Incident Response Services Market 2023 | Industry Share and Forecast 2028 

IMARC Group, a leading market research company, has recently releases report titled, “Incident Response Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The study provides a detailed analysis of the industry, including the global incident response services market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the incident response services market?

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.

What is incident response services?

Incident response (IR) services are on-demand response operations that help identify and handle possible cyberattacks as well as reduce the harm brought on by breaches. They help the organisation respond more quickly to various assaults like denial of service (DoS), malware outbreaks, insider threats, and network intrusions while also lessening the impact of the breach and helping the organisation recover from these attacks more quickly. 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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What are the growth prospects and trends in the incident response services industry?

One of the main drivers of the demand for IR services to guarantee the security of systems, networks, and applications around the world is the rapid digitization and the rising cyber-attacks in a variety of industries. In keeping with this, the market is expanding due to the expanding use of IR services in healthcare organisations to improve patient safety and protect sensitive information. 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.

What is included in market segmentation?

The report has segmented the market into the following categories:

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

Who are the key players operating in the industry?

The report covers the major market players including:

• 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.).

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