The Incident
Response market is expected to grow from USD 15.3 billion in 2018
to USD 35.2 billion by 2026, at a CAGR of 12.7% during the forecast period.
Increasing need for secured social media surfing, increasing digitalization,
internet and mobile usage, increase in use of social media platforms, strict
government norms and compliances, increasing security breaches, such as cyber
terrorism, fraud, money laundering, identity theft, hacking, growth of
e-commerce, which the industries use to connect with their customers, leaving
these customers into risks of data theft, high usage of online surfing and
transactions resulting in large volume of data generation and adoption of
advance technologies, like, BYOD, IoT, big data and cloud computing services in
industries are some of the driving factors of the market.
High innovation costs, budgetary constraints, availability
of open source and pirated security solutions worldwide and difficulty in
selecting the right incident response vendor for particular requirements may be
some major restraining factors for the incident response market.
Players will require increased investments to tackle these
restraints and facilitate growth in the coming years. This report comprises
drivers, restraints, opportunities, and challenges pertaining to the Incident
Response market; and extensive value chain analysis, patent analysis, analysis
of the current manufacturing capability and technology status,
commercialization potential in different devices, along with market size
forecasts till 2026.
The report “Incident Response Market by Security
types (web security, application security, endpoint security, network security
and cloud security), deployment types (cloud and on-premises), Components
(solutions and services), Organization size (large and small & medium-sized
enterprises), Industry Vertical (banking, financial services & insurance,
healthcare, retail, government and defense, travel and hospitality,
manufacturing, telecom and IT and others), and Geography - Global Forecast
2026” is available now to Reports and Data customers and can also be
purchased directly at: https://www.reportsanddata.com/report-detail/incident-response-market
Further key findings from the report suggest
Ø The
Incident Response market is expected to grow from USD 15.3 billion in 2018 to
USD 35.2 billion by 2026, at a CAGR of 12.7% during the forecast period.
Ø The
major contributing factors for the growth of the market for Incident Response
can be the Increasing need for secured social media surfing, increasing
digitalization, internet and mobile usage, increase in use of social media
platforms, strict government norms and compliances, increasing security
breaches, such as cyber terrorism, fraud, money laundering, identity theft,
hacking, growth of e-commerce, which the industries use to connect with their customers,
leaving these customers into risks of data theft, high usage of online surfing
and transactions resulting in large volume of data generation and adoption of
advance technologies, like, BYOD, IoT, big data and cloud computing services in
industries.
Ø The
Incident Response market is segmented by security types into web security,
application security, endpoint security, network security and cloud security.
The network and cloud security types are expected to witness highest growth, at
a CAGR of 12.9% during the forecast period, due to excessive use of cloud,
mobiles, tablets globally, which makes the these segments more prone to
cyber-attacks and network hacking.
Ø The
Incident Response market is segmented by deployment types into cloud-based and
on-premises. The cloud deployment type is expected to witness highest growth,
at a CAGR of 13.1% during the forecast period, due to its high demand by
organizations, since it provides many benefits like affordable, scalability,
reliability, flexibility, and remote location access.
Ø The
Incident Response Market is segmented by component into solutions and services.
The services segment is expected to grow with the highest CAGR of 12.8% during
the forecast period, due to the growth of assessment and response services
needed for industries to detect and respond to the data and networks security
breaches.
Ø The
Incident Response market is segmented by organization size into large and small
& medium-sized enterprises. Large and medium-sized mostly adapt the
Incident Response solutions, since they are more prone to cyber-attacks and are
able to afford the innovation charges as well.
Ø The
Incident Response Market is segmented by industry vertical into banking,
financial services & insurance, healthcare, legal education, retail, media
& entertainment and others , government and defense, travel and
hospitality, manufacturing, telecom and IT, education and others (automotive,
and energy and utilities). IT and telecom segment is expected to witness
highest growth, at a CAGR of 13.3% during the forecast period, since the
segment is majorly based on deployment of advanced technologies like, BYOD,
IoT, cloud computing and big data, as well as devices like smartphones and
desktops or laptops.
Ø The
Incident Response Market is segmented by Geography into North, America, Europe,
Asia Pacific and Rest of the World. North America, being a developed and economically
strong region, dominates the market, with a market share of USD 4.8 Billion in
the base year, for securing their confidential data since they are more prone
to security attacks.
Ø Key
players with in Incident Response market are Rapid7 (US), McAfee (US), Symantec
(US), FireEye (US), Palo Alto Networks (US), IBM (US), Check Point Software
Technologies (Israel), Cisco (US), BAE Systems (UK), Verizon (US), CrowdStrike
(US), Optiv (US), Trustwave (US), Dell (US), NTT Security (Germany), Swimlane
(US), LogRhythm (US), Resolve Systems (US), Carbon Black (US), Kudelski
Security (US), RiskIQ (US), Accenture (Ireland), AlienVault (US), Paladion
Networks (US), Kaspersky Lab (Russia), and Coalfire (US).
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For the purpose of this report, the market has been segmented
on the basis of security types, deployment types, component, organization size,
industry vertical and regional analysis.
Security types Outlook
(Revenue, USD Million; 2018–2026)
- Web
security
- Application
security
- Endpoint
security
- Network
security
- Cloud
security
Deployment type Outlook
(Revenue, USD Million; 2018–2026)
- Cloud
- On-Premises
Component Outlook (Revenue, USD
Million; 2018–2026)
- Solution
- Services
- Retainer
- Assessment
and Response
- Tabletop
Exercises
- Incident
Response Planning and Development
- Advanced
Threat Hunting
- Others
Organization size (Revenue, USD
Million; 2018–2026)
- Large
Enterprises
- Small
and Medium-Sized Enterprises
Industry vertical Outlook
(Revenue, USD; 2018-2026)
- BFSI
- Government
- Healthcare
and Life Sciences
- Retail
and E-Commerce
- Travel
and Hospitality
- Manufacturing
- IT
and Telecommunication
- Others
Regional Outlook (Revenue, USD
Million; 2018–2026)
- North
America
- US
- Canada
& Mexico
- Europe
- Germany
- France
- UK
- Rest
Of Europe
- Asia
Pacific
- China
- Japan
- South
Korea
- Rest
Of APAC
- RoW
- Middle
East & Africa
- South
America
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