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Learn details of the incident response services market projected to reach USD 30.29 billion by 2021

IT Market Research

This report segments the incident response services market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the subsegments across the different end users and regions.

The incident response services market size is estimated to grow from USD 13.09 billion in 2016 to USD 30.29 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 18.3% from 2016 to 2021.

Download Sample Copy of Incident Response Services Market; spread across 153 pages, profiling 12 companies and supported with 72 tables and 61 figures is now available at Report at…mple?rname=832646

The key players in the Incident Response Services Market include – IBM Corporation (New York, U.S.), Cisco Systems, Inc. (California, U.S.), Intel Corporation (California, U.S.), Symantec Corporation (California, U.S.), Dell Inc.

(Texas, U.S.), BAE Systems (London, U.K.), Check Point Software Technologies Ltd (California, U.S.), FireEye Inc.

(California, U.S.), Honeywell International Inc. (New Jersey, U.S.), Verizon Communication Inc.

(New York, U.S.), Rapid7 Inc. (Massachusetts, U.S.)

The report includes the in-depth competitive analysis of the key players in the field service  management market, with their company profiles, recent developments, and key market strategies. The research report segments the field service  management market by component (solutions and services), deployment type, organization size, industry vertical, and region.

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The incident response services market size is estimated to grow from USD 13.09 billion in 2016 to USD 30.29 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 18.3% from 2016 to 2021.The rising security breaches targeted on enterprises, increasing sophistication of cyber-attacks, and improved return on investments are the main driving forces behind increased adoption of incident response services. With the rapid advancement in technology, there has been an increase in the usage of digital solutions, connected devices, and IT systems.

This usage of technology attracts hackers to gain access to confidential customers and company data for their personal benefit. Due to the rise in the number of security breaches targeting business applications and data, organizations across the world are deploying cyber security solutions and adopting incident response services to recover the loss at a faster pace.

However, the shortage of technical expertise and lack of awareness regarding advice threats are restricting the growth of the incident response services market.

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The Information Technology-Enabled Services (ITES) vertical is expected to grow at the highest CAGR during the forecast period. The increased integration of Information and Communication Technology (ICT) into the different processes of industries, governments, families, and consumers, along with the rising sophistication levels of cyber-attacks, have led the IT and telecom sector to focus more on their cyber security activities as well as services that can respond quickly to such incidents.

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