Global Telecom Endpoint Security Market – Snapshot
Alterations in security standards, strict government regulations, and rapid adoption of newer technology are propelling the global telecom endpoint security market. Organizations are demanding advanced security solutions to enable effective preventive systems to all the computing equipment in network. Several companies are spending their resources on different technologies to analyze vulnerabilities, test software, secure internet protocols, and improve capabilities of connected devices. Furthermore, deployment of security process applications and background authentication is increasing due to the augmenting utilization of network-based applications.
Increasing cyber intrusions, increasing complexities in cyber security threats, adoption of bring your own device (BYOD) model, and rising number of mobile workers in companies are envisioned to expand the global market for telecom endpoint security. Industry verticals such as education, life sciences, energy and utilities, telecommunication, manufacturing, consumer goods, retail, government, insurance, finance services, business, healthcare, and information technology (IT) are demanding for effective security solutions. The information technology sector dominates the market in terms of value.
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The technology of cloud storage allows organizations to store data at one place, which is accessible using the internet using any device such smartphone, tablet, or PC. This is motivating companies to adopt cloud storage, which is increasing the need for cloud-based security solutions. As the data is stored at a single place, the threat from data breaches has increased, which is expected to help the global telecom endpoint security market grow further. Companies such as Trend Micro Incorporated, Intel Security Inc., F-Secure, IBM Corporation, ESET, Bitdefender, Cisco, Sophos Ltd, Symantec Corporation, Panda Security SL, Kaspersky Labs, and Microsoft Corporation are continuously developing security solutions to minimize the rising cyber threat.
Global Telecom Endpoint Security Market: Overview
Telecom security solutions are gaining traction among organizations mainly due to two reasons, firstly to provide advanced prevention and secondly to provide advanced detection and response time to all computing equipment in network. An endpoint device refers to an Internet-capable computing device such as desktop computers, smartphones, laptops, tablets, and other specialized computer hardware such as point of sale (POS) terminals and smart meters. A policy-based approach is recommended for network security, wherein the endpoint devices need to comply with specific criteria before they receive access to network resources. The introduction of strict mandates to safeguard network security of organizations will lead the global telecom endpoint security market to display significant growth over the forecast period, says a recent market study by Transparency Market Research.
The research report studies the growth trends, market indicators, and technological developments that will have a bearing on the growth of the global telecom endpoint security market for the 2016-2024 period. The report analyzes the various aspects of the market to present the growth trajectory of the market during the forecast period.
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The report is presented after collecting data from primary and secondary sources and receiving valuable inputs from opinion leaders. The report analyzes the current competitive structure of the telecom endpoint security market and the changing competitive hierarchy until the end of the forecast period in 224. The report is presented in a chapter-wise layout, which is further divided into sections. The report contains an array of tables and graphical representations for depicting the growth trajectory of the market both textually and pictorially.
Global Telecom Endpoint Security Market: Drivers and Restraints
The rapid adoption of newer technology, strict government regulations, and alterations in security standards are some of the major factors driving the global telecom endpoint security market. The rising number of mobile workers in companies, the introduction of bring your own device (BYOD) model and increasing complexities in cyber security threats and intrusions are some other factors driving the market. The increasing practice of utilization of network-based applications, which necessitates the deployment of background authentication and security process applications. However, the growth of the telecom endpoint security market is hampered due to certain factors. This includes data thefts, rising malware and spam ware attacks, and increasing cyber-attacks.
Global Telecom Endpoint Security Market: Market Segmentation
The global telecom endpoint security market is analyzed on the basis of technology and services, industry vertical, and geography. On the basis of technology and services, antivirus, anti-malware, personal IPS/IDS, mobile application management, endpoint encryption, antispyware, mobile device development, personal firewall, behavioral blocking software, and configuration and patch management are the segments of the market.
By industry vertical, information technology (IT), healthcare, Business, finance services, and insurance, government, retail, consumer goods, manufacturing, telecommunication, energy and utilities, life sciences, and education are some of the major segments of the global telecom endpoint security market. The regional segments of the global telecom endpoint security market are North America, Europe, Asia Pacific, and Rest of the World.
Major Companies Mentioned in Report
The report mentions and profiles the key players operating in the global telecom endpoint security market, namely McAfee Inc., Symantec Corporation, Check Point Software Technologies Ltd., IBM Corp., Panda Security, LG Telecom, Kaspersky Lab ZAO, AVG Technologies, CA Technologies, Cisco Systems Inc., and Sophos Ltd. among others.
The global telecom endpoint security market is segmented as follows:
Global Telecom Endpoint Security Market, by Technology and Services
Antivirus
Anti-malware
Personal IPS/IDS
Mobile Application Management
Endpoint Encryption
Antispyware
Mobile Device Development
Personal Firewall
Behavioral Blocking Software
Configuration and Patch Management
Global Telecom Endpoint Security Market, by Industry Vertical
Information Technology
Healthcare
Banking, Financial Services and Insurance
Government
Retail
Consumer Goods
Telecommunications
Energy and Utilities
Life Sciences
Manufacturing
Education
Global Telecom Endpoint Security Market, by Geography
North America
Asia Pacific
Europe
Rest of the World
This report gives you access to decisive data such as:
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for the coming years
Key highlights
Overview of key market forces propelling and restraining market growth
Up-to-date analyses of market trends and technological improvements
Pin-point analyses of market competition dynamics to offer you a competitive edge
An analysis of strategies of major competitors
An array of graphics and SWOT analysis of major industry segments
Detailed analyses of industry trends
A well-defined technological growth map with an impact-analysis
A clear understanding of the competitive landscape and key product segments
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
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The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
North America
Asia Pacific
Europe
Latin America
The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
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