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Network Detection and Response (NDR) Market Size to Grow USD 5370.4 Million by 2029 at a CAGR of 13.7% | Valuates Reports

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BANGALORE, India, Sept. 6, 2024 /PRNewswire/ — Network Detection and Response (NDR) Market is Segmented by Type (Cloud Network, IoT Network, Traditional Network), by Application (BFSI, Government, Healthcare, Industrial Control): Global Opportunity Analysis and Industry Forecast, 2024-2029.

The Global Network Detection and Response (NDR) Market was valued at USD 2485.7 Million in 2022 and is anticipated to reach USD 5370.4 Million by 2029, witnessing a CAGR of 13.7% during the forecast period 2023-2029.
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Major Factors Driving Network Detection and Response NDR Market
The demand for sophisticated security solutions and the growing complexity of cyber threats are fueling the market for network detection and response, or NDR. NDR solutions offer a vital line of defense against complex cyberattacks by using machine learning and behavioral analytics to identify and address abnormalities and risks in real-time. The need for NDR solutions has been further stimulated by the growth in digital transformation programs, remote work, and cloud use. The need for organizations to comply with regulations and their increasing knowledge of cybersecurity dangers are also driving the worldwide market’s progress.
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TRENDS INFLUENCING THE GROWTH OF THE NETWORK DETECTION AND RESPONSE (NDR) MARKET
The market for Network Detection and Response (NDR) is expanding due to the fact that traditional networks are facing more complex cyber threats that need more sophisticated security solutions. Older network infrastructures are more susceptible to hacks and assaults since they were not built with the complexity of contemporary cyberthreats in mind. Organizations may more efficiently identify and address any security events with the support of NDR solutions, which offer improved visibility and threat detection capabilities across these conventional networks. There will be a huge increase in need for strong NDR solutions that can protect these settings from developing cyber threats as long as enterprises continue to operate on conventional networks.
The market for network detection and response (NDR) is mostly driven by the quick uptake of cloud networks. With more and more businesses moving their activities to cloud environments, there is a rising demand for all-encompassing security solutions that can keep an eye on and safeguard these dynamic, dispersed networks. Particular security problems are brought about by cloud networks, such as the requirement to monitor enormous volumes of data and identify threats instantly across several cloud platforms. The need for NDR solutions is fueled by the necessity for NDR solutions to give cloud environments the visibility and automatic reaction capabilities that allow enterprises to promptly detect and neutralize any threats.
Because of its high sensitivity to cyber threats, the Banking, Financial Services, and Insurance (BFSI) industry is a major driver of the Network Detection and Response (NDR) market. Because BFSI firms manage so much sensitive data, they are often the target of hackers. Strong cybersecurity measures are also required by the industry’s strict regulatory requirements in order to safeguard financial data and uphold consumer confidence. In order to ensure that these businesses can successfully defend their networks against sophisticated assaults, NDR solutions are being used more and more in the BFSI sector. These systems include real-time monitoring, threat detection, and quick incident response capabilities. The BFSI’s increasing emphasis on cybersecurity is driving the NDR market’s growth.
The market for network detection and response (NDR) is expanding due in large part to the increasing frequency and sophistication of cybersecurity attacks. Hackers are using sophisticated methods like ransomware, phishing, and zero-day flaws to access corporate networks, making cyberattacks more sophisticated and focused. Conventional security tools like firewalls and antivirus software are unable to fend off new attacks as they develop. With the improved visibility that NDR systems offer into network traffic, it is possible to identify unusual behaviors that might be signs of an ongoing assault. The need for NDR solutions is rising across a number of industries due to the growing requirement for proactive threat identification and quick response.
The necessity for strict data protection measures and regulatory compliance are two important drivers pushing the use of NDR systems. Strict laws pertaining to data privacy and security, such as the GDPR, HIPAA, and PCI DSS, apply to sectors including healthcare, banking, and retail. In order to safeguard sensitive data and stop breaches, these requirements mandate that firms put strong security measures in place. Organizations may ensure compliance while protecting their networks using NDR solutions, which provide sophisticated threat detection and response capabilities required to satisfy these regulatory standards. The regulated industries are experiencing a rise in demand for NDR solutions due to the rising emphasis on data protection and privacy.
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NETWORK DETECTION AND RESPONSE (NDR) MARKET SHARE ANALYSIS
Due to its early adoption of cutting-edge cybersecurity solutions and a high incidence of cyber attacks, North America is dominating the market for Network Detection and Response (NDR), which is seeing significant regional growth.
