Endpoint Detection and Response Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The Global Endpoint Detection and Response (EDR) Market was valued at USD 1.76 billion in 2020, and it is expected to reach USD 6.72 billion by 2026, registering a CAGR of 25.15% during the period of 2021-2026. Enterprises are increasingly adopting more decentralized and edge-based security techniques, due to an increasing number of data breaches worldwide. This is driving the demand for endpoint detection and response (EDR) solutions.
Key HighlightsThe market for endpoint detection and response is becoming fragmented due to the increasing data breaches cases, globally. For large organizations, storing personal data securely, in this fast-paced world, has become the most critical task. Giants, like Carbon Black, Cisco Systems, and Symantec, are developing EDR tools to cater to such organizations.
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