The global XDR market is expected to grow at a compound annual growth rate (CAGR) of 38.4% from USD 1.7 billion in 2023 to USD 8.8 billion by 2028.
.jpg "The Global XDR Market 2018-2028 (USD Billion)")
The could XDR Market could grow more than USD 2.7 billion at an annualized rate of 20.02% from 2021 to 2028. The increased adoption of new software solutions and ened complexities in managing security threats is expected to remain robust factors to the XDR technology growth. Additionally, the XDR technology providing enhanced visibility, awareness, analysis, and response to security threats is also the driving the global XDR market.
The industry will be supported by continued penetration of dynamic analytics and machine learning techniques. Though the market is experiencing tremendous growth, it grappled with several challenges such as technical issues, collecting and correlating detections and other activities across multiple security layers, deployment issues, limited automation, and integration of XDR technology with existing investments may depress the demand for XDR platform.
Nevertheless, XDR addressing today’s security challenges, the rise in big data applications, rising popularity of XDR solutions, and increasing demand for real-time cloud monitoring and investigation systems is anticipated to be a growth opportunity to the global XDR market.
Extended Detection and Response is an information technology security that protects, monitors, and mitigates security threats to computer systems. XDR is a software technology that acts as a security threat detection and incident response tool.
For example, data visibility and security monitoring across networks, clouds, endpoints, and applications through Extended Detection and Response. There are multiple firms operating in the global XDR market that provide XDR tools combined with multiple security products for comprehensive protection from wide range of threats to the computer systems .
McAfee is one of the largest security solution providers is well-known for providing complete endpoint security solutions. McAfee uses its XDR to orchestrate both McAfee and Non-McAfee security assets to provide cyber security management and support guided and automated investigations.
The key vendors and their products offering advanced security capability to enterprises across the world are Sohpos Intercept X Endpoint, McAfee MVISION XDR, VMware Carbon Black Cloud, Mandiant Automated Defense, Cisco SecureX And Secure Endpoint, Broadcom Symantec XDR, Cybereason Cyber Defense Platform, SentinelOne Singularity XDR, Microsoft 365 Defender And Azure Defender, Crowdstrike Falcon, Cynet 360, Palo Alto Networks Cortex XDR, and Trend Micro Vision One products among all the well-established and youngest firms operating in the market.
XDR Market Scope
| Metrics | Details |
| Base Year | 2023 |
| Historic Data | 2018-2022 |
| Forecast Period | 2024-2028 |
| Study Period | 2018-2028 |
| Forecast Unit | Value (USD) |
| Revenue forecast in 2028 | USD 8.8 billion |
| Growth Rate | CAGR of 38.4 % during 2021-2028 |
| Segment Covered | Product Type, Applications, Regions |
| Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
| Key Players Profiled | Sohpos Intercept X Endpoint, McAfee MVISION XDR, VMware Carbon Black Cloud, Mandiant Automated Defense, Cisco SecureX And Secure Endpoint, Broadcom Symantec XDR, Cybereason Cyber Defense Platform, SentinelOne Singularity XDR, Microsoft 365 Defender And Azure Defender, Crowdstrike Falcon, Cynet 360, Palo Alto Networks Cortex XDR, and Trend Micro Vision One products among |
Key Segments of the Global XDR Market
Type Overview, (USD Billion)
- Cloud based
- On Premises
Application Overview, (USD Billion)
- Large Enterprises
- SME
Regional Overview (USD Billion)
North America
- U.S.
- Canada
Europe
- Germany
- UK
- France
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
South America
- Brazil
- Mexico
- Rest of South America
Middle East and Africa
Reasons For Study
- To give you in-depth component, deployment type, application, regional, key companies and market share insights about the global XDR market.
- To highlight the market size value in 2021, revenue forecast, growth rate, historical data, regional scope, key companies, and other important details of individual segments functional in the market.
- To put forth the market intelligence for helping you make effective decisions.
- To highlight the growth opportunities, trends, covid-19 impact, and competition strategies to stay ahead of the market.
What is Included in the Report?
- Market estimates, revenue forecasts, segment and regional growth forecasts, competition strategies, product innovation listing and other crucial information about the global XDR market.