Due to its many big businesses and strict regulations, the United States is a significant market. These factors make advanced network security solutions necessary.
Europe is not far behind, with rising cybersecurity expenditures fueled by laws such as the General Data Protection Regulation and the increased complexity of cyberattacks that target vital infrastructure. With nations like China, Japan, and India making considerable investments in cybersecurity to safeguard their developing digital ecosystems and combat the evolving threat landscape, the Asia-Pacific area is quickly becoming a key market.
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Key Companies:
Awake Security (Arista Networks)Blue HexagonBricataCiscoCorelightDarktraceExtraHopFidelis CybersecurityFlowmon (Kemp)GreyCortexHillstone NetworksIronNet CybersecurityLastline (VMware)PlixerVectra AIFireEyeBuy Chapters: https://reports.valuates.com/market-reports/QYRE-Auto-2K9512/global-network-detection-and-response-ndr/1 
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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!
–  Network Detection And Response (NDR) Software market is projected to grow from USD 2359.3 Million in 2024 to USD 4732.2 Million by 2030, at a Compound Annual Growth Rate (CAGR) of 12.3% during the forecast period.
–  Network Detection and Response (NDR) Solutions market is projected to reach USD 2548.8 Million in 2029, increasing from USD 2164 Million in 2022, with a CAGR of 2.4% during the period of 2023 to 2029.
–  Managed Network Services market size is expected to reach USD 50660 Million by 2029, growing at a CAGR of 5.7% from 2023 to 2029.
–  Network Switches market was valued at USD 29450 Million in 2022 and is anticipated to reach USD 40770 Million by 2029, witnessing a CAGR of 4.7% during the forecast period 2023-2029.
–  Network Switches market was valued at USD 29450 Million in 2022 and is anticipated to reach USD 40770 Million by 2029, witnessing a CAGR of 4.7% during the forecast period 2023-2029.
–  Network Packet Broker market is projected to reach USD 1154.8 Million by 2028 from an estimated USD 778.2 Million in 2022, at a CAGR of 6.8% during 2023 and 2028.
–  Network Security Firewall Market
–  Network Security Market
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Unified Endpoint Management Market is expected to generate a revenue of USD 145.62 Billion by 2031, Globally, at 40.5% CAGR: Verified Market Research®

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Verified Market Research® is pleased to announce the release of its latest market research report on the “Unified Endpoint Management Market – Trends, Opportunities, and Forecasts”, offering in-depth insights and strategic analysis for industry leaders.
LEWES, Del., Sept. 16, 2024 /PRNewswire/ — The Global Unified Endpoint Management Market Size is projected to grow at a CAGR of 40.5% from 2024 to 2031, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 11.93 Billion in 2024 and is expected to reach USD 145.62 Billion by the end of the forecast period.

The global UEM market is witnessing rapid growth, driven by the evolving need for streamlined device management, enhanced security, and operational efficiency across a wide range of industries. As businesses transition towards more flexible work environments and IoT-enabled infrastructures, the demand for robust UEM solutions has never been more critical.
Key Highlights of the UEM Market Report:
Market Trends & Forecasts: A detailed overview of key trends shaping the Unified Endpoint Management Market, including cloud-based UEM adoption, integration with AI-driven automation, and the rise of remote workforces.Competitive Landscape: A thorough analysis of leading UEM providers and their strategies, helping you understand market positioning, product innovations, and opportunities for collaboration.Industry-Specific Applications: Insights into how UEM solutions are transforming industries such as healthcare, BFSI, education, and manufacturing by enhancing productivity, security, and compliance.Growth Opportunities: Identification of emerging markets and growth drivers, along with actionable insights to capitalize on new opportunities.Why This Report Matters: For CIOs, IT Directors, and Industry Leaders, staying ahead in the UEM market means embracing future-proof technologies and understanding key drivers that influence purchasing decisions. Our report offers critical insights that will enable businesses to adopt scalable UEM solutions, optimize operations, and maintain a competitive edge.
Explore Actionable Data: The report provides market data, forecasts, and actionable insights to empower businesses in making informed decisions that drive success in the fast-evolving endpoint management ecosystem.
Get Ahead with Verified Market Research®: This report is essential reading for technology executives, product managers, and strategic decision-makers looking to stay at the forefront of endpoint management solutions.
