Endpoint Detection And Response Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 4.09 Billion |
| Market Size (2029) | USD 12.39 Billion |
| CAGR (2024 - 2029) | 24.80 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
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*Disclaimer: Major Players sorted in no particular order |
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Endpoint Detection And Response Market Analysis
The Endpoint Detection And Response Market size is estimated at USD 4.09 billion in 2024, and is expected to reach USD 12.39 billion by 2029, growing at a CAGR of 24.80% during the forecast period (2024-2029).
- The key drivers contributing to the increase in the adoption of data-intensive approaches and decisions with the growth include the increase in the number of cyber-attacks globally with the growing digitalization. Due to increasing data breaches worldwide, enterprises are increasingly adopting more decentralized and edge-based security techniques. This drives the demand for endpoint detection and response (EDR) solutions.
- The growth is mainly due to an increase in exponential endpoint devices, a continuously increasing & sophisticated nature of endpoint attacks and breaches, and a proportionally increasing demand for high-security solutions to combat endpoint attacks. In addition, the growth of the security endpoint market is supported by factors such as the advent of innovative technologies like IoT, Al, ML, and Big Data, among others, and IT risk mitigation in an increasingly complex regulatory environment with fast-changing legal frameworks.
- Enterprise mobility is an approach where employees can work from anywhere using various devices and applications. These devices can fit into the enterprise security infrastructure in various ways. There has been a double-digit growth in the number of endpoints, primarily owing to the rapidly increasing adoption of automation, which is a result of Industry 4.0, machine-to-machine communication, and the emergence of smart cities.
- The increasing adoption of BYOD trends in organizations has increased the influx of different laptops, desktops, and smartphones, which has created different endpoints vulnerable to attacks. Security measures on their own are not enough to stop them. The massive growth in the adoption of mobile devices worldwide is expected to create significant opportunities during the forecast period.
- Customers require a multi-layered approach to endpoint detection and response, incorporating tools that combine superior performance with low cost and centralized management. It also helps deliver threat protection across all endpoints, ensuring customer data is safe in a physical, virtual, or hybrid environment.
Endpoint Detection And Response Market Trends
Small and Medium Enterprises (SMEs) to Witness Major Growth
- Small and medium enterprises are imperative to global GDP growth. For instance, according to the European Commission, approximately 24.4 million small and medium-sized enterprises (SMEs) were estimated to be in the European Union in 2023. The Contribution of SMEs to the European Economy Small and medium-sized enterprises (SMEs) form the backbone of the European economy. The cyber attacks that are taking place on small and medium enterprises (SMEs) are increasingly becoming more sophisticated, implying that the traditional endpoint protection mechanisms cannot easily prevent them. In these cases, timely incident detection is essential to minimize potential negative impacts.
- The increasing awareness among enterprises about the importance of saving money and resources by moving their data to the cloud instead of building and maintaining new data storage drives the demand for cloud-based solutions and, hence, the adoption of cloud-based endpoint detection and response solutions. Due to these benefits, SMEs and large enterprises worldwide have increasingly adopted cloud-based solutions.
- Further, the growing innovations to meet the increasing demand for small and medium enterprises are set to boost the market growth rate. For instance, in February 2024, ESET, a player in cybersecurity, announced the launch of ESET MDR, an innovative solution to address the growing cybersecurity challenges faced by small and medium-sized businesses. This new offering enables small and medium-sized businesses to respond immediately to incidents, enhance their security posture, reduce false positives, and strengthen their threat detection, investigation, and response capabilities by expanding ESET's Detection and Response Ultimate service for enterprises.
- ESET MDR combines AI-powered automation with human expertise and comprehensive threat intelligence knowledge for unmatched threat detection and incident response. In addition to facilitating regulatory compliance and helping businesses achieve key cyber security controls necessary for insurability, access to 24/7/365 security services that bridge expertise gaps and alleviate the pressure on internal security teams, allowing SMBs to focus on strategic initiatives.
Asia-Pacific is Expected to Register the Fastest Growth
- The rising number of connected devices and the adoption of the Internet of Things technologies across different industries in China, supported by the growth of its smart manufacturing plants in the country, are expected to fuel the growth of endpoint detection and response due to their application in providing organizations to have an endpoint cyber resilient business environment.
