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DUBLIN--(BUSINESS WIRE)--Nov 4, 2022--
The "Endpoint Detection And Response Market, By Component, By Enforcement Point, By Organization Size, By Deployment Mode, By Industry Vertical, and By Region Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
The global Endpoint Detection and Response market is forecast to reach USD 14.90 Billion by 2030, according to a new report.
Companies Mentioned
Endpoint detection and response (EDR) is an approach to security that gives organizations visibility into and control over activity on endpoints.
This helps protect against sophisticated attacks, as well as insider threats, by providing real-time visibility into endpoint activity, identifying suspicious behavior, and allowing for quick and effective response.
The rising number of cyber-attacks and the need for better security measures are the major factors driving the growth of the endpoint detection and response market. The increasing adoption of Bring Your Own Device (BYOD) and the Internet of Things (IoT), as well as the rising number of remote workers, are also fueling market growth. However, the high cost of EDR solutions and the lack of skilled personnel are restraining market growth to some extent.
The primary focus of the EDR market is on providing better visibility and control over endpoint activity. This helps organizations to quickly identify and respond to suspicious behavior, as well as protecting against sophisticated attacks. The market is also focusing on providing solutions that are easy to deploy and manage, as well as being scalable to meet the needs of organizations of all sizes.
There are growing number of cases of enterprise endpoint attacks globally. As per the findings of IBM X-Force, in 2017, there was a 63 percent increase in new enterprise endpoint attacks, as compared to 2016. Also, the WannaCry ransomware attack in May 2017 hit more than 230,000 victims in 150 countries, with damages totaling USD 4 billion. Such attacks are expected to drive the demand for EDR solutions in the coming years.
Further key findings from the report suggest
Market Segmentation:
Component Outlook (Revenue, USD Billion; 2019-2030)
Enforcement Point Outlook (Revenue, USD Billion; 2019-2030)
Organization Size Outlook (Revenue, USD Billion; 2019-2030)
Deployment Mode Outlook (Revenue, USD Billion; 2019-2030)
Industry Verticals Outlook (Revenue, USD Billion; 2019-2030)
Regional Outlook (Revenue, USD Billion; 2019-2030)
For more information about this report visit https://www.researchandmarkets.com/r/xcrbpg
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SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 11/04/2022 09:05 AM/DISC: 11/04/2022 09:06 AM
http://www.businesswire.com/news/home/20221104005368/en