For more information or to purchase the report, please contact us at: https://www.verifiedmarketresearch.com/download-sample?rid=1814
Browse in-depth TOC on “Global Unified Endpoint Management Market Size”
202 – Pages126 – Tables37 – Figures
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2021-2031
BASE YEAR
2024
FORECAST PERIOD
2024-2031
HISTORICAL PERIOD
2021-2023
UNIT
Value (USD Billion)
KEY COMPANIES PROFILED
VMware, Microsoft, Citrix Systems, IBM, Samsung Electronics, Google, BlackBerry, Sophos, MobileIron, Ivanti, ManageEngine, Hexaware Technologies, JAMF, Airwatch, Cortado, Maas360, Workspace, SimpleMDM, and Scalefusion.
SEGMENTS COVERED
Component, Deployment Mode, Organization Size, End-User Industry, and Geography.
CUSTOMIZATION SCOPE
Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope
Global Unified Endpoint Management Market Overview
Rising Adoption of Remote Work: Centralized device administration has been in high demand as a result of the transition to remote and hybrid work environments. Unified Endpoint Management (UEM) solutions are essential for enterprises because they provide seamless control over a variety of endpoints, thereby ensuring operational efficiency and security. Businesses are anticipated to prioritize secure, scalable solutions for their dispersed workforces, which is anticipated to drive UEM market growth.
Increasing Focus on Security and Compliance: For the protection of data and the preservation of governance, UEM solutions are becoming indispensable in light of the increasing prevalence of cyber threats and the strict regulatory compliance standards that are being implemented across various industries. Unified Endpoint Management provides a comprehensive suite of tools that are designed to monitor, manage, and secure devices, thereby reducing the likelihood of potential hazards. The market is expanding as a result of the increased emphasis on security, which is motivating investments in UEM technologies.
Proliferation of IoT Devices: The demand for unified control systems has increased as a result of the proliferation of IoT devices in industries such as manufacturing, healthcare, and logistics. The capacity to administer a vast array of devices from a single console is being improved by the evolution of UEM platforms to support IoT endpoints. The Unified Endpoint Management Market is expected to expand significantly as IoT integration becomes a necessity.
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High Implementation Costs: Small and medium-sized businesses (SMBs) may find the initial cost of implementing Unified Endpoint Management solutions to be prohibitive. A substantial barrier to entry can be the requirement for a robust IT infrastructure, as well as the associated recurring maintenance costs. This cost factor may impede the adoption of UEM, particularly among budget-conscious organizations, which could impact market growth.
Complex Integration with Legacy Systems: Integrating UEM platforms with current IT infrastructure and legacy systems presents significant challenges. Organizations may encounter operational interruptions and increased expenses during the transition period, rendering them reluctant to implement UEM solutions. This complexity serves as a constraint on the Unified Endpoint Management Market, particularly for organizations with deeply embedded legacy systems.
Data Privacy and Security Concerns: Although UEM improves security, apprehensions around data privacy associated with centralized device management may dissuade many enterprises from implementing these solutions. The threat of data breaches and illicit access to confidential information persists as a significant worry. Concerns regarding privacy might hinder market expansion, especially in industries such as finance and healthcare where data sensitivity is paramount.
Geographical Dominance
North America leads the Unified Endpoint Management (UEM) Market, propelled by early technology adoption, robust IT infrastructure, and significant demand for security solutions in sectors such as banking, healthcare, and IT. The region’s supremacy propels UEM innovation and market growth as principal stakeholders allocate resources to research and development. Moreover, Europe and Asia-Pacific are developing as centers of growth due to the proliferation of digital transformation projects, hence enhancing the worldwide UEM market.
Key Players
The “Global Unified Endpoint Management Market” study report will provide a valuable insight with an emphasis on the global market.  The major players in the market are VMware, Microsoft, Citrix Systems, IBM, Samsung Electronics, Google, BlackBerry, Sophos, MobileIron, Ivanti, ManageEngine, Hexaware Technologies, JAMF, Airwatch, Cortado, Maas360, Workspace, SimpleMDM, and Scalefusion.
Unified Endpoint Management Market Segment Analysis
Based on the research, Verified Market Research has segmented the global Unified Endpoint Management Market into Component, Deployment Mode, Organization Size, End-User Industry and Geography.
