Incident Response Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends

What combination of drivers is leading to accelerated growth in the incident response market?
The rise in cyber-attacks is having a profound impact on the expansion of the incident response market. Cyber-attacks are attempts to pilfer information, incapacitate computer systems, or exploit vulnerabilities in computer systems to initiate more attacks. These are attacks orchestrated by cybercriminals against singular or multiple networks or computer systems. The role of incident response in recognizing and handling cybersecurity attacks is instrumental. Hence, the escalation in cyber-attacks is accelerating the growth of the incident response market. For example, new data from Checkpoint, an IT security provider based in Israel, indicated a 38% surge in worldwide cyber-attacks in 2022 compared to 2021. Hence, the continued increase in cyber-attacks is likely to drive the future growth of the incident response market.

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What is the projected compound annual growth rate (CAGR) of the incident response market from 2025 to 2034, and what factors influence it?
The size of the incident response market has seen a quick expansion in the past few years. Its estimated value will increase from $39.68 billion in 2024 to $46.81 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 18.0%. The growth registered during the previous period is likely due to factors such as a surge in cybersecurity threats, elevated compliance standards, an uptick in the regularity and complexity of attacks, the need to protect brand reputation and maintain customer trust, as well as the recognition of the inescapability of security breaches.

In the upcoming years, the market size for incident response is projected to experience a dramatic increase. By 2029, it anticipates reaching $109.88 billion, with a compound annual growth rate (CAGR) of 23.8%. Factors contributing to the growth during the prediction period consist of the evolution of attack vectors, threat intelligence integration, collaborative efforts and information exchange, automation and orchestration abilities, and insider threat focus. Significant trends for the forecast period encompass the integration with endpoint detection and response (EDR), remote capabilities for incident response, emphasis on threat hunting, and the emergence of incident response as a service (IRaaS).

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How are the latest trends influencing the growth of the incident response market?
Leading businesses in the incident response market are zeroing in on delivering fixed incident response services like retainers. The aim is to tackle plummeting dwell times of cyber threats and to carve out a competitive advantage in the market. Retainers are pre-determined fee arrangements for specified services, guaranteeing access to certain resources or skills for a determined period. For example, in August 2023, Sophos, a British company pioneering the delivery of cybersecurity as a service, introduced the Sophos Incident Response Retainer. This service gives customers unhindered access to its fixed-priced incident response service, complete with 45 days of round-the-clock Managed Detection and Response (MDR). The retainer expedites response times, permitting Sophos's incident response team to quickly address ongoing cyberattacks. Additionally, it offers external vulnerability scans and crucial preparation advice to proactively fortify security resilience. As the duration of an attacker's presence on a network decreases, the median dwell time has also dropped from 10 to eight days.

What are the major segments of the incident response market and their role in driving growth?
The incident response market covered in this report is segmented -

1) By Component: Solution, Services
2) By Deployment Mode: Cloud, On-Premise
3) By Organization Size: Small And Medium-Sized Enterprise, Large Enterprises
4) By Security Type: Web Security, Application Security, Endpoint Security, Network Security, Cloud Security
5) By Vertical: Government, Healthcare And Life Sciences, Retail And Ecommerce, Travel And Hospitality, Manufacturing, Telecom And IT, Other Verticals

Subsegments:
1) By Solution: Incident Response Platforms, Threat Intelligence Tools, Forensic Tools, Security Information And Event Management (SIEM) Solutions
2) By Services: Managed Incident Response Services, Consulting Services, Training And Awareness Programs, Incident Response Planning And Testing Services

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Which regions are key players in the growth of the incident response market?
North America was the largest region in the incident response market in 2024. The regions covered in the incident response market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the key firms paving the way for growth in the incident response market?
Major companies operating in 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, FireEye Inc., RSA Security LLC, Optiv Security Inc., Rapid7, SecureWorks Inc., Tanium Inc., Trustwave Holdings, LogRhythm Inc., Cybereason Inc., RiskIQ, Anomali Inc., Cofense Inc., Swimlane LLC, D3 Security Management Systems Inc., Resolve Systems LLC, NTT Security Holdings, Blackberry Limited, Cynet, Siemplify Ltd.

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What Is Covered In The Incident Response Global Market Report?

•Market Size Forecast: Examine the incident response market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the incident response market for a structured understanding.
•Key Players Overview: Analyze major players in the incident response market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the incident response market.
•Segment Contributions: Evaluate how different segments drive overall growth in the incident response market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the incident response market.
•Industry Challenges: Identify potential risks and obstacles affecting the incident response market.
•Competitive Landscape: Review strategic developments in the incident response market, including expansions, agreements, and new product launches.

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