According to the latest report by IMARC Group, titled, “Incident Response Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The global incident response services market size reached US$ 24.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 72.7 Billion by 2028, exhibiting a growth rate (CAGR) of 20.6% during 2023-2028.
Incident response (IR) services are on-demand response activities that limit the damage caused by breaches and help identify and manage potential cyberattacks. They aid in reducing response time, minimizing the impact of the breach, and assisting the organization in recovering faster from different attacks, such as denial of service (DoS), malware outbreaks, insider threats, and network intrusions. 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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Incident Response Services Market Trends and Drivers:
Rapid digitization and the growing cyber-attacks in various industries represent one of the key factors catalyzing the demand for IR services to ensure the security of systems, networks, and applications across the globe. In line with this, the increasing deployment of IR services in healthcare organizations to enhance patient safety and safeguard critical information is propelling the growth of the market. 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.
Incident Response Services Market 2023-2028 Competitive Analysis and Segmentation:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
- 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.).
The report has segmented the market based on component, service type, security type, deployment mode, enterprise size and end use industry.
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
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Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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