Identity Threat Detection and Response (ITDR) Market Share, Size, Trends, Industry Analysis Report, By Offering; By Deployment mode (On-premises, Cloud); By Organization size; By Application; By Region; Segment Forecast, 2024 - 2032
- Published Date:Jun-2024
- Pages: 115
- Format: PDF
- Report ID: PM4977
- Base Year: 2023
- Historical Data: 2019-2022
Report Outlook
Identity threat detection and response (ITDR) Market size was valued at USD 10.70 billion in 2023. The market is anticipated to grow from USD 13.13 billion in 2024 to USD 68.92 billion by 2032, exhibiting the CAGR of 23.0% during the forecast period.
Identity Threat Detection and Response (ITDR) Market Overview
The identity threat detection and response (ITDR) market is witnessing rapid growth as it offers a comprehensive solution for managing identity-related risks. It establishes a robust identity security posture by assessing the risk profile for each identity, drawing insights from aggregated data and signals encompassing access patterns, user permissions, and relevant business context from multiple sources, such as: HRIS, IdP and SaaS applications. The ITDR, along with the SaaS security posture management (SSPM) solution, correlates data exposure information to each identity, providing unparalleled visibility and control over organizational security landscapes.
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For instance, in May 2024, Semperis, a startup, has introduced a cutting-edge identity threat detection and response service called Lightning Identity Runtime Protection, which is based on machine learning technology. The ML algorithms developed by Semperis are specifically designed to combat identity attacks such as password spraying and credential stuffing intrusions.
By leveraging sophisticated data benchmarking capabilities, it compares each identity to personal and department access and data exposure patterns, issuing alerts on deviations from normal activity. In response to identified threats, it enables swift and targeted actions, including user-based data exposure remediation and IAM-based remediation on the user level. This integrated approach empowers organizations to proactively address identity-related risks and maintain a resilient security posture in today's dynamic threat landscape.
However, an all-encompassing ITDR system provides a wide range of threat detection and response features tailored to combat breaches stemming from identity-based attacks. This encompasses identity and access analytics for enhanced visibility and identity governance, risk scoring, real-time monitoring, predictive analytics, and automated remediation and incident response to bolster security posture, expedite threat mitigation, ensure compliance and reporting, and address SOC blind spots are driving the growth of this market.
Identity Threat Detection and Response (ITDR) Market Dynamics
Market Drivers
Rising Tntegration of AI in Identity Threat Detection and Responses
The rising integration of artificial intelligence into identity threat detection and responses is mainly due to its ability to enhance threat detection, response capabilities, and overall resilience. Sophisticated AI algorithms can help in anomaly detection, behavioral analytics, and pattern recognition for real-time identification and mitigation of cyber threats. Moreover, the emergence of generative AI (GenAI) enables cybersecurity experts to forecast future threats by recognizing patterns and trends. This proactive strategy empowers these professionals to predict and proactively tackle potential threats, enhancing the effectiveness of their current security tools, which are driving the growth of this market.
Rising Adoption of Identity Threat Detection and Responses in Cybersecurity
There is a rise in demand to seamlessly incorporate identity threat detection and responses with existing security procedures, incident response strategies, and communication channels to facilitate smooth transitions between alerts and response teams to grasp identity detection and response, as well as interpretation of alerts and report suspicious behavior as accurate information must reach the appropriate individuals promptly enabling continuous enhancement. Regularly assessing the effectiveness of the solution, analyzing logs, and adjusting threat profiles in accordance with emerging cyberattack trends are driving the growth of this market.
Identity Threat Detection and Response (ITDR) Market Restraints
Challenges related to complexity and integration
Incorporating ITDR solutions into existing infrastructure and workflows poses a notable challenge for the market. Many organizations seek support in aligning these technologies with their security architectures, identity management systems, and compliance standards. Addressing the array of identity-related threats demands a thorough approach, often involving the integration of multiple ITDR solutions and coordination across teams and departments. This complexity can lead to implementation delays, higher expenses, and operational hurdles, impeding the adoption of ITDR solutions despite the increasing demand for improved identity threat detection and response capabilities.
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Report Segmentation
The market is primarily segmented based on offering, deployment mode, organization size, application, and region.
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By Offering |
By Deployment Mode |
By Organization Size |
By Application |
By Region |
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Identity Threat Detection and Response (ITDR) Market Segmental Analysis
By Offering Analysis
- The solutions segment dominated the market due to its ability to offer solutions to address and mitigate identity-based threats, including compromised user accounts and leaked passwords. This is achieved through the continuous monitoring of user activity and access management logs, promptly identifying any suspicious behaviour. Additionally, data is gathered from various identity and access management (IAM) sources to enhance the effectiveness of the solution by collecting system logs and network traffic data to monitor and analyse it in endpoint devices like workstations and laptops.
- The service segment is projected to grow at a CAGR during the projected period, mainly driven by its significance of strong identity threat detection and response capabilities apparent to organizations. Service providers offer customized solutions and domain expertise to assist organizations in navigating the intricacies of ITDR implementation, guaranteeing smooth integration with current infrastructure and workflows. Continuous support and training services empower organizations to leverage ITDR technologies effectively, fuelling the expansion of the services segment in the ITDR market.
By Deployment Mode Analysis
- The on-premises segment accounted for the largest market share owing to on-premises threat detection, involving the implementation of security measures within a company's physical or virtual infrastructure to identify and address threats aimed at user identities. This strategy utilizes a range of tools and technologies, including intrusion detection systems, security information and event management (SIEM) solutions, and advanced analytics for user authentication and access across the organization's network. Through ongoing analysis of user behavior patterns and irregularities, companies can promptly detect potential security breaches, unauthorized access attempts, or suspicious activities linked to user accounts.
