The Global Incident Response Market is estimated to reach USD 47.7 Billion by 2027 at a CAGR of 16.1%, predicts forencis research (FSR).
Incident response is a methodology any organization uses to manage data after a cyberattack. It is also called an IT incident, a computer incident, or a security incident. The purpose of incident response is to handle the impact of cyberattack by improving the time and cost, and by reducing the losses. It is used to help IT staff detect, respond, and to recover from the network damage. It does not only help the organization to control and manage the attack but also it gives a clear set of protocol to take place even before and during the safety incident.
The increasing financial loss in the organizations may increase the demand for the incident response market for the detection and identification of the attack. Incident response helps the organizations to reduce and control the situations related to cybersecurity. This also allows companies to mitigate the damage and reduce the delay costs, which are coming from disruptions. Furthermore, to improve the attack detection method within the organization to avoid financial loss and also to reduce the impact on company infrastructure.
Hence, increasing financial loss is expected to surge the incident response market during the forecast period.
The increasing number of cyber-attack results in many unknown and frenzy of activity. Incident response plan permits to identify, minimize the damage and as well as reduce the cyber-attacks. In addition, it helps the organization to perform a complete, fast and effective response. It can also be used to identify the real-time threat indicators and reduce disaster recovery time.
This trend is expected to continue in the forecast period, which is anticipated to drive the incident response market during the forecast period.
Rules and regulations regarding data privacy across the globe keeps on changing with time. The regular change in regulatory compliance makes it difficult for the incident response to handle the data and to maintain constant growth. Hence, the regular changes in regulatory compliance may restrain the growth of the incident response market.
The report on the incident response market covers a deep dive analysis of historic, recent and current market trends. furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Historical/Estimated/Forecasted Market Size Years
Base Year for Market Calculation
2020-2027 (2020 estimated year, forecasted up to 2027)
Value (USD Million)
Deployment Mode, Security Type, Component, Services, End-User, and Region
Asia-Pacific, North America, Europe, Middle East & Africa, and South America
For the scope of report, In-depth segmentation is offered by Forencis Research
Incident Response Market, By Deployment Mode
Incident Response Market, By Security Type
Incident Response Market, By Component
Incident Response Market, By Component
Incident Response Market, By End-User
Incident Response Market, By Region
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.4 Regional Coverage
1.5 Research Timeline
2 RESEARCH DESIGN & SCOPE
2.2 Primary Research
2.2.1 Key Industry Expert Insight
2.3 Secondary Research
2.3.1 Vital Data from Secondary Sources
2.4 Market Size Estimation
2.5 Data Validation & Triangulation
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.2.1. Increasing Financial Loss
4.2.2. Increasing Number of Cyber-Attack
4.3.1. Regular Changes in Regulatory Compliance
4.4.1. Increasing BYOD (Bring Your Own Device) Trend
4.5.1 Availability of Open Source Platform
5 INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
5.1.1. Power of Buyers
5.1.2. Power of Suppliers
5.1.3. Intensity of Competition
5.1.4. Challenges of Substitutes
5.1.5. Challenges of New Entrants
5.2 Macro-Economic Indicators
6 INCIDENT RESPONSE MARKET BY DEPLOYMENT MODE, Market Size in USD Million (2018-2027)
7 INCIDENT RESPONSE MARKET BY SECURITY TYPE, MARKET Size in USD Million (2018-2027)
7.2 Network Security
7.3 Internet Security
7.4 Endpoint Security
7.5 Cloud Security
7.6 Application Security
8 INCIDENT RESPONS MARKET BY COMPONENT, MARKET Size in USD Million (2018-2027)
9 INCIDENT RESPONS MARKET BY SERVICES, MARKET Size in USD Million (2018-2027)
9.2 Response Retainer Service
9.3 Threat Hunting Service
9.4 Planning & Development Service
9.5 Tabletop Exercises Service
9.6 Assessment Service
9.7 Emergency Response service
9.8 Retainer Service
10 INCIDENT RESPONSE MARKET BY END-USER, MARKET Size in USD Million (2018-2027)
10.4 IT & Telecom
10.6 Media and Entertainment
10.7 Government & Legal Services
11 INCIDENT RESPONSE MARKET BY REGION, Market Size in USD Million (2018-2027)
11.1 North America
8.2.6. The Netherlands
8.2.7. Rest of Europe
8.3.4. South Korea
8.3.6. Rest of Asia-Pacific
11.4 Middle East & Africa
8.4.1. Saudi Arabia
8.4.3. Rest of Middle East & Africa
11.5 South America
8.5.3. Rest of South America
12 COMPETITIVE LANDSCAPE
12.2 Market Ranking/Share Analysis of Key Companies
12.3 Company Benchmarking
13 COMPANY PROFILES
13.1 IBM Corporation
13.1.1 Company Overview
13.1.2 Financial Overview
13.1.3 Products/Solutions/Services Offered
13.1.4 Key Developments
13.1.5 SWOT Analysis
13.2 Cisco Systems, Inc.
13.3 Check Point Software Technologies Ltd.
13.4 FireEye, Inc.
13.6 Accenture Plc
13.8 McAfee, LLC
13.9 Optiv Security Inc.
13.10 Other Key Companies
14.1 Key Industry Expert Insights
14.2 Primary Discussion Guide
14.3 Customization Options
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain