Security News > 2021 > April > Remote work increasing the growth rate of the EDR market

The Transparency Market Research team predicts the global endpoint detection and response market to expand at a CAGR of ~21 percent during the forecast period of 2020-2030.

The coming years are a boon for the endpoint detection and response market as the shift to digital technologies and mechanisms is increasing rapidly across the globe.

With the growing adoption of digitalization, the tools to tackle digital threats also gain momentum, thus increasing the growth rate of the endpoint detection and response market.

Remote work to increase the revenues of the players in the EDR market.

These factors help in accelerating the growth of the endpoint detection and response market.

The COVID-19 pandemic has led to the adoption of remote work mechanisms by numerous companies on a large scale, which is beneficial to contain the virus spread but, in turn, increases the risk of cyberattacks, thus resulting in the speedy application of endpoint detection and response solutions by various firms and organizations.

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