EDR or Endpoint Detection & Response is a security solution designed to help organizations to detect suspicious activity on endpoints, to understand the chain of attack, and facilitate administrator with a quick & appropriate response. Its main purpose is to improve visibility into endpoint events and improve threat detection & response times. It expects threats & assesses risks, threat detection, and fast response in order to investigate incidents. EDR confirms & prioritize risks, detects incidents, and prevents attacks in the systems. It delivers data integration, automation, and provides advanced support to organizations data storage systems. It stores endpoint system level behaviors and events, such as file, registry, memory, process, and network events.
According to study, “Global Endpoint Detection & Response (EDR) Software Market Size study, by Solution Type(Workstations, Mobile Devices, Servers, Point of Sale Terminals, Others), by End User (BFSI, IT and Telecom, Manufacturing, Healthcare, retail, Others) and Regional Forecasts 2018-2025” the key companies operating in the global Endpoint Detection & Response (EDR) software market are Carbon Black Inc., CounterTrack, Open Text Corp., Symantec Corporation, Cisco Systems Inc., Fireeye Inc., Cybereason Inc., Guidance, RSA, Webroot, Sophos, McAfee, VIPRE, Crowdstrike Inc., Deep Instinct Ltd., OpenText Corp., Digital Guardian, Tripwire Inc., Panda Security, F-Secure, AO Kaspersky Lab, Cylance Inc., Sophos Ltd., Trend Micro Inc.
Based on solution type, EDR software market is segmented into mobile devices, workstations, point of sale terminals, servers and others. Mobile devices segment holds major share in market owing to increase in malware, APTs, and phishing attacks. Workstations segment is anticipated to witness higher growth rate due to rise in the number of security breaches targeting workstations during the forecast period. Based on deployment mode, market is segmented into managed/hosted, on-premises and hybrid. Hybrid deployment segment dominates the market, as it benefits organizations with improved scalability & speed, 24/7 services, and enhanced management capabilities. Based on component type, market is segmented into solutions and services. Services are further sub-segmented into managed services and professional services. Professional services include training & education, implementation, support & maintenance and consulting. In addition, based on vertical, market is segmented into IT & telecom, aerospace & defense, healthcare, manufacturing, government & public utilities, Intel Corp., Banking, Financial Services and Insurance (BFSI), retail and others.
The EDR software market is driven by surge in cases of enterprise endpoint targeted attacks, followed by rise in need to reduce IT security risks, high proliferation of Internet of Things (IoT) and smart devices, rise in demand for improved incident response timings, increase in technological innovations and growth in enterprise mobility trends across various organizations. However, lack of awareness regarding internal & external threats and high cost of innovation & budget constraints may impact the market. Moreover, growth in demand for integrated & next-generation security solutions and rise in the adoption of hosted EDR solutions are key opportunities for market.
Based on geography, the European and Asian-Pacific regions dominate the EDR software market owing to owing to presence of several key vendors and rise in adoption of data security measures in the region. The Asian-Pacific region is expected to witness fastest growth rate due to rise in need to mitigate IT security risks over the forecast period. It is estimated that the market will be breached at fast speed on account of increase in instances of enterprise endpoint targeted attacks and rise in requirement from enterprises for advanced threat protection during the forecast period.
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Global Endpoint Detection & Response (EDR) Software Market
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