Which is the growing segment among deployments in the market? Suspendisse posuere rutrum sodales. The increasing adoption of advanced technologies such as the internet of things, Industry 4.0, and connected devices are expected to grow with a boost in demand for cloud-based security solutions. Nam id elit ac sem iaculis lacinia posuere vitae metus. Suspendisse posuere rutrum sodales. ShowHide Section - Column 4. Shortage of Skilled Labors to Hamper Market Growth. Section 1 - Column 1. Nam id elit ac sem iaculis lacinia posuere vitae metus. Growing Endpoint Attacks to Surge Demand from Commercial Segment. What is the key factor driving the market growth? What was the value of the global market in 2020? Based on components, the market is categorized as software and services. You cannot print contents of this website. Thus, this is likely to hamper the adoption of endpoint protection solutions. By deployment, the cloud segment is likely to grow in the market. The network attacks across the sectors are increasing owing to increasing digitalization and connected devices. On-premises Segment to Dominate Backed by High Preference for IT Solutions. The rapidly growing 5G infrastructure is boosting the adoption of endpoint solutions in this country. Comments are closed, but trackbacks and pingbacks are open. The Capabilities score measures vendor product, go-to-market and business execution in the short-term. Nam id elit ac sem iaculis lacinia posuere vitae metus. In 2020, the market value stood at USD 12.93 billion. Praesent non velit ut libero condimentum pulvinar sed vitae tellus.Vestibulum id tristique elit. Similarly, the integration of AI and machine learning technologies is likely to demand a cloud-based security system. But don't just take our word for it, read a free copy of the report, compliments of Trend Micro. Suspendisse posuere rutrum sodales. Suspendisse posuere rutrum sodales. For decades, scientists have been trying to build a long-lasting replacement for the human heart. Services Segment to Gain Traction Stoked by Surging Adoption of Endpoint Solutions. The German organizations have raised their IT budget to deal with the increasing cyber-attacks. This is boosting the security market growth. Nam id elit ac sem iaculis lacinia posuere vitae metus. These security solutions cater to all the safety requirements of the industry at a much lesser cost. Nam id elit ac sem iaculis lacinia posuere vitae metus. These increasing endpoints can increase the chances of attacks and data breaches. Companies like Cisco Systems, Inc., Symantec, FireEye, and Palo Alto Networks offer AI-enabled security solutions to detect the endpoint attack. To connect, please write to AiT Analyst at news@martechseries.com. Suspendisse posuere rutrum sodales. Thank you. Thus, the massive shift towards temporary work-from-home policy has forced businesses to remodel their business strategies and increase their spending on security products. Suspendisse posuere rutrum sodales. Suspendisse posuere rutrum sodales. NYC Wants In-Person Dining Back. Thus, the need to protect and trace every internal action is required to secure the enterprise's private data. Bitdefenders prevention capabilities are notable in offering an extensive range of capabilities, and customers confirm they are very satisfied with Bitdefenders ability to detect and block attacks early., According to the IDC MarketScape, Bitdefender's endpoint protection capabilities are frequently tested by third-party labs. Also, the consumers are also facing increasing attacks owing to the growing availability of open internet connections. As the technology keeps evolving, providing continuous training to technical staff is quite expensive, especially for SMEs. Along with the increasing end-user devices, interfaces, and advanced technologies such as cloud services, 5G, and the internet of things, it has become essential to provide improved and efficient endpoint protection. Suspendisse posuere rutrum sodales. Also, AI is expected to play an essential role in detecting zero-day attacks. Suspendisse posuere rutrum sodales. These instant detection and response solutions are boosting the adoption of these endpoint type of security solutions. Praesent non velit ut libero condimentum pulvinar sed vitae tellus.Vestibulum id tristique elit. The government of India is also focusing on data protection owing to the rising concerns of national security. According to the 2018 SANS Survey on Endpoint Protection, only 45% of organizations included employees devices under their security management. Nam id elit ac sem iaculis lacinia posuere vitae metus. This, in turn, will lead to a higher product demand for security solutions post the pandemic. Section 3 - Column 1. All Rights Reserved. The US is likely to gain traction during the forecast period due to several security solution providers' presence. The methodology of IDCs report is based on market forecasts and analysis from five sources: Recommended AI News: New Training Course Aims To Make It Easy To Get Started With EdgeX Foundry. Section 7 - Column 2. It looks quite comprehensive and the data is exactly what I was looking for. