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Global Cloud Endpoint Protection Market 2018-2023 - Growing Demand for Cost-Effective Alternatives for On-Premises Security DeploymentDUBLIN, Sept 19, 2018 /PRNewswire/ -- The "Cloud Endpoint Protection Market by Component, Solution (Antivirus, Anti-spyware, Firewall, Endpoint Device Control, Anti-phishing, Endpoint Application Control), Service, Organization Size, Vertical, and Region - Global Forecast 2023" report has been added to ResearchAndMarkets.com's offering. The global cloud endpoint protection market is expected to grow from USD 1,014.4 million in 2018 to USD 1,819.0 million by 2023, at a Compound Annual Growth Rate (CAGR) of 12.4% during the forecast period. Cloud endpoint protection solutions are easy to use SaaS-based security solutions that protect and manage mobile devices and servers from a single console. The advancement in technologies and hacking methods has increased the need for endpoint security system that can learn quickly and defend against security threats in real time. Moreover, benefits such as cost-effectiveness and scalability have propelled the demand for cloud endpoint protection solutions across verticals. This report provides detailed insights into the market by region, segment, and vertical. The market has been segmented on the basis of components (solutions and services). The solutions considered for the cloud endpoint protection market include anti-virus, anti-spyware, firewall, endpoint device control, anti-phishing, and endpoint application control. The services considered for the market include managed services, training and consulting, and maintenance and support. The market has been segmented by organization size into Small and Medium-sized Enterprises (SMEs) and large enterprises. The growing investments in cloud-based technologies across the globe are fueling the demand for cloud endpoint protection solutions and services, and increasing the growth of the cloud endpoint protection market. The market in North America is expected to hold the largest market size, due to the presence of major vendors and adoption of cloud associated services. APAC is expected to provide several opportunities for cloud endpoint protection vendors and projected to grow at the highest CAGR during the forecast period. The growing use of free or pirated endpoint protection solutions may restrain the market growth. In today's complex organizational infrastructure, there are multiple endpoints such as smartphones, tablets, desktops, and laptops through which end-users access the organizatonal data. This creates difficulty for cloud-based security solutions to maintain efficiency, security, and compliance over such complex organizational infrastructure. Various vendors provide cloud endpoint protection solutions for helping enterprises reduce their Capital Expenditure (CAPEX). Sophos is a leading provider of security solutions. The company offers security solutions for network security, end-user security, and server security. It has been following various organic as well as inorganic business growth strategies, such as mergers and acquisitions, new product launches, and product enhancements. Key Topics Covered: 1 Introduction For more information about this report visit https://www.researchandmarkets.com/research/2tvfp8/global_cloud?w=5 Media Contact: Research and Markets
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