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

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.