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Incident Response Services Market Worth USD 51.29 Billion During forecast Period 2019-2024

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Incident Response Services Market – Growth, Trends, And Forecast (2019 – 2024)

The Incident Response Services Market research report presents a comprehensive assessment of the market and contains qualitative and quantitative insights, historical and forecasted data, competitor and regional analysis from 2019 to 2024. This report presents a comprehensive overview, market shares, and growth opportunities of Incident Response Services market by product type, application, key manufacturers and key regions and countries.

The market was valued at USD 18.26 billion in 2018, and it is projected to reach a value of USD 51.29 billion by the end of 2024, at a CAGR of 18.96% over the forecast period (2019-2024).

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The prominent players in the global Incident Response Services market are:

IBM Corporation, Cisco Systems Inc., Intel Corporation, Symantec Corporation, Dell, Inc., BAE Systems, Check Point Software Technologies Ltd, FireEye Inc., Honeywell International Inc., Verizon Communications Inc.

Scope of the Report

Advanced threat detection solutions are being employed by firms in industries, like IT, BFSI, manufacturing, and healthcare to detect the trespassers, whose main aim is cybercrime. Various security solutions are being installed by enterprises, which establish network, e-mail, database, and web security. Meanwhile all incidents cannot be prevented, there are measures organizations can take to minimize their attack and lessen the frequency and severity of incidents.

Incident Response Services Market Report Highlights

  • The report provides a detailed analysis on current and future market trends to identify the investment opportunities
  • Market forecasts till 2024, using estimated market values as the base numbers
  • Key market trends across the business segments, Regions and Countries
  • Key developments and strategies observed in the market
  • Market Dynamics such as Drivers, Restraints, Opportunities and other trends
  • In-depth company profiles of key players and upcoming prominent players
  • Growth prospects among the emerging nations through 2024
  • Market opportunities and recommendations for new investments

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Key Market Trends

Data Breaches in the Healthcare Industry to Drive the Market Growth

– In 2018, the healthcare industry continued to be plagued by data breaches involving sensitive patient information, according to 2019 Breach Barometer Annual Report by Protenus.
– The largest breach reported in 2018 was a hacking of a business associate. It involved a North Carolina-based health system vendor that had its patient information accessed by an unauthorized party. Hackers gained access to patient information over the course of a week, affecting 2.65 million patient records.
– For 2019, the largest data breach incident was reported by Navicent Health in March. It was a phishing attack in which the records of 278,016 patients were potentially accessed and copied by the attackers. A similarly sized data breach was reported by ZOLL Services, which impacted 277,319 individuals.
– As per HIPAA’s Data Breach Report, healthcare data breaches continued to be reported at a rate of one a day in March 2019.

Reasons to Purchase this Report

-Identify the current and future prospects of the global Incident Response Services market in the developed and emerging markets

-Analyse various perspectives of the market with the help of Porter’s five forces analysis

-Information about the growth of the various material, type, and application that are expected to dominate the market

-Regional and country analysis of the market

-Identify the latest developments, market shares, and strategies employed by the major market players

-3 months analyst support, along with the Market Estimate sheet (in Excel)

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyses key emerging trends and their impact on present and future development.

The research includes historic data from 2013 to 2018, and forecast to 2024 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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