The [FURL=https://www.industryarc.com/Report/18686/endpoint-detection-and-response-market.html?utm_source=briefingwire&utm_medium=pressrelease&utm_campaign=paidpressrelease]Global Endpoint Detection and Response Market[/FURL] is estimated to reach $3.5 billion by 2026, growing at a CAGR of 23.1% from 2021 to 2026. Endpoint detection and response, also known as endpoint threat detection and response (ETDR), is an application that provides endpoint protection platform to offer advanced threat protection for instance against fileless malwares. It is a solution that basically provides protection against stealing user data and hacking attempts. The ETDR provides incident data search and investigation, suspicious activity detection, threat hunting, and data exploration, and others owing to which ETDR are widely adopted and used. The ever-increasing threat of data exfiltration, rising regulatory requirements affecting companies of all sizes, and rising adoption of cloud based networking are driving the growth of the market.Key Takeaways
Rise in enterprises’ endpoint threats and cloud based mobile apps are driving the growth of the market.
Cloud based endpoint detection and response solutions are dominating the market owing to the rise in cloud networking and cloud based mobile apps integration globally.
APAC is witnessing significant growth in the market due to the growth of industrial sector along with the growth of internet cellular networks and development of LTE networks which are giving rise to the growth of cloud based mobile apps.
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Endpoint Detection and Response Market Segment Analysis - By Geography
Global Endpoint Detection and Response Market is dominated by APAC region with a market share 36.7% in 2020. The surge in cloud based networking, mobile devices and presence of major key players in which there is requirement of Endpoint detection and response tools are driving the growth of the market. Requirement for cloud managed LAN networks are contributing to further growth of the market in North America region. Furthermore, dynamic business requirements along with growing enterprises are aiding the use of cloud based LAN networks in this region. The rise of industrial sectors in which the ETDR is finding its applications for providing protection against advanced threats are accounting for the growth of the market. These factors are boosting the growth of the market in this region.
Endpoint Detection and Response Market Drivers
Rise in the mitigation of IT security risk
Rise in cloud-based mobile apps
Endpoint Detection and Response Market Landscape
Endpoint Detection and Response Market is dominated by major companies such as FireEye Inc., Carbon Black Inc., Cysco System Inc., CrowdStrike Inc., Broadcom Inc., Cyberreason Inc., Deep Instinct Inc., OpenText Corporation, McAfee Inc., EMC Corporation, among others.
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