CHICAGO, July 30,
2024 /PRNewswire/ -- The global Endpoint
Protection Platform Market size is projected to grow from
USD 17.4 billion in 2024 to
USD 29.0 billion by 2029 at a
Compound Annual Growth Rate (CAGR) of 10.7% during the forecast
period, according to a new report by MarketsandMarkets™. By
combining AI with machine learning, EPP solutions can dramatically
improve threat management capability through proactive detection
and response against emerging cyber threats. As businesses are
under ever-increasing attacks and cyber-attacks become more
frequent and complex, the demand for adaptive endpoint security
solutions is on a rise. AI and ML technology empowers EPPs to
analyze huge information in real-time, fast detection of potential
security breaches, and management of threats before their
escalation; therefore, it leads to increased adoption and expansion
in the cybersecurity scenario.
Browse in-depth TOC on "Endpoint Protection Platform
(EPP) Market"
433 – Tables
55 - Figures
323 – Pages
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Scope of the Report
Report
Metrics
|
Details
|
Market size available
for years
|
2018-2029
|
Base year
considered
|
2023
|
Forecast
period
|
2024–2029
|
Forecast
units
|
Value (USD
Billion)
|
Segments
Covered
|
Offering, Enforcement
Point, Deployment Mode, Organization Size, Vertical, And
Region
|
Geographies
covered
|
North America, Europe,
Asia Pacific, Middle East & Africa, and Latin
America
|
Companies
covered
|
Major vendors in the
global Endpoint Protection Platform Market include Microsoft (US),
CrowdStrike (US), Trend Micro (Japan), Palo Alto Networks (US),
SentinelOne (US), Check Point (US), Broadcom (US), VMware (US),
Fortinet (US), Tanium (US), Cisco (US), BlackBerry (Canada), ESET
(Slovak Republic), Sophos (England), Bitdefender (Romania),
WithSecure (Finland), Cybereason (US), WatchGuard (US), AhnLab
(South Korea), Trellix (US), Absolute (US), CoSoSys (US), Webroot
(US), Xcitium (US), ThreatLocker (US), and Deep Instinct
(US).
|
Based on the offering, the platform accounts for the
highest market size during the forecast period.
EPP platform segment comprises application control, web
filtering, firewalls, next-generation antivirus (NGAV), and
intrusion detection/prevention systems (IDPS) that collaborate to
provide robust protection against a wide range of advanced cyber
threats, driving the demand and adoption of platform-based EPP
solutions. The integrated EPP platform combines prevention
capabilities with EDR, vulnerability management, and threat
intelligence that ensures proactive threat detection, quick
reaction to evolving attacks, and effective vulnerability
management across endpoints.
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By deployment mode, on-premise accounts for the highest
market size during the forecast period.
The on-premise deployment mode is estimated to hold the largest
market share in the EPP market due to its tailored approach to
cybersecurity, especially in regulated industries. By deploying EPP
solutions on-premises, companies will have full control over their
data and comply with strict government regulations pertaining to
the sovereignty of sensitive information. Apart from this,
on-premise deployment resolves issues related to internet
connectivity and provides an uninterrupted protection mechanism in
case the internet gets disconnected. It also facilitates direct
integration with already existing legacy or third-party systems,
allowing enterprises to integrate advanced technologies into their
threat management architectures and minimize disruptions of
operations. The IT staff also have direct control over systems for
real-time changes of rules and policies, minimizing delays between
malware detection and remediation or launching incident response
measures. Companies like Trellix offer EPP solutions supporting
legacy and modern operating systems inside an on-premise solid
infrastructure.
By region, Asia Pacific will
grow at the highest CAGR during the forecast period.
These growing cyber threats have led to the maximum growth in
the EPP market in the Asia Pacific
region. APAC was the most attacked region across the globe in 2022,
accounting for nearly 31 percent of all cyber-attacks, where the
prime targets were government agencies, industrial organizations,
IT companies, and financial institutions. Increasing investment by
enterprises in cybersecurity, due to a rise in the number of cyber
threats, is encouraging endpoint security solution providers to
expand. For example, in January 2024,
ESET inaugurated a new APAC office in Singapore. The new office in Singapore will help ESET to better service
APAC customers and partners. Additionally, in November 2023, Sequretek raised USD 8 million for the expansion of endpoint
security solutions across India.
This trend underlines the enormous demand and opportunities that
exist in this region for EPP vendors.
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Top Key Companies in Endpoint Protection Platform
Market:
Microsoft (US), CrowdStrike (US), Trend Micro (Japan), Palo Alto Networks (US), SentinelOne
(US), Check Point (US), Broadcom (US), VMware (US), Fortinet (US),
Tanium (US), Cisco (US), BlackBerry (Canada), ESET (Slovak Republic), Sophos
(England), Bitdefender
(Romania), WithSecure
(Finland), Cybereason (US),
WatchGuard (US), AhnLab (South
Korea), Trellix (US), Absolute (US), CoSoSys (US), Webroot
(US), Xcitium (US), ThreatLocker (US), and Deep Instinct (US) are
the key players and other players in the Endpoint Protection
Platform Market.
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