Press release
Endpoint Detection and Response (EDR) Market Detailed Analysis of Current Industry Figures with Forecasts Growth 2031
Endpoint identification and reaction (EDR) can be used to store and record endpoint-framework level ways of behaving, and utilize various information investigation strategies to recognize dubious framework conduct and giving relevant data. Endpoint identification and reaction (EDR) offers a far reaching and versatile endpoint insurance that covers the full security lifecycle to recognize, examine, forestall, and answer dangers.Endpoint insurance stage gives security to endpoints and far off gadgets utilized in associations from infections, malwares, as well as from cutting edge dangers. Endpoint recognition and reaction (EDR) market is supposed to upgrade at a CAGR of 25.5% during the estimate time frame 2021-2031.
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What is Driving Demand for Endpoint Detection and Response (EDR)?
Endpoint detection and response (EDR) solutions are essential for various enforcement points, including workstations, mobile devices, point of sale terminals, servers, and others.
Growth in developments of the enterprise mobility and BYOD trends across various enterprises to overcome the enterprise-targeted cyber-attacks, is expected to propelling demand for endpoint detection and response (EDR) market during the forecast period.
The increasing adoption of hosted endpoint detection and response solutions and growing enterprise mobility trends across various organizations are creating new growth opportunities for endpoint detection and response (EDR) solution providers.
It also offers some of the major benefits such as advanced threat protection, threat hunting, suspicious activity detection, data exploration, and others. The reliability of such benefits drives the growth of the endpoint detection and response (EDR) market.
What is the Impact of COVID-19 Pandemic Outbreak on Sales of Endpoint Detection and Response (EDR)?
During the COVID-19 crisis, remote working brings productivity challenges and new security risks. The endpoint detection and response (EDR) is used to control and block malicious activity, as well as offers remediation suggestions to renovate affected systems.
The pandemic significantly offers numerous opportunities for the endpoint detection and response (EDR) market as it enables industries provides significant platform EDR with industry-leading support and features.
There is an increasing demand for endpoint detection and response (EDR) solution for various end-users such as IT & telecommunications, BFSI, healthcare, and others for protection against remote threats, is one of the major factors fueling demand for endpoint detection and response (EDR) across regions.
It offers various applications such as detect security incidents, provide remediation guidance, contain the incident at the endpoint, investigate security incidents, and others.
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US and Canada Endpoint Detection and Response (EDR) Market Outlook
The US is one of the strong markets for endpoint detection and response (EDR) globally. North America is expected to capture large market share in terms of revenue, in the Endpoint detection and response (EDR) owing to the rise in adoption of cloud computing technologies and the presence of various endpoint protection platform providers in the region.
Furthermore, U.S. is the dominant country in the global endpoint detection and response (EDR) market accounting for around 25%-30% of the market share in 2021.
The increased adoption of endpoint detection and response (EDR) applications in various industries such as BFSI, automotive, manufacturing, and Government and public utilities has been driving the growth for endpoint detection and response (EDR) in the North American market.
Europe Demand Outlook for Endpoint Detection and Response (EDR)
The adoption of endpoint detection and response (EDR) is expected to rise considerably across small- and medium-sized businesses in Germany. Demand for Endpoint detection and response (EDR) technologies is increasing due to the increasing need to mitigate it security risks and rising demand for integrated and advanced security solutions across the Europe.
Some of the key players such as KION Group, Toyota Industries, Oceaneering International, and others are focused on increased adoption of web and mobile based application and BYOD for business operations. They are also development and implementation of endpoint detection and response (EDR) solutions to identify major security gaps and mitigate risks.
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Who are the Key Providers of Endpoint Detection and Response (EDR)?
Some of the leading providers of endpoint detection and response (EDR) include
McAfee LLC
RSA Security LLC
Cisco Systems Inc.
FireEye Inc.
Carbon Black Inc.
Guidance Software Inc.
Digital Guardian
Symantec Corporation
Others.
The Endpoint detection and response (EDR) solution providers major strategy involves expansion through the collaboration of assets, business, technologies, and products that allow products offering and expand market.
For instance, April 2021, Bitdefender launched cloud-based endpoint detection and response solution in India. It is designed to help enterprise customers and managed service providers (MSPs) to improve the ability to detect and eradicate threats.
Key Segments
By Solution
Endpoint Detection And Response Software
Cloud-based
On-premises
Services
Implementation & Integration
Consulting
Support & Maintenance
By Enterprises Size
Small and Medium-sized Enterprises (SMEs)
Large Enterprises
By End-use Industry
Banking, Financial Services, and Insurance (BFSI)
Automotive
IT and telecom
Manufacturing
Healthcare
Retail
Others
By Region
North America
US
Canada
Latin America
Brazil
Mexico
Rest of Latin America
Europe
UK
France
Germany
Italy
Spain
BENELUX
Russia
Rest of Europe
East Asia
China
Japan
South Korea
South Asia & Pacific
India
Thailand
Indonesia
Malaysia
Australia & New Zealand
Rest of South Asia & Pacific
Middle East & Africa
GCC Countries
Turkey
South Africa
Rest of Middle East and Africa
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