Soaring Demand Set to Propel Endpoint Detection And Response Market to $15.72 Billion by 2029

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Endpoint Detection And Response Market Size Growth Forecast: What to Expect by 2025?_x000D_
The market size of endpoint detection and response has drastically expanded in the past years. Its growth is expected to continue from $5.06 billion in 2024 to $6.42 billion in 2025, with a compound annual growth rate (CAGR) of 26.9%. The notable growth during the historic period is due to factors like an increased rate and complexity of cyber threats, rising implementation of endpoint security solutions due to the prevalent remote work culture, regulatory compliance necessities stimulating investment in cybersecurity, escalation in ransomware attacks and data violations, and the broadening of bring your own device (BYOD) strategies within corporations._x000D_
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How Will the Endpoint Detection And Response Market Size Evolve and Grow by 2029?_x000D_
The market size for endpoint detection and response is projected to substantially increase in the upcoming years, expected to reach $15.72 billion in 2029 with a CAGR of 25.1%. This anticipated expansion during the forecast period is largely due to the escalating cyber threats like ransomware and zero-day attacks, the diffusing Internet of Things (IoT) devices increasing the potential for attacks, implementation of zero trust security protocols prioritizing endpoint security, growing need for managed detection and response services, and the sweeping progression of 5G networks raising security anxieties. The forecast period will witness significant trends such as heightened utilization of AI and machine learning, emphasis on zero trust frameworks, incorporation with identity and access management (IAM), and concentration on threat intelligence exchange._x000D_
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What Drivers Are Propelling the Growth of Endpoint Detection And Response Market Forward?_x000D_
Anticipated growth in the endpoint detection and response market is set to be spearheaded by the rising popularity of digital transactions. Traditionally, monetary transactions were handled with tangible cash or cheques, but in today's digital age, electronic means are becoming the norm. This shift is largely due to factors such as the widespread use of digital devices, swift and efficient transaction procedures, and the global boom in online shopping, all of which necessitate improved security measures, specifically in endpoint detection and response. As endpoint devices are often targeted during payment processes, it's critical to have robust systems in place to spot and counter cybersecurity threats. In support of this, UK Finance Limited reported in September 2023 that in the previous year, 87% of individuals in the UK used contactless payments at least once a month. By the end of 2022, there were 147 million contactless cards in use, of which 91% were debit cards and 88% credit/charge cards with contactless functionality. Consequently, the heightened use of digital payments is fuelling the expansion of the endpoint detection and response market._x000D_
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Which Emerging Trends Are Transforming the Endpoint Detection And Response Market in 2025?_x000D_
Leading firms in the endpoint detection and response marketplace are prioritizing the creation of cutting-edge tech solutions like advanced threat-hunting skills to proactively recognize and neutralize growing cyber threats. This advanced threat-hunting system utilizes complex methods and resources that cybersecurity experts use to proactively track and spot emerging threats within an organization's network and endpoints. For instance, in August 2022, Huntress Labs Inc., a cybersecurity firm based in Colombia, introduced its innovative feature called Process Insights that integrates new managed EDR capabilities. Powered by Huntress' global team of threat hunters operating around the clock, this feature provides continuous surveillance of thousands of applications on laptops and servers. It enables the quick detection, segregation, and correction of ongoing cyberattacks, allowing for increased transparency into endpoints and networks. This innovative step improves Huntress' platform, providing robust defense against the changing landscape of cybersecurity threats faced by small to mid-sized enterprises (SMEs)._x000D_
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What Are the Key Segments in the Endpoint Detection And Response Market?_x000D_
The endpoint detection and responsemarket covered in this report is segmented - _x000D_
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1) By Component: Solutions, Services_x000D_
2) By Deployment Type: Cloud-Based, On-Premise_x000D_
3) By Organization Size: Small And Medium Enterprises, Large Enterprises_x000D_
4) By End User Industry: Banking, Financial Services, And Insurance (BFSI), Information Technology And Telecommunication, Manufacturing, Healthcare, Retail, Other End-User Industries_x000D_
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Subsegments:_x000D_
1) By Solutions: Endpoint Protection Platforms (EPP), Threat Detection And Response Solutions, Incident Response Tools, Endpoint Monitoring Solutions, Automated Threat Remediation Solutions, Threat Intelligence Integration Solutions, Behavioral Analysis And Anomaly Detection Solutions, Cloud-Based Endpoint Detection Solutions, Advanced Persistent Threat (APT) Protection Solutions _x000D_
2) By Services: Managed EDR Services, Incident Response And Forensics Services, Threat Hunting Services, Security Operations Center (SOC) As A Service, Consulting And Risk Assessment Services, EDR Solution Implementation And Integration Services, Training And Support Services, Managed Detection And Response Services_x000D_
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Who Are the Key Players Shaping the Endpoint Detection And Response Market's Competitive Landscape?_x000D_
Major companies operating in the endpoint detection and response market are Intel Corporation, Cisco Systems Inc., Broadcom Inc., VMware Inc., Palo Alto Networks Inc., OpenText Corporation, Fortinet Inc., McAfee Corporation, CrowdStrike Inc., FireEye Inc., RSA Security, Arctic Wolf Networks Inc., Optiv Security Inc., Bitdefender Ltd., SentinelOne Inc., Cybereason Inc., Digital Guardian, Huntress Labs Inc., Deep Instinct, Cynet, Sophos Ltd., SecPod Technologies, Aiuken Cybersecurity, ESET spol. s r.o. _x000D_
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What Geographic Markets Are Powering Growth in the Endpoint Detection And Response Market?_x000D_
North America was the largest region in the endpoint detection and response market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the endpoint detection and response market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa._x000D_
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