Endpoint Protection Suites Statistics, Trends And Facts 2023

As the threat landscape continues to evolve, the need for comprehensive endpoint protection becomes more crucial for organizations of all sizes.

Endpoint protection suites (EPS) offer a robust solution to secure endpoints such as desktops, laptops, servers, and mobile devices from various cyberattacks.

In this article, we’ll explore statistics related to endpoint protection suites.

Endpoint Protection Suites Statistics

Endpoint protection suites have gained significant popularity in recent years. Here are some of the latest statistics:

• The global endpoint security market is expected to reach $18.6 billion by 2024, growing at a CAGR of 8.2% from 2019 to 2024.
• In 2020, the average cost of a data breach was $3.86 million.
• In 2021, there were 5,258 publicly disclosed data breaches, resulting in the exposure of 7.5 billion records.
• According to a survey, 80% of organizations reported an increase in endpoint attacks in 2020.
• In 2020, the most common types of endpoint attacks were fileless attacks, ransomware, and phishing attacks.

Endpoint Protection Suites Facts

Endpoint protection suites are designed to protect devices, such as laptops, desktops, servers, and mobile devices, from various cyber threats. Here are some key facts about endpoint protection:

• Endpoint protection suites offer multiple layers of protection, including antivirus, firewall, intrusion detection and prevention, and behavioral analysis.
• Endpoint protection suites can also provide additional features, such as data encryption, data loss prevention, and application control.
• Endpoint protection suites can be deployed on-premises, in the cloud, or in a hybrid environment.
• Endpoint protection suites can also integrate with other security solutions, such as security information and event management (SIEM) and identity and access management (IAM) solutions.

Endpoint Protection Suites Benefits

Endpoint protection suites offer several benefits to businesses, including:

• Improved security posture: Endpoint protection suites can help businesses enhance their overall security posture by providing comprehensive protection against a wide range of threats.
• Simplified management: Endpoint protection suites offer centralized management capabilities, allowing businesses to manage all their devices from a single console.
• Reduced downtime: Endpoint protection suites can help prevent downtime caused by cyber attacks, which can result in lost revenue and productivity.
• Cost-effective: Endpoint protection suites can be more cost-effective than deploying multiple security solutions.

Endpoint Protection Suites Trends

Endpoint protection suites are constantly evolving to keep up with the latest cyber threats. Here are some of the latest trends in endpoint protection:

• Artificial intelligence and machine learning: Endpoint protection suites are incorporating artificial intelligence and machine learning to improve threat detection and response.
• Zero-trust security: Endpoint protection suites are adopting a zero-trust security approach, where every user, device, and application is treated as a potential threat.
• Cloud-native: Endpoint protection suites are being designed specifically for the cloud, offering greater scalability, flexibility, and agility.
• Secure access service edge (SASE): Endpoint protection suites are integrating with SASE solutions, offering a more comprehensive security solution that combines network and endpoint security.

Endpoint Protection Suites Adoption

Endpoint protection suites are being adopted by businesses of all sizes and across industries. Here are some key adoption trends:

• Small and medium-sized businesses (SMBs) are increasingly adopting endpoint protection suites, as they become more affordable and easier to deploy.
• The healthcare and finance industries are among the leading adopters of endpoint protection suites, due to their stringent security requirements.
• Endpoint protection suites are also being adopted by governments and public sector organizations, as they look to secure their sensitive data and networks.

Endpoint Protection Suites Overview

Endpoint protection suites are designed to provide a multilayered defense against various types of cyber threats. An endpoint protection suite typically includes antivirus, anti-malware, anti-spyware, firewall, and intrusion detection/prevention capabilities.

Market Overview

1. The global endpoint protection market is projected to reach $18.4 billion by 2025. (Source: MarketsandMarkets)
2. The endpoint security market is expected to grow at a CAGR of 8.8% from 2020 to 2027. (Source: Grand View Research)
3. North America is expected to be the largest market for endpoint protection solutions due to the high adoption rate of cloud-based security solutions. (Source: MarketsandMarkets)

Features of Endpoint Protection Suites

4. Over 90% of the endpoint protection solutions include antivirus and anti-malware capabilities. (Source: Gartner)
5. 73% of endpoint protection suites provide application control capabilities to help prevent unauthorized software from running. (Source: Gartner)
6. Almost 70% of endpoint protection suites offer device control features to restrict or block unauthorized devices. (Source: Gartner)
7. Approximately 60% of endpoint protection suites offer network-based intrusion prevention capabilities. (Source: Gartner)

Endpoint Protection Suites and Threat Detection

8. On average, a business has to deal with 5,000 to 7,000 malware attacks each month. (Source: ITProPortal)
9. 46% of organizations experienced one or more endpoint attacks that successfully compromised data in 2020. (Source: CrowdStrike)
10. Ransomware attacks increased by 485% in 2020, with healthcare and finance industries being the most targeted. (Source: Check Point Research)
11. 70% of cyberattacks use a combination of malware and social engineering techniques. (Source: Verizon)

Endpoint Protection Suites and Cybersecurity Costs

12. The average cost of a data breach in 2020 was $3.86 million. (Source: IBM)
13. The average cost of a malware attack on a company is $2.4 million. (Source: Accenture)
14. The cost of a successful ransomware attack increased by 60% in 2020, with the average payout being $312,493. (Source: Coveware)

Endpoint Protection Suites and Remote Workforce

15. 91% of businesses reported an increase in cyberattacks during the COVID-19 pandemic. (Source: ISACA)
16. 70% of organizations reported that their remote workers have increased the risk of a security breach. (Source: Tessian)
17. 54% of employees admit to using personal devices for work, creating additional security vulnerabilities. (Source: IBM)

Endpoint Protection Suites and Compliance

18. 82% of companies believe that compliance regulations will have a significant impact on their endpoint security strategies. (Source: Ponemon Institute)
19. The General Data Protection Regulation (GDPR) has resulted in increased demand for endpoint protection solutions, as organizations are required to take appropriate measures to protect personal data. (Source: European Union)