Endpoint Security Market Regional Analysis:
North American Market Insights
North America region is likely to hold over 34.5% market share by 2035, due to increasing cyberattacks and the need for data protection. The threat of attack that can affect the market varies among individuals, businesses, and governments. As a result, data protection has become a prime concern in this area. Furthermore, cyberattacks in the North American region, especially in the United States, are increasing rapidly and reaching all-time highs, mainly due to the number of connected devices in the region. There were 1,473 data breaches reported to the United States in 2019 which included 164,68 million records that have been compromised.
APAC Market Insights
In the Asia Pacific region, the endpoint security market witnessed notable growth till 2035. A strong presence of small and medium-sized enterprises in this region, which use a number of endpoint security applications, constitutes the main driver for its fast growth. As a result of rapid investments in the IT infrastructure, wide use of the internet, and increasing adoption of smart devices, this region is one of the fastest-growing markets for endpoint security. All these factors are projected to boost the market growth in the assessment period.