The growing adoption of enterprise mobility and rising trend of bring your own devices is driving the market for endpoint detection and response market.
The global Endpoint Detection and Response market is forecast to reach USD 6.98 billion by 2027, 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.
Key participants include Cisco Systems, Inc., Fireeye, Inc., Carbon Black, Inc., Crowdstrike, Inc., Digital Guardian, Intel Security-McAfee, RSA Security LLC, Tripwire, Inc., Symantec Corporation, and Cyberbit, among others.
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Further key findings from the report suggest
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For the purpose of this report, Reports and Data have segmented into the global Endpoint Detection and Response market on the basis of component, enforcement point, organization size, deployment mode, industry vertical, and region:
Component Outlook (Revenue: USD Billion; 2017-2027)
Enforcement Point Outlook (Revenue: USD Billion; 2017-2027)
Organization Size Outlook (Revenue: USD Billion; 2017-2027)
Deployment Mode Outlook (Revenue: USD Billion; 2017-2027)
Industry Verticals Outlook (Revenue: USD Billion; 2017-2027)
Regional Outlook (Revenue: USD Billion; 2017-2027)
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Finally, all aspects of the Endpoint Detection and Response market are quantitatively as well qualitatively assessed to study the global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects.
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