bringing services to a standstill. In May 2017 for instance, a colossal cyberattack sealed down files and badly affected businesses, government bodies and the National Health Service of UK. Unfortunately, NHS back then, was still using an outdated version of the Windows operating system, the consequence of which led to MHS paying a heavy ransom in the form of bitcoins to retrieve the files.

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Endpoint Security Market growth is attributed to the rise in the incidents of massive cyber-attacks on government and private IT networks around the world, potentially threatening national security and the privacy of critical public information. Due to frequent cyber-attacks, such as Shadow Brokers, WannaCry, and Petya, government and private organizations are increasingly deploying security solutions to protect their IT infrastructure. Also, with the growing popularity of the BYOD among enterprises around the world, the need to secure different types of mobile devices used in enterprise networks is leading to the rapid deployment of antivirus/antimalware solutions by organizations worldwide.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

• F-Secure
• Webroot
• Sophos
• Ahnlab
• IBM
• Symantec
• Bitdefender
• Cisco
• McAfee
• ESET Microsoft
• Kaspersky Lab
• VIPRE
• Trend Micro
• Panda Security
• Comodo

Chapter 1. Methodology & Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Scope, definition and research parameters
1.2. Data Sources
1.2.1. Primary
1.2.2. Secondary
Chapter 2. Executive Summary
2.1. Endpoint security industry 360º synopsis, 2013 - 2024
2.1.1. Region trends
2.1.2. Component trends
2.1.3. Deployment model trends
2.1.4. Application trends

The growing popularity of the BYOD trend in organizations around the world is also majorly contributing to the increased threat to enterprise networks for endpoint attacks. Tablets and smartphones have different capabilities, management interfaces, and operating systems. Hence, enabling centralized and consolidated network visibility is of utmost importance in BYOD environments.

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North America will hold the majority share in the Endpoint Security Market by 2024 due to favorable government initiatives to adopt effective security solutions to mitigate the threats arising out of frequent cyber-attacks on public as well as private IT networks in the U.S. Asia Pacific will grow at the fastest rate due to the rapid modernization of IT infrastructure in India, Singapore, and South Korea. Also, the increasing adoption of endpoint protection technology for strengthening the national defense IT and communication infrastructure in these countries is expected to contribute largely to the market growth.

Asia Pacific endpoint security market is projected to exhibit the fastest growth between 2017 and 2024. With the major focus on the digitization of economy in emerging countries including India and exploding penetration of smartphones and tablets and improving internet connectivity, the risk of malware attacks is being increasingly recognized in the region. Consequently, the adoption of endpoint security solutions in the region is expected to accelerate swiftly during the forecast timeline.

The California based company has also announced a new security operations architecture which would enhance McAfee Advanced Threat Defense and McAfee Investigator. It would be prudent to mention that the entire solution has been installed in the latest fusion centers. Apparently, the efforts being deployed by McAfee to strengthen its position in endpoint security industry would prove to be of immense help in laying out a robust blueprint for successfully implementing complex security operations in real time.

Endpoint Security Market to grow at 7% CAGR from 2018 to 2024, is set to exceed USD 7.5 billion by 2024. Increasing incidents of cyber-attacks on government and private networks around the world have led to a rise in the awareness and adoption of endpoint security solutions. Data breaches and ransomware are some of the most critical challenges for any organization. On an average, over one million new types of malware are created by attackers each day. Protecting the critical data related to enterprises as well as customers has become one of the major concerns for companies relying on the IT infrastructure for critical business processes.

Browse key industry insights spread across 380 pages with 1032 market data tables & 14 figures & charts from the report, Endpoint Security Market in detail along with the table of contents:

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The BFSI endpoint security market will exhibit high growth over the forecast timeline owing to stringent government regulations around the world demanding the highest level of security for customers’ financial records stored and retrieved through the IT networks of financial institutions. As such networks are the prime targets of hackers for ransomware attacks, the demand for advanced and robust malware protection solutions from the BFSI sector is expected to increase rapidly over the forecast period.

Endpoint security has become a major layer of security as it is software based and is targeted towards user devices like laptops, computers, smartphones and tablets. Therefore, the government has also enforced stringent norms to protect financial data, urging institutions to adopt such a host-based solution. This indeed led the BFSI sector to hold the largest share in endpoint security market in 2016 and lay the groundwork for further progress over 2017-2024.

The latest trends in cybercrime rely heavily on social engineering, using legitimate software as cyber weapon, ranging from spam to phishing. Leading endpoint security industry players like Symantec, Kaspersky, McAfee, Microsoft, Trend Micro, Comodo, Cisco, and Panda Security are therefore continually upgrading and expanding their scope through research and development programs to keep pace with the changing dynamics of cyber threats.

Top key players operating in the endpoint security market are AhnLab, Inc., Bitdefender, Cisco, Comodo, Cylance Inc., ESET,F-Secure Corporation, IBM, McAfee, Kaspersky Lab, Microsoft, Panda Security, Sophos, Symantec, Trend Micro, and VIPRE Security.

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