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Global Endpoint Security Market Pegged For Strong Growth During The Forecast Period: Grand View Research Inc.
by sonali_86 · November 28 Francisco Lindor Puerto Rico Jersey , 2018
evice security is projected to expand at a substantial CAGR of 16% from 2016 to 2024. Rising use of mobile phones coupled with growing adoption of BYOD can fuel growth in the forthcoming years. Mobile devices are vulnerable to threats such as eavesdropping, unlicensed application Rene Rivera Puerto Rico Jersey , mobile malware, and theft. Use of advanced solutions to protect mobile phones from such threats can augment market growth over the forecast period.

Based on deployment, the market for endpoint security can be divided into cloud and on-premise. In 2015, cloud accounted for 36.6% market share. It is expected to witness steady CAGR during the forecast period attributed to reduced investment and expenditure. In addition, shifting consumer preference from on premise to cloud services as the on premise security service is likely to bode well for market expansion.

Based on organization, the market can be bifurcated into large enterprises and Small and Medium Businesses (SMBs). In 2015 Roberto Perez Puerto Rico Jersey , large enterprises dominated the market and accounted for around 77% market share. The need to upgrade existing security systems and rising adoption of new solutions for complete threat prevention can fuel demand in near future. However, reluctance of SMBs to outsource security services to third party can restrict adoption. Nonetheless, prevalence of data breaches in SMBs is expected to boost adoption in near future.

Browse more reports of this category by Grand View Resear n application, the market for endpoint security can be segmented into industrial, BFSI, education Yadier Molina Puerto Rico Jersey , retail, medical, IT and telecom, and others. IT and telecom and BFSI are anticipated to gain significant market shares during the forecast period. Rising incidence of data breaches and awareness regarding data safety are expected to propel demand over the forecast period. Medical sector is projected to adopt endpoint security attributed to increasing number of alechina.com/]Wholesale Nike Shoes Free Shipping[/url]