Incident Response Market Report: Trends, Forecast and Competitive Analysis to 2030

Incident Response Trends and Forecast

The future of the global incident response market looks promising with opportunities in the BFSI, government, healthcare and life sciences, retail and e-commerce, travel and hospitality, and IT and communication markets. The global incident response market is expected to reach an estimated $84.8 billion by 2030 with a CAGR of 19.9% from 2024 to 2030. The major drivers for this market are growing preference for cloud computing and BYOD (bring your own device), rising frequency of cyberattacks and strict organizational compliance requirements, and businesses are becoming more concerned about client data loss and data recovery.

A more than 150-page report is developed to help in your business decisions.

Incident Response by Segment

The study includes a forecast for the global incident response by organization size, deployment, security type, end use industry, and region.

Incident Response Market by Organization Size [Shipment Analysis by Value from 2018 to 2030]:

• Small and Medium-Sized Enterprises
• Large Enterprises

Incident Response Market by Deployment [Shipment Analysis by Value from 2018 to 2030]:

• Cloud
• On-Premises

Incident Response Market by Security Type [Shipment Analysis by Value from 2018 to 2030]:

• Web Security
• Application Security
• Endpoint Security
• Network Security
• Cloud Security

Incident Response Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• BFSI
• Government
• Healthcare and Life Sciences
• Retail and E-Commerce
• Travel and Hospitality
• IT and Communication
• Others

Incident Response Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Incident Response Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies incident response companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the incident response companies profiled in this report include-

• Broadcom
• Palo Alto Networks
• McAfee
• Cisco Systems
• BAE Systems
• AT&T Cybersecurity
• Check Point Software Technologies

Incident Response Market Insights

Lucintel forecasts that network security is expected to witness the highest growth over the forecast period because the solutions for incident response provide the ability to defend networks against online attacks, as well as, the vendors of incident response tools provide the current vertical with a range of services and solutions for protecting valuable networking assets.

North America is expected to witness highest growth over the forecast period due to growing demand on enterprises to address occurrences of attacks on enterprise IT infrastructures, improve employee productivity, and decrease internet misuse.

Features of the Global Incident Response Market

Market Size Estimates: Incident response market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Incident response market size by various segments, such as by organization size, deployment, security type, end use industry, and region in terms of value ($B).

Regional Analysis: Incident response market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different organization size, deployment, security type, end use industry, and regions for the incident response market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the incident response market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the incident response market size?

Answer: The global incident response market is expected to reach an estimated $84.8 billion by 2030.

Q2. What is the growth forecast for incident response market?

Answer: The global incident response market is expected to grow with a CAGR of 19.9% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the incident response market?

Answer: The major drivers for this market are growing preference for cloud computing and BYOD (bring your own device), rising frequency of cyberattacks and strict organizational compliance requirements, and businesses are becoming more concerned about client data loss and data recovery.

Q4. What are the major segments for incident response market?

Answer: The future of the global incident response market looks promising with opportunities in the BFSI, government, healthcare and life sciences, retail and e-commerce, travel and hospitality, and IT and communication markets.

Q5. Who are the key incident response market companies?

Answer: Some of the key incident response companies are as follows:

• Broadcom
• Palo Alto Networks
• McAfee
• Cisco Systems
• BAE Systems
• AT&T Cybersecurity
• Check Point Software Technologies

Q6. Which incident response market segment will be the largest in future?

Answer: Lucintel forecasts that network security is expected to witness the highest growth over the forecast period because the solutions for incident response provide the ability to defend networks against online attacks, as well as, the vendors of incident response tools provide the current vertical with a range of services and solutions for protecting valuable networking assets.

Q7. In incident response market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period due to growing demand on enterprises to address occurrences of attacks on enterprise IT infrastructures, improve employee productivity, and decrease internet misuse.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the incident response market by organization size (small and medium-sized enterprises and large enterprises), deployment (cloud and on-premises), security type (web security, application security, endpoint security, network security, and cloud security), end use industry (BFSI, government, healthcare and life sciences, retail and e-commerce, travel and hospitality, IT and communication, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?