Cloud Endpoint Protection Service Market Share

North American Market Forecast   

The North American cloud endpoint protection service market, amongst the market in all the other regions, is projected to hold the largest market share of about 40% by the end of 2037. The growth of the market can be attributed majorly to the rising adoption of the internet of things (IoT), and the rapidly rising penetration of the internet in the region.  For instance, in the United States, around 93% of people have an internet connection as of 2023, this is up from roughly 72% in 2012. Further, the presence of major vendors and the adoption of cloud-associated services, along with the rapidly increasing adoption of intelligent process automation are also estimated to spur market growth in the region. In addition to this, behavioral analysis for threat and breaching detection is also anticipated to push the market growth further throughout the forecast period in the region.

APAC Market Statistics

The Asia Pacific cloud endpoint protection service market, amongst the market in all the other regions, is projected to hold the second largest share of about 30% during the forecast period. The growth of the market can be attributed majorly to the massive increase in cybercrime threats in the region. For instance, in 2020, approximately 70% of APAC enterprises were breached. Furthermore, nearly 85% of firms reported an increase in the amount of email-based threats. In addition to this, massively increasing 5G infrastructure is also anticipated to drive market growth further during the forecast period in the region. Moreover, the government of several nations in the APAC region are also focusing on data protection on the back of the surging concerns of national security. This as a factor, is also estimated to fuel the market growth over the projected time frame in the region.

Europe Market Forecast

Further, the market in the European region, amongst the market in all the other regions, is projected to hold a considerable share of about 17% by the end of 2037. The growth of the market can be attributed majorly to the escalating focus of the government on increasing cybersecurity infrastructure. In addition to this, nations such as the United Kingdom, and Germany has raised their information and technology (IT) budget to tackle the surging stances of cyber-attacks is another prominent factor that is estimated to provide numerous growth opportunities for the cloud endpoint protection service market in the concerned region during the forecast period.