Global Endpoint Detection and Response Market Analysis, Drivers & Challenges During the Forecast Period, 2020-2024 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 23, 2020--
The “Endpoint Detection and Response Market by Deployment, End-users, and Geography - Forecast and Analysis 2020-2024” report has been added to ResearchAndMarkets.com’s offering.
Global Endpoint Detection and Response Market: About this market
The endpoint detection and response market analysis considers sales from both on-premises and cloud-based deployments. Our study also finds the sales of endpoint detection and response in APAC, Europe, MEA, North America, and South America. In 2019, the on-premises segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the rising implementation of regulations on the BFSI and healthcare sectors for stringent security of critical data will play a significant role in the on-premises segment to maintain its market position. Also, our global endpoint detection and response market report looks at factors such as increasing adoption of cloud-based EDR solutions, emergence of enterprise mobility and BYOD policy, and growing demand for integrated solutions. However, availability of open-source software and inclination toward pirated software, lack of skilled labor and knowledge about internal and external threats, implementing complex endpoints may hamper the growth of the endpoint detection and response industry over the forecast period.
Global Endpoint Detection and Response Market: Overview
Increasing adoption of cloud-based EDR solutions
The adoption of cloud computing is increasing across the world owing to the flexibility and cost benefits associated with cloud services. Cloud-based solutions help enterprises reduce CAPEX as they can subscribe to cloud services through flexible payment options such as pay-as-you-go or a fixed monthly fee. Vendors such as Sophos, MacAfee, Symantec, Carbon Black, and Crowdstrike have started offering cloud-based EDR solutions. Moreover, the players are focusing on partnerships with cloud solutions providers to capitalize on the growing cloud solutions market. This adoption of cloud-based EDR solutions will lead to the expansion of the global endpoint detection and response market at a CAGR of almost 10% during the forecast period.
Integration of AI into EDR software
The increase in the number of cyberthreats globally has driven the need to protect networks through strong preventive and predictive solutions. This has led enterprises around the world to adopt multiple security solutions. Enterprises adopt security solutions such as firewalls, antimalware, encryption, server security, DLP, antivirus, and backup. AI-based EDR solutions offer predictive analytics and quick response compared with traditional EDR software. Vendors have started integrating AI into their products, which can rapidly detect malicious intent and patterns in files and websites. Cylance launched its AI platform with predictive EDR to offer automated threat detection, prevention, forensic investigation, and response capabilities. This development is expected to have a positive impact on the overall market growth.
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY END-USER
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY DEPLOYMENT
PART 09: GEOGRAPHIC LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/qbqro1
View source version on businesswire.com:https://www.businesswire.com/news/home/20200123005669/en/
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INDUSTRY KEYWORD: TECHNOLOGY SECURITY
SOURCE: Research and Markets
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PUB: 01/23/2020 12:20 PM/DISC: 01/23/2020 12:20 PM