Press release
Endpoint Detection and Response Market Size, Share, Comprehensive Analysis, Opportunity Assessment by 2032 | Microsoft Corporation (US), Cybereason Inc., Cisco Systems
The Endpoint Detection and Response Market is Valued and projected to reach , growing at a CAGR of During the Forecast period of 2024-2032. The increasing acceptance of remote work in various sectors has enabled employees to perform their tasks from various locations and devices. The COVID-19 pandemic has greatly influenced the market, as it has hastened the use of personal devices for carrying out work responsibilities because of remote work situations. Due to the pandemic requiring employees to work from home, the need to adopt these devices has grown significantly. Endpoint detection and response (EDR), also known as endpoint detection and threat response (EDTR), is a security solution for endpoints that continuously monitors end-user devices to detect and respond to cyber threats like malware and ransomware. EDR solutions are essential for organizations to manage and protect these devices, allowing employees to work remotely without risking security.Request for Free Sample Copy of this report at:
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The report presents authenticated data derived from extensive primary and secondary research. By analysing historical growth trends and the current market landscape, it aims to provide actionable insights and forecasts for global and regional market growth. It takes into account revenue generated from report sales and related technologies across various application segments while exploring market data tables. Key market factors, including macroeconomic conditions, the overall market environment, government policies, and the competitive landscape, are carefully examined to ensure a comprehensive analysis.
Top companies covered in this report: Microsoft Corporation (US), Cybereason Inc., Cisco Systems, Inc. (US), McAfee, LLC (US), FireEye, Inc. (US), RSA Security LLC. (US), Carbon Black, Inc. (US), Guidance Software, Inc. (US), Tripwire, Inc. (US), Digital Guardian (US), CrowdStrike, Inc. (US), Symantec Corporation (US), Palo Alto Networks, Inc. (US), Carbon Black Inc. (US), Trend Micro Incorporated (Japan) & others.
Industry News:
December 2023: G2 recognized Sophos as a key player in Endpoint Protection, EDR, XDR, Firewall, and MDR in its Winter 2024 Reports, enhancing the company's brand positioning and supporting future growth.
September 2023: Cybereason Inc. completed an expanded funding round totaling USD 120 million, aimed at scaling global operations and strengthening its capabilities in prevention, detection, and response.
Endpoint Detection and Response Market Segmentation:
Endpoint Detection and Response Market, By Component
Solutions
Services
Professional Services
Implementation
Consulting services
Training and education
Support and maintenance
Managed Services
Endpoint Detection and Response Market, By Deployment Mode
On-premises
Managed
Hybrid
Endpoint Detection and Response Market, By Organization size
Large Enterprises
Small & Medium-sized Enterprises (SMEs)
Endpoint Detection and Response Market, By Endpoint Device
Network Devices & Servers
Mobile Devices
Point Of Sale (POS) Devices
Others
Endpoint Detection and Response Market, By Enforcement Point
Workstations
Mobile devices
Servers
Point of sale terminals
Endpoint Detection and Response Market, By Industry Vertical
Retail
Healthcare
Manufacturing
Government and Public Sector
BFSI
IT and Telecom
Others
Regional Analysis
North America (USA and Canada)
Europe (UK, Germany, France and rest of Europe)
Asia-Pacific (China, Japan, India, and Rest of Asia Pacific)
Latin America (Brazil, Mexico, and Rest of Latin America)
Middle East and Africa (GCC and Rest of the Middle East and Africa)
In 2023, North America led the endpoint detection and response market, capturing roughly 40% of the market share. The region's advantage is primarily attributed to the dense presence of leading cybersecurity companies, a solid IT infrastructure, and strong governmental efforts aimed at enhancing cybersecurity resilience. Organizations like CrowdStrike, Palo Alto Networks, and Cisco lead the industry by offering sophisticated Endpoint Detection and Response solutions designed to tackle intricate cyber threats. Furthermore, the U.S. government's significant focus on national cybersecurity boosts regional uptake in various sectors.
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Important Features of the reports:
- Detailed analysis of the Endpoint Detection and Response Market
- Fluctuating market dynamics of the industry
- Detailed market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of the Endpoint Detection and Response Market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards Endpoint Detection and Response Market performance.
The report provides insights on the following pointers:
Market Penetration: Comprehensive information on the product portfolios of the top players in the Endpoint Detection and Response Market.
Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market.
Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market.
Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Endpoint Detection and Response Market
How big will the market and growth rate be in 2032?
What are the key drivers for the global Endpoint Detection and Response Market?
What are the major market trends influencing the growth of the global Endpoint Detection and Response Market?
What are the challenges for market growth?
Who are the key vendors in the global Endpoint Detection and Response Market?
What market opportunities and threats are vendors facing in the global Endpoint Detection and Response Market?
What are the main findings of the five forces analysis of the global Endpoint Detection and Response Market?
Conclusion: At the end of the Endpoint Detection and Response Market report, all findings and estimates are presented. It also includes key drivers and opportunities and regional analysis. The Segment analysis is also provided in terms of type and application.
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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…