According to the latest report by IMARC Group, titled, “Incident Response Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", the global incident response services market reached a value of US$ 21.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 66.9 Billion by 2027, exhibiting at a CAGR of 22.10% during 2022-2027.

Incident response (IR) services can detect and resolve problems that threaten individuals, processes, technologies and facilities. They assist in the resolution of an incident through an appropriate reaction for the containment of the problem. Nowadays, these solutions are extensively used in computer security and information technology (IT) as IR services help in tackling cybersecurity threats effectively.

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Market Trends

The global market is majorly driven by the rising incidences of cyber-attacks. Rapid digital transformations across multiple sectors have led to a considerable rise in data breaches and sophisticated levels of cyber security threats. This has resulted in the widespread adoption of IR services to prevent mishaps and safeguard crucial information. Furthermore, numerous financial institutions across the banking, financial services and insurance (BFSI) sector are abiding by stringent compliance requirements as they are more susceptible to data thefts. This, in turn, is positively influencing the market growth across the globe. In addition to this, multiple healthcare organizations are widely deploying IR services to enhance patient safety and protect confidential information, which is propelling the market growth further.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Competitive Landscape:

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
FireEye
Fortinet Inc.
International Business Machines Corporation
Kaspersky Lab
NEC Corporation
Optiv Security Inc.
Rapid7
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:
Solution
Services

Breakup by Service Type:
Retainer
Assessment and Response
Tabletop Exercises
Incident Response Planning and Development
Advanced Threat Hunting
Others

Breakup by Security Type:
Web Security
Application Security
Endpoint Security
Network Security
Cloud Security

Breakup by Deployment Mode:
Cloud-based
On-premises

Breakup by Enterprise Size:
Small and Medium-sized Enterprises
Large Enterprises

Breakup by End Use Industry:
IT and Telecom
BFSI
Government
Transportation
Healthcare
Others

Breakup by Region:
North America
Asia-Pacific
Europe
Latin America
Middle East and Africa

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About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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