Endpoint Detection and Response Market

Endpoint Detection and Response Market Outlook for (2024 to 2034)

According to estimates, the endpoint detection and response market is estimated to be valued at USD 4.0 billion in 2024. The endpoint detection and response market is expected to reach USD 32.4 billion by 2034, developing at a CAGR of 23.2%.

The rising trend of Bring Your Own Devices (BYODs) among enterprises, increasing number of endpoints, rising endpoint attacks and breaches and modification of IT risks are some of the factors fueling the growth of the endpoint detection and response (EDR) market.

Endpoint detection and response (EDR) provides organizations with the ability to respond remotely to cyber incidents, and to identify, investigate, and respond to advanced and complex malware threats. Rise in personal computer use for working is a primary reason for rising deployment of endpoint detection and response (EDR)

Increase in BYOD is witnessed over the past few years, and with COVID-19, the usage of personal devices to manage office work has increased exponentially. BYOD applications are likely to gain importance in the upcoming years with the advent of endpoint detection and response (EDR), which, in turn, creates opportunities for the endpoint detection and response (EDR) market.

Endpoint Detection and Response Market Trend Analysis

Endpoint detection and response solutions are integrating threat intelligence feeds to enhance their capabilities in identifying and responding to emerging threats.

Endpoint detection and response solutions are increasingly incorporating automation and orchestration capabilities. Automated response to threats, coupled with orchestration of security workflows, helps in faster threat containment and response times.

With the increasing number of IoT and Operational Technology (OT) devices, EDR solutions are expanding their capabilities to cover these endpoints. Securing IoT and OT devices is becoming a crucial aspect of overall endpoint security.

Attributes	Key Insights
Endpoint Detection and Response Market Estimated Size in 2024	USD 4.0 billion
Projected Market Value in 2034	USD 32.4 billion
Value-based CAGR from 2024 to 2034	23.2%

2019 to 2023 Historical Analysis vs. 2024 to 2034 Market Forecast Projections

Cyber-security has become a top priority for stakeholders in BFSI, government, defense, and healthcare sectors. Kaspersky Lab - a multinational cyber-security and anti-virus provider is recognizing this requirement and is offering its EDR solution compounded with high-end endpoint defenses while cutting costs.

In order to prevent unprotected endpoints and security breach, companies in the endpoint detection and response (EDR) market are increasing their marketing capabilities to reach their right target clients who have shown a renewed interest and adoption for malware detection solutions. With growing concerns about data privacy, EDR solutions are placing more emphasis on protecting sensitive data on endpoints.

Companies in the endpoint detection and response (EDR) market such as McAfee are gaining popularity for their software platforms that facilitate detection and response to targeted attacks and offer comprehensive analysis of malicious activities. Behavior analysis is becoming a fast growing phenomenon in endpoint software platform in order to trace attacks on the shared corporate networks. The demand for endpoint detection and response is projected to rise at a CAGR of 23.2% from 2024 to 2034.

Market Value 2023	USD 3.3 billion
Market Value in 2034	USD 32.4 billion

Endpoint Detection and Response Market Growth Drivers

• The rise in sophisticated cyber threats, including malware, ransomware, and advanced persistent threats, are expected to drive the demand for endpoint security solutions.
• The global shift towards remote work due to the COVID-19 pandemic has expanded the attack surface, increasing the need for endpoint security
• The gowing awareness in organizations about the importance of endpoint security in the overall cybersecurity posture.
• Increasing cybersecurity investment are increasing the market size.
• The integration of advanced technologies like AI, machine learning, and behavioral analytics into EDR solutions enhances their capabilities to detect and respond to sophisticated threats.

Country-wise Analysis

The following table shows the top five countries by revenue, led by Australia and Japan. Demand for endpoint detection and response solutions have become vital in enabling organizations to manage and secure these devices, ensuring that employees can work from anywhere without compromising security. These two countries are predicted to boost their endpoint detection and response service efforts through 2034.

Forecast CAGRs from 2024 to 2034

Japan	24.4%
The United States	21.1%
China	23.7%
Australia	26.7%
Germany	22.7%

Incresed Cybersecurity Threats to boost Market Growth in United States

According to the study, the United States is expected to witness an impressive CAGR of 21.1% by 2034.The market size has been growing steadily due to increased cybersecurity threats and regulatory pressures. Organizations across industries, including finance, healthcare, government, and more, are investing in endpoint detection and response solutions.

