Endpoint Detection and Response Market Research Report 2019-2024 | Market Share, Size, and Revenue by Types, Applications, and Regional Forecast

Endpoint Detection and Response

The Endpoint Detection and Response Market report expects to give a 360-degree perspective available as far as cutting-edge innovation, key improvements, drivers, restrictions and future patterns with effect examination of these patterns available for present moment, mid-term and long term during the forecast period. Further, the report likewise covers key players profiling with point by point SWOT investigation, budgetary certainties and key improvements of items/administration from the previous three years.

The report first poses the Endpoint Detection and Response Market basics: definitions, applications, classifications, and market overview; product specifications; manufacturing processes; cost structures, raw materials and more.

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Scope of the Report:

  • After the attacker compromises an endpoint, they laterally spread (East-West Movement or Lateral Movement) to other systems and accounts until they reach their primary objective. Protecting against every endpoint threat is impossible: hence, organizations are shifting their focus to fast detection and response through an EDR service. Once a threat is validated, these solutions take immediate action to contain the compromised endpoint(s), resolve the threat, and protect endpoints against future similar attacks.<
  • There are 4 key segments covered in this Endpoint Detection and Response Systems Market report:

    • Competitor segment
    • Product type segment
    • End-use/application segment
    • Geography segment

    Endpoint Detection and Response Market with Key Segments:

    By Product Types: Type 1, Type 2, Type 3

    By Applications: Application 1, Application 2, Application 3

    By Key Players:

  • Carbon Black Inc.
  • Cisco Systems Inc.
  • Crowdstrike Inc.
  • Symantec Corporation
  • Cybereason Inc.
  • Deep Instinct Ltd.
  • Digital Guardian
  • FireEye Inc.
  • OpenText Corporation
  • McAfee Inc.
  • EMC Corporation
  • Price of Report: $ 4250 (SUL)

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    Market Overview:

  • The endpoint detection and response (EDR) market is expected to reach USD 3,443.64 million by 2024, with a CAGR of 22.97%, during the forecast period (2019 - 2024). Nowadays, AI enabled EDR solutions are on the rise. For instance, Cylance showcased AI-powered EDR solution at the RSA 2018 conference.
  • - There have been rising cases of enterprise endpoints attacks globally. Lately, in April 2019, Amnesty International's Hong Kong office has been hit by a years-long cyberattack from hackers with known links to the Chinese government. In the same month, medical billing service provider ‘Doctors’ Management Service’ suffered a ransomware attack compromising patients’ data from a number of its clients. These kind of incidents are leading to an emerging demand for incident response services.
  • - High proliferation of IoT and smart devices will lead to more data breaches. According to GSMA, total IoT connections in 2017 were 7.5 billion and is expected to be 25.1 billion by the end of 2025. This will cause a rise in demand of EDR tools.
  • - According to ESG, more than half of organizations face a shortage of cybersecurity skills and staffing. The cyber analyst has to examine the trends and suggest solutions to the enterprise to mitigate future risks. Sometimes there is a flood of alerts which the analyst is incapable of handling.
  • Endpoint Detection and Response Market Report Provides the Following:

    Endpoint Detection and Response Market

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    Key Market Trends:

    Data Breaches in Healthcare Industry to Drive the Need for EDR Solutions

    - In 2018, the healthcare industry continued to be plagued by data breaches involving sensitive patient information, according to 2019 Breach Barometer Annual Report by Protenus.
    - The largest breach reported in 2018 was the result of hacking of a business associate. It involved a North Carolina-based health system vendor that had its patient information accessed by an unauthorized party. Hackers gained access to patient information over the course of a week, affecting 2.65M patient records.
    - For 2019, the largest data breach incident was reported by Navicent Health in March. It was a phishing attack in which the records of 278,016 patients were potentially accessed and copied by the attackers. A similarly sized data breach was reported by ZOLL Services, which impacted 277,319 individuals.
    - As per HIPAA's Data Breach Report, healthcare data breaches continued to be reported at a rate of one a day in March 2019,

    Asia-Pacific to Witness the Highest Growth

    - According to IBEF, India’s IT & ITeS industry grew to USD 181 billion in 2018-2019. According to data released by the Department of Industrial Policy and Promotion (DIPP), the computer software and hardware sector in India attracted cumulative Foreign Direct Investment (FDI) inflows worth US$ 35.82 billion between April 2000 to December 2018. This calls for an increased demand for endpoint detection and response tools as the manufacture of hardware is set to increase.
    - Moreover, growing technological innovations in China and Japan results in the growth of EDR market. According to Japan Electronics and Information Technology Industries Association (JEITA), Computers and IT, terminal production in February 2019 was worth 95,371 million yen as compared to 85,564 million yen in January 2019.
    - According to GSMA, the fastest growth of IoT connections is in Asia-Pacific from 2.8 billion in 2017 to 8.1 billion in 2025. Owing to all these factors, Asia-Pacific is expected to witness the fastest CAGR over the forecast period.

    Endpoint Detection and Response Market Covers Following Points in TOC:

    • Chapter 1: Endpoint Detection and Response Market Definition
    • Chapter 2: Research Methodology of Endpoint Detection and Response Market
    • Chapter 3: Endpoint Detection and Response Market Executive Summary
    • Chapter 4: Endpoint Detection and Response Market Overview Includes Current Market Scenario, Porter’s Five Forces Analysis, Bargaining Power of Suppliers and Consumers, Threat of New Entrants and Substitute Product and Services
    • Chapter 5: Market Dynamics Covers Drivers, Restraints, Opportunities and Challenges
    • Chapter 6: Endpoint Detection and Response Market Segmentation by Types, End-User, and Applications Forecast to 2024
    • Chapter 7: Endpoint Detection and Response Market Segmentation by Geographical Regions
    • Chapter 8: Competitive Landscape of Endpoint Detection and Response Market Includes Mergers & Acquisition Analysis, Agreements, Collaborations, and Partnerships, New Products Launches
    • Chapter 9: Key Players for Endpoint Detection and Response Market

    For Detailed TOC Click Here

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