Endpoint Security Market worth $14.53 Billion by 2019

Wednesday 9 April 2014, Amsterdam

The new report has segmented the global endpoint security market by types of technologies and solutions: antivirus, antispyware/malware, personal firewall, personal IDS/IPS, patch and configuration management, behavioral blocking software, mobile device management, mobile application management, endpoint encryption, endpoint virtualization security; by types of deployment model: on-premise and cloud deployment; by types of professional services: consulting, design and system integration, managed services, training and education; by types of end-users: enterprises and consumers; and by regions: North America (NA), Asia Pacific (APAC), Europe (EU), Middle East and Africa (MEA), and Latin America (LA).

The major forces driving this market are the growing number of mobile workers in enterprises, BYOD model adoption, sophistication in cyber security threats and intrusions, and the increasing demand of integrated security suites.

The new report expects that the global endpoint security market is estimated to be $10.03 billion in 2014 and is expected to grow to $14.53 billion by2019. This represents an estimated compound annual growth rate (CAGR) of 7.7% from 2013 to 2019. In the current scenario, NA is expected to be the biggest market on the basis of expenditure and adoption of endpoint security solutions and services. The report further expects that the increasing endpoint security markets in the developing economies will further enhance the growth of the market.