Endpoint Security Market Business Strategies, Revenue and Growth Rate Upto 2029
Endpoint Security Market Overview:
The Endpoint Security market study gives a complete view of the competition, including the market share and company profiles of the worldwide industry's leading competitors. The scope of the research includes a full assessment of the Endpoint Security Market, as well as the reasons for variations in the industry's growth across a number of sectors.
Anticipated Revenue Growth:
Endpoint Security Market size was valued at US$ 14.49 Bn. in 2021 and the total revenue is expected to grow at a CAGR of 7.87% from 2022 to 2029, reaching nearly US$ 26.56 Bn.
Market Scope:
To validate the market size and estimate the market size by different segments, top-down and bottom-up methodologies are utilized. The research's market estimates are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). Weights applied to each section based on usage rate and average sale price are used to determine percentage splits, market shares, and segment breakdowns. The percentage adoption or usage of the provided market Size in the relevant area or nation is used to determine the country-wise splits of the overall market and its sub-segments.
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Endpoint Security Market Segmentation:
The market is divided into Workstation, Mobile Devices, Server, Point of Sale Terminal, and Others based on the Enforcement Point. By 2029, the mobile devices segment is anticipated to have the biggest market share. As the use of smartphones and mobile applications increases, endpoint attacks on mobile devices also increase, raising new security issues for IT. As a result, organisations are increasingly using endpoint security solutions to protect their networks and provide employees with secure access to sensitive data. Endpoint security solutions for mobile devices are anticipated to gain popularity because to the growing trend of commercial businesses using bring your own device (BYOD) rules, such as when the COVID-19 epidemic was in full swing.
Key Competitors:
Primary and secondary research is used to identify market leaders, while primary and secondary research is utilized to determine market revenue. Primary research included in-depth interviews with key opinion leaders and industry specialists such as experienced front-line personnel, CEOs, and marketing executives. Secondary research included a review of the leading manufacturers' annual and financial reports, whereas primary research included in-depth interviews with key opinion leaders and industry specialists such as experienced front-line personnel, CEOs, and marketing executives. Secondary sources are utilized to compute percentage splits, market shares, growth rates, and global market breakdowns, which are then checked using primary data.
The biggest players in the Endpoint Security market are as follows:
• Microsoft
• CrowdStrike
• Symantec
• TrendMicro
• Sophos
• McAfee
• Kaspersky
• Carbon Black
• SentinelOne
• ESET
• Cylance
• Bitdefender
• Cisco
• FireEye
• Panda Security
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Regional Analysis:
Individual market influencing components and changes in market regulations affecting the present and future market trends are also included in the regional overview of the Endpoint Security market analysis. Current and future trends are researched in order to assess the entire market potential and identify profitable patterns in order to get a stronger foothold. The geographical market assessment is based on the present environment and expected developments.
COVID-19 Impact Analysis on Endpoint Security Market:
End-user industries where Endpoint Security are utilized saw a decline in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, and the United States, as well as Spain, France, and India, due to a pause in operations. This resulted in a significant drop in the revenues of enterprises in these industries, as well as in demand for Endpoint Security manufacturers, affecting the Endpoint Security market's growth in 2020. End-user business demand for Endpoint Security has plummeted as a result of lockdowns and an increase in COVID-19 events throughout the world.
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Key Questions Answered in the Endpoint Security Market Report are:
- In 2021, which segment accounted for the most share of the Endpoint Security market?
- What is the competitive landscape of the Endpoint Security market?
- What are the key factors influencing Endpoint Security market growth?
- In the Endpoint Security market, which region has the most market share?
- What will be the CAGR of the Endpoint Security market during the forecast period (2022-2029)?
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