Global Extended Detection And Response Market to Reach $8.32 Billion by 2029, Growing at 31.2% CAGR

What Is the Expected Size and Growth Rate of the Extended Detection And Response Market?
The extended detection and response market has grown exponentially in recent years. It will grow from $2.12 billion in 2024 to $2.81 billion in 2025, reflecting a CAGR of 32.3%. This growth is driven by the demand for integrated security platforms, the rise in remote work, regulatory compliance, a focus on proactive threat hunting, and the increased deployment of MXDR solutions across SMEs and large enterprises needing advanced security solutions.

The extended detection and response market is set for exponential growth, reaching $8.32 billion by 2029 at a CAGR of 31.2%. The growth is driven by the adoption of cloud-based security solutions, rising cyber threats, AI and machine learning for threat detection, IoT expansion, and the increasing need for XDR solutions. Trends include AI advancements, deployment of MXDR solutions, integration with AI and machine learning, and continued technological innovation.

What Factors Are Fueling Growth in the Extended Detection And Response Market?
The rise in cyber threats and sophisticated attacks is expected to drive the growth of the extended detection and response market. Cyber threats are malicious activities targeting computer systems and networks, while sophisticated attacks are carried out by skilled attackers exploiting vulnerabilities. The evolution of technology outpaces security measures, increasing the need for extended detection and response solutions. These solutions provide centralized visibility of security data to help organizations improve their security posture. For example, in 2022, the Department for Science, Innovation, and Technology reported that 11% of UK businesses and 8% of charities were affected by cybercrime, with this figure rising in 2023. Therefore, the rise in cyber threats is driving the extended detection and response market.

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Which Leading Companies Are Shaping the Growth of the Extended Detection And Response Market?
Major companies operating in the extended detection and response market are Microsoft Corporation, accenture* PLC, Cisco Systems Inc., Ernst & Young Global Limited, Oracle Corporation, Broadcom Inc., Tata Consultancy Services Limited, VMware LLC, Atos SE, Palo Alto Networks Inc., Fortinet Inc., McAfee LLC, Trend Micro Inc., Elasticsearch B.V., Kaspersky Lab Italia Srl, BlackBerry Limited, Cybereason Inc., Sophos LTD., Sentinel Labs Inc., Cynet Security LTD., Fidelis Cybersecurity Inc., Red Piranha Limited, Bitdefender SRL, Musarubra US LLC, Optiv Security Inc.

What Are the Major Trends Shaping the Extended Detection And Response Market?
Leading companies in the extended detection and response market are focused on creating innovative solutions, such as the Trend Vision One platform, to enhance cyber resilience. This platform incorporates next-generation extended detection and response (XDR) capabilities to detect and respond to cyber threats across various environments, including email, network, server, cloud, and IoT. For instance, in June 2023, Trend Micro Inc., a UK-based cybersecurity software company, launched the Trend Vision One platform, a next-generation extended detection and response platform with AI capabilities. The platform offers advanced XDR features, integrating native security sensors for comprehensive, cross-domain threat protection, and utilizing AI and machine learning analytics to correlate detection models from both internal and external data sources.

What Are the Key Segments of the Extended Detection And Response Market?
The extended detection and response market covered in this report is segmented -

1) By Component: Solutions, Services
2) By Deployment Mode: On-Premises, Cloud-Based, Hybrid
3) By Organization Size: Large Enterprises, Small And Medium-Sized Enterprises (SMEs)
4) By Vertical: Banking, Financial Services And Insurance (BFSI), Government, Manufacturing, Energy And Utilization, Healthcare, Information Technology (IT) And Telecommunication, Retail And Commerce, Other Verticals

Subsegments:
1) By Solutions: Endpoint Detection And Response (EDR), Network Detection And Response (NDR), Cloud Detection And Response (CDR), Data Loss Prevention (DLP), Threat Intelligence
2) By Services: Managed Detection And Response (MDR), Consulting Services, Integration Services, Training And Support Services

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Which Region Dominates the Extended Detection And Response Market?
North America was the largest region in the extended detection and response market in 2024. The regions covered in the extended detection and response market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Extended Detection And Response Global Market Report?

- Market Size Analysis: Analyze the Extended Detection And Response Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Extended Detection And Response Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Extended Detection And Response Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Extended Detection And Response Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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