Exhaustive secondary research was done to collect information on the Extended Detection and Response (XDR) industry. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain using primary research. Different approaches, such as top-down and bottom-up, were employed to estimate the total market size. After that, the market breakup and data triangulation procedures were used to estimate the size of the segments and subsegments of the Extended Detection and Response (XDR) market.
Secondary Research
The market for companies offering Extended Detection and Response (XDR) platforms and services is arrived at by secondary data available through paid and unpaid sources, analyzing the product portfolios of the major companies in the ecosystem, and rating the companies by their performance and quality. Various sources were referred to in the secondary research process to identify and collect information for this study. The secondary sources include annual reports, press releases, investor presentations of companies, white papers, journals, certified publications, and articles from recognized authors, directories, and databases.
Various secondary sources were referred to in the secondary research process to identify and collect information related to the study. Secondary sources included annual reports, press releases, and investor presentations of Extended Detection and Response (XDR) vendors, forums, certified publications, and whitepapers. The secondary research was used to obtain essential information on the industry’s value chain, the total pool of key players, market classification, and segmentation from the market and technology-oriented perspectives.
Primary Research
In the primary research process, various supply and demand sources were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side included industry experts, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), marketing directors, technology and innovation directors, and related key executives from various key companies and organizations operating in the Extended Detection and Response (XDR) market.
After the complete market engineering (calculations for market statistics, market breakdown, market size estimations, market forecasting, and data triangulation), extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. Primary research was also undertaken to identify the segmentation types, industry trends, competitive landscape of Extended Detection and Response (XDR) platforms offered by various market players, and fundamental market dynamics, such as drivers, restraints, opportunities, challenges, industry trends, and key player strategies.
In the complete market engineering process, the top-down and bottom-up approaches and several data triangulation methods were extensively used to perform the market estimation and market forecasting for the overall market segments and subsegments listed in this report. Extensive qualitative and quantitative analysis was performed on the complete market engineering process to list the key information/insights throughout the report.
Note: The companies have been categorized based on their total annual revenue; tier 1 companies = revenue
greater than USD 10 billion; tier 2 companies = revenue between USD 1 billion and USD 10 billion; tier 3 companies = revenue between
USD 500 million and USD 1 billion.
Other levels include sales managers, marketing managers, and product managers.
Source: MarketsandMarkets Analysis
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Top-down and bottom-up approaches were used to estimate and validate the size of the global Extended Detection and Response (XDR) market and the size of various other dependent subsegments. The research methodology used to estimate the market size includes the following details: key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure included the study of the annual and financial reports of the top market players, and extensive interviews were conducted for key insights from the industry leaders, such as CEOs, VPs, directors, and marketing executives.
All percentage splits and breakdowns were determined using secondary sources and verified through primary sources. All possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. This data is consolidated and added to detailed input and analysis from MarketsandMarkets.
Extended Detection and Response (XDR) Market : Top-Down and Bottom-Up Approach
Data Triangulation
After arriving at the overall market size using the market size estimation processes explained above, the market was split into several segments and subsegments. The data triangulation and market breakup procedures were employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment. The data was triangulated by studying various factors and trends from both the demand and supply sides.
Market Definition
Extended Detection and Response (XDR) is the analysis of data using tools and techniques to generate meaningful information about existing or emerging threats targeting the organization that helps mitigate risks. Extended Detection and Response (XDR) helps organizations make faster, more informed security decisions and change their behavior from reactive to proactive to combat attacks.
Stakeholders
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XDR Solution Vendors
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Managed Security Service Providers (MSSPs) and MDR Providers
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Cloud Service Providers (CSPs)
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Technology Integrators & Security Consultants
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End-user Organizations
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Regulators & Standards Bodies
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Channel Partners & Distributors
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Security Tool & Data Integration Partners
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AI & Analytics Technology Providers
Report Objectives
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To describe and forecast the global Extended Detection and Response (XDR) market by offering, attack surface, deployment mode, organization size, vertical, and region
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To forecast the market size of the four main regions: North America, Europe, Asia Pacific (APAC), and the Rest of the World
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To provide detailed information related to significant factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market
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To analyze the subsegments of the market concerning individual growth trends, prospects, and contributions to the overall market
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To profile the key players of the Extended Detection and Response (XDR) market and comprehensively analyze their market shares and core competencies
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To analyze the opportunities in the market for stakeholders and provide the competitive landscape details of major players
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To map the companies to get competitive intelligence based on company profiles, key player strategies, and game-changing developments such as product developments, collaborations, and acquisitions
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To track and analyze the competitive developments, such as product enhancements and launches, acquisitions, partnerships, and collaborations, in the Extended Detection and Response (XDR) market globally
Available Customizations
With the given market data, MarketsandMarkets offers customizations based on company-specific needs. The following customization options are available for the report:
Geographic Analysis as per Feasibility
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Further breakup of the Asia Pacific market into countries contributing 75% to the regional market size
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Further breakup of the North American market into countries contributing 75% to the regional market size
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Further breakup of the European market into countries contributing 75% to the regional market size
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Further breakup of the Rest of the World market into regions or countries, contributing 75% to the regional market size
Company Information
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Detailed analysis and profiling of additional market players (up to 5)
Growth opportunities and latent adjacency in Extended Detection and Response (XDR) Market