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Pune, June 09, 2020 (GLOBE NEWSWIRE) -- As per a recent report, organizations have reported more than 15% of endpoint attacks as compared to the last year. Fortune Business Insights in a report, titled "Endpoint Security Market Size, Share and Global Trend By Component (Software, Services), By Deployment (On-Premise, Cloud), By Enterprise Size (Large Enterprises, Small & Medium Enterprises), By End-Use Industry (BFSI, Telecom & IT, Retail, Healthcare, Government & Public Sector, Transportation, and Others) and Geography Forecast till 2026" predicts that the market is anticipated to exhibit a CAGR of 8.4% through the forecast years. The market was valued at US$ 5,304.5 MN in 2018 and is projected to reach US$ 10,026.9 MN by 2026. Increasing number of data breaches in organizations is propelling growth in the market. Moreover, rising number of unknown and new attacks regarding endpoint networks is compelling organizations to adopt endpoint security systems, thus increasing the endpoint security market share.

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The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

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Increasing Deployment of IoT Devices to Enable Growth in North America

Among regions, North America is anticipated to lead the global endpoint security market during the forecast period. The market was valued at US$ 2,121.2 Mn in 2018. This increasing growth is attributable to the presence of well-recognized players in the region. In addition to this, the increasing deployment of internet of things (IoT) devices across several industries is a potential growth contributor. The rising support from the U.S. federal government manages cybersecurity policies to support agencies improve the resiliency and safety of government's networks and systems.

Following North America, Europe is expected to grow at a healthy CAGR during the forecast years. Majority of the endpoint security market revenue is expected to come from Germany, France, and the U.K. as these countries are increasingly adopting endpoint security solutions. The market in Asia Pacific is estimated to grow at a rapid pace owing to the rising adoption of endpoint security devices across organizations. The rising awareness about endpoint security software in small and medium scale enterprises is propelling the endpoint security market growth.

Healthcare Institutions to Install Endpoint Security Systems to Counter Increasing Cyberattacks

Several organizations are allowing their employees to bring their own devices. The increasing trend of BYOD' is creating threat to security in work areas and creating a risk to security. Considering this, endpoint security tools play a crucial role by eliminating the risk of security threat. This, together with rising adoption of IoT and escalating demand for smart devices, is likely to increase the endpoint security market size by 2026.

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"At 7.4%, retail sector is likely to expand in the global endpoint security market. However, some industries such as government and public sector, BFSI, and telecom and IT are projected to cover half of the share in the market," said a lead analyst at Fortune Business Insights. "Also, healthcare industry is witnessing demand for endpoint security software owing to the increasing number of threats from cybercriminals," he added. These cybercriminals have put patient's lives at risk by installing malware and hijacking important data. Hence, the sector needs deployment of robust endpoint security systems to ensure a safe and secure IT ecosystem. Moreover, in healthcare sector there has been a persistent increase in the communication among stakeholders. This, in turn, has increased the pace of information flow, thereby rising the risk of malwares in the system. The rising demand for endpoint security solutions among sectors is expected to foster the endpoint security market revenue in the forthcoming years.

Majority of the Key Players Headquartered in North America

With the emergence of technologies such as Industry 4.0, big data, AI, and others, the concerns associated with data security and privacy are increasing. There are high chances of data breach, which fuels demand for endpoint security systems.

Majority of the leading players are headquartered in North America. These players are continuously upgrading their applications to offer security for endpoint security attacks. On 2018, Symantec develops a new IT management suite called ITMS 8.5. This suite offers a flexible, customized, and real-time solutions to manage endpoint security.

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Cyber Security Market Size, Share & Industry Analysis, By Solution (Network Security, Cloud Application Security, End-point Security, Secure Web Gateway, Internet Security), By Deployment Type (Cloud and On Premise), By Enterprise Size (Small & Medium Enterprise and Large Enterprise), By End-Use (BFSI, IT and Telecommunications, Retail, Healthcare, Government, Manufacturing) and Region Forecast, 2020-2027

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Endpoint Security Market to Cross US$ 10,026 MN by 2026, Growing Adoption of Work from Home Services to Favor Growth: Fortune Business Insights -...

