Media releases are provided as is by companies and have not been edited or checked for accuracy. Any queries should be directed to the company itself.
  • 20 September 2019 17:26

The $1Bn Endpoint Security Market in Asia Pacific, 2024 - Experiencing a CAGR of 8% from 2019

Asia Pacific Endpoint Security Market is expected to register a lucrative growth between 2017 and 2024 at a CAGR of over 8%.The anti-virus software segment in the endpoint security market is expected to hold a major market share of over 21% in 2024.

The Asia Pacific endpoint security market is growing due to the high rate of cyber-crimes and the extensive use of internet. India was ranked among the top five countries to be affected by cybercrimes in 2017, according to the Internet Security Threat Report (ISTR) by an online security firm Symantec. According to the ISTR by Symantec, Australia ranked second for having the highest proportion of malicious email-borne attack links in 2017. The rise in cyberattacks on government institutions and corporate networks has resulted in the adoption of firewall & encryption technologies mandatory with features such as application identification and control. The growing concerns for data breaches and the use of cloud computing platforms will help to stimulate the spending on the cloud firewall market. According to the Graphical Research new growth forecast report titled “Asia Pacific Endpoint Security Market Size By Component (Service, Software), By Deployment Model, By Application, Regional Outlook, Industry Size, Share, Growth Trends & Forecast, 2017 – 2024”, estimated to exceed USD 1 billion by 2024

The healthcare sector is expected to hold a market share of over 16% in 2024 due to the rising incidents of cyberattacks on healthcare networks. The rising cyberattacks in the healthcare industry due to internet-connected devices will increase the need to adopt advanced endpoint security solutions, such as intrusion prevention, anti-virus, and endpoint application control, to minimize the network vulnerabilities.

The Japan endpoint security market is projected to register an accelerated growth of over 8% between 2017 and 2024. Global cybersecurity companies are expanding their presence in Japan, strengthening the country’s cybersecurity infrastructure and offering advanced cybersecurity products to customers. In August 2016, Cylance, an American cybersecurity company, opened its new office in Japan to support the regional customers as well as OEMs. The Japanese government is currently working on various policies and training initiatives to improve the country’s cyber rating. The Ministry of Internal Affairs and Communications (MIC) launched the IoT Cybersecurity Action Program in January 2017, which accelerates the government’s efforts to build a skilled cyber workforce and establish a training center.

Some of the key vendors in the Asia Pacific endpoint security market include Symantec, Webroot Cisco, ESET, McAfee, Kaspersky Lab, VIPRE, Trend Micro, Sophos, Microsoft, Ahnlab, Comodo, Panda Security, IBM, and F-Secure.

Table of Content:

Chapter 1.Methodology & Scope

  • Market scope & definitions
  • Assumptions
  • Research methodology
     

Chapter 2.Executive Summary
 

Chapter 3.Industry Insights

  • Industry segmentation
  • Industry ecosystem analysis
  • Industry impact forces
    • Growth drivers
    • Growth restraints
  • Regulatory overview
  • Porter’s analysis
  • PESTEL analysis
  • Competitive landscape, 2017

Browse key industry insights along with Table of Content @ https://www.graphicalresearch.com/industry-insights/1158/asia-pacific-endpoint-security-market

Submit a media release

Editor's Recommendations

Brand Page

Events

View all events Submit your own security event

Latest Videos

More videos

Blog Posts

Media Release

More media release