Global Network Detection and Response (NDR) Software Market by Type (Cloud Based, On Premises), By Application (Large Enterprises, SMEs) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global network detection and response (NDR) software market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth of this market can be attributed to the increasing number of cyber-attacks and data breaches, growing demand for cloud-based NDR solutions, and rising adoption of NDR solutions by small and medium enterprises (SMEs). The global network detection and response (NDR) software market can be segmented on the basis of type into cloud-based NDR solutions and on-premises NDR solutions. The cloud-based NDR solution segment is expected to grow at a higher CAGR than the on-premises NDR solution segment during the forecast period. This can be attributed to the growing demand for cloud computing services among organizations due to its advantages such as scalability, flexibility, reduced costs, etc. On the basis of application, the global network detection and response (NDR) software market can be divided into large enterprises and SMEs. The large enterprise segment is expected to account for a larger share in terms of revenue in this market than SMEs duringthe forecast period. This growth can be attributedto th egrowing need among organizations for robust security measures against cyber threatsand data breaches .



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Product Definition:

NDR software is used to detect and respond to malicious activity on a computer network. It can identify threats, malware, and other malicious activity, and take steps to mitigate or stop the threat. NDR software is important for protecting computer networks from attack or infection.

Cloud Based:

Cloud-based NDR software is a service that enables users to track and manage network events. It provides real-time visibility into the status of every network device connected to the cloud, which includes devices such as servers, switches, routers and other IT assets. The software also offers an extensive set of features for managing networks in real time along with providing enhanced security through its data leak prevention (DLP) capabilities.

On Premises:

On Premises (OP) is a term used for data that is stored on the user's computer systems or servers and can be accessed by authorized users only. OP means personal property and it includes all the files, programs, e-mails, images, videos which are stored on computers of individuals or organizations. The main function of OP is to protect information from being misused by unauthorized people.

Application Insights:

The large enterprises segment held the largest market share in 2017. This is attributed to the fact that these companies have a robust IT infrastructure and are more prone to cyberattacks, which forces them to deploy NDR software. Moreover, large enterprises usually have dedicated Security Operation Centers (SOC) that actively monitor network traffic and detect malicious or suspicious activity across all network devices for detecting and responding to security breaches quickly. The SOC also has a team of analysts who can manually trigger an NDR response if required.

Small & medium-sized businesses (SMBs) are estimated to register the fastest CAGR over the forecast period owing to their limited resources for cybersecurity defense coupled with their growing dependence on digital services such as e-commerce, banking and healthcare which leaves them exposed towards cyberattacks from outside as well as inside sources.

Regional Analysis:

North America dominated the global market in 2017. The growth can be attributed to the presence of major network security technologies providers such as Cisco Systems, Inc., Riverbed Technology Corporation and others. These companies are continuously working on developing advanced solutions for next-generation network security that would provide high performance, scalability and low latency across large enterprises as well as small & medium businesses (SMEs). Moreover, North America is a key region for software defined networking (SDN) which has increased adoption of NDR software in this region.

Asia Pacific is expected to emerge with the fastest CAGR over the forecast period owing to increasing number of cyberattacks targeting critical infrastructure sectors such as energy, transportation and banking sector among others. Growing penetration of mobile devices coupled with rising demand for consumer electronics products has also contributed significantly towards regional growth over past few years.

Growth Factors:

Increasing demand for NDR software from small and medium-sized businesses (SMBs) due to the increasing number of cyber threats targeting these organizations.
The growing popularity of cloud-based NDR solutions, which offer several benefits over traditional on-premises solutions, such as lower costs, scalability, and ease of deployment and management.
The increasing use of mobile devices and the BYOD trend in enterprises, which has led to a surge in the number of sensitive data breaches caused by malware infections on employee devices.
The rising adoption of IoT devices across industries, which is exposing organizations to new types of cyber threats that can be difficult to detect using traditional security toolsets.
The increasing focus on cybersecurity by government agencies and critical infrastructure operators worldwide, as well as the growing awareness among businesses about the importance of protecting their digital assets against cyber attacks


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Scope Of The Report
Report Attributes
Report Details
Report Title
Network Detection and Response (NDR) Software Market Research Report
By Type
Cloud Based, On Premises
By Application
Large Enterprises, SMEs
By Companies
Rapid7, Palo Alto Networks, Blumira, Vectra AI, Darktrace, ExtraHop, Secureworks, Cisco, RSA Security, Arctic Wolf, ARIA Cybersecurity Solutions, Awake Security, BluSapphire Cyber Systems, StreamScan Cybersecurity, MistNet, BAE Systems, Fidelis Cybersecurity, Gigamon, GoSecure, Lastline, LMNTRIX, LogRhythm, MixMode, SecBI, Sensato Cybersecurity Solutions, Illusive Networks, Attivo Networks, Verizon, VMware Carbon Black
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.

Global Network Detection and Response (NDR) Software Market Report Segments:
The global Network Detection and Response (NDR) Software market is segmented on the basis of:
Types
Cloud Based, On Premises
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Large Enterprises, SMEs
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
Rapid7
Palo Alto Networks
Blumira
Vectra AI
Darktrace
ExtraHop
Secureworks
Cisco
RSA Security
Arctic Wolf
ARIA Cybersecurity Solutions
Awake Security
BluSapphire Cyber Systems
StreamScan Cybersecurity
MistNet
BAE Systems
Fidelis Cybersecurity
Gigamon
GoSecure
Lastline
LMNTRIX
LogRhythm
MixMode
SecBI
Sensato Cybersecurity Solutions
Illusive Networks
Attivo Networks
Verizon
VMware Carbon Black



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Highlights of The Network Detection and Response (NDR) Software Market Report:
The market structure and projections for the coming years.
Drivers, restraints, opportunities, and current trends of market.
Historical data and forecast.
Estimations for the forecast period 2030.
Developments and trends in the market.
By Type:
Cloud Based
On Premises
By Application:
Large Enterprises
SMEs
Market scenario by region, sub-region, and country.
Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Network Detection and Response (NDR) Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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Consumer Insights
Understanding Competition Scenario
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8 Reasons to Buy This Report
Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
Implemented Robust Methodology to Prepare the Report
Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
Provides Information About the Top-winning Strategies Implemented by Industry Players.
In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
Customization of the Report Available

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