CrowdStrike, today announced that it has ranked #1 for the second consecutive time for Modern Endpoint Security revenue market share in IDC’s report: Worldwide Modern Endpoint Security Market Shares, July 2020–June 2021: CrowdStrike and Microsoft Outdistancing All Other Vendors in a Rapidly Expanding Market (doc # US48616621, January 2022).
According to the report, CrowdStrike owns “14.2% total shares of the 2021 endpoint security market and brought in $986.1 million in revenue, demonstrating 75.1% growth and market leadership as the company continues its trajectory to outpace competitors in innovation and strategy.
Within the report’s Who Shaped the Year section, IDC highlights CrowdStrike and states, “CrowdStrike’s cloud-native approach continues to deliver. In the past year, CrowdStrike’s share in the worldwide modern endpoint security market rose by 4 percentage points. Correspondingly, CrowdStrike’s customer base expanded. The company reported its number of subscription customers increased 81% from 7,230 at the end of July 31, 2020, to 13,080 at the end of July 31, 2021.”
“Endpoint security is mission critical in today’s complex landscape, and CrowdStrike has proven time and again that our technology has transformed the approach that modern organizations take to tackle threats. As the endpoint continues to evolve, so do we,” said Michael Sentonas, chief technology officer of CrowdStrike. “We are thrilled to be ranked #1 for Modern Endpoint Security market share in this IDC report and remain committed to giving our customers around the globe the best technology.”
Unlike customers of other vendors, those who choose CrowdStrike benefit from the power of the CrowdStrike Falcon platform, which has the ability to scale across networks and a variety of ecosystems. Powered by the CrowdStrike Security Cloud and world-class AI, Falcon delivers superior protection and performance, reduced complexity and immediate time-to-value.
“Market demand for modern endpoint security products is on an accelerating pace,” according to Michael Suby, research vice president, Security and Trust at IDC, “The essentialness of end users’ devices in business operations and threat actors attacking these endpoints is a fixed equation. The answer, confirmed by rising market demand, is to fortify the endpoints and rapidly respond to compromises.”