Extended Detection and Response Market

The global XDR market size is projected to grow from USD 1.7 billion in 2023 to USD 8.8 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 38.4% during the forecast period. Key factors such as the evolving cyber threat landscape; the need for real-time monitoring, visibility, analysis, and response across the security stack; and the shift from EDR to XDR support the growing demand of the XDR market.

List of Top Embedded AI Companies in 2024 include

• Trend Micro (Japan)
• Microsoft (US)
• Bitdefender (Romania)
• Palo Alto Networks (US)
• CrowdStrike (US)

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Trend Micro (Japan) is a prominent vendor in the XDR market. Trend Micro, a Japanese cybersecurity company, provides a wide range of advanced threat defense strategies designed for environments such as AWS, Microsoft, and Google, as well as central visibility for better, faster detection and reaction. The cybersecurity platform from Trend Micro safeguards individuals and companies across clouds, networks, devices, and endpoints with decades of security knowledge, worldwide threat analysis, and ongoing innovation. The company offers Trend Micro Vision One and Managed XDR services for Extended Detection and Response. Trend Vision One integrates XDR with powerful risk management tools and dynamic zero trust. It continuously monitors and evaluates an organization’s security posture, with custom role-based dashboard views for prioritized insights. Trend Micro applies XDR analytics to activity data from its native solutions to produce actionable alerts and comprehensive incident views. Users can hunt for active threats using various search methods and leverage automated intelligence to detect new indicators of compromise. Trend Micro XDR works across multiple security vectors, breaking down silos and optimizing security operations through a single pane of glass. Trend Micro Vision One applies XDR analytics to the activity data from its native solutions to produce actionable alerts and comprehensive incident views. On the other hand, Trend Micro Managed XDR and incident response services for support across the XDR solution and customer life cycle. Globally, a strong vendor presence is one of the essential factors leading to a good market share in the XDR market.

Apart from large and SME vendors, start-ups such as LMNTRIX, Confluera, Cynet, and Stella Cyber are also evolving in the XDR market.

Another critical player in the XDR market is Microsoft (US), one of the key developers and manufacturers of computer software, personal computers, and consumer electronics. The company operates through three primary business segments: Productivity and Business Processes, Personal Computing, and Intelligent Cloud. Microsoft 365 Defender is the XDR solution combined with the SIEM capabilities to help organizations fight external threats and cyberattacks and modernize security operations. The combination of SIEM and XDR provides end-to-end threat visibility across all segments. It prioritizes the attack alerts with the help of automation to proactively hunt and implement threat prevention. It provides incident-level visibility at every stage of an attack, enabling automatic disruption of even the most sophisticated threats and accelerated response times across endpoints, identities, emails, applications, and data. Endpoints are empowered to efficiently discover and secure both endpoint and network devices, while identities are managed and secured, even in hybrid environments. Cloud apps benefit from enhanced visibility and data control against advanced threats.

Bitdefender, headquartered in Romania, plays a significant role in the Extended Detection and Response (XDR) market with its advanced cybersecurity solutions. Leveraging its expertise in endpoint protection, network security, and cloud security, Bitdefender offers integrated XDR capabilities that provide comprehensive threat detection, response, and remediation across diverse IT environments. Their solutions incorporate AI-driven technologies for proactive threat hunting, real-time incident analysis, and automated response actions, ensuring organizations have robust defense mechanisms against sophisticated cyber threats. Bitdefender's presence in the XDR market underscores its commitment to delivering scalable, efficient, and effective security solutions tailored to meet the evolving needs of global enterprises and SMBs alike.

Palo Alto Networks stands out in the XDR market with Cortex XDR, their solution that bridges the gap between network and endpoint security. This combined view allows for a more comprehensive understanding of potential threats. By leveraging their expertise in both areas, Palo Alto Networks offers a strong XDR solution suited for organizations seeking to unify their security posture and threat detection across these traditionally siloed environments.

CrowdStrike (US) is a major player in the XDR market with Falcon XDR. They differentiate themselves by offering a cloud-native XDR platform that emphasizes real-time threat protection. This cloud-based approach ensures scalability and flexibility, while their focus on real-time protection allows for quicker response to emerging threats. This makes CrowdStrike's XDR solution a compelling choice for organizations seeking a modern, agile security platform.

Related Reports:

Extended Detection and Response Market by Offering (Solutions and Services), Deployment Mode (Cloud and On-premises), Organization Size (SMEs and Large Enterprises), Vertical (BFSI, Government, Retail & eCommerce) and Region - Global Forecast to 2028