End-point Security Market

The research study estimates that the worldwide end-point security market will offer opportunities worth $11.9 billion. By 2025, the market is anticipated to grow at a CAGR of 12.5 percent, reaching a value of US$ 2.2 Bn.  According to a new study by Persistence Market Research (PMR), the competitive landscape prevalent in the global end-point security market is characterized by the rivalry between the leading vendors, such as Symantec, Trend Micro, Sophos, Intel, IBM, Microsoft, Checkpoint Software, Kaspersky Lab, Cisco, Palo Alto Network, Ivanti, AVAST Software, RSA, Longview Solutions, Promisec, Fortinet, G2 Crowd, Lookout, Klogix Security, and Doyen infosolutions. With the increasing number of new entrants, the competition within this market likely to intensify further, states the research report.  Rising Demand for Advanced Security Solutions to Boost Global End-point Security Market  "The global market for end-point security is witnessing tremendous growth, thanks to the continuous demand for advanced security solutions," says a PMR researcher. The rising requirement to update security solutions regularly is anticipated to boost the demand for end-point security solutions in the years to come.  Apart from this, the increasing awareness among consumers pertaining to the ransom-ware attacks is also projected to trigger the need to install efficient end-point security solutions to safeguard their businesses over the next few years. However, the high cost associated with these security solutions and the dearth of awareness among end users in emerging economies pertaining to their benefits may restrict this market from growing smoothly in the near future, notes the study.

IoT and smartphone adoption booming in the APAC region

The emergence of IoT has significantly increased the demand for connected technologies such as smart vehicles, driverless cars, and Machine to Machine communication. The IoT network comprises a number of end-point devices that are ripe for picking by hackers leading to a compromise of critical and confidential organizational data.

In addition to this, the Asia Pacific region has rapidly taken to mobiles as they are a convenient tool for both personal and professional use on a real-time basis. A new trend seen across the globe is Bring Your Own Devices or BYOD and the end-point security market has to adapt to this. This has increased the cyber security risk for personal devices as the devices access networks that may not be fully secure. Therefore, there is immense opportunity for the end-point security market to cater to these diverse requirements.

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