Cloud Endpoint Protection Service Market Analysis

Organization (SMEs, Large Enterprises)

The global cloud endpoint protection service market is segmented and analyzed for demand and supply by organization size into small and medium-sized enterprises (SMEs), and large enterprises. Out of these two types of segments, the large enterprise segment is estimated to gain the largest market share over the projected time frame. The growth of the segment can be attributed to the escalating adoption of advanced connected technology in large businesses, coupled with the significantly surging adoption of digital transformation. For instance, based on a recent survey, around 75% of large organizations throughout the world acknowledged using at least one emerging technology to manage their operations and finance tasks. Moreover, the increasing adoption of the BYOD policy in workplaces, backed by the rising proportion of work-from-home employees is also fueling the demand for cloud endpoint protection services. For instance, in 2022, approximately 28% of US employees worked remotely. By 2025, around 36 million US employees are projected to work remotely. Hence, this factor is anticipated to further boost the segment growth during the projected time frame.

Component (Solutions, Services)

The global cloud endpoint protection service market is also segmented and analyzed for demand and supply by component into solutions, and services. Amongst these two segments, the solutions segment is expected to garner a significant share. The growth of the segment can be credited to the significant growth in the adoption of endpoint device control solutions, since it is used by various enterprises to have control over the data transferred from enterprises through removable media, such as hard drives, USBs, and iPods. Moreover, the surging count of endpoints in organizations is also a major factor that is estimated to drive segment growth in the coming years.

Our in-depth analysis of the global market includes the following segments: