Vendors Eye More Corporate Endpoint Security Growth
Endpoint security platforms continue to experience growth, driven by the need to protect mobile devices and virtual environments, according to Framingham, Mass.-based IDC. The global endpoint security market came in at $8.8 billion in 2013, according to IDC's analysis issued this month. The company expects the global market for endpoint security software to grow at a compound annual growth rate (CAGR) of 5.1 percent from 2013 to 2018. The majority of the market is consumer-based, said IDC, but analysts predict the global corporate endpoint security market will experience slightly higher growth than consumer offerings and ultimately make up a larger portion of the overall global market. CRN pulled together 10 of the global leaders in the corporate endpoint security market listed in the IDC study along with an upate on each vendor's overall growth strategy and product development.