Cloud Endpoint Protection Market Overview
The Cloud Endpoint Protection Market Size was estimated at 11.85 (USD Billion) in 2022. The Cloud Endpoint Protection Market Industry is expected to grow from 13.19(USD Billion) in 2023 to 34.7 (USD Billion) by 2032. The Cloud Endpoint Protection Market CAGR (growth rate) is expected to be around 11.35% during the forecast period (2024 - 2032).
Key Cloud Endpoint Protection Market Trends Highlighted
The Cloud Endpoint Protection market is expanding strongly due to the adoption of cloud computing, as well as the concern for end users’ security. Organizations have to, therefore, come up with efficient solutions capable of protecting endpoints, which are moving applications and workloads to the cloud.
Other trends that are becoming more apparent in the forecast period of the mobile device security market are the proliferation of mobile and IoT devices, which increase the attack surfaces and the preparedness for mobile endpoint protection alternatives addressing these growing concerns. Of concern is the increasing practice of cyber-attacks, including targeting such as ransomware and phishing, which call for enhanced alternatives for endpoint security that could incorporate machine learning and behavioral analytics.
There are possibilities for growth in the managed endpoint protection services, which enable the customers to secure their endpoints and offer ongoing support. Also advantageous is the deployment of cloud endpoint protection services with other security solutions like network security and swamp security systems for enhanced threat visibility and coordinated response.
Figure1: Cloud Endpoint Protection Market, 2018 - 2032 (USD Billion)
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Cloud Endpoint Protection Market Drivers
Increased Adoption of Cloud-Based Services
The increasing adoption of cloud-based services is one of the primary drivers of the global Cloud Endpoint Protection Market Industry. Businesses are increasingly moving their applications and data to the cloud to take advantage of the benefits of scalability, flexibility, and cost-effectiveness. However, this shift to the cloud also exposes businesses to new security risks, as cloud-based applications and data are often more vulnerable to cyberattacks.Cloud endpoint protection solutions play a critical role in protecting cloud-based environments from these threats by providing visibility into cloud workloads, detecting and blocking malicious activity, and ensuring compliance with security regulations.
Growing Prevalence of Cyberattacks
The growing prevalence of cyberattacks is another key driver of the global Cloud Endpoint Protection Market Industry. Cybercriminals are constantly developing new and sophisticated attack techniques, and businesses are increasingly becoming targets of these attacks. Cloud endpoint protection solutions can help businesses protect their endpoints from these attacks by detecting and blocking malicious activity, isolating infected endpoints, and providing threat intelligence.
Increasing Stringency of Data Protection Regulations
The increasing stringency of data protection regulations is also driving the growth of the global Cloud Endpoint Protection Market Industry. Governments around the world are enacting new laws and regulations to protect the personal data of their citizens. These regulations require businesses to implement robust security measures to protect data from unauthorized access, use, or disclosure. Cloud endpoint protection solutions can help businesses to comply with these regulations by providing comprehensive protection for endpoints.
Cloud Endpoint Protection Market Segment Insights
Cloud Endpoint Protection Market Deployment Type Insights
The Global Cloud Endpoint Protection Market segmentation by Deployment Type is categorized into Cloud-based and On-premises. The Cloud-based segment held the largest market share in 2023, and it is expected to continue its dominance during the forecast period. The growth of this segment can be attributed to the increasing adoption of cloud-based security solutions by enterprises. Cloud-based deployment offers several advantages, such as scalability, flexibility, and cost-effectiveness. Moreover, cloud-based solutions eliminate the need for on-premises infrastructure and maintenance, making them an attractive option for businesses of all sizes.The On-premises segment accounted for a significant market share in 2023, and it is expected to witness steady growth during the forecast period. On-premises deployment provides organizations with greater control over their security infrastructure.