- Detailed study of segments or regions that accounted for largest XDR market share.
- Study of the competitive environment.
- Key factors shaping the global XDR market.
- Detailed XDR data, analysis, charts, and industry financial ratios.
- Revenue forecasts, historical and anticipated growth trends, industry major players, profitability analysis, SWOT analysis, industry operating conditions and porter’s 5 Forces analysis.
Who Should Buy This Report?
- The global XDR market report is extremely use to the players seeking in-depth market insights about Extended Detection and Response including technology innovators, R&D experts, academicians, business executives, enterprises looking for XDR integration, and all the interested market participants.
Frequently Asked Questions (FAQ) :
The application of the xdr market large enterprises, SME
The base year for the report is 2023 in xdr market.
To get latest version of xdr market report can be obtained on demand from the website.
The key vendors and their products offering advanced security capability to enterprises across the world are Sohpos Intercept X Endpoint, McAfee MVISION XDR, VMware Carbon Black Cloud, Mandiant Automated Defense, Cisco SecureX And Secure Endpoint, Broadcom Symantec XDR, Cybereason Cyber Defense Platform, SentinelOne Singularity XDR, Microsoft 365 Defender And Azure Defender, Crowdstrike Falcon, Cynet 360, Palo Alto Networks Cortex XDR, and Trend Micro Vision One products among all the well-established and youngest firms operating in the market.
Key Segments of the Global XDR Market
Type Overview, 2018-2028 (USD Billion)
- Cloud based
- On Premises
Application Overview, 2018-2028 (USD Billion)
- Large Enterprises
- SME
Regional Overview, 2018-2028 (USD Billion)
North America
- U.S.
- Canada
Europe
- Germany
- UK
- France
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
South America
- Brazil
- Mexico
- Rest of South America
Middle East and Africa
Reasons For Study
- To give you in-depth component, deployment type, application, regional, key companies and market share insights about the global XDR market.
- To highlight the market size value in 2021, revenue forecast, growth rate, historical data, regional scope, key companies, and other important details of individual segments functional in the market.
- To put forth the market intelligence for helping you make effective decisions.
- To highlight the growth opportunities, trends, covid-19 impact, and competition strategies to stay ahead of the market.
What is Included in the Report?
- Market estimates, revenue forecasts, segment and regional growth forecasts, competition strategies, product innovation listing and other crucial information about the global XDR market.
- Detailed study of segments or regions that accounted for largest XDR market share.
- Study of the competitive environment.
- Key factors shaping the global XDR market.
- Detailed XDR data, analysis, charts, and industry financial ratios.
- Revenue forecasts, historical and anticipated growth trends, industry major players, profitability analysis, SWOT analysis, industry operating conditions and porter’s 5 Forces analysis.
Who Should Buy This Report?
- The global XDR market report is extremely use to the players seeking in-depth market insights about Extended Detection and Response including technology innovators, R&D experts, academicians, business executives, enterprises looking for XDR integration, and all the interested market participants.
Type Segment
Based on various approaches the global XDR market is classified into segments namely Cloud-Based and On-Premises. The on-premises segment accounted for largest market share as it has minimal chance of data loss, reduces latency, provides better security, one-time investment, more control of data, regain IT access and functionality, and offers numerous benefits to the customers.
Application Segment
Based on various approaches the global Ethernet storage fabric market is classified into segments namely Large Enterprises and SMEs. The large enterprises segment held highest revenue in 2020 and is projected to witness substantial revenue growth in the forecast years 2021-2028. The key reasons for growth of this segment are high investment capabilities, in-house technical expert team, advanced security technology integration for protecting enterprise operations from possible threats, to address security challenges in complex business operations, and others.
North America is the largest shareholder of revenue of global XDR market owing to the presence of some biggest technology giants like Google, Microsoft, McAfee, etc. The growing adoption of dynamic analytics, machine learning techniques, advanced security solutions, rise in big data applications, popularity of XDR solutions, and increasing demand for real-time monitoring and investigation systems in large as well as SME’s in the region is driving North America’s share in the global XDR market. APAC is the next largest shareholder in the market and is expected to gather increase share in the forecasted years.