Component (Software, Services)
The services segment is anticipated to account for 55% share of the global endpoint security market by the end of 2037. The growth of this market can be primarily driven by the increasing integration of cloud programs for managing the critical infrastructure of an organization. Additionally, factors such as growing concerns related to data privacy and security, expansion of new policies offering security solutions against cyber threats & attacks, and rise in the number of endpoint terminals are responsible for the growth of this segment in the projection period.
End Use (Retail, BFSI, IT & Telecom, Government & Public Sector, Healthcare, Manufacturing, Transportation)
Endpoint security market from the manufacturing segment is estimated to account for the largest revenue in the time period. Since the Industrial Internet of Things (IIoT) and Industry 4.0 improve production processes, give managers greater authority over managing inventory, and offer better digitization, they have also added a new level of risk for data breaches that could result in data loss or leakage for manufacturers. A wide variety of specialized and classified data, including active projects, product designs that businesses would not want to reveal, and private financial information that contains private data that hackers can access, are also stored on the networks of manufacturers. Nearly 25% of all cyberattacks that occurred in manufacturing organizations in 2022 were committed online.
Our in-depth analysis of the global market includes the following segments:
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Author Credits: Abhishek Verma
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