Bratislava, November 23, 2020: ESET, a global cyber security leader, has been recognized as a ‘Top Player’ for the third year in a row in Radicati’s 2020 Endpoint Security Market Quadrant. The report examines 17 leading endpoint security vendors in the market, assessing their functionality and strategic vision, within which ESET was placed in the top quadrant for the third year in a row.
The Radicati Market Quadrant is a metric used to paint a picture of a specific technology market, with this edition covering Endpoint Security - comprising of appliances, software, cloud services, and hybrid solutions that help to secure and manage endpoints for business organizations of all sizes. As pointed out in the report, organizations no longer view endpoint security as an isolated discipline affecting only the endpoint, but as an integral part of organization-wide defense. Endpoint security shares threat intelligence feeds and policy controls with all other major security components, including firewalls, secure web gateways, secure email gateways, data loss prevention (DLP), and more.
This Quadrant continues to grow in importance with the endpoint security market experiencing growth at an exponential rate, as organizations of all sizes deploy increasingly sophisticated and feature-rich solutions to help protect against threats and malicious attacks. In fact, the Endpoint Security market is expected to surpass $8.2 billion in 2020 and grow to over $15.6 billion by 2024.
Radicati positions vendors in a quadrant according to two criteria: functionality and strategic vision. Radicati also evaluates according to key capabilities including malware detection, web and email security, encryption, mobile device protection, data loss prevention and Endpoint Detection and Response (EDR) and Managed Detection and Response (MDR).
In Radicati’s 2020 Endpoint Security Market Quadrant, ‘Top Players’ are described as the current market leaders with products that offer both breadth and depth of functionality, as well as possessing a solid vision for the future. ‘Top Players’ shape the market with their technology and strategic vision. ESET’s positioning as a ‘Top Player’ for the third year in a row demonstrates the company’s pioneering and innovative nature as the Radicati report states that once a company reaches this stage, they must fight complacency and continue to innovate.
ESET’s Endpoint Security solutions were highlighted as offering high performance and high detection rates, low footprint with low system resource usage and for their ease of deployment and use. They were also commended for their suitability to offer protection for companies with heterogeneous environments.
Juraj Malcho, ESET’s Chief Technology Officer, said “We are incredibly proud to be ranked as a Top Player in Radicati’s 2020 Endpoint Security Market Quadrant. Being acknowledged as a Top Player for the third year in a row is demonstrative of ESET’s ability to stay innovative and provide the best possible technology solutions for our customers. As the endpoint security market continues to grow, we are committed to developing reliable and easily deployable security for organizations of all shapes and sizes.”