Artificial Intelligence
Global Network Detection and Response Market to 2026 – Featuring Darktrace, Cisco Systems and Arista Networks Among Others
Dublin, June 17, 2022 (GLOBE NEWSWIRE) — The “Global Network Detection and Response (NDR) Market: Analysis By Deployment, By Component, By Application, By Region Size and Trends with Impact of COVID-19 and Forecast up to 2026” report has been added to ResearchAndMarkets.com’s offering.
The global network detection and response (NDR) market in 2021 was valued at US$2.24 billion, and is likely to reach US$4.60 billion by 2026. In the past few years, modern communication is highly dependent on networks. Many organizations rely over network which play an important part in overall IT infrastructure. As a result, networks are a popular target for cyber-attackers attempting to disrupt enterprises and governments all around the world.
Network Detection and Response is a cyber-security solution that continuously monitors an organization’s network. It uses behavioral analytics, machine learning, and artificial intelligence to detect cyber threats. With the rising acceptance of digitalization in both government agencies and private organizations and rising numbers of internet users, there is a huge requirement for cyber-security solutions for networks globally to prevent data leakage and privacy violations. The network detection and response market is projected to grow at a CAGR of 14.04% during the forecast period of 2022-2026.
Global Network detection and response Market Dynamics:
- Growth Drivers: With the number of internet users worldwide increasing at a rapid pace, the threat of cyber-attacks is rising, Network Detection and Response enables organizations to detect such malicious behavior and respond. The increasing number of internet users is a major driver of the market. Further, the NDR market is expected to increase due to increasing digitalization, rising e-commerce sales, surge in cybercrime rate, etc. in recent years.
- Challenges: Network security availability and dependability are critical in the digital age for every organization and sector. With the rising number of cyber-attacks and incidences of data theft, achieving this level of cyber security, along with a strong infrastructure, is becoming increasingly difficult. Additionally, other factors like, advancement in cybercrimes, etc. are some challenges to the market.
- Trends: 5G promises to revolutionize connection, enabling IoT, and delivers lightning-fast speeds and reduced latency than 4G. This provides an opportunity for advanced NDR solutions in the future years. More trends in the market are believed to grow the network detection and response market during the forecasted period, which may include advancement of internet of things (IoT) devices, integration of artificial intelligence in NDR system, intensifying edge computing trend, etc.
Impact Analysis of COVID-19 and Way Forward:
The COVID-19 pandemic had a positive impact on the global NDR market. As a result of the pandemic, there was a heightened demand for remote working, increased awareness about the need for cyber-security was observed. In the coming years, the market is predicted to grow at a faster rate, owing to changes created during the pandemic. With increased adoption of remote working models as well as hybrid models, the trend would continue to boost the demand for NDR solutions in post- COVID era. Further, factors such as increased online frauds, growing internet penetration, adoption of concepts such as BYOD and CYOD would provide a boom in the industry in post COVID era.
Competitive Landscape and Recent Developments:
The global market for network detection and response is consolidated, with few major players operating worldwide. Network detection and response (previously known as network traffic analysis) companies are expanding their solutions with additional automatic and manual response functionalities. Since numerous manufacturers may use similar analytical techniques to data monitored via a SPAN port, network detection and response (NDR) remains a competitive market with a low barrier to entry.
The key players of the network detection and response market are:
- Darktrace Ltd.
- Cisco Systems, Inc.
- VMware, Inc. (Lastline, Inc.)
- Arista Networks
- Vectra AI, Inc.
- Sangfor Technologies, Inc.
- Extrahop Networks
- Trellix
- Gigamon, Inc.
- Corelight
Companies are focusing on extending their market presence through expansion strategies such as mergers and acquisitions, collaborations, and the development of innovative products. These strategies also aid businesses in entering new markets and expanding geographically. For example, in November, 2021, Bricata was acquired by Opentext. Further, XDR, which is NDR + EPDR + User Behavioral Analysis (UBA) + Distributed Deception Platforms (DDP) + Cloud Workload Protection Platforms, will be the future of NDR. This market-wide union of product categories is likely to occur during the next 3-5 years, however some vendors have already begun to acquire and merge these products.
