In 2023, the United States is expected to develop significantly in the endpoint protection platforms (EPP) market, with a size of US$ 1,095.6 million.
The endpoint protection platforms (EPP) market is predicted to be worth US$ 3,980 million in 2023, and rise to US$ 10,323.09 million by 2033. Initially, the global market was expanding at a CAGR of 10% from 2023 to 2033.
Government and public sectors are expanding drastically as a consequence of this industry’s growing digitalization and automation. Due to the growing use of cutting-edge technology to protect its assets, the IT and telecom industry is anticipated to have a significant market share throughout the forecast period.
Endpoint security solutions safeguard the network as well as the ports of entry that connect internal data to remotely connected devices like laptops, smartphones, and connected gadgets. It is regarded as the primary cybersecurity solution for protecting different company networks. Bring-your-own-device (BYOD) policies are projected to be implemented more frequently, which is likely to spur market expansion.
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The importance of endpoint detection and response (EDR) in endpoint protection solutions drives the high profit margins in the industry. Advanced preventative measures like Next-Generation Antivirus, which can stop both known and undiscovered malware, also contribute to the market expansion.
Key Takeaways
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Key Strategies in the Industry
The endpoint protection platforms sector is very crowded worldwide. The market entry of newcomers is being aided by the rise in both the number of cybercrimes and the possession of devices.
By incorporating cutting-edge technologies like AI, machine learning, and others into their current products, market participants focus on providing sophisticated and reliable endpoint protection solutions.
Recent Developments
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Key segments
By Solution:
By Deployment Mode:
By Enterprise Size:
By Industry:
By Region:
Future Market Insights, Inc. (ESOMAR certified, Stevie Award - recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market.
Jul 05, 2023