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$1.8 Bn Cloud Endpoint Protection Market - Global Forecast 2023 - ResearchAndMarkets.com

September 19, 2018

DUBLIN--(BUSINESS WIRE)--Sep 19, 2018--The “Cloud Endpoint Protection Market by Component, Solution (Antivirus, Anti-spyware, Firewall, Endpoint Device Control, Anti-phishing, Endpoint Application Control), Service, Organization Size, Vertical, and Region - Global Forecast 2023” report has been added to ResearchAndMarkets.com’s offering.

The global cloud endpoint protection market is expected to grow from USD 1,014.4 million in 2018 to USD 1,819.0 million by 2023, at a Compound Annual Growth Rate (CAGR) of 12.4% during the forecast period.

As most of the work performed in an organization is implemented using endpoint devices, it is necessary to ensure the confidentiality and integrity of the organizational data by safeguarding it against potential risks. This has led to a significant increase in the demand for cloud endpoint protection solutions. However, as organizations are skeptical about the overall level of adoption of cloud-based security solutions so they prefer adopting on-premises solutions, hence the growth in the demand for cloud-based solutions may be limited.

Anti-virus software solutions help in the prevention, detection, and removal of malwares, such as computer viruses, rootkits, Trojans, and worms, from endpoint devices and act as a shield between endpoints and these threats. Moreover, antivirus packages catering to the needs of Small and Medium-sized Enterprises (SMEs) reduce the cost of security for these businesses.

Organizations increasingly seek to outsource their endpoint security management needs to trusted third-party service providers and turn to managed service providers for managing their endpoint security. Managed services deliver better protection against threats and malwares by integrating endpoint security solutions with a 247 remote monitoring.

North America is estimated to hold the largest market size in the global cloud endpoint protection market in 2018, and the trend is expected to continue during the forecast period. Growth in the adoption of cloud-based services among SMEs and large enterprises is expected to drive the growth of the cloud endpoint protection market in this region. On the other hand, the cloud endpoint protection market in APAC is expected to witness exponential growth to become the fastest-growing region in the global cloud endpoint protection market. This high growth is attributed to the growing awareness of cybersecurity and benefits of cloud-based solutions in APAC.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview and Industry Trends

6 Cloud Endpoint Protection Market, By Component

7 Cloud Endpoint Protection Market By Solution

8 Cloud Endpoint Protection Market, By Service

9 Cloud Endpoint Protection Market By Organization Size

10 Cloud Endpoint Protection Market, By Vertical

11 Cloud Endpoint Protection Market, By Region

12 Competitive Landscape

13 Company Profiles

Symantec Sophos Trend Micro ESET Kaspersky Lab Palo Alto Networks McAfee Fortinet Cisco Systems Panda Security Avast SentinelOne Bitdefender Commvault Carbon Black FireEye CoSoSys Malwarebytes K7 Computing F-Secure Corporation CrowdStrike Comodo Endgame Webroot VIPRE Security For more information about this report visit https://www.researchandmarkets.com/research/zxnqst/1_8_bn_cloud?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180919005394/en/

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Related Topics:IT Security,Cloud Computing and Storage

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 09/19/2018 08:18 AM/DISC: 09/19/2018 08:18 AM

http://www.businesswire.com/news/home/20180919005394/en

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