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Endpoint Security Market Size

Report ID: GMI1620
Published Date: Jul 2020
Report Format: PDF

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Endpoint Security Market Size

Endpoint Security Market size exceeded USD 8 billion in 2019 and is estimated to grow at over 9% CAGR from 2020 to 2026. Growing demand to prioritize IT security of organizations is fueling the industry growth.

Endpoint Security Market

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Enterprises are focusing on implementing risk management policies that involve establishing a risk management framework, assigning responsibility for managing the risk, effective communication & consultation related to the risk, and maintaining & upgrading risk management capabilities. The growing BYOD trend on account of recent COVID-19 outbreak is supporting the demand for endpoint security solutions across organizations.

Endpoint Security Market Report Attributes
Report Attribute	Details
Base Year:	2019
Endpoint Security Market Size in 2019:	USD 8 Billion (2019)
Forecast Period:	2020 to 2026
Forecast Period 2020 to 2026 CAGR:	9%
2026 Value Projection:	USD 15 Billion (2026)
Historical Data for:	2015 to 2019
No. of Pages:	450
Tables, Charts & Figures:	784
Segments covered:	Component, Deployment Model, Application and Region
Growth Drivers:	Need to manage and mitigate IT security risks Growing incidents of endpoint attacks Increasing penetration of mobile devices Rising popularity of the BYOD trend
Pitfalls & Challenges:	Preference towards free endpoint security solutions Lack of IT resources and in-house expertise

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Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of endpoint security crossed USD 15 billion by 2026, growing at around 9% CAGR.

According to the analysts at GMI, the mobile device security software segment in the U.S. is poised to witness 5% growth rate through 2026.

The U.S. endpoint security software segment held over 80% of the market share in 2019.

Some of the key industry players are AhnLab, Inc., Avira Operations GmbH & Co. KG., Bitdefender, Carbon Black, Inc., Check Point Software Technologies Ltd., Cisco Systems, Inc., Comodo Group, Inc., Cylance Inc., ESET, spol. s.r.o., FireEye Inc., Fortinet, Inc., F-Secure, IBM Corporation, McAfee, Inc., Kaspersky Lab., Microsoft Corporation, Panda security, Sophos Ltd., Symantec Corp., Trend Micro Inc., VIPRE Security, and Webroot Inc.

North America is predicted to dominate the market share during 2020-2026 led by widespread adoption of endpoint security solutions in public and private sectors in the U.S. to mitigate the risks arising from frequent cyber theft attacks.