The presence of stringent data protection and privacy regulations, such as HIPAA, GDPR (when handling EU citizen data), and industry-specific compliance standards. Compliance requirements drive the adoption of endpoint detection and response solutions as organizations seek to protect sensitive data and ensure regulatory adherence.

Financial institutions, healthcare providers, government agencies, and large enterprises are among the major adopters due to their focus on securing sensitive data and critical infrastructure, driving the market demand in the country.

Incresed Government Initiatives Promoting Cybersecurity Measure drive Market Demand in China

Endpoint detection and response market in China has seen substantial growth due to the rapidly expanding digital infrastructure and the corresponding increase in cyber threats. With a vast number of endpoints connected to networks, there a heightened focus on securing these endpoints against evolving cyber risks. The endpoint detection and response market in China is projected to rise at a CAGR of 23.7% from 2024 to 2034.

Chinese government has been active in promoting cybersecurity measures. Initiatives such as the Cybersecurity Law of China and various national cybersecurity strategies have emphasized the importance of endpoint security, thereby driving the adoption of EDR solutions among enterprises.

Presence of Stringent Data Proectrion Laws in Germany to Drive the Market Demand.

Endpoint detection and response market in Germany is expected to grow with a CAGR of 22.7% from 2024 to 2034.Germany has stringent data protection laws, including the General Data Protection Regulation (GDPR), which mandates strict measures to protect personal data. Compliance requirements drive the adoption of advanced EDR solutions that offer robust endpoint security and data protection capabilities.

EDR solution providers in Germany often focus on developing cutting-edge technologies, leveraging AI, machine learning, and behavioral analytics to enhance endpoint security.

Incresed Awareness and Investment in Cybersecurity Boost market Demand in Japan

The market in Japan is expected to grow with a CAGR of 24.4% from 2024 to 2034. The growth of the market in Japan is attributed to increasing number of cyber threats, including targeted attacks, ransomware, and data breaches.

Government initiatives and policies focus on enhancing cybersecurity readiness, encouraging organizations to invest in advanced EDR solutions to protect critical infrastructure and sensitive data in Japan. The growing awareness among Japanese organizations about the importance of cybersecurity are fueling the market demand during the forecast period.

Increasing Demand in End-Use Sectors are Expected to Drive EDR Solutions in Australia

The demand for Endpoint detection and response is expected to rise in Australia. By 2034, the market is expected to expand at a CAGR of 26.7%. The protection of critical infrastructure is a priority in Australia. Industries like energy, utilities, and telecommunications heavily invest in EDR solutions to safeguard their operational technology (OT) endpoints from cyber threats.

The government, BFSI, and retail sectors are expected to be the major end-users of EDR solutions in the Australia due to the high demand among vendors to protect their endpoints from cyber-attacks.

Category-wise Insights

According to market forecasts, the software segment will dominate until 2034, with a market share of 64.5%. With growing concerns about data privacy, EDR solutions are integrating software focused on data protection and encryption.

The cloud based segment is expected to have a share of 54.8%. Factors such as scalability, ease of management, and remote accessibility are driving organizations to opt for cloud deployments.

Category	Market share
Software	64.5%
Cloud Based	54.8%

Software Segment to Remain Most Popular

The software segment accounted for the largest market share of 64.5% in 2024. EDR software provides the highest level of protection features, such as behavioral protection, threat insight and intelligence, cloud-based endpoint detection, and a variety of security analytics techniques.

IT administrators can set up security policies and protocols to ensure that all devices are compliant with security standards. It also helps organizations ensure compliance with various regulatory standards, such as HIPAA, PCI DSS, and GDPR, by enforcing security policies and providing audit trails.

This helps enterprises avoid consequences and reputational damage resulting from non-compliance. Overall, EDR software offers numerous benefits to organizations, ranging from enhanced real-time security and compliance to increased productivity and better user experience. These benefits are driving the increasing adoption of EDR software by organizations of all sizes and in all industries, boosting the market growth for endpoint detection and response (EDR).

Cloud Based Segment Driving Growth with a Sizeable Market Share

The cloud-based segment accounted for a market share of 54.8% in 2024. Cloud-based EDR solutions are hosted and managed in the cloud. Rather than installing and running EDR software on-premise, organizations can access EDR functionality over the internet via a web-based interface.

