The Network Detection and Response (NDR) Market is estimated to be valued at US$ 3.15 Bn in 2023 and is expected to exhibit a CAGR of 12.6% over the forecast period 2023 – 2030, as highlighted in a new report published by Coherent Market Insights.
Network Detection and Response (NDR) technology enables continuous monitoring, detection and response capabilities across enterprise networks. It helps organizations gain visibility into network traffic patterns and behavior to detect advanced threats. Unlike traditional Network Traffic Analysis (NTA), NDR delivers machine learning and behavioral analytics-driven techniques to equip security teams with insights to respond to threats faster.
Market key trends:
The growth of the NDR market is driven by the rapid increase in digitization and wide adoption of the Internet of Things (IoT) in various industries. As modern networks carry both business applications and operational technologies traffic, it is increasingly challenging for traditional security tools to keep pace with evolving threats. NDR solutions offer machine learning and artificial intelligence-powered analytics that help enterprises continuously monitor network traffic and identify anomalies in real-time. This enables proactive threat detection and response, improving the overall security posture of organizations operating in complex IT infrastructure landscapes.
Threat of new entrants: High start-up costs and capital requirements for technology development prevent new players from entering the NDR market easily. Bargaining power of buyers: Large enterprises have strong bargaining power in the market due to high purchase volumes. However, buyer power is relatively low for SMEs and individual consumers. Bargaining power of suppliers: The NDR market is concentrated with few technology providers, giving them greater influence on pricing. Threat of new substitutes: Substitution threat is moderate as alternative threat detection solutions like EPP, XDR are available but NDR provides more comprehensive detection capabilities. Competitive rivalry: Intense competition exists among key vendors to gain more market share through product innovations and partnerships.
Strength: NDR technology provides real-time detection of advanced cyber threats across entire digital attack surfaces with high accuracy. Weakness: On-premises deployment requires significant upfront investments and skilled resources for management. Opportunity: Growing instances of sophisticated cyber-attacks and regulatory compliance norms are prompting organizations to adopt proactive security strategies. Threats: IT modernization trends like cloud migration and mobility may limit visibility for traditional detection methods requiring frequent updates in NDR capabilities.
The global Network Detection And Response (NDR) Market Size is expected to witness high growth, exhibiting CAGR of 12.6% over the forecast period, due to increasing instances of cyber threats across enterprises. The North American region currently dominates the NDR market with a share of over 35% in 2023 due to stringent data privacy regulations and rising adoption of cloud-based security solutions among organizations to strengthen threat detection infrastructure.
Regional analysis The Asia Pacific region is anticipated to offer lucrative opportunities for NDR vendors during the forecast period driven by rapid digital transformation of enterprises and increasing deployment of web-based and mobile business applications in countries like China, India, and Japan.
Key players operating in the NDR market are Cisco, Juniper Networks, RSA Security, Awake Security, Vectra AI, ExtraHop, Darktrace, Fortinet, FireEye, Trend Micro, Niara, Securonix, Hillstone Networks, Countertack, Corelight, ProtectWise, Flowmon Networks, BluVector, Armor, Palo Alto Networks.
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it