- The cloud segment is expected to grow at the fastest growth rate over the next coming years on account of the rapid increase in the demand for cloud security systems to constantly monitor the cloud infrastructure, identifying any malicious activities or unauthorized alterations. Cloud resources provide numerous benefits, such as effective management of change control, control over configuration drift, and the ability to detect threats by utilizing the Common Vulnerability Scoring System (CVSS) to determine the severity of configuration vulnerabilities. The CSSS plays a crucial role in harmonizing risk assessment methodologies across various cloud services, including cloud computing and cloud storage.
By Organization Size Analysis
- The large enterprises segment dominated the market due to its extensive IT infrastructures, diverse digital ecosystems, and heightened risk profile due to its size and complexity. These organizations prioritize investing in comprehensive ITDR solutions to safeguard their valuable assets, sensitive data, and brand reputation. Substantial financial resources and dedicated cybersecurity teams enable large enterprises to effectively implement and manage sophisticated ITDR technologies, emphasizing mitigating security risks and ensuring compliance with regulatory requirements.
- The SMES segment is anticipated to grow with the fastest CAGR. These SMES are more prone to security risks as they have limited security resources. However, the rising awareness of cyber risks and the emergence of data privacy regulations are creating awareness for SMEs to invest in ITDR solutions, which provide better threat detection, improved user access control, and simplified compliance management.
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Identity Threat Detection and Response (ITDR) Market Regional Insights
The North America Region Dominated the Global Market with the Largest Market Share
The North America region dominated the market with the largest market share and is expected to maintain its dominance over the anticipated period. The growth of the segment market can be largely attributed to increased cyberattacks. For instance, in 2022, PayPal, a multinational fintech company, notified its users regarding the compromise of their accounts and personal data due to a credential stuffing attack involving the utilization of bots by malicious individuals to match extensive lists of usernames and passwords, which were then forcefully inserted into the login portal. As a result, around 35,000 account holders were affected, granting threat actors visibility and entry to their full names, dates of birth, email addresses, social security numbers, and tax identification numbers.
The Asia Pacific region is expected to be the fastest growing region with a healthy CAGR during the projected period, owing to the rapid digital transformation and the rise in internet usage. As companies adopt cloud-based services, the risk of identity-related dangers rises, leading organizations to invest in ITDR solutions. Strict regulatory requirements and a growing understanding of cybersecurity threats are boosting the need for advanced identity threat detection and response capabilities in the Asia Pacific area.
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Identity Threat Detection and Response (ITDR) Market Competitive Landscape
The identity threat detection and response (ITDR) market is saturated with major players offering technology integrated identity threat detection and responses to ensure privacy and safety of the organization’s and the organization network’s data. The adoption of AI integrated responses is witnessing rapid growth as more and more companies rely on implementing the cloud based response solutions to identify malware or cyberattack beforehand to not compromise on the breach of data. These players focus on acquisitions, product upgrades, and collaboration to gain a competitive edge over other significant players and capture a significant market share.
Some of the major players operating in the global market include:
- Adaptive Shield
- BeyondTrust
- CrowdStrike
- CyberArk
- IBM
- Microminder
- Microsoft
- Tenable
- Veronis
- Zscaler
Identity Threat Detection and Response (ITDR) Market Recent Developments
- In May 2024, DoControl, the SaaS Security Posture Management solution, announced the launch of two essential product features: Identity Threat Detection and Response (ITDR) and SaaS misconfiguration management. These cutting-edge capabilities will offer comprehensive SaaS security solutions, empowering organizations to safeguard their valuable SaaS data from emerging threats in the ever-changing digital environment.
- In December 2023, Okta acquired the identity security platform Spera Security in order to enhance its capabilities in identity threat detection and security posture management. This move reinforces its commitment to providing secure identity solutions and aligns with its goal of enabling safe technology usage for all.
Report Coverage
The identity threat detection and response (ITDR) market report emphasizes on key regions across the globe to provide better understanding of the product to the users. Also, the report provides market insights into recent developments, trends and analyzes the technologies that are gaining traction around the globe. Furthermore, the report covers in-depth qualitative analysis pertaining to various paradigm shifts associated with the transformation of these solutions.
The report provides detailed analysis of the market while focusing on various key aspects such as competitive analysis, on offering, deployment mode, organization size, application, and their futuristic growth opportunities.
Identity Threat Detection and Response (ITDR) Market Report Scope
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Report Attributes |
Details |
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Market size value in 2024 |
USD 13.13 billion |
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Revenue forecast in 2032 |
USD 68.92 billion |
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CAGR |
23.0% from 2024 – 2032 |
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Base year |
2023 |
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Historical data |
2019 – 2022 |
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Forecast period |
2024 – 2032 |
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Quantitative units |
Revenue in USD billion and CAGR from 2024 to 2032 |
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Segments covered |
By Offering, By Deployment mode, By Organization size, By Application, By Region |
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Regional scope |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
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Customization |
Report customization as per your requirements with respect to countries, region, and segmentation. |
FAQ's
Identity Threat Detection and Response (ITDR) Market report covering key segments are offering, deployment mode, organization size, application and region.
Identity Threat Detection and Response (ITDR) Market Size Worth $ 68.92 Billion By 2032
Identity threat detection and response (ITDR) Market exhibiting the CAGR of 23.0% during the forecast period
North America is leading the global market.
The key driving factors in Identity Threat Detection and Response (ITDR) Market are Rising Integration of AI in Identity Threat Detection and Responses
