Outlook on the Endpoint Detection and Response Global Market to 2028 - Featuring Broadcom, Cisco Systems and Microsoft Among Others - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global Endpoint Detection and Response Market Size, Share & Industry Trends Analysis Report By Vertical, By Component, By Deployment Type, By Organization Size, By Enforcement Point, By Regional Outlook and Forecast, 2022 - 2028" report has been added to ResearchAndMarkets.com's offering.

The Global Endpoint Detection and Response Market size is expected to reach $7.1 billion by 2028, rising at a market growth of 24.8% CAGR during the forecast period.

Endpoint detection and response (EDR) has several benefits, including the capacity to identify threats in real-time and enable an immediate halt to a breach. Additionally, EDR tools help analyze data to spot threat patterns, automatically react to threats to neutralize them or take other measures, and alert security staff. It can be used as a forensics tool to support an investigation, which is anticipated to offer the industry lucrative growth potential. Furthermore, it tracks events and processes including registry changes, logins, and network connections to enable real-time visibility across all endpoints.

That makes it possible for the group or businesses to look into any suspicious conduct right away. The workload involved in identifying and responding to threats or hazards can also be lessened with the use of enhanced endpoint detection and response (EDR) processes. Removing the requirement for the security team to constantly monitor several tools and dashboards, which fuel the market's growth, saves time and resources.

Technology platforms known as EDR tools enable quick analysis and containment of attacks on endpoints in addition to warning security teams of potentially harmful activities. A workstation or laptop used by an employee, a server, a cloud system, a smartphone, or an IoT device are all examples of endpoints. EDR systems typically aggregate endpoint data, such as process execution, terminal communication, and customer logins; analyze data to find anomalies and suspicious attacks; and record data about harmful conduct. This gives security teams the information they need to look into and handle issues. They also make it possible to perform manual and automatic tasks to neutralize threats on the endpoint, such as wiping and reimaging the device or isolating it from the network.

Security teams now have the insight they need to find problems that might otherwise go undetected due to EDR security solutions, which keep track of all endpoint and workload activity and events. Continuous and thorough visibility into what is occurring on endpoints in real-time must be offered by an EDR system. An EDR tool should have sophisticated capabilities for threat detection, investigation, and response, such as incident data search, investigation alert triage, and validation of suspicious activity, threat hunting, and detection and containment of malicious activity.

Market Growth Factors

Malware, crypto-jacking, and enterprise email hacks are all on the rise

Crypto-jacking incidents drive companies to update unsecure systems, eliminating a potential point of entry for ransomware. Organizations implemented recommended fixes to address the exploited vulnerability. Every single moment in the web application compromises Expel conducted research that led to the introduction of a coin miner in 2021.

This typically occurs when a victim unwittingly installs malicious scripts that let a cybercriminal access the device or other Internet-connected devices, such as by clicking on an unknown link in an e-mail or going to a malicious website. Because they are digital, cryptocurrencies can only be produced by computer programmers and processing power.

Security rules and compliance reporting can both be changed.

A company's rules and laws are unique to it. They may include goals, procedures, and risks that are specific to that company. Using the finest EDR tools, each user can create a security policy based on a customized rules engine. By using this engine, users can implement security and operational guidelines that will then be updated to address shifting business needs, changing threats, and applicable laws and regulations.

Marketing Restraining Factor:

Poor And Erratic Third-Party Software

The security of the third-party infrastructure and a loss of control are just two disadvantages of outsourcing security tasks to a third-party EDR network operator. The service company's cyber architecture must be secure and up to date if it is to be effective in fending off the most recent sophisticated threats. An EDR service provider's infrastructure may include sensitive customer and employee information from multiple companies, making it more susceptible to frequent and intricate attacks. Because of this, businesses could be reluctant to provide these service providers access to valuable data.

Scope of the Study

Market Segments Covered in the Report:

By Vertical

• IT & Telecom
• BFSI
• Manufacturing & Automotive
• Retail
• Government & Public Sector
• Healthcare & Life Sciences
• Others

By Component

• Solution
• Services

By Deployment Type

• On-premise
• Cloud

By Organization Size

• Large Enterprises
• Small & Medium Enterprises

By Enforcement Point

• Workstations
• Servers
• Mobile Devices
• Point of Sale Terminals
• Others

By Geography

• North America
• Europe
• Asia Pacific
• LAMEA

Key Market Players

List of Companies Profiled in the Report:

• Broadcom, Inc.
• Cisco Systems, Inc.
• Microsoft Corporation
• OpenText Corporation
• Crowdstrike Holdings, Inc.
• McAfee Corp.
• VMware, Inc.
• Palo Alto Networks, Inc.
• SentinelOne, Inc.
• Cybereason Inc.

For more information about this report visit https://www.researchandmarkets.com/r/17qdu5