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A Stringent Regulatory Environment and Rising Privacy Concerns Among Consumers will Drive Demand for Endpoint Security Solutions in Europe
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Data breaches are inevitable across every enterprise, and endpoints continue to be a popular vector of cyberattacks. In response, endpoint security tools have evolved from signature-based antivirus to advanced solutions.Endpoint security products include host-based software products that secure computing devices, including laptops, desktops, netbooks, tablets, servers, IoT devices, and smartphones, from malware, cyberattacks, unwanted applications, and physical loss or theft.Traditionally, endpoint security comprised 2 segments – endpoint protection platforms (EPPs) and endpoint detection and response (EDR) tools. Over the past 2 years, many vendors have combined EPP and EDR capabilities in a single platform, resulting in the birth of next-generation endpoint security tools.This study provides in-depth insight on key market dynamics, market forecasts, market trends, risk posture, and vendor dynamics.
Analysis by Business Size:
Analysis by Geography:
The base year for the study is 2019, and the forecast period is from 2020 to 2024.
The European endpoint security market is expected to grow at a compound annual growth rate (CAGR) of 7.0% between 2019 and 2024. The proliferation of IoT devices, the growing adoption of the cloud, and the ongoing digital transformation will drive market growth.
EPP integrated with EDR functionalities will see high demand. Stringent regulations and the rising awareness of cybersecurity will drive growth in the United Kingdom, France, Germany, Sweden, and Italy.
The competition among market participants is intense, and more than 40 vendors operate across different segments. The market is going through a phase of consolidation.
Key Issues Addressed
Author: Swetha Ramachandran Krishnamoorthi
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