Endpoint Detection and Response Market

Endpoint Detection and Response Market Size

             2020                         2024-2032      

Forecast Period	2024-2032
Base Year	2023
Historic Data	2020

Endpoint Detection and Response Market size is estimated to grow from USD 3.1 Billion in 2022 to reach USD 18.4 Billion by 2030, growing at a CAGR of 24.9% during the forecast period from 2023 to 2030.

Major players Endpoint Detection and Response Market include: Microsoft Corporation (US), Cisco Systems, Inc. (US), McAfee, LLC (US), FireEye, Inc. (US), RSA Security LLC. (US), Carbon Black, Inc. (US), Guidance Software, Inc. (US), Tripwire, Inc. (US), Digital Guardian (US), CrowdStrike, Inc. (US), Symantec Corporation (US), Palo Alto Networks, Inc. (US), Carbon Black Inc. (US), Trend Micro Incorporated (Japan) & others.

Endpoint Detection and Response (EDR) is a complete endpoint security solution that combines automated, real-time monitoring and aggregation of endpoint data with automated, rule-based response and analytical capabilities.

The increasing cyber threat across globe is boost the Endpoint Detection and Response Market growth. EDR offers a multitude of advantages, encompassing the capacity to promptly recognize real-time threats and swiftly curtail breaches. EDR tools additionally facilitate data analysis to pinpoint patterns of threats, trigger automated responses, execute neutralizing measures, and promptly notify security personnel. They can also function as forensic tools, aiding in investigative processes and are poised to usher in substantial growth opportunities for the industry.

Moreover, EDR maintains a vigilant watch over events and processes, such as registry modifications, logins, network connections, and more, furnishing immediate visibility across all endpoints. Notably, EDR tools necessitate advanced capabilities for detecting, investigating, and responding to threats, encompassing functions like scouring incident data, prioritizing investigative alerts, validating suspicious activities, proactively seeking out threats, and detecting as well as mitigating malicious activities.

BFSI Segment Hold the Highest Market Share in the Endpoint Detection and Response Market.

Based on Industry Vertical, The BFSI segment hold the highest market share in 2022. Cyber threats pose a serious risk to the BFSI segment, which handles a large amount of sensitive data that requires strong security measures. For example, in 2022, ransomware affected 90% of banking institutions, making them highly vulnerable. EDR solutions can enhance their security by identifying threats that traditional antivirus software solutions cannot detect. Moreover, EDR solutions can also provide visibility into endpoint activity, allowing the BFSI sector to discover and resolve any security gaps proactively.

However, the retail & e-commerce segment is expected to grow at the highest CAGR in the forecast period. The retail industry has been using EDR solutions to monitor endpoint activities in real time and secure the devices from advanced threats such as ransomware, malware, and cyber threats. By using EDR solutions, retailers can gain an edge over their competitors through improved threat detection and response time, lower data breach risk, and real-time data visibility.

North America Dominates the Global Endpoint Detection and Response Market.

The Market for Endpoint Detection and Response Market dominated by North America in 2022, North America is home to many large enterprises that have advanced IT infrastructure and security systems. These enterprises are constantly targeted by cybercriminals who use sophisticated malware, ransomware, and advanced persistent threats (APTs) to compromise their endpoints and networks. Therefore, there is a high demand for EDR solutions that can provide real-time monitoring, detection, and response capabilities to protect the endpoints and data from such attacks. Also, the region has a high adoption rate of cloud-based and mobile technologies, which increases the number of endpoints and the complexity of managing them. EDR solutions can help enterprises to track and control the activities of their endpoints, regardless of their location or device type. EDR solutions also support the growing trend of enterprise mobility and bring your own device (BYOD) policies, which create more endpoints that need to be secured and monitored

Moreover, North America has a high level of awareness and understanding of the cybersecurity risks and challenges that threaten sensitive data and critical infrastructure. The region’s businesses and organizations have been quick to adopt EDR as a key line of defense, thus driving substantial demand for sophisticated EDR solution in the region.

Furthermore, North America has many key players and innovators in the EDR market, who offer diverse and competitive solutions to meet the varying needs and preferences of customers. These players are constantly investing in research and development to enhance their products and services, as well as expanding their market presence through strategic collaborations, partnerships and acquisitions.

Endpoint Detection and Response Market Scope and Market Size

The Endpoint Detection and Response Market research report provides an in-depth overview of the industry including market segmentation by component, deployment mode, organization size, endpoint device, enforcement point, industry vertical and region. Analysis of the global market with a special focus on high-growth applications in each vertical and fast-growing market segment. It includes a detailed competitive landscape with identification of the key players with respect to each type of market, in-depth market share analysis with individual revenue, market shares, and top player’s rankings. Impact analysis of the market dynamics with factors currently driving and restraining the growth of the market, along with their impact in the short, medium, and long-term landscapes. Competitive intelligence from the company profiles, key player strategies, and game-changing developments such as new product launches, collaborations, expansions, investment analysis, mergers, and acquisitions.

Endpoint Detection and Response Market is segmented by region and further by component, deployment mode, organization size, endpoint device, enforcement point, and industry vertical. Players, stakeholders, and other participants in the global Endpoint Detection and Response Market will be able to gain a strong position as this report will surely benefit their marketing strategies. The market analysis focuses on revenue and forecast by region/countries and by application in terms of revenue forecast for the period 2023-2030.

The report further studies the market strategies of key players, recent development status, future plans, and Endpoint Detection and Response Market trends across the world. Also, it splits Endpoint Detection and Response Market Segmentation by component, deployment mode, organization size, endpoint device, enforcement point, industry vertical and region to deep dive research and reveals company profile and prospects.

Major Classifications are as follows:

• Endpoint Detection and Response Market, By Component
  • Solutions
  • Services
    • Professional Services
      • Implementation
      • Consulting services
      • Training and education
      • Support and maintenance
    • Managed Services
• Endpoint Detection and Response Market, By Deployment Mode
  • On-premises
  • Managed
  • Hybrid
• Endpoint Detection and Response Market, By Organization size
  • Large Enterprises
  • Small & Medium-sized Enterprises (SMEs)
• Endpoint Detection and Response Market, By Endpoint Device
  • Network Devices & Servers
  • Mobile Devices
  • Point Of Sale (POS) Devices
  • Others
• Endpoint Detection and Response Market, By Enforcement Point
  • Workstations
  • Mobile devices
  • Servers
  • Point of sale terminals
• Endpoint Detection and Response Market, By Industry Vertical
  • Retail
  • Healthcare
  • Manufacturing
  • Government and Public Sector
  • BFSI
  • IT and Telecom
  • Others
• Endpoint Detection and Response Market, By Geography
  • North America
    • US
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
  • Rest of the World
    • Middle East
      • UAE
      • Saudi Arabia
      • Israel
    • Africa
      • South Africa
      • Rest of Africa      

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