Endpoint Security Software Market Will Reach $5.9 Billion By 2021
New Forrester data forecasts that the endpoint security software market will grow at a 4.5% annual rate over the next five years, reaching an expected $5.9 billion by 2021. While new endpoint security solutions are typically more costly than traditional antimalware, Forrester expects that these emerging security suites will be the main drivers of its projected market growth.
In its new endpoint security software forecast, Forrester also found that:
- Increased budgets will improve client threat management. Forty-five percent of global security decision makers plan to increase their spending on client threat management, up from 39% in 2015.
- Endpoint visibility and control (EVC) will experience the fastest growth. The EVC market is expected to grow 23.2% over the next five years. EVC products allow security and risk professionals to discover and prevent potential threats.
- Application integrity protection solutions will see high growth. Products using machine learning and artificial intelligence to detect abnormal patterns of application behavior are projected to grow by 19.1% by 2021.
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