target audience: TECH SUPPLIER Publication date: Aug 2023 - Document type: Market Forecast - Doc Document number: # EUR150145423
European Endpoint Security Forecast, 2023–2027
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Abstract
This IDC Market Forecast report details the projected growth of the European endpoint security market for 2023–2027. It examines the relative growth of the three endpoint security submarkets: modern endpoint security, server security, and consumer. It also presents the respective growth trajectories of the Western Europe and CEE subregions and explores some of the main forces and trends driving and inhibiting market growth.
"The European endpoint security market is under the sway of conflicting forces. An intense threat landscape in terms of the volume, variety, and sophistication of attacks ensures organizations cannot rest on the laurels of their existing endpoint security investments. GenAI looms large as a tool for cybercriminals to extend their reach or capabilities. The regulatory environment is also expanding. At the same time, companies are struggling against macroeconomic headwinds, weak demand, and rising costs. Every dollar of investment is heavily scrutinized. The endpoint security market will continue to grow — but demonstrable ROI is demanded. There is also hope around the potential for GenAI to shift the needle as a tool for good. Can positive uses of the technology outweigh malicious ones?" — Associate Research Director Mark Child, IDC's European Security Research Team