The global endpoint security market – the one that includes, for example, antivirus – is growing at a rate of 4.8% per year. According to the projections of the consulting firm Valuate Reports, it will reach US $ 17.8 billion in revenue in 2026, starting from US $ 12.8 billion in 2019. The main factors that drive the growth of this market are the need to mitigate the security risks of IT, the growing BYOD trends among organizations and the increased frequency of attacks on endpoints – PCs, notebooks and cell phones for example.
The main players in this market sell products such as antivirus, antispyware (or antimalware), firewalls, device controls for endpoints, intrusion prevention systems and application control, in addition to managed services, consulting, training and support.
According to the consultancy’s report, there is an expectation that during the forecast period, cloud-based endpoint security solutions will gain strength as organizations seek greater scalability, performance, 24/7 service and enhanced endpoint security. The leading companies are Symantec, McAfee, Trend Micro, AVG, Sophos, Kaspersky, F-Secure, Eset, Panda Security and Bitdefender.
The growing number of terminals in the current business environment is expected to drive growth in the size of the endpoint security market. The use of remote servers, smartphones and other connected mobile devices has increased the number of terminals in companies. As their number increases, attacks and data breaches may become more common. Endpoint security software helps protect each endpoint and monitors malicious activity and device behavior.
With international news agencies
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