Endpoint Detection and Response (EDR) Market, By Component (Solutions and Services), By Deployment Type (Cloud - based and On - premise), By Solution Type (Work Stations, Mobile Devices, Servers, and Point of Sale Terminals), By Organization Size (Small and Medium Enterprises and Large Enterprises), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, Africa) - Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Endpoint detection and response systems combine real-time monitoring with automated analysis and collection of endpoint data. Security teams use this data to recognize suspicious behaviors, prevent malware from spreading, and quickly remediate threats. Despite the increasing sophistication of cyberattacks, most organizations are still susceptible to attacks. In fact, attackers are capable of breaching an organization's network in 93 out of 100 cases.
Along with providing a high level of visibility into all activities on a network, an EDR solution can also prevent malware from destroying the data. Moreover, an EDR solution can also automatically restore the network to a pre-infection state.
Market Dynamics:
Increased adoption of cloud infrastructure and other advanced technologies is expected to further drive the endpoint detection and response (EDR) market growth. Moreover, advancements in artificial intelligence (AI) technology is expected to provide lucrative opportunities for market players.
However, lack of skilled professionals and high cost is expected to obstruct growth of the global endpoint detection and response (EDR) market over the forecast period.
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