Regional Analysis
The network detection and response (NDR) market are segmented by component, deployment mode, organization size, industry vertical, and region. By component, the market is segmented into solutions, services, and others. The solutions segment accounts for the largest market share, owing to the growing need for advanced threat detection and response platforms equipped with capabilities like machine learning, user behavior analytics, and automation.
Network Detection and Response (NDR) Market Regional Insights:
- North America: North America is expected to be the largest market for network detection and response (NDR) during the forecast period, accounting for over 38% of the market share in 2022. The growth of the market in North America is attributed to the early adoption of advanced cybersecurity solutions, the presence of leading NDR vendors, and stringent regulations around data security and privacy.
- Europe: The Europe market is expected to be the second-largest market for network detection and response (NDR), accounting for over 28% of the market share in 2022. The growth of the market in Europe is attributed to the rising frequency of targeted ransomware attacks and the emergence of regulations like General Data Protection Regulation (GDPR).
- Asia Pacific: The Asia Pacific market is expected to be the fastest-growing market for network detection and response (NDR), with a CAGR of over 15% during the forecast period. The growth of the market in Asia Pacific is attributed to increasing digitalization and cyber threats across countries like China, India, Japan, and Australia.
Figure 1. Global Network Detection and Response (NDR) Market Share (%), by Region, 2023
Geographies covered: |
- North America: U.S. and Canada
- Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
- Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
- Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
- Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, and Central Africa and Rest of Middle East
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