Network Detection and Response (NDR) Market Poised to Grow Exponentially with the Emergence of Zero Trust Networks

Network Detection and Response (NDR) Market


 The global network detection and response (NDR) market landscape continues to expand rapidly as organizations aim to strengthen their security postures through more proactive and preventative measures. NDR tools leverage machine learning and behavioral analytics to continuously monitor network traffic patterns and identify even the most subtle anomalies that could indicate compromised devices, unauthorized access, malware infections and other threats. By gaining holistic visibility into all internal and external communications across endpoints, servers and applications, NDR solutions help security teams detect intrusions early before data can be stolen or systems disrupted.


The global network detection and response (NDR) Market is estimated to be valued at US$ 3.27 billion in 2024 and is expected to exhibit a CAGR of 10% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Market Dynamics
The emergence of zero trust networks is expected to be a key growth driver for the NDR market. Zero trust is a critical security concept that eliminates the concept of implicit trust by verifying anything and everything trying to connect to resources on a private network. Under the zero trust model, systems must re-authenticate upon every request instead of trusted access being granted based on a user or device's location. This paradigm shift requires robust tools like NDR solutions to constantly monitor network traffic flows and identify anomalies according to policies defined for a zero trust environment. Another factor augmenting the demand for NDR involves the ongoing digitization of critical infrastructure and increased connectivity of operational technologies. The integration of IT and OT brings both opportunities as well as risks of cyberattacks that aim to disrupt physical systems and processes. NDR tools are indispensable for gaining visibility and detecting intrusions targeting industrial control systems.

Segment Analysis
The Network Detection and Response (NDR) market is dominated by the cloud-based sub-segment accounting for around 60% share. This is because cloud-based NDR solutions are more scalable and easy to deploy compared to on-premise solutions. They require less upfront costs and provides flexibility to organizations. Small and medium sized enterprises prefer cloud-based NDR due to budget constraints and limited IT resources.

PEST Analysis
Political: Data privacy laws are becoming stricter globally which is driving the demand for advanced network monitoring and threat detection tools like NDR to ensure compliance. Many countries have also implemented cybersecurity regulations which organizations need to adhere to.
Economic: The rapid digitalization of economies worldwide has increased the threat surface for cybercriminals. This is compelling organizations across industries to heavily invest in next-generation security solutions. The economic losses due to data breaches have also pushed companies to adopt proactive security measures.
Social: With the prevalence of remote and hybrid work models, the attack surface has widened significantly. Additionally, social engineering techniques are also evolving making employees vulnerable targets. NDR solutions can detect insider breaches and ensure everyone on the network is secure.
Technological: Emerging technologies like AI, ML are being integrated into NDR to sift through massive amounts of network traffic and detect even unknown threats in real-time. NDR coupled with fast evolving detection methods is becoming more effective in countering advanced persistent threats.

Key Takeaways
The Global Network Detection And Response (NDR) Market Share is expected to witness high growth over the forecast period of 2024 to 2031.

Regional analysis: The Asia Pacific region is expected to show the highest growth in adoption of NDR solutions driven by factors such as rapid digital transformation of enterprises, rising frequency of ransomware attacks, and supportive government policies for cybersecurity innovation and investments in major countries like India and China.

Key players operating in the NDR market are ABB, Xcel Energy Inc., EDF, National Grid Renewables, Acciona, Enel Spa, Innergex, The Tata Power Company Limited, General Electric, Invenergy. Abbott Laboratories, Johnson & Johnson, Pfizer, GlaxoSmithKline, Sanofi, Novartis, Roche, Merck, Eli Lilly.

For more details on the report, Read- https://www.pressreleasebulletin.com/network-detection-and-response-ndr-market-demand/

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