Cloud Endpoint Protection Market Growing at High CAGR !

[137 Pages Report] Cloud endpoint protection market size, analysis, trends, & forecasts. The global market for cloud endpoint protection categorized by component, solution, service, organization size, vertical, and region.

(EMAILWIRE.COM, April 25, 2019 ) Cloud endpoint protection solutions provide the necessary controls for avoiding data breaches. Additionally, cloud endpoint protection systems also form an integral part of the overall threat prevention and protection systems of organizations. The benefits such as reduced capital and operational expenditure offered by cloud endpoint protection solutions have contributed significantly to the growing demand for data center transformation services.

Cloud endpoint protection market is expected to grow from USD 1,014.4 million in 2018 to USD 1,819.0 million by 2023, at a Compound Annual Growth Rate (CAGR) of 12.4%.

Report provides detailed insights into the cloud endpoint protection market by region, segment, and vertical. The market has been segmented on the basis of components (solutions and services). The solutions considered for the cloud endpoint protection market include anti-virus, anti-spyware, firewall, endpoint device control, anti-phishing, and endpoint application control.

Major technology vendors in the cloud endpoint protection market include
• Symantec (US)
• Sophos (UK)
• Trend Micro (Japan)
• ESET (Slovakia)
• Kaspersky Lab (Russia)
• Palo Alto Networks (US)
• McAfee (US)
• Fortinet (US)
• Cisco Systems (US)
• Panda Security (Spain)
• Avast (Czech Republic)
• SentinelOne (US) and many more ..

North America is estimated to have the largest market size in 2018, owing to the presence of several vendors and rapid adoption of cloud-based solutions in the region. The market in APAC is expected to grow at the highest CAGR during the forecast period, owing to the increasing awareness and adoption of cloud-based endpoint protection solutions as these solutions are cost-effective and help in scaling business operations.

Endpoint device control solutions are primarily used by enterprises to control the data that may get transferred from enterprises through any removable media, such as hard drives, USBs, and iPods. Businesses are increasingly using portable devices for their advantages, such as efficiency and mobility, and their work tasks. However, the increasing use of such devices has posed a significant threat to companies data security. This has significantly increased the demand for such solutions across all verticals.

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