The endpoint security management segment is expected to grow significantly between 2023 to 2029.
Various aspects support the market. First, let’s take a look at what the statistics say.
The size of the world market for endpoint security management, estimated at USD 1907.95 million in 2022, is projected to increase at a CAGR of 2.29 percent.
Further, through the forecast period (2023 to 2028), the market is expected to reach around USD 2186.07 million by 2028.
Application control, which prevents the usage of risky or unapproved programs, and encryption are two ways that endpoint protection platforms secure access points.
The other market segment, the Endpoint Detection Response, EDR, is the fastest-growing segment.
Contemporary EPPs have developed to leverage the cloud to store a growing database of threat information, which allows for higher speed and scalability while requiring less maintenance.
Reliance on technology is another criterion that surfaces as a market driver. Advanced technologies are being constantly integrated into the sector. The potential of the latest technologies to revolutionize is proven beyond doubt. As a result, leading industry players are acknowledging the trend.