“The need to mitigate IT security risks will drive the endpoint security market”
The endpoint security market size is estimated to grow from USD 11.62 billion in 2015 to USD 17.38 billion by 2020, at an estimated Compound Annual Growth Rate (CAGR) of 8.4% from 2015 to 2020. The endpoint security market is driven by factors, such as the need to mitigate IT security risks, growing Bring Your Own Device (BYOD) trends among organization, and increase in the frequency of internal threats.
“Endpoint device control to gain maximum traction during the forecast period”
The anti-virus solutions is estimated to contribute the largest market share duing the forecast period. Furthermore, due to rise in demand for mobile and tablet security solutions, endpoint device control is expected to gain traction and would grow at the highest CAGR in the next five years. The endpoint security market is also projected to witness growth in the BFSI, healthcare, and IT and Telecom verticals, with government and defense vertical contributing the largest market share during the forecast period.
The various key endpoint security vendors profiled in the report are as follows:
1. Symantec
2. Intel Security
3. Trend Micro
4. AVG Technologies
5. Sophos
6. Kaspersky Labs
7. F-Secure
8. ESET
9. Panda Security
10. Bitdefender
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