Extended Detection and Response Market By Component (Solution, Service), By Deployment Model (On Premise, Cloud), By Enterprise Size (Large Enterprises, SMEs), By Industry Vertical (BFSI, Government, Manufacturing, Energy and Utilities, Healthcare, Retail and E Commerce, IT and Telecom, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
Extended detection and response (XDR) offer visibility into information through endpoints, cloud, networks, and applications, while making use of analytics and automation to hunt, analyze and amend threats. XDR gathers and harmonizes data through endpoints, servers, emails, networks and cloud workloads allowing visibility and context into advanced threats. Risks can be prioritized, analyzed and rectified to avert data loss and breaches.
Rise in incidences of data breaches across the world has led enterprises to steadily adopt decentralized and edge-based security features including extended detection and response software. XDR is a successor to endpoint detection and response (EDR) which has improved malware detection and remediation on the simplest approach of detection by antivirus. In addition, advanced investigative capabilities of XDR solutions can use machine learning (ML) and artificial intelligence (AI) to automate phases in investigations. Furthermore, it is a cloud-based platform with the vast data infrastructure which provides security teams more scalability, flexibility and automation. Thus, various organizations are adopting managed XDR solutions for faster detection and greater visibility. These factors are anticipated to propel the market growth in upcoming years.
The global extended detection and response market is segmented on the basis of component, deployment mode, organization size, industry vertical, and region. By component, it is bifurcated into software and services. The service is segregated into professional services and managed services. The professional services is further bifurcated into training & education, integration & deployment, and support & maintenance. By deployment mode, it is segregated into cloud and on-premises. By industry vertical, it is segregated into BFSI, retail and e-commerce, manufacturing, government, IT and telecom, healthcare, government, energy and utilities, and others. By enterprise size it is categorized into small to medium enterprises (SMEs) and large enterprises. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The market players operating in the extended detection and response market includes Bitdefender, Blueshift, Broadcom, Cisco, Confluera, Crowstrike, Cynet, Elastic, Fortinet, IBM, Sophos, McAfee llc, Microsoft, Palo Alto Networks , SentinelOne, and Trend Micro. These major players have adopted various key development strategies such as business expansion, new product launches, acquisitions and partnerships, which drive the growth of extended detection and response market globally.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the extended detection and response market analysis from 2021 to 2031 to identify the prevailing extended detection and response market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the extended detection and response market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global extended detection and response market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Component
Solution
Service
Service Type
Professional Service
Managed Service
By Deployment Model
On Premise
Cloud
By Enterprise Size
Large Enterprises
SMEs
By Industry Vertical
BFSI
Government
Manufacturing
Energy and Utilities
Healthcare
Retail and E Commerce
IT and Telecom
Others
By Region
North America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
Rest Of Europe
Asia-Pacific
China
Japan
Australia
India
South Korea
Rest Of Asia-Pacific
LAMEA
Brazil
Mexico
UAE
Saudi Arabia
South Africa
Rest Of LAMEA
Key Market Players
BitDefender
Broadcom Corp
Cisco Systems Inc.
Confluera
Crowstrike
Cynet
Sophos Group
McAfee
BlueShift Technologies
Fortinet Inc.
.IBM CORPORATION
Microsoft Corporation
Elastic Inc.
SentinelOne
Trend Micro Inc
Palo Alto Networks Inc
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