Incident Response System Market Size, Share and Forecasts, 2016 to 2020

Technavio Announces the Publication of its Research Report Global Incident Response System Market 2016-2020

Technavio recognizes the following companies as 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

Browse full report with TOC@ https://marketreportscenter.com/reports/403815/global-incident-response-system-market-2016-2020

Commenting on the report, an analyst from Technavios team said: 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.”

According to the 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.

Further, the report states that the initial cost of protection equipment and surveillance systems is very high. The setting up of incident protection solutions demands significant...