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Allied Market Research

Cloud Endpoint Protection Market by Component (Solution and Service), Solution (Antivirus, Anti-spyware, Firewall, Endpoint Device Control, Anti-phishing, Endpoint Application Control, and Others), Organization Size (Large Enterprises and Small-& Medium-sized Enterprises (SMEs)), and Industry Vertical (BFSI, Healthcare & Life Sciences, Telecommunications &IT, Government & Public Sector, Manufacturing, Consumer Goods & Retail, Media & Entertainment, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027

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Aug 2021 | 528 Views
   
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COVID-19

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Cloud Endpoint Protection Market Insight: 

Cloud-based endpoint protection is a traditional systemthat is used to protect user’s endpoint devices and deliver network security services. It includes laptops, servers, desktops, mobile devices, and technology devices, which connectthrough the internet. Cloud-based endpoint protection are held by the vendor with industries accessing it over the internet, rather than their own in-house servers. Cloud-based  endpoint protection provide businesses with the security need without worrying about additional IT staff, long contracts, lengthy implementations and all the unavoidable process associated with traditional systems.

Cloud Endpoint ProtectionMarket Scope and Structure Analysis:

Report Metric

Details

Market size available for years

2020–2027

Base year considered

2019

Forecast period

2021–2027

Forecast units

Value ($)

Segments covered

Component, Solution, Organization Size, Industry Vertical, and Regions

Regions covered

North America (U.S. and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia Pacific (China, Japan, India, and the Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM) and The Middle East and Africa

Companies covered

Major players analyzed in the market includeBitdefender, Cisco Systems, Inc., F-Secure Corporation, International Business Machines Corporation, Kaspersky Lab, McAfee, LLC, Microsoft Corporation, NortonLifeLock Inc., Panda Security SL, and Sophos Ltd.

Impact of COVID-19 on Cloud Endpoint Protection Market:

  • Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost all countries around the globe, with the WHO declaring it a public health emergency. The global impacts of the disease are already starting to be felt, and expected to significantly affect the global cloud endpoint protection market in 2020.
  • The worldwide lockdown has led all businesses to shift to online mode, as a result there is huge amount of data that is being uploaded on cloud. Thus, to secure and manage data efficiently on cloud creates demand for cloud endpoint protection services.
  • Overall, the pandemic is expected to have a positive impact on the global cloud endpoint protection market.

Top impacting factors: market scenario analysis, trends, drivers, and impact analysis

The cloud endpoint security market is witnessing a substantial growthdue to the increasing deployment of various security solutions with rising security risks across several applications including BFSI, IT & telecom, and retail.The rising number of enterprise endpoints and mobile devices having access to critical enterprise data have created a huge demand for cloud endpoint protection market. Increasing trend of BYOD bring your own device such as mobile, tablets, and laptop increasing the demand for added security layer over cloud and driving the cloud endpoint protection market. However, lack of awareness about data breaches and cyberthreat concerning the data management is acting as a restraint to the cloud endpoint protection market. Contrarily, increasing digital traffic and growing demand for securing IT infrastructure in the media and entertainment vertical is expected to boost the cloud endpoint protection market in the forecasted years.

Emerging trend of BYOD (bring your own device) in organizations

Increasingly, enterprises and their employees are comprisingperforms to make access to data more fluid and agile. In addition, increasing demand for BYODpolicies among carious IT & Telecom industry, cloud endpoint protection solution is essential to protect mobile devices from multiple endpoint vulnerabilities. In addition, more number of employees are working remotely and connecting to Wi-Fi networks or internet for work, therefore increasing demand of cloud endpoint protection solution across the globe.

Rising number of endpoints in organizations

Presently, threats are increasingly coming in through various endpoints, which means centralized network protection does not go far enough. Shifting security system perimeters that lack clear definition require new layers of added security through endpoint protection. Security must maintain greater control over access points to prevent the vulnerabilities that can arise through the use of remote devices over the organizations network boosting the demand of cloud endpoint protection market in the forecast years.

Key segments covered:

Segments

Subsegments

Component

  • Solutions
  • Services

Solution

  • Antivirus
  • Anti-Spyware
  • Firewall
  • Endpoint Device Control
  • Anti-phishing
  • Endpoint Application Control
  • Others

Organization Size

  • Large Enterprises
  • Small-& Medium-sized Enterprises (SMEs)

Industry Verticals

  • BFSI
  • Healthcare & Life Sciences
  • Telecommunications & IT
  • Government & Public Sector
  • Manufacturing
  • Consumer Goods & Retail
  • Media & Entertainment
  • Others

Key benefits of the report:

  • This study presents the analytical depiction of the global cloud endpoint protectionindustry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global cloud endpoint protectionmarket share.
  • The current market is quantitatively analyzed from 2021 to 2027 to highlight market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global cloud endpoint protectionmarket analysis depending on competitive intensity and how the competition will take shape in coming years.
 
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We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

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