Endpoint Detection and Response (EDR) Systems Market Business Application, Geographic Scope and Forecast to 2024

Market Overview
Detecting threats at endpoints is an essential component of information security. On account of endpoint detection and response (EDR) system’s ability to detect, understand and stop threats before sensitive information is compromised, increasing number of organizations are deploying the technology to safeguard themselves from such threats. The endpoint security foundation is generally straightforward, and therefore has become relatively easy for system administrators to manage.

EDR technologies are capable of keeping a track of everything, ranging from malicious applications to normal applications gone rogue, using behavioural analytics, threat intelligence and heuristics. It is the security assurance against advanced types of potential malware threats to the high-valued (monetizable) information of the organizations, that has driven the EDR systems market growth and a similar growth pattern is expected during the forecast period.

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Market Dynamics
North America is expected to hold the largest market in the global Endpoint Detection and Response (EDR) Systems Market owing to its vast information technology infrastructure and the continuously undergoing technological evolution in the region. Asia-Pacific market for EDR systems is expected to register high growth during the forecast period on the back of widespread adoption of information systems in organizations. Moreover, establishment of several small and medium scale enterprises in Asia-Pacific is further indicative of the growth potential of EDR systems market in the region.

Trends
Enterprise networks have been witnessing changes in their workflow processes. Various factors such as employee’s location, variable data storage locations, and the specific locations from where the data can be accessed have made the process of detecting potential threats at endpoints a critical component of information security. It has been observed that the organizations employing EDR systems are more concerned about the features, instead of the prices of EDR products.

Growth Drivers
The requirement to deploy EDR solutions in information technology systems is based on the fact that customized targeted malware attack and advanced persistent threat toolkits have been intentionally bypassing traditional signature-based antivirus solutions. The intent of organizations to address new types of malware threats has consequently driven the growth of EDR systems market.

Some of the key players operating in the EDR systems market include McAfee, Cisco Systems, Inc., RSA Securit, FireEye, Inc., Guidance Software, Inc., Carbon Black Inc., Digital Guardian, Tripwire, Inc., Symantec Corporation, and CrowdStrike, Inc. The EDR solution providers have been focusing on technological enhancement of their products in a bid to increase their market share.

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This release was published on openPR.