According to the latest research report, during the projected period of 2017-2023, the endpoint detection and response market size is anticipated to reach about USD 8.6 billion. The Endpoint Detection and Response Market is predicted to expand at a compound annual growth rate (CAGR) of 25 percent.
Drivers and Limits
High need for power supply in volatile climatic conditions, standardization of Endpoint Detection and Response goods and high investment in defense sectors to ensure national security are the main drivers for the growth of rough power supply units worldwide. In most developing economies, however, budget constraints and lack of awareness act as major limiting factors for the development of the rugged power supply market. The rough Endpoint Detection and Response market is characterized by rapid change, wide range of technologies, and demand for standardized products that provide both opportunities and threats to vendors by stepping up the competition. Most of the major vendors on the market are following the new product launch / product enhancement strategy followed by acquisition to lead in the Endpoint Detection and Response market.
Competitive Dynamics
The major market players operating in the global market as identified by MRFR are- Symantec Corporation (U.S.), Digital Guardian (U.S.), EMC Corporation (U.S.), Guidance Software, Inc. (U.S.), McAfee (U.S.), RSA Security (U.S.), FireEye, Inc. (U.S.), Intel Corporation (U.S.), Tripwire, Inc. (U.S.), Carbon Black, Inc. (U.S.), Cisco Systems, Inc. (U.S.), Cybereason Inc. (U.S.), Bromium Inc. (U.S.) and CrowdStrike, Inc. (U.S.).
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Regional Assessment
The global business regional analysis was conducted in four major regions including Asia Pacific , North America, Europe and the rest of the world. The European region will dominate the market for Endpoint Detection and Response due to Growing demand for natural gas for generating power and heating spaces. The region needs better transport facilities for gas as the current physical pipelines have become outdated and require high maintenance and upgrade costs. Asia-Pacific is the fastest growing region, since the region’s developing nations are the net importers of natural gas. China itself was the largest consumer of natural gas in 2017, with industrialization and urbanization projects expected to increase consumption. The region’s emerging markets, such as Indonesia and Pakistan, are also experiencing high demand for natural gas, which brings opportunities for Endpoint Detection and Response in Asia Pacific.
Segmentation Overview
The Endpoint Detection and Response Market is segmented on the basis of components used, the enforcement point used, the deployment used, the organization used, and the end-user used. The global endpoint detection and response (EDR) market is expected to witness decent growth during the forecast period.
By Application
Based on the application, the Endpoint Detection and Response Market is segmented into implementation, consultancy, education and training, and support and maintenance.
By end-users
Based on the propulsion types, the market is segmented into banking, financial services, and insurance (BFSI), information technology and telecommunications (IT and telecom), government & public utilities, aerospace & defense, production, healthcare, sales, and others.
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Covid 19 Analysis
Due to a rise in phishing activities, COVID-19 has substantially increased the adoption of cloud infrastructure and services. In addition, COVID-19 has significantly increased the security budget, which has resulted in a large increase in cloud infrastructure and services. According to the findings of a study conducted by Microsoft and published in August 2020, 36% of the total 800 respondents said that the budget for cybersecurity had risen as a consequence of the pandemic outbreak. Additionally, 42 percent of those who answered the survey said that the company altered its personnel by adding more security experts.
Drivers and Restraints
The Endpoint Detection and Response market is driven by numerous factors such as increasing construction FDI in the Asia Pacific region, and policy reforms and policies that support them. Governments across all regions are observed, their construction sector supported, and created. The emerging economies are the ones that put in various reforms and regulations in particular to fuel their infrastructure growth and the real estate market. Such expansion is slated to increase scaffolding’s market growth. The Endpoint Detection and Response market has constraints such as fluctuating prices of raw materials and slower economic growth, which hinder market development.
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Table of contents:
1 EXECUTIVE SUMMARY
1.1 GLOBAL ENDPOINT DETECTION AND RESPONSE MARKET, BY COMPONENT
1.2 GLOBAL ENDPOINT DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE
1.3 GLOBAL ENDPOINT DETECTION AND RESPONSE MARKET, BY DEPLOYMENT
1.4 GLOBAL ENDPOINT DETECTION AND RESPONSE MARKET, BY END-USERS
1.5 GLOBAL ENDPOINT DETECTION AND RESPONSE MARKET, BY REGION
2 MARKET INTRODUCTIONS
2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 FORECAST MODEL
3.6 LIST OF ASSUMPTIONS
4 MARKET DYNAMICS
Continued…
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