Endpoint Detection and Response Market By Component (Solution, Services), By Deployment Mode (On-Premises, Cloud), By Organization size (Large Enterprises, SMEs), By Enforcement Point (Workstations, Mobile devices, Servers, Point of sale terminals), By Industry Vertical (BFSI, Retail, Healthcare, Manufacturing, Government and Public Sector, IT and Telecom, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
The endpoint detection and response, commonly known as endpoint threat detection and response (ETDR), is a comprehensive endpoint security system that combines real-time continuous monitoring & collection of end-point data with rules based automated response and analysis abilities. Its main functions include collecting and monitoring endpoint activity data that could signify a threat, as well as analyzing data to discover threat patterns. In addition, it automatically responds to dangers, removing or containing them and alerting security professionals. It is also used as forensics and analytical tool to investigate risks and monitor for suspicious activities. In addition, advanced investigative capabilities of EDR solutions can use artificial intelligence (AI) and machine learning (ML) to automate phases in investigative processes. Furthermore, as IT security professionals face more complex cyberthreats, as well as a higher diversity in number and types of endpoints accessing network, companies require more assistance from endpoint detection and response (EDR) solutions, which enable automated analysis and reaction.
Factors such as rise in adoption of bring your own device (BYOD)to boost the market growth. In addition, increase in adoption of remote working and increase in number of connected devices further drive growth of the market. Furthermore, rise in demand for advanced technologies and increase in demand for robust security in healthcare & life sciences firms are expected to provide lucrative growth opportunities for the market in the upcoming years. However, lack of awareness regarding cyber-attacks and high cost of innovation and budget constraints hamper the market growth.
The global endpoint detection and response market is segmented on the basis of component, deployment mode, enforcement point, organization size, industry vertical, and region. By component, it is bifurcated into software and services. By deployment mode, it is segregated into cloud and on-premises. On the basis of enforcement point, it is categorized into workstations, mobile devices, servers and point of sale terminals. By industry vertical, it is segregated into BFSI, retail, manufacturing, IT & telecom, healthcare, government & public sector, and others. By organization size it is categorized into SMEs and large enterprises. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The market players operating in the endpoint detection and response market, which includes Carbon Black Inc., Cisco Systems, Inc., Crowdstrike Inc., Intel Corporation, McAfee, LLC., Microsoft Corporation, Palo Alto Networks, Inc., RSA Security LLC., Symantec Corporation, and Trend Micro Incorporated. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships, which drive growth of the endpoint detection and response market globally.
KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the endpoint detection and response market along with the current trends and future estimations to elucidate the imminent investment pockets.
Information about key drivers, restraints, and opportunities and their impact analysis on the endpoint detection and response market size is provided.
Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the global endpoint detection and response market.
The quantitative analysis of the endpoint detection and response market from 2021 to 2031 is provided to determine the endpoint detection and response market potential.
Key Market Segments
By Deployment Mode
By Organization size
By Enforcement Point
Point of sale terminals
By Industry Vertical
Government and Public Sector
IT and Telecom
Rest of Europe
Rest of Asia-Pacific
Key Market Players
Carbon Black Inc.
Cisco Systems, Inc.
Palo Alto Networks, Inc.
RSA Security LLC.
Trend Micro Incorporated
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