Growing threat landscape and combating threat-targeting identities and identity systems are expected to drive market expansion shortly at a CAGR of 23.20% during the forecast period 2024 to 2032

Market Research Future (MRFR) has published on the “Global Identity Threat Detection and Response (ITDR) Market”.

The Identity Threat Detection and Response (ITDR) Market is estimated to register a CAGR of 23.20% during the forecast period of 2024 to 2032.

MRFR recognizes the following companies as the key players in the global Identity Threat Detection and Response (ITDR) Market— Microsoft (US), IBM (US), CrowdStrike (US), Zscaler (US), Tenable (US), Veronis (US), BeyondTrust (US), CyberArk (US), Proofpoint (US), and Quest (US).

Identity Threat Detection and Response Market Highlights

The global Identity Threat Detection and Response (ITDR) Market is accounted to register a CAGR of 23.20% during the forecast period and is estimated to reach USD 88.2 billion by 2032.

The future of the Identity Threat Detection and Response (ITDR) Market will be shaped by the rising demand for security solutions focused on identity, driven by an uptick in cyberattacks and regulatory compliance mandates.

Segment Analysis

The global Identity Threat Detection and Response (ITDR) Market has been segmented based on the Offering, Deployment Mode, Organization Size, and Vertical.

Based on the Offering, the market is segmented into Solutions and Services. The Services segment was attributed to holding the largest market share in 2023. As organizations increasingly acknowledge the importance of strong identity threat detection and response (ITDR) capabilities, there is a rising demand for expertise and assistance in deploying, configuring, and optimizing ITDR solutions to meet their specific security needs. Service providers offer customized solutions and specialized knowledge to help organizations navigate the complexities of ITDR implementation, ensuring seamless integration with existing infrastructure and workflows. Continuous support and training services enable organizations to effectively utilize ITDR technologies, enhance their security posture, and swiftly respond to emerging threats, fueling the growth of the services segment in the ITDR market.

Based on the Deployment Mode, the Identity Threat Detection and Response (ITDR) Market has been segmented into On-premises and clouds. The clouds segment was expected to hold the largest market share in 2023. Cloud-based ITDR solutions enable organizations to scale their security infrastructure up or down as needed, making them essential for managing fluctuating workloads and supporting organizational growth. These solutions can be deployed swiftly and adjusted easily, which is ideal for businesses with dynamic or rapidly changing security requirements.

Based on the Organization Size, the Identity Threat Detection and Response (ITDR) Market has been segmented into Large Enterprises and SMEs. The SMEs segment was expected to hold the largest market share in 2023. SMEs are frequently targeted by cybercriminals due to their typically less robust security measures compared to larger enterprises, making them attractive for identity theft and other cyber threats. As awareness of cybersecurity risks increases, SMEs are recognizing the need to protect their digital identities and are investing more in ITDR solutions.

Based on the Vertical, the Identity Threat Detection and Response (ITDR) Market has been segmented as BFSI, Retail and eCommerce, Government & Defense, Gaming & Gambling, IT & ITeS, Telecommunication, Energy & Utilities, Education, Healthcare & Lifesciences, and other verticals. The BFSI segment was expected to hold the largest market share in 2023. The BFSI sector handles highly sensitive financial data, making it a prime target for cybercriminals. Identity theft, fraud, and data breaches can lead to severe financial and reputational damage. Given the vast amounts of personal and financial information managed by financial institutions, robust ITDR solutions are essential to protect against unauthorized access and identity-related threats.

Regional Analysis

The global Identity Threat Detection and Response (ITDR) Market, based on region, has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. North America consists of the US and Canada. The Europe Identity Threat Detection and Response (ITDR) Market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Identity Threat Detection and Response (ITDR) Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Identity Threat Detection and Response (ITDR) Market comprises the Middle East, Africa, and Latin America.

The largest market share for the Identity Threat Detection and Response (ITDR) Market was maintained by the North American regional sector. North America, particularly the United States, faces a significant volume of cyberattacks, including incidents of identity theft, data breaches, and ransomware. The US House Appropriations Committee proposed spending bills for 2023, allocating $15.6 billion to federal cybersecurity initiatives. Ransomware was the predominant attack type in North America, accounting for 30% of incidents, surpassing business email compromise (12%) and server access attacks (9%). This heightened threat environment underscores the growing demand for robust ITDR solutions. The complexity and frequency of cyber threats necessitate advanced capabilities for detection and response, driving increased adoption of ITDR solutions in the region.

Moreover, the Europe market has been persistently growing over the forecast period. Industries such as finance, healthcare, and government in Europe are primary targets for cybercriminals due to the valuable data they hold, increasing the demand for specialized ITDR solutions. In 2021, 28% of European SMEs reported experiencing at least one type of cybercrime. SMEs are particularly concerned about risks such as hacking of online bank accounts (32%), phishing, account takeover, or impersonation attacks (31%), and viruses, spyware, or malware (29%). Europe has the highest breach rates, with 1 in 5 European internet users experiencing a breach in 2022, which is more than four times higher than the global average.

Several factors specific to the APAC region are driving its growth in the ITDR market. APAC's rapid digital transformation, fueled by the adoption of cloud computing, mobile technologies, and e-commerce platforms, has significantly expanded the attack surface for cyber threats. In India, cybercrime has surged by 60.9% from 2022 to 2023, resulting in approximately Rs. 10,000 crore in losses over the past three years. The Indian Computer Emergency Response Team (Cert-In) managed 1,391,457 cybersecurity incidents in 2022 alone. Increased regulatory emphasis on data privacy regulations in countries like China, India, and Australia is pushing organizations to adopt robust ITDR solutions to ensure compliance. Additionally, the rise of domestic cybersecurity vendors in APAC and the growing adoption of cloud-based ITDR solutions are contributing factors to the region's expanding ITDR market.

Furthermore, the rest of the world's Identity Threat Detection and Response (ITDR) Market is divided into the Middle East, Africa, and Latin America. The MEALA regions are swiftly embracing digital technologies such as cloud computing, IoT (Internet of Things), and mobile services. While this digital transformation enhances operational efficiency and connectivity, it also broadens the attack surface for cyber threats, necessitating robust ITDR solutions. Over the period from 2022 to 2030, SMEs and startups in the UAE alone are projected to derive USD 17.1 billion (AED 62.6 billion) in economic benefits from hyperscale cloud computing. This includes USD 10.1 billion (AED 37 billion) in user benefits and USD 7.0 billion (AED 25.7 billion) in partner benefits. Moreover, the expansion of e-commerce and digital payment platforms across these regions has heightened the importance of securing online transactions and customer data, further escalating the demand for ITDR solutions.

Key Findings of the Study

• The global Identity Threat Detection and Response (ITDR) Market is expected to reach USD 88.2 billion by 2032, at a CAGR of 23.20% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market owing to the rapid digital transformation, increasing cyber threats, and widespread adoption of cloud computing and mobile technologies.


• Based on Organization Size, the SMEs segment was attributed to holding the largest market in 2023, with an approximate market share of 55–60%.


• Microsoft (US), IBM (US), CrowdStrike (US), Zscaler (US), Tenable (US), Veronis (US), BeyondTrust (US), CyberArk (US), Proofpoint (US), and Quest (US) are the key market players.