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Extended Detection and Response (XDR) Market Trends

  • Report ID: GMI5505
  • Published Date: Aug 2024
  • Report Format: PDF

Extended Detection and Response Market Trends

The growing need for real-time monitoring and investigation of advanced threats is compelling organizations to implement security solutions that extend threat detection capabilities beyond endpoints to multiple security control points. This encourages the use of XDR tools that enable behavioral and telemetry analysis across multiple security layers. These tools enable security analysts to visualize various threats. To gain business capabilities market players are launching new solutions.
 

For instance, in June 2024, Kivu Consulting launched the new CyberCertainty Managed Extended Detection and Response (XDR). This advanced solution combines Kivu’s extensive threat expertise with cutting-edge technology to deliver agile protection and rapid detection across various attack vectors including endpoint, network, identity, and cloud. XDR tools reduce the downtime of critical servers by providing customized incident responses. These advantages are expected to foster the extended detection and response industry growth over the forecast period.

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of extended detection and response (XDR) reached USD 1.7 billion in 2023 and is set to register over 19.5% CAGR between 2024 and 2032, owing to the growing risk of cyber threats.

The solution segment in the extended detection and response (XDR) industry generated USD 1.2 billion in 2023, due to increasing regulatory compliance requirements.

North America market accounted for 30% share in 2023, driven by a high volume of cyber threats including data breaches, ransomware attacks, and advanced persistent threats.

Crowdstrike, Cybereason, Fortinet, IBM, Microsoft, Palo Alto Networks, SentinelOne, Trellix, Trend Micro, and VMware.

Extended Detection and Response Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 350
  • Countries covered: 25
  • Pages: 143
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