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.
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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.
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.
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.
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