Endpoint Detection and Response (EDR) Market

Endpoint Detection and Response (EDR) Market - Global Industry Analysis and Opportunity Assessment 2021 - 2031

Endpoint Detection and Response (EDR) Market Segmented By Endpoint Detection And Response Software, Services in Large, Small and Medium-sized Enterprises (SMEs) Size

Report ID: PMRREP32671

Report Type: Ongoing

Format: PPT*, PDF, EXCEL

Industry: IT and Telecommunication

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Endpoint Detection and Response (EDR) Market Forecast and CAGR

Endpoint detection and response (EDR) can be utilized to store and record endpoint-system-level behaviors, and use different data analytics methods to detect suspicious system behavior and providing contextual information. Endpoint detection and response (EDR) offers a comprehensive and adaptive endpoint protection that covers the full security lifecycle to detect, analyse, prevent, and respond to threats.

Endpoint protection platform provides security to endpoints and remote devices used in organizations from viruses, malwares, as well as from advanced threats. Endpoint detection and response (EDR) market was valued at US$ ~2.0 Bn in 2020 and is expected to enhance at a CAGR of 25.5% during the forecast period 2021-2031.

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What is Driving Demand for Endpoint Detection and Response (EDR)?

Endpoint detection and response (EDR) solutions are essential for various enforcement points, including workstations, mobile devices, point of sale terminals, servers, and others.

Growth in developments of the enterprise mobility and BYOD trends across various enterprises to overcome the enterprise-targeted cyber-attacks, is expected to propelling demand for endpoint detection and response (EDR) market during the forecast period.

The increasing adoption of hosted endpoint detection and response solutions and growing enterprise mobility trends across various organizations are creating new growth opportunities for endpoint detection and response (EDR) solution providers.

It also offers some of the major benefits such as advanced threat protection, threat hunting, suspicious activity detection, data exploration, and others. The reliability of such benefits drives the growth of the endpoint detection and response (EDR) market.

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What is the Impact of COVID-19 Pandemic Outbreak on Sales of Endpoint Detection and Response (EDR)?

During the COVID-19 crisis, remote working brings productivity challenges and new security risks. The endpoint detection and response (EDR) is used to control and block malicious activity, as well as offers remediation suggestions to renovate affected systems.

The pandemic significantly offers numerous opportunities for the endpoint detection and response (EDR) market as it enables industries provides significant platform EDR with industry-leading support and features.

There is an increasing demand for endpoint detection and response (EDR) solution for various end-users such as IT & telecommunications, BFSI, healthcare, and others for protection against remote threats, is one of the major factors fueling demand for endpoint detection and response (EDR) across regions.

It offers various applications such as detect security incidents, provide remediation guidance, contain the incident at the endpoint, investigate security incidents, and others.

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US and Canada Endpoint Detection and Response (EDR) Market Outlook

The US is one of the strong markets for endpoint detection and response (EDR) globally. North America is expected to capture large market share in terms of revenue, in the Endpoint detection and response (EDR) owing to the rise in adoption of cloud computing technologies and the presence of various endpoint protection platform providers in the region.

Furthermore, U.S. is the dominant country in the global endpoint detection and response (EDR) market accounting for around 25%-30% of the market share in 2021.

The increased adoption of endpoint detection and response (EDR) applications in various industries such as BFSI, automotive, manufacturing, and Government and public utilities has been driving the growth for endpoint detection and response (EDR) in the North American market.

Europe Demand Outlook for Endpoint Detection and Response (EDR)

The adoption of endpoint detection and response (EDR) is expected to rise considerably across small- and medium-sized businesses in Germany. Demand for Endpoint detection and response (EDR) technologies is increasing due to the increasing need to mitigate it security risks and rising demand for integrated and advanced security solutions across the Europe.

Some of the key players such as KION Group, Toyota Industries, Oceaneering International, and others are focused on increased adoption of web and mobile based application and BYOD for business operations. They are also development and implementation of endpoint detection and response (EDR) solutions to identify major security gaps and mitigate risks.

Who are the Key Providers of Endpoint Detection and Response (EDR)?

Some of the leading providers of endpoint detection and response (EDR) include

  • McAfee LLC
  • RSA Security LLC
  • Cisco Systems Inc.
  • FireEye Inc.
  • Carbon Black Inc.
  • Guidance Software Inc.
  • Digital Guardian
  • Symantec Corporation
  • Others.

The Endpoint detection and response (EDR) solution providers major strategy involves expansion through the collaboration of assets, business, technologies, and products that allow products offering and expand market.

For instance, April 2021, Bitdefender launched cloud-based endpoint detection and response solution in India. It is designed to help enterprise customers and managed service providers (MSPs) to improve the ability to detect and eradicate threats.

Key Segments

By Solution

  • Endpoint Detection And Response Software
    • Cloud-based
    • On-premises
  • Services
    • Implementation & Integration
    • Consulting
    • Support & Maintenance

By Enterprises Size

  • Small and Medium-sized Enterprises (SMEs)
  • Large Enterprises

By End-use Industry

  • Banking, Financial Services, and Insurance (BFSI)
  • Automotive
  • IT and telecom
  • Manufacturing
  • Healthcare
  • Retail
  • Others

By Region

  • North America
    • US
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • UK
    • France
    • Germany
    • Italy
    • Spain
    • BENELUX
    • Russia
    • Rest of Europe
  • East Asia
    • China
    • Japan
    • South Korea
  • South Asia & Pacific
    • India
    • Thailand
    • Indonesia
    • Malaysia
    • Australia & New Zealand
    • Rest of South Asia & Pacific
  • Middle East & Africa
    • GCC Countries
    • Turkey
    • South Africa
    • Rest of Middle East and Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Endpoint Detection and Response (EDR) Market Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.

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Companies Covered in This Report

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