Precision Business Insights has published a report on the global extended detection and response market, estimating its value at USD 1,535.3 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 29.1% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/extended-detection-and-response-market
The Extended Detection and Response (XDR) Market is focused on cybersecurity solutions that integrate threat detection, investigation, and response across many security levels, including endpoints, networks, cloud workloads, and email systems. Unlike previous compartmentalized technologies, XDR offers a consolidated view of risks, allowing for quicker and more accurate incident response via integrated telemetry, analytics, and automation.
Drivers:
Increasing frequency and sophistication of attacks (e.g. ransomware, phishing, APTs) are pushing organizations to adopt holistic security platforms
Advanced analytics enable real-time threat detection, behavioral analysis, and automated response
The global extended detection and response market segmentation:
1) By Component: Solutions, Services
2) By Deployment Type: On-Premises, Cloud-Based
3) By End user: BFSI (Banking, Financial Services, and Insurance), IT & Telecommunications, Government & Public Sector, Healthcare, Retail & E-commerce, Manufacturing, Energy & Utilities, Others
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Regional Overview:
The report also examines the current concerns and their Future Effects on the extended detection and response market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the extended detection and response market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
North America (U.S., Canada)
Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like Microsoft, Trend Micro, CrowdStrike, Palo Alto Networks, Sentinel One, Cybereason, Sophos, VMware, IBM, Cisco
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