- Additionally, technological advancements, including digital transformation and cloud adoptions in businesses, are fueling the risk of cyber attacks in the country. The country’s growth of manufacturing facilities, supported by its low-cost workforce availability, is fueling the growth of computer and M2M communications in the industrial landscape, raising the vulnerability of ransomware and malware cyber attacks, which can drive the market's demand.
- Japan has been registering a significant advancement in implementing cloud-based solutions, including the digital twin, sensors, customer relationships, and ERP software in its industrial sector, supporting the growth of computer systems and data storage server requirements in the country, which would drive the demand for EDR solutions and services, the market in the country due to its application in safeguarding the endpoint security of the enterprises, fueling the market growth.
- The EDR market in India has been registering a significant development in startup funding to support the demand for emerging EDR solutions in enterprises. This would fuel the market growth by strengthening the market’s supply side to address future demand.
Endpoint Detection And Response Industry Overview
The endpoint detection and response market is fragmented due to the increasing number of players. For large organizations, storing personal data securely in this fast-paced world has become the most critical task. Giants like Palo Alto Networks Inc., Cisco Systems Inc., CrowdStrike Inc., Broadcom Inc., and Cybereason Inc. are developing EDR tools to cater to such organizations.
- December 2023: G2, a business software and service review provider, named Sophos a significant player for Endpoint Protection, EDR, XDR, Firewall, and MDR in their Winter 2024 Reports, which would fuel the company's brand positioning to support its market growth in the future.
- September 2023: Cybereason Inc. announced the successful expansion of its funding round on April 23, 2023, bringing the total round to USD 120 million. The funding will help the company to scale its global operations and strengthen its position in the prevention, detection, and response space.
Endpoint Detection And Response Market Leaders
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Palo Alto Networks Inc.
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Cisco Systems Inc.
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CrowdStrike Inc.
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Broadcom Inc.
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Cybereason Inc.
*Disclaimer: Major Players sorted in no particular order
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Endpoint Detection And Response Market News
- October 2023: HarfangLab, a French cybersecurity company offering endpoint detection and response (EDR) solutions to enhance the identification and neutralization of cyberattacks against companies, has closed a EUR 25 million Series A funding round, which would be used to accelerate HarfangLab's business expansion in Europe, and can support the market growth.
- August 2023: Fortinet received the Google Cloud Technology Partner of the Year Award for Security for Identity & Endpoint Protection, which recognizes the ability of its FortiEDR solution to identify and stop breaches in real time, enabling organizations to be resilient to threats and integrate endpoint security within their ecosystem, which can support its market growth in the future.
Endpoint Detection and Response (EDR) Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
- 4.1 Market Overview
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4.2 Industry Attractiveness - Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Threat of Substitues
- 4.2.5 Degree of Competition
- 4.3 Industry Value Chain Analysis
- 4.4 Impact of COVID-19 on the Market
5. MARKET DYNAMICS
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5.1 Market Drivers
- 5.1.1 Increasing Expansion of Enterprise Mobility
- 5.1.2 Bring your Own Device (BYOD) Adoption and Increased Remote Working
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5.2 Market Challenges
- 5.2.1 Higher Innovation Costs
- 5.2.2 Endpoint Detection and Response Falling Short of Protecting Mobile Devices
6. MARKET SEGMENTATION
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6.1 By Component
- 6.1.1 Solutions
- 6.1.2 Services
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6.2 By Deployment Type
- 6.2.1 Cloud-based
- 6.2.2 On-premise
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6.3 By Solution Type
- 6.3.1 Workstations
- 6.3.2 Mobile Devices
- 6.3.3 Servers
- 6.3.4 Point of Sale Terminals
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6.4 By Organization Size
- 6.4.1 Small And Medium Enterprises (SMES)
- 6.4.2 Large Enterprises
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6.5 By End-user Industry
- 6.5.1 BFSI
- 6.5.2 IT and Telecom
- 6.5.3 Manufacturing
- 6.5.4 Healthcare
- 6.5.5 Retail
- 6.5.6 Other End-user Industries
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6.6 By Geography***
- 6.6.1 North America
- 6.6.1.1 United States
- 6.6.1.2 Canada
- 6.6.2 Europe
- 6.6.2.1 Germany
- 6.6.2.2 United Kingdom
- 6.6.2.3 France
- 6.6.3 Asia
- 6.6.3.1 China
- 6.6.3.2 Japan
- 6.6.3.3 India
- 6.6.4 Australia and New Zealand
- 6.6.5 Middle East and Africa
- 6.6.6 Latin America
7. COMPETITIVE LANDSCAPE
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7.1 Company Profiles*
- 7.1.1 Palo Alto Networks Inc.