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. Recommended AI News: 360Quadrants Releases Quadrant Of Best Project Management Software Vendors. At what CAGR is the market projected to grow in the forecast period (2021-2028)? Privacy Policy, Artificial Intelligence | News | Insights | AiThority, [bsfp-cryptocurrency style=widget-18 align=marquee columns=6 coins=selected coins-count=6 coins-selected=BTC,ETH,XRP,LTC,EOS,ADA,XLM,NEO,LTC,EOS,XEM,DASH,USDT,BNB,QTUM,XVG,ONT,ZEC,STEEM currency=USD title=Cryptocurrency Widget show_title=0 icon= scheme=light bs-show-desktop=1 bs-show-tablet=1 bs-show-phone=1 custom-css-class= custom-id= css=.vc_custom_1523079266073{margin-bottom: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}]. Which region is expected to exhibit the highest CAGR? Praesent non velit ut libero condimentum pulvinar sed vitae tellus.Vestibulum id tristique elit. How much will the endpoint security market be worth in 2028? For the modern organization looking to embrace digital transformation, its become evident that endpoint or workload security, visibility and management are mission essential in protecting theremote workforce. This has increased the risk of endpoint devices getting infected with known or unknown viruses. Increasing Number of Connected Devices Will Boost Endpoint Security Solution Demand. Nam id elit ac sem iaculis lacinia posuere vitae metus. Section 6 - Column 3. Nam id elit ac sem iaculis lacinia posuere vitae metus. Suspendisse posuere rutrum sodales. }); Copyright 2022 AiThority. Nam id elit ac sem iaculis lacinia posuere vitae metus. Section 4 - Column 2. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendors position within a given market. Suspendisse posuere rutrum sodales. Praesent non velit ut libero condimentum pulvinar sed vitae tellus.Vestibulum id tristique elit. The end-users criterion is bifurcated into commercial and consumer. Nam id elit ac sem iaculis lacinia posuere vitae metus. COVID-19 Pandemic to Fuel Demand for Endpoint Security Solutions. Nam id elit ac sem iaculis lacinia posuere vitae metus. Considering this, the attackers are targeting such enterprises. Now, an Australian inventor believes hes cracked one of the hardest problems in medicine. Also, some enterprises are still hesitant to overcloud deployment security, which is likely to limit cloud solutions. It is seen as cybersecurity's frontline solution to secure various enterprise networks. Praesent non velit ut libero condimentum pulvinar sed vitae tellus.Vestibulum id tristique elit. Thank you Fortune Business Insights for your efforts and prompt response, I had a great experience working with Fortune Business Insights. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendors position within a given market. Will Restaurant Week Be the Ticket? Nam id elit ac sem iaculis lacinia posuere vitae metus. Looking forward to work together in the future, It has been a delightful experience working with you guys. Nam id elit ac sem iaculis lacinia posuere vitae metus. Praesent non velit ut libero condimentum pulvinar sed vitae tellus.Vestibulum id tristique elit. The report assessed 22 vendors endpoint security solutions against a broad set of capabilities in endpoint protection, detection and response (EDR); automation; cross-function integration; extended detection and response (XDR) frameworks; ransomware detection and recovery; customer satisfaction; managed services offerings and more. The aforementioned factors will have a positive impact on the growth of the market in the coming years. Also, as per Gartner's study, the increasing skills gaps are due to rapidly evolving digital solutions. Nam id elit ac sem iaculis lacinia posuere vitae metus. The security needs of small and midsize businesses have changed dramatically in recent years, as threat actors increasingly target organizations of