Press release
Incident Response Market: Exploring Size, Growth Rate, Key Drivers, and Trends
"Unveiling Growth Prospects and Market Trends in Global Incident Response Sector
What Is The Projected Market Size Of The Global Incident Response Market And Its Growth Rate?
• The incident response market has seen a rapid boom, growing from $39.68 billion in 2024 to $46.81 billion in 2025, registering a compound annual growth rate (CAGR) of 18.0%.
• These figures reflect a significant rise in cybersecurity threats, stringent regulatory compliance requirements, an upsurge in the frequency and sophistication of attacks, the focus on preserving reputation and customer trust, and the recognition of inevitable breaches.
• Going forward, the incident response market size is expected to see exponential growth, reaching to $109.88 billion in 2029, marking a CAGR of 23.8%.
• This projected growth can be attributed to evolving attack vectors, increased integration with threat intelligence, enhanced collaboration and information sharing, automated and orchestrated capabilities, and a higher focus on insider threats.
What Is Driving The Growth In The Incident Response Market?
An increase in cyber-attacks is significantly fueling the growth of the incident response market. Cyber-attacks aim to steal data, disable computers, or breach the computer system for further attacks. As these attacks wage a war against single or multiple networks or computers, incident response plays a crucial role in recognizing and counteracting these cybersecurity threats. For instance, in January 2023, the Israel-based IT security provider Checkpoint revealed that cyberattacks had risen by 38% globally during 2022 compared to the previous year. Therefore, this considerable surge in cyber-attacks is anticipated to drive the growth of the incident response market.
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Who Are the Key Players Driving Incident Response Market Growth?
Significant players driving the growth of the incident response market include:
• Verizon Communications Inc.
• The International Business Machines Corporation
• Cisco Systems Inc.
• BAE Systems plc
• Palo Alto Networks Inc.
• CrowdStrike Holdings Inc.
• Check Point Software Technologies
• McAfee Corp.
• Digital Guardian
• Kudelski Security, among others.
What Are The Key Trends In The Incident Response Market?
Key trends in the incident response market include:
• Integration with endpoint detection and response (EDR).
• Developing remote incident response capabilities.
• Strengthening emphasis on threat hunting.
• Catering to incident response as a service (IRaaS).
What Are The Segments Of The Global Incident Response Market?
The incident response market is categorized into the following segments:
• By Component: Solution, Services
• By Deployment Mode: Cloud, On-Premise
• By Organization Size: Small And Medium-Sized Enterprise, Large Enterprises
• By Security Type: Web Security, Application Security, Endpoint Security, Network Security, Cloud Security
• By Vertical: Government, Healthcare And Life Sciences, Retail And Ecommerce, Travel And Hospitality, Manufacturing, Telecom And IT, Other Verticals
Which Region Leads The Incident Response Market?
North America was the largest region in the incident response market in 2024. The regions covered in this report also include Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Incident Response Market Global Market Report?
- Market Size Analysis: Analyze the Incident Response Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Incident Response Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Incident Response Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Incident Response Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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