iCrowdNewswire Feb 3, 2021 6:00 PM ET
The rise in security breaches with increasing incidences of money laundering, cyber terrorism, fraud, hacking, and identity theft across enterprises, is stimulating market growth.
Market Size – USD 16.04 Billion in 2019, Market Growth – CAGR of 17.9%, Market Trends – Increasing growth of IoT, big data, cloud computing, and BYOD.
The incident response market size is projected to reach USD 60.60 Billion, from USD 16.04 Billion in 2019, exhibiting a CAGR of 17.9% through 2027, according to a new report by Reports and Data. The rising incidence of security breaches, cyber terrorism, money laundering, hacking, identity theft, and others across enterprises is fuelling the demand for incident response solutions to combat these attacks.
Incident response solutions refer to an organized set of approaches and procedures that need to be followed in cases of cybersecurity attacks. The solutions offer capabilities for case management, automation, intelligence, and orchestration into a single platform, thereby assisting security teams in assessing, measuring, and improving the management. Organizations are rapidly taking up incident response solutions as a measure to monitor networks & endpoints for avoiding fraudulent activities and advanced intrusions.
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Some of the players profiled in the report are Rapid7 (US), Symantec (US), McAfee (US), FireEye (US), IBM (US), Palo Alto Networks (US), Check Point Software Technologies (Israel), BAE Systems (UK), Cisco (US), Verizon (US), CrowdStrike (US), Trustwave (US), Dell (US), Optiv (US), NTT Security (Germany), LogRhythm (US), Swimlane (US), Resolve Systems (US), Kudelski Security (US), Carbon Black (US), RiskIQ (US), AlienVault (US), Paladion Networks (US), Accenture (Ireland), Coalfire (US), and Kaspersky Lab (Russia), among others.
The Global Incident Response Market is segmented as follows:
Security Type Outlook (Revenue, USD Million; 2017–2027)
- Web security
- Application security
- Endpoint security
- Network security
- Cloud security
Deployment Type Outlook (Revenue, USD Million; 2017–2027)
Component Outlook (Revenue, USD Million; 2017–2027)
- Assessment and Response
- Tabletop Exercises
- Incident Response Planning and Development
- Advanced Threat Hunting
Organization Size Outlook (Revenue, USD Million; 2017–2027)
- Large Enterprises
- Small and Medium-Sized Enterprises
Industry Vertical Outlook (Revenue, USD Million; 2017-2027)
- Healthcare and Life Sciences
- Retail and E-Commerce
- Travel and Hospitality
- IT and Telecommunication
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Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Point Summary of the Report:
The global Incident Response market research report is an investigative study offering key insights into the latest growth trends, developments, technological and product advancements, and the research and development scenario. The report also covers the market aspects that directly influence the growth of the market. These features include strategies undertaken by the prominent players, their expansion tactics, and the product portfolios of the companies, and micro and macro-economic factors.
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The study also analyses the crucial market aspects, including R&D, product launches and brand promotions, mergers and acquisitions, collaborations, joint ventures, and the growth pattern on both regional and global levels. The report offers an in-depth evaluation of factors such as cost, capacity, rates of production and consumption, gross revenue, profit margin, demand and supply ratio, import/export, market share, market size, and market trends.
The Global Incident Response Market includes relevant and verified information relating to the overall market, key players, and their market position and financial standing. The report utilizes advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, investment return analysis, and feasibility analysis to offer a comprehensive view of the market position of the major players of the industry.
Key Coverage of the Incident Response Market:
- Insightful information regarding the global Incident Response market
- Identification of growth in various segments and sub-segments of the Incident Response market
- Strategic recommendations for investment opportunities
- The report covers significant statistics related to the industry along with products, applications, price analysis, demand & supply, and production and consumptions rate
- Emerging trends and current market segment analysis to help investors formulate new business strategies
- Accelerates the decision-making process through the availability of the drivers and limitations
To summarize everything stated above, the report offers key insights into the Incident Response market to allow the reader to gain a complete understanding of the Global Incident Response Market through accurate estimations, a panoramic view of the market scenario, competitive landscape, factors influencing the growth of the market, driving factors, restraints, regulatory framework, growth prospects and opportunities, and factors propelling the market forward. The research study offers an in-depth view of the industry to offer a competitive edge to the reader and help them in formulating beneficial investment plans. The report provides a comprehensive overview of the market with facts relating to the past, present, and future of the Global Incident Response Market.
Global Incident Response Market: Table of Contents
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2026
Chapter 3. Indicative Metrics
Chapter 4. Incident Response Market Segmentation & Impact Analysis
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