Endpoint Detection and Response Market: Current and Subsequent Growth Opportunities
Malware and virus attacks have increased substantially over the years. With the evolution of modern technologies, the threats associated with them have also increased. But on the brighter side, technology has advanced further to tackle an extensive range of threats such as virus attacks and cyber-attacks. Among all the tools used in combating the rising threat of cyber attacks, endpoint detection and response solutions are the most beneficial tools.
Endpoint detection and response solutions are created for detecting and responding to various types of cyberattacks and malware. These tools are developed for recognizing suspicious patterns in the functioning of a server or software. These solutions are based on algorithms and machine learning to detect malware types that will eventually make behavior-based decisions. Thus, the functionality of these tools makes them a favorite among many companies and organizations.
The Transparency Market Research (TMR) team predicts the global endpoint detection and response market to expand at a CAGR of ~21 percent during the forecast period of 2020-2030. The global endpoint detection and response market is prognosticated to surpass a valuation of US$ 13.8 bn by 2030.
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