Worldwide Endpoint Security Software Market Shares Report Reveals CrowdStrike is Shaping the Endpoint Market
CrowdStrike Inc. (Nasdaq: CRWD), a leader in cloud-delivered endpoint protection, today announced that it was identified as the fastest-growing endpoint security software vendor not only shaping the endpoint market but nearly doubling its market share within the IDC Worldwide Endpoint Security Software Market Shares, 2019: Vendors' Pivot from Products to Platforms Accelerating (Doc # US46610420, June 2020) report.
Highlighted in the report, CrowdStrike demonstrated a 2018–2019 growth rate of 99% and close to doubled its market share, while the market shares of the top three vendors in the corporate endpoint segment declined from 2018 to 2019. CrowdStrike believes this points to the structural shift that is taking place from on-premises to cloud solutions that is rendering legacy and hybrid vendors handicapped in securing the modern, mobile workforce.
For the modern organization looking to embrace digital transformation, it’s become evident that endpoint or workload security, visibility and management are mission essential in protecting the remote workforce. According to Michael Suby, research vice president in Security and Trust at IDC, "Endpoint security remains a critical element of a multilayered security strategy, as endpoints are frequently the first point of entry for attackers. Moreover, as attackers continuously add and modify their techniques to evade detection, endpoint security vendors must continuously invest in the proficiency of their products." The security challenges associated with today’s remote or hybrid workforce are best solved by a cloud-native platform, such as CrowdStrike Falcon, that aggregates and analyzes data in the cloud, operates at scale and is easy to deploy and manage on a fully remote basis.
Today, organizations all over the world recognize the power of CrowdStrike’s cloud-native Falcon platform to effectively stop breaches, as well as simplify their security and IT operations stack with a single, lightweight intelligent agent. With CrowdStrike Falcon’s cloud-native architecture, customers can easily and remotely deploy and manage their workloads at scale. This has been a game-changer in the rapid shift to remote work, and distributed workforces are protected irrespective of where their employees are located.