Key Topics Covered:
1. Executive Summary
2. Introduction
2.1 Network Detection and Response: An Overview
2.1.1 Definition of Network Detection and Response
2.1.2 Benefits of Network Detection and Response (NDR)
2.2 Network Detection and Response Segmentation: An Overview
2.2.1 Network Detection and Response Segmentation
3. Global Market Analysis
3.1 Global Network Detection and Response Market: An Analysis
3.1.1 Global Network Detection and Response Market by Value
3.1.2 Global Network Detection and Response Market by Deployment (cloud-based and on-premises)
3.1.3 Global Network Detection and Response Market by Component components (solutions, and services)
3.1.4 Global Network Detection and Response Market by Application (large enterprises and small & medium enterprises)
3.1.5 Global Network Detection and Response Market by Region (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa)
3.2 Global Network Detection and Response Market: Deployment Analysis
3.2.1 Global Cloud-based Network Detection and Response Market by Value
3.2.2 Global On-Premises Network Detection and Response Market by Value
3.3 Global Network Detection and Response Market: Component Analysis
3.3.1 Global Network Detection and Response Solution Market by Value
3.3.2 Global Network Detection and Response Service Market by Value
3.4 Global Network Detection and Response Market: Application Analysis
3.4.1 Global Large Enterprise Network Detection and Response Market by Value
3.4.2 Global SMEs Network Detection and Response Market by Value
4. Regional Market Analysis
5. Impact of COVID
5.1 Impact of COVID-19 on Global Network Detection and Response Market
5.2 Post-COVID-19 Impact on Global Network Detection and Response Market
6. Market Dynamics
6.1 Growth Driver
6.1.1 Escalating Internet Users
6.1.2 Increasing Digitalization
6.1.3 Rising E-commerce Sales
6.1.4 Surge in Cyber Crime Rate
6.1.5 Upwelling in Tech Startups
6.2 Challenges
6.2.1 Complexity of Network Infrastructure
6.2.2 Advancement in Cyber Crimes
6.3 Market Trends
6.3.1 Rising Implementation of 5G Networking
6.3.2 Advancement of Internet of Things (IoT) Devices
6.3.3 Integration of Artificial Intelligence in NDR system
6.3.4 Intensifying Edge Computing Trend
7. Competitive Landscape
7.1 Global Network Detection and Response Players by Market Share
7.2 Global Network Detection and Response Market Players: Product Comparison
7.3 Global Network Detection and Response Market Players: Mergers & Acquisition
8. Company Profiles
8.1 Darktrace Ltd.
8.1.1 Business Overview
8.1.2 Operating Region
8.1.3 Business Strategy
8.2 Cisco Systems, Inc.
8.2.1 Business Overview
8.2.2 Operating Segment
8.2.3 Business Strategy
8.3 VMware, Inc. (Lastline, Inc.)
8.3.1 Business Overview
8.3.2 Operating Segment
8.3.3 Business Strategy
8.4 Arista Networks
8.4.1 Business Overview
8.4.2 Operating Region
8.4.3 Business Strategy
8.5 Vectra AI, Inc.
8.5.1 Business Overview
8.5.2 Business Strategy
8.6 Sangfor Technologies, Inc.
8.6.1 Business Overview
8.6.2 Business Strategy
8.7 Extrahop Networks
8.7.1 Business Overview
8.7.2 Business Strategy
8.8 Trellix
8.8.1 Business Overview
8.8.2 Business Strategy
8.9 Gigamon, Inc.
8.9.1 Business Overview
8.9.2 Business Strategy
8.10 Corelight
8.10.1 Business Overview
8.10.2 Business Strategy
For more information about this report visit https://www.researchandmarkets.com/r/ry9xhy
Artificial Intelligence
Darwinbox named as a Customers’ Choice in the 2024 Gartner® Peer Insights™ Voice of the Customer for Cloud HCM Suites Report for Enterprises with 1,000+ Employees
DUBAI, UAE, June 17, 2024 /PRNewswire/ — Darwinbox, a global leader in cloud-based HCM solutions, today announced that it has been distinguished as a Customers’ Choice in the 2024 Gartner® Peer Insights™ Voice of the Customer for Cloud HCM Suites for 1,000+ Employee Enterprises.
The Gartner® Peer Insights™ Customers’ Choice distinction is based on feedback and ratings from end-user professionals with experience using the product or service. As of 31 January 2024, Darwinbox received an overall rating of 4.8 out of 5 stars across 141 reviews.
“We believe this distinction, for the third consecutive year, reflects our unwavering commitment to our customers and their success, as well as our dedication to excellence and innovation in the HCM space,” says Jayant Paleti, co-founder, Darwinbox.
Darwinbox has been named a Customers’ Choice for both Large Enterprise (1B – 10B USD) and Midsize Enterprise (50M – 1B USD) segments, showcasing its robust capabilities in handling large-scale operations and its widespread appeal across various business sizes. This recognition underscores the platform’s popularity, driven by its powerful configurability, intuitive design, and agility. An impressive 98% of customers rated Darwinbox 4-stars or higher, highlighting the overwhelming satisfaction with the product.
Furthermore, Darwinbox is recognized as the most customer-friendly enterprise-grade HCM solution globally. The platform distinguishes itself through its ease of implementation and integration, prompt vendor responses, and exceptional technical support, demonstrating Darwinbox’s dedication to quick service and client satisfaction. Notably, 94% of its customers have expressed their willingness to recommend Darwinbox, demonstrating its significant impact and reliability in the enterprise tech landscape.
“What I love is when we need support, the customer service is top-notch – always responsive, solution makers, and always helpful,” HR Business Partner, Media Industry
“Darwinbox has been able to cater to our needs given our diverse business structures and differences in processes,” HR Lead, Manufacturing Sector
Read more reviews
About Darwinbox:
Darwinbox is a leading SaaS-based HR technology platform, empowering organisations to automate HR processes and elevate the employee experience. Rated the highest globally among HCM players on Gartner’s customer review platform, Peer Insights, Darwinbox is trusted by 900+ global enterprises with more than 2.5 million employees spread across 116+ countries.
