Global Endpoint Security Market Report and Forecast 2024-2032

Global Endpoint Security Market Outlook

The global endpoint security market size attained a value of USD 16.73 billion in 2023. The market is further expected to grow at a CAGR of 7.9% between 2024 and 2032, reaching a value of USD 33.20 billion by 2032.

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Key Trends in the Market

Endpoint security, also known as endpoint protection, refers to a technology used to secure endpoints of various electronic devices such as laptops, desktops, or smartphones. This type of security is developed for fast detection, analysis, and blockage of any kind of malicious attacks in the entry points of devices.

• The increasing number of cyber threats targeting organisations across the world, cloud exploitation, and broken access advertising on dark web, among other cyber-crimes, is driving the endpoint security market growth.

• Rapid development of advanced endpoint solutions, stimulated by penetration of artificial intelligence (AI) and internet of things (IoT), is further fuelling the market growth.

• Increasing applications of smartphones, laptops, and tablets, among other devices across various end use sectors including BFSI, healthcare, and manufacturing, is escalating the risk of cyber-crimes, leading to an expansion of market opportunities for endpoint security.

Global Endpoint Security Market Analysis

Based on solution, the market is segmented into endpoint protection platform and endpoint detection and response. On the basis of deployment mode, the market is bifurcated into on-premise and cloud. By enterprise size, the market is segmented into large enterprises and small and medium enterprises. Based on industry vertical, the market is categorised into IT and telecom, healthcare, manufacturing, BFSI, retail and e-commerce, and government and defence, among others. The regional markets for endpoint security are divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global endpoint security market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

• S.C. Bitdefender s.r.l.

• ESET, spol. s r. o.

• HCL Technologies Limited

• The International Business Machines Corporation

• Trend Micro Incorporated

• Palo Alto Networks, Inc.

• Broadcom, Inc.

• Microsoft Corporation

• CrowdStrike, Inc.

• Sophos Limited

• AO Kaspersky Lab

• Others

Global Endpoint Security Market Share by Deployment Mode

The cloud segment, based on deployment mode, accounts for a healthy share of the market for endpoint security. Cloud deployment mode offers benefits such as low in-house resources requirement, continuous monitoring, flexible options providing maximum security, automatic backups, and endpoints monitoring from anywhere. The increasing adoption of cloud-based security solutions by enterprises is further heightening the growth of cloud deployment modes of endpoint security.

Global Endpoint Security Market Share by Region

Based on region, North America accounts for a sizable share of the market for endpoint security. The growing use of internet-enabled devices, strong foothold of cloud-based technology providers, and high IT spending across well-established economies such as the United States are supporting the growth of the market for endpoint security in North America. Meanwhile, the Asia Pacific is likely to be a fast-growing region in the forecast period, due to the increasing spending on cybersecurity amidst the rising number of cyberattacks and emerging hybrid workforce environment.

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Competitive Landscape

S.C. Bitdefender s.r.l. is a leading creator of fast and effective lines of internationally certified internet security software. The company was founded in 2001 and is headquartered in Bucharest, Romania.

ESET, spol. s r. o. is a leading software company specialising in cybersecurity. Established in 1992 and headquartered in Bratislava, Slovakia, this company provides security software solutions to several companies.

HCL Technologies Limited is a multinational information technology services and consultation services provider, offering a variety of software services. Founded in 1991, HCL Technologies is currently headquartered in Uttar Pradesh, India.

Other market players include The International Business Machines Corporation, Trend Micro Incorporated, Palo Alto Networks, Inc., Broadcom, Inc., Microsoft Corporation, CrowdStrike, Inc., Sophos Limited, and AO Kaspersky Lab, among others.

Key Highlights of the Report