Endpoint Security Market Will Touch $7.5bn by 2024 | Application, Regional & Key Player Forecast Report – TechnologyMagazine.org

#Endpoint security systems essentially comprise centrally located software, that quite overtly categorizes software as a vital component of this business space. Driven by large-scale installations of antispyware, antivirus, firewall, login authentication and a host of intrusion prevention systems, endpoint security market has much to gain from the deployment of essential software. Indeed, estimates claim that software accounted for 80% of the overall endpoint security market share in 2016.

 

McAfee: With an aim to identify new cybersecurity product requirements in the endpoint security market, McAfee has recently introduced two state-of-the-art physical and cyber security operations centers in Texas and Ireland. The facilities, named as McAfee Fusion Centers, would be available to consumers who wish to witness human-machine learning in practice and to educate themselves on how to better manage their own security operations.

 

Cisco: In order to reinforce its stance in the global endpoint security market, the American multinational technology behemoth has recently launched a series of augmentations to its Advanced Malware Protection (AMP) for Endpoints platform. Apparently, the latest enhancements provide revamped email security and visibility capabilities to enable network security professionals to gather accurate insights for investigating data breaches. Moreover, the new email security features supplement the advanced phishing and domain protection services along with malware detection and prevention systems.

 

The competition in the endpoint security market is primarily characterized by constant product innovation initiatives by companies to strengthen the endpoint protection against rapidly evolving types of malware. As thousands of new pieces of malware are created by attackers each day, the companies providing antivirus/antimalware solutions constantly update their detection tools with the latest security patches. Some of the key players operating in the endpoint protection market are, F-Secure, Webroot, Sophos, Ahnlab, IBM, Symantec, Bitdefender, Cisco, McAfee, ESET Microsoft, Kaspersky Lab, VIPRE, Trend Micro, Panda Security, and Comodo.

 

As per a recent industry report put forward by Global Market Insights Inc., Endpoint Security Market is forecast to register its name in the billion-dollar fraternity down the line of seven years, by exceeding a revenue of USD 7.5 billion by 2024 with a projected CAGR of 7% Up to 2024.