Extended Detection And Response Market to Grow With 13.9% CAGR During 2022 to 2032 | McAfee, LLC, Trend Micro Incorporated., Microsoft, Palo AltoNetworks Cybereason

The global Extended Detection And Response Market was valued at USD 1.2 billion in 2022 and it is anticipated to grow up to USD 4.4 billion by 2032, at a CAGR of 13.9% during the forecast period.

Get Access to A Free Sample Copy of Our Latest Report - https://www.globalinsightservices.com/request-sample/GIS24377

Extended detection and response (EDR) is a security solution that uses advanced detection techniques to identify, investigate, and respond to security incidents. EDR solutions are designed to complement traditional security solutions, such as antivirus and intrusion detection/prevention systems. EDR solutions use a variety of techniques to detect security incidents, including behavioral analytics, machine learning, and heuristics. Once an incident is detected, EDR solutions provide a variety of tools to help security analysts investigate and respond to the incident. These tools may include a searchable database of security events, tools for analyzing network traffic, and tools for creating incident response plans.

Read more about Extended Detection And Response Market here: https://www.globalinsightservices.com/reports/extended-detection-and-response-market

Market Trends and Drivers

The increased integration of several software solutions with existing systems and heightened complexities in managing multiple alerts with limited context about the increasing number of security threats cause security teams to lose visibility, hampering business operations. The scenario has led to the emergence of XDR technology, which uses dynamic analytics and machine learning techniques to provide extended visibility, analysis, and response across networks, clouds, and endpoints.

Over the years, the enhanced visibility and awareness of security threats offered by XDR solutions have led to their increased popularity in the U.S. By integrating XDR solutions, enterprise security analysts can eliminate and target cyber threats based on the severity at which they can impact the organization's IT infrastructure. The rising popularity of XDR solutions has encouraged several cybersecurity vendors in the U.S. to introduce advanced EDR and XDR solutions. For instance, in February 2020, SentinelOne, a U.S.-based cybersecurity solution provider launched an AI-powered XDR solution that offers advanced threat detection and complete visibility across every endpoint device, physical or virtual, on-premise, or on the cloud.

Get A Customized Scope to Match Your Need Ask an Expert-https://www.globalinsightservices.com/request-customization/GIS24377

Major Players in the Global Extended Detection And Response Market

The key players in the Extended Detection And Response Market are McAfee, LLC, Trend Micro Incorporated., Microsoft, Palo AltoNetworks Cybereason, Broadcom, Cynet, SentinelOne, Rapid7, and LMNTRIX. among others.

COVID-19 Impact

Responding to the COVID-19 pandemic remained a major challenge for most security businesses across the world in 2020. The pandemic has refocused the attention of security staff on operational tools and cloud-delivered security tools that do not require a Local Area Network (LAN) connection to function, and the need to migrate to cloud data centers and software as a service (SaaS) applications. This encouraged businesses to adopt XDR solutions to access policies and track threats across the cloud and business networks remotely.

Global Extended Detection And Response Market Segmentation

By Component

Solutions
Services
By Deployment Type

On-premises
Cloud
By Application

Large Enterprises
SMEs

Buy Now - https://www.globalinsightservices.com/checkout/single_user/GIS24377

With Global Insight Services, you receive:

10-year forecast to help you make strategic decisions
In-depth segmentation which can be customized as per your requirements
Free consultation with lead analyst of the report
Excel data pack included with all report purchases
Robust and transparent research methodology
Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

New Report Published by Global Insight Services: https://www.globalinsightservices.com/reports/hydrogen-projects-database/

Contact Us:

Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

This release was published on openPR.