Endpoint Detection and Response Market Size, Share, Growth Analysis, By Organization Size (Large Enterprises, Small and Medium Enterprises), By Deployment Mode (Cloud, On-premises), By Endpoint Device Network Devices & Servers, Mobile Devices), By Region -Industry Forecast 2024-2031
Report ID:
SQMIG45A2365 |
Region:
Global |
Published Date: November, 2024
Pages:
187
|Tables:
0
|Figures:
0
Endpoint Detection and Response Market Insights
Global Endpoint Detection and Response Market size was valued at USD 3.58 Billion in 2022 and is poised to grow from USD 4.48 Billion in 2023 to USD 21.23 Billion by 2031, at a CAGR of 24.9% during the forecast period (2024-2031).
Endpoint detection and response refers to a cybersecurity solution focused on securing endpoints such as laptops and mobile devices connected on a network. The growing incidence of cyberattacks emerging from endpoint security weaknesses is projected to primarily augment the demand for endpoint detection and response over the coming years. Rising sophistication of these cyberattacks, growing popularity of remote work trend, high adoption of bring your own device (BYOD) trend, and imposition of stringent security regulations for endpoints are some key factors that are estimated to drive market development in the future. Use of artificial intelligence and other advanced technologies presents a multitude of new opportunities for all market players in the long run. On the contrary, challenges in integration, lack of skilled cybersecurity professionals, and data privacy concerns are estimated to impede the adoption of endpoint detection and response in the long run.
Market Snapshot - (2024-2031)
Global Market Size
Largest Segment
Fastest Growth
Growth Rate
CAGR
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Endpoint Detection and Response Market Segmental Analysis
Global endpoint detection and response market is segmented by solution, endpoint device, vertical, deployment mode, organization size, and region. Based on solution, the market is segmented into software and services. Based on endpoint device, the market is segmented into network devices & servers, mobile devices, point of sale (POS) devices, and others. Based on vertical, the market is segmented into BFSI, IT & ITES, government, energy & utilities, manufacturing, healthcare, retail, and other verticals. Based on deployment mode, the market is segmented into on-premises and cloud. Based on organization size, the market is segmented into large enterprises, small & medium-sized enterprises. Based on region, the market is segmented into North America, Europe, Asia-Pacific, Latin America and the Middle East & Africa.
Analysis by Deployment Mode
Cloud-based endpoint detection and response is forecasted to account for a dominant share of the global endpoint detection and response market. The easy access and affordable nature of cloud-based endpoint detection and response solutions has allowed them to gain massive popularity among all types of organizations around the world thereby helping this segment hold sway over others. Increasing acceptance and adoption of cloud technologies is also a key factor helping this segment maintain its high market share. Companies can save their infrastructure costs by opting for cloud-based endpoint detection and response systems and invest the saved amount to further enhance their cybersecurity going forward.
Meanwhile, the demand for on-premises endpoint detection and response is slated to increase at a stellar CAGR over the coming years. Growing need for organizations to control their security end-to-end to avoid any possibility of vulnerability is projected to help this segment generate new opportunities for endpoint detection and response companies in the future. Even though these types of solutions are more expensive as compared to their cloud-based counterparts, large enterprises are willing to spend more for that added bit of sense of security offered by on-premises endpoint detection and response solutions.
Analysis by Organization Size
The demand for endpoint detection and response from large enterprises is projected to account for a dominant share of the global endpoint detection and response market. Increasing willingness of large organizations to spend more on cybersecurity and growing awareness regarding the benefits of endpoint detection and response adoption in the same allows them to bring in the most revenue for market players. Enhanced productivity and efficiency due to adoption of endpoint detection and response solutions by large enterprises is also helping this segment maintain its dominant stance across the forecast period. High number of endpoint devices in large enterprises are making endpoint detection and response an essential in this segment.
On the other hand, small and medium enterprises (SMEs) are forecasted to witness a robust hike in endpoint detection and response demand going forward. The rising availability of affordable cloud-based endpoint detection and response solutions and services is the prime factor making this segment a highly opportune one for market players in the future. Increasing number of cybercriminals focusing their attacks on SMEs is also pushing them to opt for endpoint detection and response solutions to safeguard their networks and data thereby creating new revenue generation opportunities for market players in the long run.
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Endpoint Detection and Response Market Regional Insights
Quick adoption of advanced security technologies by organizations in North America allows it to emerge as the leading market on a global level. The growing popularity of the bring your own device (BYOD) trend and rising incidence of sophisticated cyberattacks and data breaches are also expected to create new business scope for endpoint detection and response providers operating in this region. The United States is forecasted to emerge as the top market for endpoint detection and response companies in North America owing to the presence of a strong regulatory framework promoting the use of advanced security measures to maintain data privacy and security.
