The Incident Response Market is to Touch $120 Billion by 2030; enhanced regulatory frameworks and heightened cybersecurity awareness propel market growth.

The Incident Response Market size is estimated to reach $120 billion by 2030, growing at a CAGR of 21.3% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, “Incident Response Market – By Component (Solution and Services), By Service (Retainer, Assessment and Response, Tabletop Exercises, Planning & Development, Advanced Threat Hunting and Others), By Security Type (Web Security, Application Security, Endpoint Security, Network Security and Cloud Security), By Deployment Mode (Cloud and On-Premise), By Organization Size (Small & Medium-Sized Enterprise, Large Enterprises), By Vertical (Government, Healthcare & Life Sciences, Retail & Ecommerce, Travel  & Hospitality, Manufacturing, Telecom & IT and others), By Geography - Global Opportunity Analysis & Industry Forecast, 2024-2030”

Rising cyber threats and increasing digitalization are fueling the growth of the Incident Response industry during the forecast period.

In 2023, North America led the Incident Response market, capturing over 44% of the total share, followed by Europe and Asia-Pacific (APAC). Key policy initiatives, such as the U.S. Presidential Policy Directive (PPD-41) on Cyber Incident Coordination and the National Cybersecurity Protection Act of 2014, are crucial in fostering market growth in this region. These policies provide a framework that strengthens incident response capabilities, reinforcing regional preparedness against cybersecurity threats. Moreover, the emphasis on national security, foreign relations, and economic stability underscores the significance of cybersecurity, aligning with public confidence in safeguarding American interests. Together, these factors create a favorable environment, spurring advancements in incident response technology and bolstering North America’s market position amid increasing global cybersecurity demands. 

The growing frequency of cyber-attacks highlights the critical role of incident response plans, aiding IT teams in identifying, managing, and mitigating threats like data breaches. As organizations increasingly adopt digital technology, the likelihood of cyber threats rises, underscoring the need for robust incident response strategies. Government sectors are particularly vulnerable, facing sophisticated attacks such as ransomware, which can compromise vast amounts of sensitive data, impacting customer privacy and operational stability. These ongoing security threats drive demand for enhanced incident response solutions, pushing businesses and public agencies alike to invest in preventive and reactive security measures, thereby propelling growth within the incident response market as they prioritize data protection.

The rapid adoption of social media, fueled by digitalization and expanded mobile and internet access, is driving the demand for incident response solutions. As individuals and businesses increase their reliance on these platforms, the exposure to cybersecurity risks intensifies, necessitating proactive response strategies. Additionally, stringent government regulations and compliance requirements are increasingly applied to social media operations to safeguard user data. These factors collectively fuel the market, as organizations seek to implement stronger incident response protocols to address potential threats and maintain regulatory compliance. By adapting to these demands, incident response providers are experiencing growth, meeting the needs for secure digital interactions in the fast-evolving social media landscape.