Endpoint Detection and Response Market will Reach USD 14.90 Billion at CAGR of 24.8% during the Forecast Period of 2030
Market Size – USD 2.05 Billion in 2021, Market Growth – CAGR of 24.8%, Market Trends – Increase in the number of cyber-attacks.
NEW YORK CITY, NEW YORK, USA, November 14, 2022 /EINPresswire.com/ — The global Endpoint Detection and Response market is forecast to reach USD 14.90 Billion by 2030, according to a new report by Reports and Data. Endpoint Detection and Response (EDR) is a technology that addresses the need for response to advanced threats and continuous monitoring. It is a subset of endpoint technology and also a critical piece of an optimal security posture.
The primary focus of the EDR is not to automatically stop threats in the pre-execution phase on an endpoint but on providing the right endpoint visibility. The rise in EDR adoption is driving the increase in the number of endpoints attached to networks. Another driving factor is the increased sophistication of cyberattacks, which often focus on endpoints as easier targets for infiltrating a network. EDR is an emerging technology that caters to the demand for continuous monitoring and response to advanced threats. It could even be said that endpoint detection and response is a form of advanced threat protection.
There are growing number of cases of enterprise endpoint attacks globally and it has increased the need for Endpoint Detection and Response Market. Amnesty International’s Hong Kong office, in April 2019, was hit by a year-long cyberattacks from hackers. In the same month, medical billing service provider ‘Doctors’ Management Service’ witnessed a ransomware attack that compromised the patients’ data from a number of its clients. These kinds of incidents are leading to an emerging demand for incident response services.
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Top Profiled in the Endpoint Detection And Response Market Report:
• Cisco Systems
• Fireeye
• Carbon Black
• Crowdstrike
• Digital Guardian
• Intel Security-McAfee
• RSA Security LLC
• Tripwire
• Symantec Corporation
• Cyberbit
Market Segmentation:
Component Outlook (Revenue, USD Billion; 2019-2030)
• Software
• Services
Enforcement Point Outlook (Revenue, USD Billion; 2019-2030)
• Mobile Devices
• Servers
• Workstations
• Point of Sale Terminals
• Others
Organization Size Outlook (Revenue, USD Billion; 2019-2030)
• Small and Medium Enterprises (SMEs)
• Large Enterprises
Deployment Mode Outlook (Revenue, USD Billion; 2019-2030)
• On-Premises
• Hosted/Managed
• Hybrid
Industry Verticals Outlook (Revenue, USD Billion; 2019-2030)
• Banking, Financial Services, and Insurance (BFSI)
• Government
• Healthcare and Life Sciences
• Retail and E-Commerce
• Travel and Hospitality
• Manufacturing
• IT and Telecommunication
• Others
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Key Takeaways of the Endpoint Detection And Response Market Report:
• A comprehensive overview of the global Endpoint Detection And Response industry.
• Accurate market projections in terms of market size, share, and volume.
• Thorough study of the global market dynamics, such as major market revenue growth drivers, opportunities, threats, challenges, restraints, and future growth avenues.
• Deep-dive analysis of the upcoming market trends.
• Qualitative and quantitative analyses of the Endpoint Detection And Response Market.
• Elaborate study of the leading regional markets in the Endpoint Detection And Response Market.
• Complete overview of the market’s competitive landscape.
• Brief look at the company profiles and portfolios.
Key Regional Markets Covered in the Report:
• North America
o U.S.
o Canada
o Mexico
• Europe
o Russia
o U.K.
o Germany
o France
o BENELUX
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Rest of Asia Pacific
• Latin America
o Brazil
o Rest of Latin America
• Middle East & Africa
o Saudi Arabia
o U.A.E.
o Israel
o Rest of Middle East & Africa
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About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
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