Figure2: Cloud Endpoint Protection Market, By Deployment Type, 2023 & 2032 (USD billion)
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Cloud Endpoint Protection Market Endpoint Type Insights
The Endpoint Type segment in the Global Cloud Endpoint Protection Market is categorized into laptops, desktops, servers, and mobile devices. Among these, laptops hold the largest market share due to their widespread use in both personal and professional settings. In 2023, the Global Cloud Endpoint Protection Market for laptops was valued at around USD 5.2 billion and is projected to reach USD 10.4 billion by 2032, with a CAGR of 9.8%. The growing adoption of remote work and BYOD (Bring Your Own Device) policies is driving the demand for cloud endpoint protection solutions for laptops.Desktops represent another significant segment in the Global Cloud Endpoint Protection Market, with a market size of around USD 3.5 billion in 2023. The market for cloud endpoint protection solutions for desktops is expected to grow at a CAGR of 8.7% during the forecast period, reaching USD 7.1 billion by 2032. The increasing threat landscape and the need to protect sensitive data on desktops are driving the demand for these solutions. Servers and mobile devices also contribute to the Global Cloud Endpoint Protection Market growth. The market for cloud endpoint protection solutions for servers is expected to reach USD 2.6 billion by 2032, while the market for mobile devices is projected to grow at a CAGR of 10.5% during the forecast period, reaching USD 4.2 billion by 2032.The growing adoption of cloud computing and the proliferation of mobile devices are driving the demand for these solutions.
Cloud Endpoint Protection Market Target Threat Insights
The Global Cloud Endpoint Protection Market segmentation by Target Threat includes Malware, Phishing, Ransomware, and Advanced Persistent Threats (APTs). The Malware segment accounted for the largest revenue share in 2023, and it is projected to continue its dominance throughout the forecast period. The Phishing segment is expected to register the highest CAGR during the forecast period, owing to the increasing number of phishing attacks. Ransomware attacks are becoming more sophisticated and are targeting critical infrastructure and businesses.APTs are targeted attacks that are difficult to detect and can cause significant damage to an organization. The increasing adoption of cloud-based services is driving the demand for cloud endpoint protection solutions that can protect against these threats.
Cloud Endpoint Protection Market Managed Service Insights
Managed services, including Managed Security Service Providers (MSSPs), cloud managed services, and in-house management, play a significant role in the Global Cloud Endpoint Protection Market. MSSPs offer comprehensive security monitoring, threat detection, and response services, enabling organizations to enhance their security posture without investing in dedicated security expertise and infrastructure. Cloud managed services provide cloud-based endpoint security solutions that leverage economies of scale and advanced threat intelligence to protect endpoints across various locations.In-house management involves organizations maintaining their endpoint security infrastructure and expertise, providing flexibility and control over security policies and configurations. The Global Cloud Endpoint Protection Market segmentation offers valuable insights into the adoption and growth of managed services, contributing to the overall market growth. The market data indicates a rise in the adoption of managed services due to increasing security concerns, the need for specialized expertise, and cost optimization strategies.
Cloud Endpoint Protection Market Regional Insights
The Global Cloud Endpoint Protection Market size is expected to reach USD 34.7 Billion in 2032, exhibiting a CAGR of 11.35% during the forecast period. Regionally, North America held the largest revenue share in 2023. The region's dominance can be attributed to the presence of a large number of technology companies and the growing adoption of cloud-based solutions by enterprises. Europe is expected to witness significant growth in the coming years due to the increasing awareness of cybersecurity threats and the growing need for data protection. The Asia Pacific region is expected to be the fastest-growing region due to the increasing adoption of cloud endpoint protection solutions by small and medium-sized businesses (SMBs).South America and the Middle East and Africa (MEA) regions are also expected to experience steady growth in the coming years.
