PUNE, India, September 30, 2016 /PRNewswire/ --
2016 global incident response system market research says there
is scope for M&A as the market is fragmented with the presence
of numerous small vendors that mostly operate in niche markets. As
the threat management market is technology-driven, large vendors
use the technology at their disposal to enter the market. Several
large vendors such as Cisco Systems and Fortinet have shown this
trend, which will continue in the future. Vendors that do not have
a strong presence in the market will increase their acquisition
spree as the competition to provide integrated solutions becomes
intense.
Complete report on incident response system market spread across
76 pages, analyzing 3 major companies and providing 46 data
exhibits now available at
http://www.sandlerresearch.org/global-incident-response-system-market-2016-2020.html.
The analysts forecast global incident response system market to
grow at a CAGR of 12.99% during the period 2016-2020. According to
the incident response system market report, one of the key drivers
for market growth will be rise in high-profile data breaches. With
the changing IT environment, attackers have found new ways to
access valuable information and disrupt businesses. Increased
dependency on web applications leads to an unprecedented rise in
cyber-attacks, including advanced persistent threats. The high
dependency on web applications for online purchases and related
activities has led to an increase in identity theft. In addition,
with the emergence of social networking sites, it has become easy
for attackers to extract users' information.
The surveillance systems segment is one of the fastest-growing
segments of incident response system market and is likely to reach
over USD 22 billion by 2020. The
increase in criminal activities in government organizations and
enterprises is a major factor driving the adoption of surveillance
systems. Moreover, with the advances in technology, security
threats have become more advanced and sophisticated. This has led
many organizations to invest in video monitoring solutions to
monitor and track people that enter the premises. With the
increasing adoption of surveillance systems in the retail sector,
water treatment plants, manufacturing industries, oil and gas
industries, and nuclear plants will contribute to incident response
system market growth over the next four years.
The Americas dominated the incident response system market and
is expected to reach more than USD 32
billion by 2020. The growth of this market in the region is
attributed to the growing number of retail stores that are adopting
surveillance systems to prevent thefts and the augmented use of GIS
for trend analysis of diseases. Moreover, the market revenue is
expected to increase because of demand for incident response
systems due to major sports events such as 2016 Rio Olympics in
Brazil and terrorist activities in
emerging countries in the region.
The following companies are the key players in the global
incident response system market: Amazon, Cisco Systems, Honeywell
International, IBM, Lockheed Martin, and Rockwell Collins. Other
prominent vendors in the market are: Acronis, Asigra, Fujitsu,
Nasuni, NetApp, DFLabs, Hexadite, FireEye, HP, Veritas
Technologies, and Commvault. Order a copy of Global Incident
Response System Market 2016-2020 report @
http://www.sandlerresearch.org/purchase?rname=59574.
Global Incident Response System Market 2016-2020, has been
prepared based on an in-depth market analysis with inputs from
industry experts. To calculate the market size, the report
considers the revenue generated from the sales geospatial
technologies, backup and disaster recovery solutions, threat
management solutions, and surveillance systems.
Another related report is Global Personal Emergency Response
System Market 2016-2020, the increase in the older population
and associated chronic diseases is expected to drive the global
PERS market during the forecast period. The older population
requires care in their homes, irrespective of the care they receive
in hospitals. However, staying at home carries potential risks of
accidents like falls, sudden trauma, and strokes. Browse complete
report at
http://www.sandlerresearch.org/global-personal-emergency-response-system-market-2016-2020.html.
Explore other new reports on Information Technology Market @
http://www.sandlerresearch.org/market-research/information-technology.
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