- 7.1.2 Cisco Systems Inc.
- 7.1.3 CrowdStrike Inc.
- 7.1.4 Broadcom Inc.
- 7.1.5 Cybereason Inc.
- 7.1.6 Deep Instinct Ltd
- 7.1.7 Fortra LLC
- 7.1.8 Musarubra US LLC (Trellix)
- 7.1.9 Open Text Corporation
- 7.1.10 Sophos Ltd
- 7.1.11 Fortinet Inc.
8. INVESTMENT ANALYSIS
9. FUTURE OUTLOOK OF THE MARKET
** Subject To AvailablityEndpoint Detection And Response Industry Segmentation
The global endpoint detection and response market is defined based on the revenues generated from the solutions and services used in various end-user industries across the globe. The analysis is based on the market insights captured through secondary research and the primaries. The market also covers the major factors impacting the growth of the market in terms of drivers and restraints.
The endpoint detection and response market is segmented by component (solutions, services), deployment type (cloud-based and on-premise), solution type (workstations, mobile devices, servers, and point of sale terminals), organization size (small and medium enterprises((SMES)) and large enterprises), end-user industry (BFSI, IT and telecom, manufacturing, healthcare, and retail), and geography (North America (United States, Canada), Europe (Germany, United Kingdom, France, and Rest of Europe), Asia-Pacific (India, China, Japan, and Rest of Asia-Pacific), Middle East and Africa, and Latin America). The market size and forecasts are provided in terms of value (USD) for all the above segments.
| By Component | Solutions | |
| Services | ||
| By Deployment Type | Cloud-based | |
| On-premise | ||
| By Solution Type | Workstations | |
| Mobile Devices | ||
| Servers | ||
| Point of Sale Terminals | ||
| By Organization Size | Small And Medium Enterprises (SMES) | |
| Large Enterprises | ||
| By End-user Industry | BFSI | |
| IT and Telecom | ||
| Manufacturing | ||
| Healthcare | ||
| Retail | ||
| Other End-user Industries | ||
| By Geography*** | North America | United States |
| Canada | ||
| By Geography*** | Europe | Germany |
| United Kingdom | ||
| France | ||
| By Geography*** | Asia | China |
| Japan | ||
| India | ||
| By Geography*** | Australia and New Zealand | |
| Middle East and Africa | ||
| Latin America |
Endpoint Detection and Response (EDR) Market Research FAQs
How big is the Endpoint Detection And Response Market?
The Endpoint Detection And Response Market size is expected to reach USD 4.09 billion in 2024 and grow at a CAGR of 24.80% to reach USD 12.39 billion by 2029.
What is the current Endpoint Detection And Response Market size?
In 2024, the Endpoint Detection And Response Market size is expected to reach USD 4.09 billion.
Who are the key players in Endpoint Detection And Response Market?
Palo Alto Networks Inc., Cisco Systems Inc., CrowdStrike Inc., Broadcom Inc. and Cybereason Inc. are the major companies operating in the Endpoint Detection And Response Market.
Which is the fastest growing region in Endpoint Detection And Response Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Endpoint Detection And Response Market?
In 2024, the North America accounts for the largest market share in Endpoint Detection And Response Market.
What years does this Endpoint Detection And Response Market cover, and what was the market size in 2023?
In 2023, the Endpoint Detection And Response Market size was estimated at USD 3.08 billion. The report covers the Endpoint Detection And Response Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Endpoint Detection And Response Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Endpoint Detection and Response Industry Report
Statistics for the 2024 Endpoint Detection and Response market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Endpoint Detection and Response analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
