Market Research Report Store Endpoint Detection and Response Market estimated t
"Endpoint Detection and Response Market estimated to grow from USD 749.0 million in 2016 to
USD 2,285.4 million by 2021" published in June 2017. It is a professional and in-depth study.
Summary
Market Research Report Store announces a new report "Endpoint Detection and Response
Market"added to its database.The Endpoint Detection and Response (EDR) market size is estimated
to grow from USD 749.0 million in 2016 to USD 2,285.4 million by 2021, at an estimated Compound
Annual Growth Rate (CAGR) of 25.0%. The EDR market is driven by factors, such as need to mitigate
IT security risks and threats such as malwares, ransomwares, and advanced persistent threats, along
with a rising enterprise mobility trend across organizations. However, the high cost of innovation and
budget constraints of organizations limit the growth of the market.
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“The managed services segment is expected to grow at the highest CAGR during the forecast
period”
Organizations are rapidly growing their partnership networks to deploy such EDR solutions across the
globe. Thus, the managed services segment is expected to grow at the highest CAGR during the
forecast period. However, the professional services segment is expected to have the largest market size
in 2016.
“The mobile devices enforcement point segment is expected to grow at the highest CAGR during
the forecast period”
The mobile devices EDR enforcement point segment is estimated to grow at the highest CAGR during
the forecast period due to the rise in Bring Your Own Device (BYOD) trend and increased usage of
mobile devices in the Banking, Financial Services, and Insurance (BFSI) sector. The workstations
enforcement point segment is expected to have the largest market size in 2016, owing to an increased
instance of advanced threats, such as malwares, ransowmares, and advanced persistent threats on the
workstations.
“Asia-Pacific is expected to have the highest growth rate during the forecast period”
Asia-Pacific (APAC) includes emerging economies, such as China, Japan, and India, along with
countries from the South East Asia, which are rapidly transforming into business hubs with the regional
expansion of global enterprises and the emergence of a large number of small and medium-sized