all sizes with devastating attacks like ransomware, said Steve Kelley, president and general manager of Bitdefender Business Solutions Group. Remarkable job and great efforts by your research team. The global endpoint security market size was USD 12.93 billion in 2020. Suspendisse posuere rutrum sodales. Similarly, Latin America and the Middle East, and Africa are steadily implementing endpoint protection to reduce the rising data breaches. The rising adoption of connected devices and the internet of things across several industries in the region are boosting the demand for security solutions. Trusted by 95,000+ customers and OEMd by 150+ tech leaders, Bitdefender has been named a Major Player in the IDC MarketScape: Worldwide Modern Endpoint Security for Small and Midsize Businesses 2021 Vendor Assessment. In addition to this, small and medium enterprises have a limited budget for IT, and thus, they have limited endpoint protection for the devices. Section 2 - Column 4. What Happens When Cops Seize Crypto and Bitcoin. Similarly, the healthcare industry has been significantly affected due to endpoint attacks during this period. Praesent non velit ut libero condimentum pulvinar sed vitae tellus.Vestibulum id tristique elit. These innovative technologies, all powered via a single agent, have been massive differentiators for us in a crowded market. Ref. Praesent non velit ut libero condimentum pulvinar sed vitae tellus.Vestibulum id tristique elit. The on-premises segment is likely to hold the dominant market share. Section 5 - Column 3. However, using the attackers' approach targets employees devices, as not many organizations offer proper security for personal devices. We know where we will be getting business intelligence from in the future., Thank you for sending the market report and data. Many organizations are experiencing a shortage of skilled technical professionals to handle the security systems. According to the Fortified report, 47% of data breaches have been reported by the healthcare industry during the first half of 2020. Trend Micro guards your privacy: Read our privacy policy. This website uses cookies to ensure you get the best experience. ShowHide Section - Column 2. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. ShowHide Section - Column 1. businesscardctalink: /business/, Managed Detection and Response Services for MSPs, Security News, Eguides and Whitepapers - Bitdefender Press Center, Bitdefender Named a Major Player in IDC MarketScape for Modern Endpoint Security, Small to Midsize Businesses, IDC MarketScape: Worldwide Modern Endpoint Security for Small and Midsize Businesses 2021 Vendor Assessment, Forrester New Wave: Extended Detection and Response (XDR) Providers Q4 2021, Forrester Wave: Endpoint Security Software As A Service, Q2 2021, 2021 Gartner Magic Quadrant for Endpoint Protection Platforms. Praesent non velit ut libero condimentum pulvinar sed vitae tellus.Vestibulum id tristique elit. Nam id elit ac sem iaculis lacinia posuere vitae metus. The global impact of COVID-19 has been unprecedented and staggering, with endpoint security witnessing a positive demand shock across all regions amid the pandemic. Merchants Capital Launches Clik.ai to Automate Loan Servicing Operations, FI Consulting Releases Version 2.5 Of ASP With Microsoft Teams Integration, PCTEL Announces Spectrum Monitoring and Uplink Testing Solution for Critical, Blockchain Security Firm Halborn Raises $90 Million Series A Led by Summit Partners. According to the 2018 McAfee Cyber security Talent Report, employers found it challenging to hire dedicated cybersecurity professionals. Although AI technology cannot entirely stop the attack, it can instantly detect and respond. The market players focus on offering advanced and robust endpoint protection solutions by integrating new technologies such as AI, machine learning, and more into their existing products. Trend Micro has been ranked #1 in 2 of 3 key endpoint categories in IDCs report, Worldwide Corporate Endpoint Security Market Shares, 2020: Pandemic and Expanding Functionality Propelled Market Growth, 2022 Trend Micro. Suspendisse posuere rutrum sodales. Praesent non velit ut libero condimentum pulvinar sed vitae tellus.Vestibulum id tristique elit. Suspendisse posuere rutrum sodales. Several cloud providers are offering customized services that help in reducing additional expenses. Section 4 - Column 3. Accounting for the increasing product need across diverse industries, the key players in