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According to Technavio’s market research report, the global endpoint detection and response market will grow at a CAGR of close to 9% during the forecast period. The advancement in wireless networks is one of the key drivers that will propel the growth prospects of the market until the end of 2021. The drawbacks of 2G and 3G, high power consumption, and the high cost of upgrades for cellular infrastructure have resulted in the emergence of long-term evolution (LTE). LTE is a standard for wireless communication and involves a large number of benefits, which drives its adoption for conducting payment transactions on mobile devices such as smartphones and tablets. This increases the number of identity thefts and unauthorized access to secure financial information. This will consequently, create the need for endpoint detection and response solutions to prevent such attacks.