The global endpoint security market is highly fragmented, characterized by the occupancy of several large multinational, regional, and small-scale vendors. Intense competitive environment of the market has compelled vendors to distinguish their product & service offerings by adhering to unique and clear value propositions. In order to enhance their product portfolio, well-established companies in the market are focusing on acquiring small-scale vendors.

TMR’s report projects the global endpoint security market to exhibit a CAGR of nearly 14% during the forecast period (2017-2026). Revenues from sales of end-point security across the globe are estimated to exceed US$ 40,000 Mn by 2026-end. Emerging concept of “bring your own device (BYOD)” across organizations has facilitated employees to access corporate data on their mobile devices. 

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However, this creates management and safety challenges that require advanced endpoint security solutions for safeguarding sensitive business information. Several vendors in the endpoint security market are focusing on the development of innovative solutions for catering demand for security of mobile devices. 

With rising penetration of internet worldwide, along with cloud solution offerings from several technology companies have made internet users to increasingly prefer saving crucial information on the web.