Unified Endpoint Management Market, by ComponentSolutionsServicesUnified Endpoint Management Market, by Deployment ModeOn-PremiseCloudUnified Endpoint Management Market, by Organization SizeSmall and Medium-sized Enterprises (SMEs)Large EnterprisesUnified Endpoint Management Market, by End-User IndustryBanking, Financial Services and Insurance (BFSI)GovernmentIT & TelecomHealthcareManufacturingRetail & ManufacturingLogistics & TransportationOthersUnified Endpoint Management Market, by GeographyNorth AmericaU.SCanadaMexicoEuropeGermanyFranceU.KRest of EuropeAsia PacificChinaJapanIndiaRest of Asia PacificROWMiddle East & AfricaLatin AmericaBrowse Related Reports:
Global Security And Vulnerability Management Market Size by Component (Software, Services, Hardware), Target (Network, Endpoint, Application), Deployment Mode (On-Premises, Cloud-Based, Hybrid), By Geography, And Forecast
Global Operational Technology (OT) Security Market Size By Solution (Endpoint Security, Security Information & Event Management (SIEM), Identity & Access Management (IAM), Incident Response), Service (Consulting Services, Managed Security Services, Integration Services, Training and Education, Support & Maintenance), Deployment Mode (On-Premises, Cloud, Hybrid), By Geography, And Forecast
Global Security Assessment Market Size By Security Type (Endpoint, Network, Application, Cloud), By Assessment Type (Vulnerability, Risk, Threat, Penetration Testing, Security Program), By Deployment (On-Premises, Hosted), By End-use Industry (Banking, Financial Services, & Insurance (BFSI), IT & Telecom, Government & Defense, Energy & Utilities, Manufacturing, Healthcare, Retail), By Geography, And Forecast
Global Security Analytics And SIEM Platforms Market Size By Components (Components, Consulting, Support, Solutions), By Deployment (Cloud and On-Premises), By Application Type (Web Security Analytics, Network Security Analytics, Endpoint Security Analytics), By Vertical (Government and Defence, Banking, Financial Components), By Geography, And Forecast
Top 7 Endpoint Security Companies fighting against cybersecurity threats with moxie
Visualize Unified Endpoint Management Market using Verified Market Intelligence -:
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With a team of 500+ Analysts and subject matter experts, VMR leverages internationally recognized research methodologies for data collection and analyses, covering over 15,000 high impact and niche markets. This robust team ensures data integrity and offers insights that are both informative and actionable, tailored to the strategic needs of businesses across various industries.
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Post-Quantum Cryptography (PQC) Market worth $1,887.9 million by 2029 – Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., Sept. 16, 2024 /PRNewswire/ — The Post-Quantum Cryptography (PQC) Market size is estimated to grow from USD 302.5 million in 2024 to USD 1,887.9 million by 2029 at a Compound Annual Growth Rate (CAGR) of 44.2% during the forecast period, according to new research report by MarketsandMarkets™. The critical driver of post-quantum cryptography is the threat that quantum computers would pose against existing cryptographic solutions, like RSA (Rivest-Shamir-Adleman) and ECC (Elliptic curve cryptography), which hold highly sensitive data across sectors.

Browse in-depth TOC on “Post-Quantum Cryptography (PQC) Market”
144 – Tables47 – Figures249 – Pages
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Scope of the Report
Report Metrics
Details
Market size available for years
2023–2029
Base year considered
2023
Forecast period
2024–2029
Forecast units
Value (USD Million/USD Billion) 
Segments Covered
By Solution, Service, Organization Size, Vertical, Region.
Geographies covered
North America, Europe, Asia Pacific, Rest of the World
Companies covered
Major vendors in the PQC market include NXP Semiconductor (Netherlands), Thales (France), AWS (US), IDEMIA (France), Palo Alto Networks (US), DigiCert (US), Kloch (US), Post-Quantum (UK), PQ Shield (US), Entrust (US), IBM (US), Utimaco (Germany), Crypto Quantique (US), Crypto4A (Canada), CryptoNext (France), QNU Labs (India), Qrypt (US), Enquantum (Israel), Xiphera (Finland), Sixscape (Singapore), Keyfactor (US), ResQuant (Poland), Rambus (US), Archon (British Virgin Island), and Riscure (Netherlands)
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Organizations find it urgent to embrace the early adoption of PQC solutions to protect their data against quantum attacks. The governments of many other countries have also started issuing regulatory mandates, putting billions of dollars into national security and different uses of PQC.
The uptake by industry was first identified in the financial services, healthcare, and technology verticals as quantum threats become more known to the public and demand for PQC increases, supported by education provided by technology providers and cybersecurity experts. As quantum computing develops, the urgency for PQC deployment will only increase, becoming a vital constituent of future cybersecurity strategies.
Based on the Organization Size, the Large Enterprises segment accounts for the highest market size during the forecast period.
