Cloud Endpoint Protection Service Market size was over USD 2.46 billion in 2024 and is poised to exceed USD 9.22 billion by 2037, witnessing over 10.7% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of cloud endpoint protection service is estimated at USD 2.67 billion.
The growth of the market can be attributed to the significantly increasing number of cyberattacks throughout the world, coupled with the rising requirement for efficient protection against such cyberattacks for endpoint protection. For instance, currently, cyber-attacks occur every 38 seconds throughout the world and hacking is used in nearly 46% of such attacks. Furthermore, extensive research associated with cloud endpoint protection services in western countries is also estimated to proliferate the market growth during the forecast period.
In addition to these, factors that are believed to fuel the market growth of cloud endpoint protection services include the rapid rise in connected devices across the globe, along with the surging ratio of endpoint devices. For instance, globally the ratio of connected devices is projected to increase by approximately 42 billion by 2025. Additionally, the worldwide escalating demand for accessible security services is gaining much hype as these services fulfill the requirement of various businesses with their desired endpoint security protection. Hence, this factor is also predicted to present the potential for market expansion over the projected period.
Author Credits: Abhishek Verma
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