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Indian Endpoint Security Market Outlook: COVID-19 has Affected the Market but Gradual Recovery is Expected from Q1 CY 2021


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Endpoint security has become an important building block of a mature cybersecurity framework. Its significance has increased during the ongoing COVID-19 pandemic as enterprises have had to shift their entire employee bases to work from home during the nationwide lockdown. Cybercriminals have identified security gaps in endpoints and started exploiting devices with a motive to steal data and user credentials. Ransomware and phishing attacks were at an all-time high in 2020, pushing enterprises to spend on endpoint security.
However, security budgets shrunk and large transformational projects were placed on hold due to low revenue streams and business-related uncertainties. Enterprises looked for options that required low investments but were effective in terms of quick turnarounds. In 2020, the Indian endpoint security market experienced a decline; nevertheless, it is likely to recover strongly ....

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