The Endpoint Detection and Response (EDR) Solutions Market is expected to reach USD 11.22 Billion by 2028, according to a new report by Reports and Data.

Endpoint security solutions are emerging due to the evolving rate of attackers and threats faced by various enterprises. Endpoint security vendors are anticipated to implement solutions for advanced attack techniques. Enterprise security systems need to be updated with the developments in endpoint security products, vendors to mitigate the threats that they might face in the future.

This can be mainly associated with increasing technological advancement emergence of IoT, which are expected to further accelerate the market growth globally. EDR (Endpoint Detection and Response) is a cyber-security technology that emphasizes on the need for constant monitoring and provides solutions for advanced threats. Tremendous opportunity for growth awaits the market as it is an emerging technology. Continuous monitoring and identification of the threats are promoted through the application of analytical tools.

Many organizations are still using conventional anti-virus (AV) solutions for endpoint security approach, but most of the enterprises are shifting towards modern, more advanced solutions that are better suited to handle ongoing, rising advanced threats.

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Further key findings from the report suggest

The Endpoint Detection and Response (EDR) Solutions Market is estimated to reach USD 11.22 Billion by 2028, at a CAGR of 24.9% during the forecast period.
The adoption of Endpoint Detection and Response (EDR) Solutions detection is increasing to secure websites, mobile apps, and APIs.
The services segment is anticipated to grow at the higher rate of 25.3% during the forecast period.
Based on deployment, the market is segmented as on premise, hybrid and managed.
The mobile device type segment is anticipated to grow at the highest rate of 25.1% during the forecast period.
The healthcare end user segment accounts for the largest share of 39.3% in 2020.
Recently, the largest data breach incident was observed in the healthcare segment.
APAC is forecasted to be the fastest growing market with the highest rate of 25.4% during the forecast period.
The drivers for the growth of this region are the presence of key players, favorable reimbursement policies, and rising use of technology in the emerging countries like India, China and Japan, along with several initiatives initiated by the government.
Various players are working on improving the functionality of EDR solutions to mitigate the advanced security threats and data breaches.
Solar Winds announced the expansion of its security agreement with Solar Winds Endpoint Detection and Response in May 2019, through its alliance with Sentinel One. It is intended to assist MSPs in preventing, detecting, and responding to the newest threats to customer endpoints with registered Behavioral AI.
The Key players in the Endpoint Detection and Response (EDR) Solutions Market include Cisco Systems Inc., Symantec Corporation, Cybereason Inc., Crowdstrike Inc., Deep Instinct Ltd, Digital Guardian, FireEye Inc., Carbon Black Inc., OpenText Corporation, McAfee Inc., EMC Corporation, Fidelis Cybersecurity, Trend Micro Inc., Cybereason Inc., Intel Corporation, Digital Guardian Inc., Guidance Software, Inc.

Segments covered in the report:

Offering Outlook (Revenue, USD Million; 2018-2026)

Solution
Services

Deployment mode Outlook (Revenue, USD Million; 2018-2026)

On-premises
Hybrid
Managed

Type Outlook (Revenue, USD Million; 2018-2026)

Workstations
Mobile Devices
Servers
Point of Sale Terminals

Organization size Outlook (Revenue, USD Million; 2018-2026)

Small and Medium Enterprises
Large Enterprises

End user Outlook (Revenue, USD Million; 2018-2026)

Healthcare
BFSI
IT and Telecom
Manufacturing
Retail

On the basis of regional analysis, the market is segmented into key geographical regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. According to the analysis, North America is expected to dominate the market with the highest market share. Asia-Pacific is anticipated to show a significant growth rate owing to rising development and population demands.

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Beneficial Aspects of the Report:

Global and region forecast of the Endpoint Detection and Response (EDR) Solutions market from 2020-2027
In-depth analysis of market dynamics, industry outlook, market size based on types and applications
Details of value chain analysis, supply and demand ratio, production and consumption patterns
SWOT Analysis, Porter’s Five Forces Analysis, Feasibility Analysis, and Investment Return Analysis to provide a better understanding of the market and competitive players
Detailed insights on competitive landscape and emerging market trends

Research Methodology:

The market report is formulated on the basis of data obtained through extensive primary and secondary research. The data is further validated and verified by industry experts, research analysts, and professionals. The report considers regional demand and supply ratio, investments, market dynamics, capacity, end-use industry trends, and consumer behavior to generate a forecast report. The data is collected from verified sources such as government policies, regulatory published materials, journals, trade magazines, and verified data sources. The report uses advanced analytical tools such as SWOT Analysis, Porter’s Five Forces Analysis, Feasibility Analysis, and Investment Return Analysis to provide an accurate insight into the market scenario and competitive landscape. This report provides beneficial information to companies and new players to make lucrative business decisions. The market estimates and forecast data have been thoroughly verified through exhaustive primary research.

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