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IP cameras offer a variety of features such as high image resolution, low price, and scalability. The growing implementation of IP cameras by enterprise customers and other end users is anticipated to be a major growth driver for the industry.
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Endpoint Security Market Present Scenario and Growth Prospects 2017-2024: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024 Low Power Wide Area Network
Regional Analysis of Endpoint Security Market: • North America currently dominates the endpoint security market owing to the increased new & advanced technology adoption by the IT industry and presence of several vendors. However, Asia Pacific is anticipated to witness fast growth due to the increasing need for cyber security and penetration of technology. • The endpoint security market ecosystem consists of security solution vendors, security service providers, system integrators, and consulting firms. • Major security solutions vendors include Intel Security, McAfee, Symantec, Trend Micro, AVG Technologies, Forcepoint, RSA Security, Gemalto, Avast Software, ESET, eEye Digital Security, Blue Coat Systems, Digital Guardian, Cisco Systems, Check Point Software, and CipherCloud. Some other prominent vendors are WatchGuard Technologies, Clearswift, Trustwave, Sophos, F-Secure, Proofpoint, Panda Security, and Kaspersky Lab.
Application Analysis of Endpoint Security Market : • Endpoint security market on the basis of service are managed services, training & support, and consulting. These can be deployed on cloud & on-premises and can be implemented in large enterprises and SMBs. • The endpoint security market end-use industries include IT & telecom, government & defense, healthcare, BFSI, transportation, manufacturing, retail, energy & utilities, and education. The government and defense sectors together are projected to hold the largest market share.
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Competitive Market Share of Endpoint Security Market • The endpoint security market is fragmented with the presence of many small vendors operating in niche segments with superior technology. They need to differentiate their products and services through a unique value proposition on account of the market’s intensely competitive environment. Strategies, such as mergers and acquisitions, are anticipated to increase the scope of large vendors to enter the market. • Big companies including McAfee, Symantec, and TrendMicro have acquired many small companies from 2010 to 2015 and are anticipated to continue during the forecast timeframe. Increased investment in R&D will drive the growth further. For instance, vendors, such as McAfee, triumphant, Trend Micro, and Cisco Systems, have invested in innovations in incident detection, response, and prevention.
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