target audience: TECH SUPPLIER Publication date: Aug 2024 - Document type: Market Forecast - Doc Document number: # EUR150921824
European Endpoint Security Forecast, 2024-2028
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Abstract
This IDC Market Forecast report details the projected growth of the European endpoint security market for the 2024–2028 period. 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 Central and Eastern Europe (CEE) subregions and explores some of the main forces and trends driving and inhibiting market growth.
"Cost-conscious organizations in Europe are struggling to maintain a robust endpoint security posture across their dynamic and heterogeneous environments as businesses prioritize innovation and growth. The threat landscape is being driven by financially motivated cybercriminal organizations and geopolitically motivated threat groups. Impending legislations such as the NIS 2 directive and the DORA regulation are increasing the focus on cyber-risk management and cyber-resilience. GenAI is also disrupting the cybersecurity space as a tool for augmenting protection and as a threat in the hands of cybercriminals. Given all these factors, a strategy for effective and efficient endpoint security is a critical necessity for all organizations in Europe." — Associate Research Director Mark Child, IDC’s European Security Research Team.