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09.02.2017 17:10:00
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Endpoint Detection and Response (EDR) Market to Grow at a CAGR of 25% by 2021: Increasing Instances of Enterprise Endpoint-targeted Attacks - Research and Markets
DUBLIN, Feb. 9, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Endpoint Detection and Response Market - Global Forecast to 2021" report to their offering.
The Endpoint Detection and Response market size is expected to grow from USD 749.0 Million in 2016 to USD 2,285.4 Million by 2021, at a Compound Annual Growth Rate (CAGR) of 25.0% during the forecast period. The major growth drivers of the Endpoint Detection and Response market include the need to mitigate IT security risks and increasing instances of enterprise endpoint-targeted attacks, coupled with the surge in demand from Small and Medium-sized Enterprises (SMEs), owing to the rise in the adoption of hosted EDR solutions.
The EDR market is segmented by component, enforcement point, deployment mode, organization size, vertical, and region. The solutions component is estimated to have the largest market size in 2016. Moreover, the services segment is expected to grow at the highest CAGR during the forecast period. An increasing demand from large enterprises and SMEs from diverse industry verticals to safeguard their premises from advanced threats, such as malwares, ransomwares, and advanced persistent threats has led to the growth of the EDR market. In addition, government compliances and the increasing demand for integrated and next-generation security solutions are expected to augment the demand for such solutions.
The mobile devices enforcement point segment is expected to grow at the highest CAGR during the forecast period. Rapid advancement in mobile computing has led to the growing popularity of the mobility and Bring Your Own Device (BYOD) trend in the corporate environments, which is driving the demand over the forecast period. However, the workstations enforcement point segment holds the largest share in the Endpoint Detection and Response market in 2016, on account of the increased instances of threats on workstations that affects the business operations of the various industry verticals.
The managed services segment is expected to grow at the highest CAGR during the forecast period, while the professional services segment is expected to hold the largest market size in 2016. In addition, the consulting professional services segment is expected to grow at the highest CAGR during the forecast period. Furthermore, the implementation services segment holds a major share of the EDR professional service market in 2016, owing to the complexities in its integration with the existing systems.
Companies Mentioned:
- Carbon Black, Inc.
- Cisco Systems, Inc.
- Crowdstrike, Inc.
- Cyberbit
- Cybereason Inc.
- Deep Instinct
- Digital Guardian
- Fireeye, Inc.
- Guidance Software, Inc.
- Intel Security - Mcafee
- RSA Security (EMC)
- Romad Cyber Systems
- Sentinelone
- Symantec Corporation
- Tanium Inc.
- Tripwire, Inc.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Endpoint Detection and Response Market Analysis, By Component
8 Endpoint Detection and Response Market Analysis, By Enforcement Point
9 Endpoint Detection and Response Market Analysis, By Deployment Mode
10 Endpoint Detection and Response Market Analysis, By Organization Size
11 Endpoint Detection and Response Market Analysis, By Vertical
12 Endpoint Detection and Response Market Analysis, By Region
13 Competitive Landscape
14 Company Profiles
15 Key Innovators
For more information about this report visit http://www.researchandmarkets.com/research/f3rg3j/endpoint
Media Contact:
Laura Wood, Senior Manager
press@researchandmarkets.com
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/endpoint-detection-and-response-edr-market-to-grow-at-a-cagr-of-25-by-2021-increasing-instances-of-enterprise-endpoint-targeted-attacks---research-and-markets-300405030.html
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