Like many Canadians, I have been spending a little more time online while we #stayathome during the COVID-19 restrictions.

Last month Canadas large internet companies reported internet usage increases of over 50 per cent nationally. A report from April reports that Canadian usage of social media (in time spent) at the start of the pandemic had increased by a whopping 70 per cent.

So it turns out that I am not alone in my increased usage of Twitter and Facebook: a lot of us are turning to social media a lot more during these troubling times.

But social media can be a pretty toxic place at the best of times. The political partisan bickering, the Russian-financed bots (designed to destabilize democracy) and the keyboard warriors and trolls who foist their negativism and abuse from the comfort of anonymity can make for a stressful online experience.

Not to mention the online threats. In April, the Canadian Internet Registration Agency, in partnership with our cyber-security organizations launched the Canadian Shield, a free internet security service released in part because of the growing number COVID-19 cyber security threats.

During particularly troubling times being online can seem anything but a relaxing way to get information and entertainment.

I have some friends who have blocked Twitter and Facebook recently, solely for the anxiety it causes them. Others (myself included) have reported social media-fatigue that may or may not be linked of pandemic fatigue.

This issue first arose for me about a month ago. I was just about to reply to a nasty bot on Twitter and was consumed that day with COVID-19-related stress. Then I remembered a post of someone who I had started following on Twitter recently Gurdeep Pandher of Yukon.

Pandher is a bhangra musician and teaches bhangra-style dancing in Whitehorse, Yukon. The uploaded videos of his music and dancing are just absolutely stunning and so obviously happy.

I had been noticing over the first month of the pandemic that the pandemic hadnt changed the happiness that he was sharing with the rest of the world. Many of his videos feature drone footage of him dancing in beautiful Yukon locations. Another showed him dancing bhangra to the bagpipes of his closest neighbour. Every video exudes joy.

Curious to know how someone was remaining so positive, I reached out and he graciously replied.

I spoke by telephone with him from his remote cabin outside Whitehorse and asked him how he seems to remain so positive during this time.

I have read a lot of history. I watch a lot of historical movies. I am aware that humanity has gone through so much (refugee crises, wars, famines). But we survived. I take a lesson from that. We will survive he explains.

Pandher also explains that his art form helps keep him happy.

I think that the positive energy of bhangra keeps me positive. The dance is so happy. Its so high energy. It keeps me happy, positive and optimistic, he adds.

Like most people everywhere, Pandher had to change his approach because of the virus. He had been teaching in-person bhangra dance lessons to people from all walks of life in Whitehorse before the pandemic. Such classes were banned in the Yukon as they were in the rest of Canada because of COVID-19.

I had to make a few changes. I had to go online. I was hesitant because I didnt believe it would be possible to do what I do in person, online. The first class I posted I had 70 people from across Canada participate. This inspired a lot. Now I see people and have students from all over Canada and the world.

Thats mind-blowing to me how you can connect. I probably never would have taught online if not for COVID, he says.

In the weeks since we have spoken, Pandhers popularity online has only increased. He has since been featured on the CBC in print and on television and has been the guest of a podcast from the Bank of Montreal.

There is a reason why Pandher has been gaining international attention for what he is doing: his art and approach are a much needed antidote at this moment in Canadian and world history.

As he was quoted in that podcast, we can create happiness in a world thats not perfect.

That is a message I think we could all use right now.

More information about Pandher and his classes can be found at his website or you can find him on Twitter or Facebook.

Have a positive person you have been following online? Leave a comment. Follow Trevor Hutchinson on Twitter @hutchinson_tw

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Yukon's Gurdeep Pandher tries to spread some joy on social media - Lindsay Advocate