Press release
Endpoint Detection and Response Market To Cross USD 3.41 Billion by 2023 at growing CAGR of 26.06%| (SARS-CoV-2, Covid-19 Analysis)
Endpoint Detection and Response Market
The distinguished contenders in the endpoint detection and response market are Digital Guardian (U.S.), RSA Security (U.S.), EMC Corporation (U.S.), Guidance Software, Inc. (U.S.), Symantec Corporation (U.S.), McAfee (U.S.), FireEye, Inc. (U.S.), Bromium Inc. (U.S.), Intel Corporation (U.S.), Tripwire, Inc. (U.S.), Carbon Black, Inc. (U.S.), Cisco Systems, Inc. (U.S.), Cybereason Inc. (U.S.), and CrowdStrike, Inc. (U.S.).
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Endpoint Detection and Response Market -Overview
The need to keep tabs on suspicious activities is projected to boost the endpoint detection and response market 2020. The semiconductor & electronics reports are made by Market Research Future, which includes market options for progress. A USD 3.41 Billion income generation potential is estimated to be evident by 2023 with the aid of 26.06% CAGR in the coming years.
The escalation in advanced and malicious threats is predicted to shape the endpoint detection and response market size in the impending period. The increased use of electronic gadgets is predicted to create more instance of cyber threats in the coming period.
Segmental Analysis
The segmental investigation of the endpoint detection and response is segmented on the basis of enforcement point, component, organization, deployment, and end-user. Based on the component, the market for endpoint detection and response is divided into solutions and service. The deployment based segmentation of the market for endpoint detection and response is segmented into cloud, on-premise, and hybrid. Based on the organization, the market for endpoint detection and response is segmented into small & medium enterprise and large enterprise. Based on the end-user, the market for endpoint detection and response is segmented into IT & telecom, aerospace & defense, BFSI, manufacturing, healthcare, government & public utilities, retail, and others. Based on the enforcement point, the endpoint detection and response market is segmented into servers, mobile devices, workstations, point of sale terminals and others. Based on the regions, the endpoint detection and response market comprises of as North America, Asia Pacific, Europe, and the other major regions.
Detailed Regional Analysis
The regional review of the endpoint detection and response market consists of regions such as North America, Asia Pacific, Europe, and the other major regions. The North American region’s endpoint detection and response market are supposed to be the leading region in the forecast period. The nations of the U.S. and Canada are the foremost in the North American region. This development is owing to augmented financing in research & development to augment the current techniques. Additionally, the regional market in Europe is estimated to have significant progress throughout the forecast period. The European nations such as France, the U.K and Germany are the primary leaders in the region. This is accredited to the amplified implementation of data security procedures related to a huge amount of firms included in research projects which are projected to push the endpoint detection and response market over the forecast period.
Competitive Analysis
The market contenders are estimated to support the growth enabling factors and thus are estimated to pull the market out of the depression due to the ongoing global pandemic. The necessity to establish a unique advantage in the market is reviewed to have a substantial influence on the global market. The market is predicted to guide its future growth with the inclusion of a balance of innovation and continual product enhancement. Besides, the need to ensure that the long-term sustainable growth goals are not comprised due to the existing difficulties is foreseen to be extremely important for the market stakeholders. The trends predominant in the market are contributing considerably to the market’s progress. The emphasis on accelerating growth is estimated to take the main stage in the forecast period. The need to effectively engage customers in all of their geographical markets is estimated to help the market overcome the hindrances being faced currently.
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Executive Summary
The global endpoint security management market to grow from USD 4604.65 million in 2016 to USD 14935.63 million by 2023, at a Compound Annual Growth Rate (CAGR) of 18.31%. The year 2016 has been considered as the base year, while the forecast period is up-to 2023.
The major…
