TechNavio recognizes the following companies as the key players in the Global Endpoint Security Market: Kaspersky Lab ZAO, McAfee Inc., Sophos Ltd., Symantec Corp., and Trend Micro Inc.
Commenting on the report, an analyst from TechNavio’s team said: “One of the major trends observed in the market is the increased adoption of SaaS-based security solutions. Since SaaS-based security solutions follow the pay-per-use model, they are less expensive than the traditional full license security solutions. Further, these solutions provide other advantages such as ease of installation and upgrading. Witnessing the increased adoption of SaaS-based security solutions, all the major vendors such as McAfee and Symantec are providing SaaS-based security solutions. The high adoption of SaaS-based security solutions can be gauged from the fact that the Global SaaS-based Security Solutions market is expected to witness growth of over 20 percent. The market is expected to witness adoption of these solutions by various sizes of industries, including small businesses.”
According to the report, one of the major drivers is the increase in regulatory compliance requirements. Increasingly strict regulatory compliance requirements mean any breach will result in not only reputational loss, but also high financial penalties. Hence, this is driving end-users to proactively secure their network infrastructure.
Further, the report states that the major challenge faced by the market is the increased complexity of the network infrastructure. As the number of security devices is increasing, end-users are expecting solutions with better integration. This is creating a challenge for vendors because they have to provide solutions with better and seamless integration. In addition, the price of the products is increasing. This is affecting the adoption of solutions, thereby affecting the growth of the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-endpoint-security-market-2014-2018
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report -Global Endpoint Security Market 2014-2018
