Market Definition
Network Detection and Response (NDR) is a cybersecurity process that helps organizations detect, investigate, and respond to threats on their computer networks. It is a comprehensive approach to network security that encompasses both proactive and reactive measures. NDR combines the use of network analytics, network monitoring, and threat intelligence to identify malicious activity, analyze a threat impact, and take appropriate action.
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Market Outlook
The key trends in NDR technology market are:
One key trend in NDR technology is the use of artificial intelligence (AI) and machine learning (ML). AI and ML are being increasingly used to automate the detection and response process, allowing organizations to detect threats more quickly and accurately. AI and ML allow NDR systems to learn from past events to better detect and respond to future threats. AI and ML are also being used to improve the accuracy of threat classification, allowing organizations to better prioritize threats and respond accordingly.
Another key trend in NDR technology is the use of cloud-based solutions. Cloud-based NDR solutions allow organizations to take advantage of the scalability and flexibility of the cloud to better detect and respond to threats. Cloud-based NDR solutions can also provide organizations with the ability to detect threats across multiple cloud environments, including public, private, and hybrid clouds. Additionally, cloud-based NDR solutions can provide organizations with the ability to quickly deploy new NDR systems and quickly scale up their capabilities when needed.
A third key trend in NDR technology is the use of user and entity behavior analytics (UEBA). UEBA solutions allow organizations to detect anomalous user and entity behavior that may indicate malicious activity. UEBA solutions can also be used to detect insider threats, such as malicious insiders or employees who have been compromised by external actors. UEBA solutions can be used to detect abnormal user behavior, such as accessing sensitive data or using privileged accounts in unauthorized ways. Additionally, UEBA solutions can be used to detect anomalous entity behavior, such as changes to system configurations or unusual network traffic patterns.
Finally, a fourth key trend in NDR technology is the use of automation. Automation can be used to reduce the time and effort required for organizations to detect and respond to threats. Automation can also reduce the number of false positives generated by security systems, allowing organizations to focus their resources on the most important threats. Automation can also be used to quickly respond to threats, allowing organizations to mitigate the impact of an attack before it can cause significant harm.
The key drivers of the NDR market are as follows:
1. Rise in Cyberattacks: The increasing number of cyberattacks is one of the key drivers of the NDR market. Cyberattacks are becoming more sophisticated and targeted, and organizations are increasingly relying on NDR solutions to detect and respond to them. As the number of cyberattacks continues to increase, the demand for NDR solutions will also increase.
2. Growing Adoption of Cloud Computing: The growing adoption of cloud computing is another key driver of the NDR market. Cloud computing provides organizations with a cost-effective and scalable platform for storing and managing data. However, it also increases the risk of data breaches and cyberattacks. As a result, organizations are turning to NDR solutions to protect their cloud-based systems from malicious activity.
3. Need for Advanced Security Solutions: Organizations are increasingly turning to advanced security solutions to protect their networks from sophisticated threats. NDR solutions provide organizations with the ability to detect and respond to threats in real-time, which is critical for protecting networks from advanced threats. As a result, the demand for NDR solutions is expected to increase.
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Research Objectives
- Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region
- Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling
- Identify factors influencing market growth and challenges, opportunities, drivers and restraints
- Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates
- Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities
- Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market
- To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.
- Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives
Market Segmentation
The Network Detection and Response (NDR) Market can be segmented by component, deployment mode, organization size, industry vertical, and region. By Component, the market includes segments such as Solutions, and Services. By Deployment Mode, the market can be divided into On-premises, and Cloud. By Organization Size, the market can be divided into SMEs, Large Enterprises. By Industry Vertical, the market can be divided into BFSI, Government & Defense, Energy & Utilities, Healthcare, IT & Telecom, Retail & eCommerce, Manufacturing, and Others. By region, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
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Major Players
The Network Detection and Response (NDR) Market includes players such as Cisco (USA), Juniper Networks (USA), RSA Security (USA), Awake Security (USA), Vectra AI (USA), ExtraHop (USA), Darktrace (UK), Fortinet (USA), FireEye (USA), and Trend Micro (JPN).
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Research Scope
- Scope – Highlights, Trends, Insights. Attractiveness, Forecast
- Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others
- Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain
- Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
- Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
- Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis
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