the market are coming up with advanced security solutions. Section 2 - Column 3. Similarly, the UK government has rolled out end-user device guidance for the organizations offering external devices' deployment. Nam id elit ac sem iaculis lacinia posuere vitae metus. Suspendisse posuere rutrum sodales. CrowdStrike continues to outshine the competition and leave legacy players in the dust, as we grow exponentially in market share to shape what themodern endpoint protectionmarket looks like for the distributed workforce, said Ian McShane, vice president of product marketing, CrowdStrike. VMware, Inc, Cisco System, Inc, McAfee, LLC, BlackBerry Ltd., and Sophos Ltd. are the top players in the market. We will have to use at least one cookie to ensure that you won't have to make this choice again. Similarly, the rising adoption of solutions such as the internet of things, industrial control system, and smart sensors is likely to attract endpoint attacks. Section 7 - Column 4. Suspendisse posuere rutrum sodales. According to the company, the increasing number of unknown attacks is riskier for organizations. To know how our report can help streamline your business, Speak to Analyst, Growing Private and Crucial Data to Boost Demand for Endpoint Protection in Healthcare. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors. Section 7 - Column 3. We use cookies to enhance your experience. This is a very good piece of work and will be very helpful to us going forward. March 2020 BlackBerry Limited Cylance launched two unified endpoint security (UES) solutions CylancePROTECT and CylanceOPTICS, for endpoint protection, detection and response. Organizations preferring in-house IT solutions are expected to drive the on-premises security solution. With CrowdStrike Falcons cloud-native architecture, customers can easily and remotely deploy and manage their workloads at scale. Suspendisse posuere rutrum sodales. For instance, in October 2019, Symantec Corporation introduced an upgraded version of its endpoint solution to deliver advanced detection, protection, and response features in a single solution. Some of the key providers, such as AO Kaspersky Lab, VMware Inc., McAfee LLC, Sophos Inc., Intel Corporation, Palo Alto Network Inc., among others, are acquiring the companies to gain expertise. Section 3 - Column 2. Praesent non velit ut libero condimentum pulvinar sed vitae tellus.Vestibulum id tristique elit. Nam id elit ac sem iaculis lacinia posuere vitae metus. Syntellis Performance Solutions Completes Acquisition of Stratasan, PCTEL Announces Spectrum Monitoring and Uplink Testing Solution for Critical Communications Networks, OPSWAT Becomes AWS Security Competency Partner. We believe Check Points Harmony Endpoint security solution has been recognized as a Major Player due to its extensive range of security functionality and distinctive sandboxing, remediation, Content Disarm and Reconstruction (CDR), and hardware integration capabilities. Suspendisse posuere rutrum sodales. By continuing to visit this site you agree to our use of cookies . Section 5 - Column 4. Suspendisse posuere rutrum sodales. We specialize in SEO for helping medium to large businesses in Maryland City USA and convert high-quality, high-intent traffic into important business leads. hbspt.forms.create({ Check Point Software is recognized as a Major Player in the Worldwide Modern Endpoint Security for Enterprises 2021 Vendor Assessment by the IDC MarketScape. This is driving the demand for endpoint solutions. Request a Free sample to learn more about this report. Bitdefender, a global cybersecurity leader, today announced it has been named a Major Player in theIDC MarketScape: Worldwide Modern Endpoint Security for Small and Midsize Businesses 2021 Vendor Assessment(Doc # US48304721, November 2021). An Analysis of Vulnerability Disclosures, Impact Severity, and Vendors, Due to the COVID-19 pandemic, a cybersecurity vendors capability to protect end user devices became critical. Today, organizations all over the world recognize the power of CrowdStrikes cloud-native Falcon platform to effectively stop breaches, as well as simplify their security and IT operations stack with a single, lightweight intelligent agent. With the up-gradation and advancements in the endpoint system, the demand for professional services is increasing. Similarly, Europe is likely to gain significant market growth during the forecast period due to countries' increasing focus on improving the cybersecurity infrastructure.