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.
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.
The global telecom endpoint security market is segmented as follows:
Global Telecom Endpoint Security Market, by Technology and Services
- Personal IPS/IDS
- Mobile Application Management
- Endpoint Encryption
- Mobile Device Development
- Personal Firewall
- Behavioral Blocking Software
- Configuration and Patch Management
Global Telecom Endpoint Security Market, by Industry Vertical
- Information Technology
- Banking, Financial Services and Insurance
- Consumer Goods
- Energy and Utilities
- Life Sciences
Global Telecom Endpoint Security Market, by Geography
- North America
- Asia Pacific
- 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
- 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.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
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
- 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.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
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?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.