PUBLISHER: Value Market Research | PRODUCT CODE: 1342964
PUBLISHER: Value Market Research | PRODUCT CODE: 1342964
The global demand for Extended Detection and Response Market is presumed to reach the market size of nearly USD 4084.89 MN by 2030 from USD 632.53 MN in 2022 with a CAGR of 23.03% under the study period 2023 - 2030.
Extended detection and response (XDR) is a cyber security system that mitigates and monitors cyber security threats. XDR provides end-to-end visibility, detection, investigation, and reaction across several security levels. Federation of security signals, higher-level behavioral and cross-correlated analytics, and closed-loop and highly automated responses are components of an XDR architecture. XDR is a software tool with an advanced data infrastructure that provides automation, faster detection, prioritization, & greater context and visibility. It also aids security teams in scalability, automation alternatives, and scalability.
Organizations are gradually adopting increasingly decentralized and edge-based security solutions, like extended detection and response software, in response to an increase in the frequency of data breaches around the globe. Increasing innovations in technologies such as the cloud and the Internet of Things (IoT) have raised the risk of cyberattacks, making it more complex to secure sensitive data. As a result, businesses are investing in extended detection and response software to strengthen their cybersecurity, which is flourishing the extended detection and response market growth. Several organizations are using extended detection and response solutions that provide threat detection capabilities from endpoints to multiple security control points like emails, servers, cloud, and networks due to the increasing demand for real-time monitoring and investigation of cyber threats.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of extended detection and response. The growth and trends of extended detection and response industry provide a holistic approach to this study.
This section of the extended detection and response market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Extended Detection and Response market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the extended detection and response market include McAfee LLC, Trend Micro Incorporated, Microsoft, Palo Alto Networks Inc., Cybereason, Broadcom, Cynet, SentinelOne. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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