Asia-Pacific is forecasted to emerge as the fastest-expanding market in the world for endpoint detection and response companies. Growing digital transformation, rising use of multiple endpoint devices, and growing number of remote workers in this region are helping bolster the demand for endpoint detection and response in the Asia Pacific region. The growing number of small and medium tech companies in this region will also create new business scope for endpoint detection and response providers in the long run. China, India, and Japan are slated to be the key markets for any market player looking to establish a presence in this region.
- Largest
- Fastest
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Endpoint Detection and Response Market Dynamics
Drivers
Growing Sophistication of Cyberattacks
- Cyberattacks and data breaches are becoming increasingly common and more advanced. These complex types of cyberattacks and data breaches require advanced security measures thereby promoting the demand for endpoint detection and response systems as they provide real-time monitoring, detection, and response capabilities, allowing businesses to quickly identify and mitigate threats across their endpoints.
Growing Number of Remote Workers
- The trend of remote work has picked up substantially in recent years, especially after the COVID-19 pandemic. This increase in the number of remote workers is also creating new opportunities for endpoint detection and response companies as the focus on endpoint security increases in organizations. EDR tools offer continuous visibility into all devices, allowing companies to detect threats from remote endpoints and protect sensitive data.
Restraints
Challenges in Integration
- Integrating advanced security solutions with legacy IT infrastructure is a major challenge and this is expected to impede endpoint detection and response adoption. The use of a wide variety of cybersecurity solutions by different organizations is also a factor that can slow down the integration of endpoint detection and response in the future.
Dearth of Cybersecurity Professionals
- As cybersecurity becomes more and more complex, the need for highly skilled cybersecurity professionals also increases. However, there is only a limited number of skilled professionals available in the market, which in turn slows down the adoption of endpoint detection and response and other advanced cybersecurity solutions around the world.
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Endpoint Detection and Response Market Competitive Landscape
To address the increasingly complex cybersecurity landscape, endpoint detection and response market players need to innovate and launch new offerings. Collaborations and partnerships will be crucial strategies for companies looking to enhance their global endpoint detection and response market presence. Investing in the integration of advanced technologies such as artificial intelligence and machine learning could also offer lucrative returns for all endpoint detection and response market players in the long run.
Top Player’s Company Profiles
- Symantec Corporation
- RSA Security LLC.
- ESET
- Kaspersky
- Microsoft Corporation
- Cisco Systems, Inc.
- McAfee, LLC
- Bitdefender
- Broadcom Inc.
- FireEye
- Fortinet
- Palo Alto Networks Inc.
- Carbon Black Inc.
- Intel Corporation
- Trend Micro Incorporated
- Crowdstrike Inc.
Recent Developments
- In October 2024, VIPRE Security Group, a leading name in the cybersecurity business announced the launch of a new VIPRE Endpoint EDR+MDR package. The package provides managed detection and response (MDR) services to users whilst also offering round-the-clock endpoint protection for all organizations.
- In May 2023, Acronis, a renowned cybersecurity software company headquartered in Switzerland announced the general availability of its new endpoint detection and response offering. Acronis Advanced Security + Endpoint Detection & Response (EDR) was launched for Acronis Cyber Protect Cloud to provide a more simplified and streamlined cybersecurity workflow with advanced features and capabilities.
- In April 2023, Lookout, a leading name in the endpoint to cloud security business announced the launch of Lookout Mobile Endpoint Security for managed security service providers (MSSPs). This solution can help organizations handle their remote work devices to reduce their vulnerability to cyberattacks.
Endpoint Detection and Response Key Market Trends
- Extended Detection and Response (XDR): Endpoint detection and response companies should focus on opting for an Extended Detection and Response (XDR) approach as it covers all aspects of cybersecurity such as network, devices, cloud, and email under a single solution. This holistic approach to cybersecurity can help endpoint detection and response companies maximize their business scope and stand out from the competition in the long run.
- Adoption of Zero Trust Security Models: Endpoint detection and response providers should focus on opting for a zero-trust framework for their offerings to help boost the security of complex IT infrastructure. Moreover, the rising popularity and preference for zero trust cybersecurity among organizations around the world is also expected to offer lucrative business scope for all market players in the long run.
Endpoint Detection and Response Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the growing prevalence of cyberattacks and rising popularity of the remote work trend are slated to be prime factors driving the demand for endpoint detection and response. However, challenges in integration and dearth of skilled cybersecurity professionals are slated to slow down endpoint detection and response market growth in the future. North America is slated to emerge as the dominant market owing to quick adoption of advanced technologies and rising emphasis on security enhancement. In organizations. Adoption of zero trust security models will generate new opportunities for endpoint detection and response providers.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 3.58 Billion |
| Market size value in 2031 | USD 21.23 Billion |
| Growth Rate | 24.9% |
| Base year | 2023 |
| Forecast period | (2024-2031) |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
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| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Endpoint Detection and Response Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Endpoint Detection and Response Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Endpoint Detection and Response Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Endpoint Detection and Response Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Endpoint Detection and Response Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Endpoint Detection and Response Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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