In the initial days of the internet, when companies newly started using computing technologies, the local network had a very rigid perimeter. Servers and repositories were physically present in the same office. Today, due to a massive shift to cloud hosting, SaaS, and the ongoing pandemic, the situation has turned 180 degrees. The organizational workforce, partners, and vendors are connected to enterprise networks remotely from their devices.
These remotely connected personal devices pose a cybersecurity risk that malicious attackers can take advantage of to rob corporate data. According to research by Check Point, throughout 2021, the weekly average of ransomware attacks focused on company networks expanded by 50% in comparison to 2020. It is now critical for businesses to deploy robust endpoint security solutions that protect their data stored across endpoints.
What Is Endpoint Security?
Endpoint security is the method of protecting endpoint devices such as desktops, laptops, mobile phones, and tablets from cyberattacks. These endpoints are the gate to access the organization’s network which can then be used by malicious attackers for cyberattacks.
Endpoint security solutions help businesses to protect these endpoints or end-user devices connected to the organization’s networks or cloud from cyber threats. No matter how many new end-users are added to a company’s network, endpoint security ensures that it is secure at all times from any cyberattack.
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Global Endpoint Security Market is estimated to reach USD 27.05 billion by 2024 owing to increasing deployment of security solutions with growing security risks in different industry applications.
Endpoint security or endpoint protection is a centralized approach to protect all the endpoint devices such as laptops, desktops, smartphones, servers and other devices connected to the corporate IT network, from the cyber threats.Endpoint security enables effective, efficient and easier security management.
This type of security offers effective security to the endpoints, thereby securing the network by blocking risky activities and access attempts at endpoints.Download Sample Report @ https://www.millioninsights.com/industry-reports/endpoint-security-market/request-sampleEndpoint security systems can be broadly categorized into two types.
The key difference between the two is that there is no centralized administration and management for consumers whereas the centralized management mandate necessary for the enterprises.
Another driving force for the growth of the market is the need for compliance within government financial organizations, which will ultimately prompt users to adopt endpoint security solutions.The trend witnessed within the global endpoint security industry is the surging demand for software-as-a-service (SaaS) based security solution since they are easy to install, and upgrade and are affordable.
Hence, at present, cyber criminals are targeting the mobile endpoints.Innovation in mobile technology is forcing mobile endpoint security solutions to manage current mobility environment with the combination of operating systems, mobile endpoints and other personal data without compromising the user experience, data and privacy.
Endpoint Security Market is valued at USD 11.91 Billion in 2018 and expected to reach USD 21.18 Billion by 2025 with the CAGR of 8.79% over the forecast period.The growing use of internet, increasing incidences of cyber attacks & data breaches, recent advancements in IoT security coupled with the rising demand for cloud applications and data protection are the major factors increasing the growth of the Endpoint Security market.Get Sample Copy of The Activated Alumina Market Report 2020@ https://brandessenceresearch.com/requestSample/PostId/458*The sample pages of this report is immediately accessible on-demand.
Endpoint security solutions frequently use a client server model of protection and deploying centrally managed security solution.
Endpoint security is an important IT security function and concern due to more employees bring mobile devices to work and many companies allow its employees to use these devices on the corporate network.Endpoint security market is segmented on the basis of solutions, services, and deployment, industry vertical and by region.
On the basis of country level, market of endpoint security market is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.Endpoint Security Companies:Carbon Black Inc.McAfee LLCSymantec Corporation,Sophos Group PLCBitdefender LLCCylance Inc.Trend Micro Inc.FireEye Inc.Kaspersky Lab Inc.Cisco Systems Inc.Avast Software SROPalo Alto Networks Inc.SentinelOne Inc.Panda Security SLFortinet Inc.CrowdStrike Inc.Microsoft CorporationRSA Security LLCESET LLCGlobal Endpoint Security Market Dynamics –The growing use of internet, increasing incidences of cyber attacks & data breaches, recent advancements in IoT security coupled with the rising demand for cloud applications and data protection are some major factors fuelling the growth of the global endpoint security market.
The emergence of next-generation endpoint technology such as artificial intelligence (AI) is gaining attention from both organizations and assurance programs to stay away from conventional antivirus software and this will bring lucrative opportunities for this market in near future.North America is expected to dominate the Endpoint Security Market throughout the forecast period.North America held the largest market for endpoint security and is expected to dominate the market throughout the forecast period due to the high penetration of endpoint security to tackle the challenges regarding increasing cases of cyber attacks and intensified data security.
For example; the number of U.S. data breaches from hacking incidents reached about 227 in 2014 and 295 in 2015, which is up 30%.
