Cloud Endpoint Protection Market by Offering (Services, Solution), Organization Size (Large Enterprises, Small & Medium-Sized Enterprises), Vertical - Global Forecast 2024-2030

Cloud Endpoint Protection Market by Offering (Services, Solution), Organization Size (Large Enterprises, Small & Medium-Sized Enterprises), Vertical - Global Forecast 2024-2030

The Cloud Endpoint Protection Market size was estimated at USD 7.69 billion in 2023 and expected to reach USD 8.59 billion in 2024, at a CAGR 11.98% to reach USD 17.00 billion by 2030.

Cloud endpoint protection refers to a comprehensive security solution specifically designed to safeguard endpoints in network infrastructure by employing cloud-based technologies. Endpoints represent devices such as desktops, laptops, smartphones, servers, tablets, and workstations that connect to a corporate network or the internet. The primary objective of Cloud Endpoint Protection is to provide robust defense mechanisms against various forms of cyber threats, including malware, ransomware, phishing attacks, zero-day exploits, and advanced persistent threats. Increasing cyber-crime incidence resulting in significant loss of critical data and rapid transformation towards cloud-based infrastructure across industries contributing to the adoption of cloud endpoint protection. Moreover, stringent regulations imposed by governments worldwide for data privacy compliance significantly drive the market. Technical complexities associated with integrating cloud endpoint protection solutions within existing organizational IT infrastructures limit market growth. Furthermore, Integration with advanced technologies, including artificial intelligence and machine learning, to improve threat detection capabilities creates lucrative opportunities for market growth.

Regional Insights

In the American region, businesses are increasingly focusing on digital transformation, resulting in a growing demand for cloud-based endpoint protection. The emphasis on securing critical infrastructure and the implementation of government regulations significantly drives adoption in this region. Moreover, the Americas market is fueled by its robust financial sector, which prioritizes cybersecurity due to the sensitive nature of the data involved. In the European region, it has been instrumental in guiding consumer behavior towards purchasing secure products and services. Increased digitization and remote work have led organizations to adopt hybrid IT infrastructure, which includes both on-premise and cloud-based solutions requiring comprehensive endpoint protection strategies. The growing digital economy in the APAC region presents a significant opportunity for cloud endpoint protection providers. Emerging countries such as India, China, and Japan, with increasing adoption of mobile devices and internet services, demand robust endpoint security measures.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Cloud Endpoint Protection Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

Rising prevalence of security breaches and attacks on endpoints
Need for data integrity and confidentiality in enterprise endpoint devices
Increasing adoption of connected devices such as computers, laptops, smartphones, and BYOD trend

Market Restraints

Concerns associated with unauthorized internal access

Market Opportunities

Introduction of next-generation endpoint security solutions
Demand for unified endpoint management (UEM) tools

Market Challenges

New types of malware threats and limited availability of skilled IT technicians

Market Segmentation Analysis

Offerings: Increasing need for cloud endpoint protection Solutions due to to safeguard from potential threats
Organizational Size: Increasing usage of cloud endpoint protection solution by SMEs to protect their digital assets
Verticals: Growing adoption of Cloud endpoint protection solution by Banking, Financial Services & Insurance industry to prevent cyberattacks

Market Disruption Analysis

Porter’s Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Cloud Endpoint Protection Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Cloud Endpoint Protection Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Trellix Launches Comprehensive Endpoint Security Suite

Trellix introduced the Trellix Endpoint Security Suite, an advanced product based on XDR technology. This comprehensive suite offers Security Operations Center (SOC) analysts unparalleled visibility and control, all in a single platform. Endpoint security plays a crucial role in safeguarding business assets, and Trellix's innovative solution provides an end-to-end approach to tackle even the most sophisticated threats. With the Trellix Endpoint Security Suite, organizations can effectively protect their digital environment and proactively respond to emerging risks. This integrated suite empowers analysts to monitor and manage security threats with greater efficiency, saving valuable time and resources.

ThreatLocker enters agreement to acquire assets of HyperQube and appoints Craig Stevenson to Leadership Team

ThreatLocker, Inc. acquired virtualization technology assets from HyperQube. This acquisition is a significant step towards strengthening ThreatLocker's position in the market and delivering advanced endpoint protection solutions.

Xcitium Announces Partnership with TechData SYNNEX Brazil to Deliver Suite of Patented ZeroDwell Containment Endpoint and Managed Detection and Response (MDR) Solutions

Xcitium, previously known as Comodo Security Solutions, joined forces with TechData SYNNEX to globally distribute its patented ZeroDwell Endpoint and MDR/XDR technologies. The unique ZeroDwell Containment solution sets itself apart by utilizing Kernel-level API Virtualization technology to instantly contain unknown threats, such as ransomware and other malware, thereby preventing potential damage. With this advanced capability, the release of over 450,000 unknown threats and files on a daily basis is dramatically reduced.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Cloud Endpoint Protection Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Cloud Endpoint Protection Market, highlighting leading vendors and their innovative profiles. These include Absolute Software Corporation, Avast PLC, Bitdefender Holding B.V., Broadcom Inc., Cisco Systems Inc., CommVault Systems, Inc., CrowdStrike, Inc., Eset, LLC, Fortinet Inc, International Business Machines Corporation, K7 Computing Pvt. Ltd., Kaspersky Lab, Inc., Malwarebytes Corp, McAfee, Inc., Microsoft Corporation, Palo Alto Networks, Inc., SentinelOne, Inc., Sophos Inc., ThreatLocker Inc., Trellix by Musarubra US LLC, Trend Micro Inc., VMware, Inc., Watchguard Technologies Inc, Webroot by Open Text Corporation, and WithSecure Limited.

Market Segmentation & Coverage

This research report categorizes the Cloud Endpoint Protection Market to forecast the revenues and analyze trends in each of the following sub-markets:

Offering
Services
Maintenance & Support
Managed Services
Training, Consulting & Integration
Solution
Anti-Phishing
Anti-Spyware
Antivirus
Endpoint Application Control
Endpoint Device Control
Firewall
Organization Size
Large Enterprises
Small & Medium-Sized Enterprises
Vertical
Banking, Financial Services & Insurance
Education
Government & Defense
Healthcare
IT & Telecom
Manufacturing
Media & Entertainment
Retail
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year