Endpoint Security Market to See a Growth of 8.4% CAGR to 2020, Acccording to New Research
The endpoint security market to grow USD 17.38 billion by 2020 at a projected CAGR of 8.4% from 2016 to 2020 driven by the need to mitigate IT security risks and increase in the frequency of internal threats with endpoint device control to gain maximum traction during the forecast period.
Pune , India – April 29, 2016 /MarketersMedia/ —
The worldwide endpoint security market size is estimated to grow from USD 11.62 billion in 2015 to USD 17.38 billion by 2020, at an estimated Compound Annual Growth Rate (CAGR) of 8.4% from 2015 to 2020. The need to mitigate IT security risks will drive the endpoint security market
Complete report on global endpoint security market spread across 162 pages, profiling 10 companies and supported with 71 tables and 55 figures is now available at http://www.rnrmarketresearch.com/endpoint-security-market-security-suites-epp-anti-virusmalware-firewall-ids-ips-patch-configuration-management-byod-security-mobile-security-mdm-mam-endpoint-encryption-global-advanc-market-report.html .
The global endpoint security market is driven by factors, such as the need to mitigate IT security risks, growing Bring Your Own Device (BYOD) trends among organization, and increase in the frequency of internal threats.
Endpoint device control is to gain maximum traction during the forecast period. The anti-virus solutions are estimated to contribute the largest market share during the forecast period. Furthermore, due to rise in demand for mobile and tablet security solutions, endpoint device control is expected to gain traction and would grow at the highest CAGR in the next five years. The endpoint security market is also projected to witness growth in the BFSI, healthcare, and IT and Telecom verticals, with government and defense vertical contributing the largest market share during the forecast period.
In the process of determining and verifying the market size for several segments and sub-segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (55%), Tier 2 (20%), and Tier 3 (25%) companies. The interviews were conducted with various key people such as C-level (60%), director level (25%), and other executives (15%) operating in the endpoint security market. The primary interviews were conducted worldwide covering regions such as North America (10%), Europe (20%), APAC (40%), and RoW (30%).
Due to rise in the demand for integrated endpoint security solutions and increasing adoption of cloud-based security solutions, the endpoint security market finds huge opportunity to proliferate in the next five years.
The major players in the global endpoint security market are Symantec, Intel Security, Trend Micro, AVG Technologies, Sophos, Kaspersky Labs, F-Secure, ESET, Panda Security and Bitdefender. Ask for a discount before order a copy of Endpoint Security Market by Solution (Anti-Virus, Antispyware/Antimalware, Firewall, Endpoint Device Control, Intrusion Prevention, and Endpoint Application Control), Service, Deployment Type, Organization Size, Vertical, and Region – Global Forecast to 2020 research report at http://www.rnrmarketresearch.com/contacts/discount?rname=156896 .
This report segments the endpoint security market comprehensively and provides the closest approximations of the revenue numbers for the overall endpoint security market and the sub segments across different verticals and regions. The report also helps stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
On a related note, another research titled Security Analytics Market Global Forecast to 2020, says the market size is estimated to grow from USD 2.1 billion in 2015 to USD 7.1 billion by 2020, at an estimated CAGR of 27.6% from 2015 to 2020. Rise in the sophistication level of security breaches to drive the security analytics market. Endpoint security analytics is to gain maximum traction during the forecast period. Companies like Cisco Systems, IBM, HP, EMC RSA, Juniper Networks, FireEye, Arbor Networks, LogRhythm, Inc., Click Security and Blue Coat Systems profiled in this 166 pages research available at http://www.rnrmarketresearch.com/security-analytics-market-by-types-network-security-application-security-data-and-information-security-physical-security-mobile-security-worldwide-market-forecasts-and-analysis-2013-2018-market-report.html .
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