The endpoint security market (엔드포인트 보안 시장) is expected to grow from its predicted US$ 14.61 billion in 2024 to US$ 35.15 billion by the end of 2034. According to this survey by competitive intelligence and market research firm Fact.MR, the majority of market revenue is expected to stem from the implementation of endpoint security solutions in major corporations.

The majority of organisations worldwide are expected to adopt the bring your own device (BYOD) trend, which is expected to drive demand for endpoint security solutions in the future. It's also anticipated that increased attention to cybersecurity and rapid digitization across several industrial verticals would present endpoint security companies with favourable opportunities in the future.

Endpoint security providers are focusing on launching new solutions and services that improve the overall cybersecurity for their users and ensure compliance with the ever-changing cybersecurity landscape.

• In March 2023, Sophos, a leading innovator in the cybersecurity space, showcased its innovative advancements of endpoint security offerings to improve the overall cyber threat defense of enterprises. Integrated zero trust network access agents, Linux malware protection enhancements, and adaptive active adversary protection were some of the new endpoint solutions introduced by Sophos.

Key Takeaways from Market Study

• In 2024, the endpoint security market (Рынок конечной безопасности) is estimated at a valuation of US$ 14.61 billion.
• Demand for endpoint security is projected to rise at a stellar CAGR of 9.2% from 2024 to 2034.
• The market is forecasted to reach a value of US$ 35.15 billion by 2034-end.
• Rapid digitalization, growing focus on cybersecurity, increasing adoption of cloud-based solutions, high use of connected devices such as smartphones and IoT devices, and increasing implementation of the BYOD trend are key market drivers.
• Dearth of skilled technicians and professionals to update and operate endpoint security solutions is projected to limit market growth in the long run.
• SaaS endpoint security demand is forecasted to reach a market valuation of US$ 26.61 billion by the end of the study period.
• Demand for endpoint security in East Asia is forecasted to rise at an impressive 9.7% CAGR over the next 10 years.
• In China, demand for endpoint security is estimated to account for a revenue value of US$ 3.15 billion in 2024.

List of Key Companies Profiled in The Report

• Ivanti
• CrowdStrike
• Cisco Systems Inc.
• Fortinet Inc.
• Palo Alto Network Inc.
• Trend Micro Inc.
• AO Kaspersky Lab
• Sophos Ltd.
• Blackberry Limited
• VMware Inc.
• Check Point Software Technologies Ltd.
• Others

Winning Strategy

Endpoint security suppliers are continually investing in the development of new software and solutions that are capable of efficiently preventing cyberattacks. Endpoint security companies are also projected to focus on mergers, acquisitions, and collaborations to amplify their business potential on a global scale.

As the landscape of cybersecurity technology evolves and the global emphasis on cybersecurity intensifies, mergers and acquisitions are anticipated to play a pivotal role for all endpoint security companies.

• In November 2023, Palo Alto Networks, a prominent player in the cybersecurity domain, revealed the acquisition of Talon Cyber Security, an Israeli start-up. While the financial details of this acquisition were undisclosed, Palo Alto Networks has solidified its position in the global cybersecurity arena, leveraging this strategic move.
• In March 2021, Lookout Inc., a leading cybersecurity provider, made headlines with the acquisition of CipherCloud, a cloud-native cybersecurity firm. This strategic move empowered Lookout to establish a comprehensive end-to-end platform, fortifying data security across organizations from the cloud to endpoints.

More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the global endpoint security market, presenting historical demand data for 2018 to 2023 and forecast statistics for 2024 to 2034.

The study divulges essential insights on the market based on deployment type (on-premise, SaaS), end user (small & medium enterprises [SMEs], large enterprises), and vertical (banking, discrete manufacturing, government agencies, process manufacturing, healthcare, telecommunication, energy & utilities, investment services, others), across six major regions of the world (North America, Europe, Latin America, East Asia, South Asia & Oceania, and MEA).

Competitive Landscape

The future of endpoint security companies hinges on strategic acquisitions and mergers as cybersecurity technology advances globally. In November 2023, Palo Alto Networks strengthened its position by acquiring Israeli Start-up Talon Cyber Security, although the deal's value remains undisclosed. Similarly, Lookout Inc., a prominent cybersecurity provider, enhanced its capabilities in March 2021 through the acquisition of CipherCloud, enabling the development of a comprehensive platform safeguarding data from the cloud to endpoints. These moves signify the industry's recognition of the importance of consolidation for staying at the forefront of cybersecurity advancements.

The endpoint security market is poised for continued growth and innovation, driven by the evolving threat landscape, the proliferation of internet-connected devices, and the increasing awareness of cybersecurity risks. Organizations that prioritize endpoint security as part of their overall cybersecurity strategy will be better positioned to protect their endpoints, safeguard sensitive data, and mitigate the risk of cyber-attacks.