Figure3: Cloud Endpoint Protection Market, By Regional, 2023 & 2032 (USD billion)
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Cloud Endpoint Protection Market Key Players And Competitive Insights
Major players in the cloud endpoint protection market are investing heavily in research and development to stay ahead of the competition. Leading Cloud Endpoint Protection Market players are focusing on developing innovative solutions that can meet the evolving needs of customers. The development of the Cloud Endpoint Protection Market is being driven by the increasing adoption of cloud-based services and the growing threat of cyberattacks. The Cloud Endpoint Protection Market Competitive Landscape is expected to remain competitive in the coming years, with new entrants and existing players vying for market share.CrowdStrike is a leading provider of cloud-based endpoint protection solutions. The company's Falcon platform uses artificial intelligence (AI) to detect and prevent cyberattacks. CrowdStrike has a strong track record of innovation and has been recognized as a leader in the Cloud Endpoint Protection Market. The company has a large customer base and is expanding its reach through partnerships with managed service providers (MSPs) and other channel partners.SentinelOne is a leading provider of endpoint protection solutions. The company's Singularity XDR platform uses machine learning (ML) to detect and prevent cyberattacks. SentinelOne has a strong focus on innovation and has been recognized for its advanced technology. The company has a growing customer base and is expanding its reach through partnerships with MSPs and other channel partners.
Key Companies in the Cloud Endpoint Protection Market Include
Cloud Endpoint Protection Market Industry Developments
The Cloud Endpoint Protection Market is projected to reach $34.7 billion by 2032, exhibiting a CAGR of 11.35% from 2024 to 2032. Growing concerns over endpoint security and the increasing adoption of cloud-based services are key factors driving market growth. The rise of remote work and bring-your-own-device (BYOD) trends has heightened the need for robust endpoint protection solutions in recent years.Recent developments include the launch of new products and partnerships by major vendors. For instance, in 2023, Microsoft announced the integration of its Cloud Endpoint Protection solution with Windows 365, providing enhanced security for endpoint devices. The market is also witnessing strategic acquisitions, such as VMware's acquisition of Carbon Black in 2019, to expand product offerings and strengthen market share.
Cloud Endpoint Protection Market Segmentation Insights
Cloud Endpoint Protection Market Deployment Type Outlook
Cloud Endpoint Protection Market Endpoint Type Outlook
- Laptops
- Desktops
- Servers
- Mobile devices
Cloud Endpoint Protection Market Target Threat Outlook
- Malware
- Phishing
- Ransomware
- Advanced Persistent Threats (APTs)
Cloud Endpoint Protection Market Managed Service Outlook
- Managed Security Service Providers (MSSPs)
- Cloud Managed Services
- In-house Management
Cloud Endpoint Protection Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
11.85(USD Billion) |
| Market Size 2023 |
13.19(USD Billion) |
| Market Size 2032 |
34.7(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
11.35% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Palo Alto Networks, SentinelOne, Check Point Software Technologies, Microsoft, Avast, Symantec, McAfee, ESET, Sophos, Bitdefender, CrowdStrike, Trend Micro, Fortinet, Kaspersky, VMware |
| Segments Covered |
Deployment Type, Endpoint Type, Target Threat, Managed Service, Regional |
| Key Market Opportunities |
Expansion into emerging markets, adoption in non-IT sectors, IoT security integration, cloud-native application protection and AIdriven threat detection |
| Key Market Dynamics |
Increased remote work Cloud migration Sophisticated cyberattacks Growing mobile device adoption Rise in IoT devices |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Global Cloud Endpoint Protection Market is projected to reach a valuation of USD 13.19 billion in 2023.
The Global Cloud Endpoint Protection Market is expected to exhibit a CAGR of 11.35% from 2024 to 2032.
North America is expected to hold the largest market share in the Global Cloud Endpoint Protection Market in 2023.
The BFSI sector is expected to drive the growth of the Global Cloud Endpoint Protection Market.
Some of the key competitors in the Global Cloud Endpoint Protection Market include CrowdStrike, Microsoft, and SentinelOne.
The increasing adoption of cloud-based services and the growing threat of cyberattacks are major factors driving the growth of the Global Cloud Endpoint Protection Market.
The lack of awareness about cloud endpoint protection solutions and the high cost of implementation are major challenges faced by the Global Cloud Endpoint Protection Market.
The convergence of cloud endpoint protection and network security solutions is a key trend shaping the Global Cloud Endpoint Protection Market.
The COVID-19 pandemic has accelerated the adoption of cloud endpoint protection solutions due to the increased reliance on remote work.
The growing adoption of IoT devices and the increasing demand for managed security services are future growth opportunities for the Global Cloud Endpoint Protection Market.
