Endpoint Protection Platform (EPP) Market Future Prospects
The endpoint protection platform market will generate an estimated revenue of USD 17.4 billion in 2024, and it is projected to expand at a rate of 10.8% from 2025 to 2030, reaching USD 31.7 billion by 2030.
The market is driven by the growing sale of internet-connected devices, such as laptops, smartphones, personal digital assistants, autonomous vehicles, remote patient monitoring equipment, and IoT-integrated factory machines. In this regard, the rampant digitization, people’s growing disposable income, government measures to enhance their IT infrastructure, and swift urbanization drive the market advance.
All this leads to the increasing number of cyberattacks, which, combined with the growing awareness among users to protect their sensitive information, impels them to adopt such solutions. Numerous organizations are facing complex cyberattacks, such as ransomware, phishing, and malware. To protect themselves, they are spending a huge amount on strong security systems, including advanced endpoint protection platforms (EPP).
As companies are using cloud services and remote work, they need strong security for their devices to protect their private data. This increases the demand for endpoint protection that works well with cloud and remote setups.