During the forecast period, the PQC market will be dominated by large enterprises that can afford advanced security technologies and the protection of enormous amounts of sensitive data. Government agencies and large corporations drive this adoption to protect critical infrastructure from quantum computing threats by deploying sophisticated cryptographic solutions with their resources and competencies. The BFSI sector, considering the huge volumes of sensitive financial data being handled, is expected to be one of the biggest adopters of PQC.
By Vertical, IT & ITeS segment will grow at the highest CAGR during the forecasted period.
The IT & ITeS sector is expected to be the fastest-growing application in the PQC market since secure data transmission and the protection of sensitive information have huge requirements. Quantum computing poses a high threat to existing encryption methods, and hence, IT companies have rapidly started adopting PQC to secure their communication channels and cloud computing environments.
Additionally, cyber threats are soaring, and protection from such threats is one of the investments that keep going with the investment in quantum resistance encryption for intellectual assets. In addition, the provision of PQC to meet the high-level security standards set by the government keeps on emerging in sectors where IT companies are taking up projects that relate to the government in one way or another.
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By region, Europe will grow at the highest CAGR during the forecast period.
The post-quantum cryptography market is expected to be led by Europe, growing at the highest rate, owing to strong government support, increasing concerns about cybersecurity, and a robust R&D ecosystem. The European government now sees cybersecurity as a priority and is channeling funds into PQC solutions.
Besides above, the advanced level of research institutions in this region, coupled with the early rate of adoption of technology, keeps feeding innovation in quantum-resistant cryptography. Key industries, such as critical infrastructure are rushing to implement PQC to protect sensitive data as cyber threats increase. The regulatory standardization process being worked out accelerates the adoption of PQC across Europe and places the region on a high growth track in the forecast period.
Top Key Companies in Post-Quantum Cryptography Market:
NXP Semiconductor (Netherlands), Thales (France), AWS (US), IDEMIA (France), Palo Alto Networks (US), DigiCert (US), Kloch (US), Post-Quantum (UK), PQ Shield (US), Entrust (US), IBM (US), Utimaco (Germany), Crypto Quantique (US), Crypto4A (Canada), CryptoNext (France), Qnu Labs (India), Qrypt (US), Enquantum (Israel), Xiphera (Finland), Sixscape (Singapore), Keyfactor (US), ResQuant (Poland), Rambus (US), Archon (British Virgin Island), Riscure (Netherlands).
Browse Adjacent Markets: Information Security Market Research Reports & Consulting
Related Reports:
Security Testing Market – Global Forecast to 2029
Blockchain Security Market – Global Forecast to 2029
IoT Security Market – Global Forecast to 2029
Penetration Testing as a Service Market – Global Forecast to 2029
Zero Trust Security Market – Global Forecast to 2029
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The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
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AXONI SELLS POST-TRADE TECHNOLOGY BUSINESS TO LSEG

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NEW YORK, Sept. 16, 2024 /PRNewswire/ — Axoni, a leading provider of trade workflow applications and real-time data replication technology announced today the sale of its Veris post-trade processing business and related intellectual property to the London Stock Exchange Group (LSEG), a global provider of financial markets data and infrastructure. The transaction remains subject to closing conditions and is expected to complete in Q4 2024.

Axoni built and operates the Veris network, a post-trade reconciliation and lifecycle management platform for equity swaps. Axoni launched Veris in 2020 and has since onboarded leading banks and asset managers.
Veris streamlines the post-trade data reconciliation process and prevents cash flow breaks by enabling counterparties to share and compare data associated with equity swap deals, positions, trades, and related cash flows throughout the post-trade lifecycle. Following the transaction, LSEG will own and operate the Veris network after a transition period. Additional software to support post-trade processing in other derivative asset classes will also be transferred as part of the transaction.
Veris customers will continue to benefit from leveraging HYDRA, Axoni’s data platform that offers the easiest and most secure way to replicate data in real-time between institutions. 
Greg Schvey, CEO, Axoni, said, “This acquisition represents a significant step forward in our efforts to modernize OTC derivative post-trade infrastructure. In recent years, we’ve partnered closely with LSEG to develop our trade processing applications and are confident they are the right party to help realize its growth potential.”
About AxoniAxoni is a technology company specializing in coordination of data between institutions. Axoni’s HYDRA platform enables rapid deployment of critical financial networks and automated, real-time data replication across market participants. Founded in 2017, the company serves banks, asset managers, hedge funds, and financial market infrastructure firms across the globe from offices in New York and London. For more, visit www.axoni.com.
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