Endpoint Security Market-converted


Shitalbombe1060

Uploaded on Jan 15, 2021

Category Business

According to this latest publication from Meticulous Research®, the global endpoint security market is expected to grow at a CAGR of 5.9% from 2020 to 2027 to reach $18.6 billion by 2027. The market growth is majorly attributed to the factors such as exponential growth in endpoint devices, growing sophistication of endpoint attacks & breaches, and growing significance of endpoint security particularly in small and medium scale enterprises. The aforementioned factors are quite relevant to developed economies of North America and Europe. However, the trend of adopting endpoint security system is also growing rapidly in developing economies, ultimately supporting the market to grow with a considerable pace. However, several small and medium scale companies still do not perceive endpoint security as a comprehensive solution as well as misconception with respect to endpoint security floats among these industries. These are some of the key challenges obstructing the growth of the endpoint security solutions market. Besides, economic slowdown due to the global COVID-19 pandemic has also affected the growth of the endpoint security market.

Category Business

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