Endpoint Detection & Response (EDR) Statistics 2024 – Everything You Need to Know

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Are you looking to add Endpoint Detection & Response (EDR) to your arsenal of tools? Maybe for your business or personal use only, whatever it is – it’s always a good idea to know more about the most important Endpoint Detection & Response (EDR) statistics of 2024.

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How much of an impact will Endpoint Detection & Response (EDR) have on your day-to-day? or the day-to-day of your business? Should you invest in Endpoint Detection & Response (EDR)? We will answer all your Endpoint Detection & Response (EDR) related questions here.

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Best Endpoint Detection & Response (EDR) Statistics

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Endpoint Detection & Response (EDR) Market Statistics

  • According to GSMA, China will account for one third of the global industrial IoT market by 2025. [0]

Endpoint Detection & Response (EDR) Adoption Statistics

  • An additional 11% of MSPs plan on investing in EDR in the next 12 months, which means EDR adoption could be set to reach nearly two thirds of MSPs in 2020. [1]
  • According to the Endpoint Detection and Response Global Market Outlook report, the adoption of cloudbased and on premises EDR solutions are going to grow 26% annually, and will be valued at $7273.26 million by 2026. [2]

Endpoint Detection & Response (EDR) Latest Statistics

  • Maybe no surprise then that only 5% of MSPs said they have a person dedicated to managing EDR. [1]
  • Maybe a little more surprising 30% of MSPs reported they had no EDR management coverage on nights or weekends. [1]
  • 27% said there is no coverage on nights or weekends. [1]
  • According to Stratistics MRC’s Endpoint Detection and Response Global Market Outlook , sales of EDR solutions—both onpremises and cloud based—are expected to reach $7.27 billion by 2026, with an annual growth rate of nearly 26%. [3]
  • The SANS Endpoint Protection and Response Survey reports that 44% of IT teams manage between 5,000 and 500,000 endpoints. [3]
  • “It’s no longer about preventing attacks at the endpoint—that can’t be done 100 percent of the time—but instead catching an attack or attack attempt ASAP. [4]
  • According to a report from the IDC , 70% of successful breaches start on endpoint devices. [4]
  • According to the Infosecurity Group, there were at least 360,000 new malicious filesdetected every day in 2017, which means companies must aggressively fight against these threats and have a more streamlined detection and review process. [4]
  • Asia Pacific Largest Market North America CAGR 25.15 % Market Overview. [0]
  • The Global Endpoint Detection and Response Market was valued at USD 1.76 billion in 2020, and it is expected to reach USD 6.72 billion by 2026, registering a CAGR of 25.15% during the period of 2021. [0]
  • According to the survey results by Microsoft released in August 2020, 36% of the total 800 respondents claimed that the budget for cybersecurity increased during the pandemic. [0]
  • Additionally, 42% of the respondents claimed the business changed the staffing, hiring additional security professionals. [0]
  • For instance, according to an ETNO report, in the EU region alone, the number of IoT connected devices in healthcare in 2019 amounted to 2.79 million. [0]
  • According to the China Investment Corporation estimates, the IIoT in China is expected to reach CNY 150 billion by 2020. [0]
  • The Endpoint Detection and Response Market is growing at a CAGR of 25.15% over the next 5 years. [0]
  • Percentage of businesses using cyber security measures Japan 2020. [5]
  • It is difficult, if not impossible, for an EPP to block 100 percent of threats. [6]
  • FortiEDR utilizes less than 1% CPU, up to 120 MB of RAM, 20 MB of disk space, and generates minimal network traffic. [7]
  • you eliminate information overload and distill security alerts into incidents, reducing alert fatigue by 90% or more. [8]

I know you want to use Endpoint Detection & Response (EDR) Software, thus we made this list of best Endpoint Detection & Response (EDR) Software. We also wrote about how to learn Endpoint Detection & Response (EDR) Software and how to install Endpoint Detection & Response (EDR) Software. Recently we wrote how to uninstall Endpoint Detection & Response (EDR) Software for newbie users. Don’t forgot to check latest Endpoint Detection & Response (EDR) statistics of 2024.

Reference

  1. mordorintelligence – https://www.mordorintelligence.com/industry-reports/endpoint-detection-and-response-market.
  2. ninjaone – https://www.ninjaone.com/blog/endpoint-detection-and-response-statistics-2019/.
  3. wikipedia – https://en.wikipedia.org/wiki/Endpoint_detection_and_response.
  4. mcafee – https://www.mcafee.com/enterprise/en-us/security-awareness/endpoint/what-is-endpoint-detection-and-response.html.
  5. teamascend – https://blog.teamascend.com/the-complete-guide-to-edr.
  6. statista – https://www.statista.com/statistics/1179786/japan-edr-products-market-size/.
  7. cisco – https://www.cisco.com/c/en/us/products/security/endpoint-security/what-is-endpoint-detection-response-edr-medr.html.
  8. fortinet – https://www.fortinet.com/products/endpoint-security/fortiedr.
  9. crowdstrike – https://www.crowdstrike.com/products/endpoint-security/falcon-insight-edr/.

How Useful is Endpoint Detection Response

EDR is designed to detect and respond to malicious activities on endpoints such as desktops, laptops, servers, and mobile devices. By monitoring endpoint activity in real-time, EDR solutions can identify suspicious behavior, block malicious activities, and provide valuable insights to security teams for incident response and threat hunting.

One of the key benefits of EDR is its ability to provide visibility into endpoints across the network. With the number of devices connecting to corporate networks increasing every day, having a centralized view of endpoint activity is crucial for spotting potential threats and preventing data breaches. EDR solutions can detect unusual traffic patterns, unauthorized access, and malicious software much faster than traditional antivirus software, enabling organizations to respond proactively to potential cyber threats.

Moreover, EDR solutions offer advanced threat detection capabilities that go beyond signature-based detection methods. By using machine learning algorithms, behavioral analytics, and threat intelligence, EDR can identify zero-day attacks, fileless malware, and other sophisticated threats that traditional security tools might miss. This proactive approach to threat detection helps organizations stay one step ahead of cybercriminals and minimize the impact of security incidents.

Additionally, EDR plays a critical role in incident response by providing detailed forensic data on security events. In the event of a security incident, EDR solutions can quickly isolate infected endpoints, contain the malware, and gather valuable evidence for investigation. This level of visibility and control is essential for mitigating the impact of cyber-attacks and preventing them from spreading throughout the network.

However, EDR also has its limitations. Like any security solution, EDR requires proper configuration, monitoring, and maintenance to be effective. Organizations must ensure that their EDR solution is properly tuned to detect the latest threats and that their security team is trained to interpret and act on the alerts generated by the system.

Moreover, EDR is not a silver bullet for cybersecurity. While it can provide valuable insights and actionable intelligence, it should be just one component of a comprehensive security strategy that includes network security, email security, data encryption, and employee training. Organizations should adopt a defense-in-depth approach to security, combining various technologies and best practices to create multiple layers of defense against cyber threats.

In conclusion, endpoint detection and response is a valuable tool for organizations looking to enhance their cybersecurity defenses. By providing real-time visibility, advanced threat detection, and incident response capabilities, EDR can help organizations stay ahead of cyber threats and protect their sensitive data. However, to fully leverage the benefits of EDR, organizations must invest in the right tools, processes, and training to ensure that their endpoint security strategy is robust and up-to-date.

In Conclusion

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