Endpoint Detection and Response (EDR) Market Segmented By Endpoint Detection And Response Software, Services in Large, Small and Medium-sized Enterprises (SMEs) Size
Industry: IT and Telecommunication
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Report Type: Ongoing
Report ID: PMRREP32671
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.
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.
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.
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.
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.
Some of the leading providers of endpoint detection and response (EDR) include
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.
By Solution
By Enterprises Size
By End-use Industry
By Region
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.
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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