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Cloud Endpoint Protection Service Market Segmentation by Component (Solutions, and Services); By Organisation Size (Small and Medium-Sized Enterprises (SMEs), and Large Enterprises); and by Industry Vertical (Banking, Financial Services and Insurance (BFSI), Education, Healthcare, IT and Telecom, and Others) – Global Demand Analysis and Opportunity Outlook 2029

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Extensive insights into the Growth of Cloud Endpoint Protection Service Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         Request Insights

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Cloud Endpoint Protection Service Market Highlights 2020-2029

The cloud endpoint protection service market is estimated to grow with a high CAGR during the forecast period, i.e., 2021-2029. Extensive research associated with cloud endpoint protection service in western countries, along with the growing number of breaches and attacks on endpoints are expected to fuel the progress of the cloud endpoint protection service market. The growth of the market can also be attributed to factors such as the increasing number of endpoint devices. The rapidly increasing connected devices, adoption of the (bring your device) BYOD trend, and other mobility solutions are projected to drive the adoption of cloud endpoint protection solutions even further.

Cloud Endpoint Protection Service Market

The market is segmented based on component into solutions and services out of which, the solutions segment is anticipated to grab the largest market size during the forecast period, owing to the growth of endpoint device control solutions, since it is used by enterprises to have control over the data transferred from enterprises through removable medias, such as hard drives, USBs, and iPods.

The cloud endpoint protection service market is segmented by organization size into large and small & medium-sized enterprises. The segment for large-sized enterprises most widely adopts the cloud endpoint protection solutions owing to high implementation of bring your device (BYOD) services in this segment. CLICK TO DOWNLOAD SAMPLE REPORT

Cloud Endpoint Protection Service Market Regional Synopsis

Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific and the Middle East & Africa region. The market in North America is expected to hold the largest market size, owing to the presence of major vendors and adoption of cloud associated services. Furthermore, Asia Pacific region is expected to provide several opportunities for cloud endpoint protection vendors and projected to grow at the highest CAGR during the forecast period, which can be credited to the growing number of technological advancements in the IT sector in the region.

Cloud Endpoint Protection Service Market

The cloud endpoint protection service market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis

Market Segmentation

Our in-depth analysis of cloud endpoint protection service market includes the following segments:

By Component

  • Solutions   
  • Antivirus
  • Anti-spyware
  • Firewall
  • Endpoint Device Control
  • Anti-phishing
  • Endpoint Application Control
  • Others
  • Service
  • Managed Services
  • Training and Consulting
  • Maintenance and Support

By Organisation Size

  • Small and Medium-Sized Enterprises (SMEs)
  • Large Enterprises

By Industry Vertical

  • Banking, Financial Services and Insurance (BFSI)
  • Education
  • Healthcare
  • IT and Telecom
  • Others

Growth Drivers

  • Increase in the number of endpoint devices
  • Growing number of breaches and attacks on endpoints

Challenges

  • Dynamic IT infrastructure
  • Increasing cyber threat

Top Featured Companies Dominating the Market

  • Kaspersky Lab
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis
  • NortonLifeLock Inc.
  • Sophos Group Plc.
  • Cisco Systems, Inc.
  • Trend Micro Inc.
  • SentinelOne,
  • Fortinet, Inc.
  • Commvault
  • McAfee Corp
  • Palo Alto Networks, Inc.

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