Endpoint Detection and Response Market Current and Future Industry Trends, 2020 - 2027 |Cisco Systems, Inc., Fireeye, Inc., Carbon Black, Inc., Crowdstrike, Inc

(CDN Newswire via Comtex)

The global Endpoint Detection and Response market is forecast to reach USD 5.75 Billion by 2026, according to a new report by Reports and Data. Endpoint Detection and Response (EDR) is a technology that addresses the need for response to advanced threats and continuous monitoring. It is a subset of endpoint technology and also a critical piece of an optimal security posture.

The report includes the latest coverage of the impact of COVID-19 on the Endpoint Detection and Response industry. The incidence has affected nearly every aspect of the business domain. This study evaluates the current scenario and predicts future outcomes of the pandemic on the global economy.

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Key participants include Cisco Systems, Inc., Fireeye, Inc., Carbon Black, Inc., Crowdstrike, Inc., Digital Guardian, Intel Security-McAfee, RSA Security LLC, Tripwire, Inc., Symantec Corporation, and Cyberbit, among others.

The research segments the market based on product type, applications and end-use. It profiles the key players of the business and their individual contribution to the global economy. The report focuses on significant investments, business ventures, mergers, acquisitions, collaborations along with the technological developments in the field. It also evaluates the upcoming and niche areas in the business. The researcher aims to offer expert insights related to the industry and the new opportunities available in the market.

For the purpose of this report, Reports and Data have segmented the global Endpoint Detection and Response market according to Product, Component, Application, End-user, and Region:

Component Outlook (Revenue: USD Billion; 2016-2026)

  • Software
  • Services

Enforcement Point Outlook (Revenue: USD Billion; 2016-2026)

  • Mobile Devices
  • Servers
  • Workstations
  • Point of Sale Terminals

Organization Size Outlook (Revenue: USD Billion; 2016-2026)

  • Small and Medium enterprises
  • Large Enterprises

Deployment Mode Outlook (Revenue: USD Billion; 2016-2026)

  • On-Premises
  • Hosted/Managed
  • Hybrid

Industry Verticals Outlook (Revenue: USD Billion; 2016-2026)

  • BFSI
  • Government
  • Healthcare and Life Sciences
  • Retail and E-Commerce
  • Travel and Hospitality
  • Manufacturing
  • IT and Telecommunication
  • Others

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Further key findings from the report suggest

  • Software held a market share of 34.3% in the year 2018. Companies require endpoint detection and response software to protect their IT systems from any kind of breach and safeguard the data on employees' laptops and PCs.
  • The workstation segment is expected to grow owing to the rise in the security breaches that target workstations in the organizations, where hackers try to derive sensitive data. With the rise in the vulnerabilities, the demand for the market is expected to rise. It held a market share of 31.5% in the year 2018.
  • Large enterprise held a market share of 80.6% in the year 2018. These enterprises are at a greater risk with their sensitive data on their large number of employees' workstations. Moreover, the rising trend of BYOD among them are increasing the threat of such attacks. Hence, these organizations make sure to protect itself from such breaches.
  • Hosted EDR services enable system-based security agencies to investigate the cloud if a user accesses any suspicious URL and response accordingly. Hosted deployment mode is forecasted to grow with a CAGR of 22.5% during the forecast period.

Key Questioned Answered mentioned in the Report -

  1. What are the products offered by the Endpoint Detection and Response industry presently?
  2. What are the different applications of the products offered in this market of Endpoint Detection and Response?
  3. Who could be claimed as the most dominant and influential players in this global industry?
  4. Which factors act as the drivers of this market, and which factors pull this industry down acting as restraints?
  5. What can be determined by the trends obtained from the evaluation of the historical data for the Endpoint Detection and Response industry?

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