Global Incident Response Services Market to Reach US$ 138.8 Billion by 2032, Bolstered by Emergence of Mobile Banking and Cashless Payments

March 10, 2022 | Technology & Media

The latest report by IMARC Group, titled “Incident Response Services Market Report by Component (Solution, Services), Service Type (Retainer, Assessment and Response, Tabletop Exercises, Incident Response Planning and Development, Advanced Threat Hunting, and Others), Security Type (Web Security, Application Security, Endpoint Security, Network Security, Cloud Security), Deployment Mode (Cloud-based, On-premises), Enterprise Size (Small and Medium-sized Enterprises, Large Enterprises), End Use Industry (IT and Telecom, BFSI, Government, Transportation, Healthcare, and Others), and Region 2024-2032,” finds that the global incident response services market reached a value of US$ 30.0 Billion in 2023. Incident response (IR) services are a predefined and systematic process of managing and addressing security attacks or violations, cyber incidents, and information technology (IT) incidents. They comprise various services such as analysis of logs, endpoint data, network traffic and containment, eradication, and recovery strategies. IR services also include case management, orchestration, automation, intelligence into a single platform and assist security teams in assessing, measuring, and improving capabilities. In recent years, IR services have been utilized by various organizations to monitor networks and endpoints for advanced intrusion and fraudulent activities, limit potential damage and minimize recovery costs and time.

Global Incident Response Services Market Trends: 

The market is primarily driven by the rising security breaches and phishing threats targeting various business enterprises due to rapid digital transformation. In addition, the emergence of mobile banking and cashless payments have encouraged organizations to deploy IR services to ensure confidentiality, integrity, and smooth functioning of business operations.. Besides this, the rising trend of bring-your-own-devices (BYOD) is also escalating the demand for IR services. In the banking, financial services, and insurance (BFSI) industry, the emergence of mobile banking and cashless payments is increasing the need for deploying IR services to identify and prevent cyber espionage. Furthermore, with the growing use of m-health services and the rising popularity of online shopping, e-commerce platforms are relying on IR services to safeguard sensitive data of potential customers from malicious activities. Looking forward, the market is expected to reach a value of US$ 138.8 Billion by 2032, exhibiting a CAGR of 17.98% during the forecast period (2024-2032).

Market Summary: 

  • Based on the component, the market has been segmented into solution and services.
  • On the basis of the service type, the market has been classified into retainer, assessment and response, tabletop exercises, incident response planning and development, advanced threat hunting, and others.
  • The market has been categorized based on the security type into web, application, endpoint, network, and cloud security.
  • On the basis of the deployment mode, the market has been segregated into cloud-based and on-premises.
  • Based on the enterprise size, the market has been bifurcated into small and medium-sized and large enterprises.
  • The market has been categorized based on the end use industry into IT and telecom, BFSI, government, transportation, healthcare, and others.
  • Region-wise, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
  • The competitive landscape of the market has been examined, with some of the key players being Accenture plc, BAE Systems plc, Check Point Software Technologies Limited, Cisco Systems Inc., CrowdStrike Holdings Inc., Deloitte Touche Tohmatsu Limited, FireEye Security Holdings US LLC, Fortinet Inc., International Business Machines Corporation, AO Kaspersky Lab, NEC Corporation, Optiv Security Inc., Rapid7 Inc., and Vmware Inc. (Dell Technologies Inc.).

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-753-713-2163 | Asia: +91-120-433-0800

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Global Incident Response Services Market to Reach US$ 138.8 Billion by 2032, Bolstered by Emergence of Mobile Banking and Cashless Payments
Purchase options

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-713-2163


Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More