Endpoint Detection and Response (EDR) is rapidly evolving to meet the growing challenges of cybersecurity. The global EDR market was valued at $2.87 billion in 2022 and is projected to reach $16.89 billion by 2030, growing at a compound annual growth rate (CAGR) of 24.9%. grandviewresearch.com This surge is driven by the increasing frequency and sophistication of cyber-attacks, prompting organizations to invest in robust endpoint security solutions. Technological advancements, such as the integration of advanced behavioral analysis and machine learning, are enhancing the effectiveness of EDR systems in detecting and mitigating threats. businesswire.com
The adoption of EDR solutions is expanding beyond large enterprises to include small and medium-sized businesses (SMBs). Recognizing the vulnerability of SMBs to cyber threats, vendors are developing cost-effective EDR solutions tailored to their needs. Additionally, the shift towards remote and hybrid work environments has increased the reliance on mobile devices, leading to the inclusion of smartphones and tablets in EDR coverage. This comprehensive approach ensures that all endpoints, regardless of type, are protected against potential threats. datamation.com