The global Endpoint Protection Platforms (EPP) market size reached USD 3.33 Billion in 2021 and is expected to register a revenue CAGR of 8.4% during the forecast period, according to latest analysis by Emergen Research. Rise in trend of Bring Your Own Device (BYOD) and surge in incidence of cyberattacks are crucial factors driving market revenue growth.
Endpoint protection platforms are used in cybersecurity programs to protect users against illegal activities.
Cyber security has become an important issue as most companies are implementing remote work due to the COVID-19 pandemic. This has also boosted demand for endpoint protection platforms. Although remote working is not a new concept, the trend of remote working has increased exponentially due to the COVID-19 pandemic. Work from home during lockdown has created a tremendous spike in the BYOD trend. As companies are encouraging the use of BYOD, they are also certifying deployment of agent-less security solutions that can protect data on these devices.
One of the most persistent problems of cyber security is lack of visibility. Cybersecurity professionals do not find attack surfaces that hackers target without true visibility. Endpoint protection platforms help professionals by providing them with increased visibility. Next-generation EPP helps IT security find all devices connecting to the network, including mobile devices. Endpoint protection platforms uncover potential gaps and perform regular check ups on weak spots, which are driving the revenue growth of the market. However, availability of conventional security solutions such as anti-malware and antivirus for endpoint protection is restraining market revenue growth.
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Rising research and development in EPP by major companies to protect organizations against cyber threats is expected to boost the market. For instance, on 7 April 2022, two cybersecurity companies, CrowdStrike and Mandiant, established a strategic alliance to assist in remediating and defending their customers against increasingly sophisticated cybercrime incidents. The partnership combines CrowdStrike’s Falcon endpoint protection platform with Mandiant’s breach investigation and response services offering tighter platform integrations.
Competitive Landscape:
The latest research report is inclusive of a precise summary of the intensely competitive landscape of the global Endpoint Protection Platforms market. It offers a systematic presentation of the company profiles of the leading market players. This section of the report analyzes the effective initiatives undertaken by these players for business expansion in the long run. In addition, this section highlights the key developments and financial positions of these companies to explain the overall market scenario. The company profiles of the established and new players have been assessed using certain effective analytical tools, such as Porter’s Five Forces analysis and SWOT analysis.
The major companies Covered in the report are:
Cisco Systems, Carbon Black, Fortinet, Symphony Technology Group, Microsoft Corporation, CrowdStrike, Kaspersky, Palo Alto Networks, F-Secure, and Check Point Software Technologies
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This report is the latest document discussing the current economic situation gravely impacted by the COVID-19 outbreak in detail. The global health emergency has led to massive changes in the global economy and the Endpoint Protection Platforms business sphere. The current scenario of this ever-evolving business vertical has been clearly depicted in the report, which contains a broad analysis of the pandemic’s present and future effects.
Segments Covered in this report are:
Services Outlook (Revenue, USD Billion; 2018–2028)
Professional Services
Integration and Implementation
Training and Consulting
Support and Maintenance
Managed Services
Deployment Mode Outlook (Revenue, USD Billion; 2018–2028)
Cloud-Based
On-Premises
Organization Size Outlook (Revenue, USD Billion; 2018–2028)
Small and Medium Sized Enterprises
Large Enterprises
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Key Parameters Analyzed in This Section:
Company Profiles
Gross Revenue
Profit margins
Product sales trends
Product pricing
Industry Analysis
Sales & distribution channels
Regional Segmentation:
North America
Latin America
Europe
Middle East & Africa
Asia Pacific
Key Points Covered in This Section:
Regional contribution
Estimated revenue generation
Vital data and information about the consumption rate in all the leading regional segments
An expected rise in market share
Forecast growth in the overall consumption rate
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Key Offerings of the Report:
Detailed overview of market dynamics including drivers, restraints, opportunities, challenges, and growth prospects
Analysis of the key strategic initiatives and competitive landscape including mergers & acquisitions, joint ventures, collaborations, product launches, and brand promotions, and partnerships, among others
Comprehensive analysis of the industry outlook and analysis of the industrial chain
Market forecast based on global, regional, and country-level market analysis
Competitive landscape benchmarking
In-depth analysis of the key market players with their product portfolios, financial positions, unique selling points, market share and size, and a comprehensive overview of their business
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About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trend’s existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors