GITNUX MARKETDATA REPORT 2024

Endpoint Security Industry Statistics

The endpoint security industry is expected to grow steadily with increasing cyber threats, with a projected compound annual growth rate of around 7% over the next few years.

Highlights: Endpoint Security Industry Statistics

  • The global endpoint security market size was valued at $7.58 billion in 2019.
  • The endpoint security market is expected to grow at a compound annual growth rate (CAGR) of 8.4% from 2020 to 2027.
  • North America held the largest market share of over 35% in 2019.
  • SMBs are anticipated to become the fastest-growing segment, expanding at a CAGR of over 9% from 2020 to 2027.
  • In terms of deployment, the on-premise segment dominated the market in 2019, accounting for over 55% of the total revenue.
  • Advanced Persistent Threats (APTs) are currently one of the most significant risks faced by organizations globally.
  • The Market for unified endpoint security is poised to reach $3.4 Billion by 2026.
  • CyberArk controls around 5% of the total global market share in endpoint protection.
  • By 2026, the Asia-Pacific endpoint security market is projected to reach $5.27 billion.
  • By 2025, the network security segment of endpoint security is expected to reach $3.65 billion.
  • The automotive endpoint security market will reach $1.66 billion by 2027.
  • By 2026, it's projected that artificial intelligence will be applied to nearly 40% of all endpoint security tools.
  • The endpoint security tool has seen the highest increase in demand during the Covid-19 pandemic, with a 128% increase in sales.
  • 37% of organizations reported their endpoint protection was ineffective at blocking threats.
  • Mobile endpoint security spending is projected to reach $7 billion by 2024.
  • 56% of companies plan to increase investment in endpoint security during 2020.
  • The cloud segment is expected to register the fastest growth rate, at a CAGR of over 10% from 2020 to 2027.
  • By 2027, the commercial segment will hold the largest market share in the endpoint security market.

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The Latest Endpoint Security Industry Statistics Explained

The global endpoint security market size was valued at $7.58 billion in 2019.

The statistic signifies that in 2019, the overall market size for endpoint security products and services worldwide reached a value of $7.58 billion. Endpoint security involves protecting computer networks accessed by devices like smartphones, laptops, and desktops from potential cyber threats. This market size figure is indicative of the significant demand for endpoint security solutions by organizations seeking to safeguard their data and systems from malware, unauthorized access, and other cyber attacks. The continual growth of this market underscores the increasing importance placed on cybersecurity measures in the digital age, highlighting a lucrative industry with promising opportunities for security vendors and service providers.

The endpoint security market is expected to grow at a compound annual growth rate (CAGR) of 8.4% from 2020 to 2027.

This statistic indicates that the endpoint security market, which focuses on protecting network endpoints like laptops, desktops, mobile devices, and servers from cyber threats, is projected to experience steady growth over the period from 2020 to 2027. The compound annual growth rate (CAGR) of 8.4% suggests that the market’s revenue and size are anticipated to increase at an average rate of 8.4% annually during this timeframe. This growth trajectory is likely driven by the increasing frequency and sophistication of cyber attacks, as organizations seek to enhance their cybersecurity posture by investing in endpoint security solutions to safeguard their digital assets. The consistent growth forecasted for the endpoint security market highlights the ongoing importance of protecting endpoints in the evolving cybersecurity landscape.

North America held the largest market share of over 35% in 2019.

The statistic, ‘North America held the largest market share of over 35% in 2019,’ indicates that the North American region had the highest proportion of market activity compared to other regions in the same year. With a market share exceeding 35%, North America dominated the market space in 2019, suggesting that it was a key player in the industry during that period. This statistic highlights the significance of North America as a major market hub and emphasizes its influential role in driving economic activity and shaping trends within the industry in 2019.

SMBs are anticipated to become the fastest-growing segment, expanding at a CAGR of over 9% from 2020 to 2027.

The statistic indicates that Small and Medium-sized Businesses (SMBs) are expected to experience significant growth over the period of 2020 to 2027, with a Compound Annual Growth Rate (CAGR) exceeding 9%. This suggests that SMBs are poised to grow at a faster rate compared to other business segments during this time frame. The anticipated growth rate highlights the potential for expansion and development within the SMB sector, driven by factors such as market demand, technological advancements, and changing business landscapes. The projection underscores the importance of SMBs in contributing to overall economic growth and innovation within the business ecosystem.

In terms of deployment, the on-premise segment dominated the market in 2019, accounting for over 55% of the total revenue.

The statistic indicates that in 2019, the on-premise deployment method held the largest market share in terms of revenue, representing more than 55% of the total revenue generated within the market. This suggests that a majority of organizations preferred to host their software or services on their own physical servers located on their premises rather than utilizing cloud-based solutions. The dominance of the on-premise segment highlights its popularity and the significant financial contribution it made to the overall market, potentially indicating a continued preference for traditional deployment methods among businesses at that time.

Advanced Persistent Threats (APTs) are currently one of the most significant risks faced by organizations globally.

The statistic indicates that Advanced Persistent Threats (APTs) are currently posing a substantial risk to organizations worldwide. APTs are sophisticated and targeted cyber attacks that are difficult to detect and mitigate, often resulting in serious consequences such as data breaches, financial losses, and reputational damage for the targeted organizations. This statistic highlights the increasing prevalence and severity of APTs as a major threat to the security and stability of organizations across various industries, emphasizing the critical need for robust cybersecurity measures to protect sensitive data and infrastructure from these persistent and evolving threats.

The Market for unified endpoint security is poised to reach $3.4 Billion by 2026.

The statistic states that the market for unified endpoint security is expected to grow significantly and reach a value of $3.4 billion by the year 2026. Unified endpoint security refers to a comprehensive approach to managing and securing all endpoint devices within an organization’s network, including desktops, laptops, mobile devices, and servers. This prediction indicates a growing recognition of the importance of protecting endpoints from cyber threats, such as malware, ransomware, and data breaches. The projected market value of $3.4 billion reflects the increasing investments and spending by businesses to secure their endpoint devices in the face of evolving cybersecurity challenges.

CyberArk controls around 5% of the total global market share in endpoint protection.

The statistic indicates that CyberArk, a company providing endpoint protection solutions, holds a market share of approximately 5% in the global market for this type of security software. This means that out of all the companies offering endpoint protection solutions worldwide, CyberArk’s products are utilized by around 5% of the market’s total user base. A 5% market share positions CyberArk as a significant player in the endpoint protection industry, showcasing their presence and competitiveness among customers seeking such security solutions. Additionally, this statistic suggests that CyberArk’s products are favored by a notable portion of organizations looking to safeguard their endpoint devices from cyber threats.

By 2026, the Asia-Pacific endpoint security market is projected to reach $5.27 billion.

The statistic states that the Asia-Pacific endpoint security market is forecasted to grow to $5.27 billion by the year 2026. Endpoint security refers to protecting network endpoints or devices such as computers, mobile devices, and servers from cybersecurity threats. This projection indicates a significant expected increase in investment in endpoint security solutions in the region over the next few years. Factors driving this growth may include the rising number of cyber threats, increasing digitization and connectivity, and a growing awareness among organizations of the importance of securing their endpoints to prevent data breaches and cyberattacks. This statistic underscores the importance of cybersecurity measures in the Asia-Pacific region and highlights the increasing focus on endpoint security as a critical component of overall cybersecurity strategies.

By 2025, the network security segment of endpoint security is expected to reach $3.65 billion.

The statistic indicates a projected increase in the market size of the network security segment within the endpoint security industry by the year 2025, reaching a value of $3.65 billion. This suggests a growing demand for network security solutions to protect endpoints such as desktops, laptops, and mobile devices from cyber threats. The forecasted growth reflects the increasing importance of securing networks against evolving cyber threats and the continued investments by organizations in enhancing their overall cybersecurity posture. The statistic serves as a valuable insight into the trajectory of the endpoint security market, highlighting the significant role that network security solutions are expected to play in safeguarding digital assets and data integrity in the coming years.

The automotive endpoint security market will reach $1.66 billion by 2027.

The statistic indicates that the market for automotive endpoint security, which focuses on protecting vehicles from cyber threats, is expected to grow to $1.66 billion by the year 2027. This growth reflects the increasing awareness within the automotive industry of the importance of cybersecurity measures to safeguard connected vehicles against hacking and other malicious activities. As vehicles become more technologically advanced and interconnected, the need for robust endpoint security solutions becomes paramount to ensure the safety and security of both the vehicles and their occupants. The projected market size suggests a growing investment in automotive cybersecurity solutions to address the evolving threat landscape facing modern vehicles.

By 2026, it’s projected that artificial intelligence will be applied to nearly 40% of all endpoint security tools.

This statistic indicates that by 2026, artificial intelligence (AI) is expected to play a significant role in approximately 40% of all endpoint security tools. This suggests a notable increase in the adoption and integration of AI technology in the cybersecurity industry over the coming years. AI tools can enhance endpoint security by providing advanced threat detection and response capabilities, continuous monitoring, and automation of security processes. As cyber threats continue to evolve and become more sophisticated, the use of AI in endpoint security is projected to become increasingly prevalent in order to better protect organizations against cyber attacks and breaches.

