From GlobeNewswire: 2024-11-22 09:00:00

In 2023, the global Endpoint Security Market size was USD 17.7 billion, projected to reach USD 32.9 billion by 2032 with a 7.1% CAGR. The surge in remote work and IoT devices increases cyber threats, driving the adoption of Endpoint Detection and Response solutions, which held a 55% market share in 2023.

Integration of AI and ML technologies enhances endpoint security accuracy. Regulatory pressures like GDPR push for compliance. Cloud-based solutions gain traction for scalability and cost-efficiency. Major players include Kaspersky Lab, BlackBerry, and Cisco. Market scope covers key regions and growth drivers.

The rise of IoT and edge computing presents opportunities for endpoint security. SMEs invest in affordable solutions tailored for their needs. Zero-trust security architecture emphasizes continuous verification, boosting endpoint protection innovation. Market segmentation includes software dominating the market and EDR solutions holding the largest market share.

Commercial enterprises, including finance and healthcare, dominate the endpoint security market. Endpoint security solutions are crucial for safeguarding sensitive data and ensuring network integrity in these industries. With the growing threat landscape and regulatory pressures, businesses are increasingly investing in robust endpoint security solutions. Commercial organizations are focusing on robust security frameworks to protect against cyberattacks targeting critical systems and customer data. The endpoint security market is segmented by component, deployment, solution type, end-user, and industry. Recent developments include Microsoft, CrowdStrike, and McAfee introducing advanced endpoint security solutions. North America dominates the market, with Asia-Pacific expected to be the fastest-growing region due to digitalization and IoT proliferation.

For more information or customization, contact [email protected]. SNS Insider offers consulting services like Go To Market Assessment and Total Addressable Market Assessment. They provide current market data and insights through surveys, video talks, and focus groups globally. Visit their website for complete details and reports on the endpoint security market.



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