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Endpoint Detection and Response Market: Growth, Business Opportunities, Recent Development Global Demand 2019 | CAGR 22.97% by 2024

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The endpoint detection and response (EDR) market is expected to reach USD 3,443.64 million by 2024, with a CAGR of 22.97%, during the forecast period (2019 – 2024).

The Endpoint Detection and Response 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 Endpoint Detection and Response market by product type, application, key manufacturers and key regions and countries.

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The prominent players in the global Endpoint Detection and Response market are:

Carbon Black Inc., Cisco Systems Inc., Crowdstrike Inc., Symantec Corporation, Cybereason Inc., Deep Instinct Ltd., Digital Guardian, FireEye Inc., OpenText Corporation, McAfee Inc., EMC Corporation

Scope of the Report

After the attacker compromises an endpoint, they laterally spread (East-West Movement or Lateral Movement) to other systems and accounts until they reach their primary objective. Protecting against every endpoint threat is impossible: hence, organizations are shifting their focus to fast detection and response through an EDR service. Once a threat is validated, these solutions take immediate action to contain the compromised endpoint(s), resolve the threat, and protect endpoints against future similar attacks.

Endpoint Detection and Response 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:

Asia-Pacific to Witness the Highest Growth

– According to IBEF, Indias IT & ITeS industry grew to USD 181 billion in 2018-2019. According to data released by the Department of Industrial Policy and Promotion (DIPP), the computer software and hardware sector in India attracted cumulative Foreign Direct Investment (FDI) inflows worth US$ 35.82 billion between April 2000 to December 2018. This calls for an increased demand for endpoint detection and response tools as the manufacture of hardware is set to increase.
– Moreover, growing technological innovations in China and Japan results in the growth of EDR market. According to Japan Electronics and Information Technology Industries Association (JEITA), Computers and IT, terminal production in February 2019 was worth 95,371 million yen as compared to 85,564 million yen in January 2019.
– According to GSMA, the fastest growth of IoT connections is in Asia-Pacific from 2.8 billion in 2017 to 8.1 billion in 2025. Owing to all these factors, Asia-Pacific is expected to witness the fastest CAGR over the forecast period.

Reasons to Purchase this Report

-Identify the current and future prospects of the global Endpoint Detection and Response 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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