IMARC Group, a leading market research company, has recently releases report titled, “Incident Response Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The study provides a detailed analysis of the industry, including the global incident response services market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How big is the incident response services market?
|Market Size in 2022||US$ 24.9 Billion|
|Market Forecast in 2028||US$ 72.7 Billion|
|Growth rate (2023 to 2028)||CAGR of 20.6%|
|Base Year of the Analysis||2022|
What is incident response services?
Incident response (IR) services are on-demand response operations that help identify and handle possible cyberattacks as well as reduce the harm brought on by breaches. They help the organisation respond more quickly to various assaults like denial of service (DoS), malware outbreaks, insider threats, and network intrusions while also lessening the impact of the breach and helping the organisation recover from these attacks more quickly. At present, they find extensive applications in the information and technology (IT) and telecom, banking, financial services and insurance (BFSI), government, transportation, and healthcare industries across the globe.
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What are the growth prospects and trends in the incident response services industry?
One of the main drivers of the demand for IR services to guarantee the security of systems, networks, and applications around the world is the rapid digitization and the rising cyber-attacks in a variety of industries. In keeping with this, the market is expanding due to the expanding use of IR services in healthcare organisations to improve patient safety and protect sensitive information. In addition, popular e-commerce platforms are relying on IR services to protect their sensitive data about potential customers from malicious activities. Moreover, quickly responding to incidents helps organizations in minimizing losses, mitigating vulnerabilities, restoring services and processes, reducing the risk of future incidences, and enhancing operational effectiveness, which is strengthening the market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Component:
Breakup by Service Type:
- Assessment and Response
- Tabletop Exercises
- Incident Response Planning and Development
- Advanced Threat Hunting
Breakup by Security Type:
- Web Security
- Application Security
- Endpoint Security
- Network Security
- Cloud Security
Breakup by Deployment Mode:
Breakup by Enterprise Size:
- Small and Medium-sized Enterprises
- Large Enterprises
Breakup by End Use Industry:
- IT and Telecom
Breakup by Region:
- North America
- Latin America
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Accenture plc
- BAE Systems plc
- Check Point Software Technologies Ltd.
- Cisco Systems Inc.
- CrowdStrike Holdings Inc.
- Deloitte Touche Tohmatsu Limited
- Fortinet Inc.
- International Business Machines Corporation
- Kaspersky Lab
- NEC Corporation
- Optiv Security Inc.
- Vmware Inc. (Dell Technologies Inc.).
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