The endpoint security tool has seen the highest increase in demand during the Covid-19 pandemic, with a 128% increase in sales.

The statement highlights a significant trend of increased demand for endpoint security tools during the Covid-19 pandemic, as evidenced by a substantial 128% rise in sales. This surge can be attributed to the widespread shift towards remote work arrangements, leading organizations to prioritize the protection of their network endpoints from potential cyber threats and vulnerabilities. With employees accessing corporate networks from various locations outside traditional office environments, the need for robust endpoint security solutions has become more critical than ever. The sharp increase in sales reflects the heightened awareness and proactive measures taken by businesses to safeguard their digital assets and sensitive information amidst the evolving cybersecurity landscape brought about by the pandemic.

37% of organizations reported their endpoint protection was ineffective at blocking threats.

The statistic that 37% of organizations reported their endpoint protection as ineffective at blocking threats indicates a significant concern regarding the cybersecurity readiness of these organizations. Endpoint protection refers to the security measures deployed on devices such as computers, laptops, and mobile devices to safeguard against cyber threats. A high percentage of organizations expressing dissatisfaction with the effectiveness of their endpoint protection suggests potential vulnerabilities in their security infrastructure, leaving them susceptible to attacks such as malware, ransomware, and data breaches. This statistic underscores the importance of investing in robust and up-to-date cybersecurity solutions to mitigate risks and safeguard sensitive information from malicious actors.

Mobile endpoint security spending is projected to reach $7 billion by 2024.

The statistic indicates that the spending on mobile endpoint security is expected to increase significantly, reaching a projected $7 billion by the year 2024. This growth highlights the increasing recognition of the importance of securing mobile devices in a world where people are increasingly reliant on smartphones and tablets for work and personal use. As cyber threats targeting mobile devices continue to evolve and become more sophisticated, organizations and individuals are expected to invest more in security solutions to protect their data, networks, and privacy. The projected increase in spending on mobile endpoint security demonstrates the ongoing commitment to safeguarding mobile devices and the data they contain against potential cybersecurity risks and threats.

56% of companies plan to increase investment in endpoint security during 2020.

The statistic that 56% of companies plan to increase investment in endpoint security during 2020 indicates a significant trend towards improving cybersecurity measures among organizations. Endpoint security refers to protecting devices such as computers, laptops, and mobile devices from cyber threats like malware and hackers. This statistic suggests that a majority of companies recognize the growing importance of safeguarding their endpoints in the face of increasing cyber attacks and data breaches. By investing in endpoint security solutions, companies aim to enhance their defense mechanisms and better protect their valuable data and resources from potential security risks in the evolving digital landscape of 2020.

The cloud segment is expected to register the fastest growth rate, at a CAGR of over 10% from 2020 to 2027.

This statistic indicates that the cloud segment within the specified industry is projected to experience significant growth over the period from 2020 to 2027. The Compound Annual Growth Rate (CAGR) of over 10% suggests that the cloud segment is anticipated to expand at a steady pace, outperforming other segments within the industry. This forecast highlights the increasing adoption of cloud technologies and services, as well as the potential for cloud-based solutions to offer competitive advantages and drive innovation. Companies operating in this industry may consider investing in or expanding their offerings within the cloud segment to capitalize on this expected growth trend and remain competitive in the market.

By 2027, the commercial segment will hold the largest market share in the endpoint security market.

This statistic forecasts that the commercial segment within the endpoint security market will experience significant growth and increase its market share to become the largest segment by the year 2027. Endpoint security refers to the protection of endpoints or devices such as laptops, desktops, mobile phones, and other wireless devices from cybersecurity threats. The increasing reliance on digital technologies and the rise in cyber attacks targeting organizations are likely factors contributing to this projected growth in the commercial sector of endpoint security. As businesses prioritize cybersecurity to protect their sensitive data and operations, the demand for advanced endpoint security solutions is expected to surge, driving the commercial segment to a dominant position in the market by 2027.

References

0. – https://www.securitybrief.co.nz

1. – https://www.www.grandviewresearch.com

2. – https://www.www.idc.com

3. – https://www.www.statista.com

4. – https://www.www.mordorintelligence.com

5. – https://www.www.prnewswire.com

6. – https://www.www.css-security.com

7. – https://www.www.residentadvisor.net

8. – https://www.www.alliedmarketresearch.com

9. – https://www.techjury.net

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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