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The global Cloud Endpoint Protection market research report forecast to 2028 has been recently published by Reports and Data to help user understand the current market scenario.The forecast period predicts that the Cloud Endpoint Protection market will expand from USD 1,073.4 Million in 2018 to USD 2,417.7 Million by 2028, with a compound annual growth rate (CAGR) of 10.7%. This growth is driven by factors such as the increase in the number of endpoint devices, including laptops, IoT devices, smartphones, and other smart technologies, as well as the growing need for cost-effective alternatives for on-premises deployment type. Additionally, the rise in security threats and cyber-attacks on end-user devices, the increasing demand for digital traffic, and the high growth of IT infrastructure security in the media and entertainment vertical are also contributing factors.
On the other hand, the market may be constrained by the use of pirated endpoint protection solutions, the rise in demand for integrated endpoint security solutions, dynamic IT infrastructure, and increasing cyber threats.
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The information and communication technology sector is rapidly gaining traction owing to rapid technological advancements, high demand for smartphones, laptops, computers and other modern electronic devices, and increasing adoption of latest technologies such as Artificial Intelligence (AI), Internet of Things (IoT), and cloud services. The ICT sector consists of several sections, software, hardware, telecommunications and other services. Factors such as increasing demand for advanced ICT services in BFSI, agriculture, retail, hospital and healthcare, rapid adoption of digitalization, rising number of internet users and high demand of advanced services and devices are expected to drive global market revenue growth during the forecast period. Other factors such as increasing need for managing large data base, rising concerns about data security and increasing investments in R&D activities are expected to boost market growth during the forecast period.
Competitive Landscape:
Competitive landscape of global Cloud Endpoint Protection market is quite fragmented with regional and global key players. These market players are involved in various strategies including mergers and acquisitions, collaborations, new product launches or corporate deals to retain their market position and expand their product portfolio.
some leading companies operating in the global Cloud Endpoint Protection market:
The global market is further segmented into type and application:
By Type:
By Application:
Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.
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