The incident response market has seen considerable growth due to a variety of factors.
• The market size of incident response has seen a sharp increase in recent times, escalating from $39.68 billion in 2024 to a projected $46.81 billion in 2025, with an impressive compound annual growth rate (CAGR) of 18.0%.
This significant growth in the past can be credited to factors like heightened cybersecurity threats, stringent regulatory compliance norms, a rise in the number and complexity of attacks, the need to safeguard brand reputation and customer faith, and the recognition of the certainty of breaches.
The incident response market is expected to maintain its strong growth trajectory in upcoming years.
• Over the coming years, we are anticipating a significant surge in the market size for incident response, escalating to $109.88 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 23.8%.
Factors contributing to this expansion during the forecast period consist of the evolution of attack vectors, seamless integration with threat intelligence, enhanced collaboration and information sharing, along with automation and orchestration capabilities, with a particular emphasis on insider threats. The predictions for this period also suggest a rising trend in integrating with endpoint detection and response (EDR), the ability to respond to incidents remotely, a focus on threat hunting, as well as the emergence of Incident Response as a Service (IRaaS).
The rise in cyber-attacks is significantly fuelling the expansion of the incident response market. Cyber-attacks often aim at data theft, computer system disablement or system breaches to facilitate further attacks. These attacks, carried out by cybercriminals, typically target single or multiple computer networks. The role of incident response in identifying and handling cybersecurity attacks is indispensable, meaning that the escalating cyber-attacks are enhancing the expansion of the incident response market. Illustratively, the new data from Checkpoint, an IT security software and hardware product provider from Israel, indicated a 38% global increase in cyberattacks in 2022, as compared to 2021. It was released in January 2023. As a result, the anticipated rise in cyber-attacks is projected to drive the growth of the incident response market onwards.
The incident response market covered in this report is segmented –
1) By Component: Solution, Services
2) By Deployment Mode: Cloud, On-Premise
3) By Organization Size: Small And Medium-Sized Enterprise, Large Enterprises
4) By Security Type: Web Security, Application Security, Endpoint Security, Network Security, Cloud Security
5) By Vertical: Government, Healthcare And Life Sciences, Retail And Ecommerce, Travel And Hospitality, Manufacturing, Telecom And IT, Other Verticals
Subsegments:
1) By Solution: Incident Response Platforms, Threat Intelligence Tools, Forensic Tools, Security Information And Event Management (SIEM) Solutions
2) By Services: Managed Incident Response Services, Consulting Services, Training And Awareness Programs, Incident Response Planning And Testing Services
Leading businesses in the incident response market are honing their focus on providing certain incident response services such as retainers, in order to tackle the rapid decrease in cyber adversaries' dwell times and to secure a competitive advantage. A retainer refers to a predetermined fee set for services, guaranteeing access to specified resources or skills over a given time frame. For example, in August 2023, cyber security service provider, Sophos, based in the UK, initiated the Sophos Incident Response Retainer, easing access to its flat-rate incident response service complete with 45 days of 24/7 Managed Detection and Response (MDR). This retainer was designed to speed up response times, enabling Sophos incident responders to address active cyber threats effectively. The retainer also offered external vulnerability scanning as well as essential preparatory guidelines to bolster security resilience ahead of time. With the decline of attacker dwell times, the median dwell time has seen a decrease from 10 days to eight days.
Major companies operating in the incident response market include:
• Verizon Communications Inc.
• The International Business Machines Corporation
• Cisco Systems Inc.
• BAE Systems plc
• Palo Alto Networks Inc.
• CrowdStrike Holdings Inc.
• Check Point Software Technologies
• McAfee Corp.
• Digital Guardian
• Kudelski Security
• FireEye Inc.
• RSA Security LLC
• Optiv Security Inc.
• Rapid7
• SecureWorks Inc.
• Tanium Inc.
• Trustwave Holdings
• LogRhythm Inc.
• Cybereason Inc.
• RiskIQ
• Anomali Inc.
• Cofense Inc.
• Swimlane LLC
• D3 Security Management Systems Inc.
• Resolve Systems LLC
• NTT Security Holdings
• Blackberry Limited
• Cynet
• Siemplify Ltd.
North America was the largest region in the incident response market in 2024. The regions covered in the incident response market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.