Cloud-based EDR solutions offer a convenient and cost-effective way for organizations to manage and secure their devices, disks, and memory storage. By leveraging the scalability, accessibility, and security features of cloud-based solutions, organizations can improve productivity, reduce costs, and enhance their overall endpoint detection and response capabilities.

Competative Landscape

The global endpoint detection and respons market is highly competitive. The increasing number of cybercrimes and growing ownership of gadgets are augmenting the entry of newcomers to the market. Market players are focusing on the development of endpoint detection and response (EDR) to attract more customers.

Key players operating in the endpoint detection and response (EDR) market

• Bitdefender
• Broadcom, Inc. Cisco Systems
• CrowdStrike
• ESET
• FireEye
• Fortinet
• Kaspersky
• McAfee
• Microsoft Corporation

Some of the key developments in the global endpoint detection and response (EDR) market are highlighted below:

• In November 2020, Check Point Software Technologies Ltd. launched its unified cyber security platform i.e. Check Point R81 to provide autonomous threat prevention, essentially designed for enterprises
• In November 2020, Cyberbit launched skills development cloud solutions for delivering cybersecurity spectrum in a unique, on-demand platform to train and enhance skills of cybersecurity teams of organizations to protect their assets and networks from cyber-attacks. The company’s Zero to Hero skills development cloud solution is a combination of cyber range and cyber lab exercises into one, on-demand platform, which enhances the cybersecurity skills of cybersecurity teams of organizations.
• In February 2020, Digital Guardian launched new data protection solutions and security services in order to meet the rising threats. The company’s aim is to deliver a Cloud EDR (endpoint detection and response) platform, which can detect attacks in real-time and continuously monitor systems, data, and user telemetry.

Report Scope

Attributes	Details
Estimated Market Size in 2024	USD 4.0 billion
Projected Market Valuation in 2034	USD 32.4 billion
Value-based CAGR 2024 to 2034	23.2%
Forecast Period	2024 to 2034
Historical Data Available for	2019 to 2023
Market Analysis	Value in USD billion
Key Regions Covered	North America; Latin America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; Middle East and Africa
Key Market Segments Covered	Solution, EndPoint Device, Deployment, Enterprise size, Vertical, Region
Key Countries Profiled	The United States, Canada, Brazil, Mexico, Germany, The United Kingdom, France, Spain, Italy, Russia, Poland, Czech Republic, Romania, India, Bangladesh, Australia, New Zealand, China, Japan, South Korea, GCC countries, South Africa, Israel
Key Companies Profiled	Bitdefender; Broadcom, Inc.; Cisco Systems; CrowdStrike; ESET; FireEye; Fortinet; Kaspersky; McAfee; Microsoft Corporation

Endpoint Detection and Response Market Key Segments

Solution:

• Software
• Service
• Professional Services
• Managed Services

Endpoint Device:

• Network Devices and Servers
• Mobile Devices
• Point Of Sale (POS) Devices
• Others

Deployment:

• Cloud
• On-premise

Enterprise Size:

• Small and Medium-sized Enterprises
• Large Enterprises

Vertical:

• Banking, Financial Services, and Insurance (BFSI)
• Healthcare and Life Sciences
• Government and Defense
• Retail and E-commerce
• IT and Telecom
• Energy and Utilities
• Manufacturing
• Others

Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• South Asia and Pacific
• East Asia
• Middle East and Africa

Frequently Asked Questions

What is the expected worth of the endpoint detection and response market in 2024?

As of 2024, the market for endpoint detection and response is expected to be valued at USD 4.0 billion, as per FMI.

According to FMI, what is the anticipated market value for endpoint detection and response in 2034?

By 2034, the market value of endpoint detection and response is expected to reach USD 32.4 billion.

What is the projected forecast CAGR for the endpoint detection and response market from 2024 to 2034?

From 2024 to 2034, endpoint detection and response are expected to flourish at a CAGR of 23.2%.

Based on solution, which segment dominates the endpoint detection and response market?

The software segment is expected to account for a market share of 64.5% in 2024.

Which country is likely to be at the pinnacle of the market?

Australia is likely the top-performing market with a CAGR of 26.7%.