Global Endpoint Detection and Response Market 2017-2021
About Endpoint Detection and Response
Endpoint security is a methodology that is used for the protection of a corporate network when accessed by remote devices such as laptops, tablets, and smartphones. As the devices are remotely connected to the security solutions, it creates a potential intrusion of security threats. Endpoint security consists of two main components, namely security software and client software. Security software is centrally located and is installed on the server within the network. Client software is installed in every external device connected to the home network. This server or gateway verifies the logins from the endpoints and regularly updates the security software of the device.
Technavio’s analysts forecast the global endpoint detection and response market to grow at a CAGR of 8.64% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global endpoint detection and response market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of endpoint security software, which are standalone and integrated security software used by enterprises and individual consumers. Revenue generated from back-up and storage is not included in calculating the market size. On-premises and cloud-based deployment models are considered in the report.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Endpoint Detection and Response Market 2017-2021
Technavio recognizes the following companies as the key players in the global endpoint detection and response market: RSA Security, McAfee, Symantec, and Trend Micro.
Other Prominent Vendors in the market are: Avast Software, AVG Technologies, BeyondTrust, Check Point Software Technologies, CipherCloud, Cisco Systems, Clearswift, Digital Guardian, ESET, Fortinet, F-Secure, Gemalto, Hewlett Packard Enterprise Development, IBM, Microsoft, Panda Security, Proofpoint, Sophos, Trustwave, and WatchGuard Technologies.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is SaaS-based security products. Technological advances are forcing vendors to offer software-as-a-service (SaaS)-based endpoint detection and response solutions to their customers. Companies are increasingly adopting these solutions because of the many benefits such as the availability of pay-per-use models and the provision of instant access. SaaS-based endpoint detection and response solutions automatically update the product, thereby enabling it to respond to the latest security threats. The growing requirement for companies is boosting the demand for SaaS-based endpoint detection and response solutions.”
According to the report, one of the major drivers for this market is advances in wireless networks. The use of wireless networks, such as 2G and 3G, has increased with an increase in the use of mobile devices among individual consumers. However, long-term evolution (LTE) has evolved due to the high cost of upgrades for cellular infrastructure, high power consumption, and the disadvantages of 2G and 3G like weak digital signals.
Further, the report states that one of the major factors hindering the growth of this market is availability of open-source solutions. Open-source endpoint detection and response solutions are posing a serious threat to the market as these solutions are being rapidly adopted all over the world. Most of the small-scale enterprises and individual users have less of capital and cannot invest in expensive endpoint detection and response solutions. Hence, they adopt open-source network security solutions to manage their business operations with no capital investment. It tends to be an extremely economical solution for organizations with limited resources and expertise.
RSA Security, McAfee, Symantec, and Trend Micro.Other Prominent Vendors in the market are: Avast Software, AVG Technologies, BeyondTrust, Check Point Software Technologies, CipherCloud, Cisco Systems, Clearswift, Digital Guardian, ESET, Fortinet, F-Secure, Gemalto, Hewlett Packard Enterprise Development, IBM, Microsoft, Panda Security, Proofpoint, Sophos, Trustwave, and WatchGuard Technologies.