Endpoint Detection and Response Market 2022-2027

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Global Endpoint Detection and Response Market Research Report:

According to the latest report by IMARC Group, titled “ Endpoint Detection and Response Market: Global Industry Trends, Share, Size, Growth, Opportunity a nd Forecast 2022-2027

” the global endpoint detection and response market reached a strong growth in 2021.

Endpoint Detection and Response (EDR) refers to an integrated endpoint security solution that offers protection against hacking attempts and user data theft. It comes with numerous features, such as data loss prevention, data classification, network access control, threat protection, etc. EDR is extensively used to collect, monitor, and analyze data activity from endpoints that indicate a threat. It helps organizations in data exploration, suspicious activity detection, ensuring a faster response time to the chain of attack, and protecting the system against advanced forms of credential theft and malware. As a result, EDR finds extensive application across various sectors, including Information Technology (IT), healthcare, Banking, Financial Services, and Insurance (BFSI), etc.

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Global Endpoint Detection and Response Market Trends :

The escalating requirement for improved incident response timing, on account of the rising instances of security breaches and cyber threats, is primarily driving the endpoint detection and response market. Besides this, the expanding integration of advanced behavioral analysis and Machine Learning (ML) to improve the process of identifying malware and suspicious files for eliminating data loss is acting as another significant growth-inducing factor.

Furthermore, the increasing volumes of healthcare data, owing to the growing digitization of the healthcare sector, are also positively influencing the market growth. Additionally, the inflating adoption of cloud-based operations, the emerging trend of Bring Your Own Devices (BYOD) among organizations, and the launch of several policies by the government bodies aimed at providing innovative cyber security solutions are expected to propel the endpoint detection and response market in the coming years.

Looking forward, the market value is projected to reach a strong growth during the forecast period (2022-2027).

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