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Leverage Artificial Intelligence (AI) to easily find the perfect domain name for your business
ISLAMABAD, June 17, 2024 /PRNewswire/ — As you embark on your online journey, choosing the right domain name plays a vital role in establishing your web presence. It is often one of the earliest decisions you will make as an entrepreneur or small business owner.
GoDaddy is harnessing the power of AI to help entrepreneurs and small business owners find the right domain name for their business, themselves, or their organization. GoDaddy AI Domain Search tool is designed to deliver personalized domain suggestions tailored to each user’s unique needs. Having a catchy and memorable domain name for your business helps to enhance branding and provides increased visibility for a business on the internet.
By simply entering a business description or keywords, users receive creative and unique domain name choices that can align with their brand identity and vision. GoDaddy uses generative AI to provide users with personalized and brandable domain name suggestions based on their business description, idea, product, or service.
GoDaddy AI Domain Search can simplify the process of finding the perfect domain name for a business. When a user enters information describing their business, project, or idea, including such details as business name if already chosen, location or industry, within seconds the AI tool makes suggestions by creating a list of available domain names with different variations and domain name extensions tailored to your needs.
Finding a domain name for a business idea is important as the name chosen will be reflective of your brand for many years to come. Here are some tips for finding available domain names:
Use specific keywords that describe your business, your products and services, your location, and your industry.Use keywords that people would enter when searching for your products or services.Try using variations of a word you want in your domain name to get more options.Mix up keyword combinations that can describe your business.Your aim is to create a name that is memorable, easy to pronounce, and stands out in your industry.In a world driven by AI, GoDaddy AI Domain Search tool simplifies the process of finding the perfect domain name, enabling you to effortlessly brainstorm and explore creative ideas that align with your vision. Within seconds, you can receive a selection of available domains, empowering you to bring your idea to life.
To experience the power of GoDaddy AI Domain Search visit: www.godaddy.com/en-ph/domains/domain-name-generator
About GoDaddy
GoDaddy helps millions of entrepreneurs around the world start, grow and expand their businesses. People turn to GoDaddy to name their idea, create a professional Web site, attract customers, sell their products and services, and accept online payments. GoDaddy’s easy-to-use tools help micro-entrepreneurs manage everything in one place, and its experts are available to provide 24/7 assistance. For more information about the company, visit www.GoDaddy.com.
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Artificial Intelligence
Metz, in Partnership with AI TECH, Introduces Advanced Interactive Flat Panel to Middle East Market
SHENZHEN, China, June 17, 2024 /PRNewswire/ — METZ Display, a sub-brand of SKYWORTH and a provider of innovative interactive displays for education and business. The announcement of Artificial Intelligence Technologies LLC Dubai as the authorized exclusive distributor for the UAE market as well as the Oman, Qatar, and Bahrain markets marks a significant expansion for METZ Display. By partnering with a trusted distributor like Artificial Intelligence Technologies, METZ is strategically positioning itself to deliver its full range of smart education and smart conference room applications across these regions. This move not only strengthens METZ’s presence in the Middle East but also underscores its commitment to providing innovative interactive displays tailored for both educational and business environments.
Based on the 16 years of R&D and business experience in the IFPD market from SKYWORTH, METZ Display fully inherited its technology and has introduced several interactive displays in the education and business sectors that provide a highly immersive environment and user-friendly experience since 2022, such as the all-in-one LCD.
Mr. Summer Deng METZ Sales & Marketing Head of MEA, said: ” The IFPD market in MEA is expected to see rapid growth over the next couple of years. The partnership with Artificial Intelligence Technologies LLC, a business entity to promote AI & AV Products, Tools, and services in the United Arab Emirates & Middle East Region will take METZ Display to another new level. We are confident to further develop our quality products and service!”
METZ Display is expanding its reach into the UAE market through Artificial Intelligence Technologies LLC Dubai as its authorized distributor.
The introduction of the METZ K Pro Series, particularly the EDLA Certified collaborative display, in the MEA Region highlights their commitment to providing innovative interactive display solutions for both education and business sectors. This move could potentially enhance learning and collaboration experiences in the region.
Mr. Harold Fernandes, the Managing Director of Artificial Intelligence Technologies, seems quite enthusiastic about the partnership with METZ Display. His emphasis on the versatility of METZ’s portfolio, applicable across various sectors such as education and business, reflects a keen understanding of the market’s needs. By highlighting the engaging experiences offered by METZ Display products, he’s underlining the potential benefits for resellers and end-users alike. This partnership seems poised to bring innovative solutions to the UAE market.
About METZ Display
With Skyworth, one of the world’s largest TV companies, and Metz, one of the oldest German manufacturers, METZ Display creates high-quality educational and business applications that make state-of-the-art screen technology available to everyone by combining their strengths and 80 years of experience.
About Artificial Intelligence Technologies LLC
Artificial Intelligence Technologies LLC, Is established as a business entity to promote AI & AV Products, and complete AV Solution, Tools & Services in the United Arab Emirates & Middle East Region. Visit the website at https://ai-tech.ai/
Phone: +971 4299 0544Email: [email protected]: www.ai-tech.ai
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