New York, Nov. 07, 2023 (GLOBE NEWSWIRE) — The global endpoint security market size is slated to expand at ~10% CAGR between 2023 and 2035. The market is poised to garner a revenue of USD 150 billion by the end of 2035, up from a revenue of ~USD 23 billion in the year 2022.Growing digitization in the world is expected to create the demand for endpoint security. As the globe works to recover from the pandemic, one of the long-term consequences for many sophisticated economies has been the greater utilization of digital technologies. Working from home is becoming more widespread, and many businesses have expanded their online operations.
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According to recent data, digital transformation will add USD 100 trillion to the global economy by 2025. Furthermore, platform-driven transactions are estimated to enable about two-thirds of the USD 100 trillion in value at risk from digitization by 2025.
Growing Use of Online Platforms is to Boost the Growth of Endpoint Security Market
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