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Endpoint Detection And Response (EDR) Market Growth Accelerated By Enhanced Threat Detection Capability

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Ashish Thapa
Endpoint Detection And Response (EDR) Market Growth Accelerated By Enhanced Threat Detection Capability

Endpoint detection and response (EDR) solutions help organizations detect and respond to cyber threats in real time. EDR products monitor endpoints and user behavior to identify anomalies and malicious activities. They leverage advanced analytics and machine learning algorithms to analyze endpoint data and detect known and unknown threats. EDR solutions provide enhanced visibility into endpoint activities, user behavior analytics, file integrity monitoring, and malware detection capabilities.


The global Endpoint Detection and Response (EDR) Market is estimated to be valued at US$ 3430.46 Mn  in 2023 and is expected to exhibit a CAGR of 7.3%  over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

The increase in the adoption of EDR solutions can be attributed to their enhanced threat detection capabilities. EDR products continuously monitor endpoints for threats and anomalies using advanced threat detection techniques such as machine learning and behavioral analytics. They can quickly uncover known and unknown threats across the IT infrastructure in real time. EDR solutions leverage endpoint telemetry data collected over time to improve detection accuracy. The threat detection engines are continuously updated using insights from new detections. This enhances the ability of EDR solutions to identify evolving threats and zero-day attacks. The improved threat visibility and detection provided by EDR products have accelerated their adoption rates among organizations aiming to strengthen their security posture and minimize cybersecurity risks.


Segment Analysis

The global Endpoint Detection And Response (EDR) Market is dominated by the solution segment owing to the high demand for endpoint threat detection and incident response solutions. These solutions help enterprises monitor, detect, investigate, and respond to advanced cyber threats and data breaches. Within the solution segment, the endpoint threat detection system sub-segment dominates due to the increasing need to monitor endpoint activity and detect malware infections, data exfiltration, and other anomalies.

Key Takeaways

The global Endpoint Detection and Response (EDR) market is expected to witness high growth over the forecast period of 2023 to 2030.

Regional Analysis: North America currently dominates the global EDR market led by strong demand from the US. The region is expected to continue its dominance due to rapid adoption of advanced threat detection technologies by enterprises to prevent cyberattacks.

Key players operating in the Endpoint Detection and Response (EDR) market are Central Admixture Pharmacy Services, Inc., Nephron Pharmaceuticals Corporation, QuVa Pharma, Olympia Pharmacy, ASP Cares, Fagron Compounding Pharmacies, Athenex, Inc., Avella Specialty Pharmacy, Atlas Pharmaceuticals, Empower Pharmacy, Carie Boyd€TMS Prescription Shop, Edge Pharma, Imprimis NJOF, LLC, IntegraDose Compounding Services, LLC, Wells Pharma of Houston, LLC, US Compounding Inc., SCA Pharma, and Vertisis Custom Pharmacy.


Get More Insights On This Topic: https://www.pressreleasebulletin.com/endpoint-detection-and-response-powers-organizational-security/

 

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