Global Extended Detection and Response Market is valued at approximately USD 827.04 million in 2021 and is anticipated to grow with a healthy growth rate of more than 19.1% over the forecast period 2022-2028. Extended Detection and Response is a cybersecurity technology that is used to monitor and mitigates cyber security threats and present extended analysis, visibility, and response in networks and clouds. The evolving cyber threat landscape, the rising shift from EDR to XDR, the growing need for real-time monitoring, visibility, analysis, and response across security stacks, and increasing product launches are fueling the market demand across the globe. For instance, in April 2022, Bitdefender introduced GravityZone XDR- a native XDR solution, which is designed to offer out-of-the-box analytics, high-security context, and correlation of disparate alerts. The product offers features such as recommended threat response actions, automated threat identification & prioritization, and rapid cross-correlation threat detection. Therefore, the increasing launch of technologically advanced products is augmenting the market growth in the impending years. However, issues associated with the XDR deployment and lack of awareness about XDR and the vendor-lock-in period impede the growth of the market over the forecast period of 2022-2028. Also, increasing use of ML/AI-powered XDR services and growing adoption of managed XDR are anticipated to act as catalyzing factors for the market demand during the forecast period.
The key regions considered for the global Extended Detection and Response Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing investment in research & development activities and rising incidences of cyber threats. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the increasing number of data breaches, as well as development of the IT sector, would create lucrative growth prospects for the Extended Detection and Response Market across the Asia-Pacific region.
Major market players included in this report are:
McAfee, LLC
Trend Micro Incorporated.
Microsoft
Palo Alto Networks.
Cybereason
Broadcom
Cynet
SentinelOne
IBM
Cisco
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Component:
Solutions
Services
By Deployment Type:
Cloud
On-premises
By Industry:
BFSI
Retail
Healthcare
Manufacturing
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Extended Detection and Response Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
- 1.2.1. Extended Detection and Response Market, by Region, 2020-2028 (USD Million)
- 1.2.2. Extended Detection and Response Market, by Component, 2020-2028 (USD Million)
- 1.2.3. Extended Detection and Response Market, by Deployment Type, 2020-2028 (USD Million)
- 1.2.4. Extended Detection and Response Market, by Industry, 2020-2028 (USD Million)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Extended Detection and Response Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Extended Detection and Response Market Dynamics
- 3.1. Extended Detection and Response Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
- 3.1.1.1. Rising shift from EDR to XDR
- 3.1.1.2. Increasing product launches
- 3.1.2. Market Challenges
- 3.1.2.1. Issues associated with the XDR deployment
- 3.1.2.2. Lack of awareness about XDR and the vendor-lock-in period
- 3.1.3. Market Opportunities
- 3.1.3.1. Increasing use of ML/AI-powered XDR services
- 3.1.3.2. Growing adoption of managed XDR
Chapter 4. Global Extended Detection and Response Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
- 4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.3. Investment Adoption Model
- 4.4. Analyst Recommendation & Conclusion
- 4.5. Top investment opportunity
- 4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1.1. Assessment of the overall impact of COVID-19 on the industry
- 5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Extended Detection and Response Market, by Component
- 6.1. Market Snapshot
- 6.2. Global Extended Detection and Response Market by Component, Performance - Potential Analysis
- 6.3. Global Extended Detection and Response Market Estimates & Forecasts by Component, 2018-2028 (USD Million)
- 6.4. Extended Detection and Response Market, Sub Segment Analysis
- 6.4.1. Solutions
- 6.4.2. Services
Chapter 7. Global Extended Detection and Response Market, by Deployment Type
- 7.1. Market Snapshot
- 7.2. Global Extended Detection and Response Market by Deployment Type, Performance - Potential Analysis
- 7.3. Global Extended Detection and Response Market Estimates & Forecasts by Deployment Type, 2018-2028 (USD Million)
- 7.4. Extended Detection and Response Market, Sub Segment Analysis
- 7.4.1. Cloud
- 7.4.2. On-premises
Chapter 8. Global Extended Detection and Response Market, by Industry
- 8.1. Market Snapshot
- 8.2. Global Extended Detection and Response Market by Industry, Performance - Potential Analysis
- 8.3. Global Extended Detection and Response Market Estimates & Forecasts by Industry, 2018-2028 (USD Million)
- 8.4. Extended Detection and Response Market, Sub Segment Analysis
- 8.4.1. BFSI
- 8.4.2. Retail
- 8.4.3. Healthcare
- 8.4.4. Manufacturing
- 8.4.5. Others
Chapter 9. Global Extended Detection and Response Market, Regional Analysis
- 9.1. Extended Detection and Response Market, Regional Market Snapshot
- 9.2. North America Extended Detection and Response Market
- 9.2.1. U.S. Extended Detection and Response Market
- 9.2.1.1. Component breakdown estimates & forecasts, 2018-2028
- 9.2.1.2. Deployment Type breakdown estimates & forecasts, 2018-2028
- 9.2.1.3. Industry breakdown estimates & forecasts, 2018-2028
- 9.2.2. Canada Extended Detection and Response Market
- 9.3. Europe Extended Detection and Response Market Snapshot
- 9.3.1. U.K. Extended Detection and Response Market
- 9.3.2. Germany Extended Detection and Response Market
- 9.3.3. France Extended Detection and Response Market
- 9.3.4. Spain Extended Detection and Response Market
- 9.3.5. Italy Extended Detection and Response Market
- 9.3.6. Rest of Europe Extended Detection and Response Market
- 9.4. Asia-Pacific Extended Detection and Response Market Snapshot
- 9.4.1. China Extended Detection and Response Market
- 9.4.2. India Extended Detection and Response Market
- 9.4.3. Japan Extended Detection and Response Market
- 9.4.4. Australia Extended Detection and Response Market
- 9.4.5. South Korea Extended Detection and Response Market
- 9.4.6. Rest of Asia Pacific Extended Detection and Response Market
- 9.5. Latin America Extended Detection and Response Market Snapshot
- 9.5.1. Brazil Extended Detection and Response Market
- 9.5.2. Mexico Extended Detection and Response Market
- 9.6. Rest of The World Extended Detection and Response Market
Chapter 10. Competitive Intelligence
- 10.1. Top Market Strategies
- 10.2. Company Profiles
- 10.2.1. McAfee, LLC
- 10.2.1.1. Key Information
- 10.2.1.2. Overview
- 10.2.1.3. Financial (Subject to Data Availability)
- 10.2.1.4. Product Summary
- 10.2.1.5. Recent Developments
- 10.2.2. Trend Micro Incorporated.
- 10.2.3. Microsoft
- 10.2.4. Palo Alto Networks.
- 10.2.5. Cybereason
- 10.2.6. Broadcom
- 10.2.7. Cynet
- 10.2.8. SentinelOne
- 10.2.9. IBM
- 10.2.10. Cisco
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption