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Extended Detection and Response Market

Cloud-based extended detection and response market size is anticipated to witness robust CAGR from 2023-2032 driven by benefits, including scalability and flexibility. The surging obligation for accommodating the rising data volumes as well as processing requirements without significant hardware investments has compelled several organizations to scale their XDR infrastructure. To that end, the growing focus of numerous industry players on innovations will influence the segment expansion. For instance, in February 2022, Cybereason developed Cybereason XDR for Cloud Workloads to assist organiza

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Extended Detection and Response Market

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  1. Extended Detection and Response Market Growth Analysis & Forecast Report | 2023-2032

  2. Industry Insights The growing burden of cyber threats and their sophistication across various industries is likely to favor the industry growth. It has been estimated that in 2022, India witnessed 13.91 lakh cyber security incidents. With cybersecurity threats becoming more persistent and complex, the limitations of traditional security solutions have surged in detecting and responding to advanced threats. Consequently, the rising popularity of XDR solutions in providing comprehensive and proactive approaches to threat detection and response while leveraging advanced analytics and automation in identifying and mitigating threats more effectively will influence the market expansion.

  3. Cloud-based extended detection and response market size is anticipated to witness robust CAGR from 2023-2032 driven by benefits, including scalability and flexibility. The surging obligation for accommodating the rising data volumes as well as processing requirements without significant hardware investments has compelled several organizations to scale their XDR infrastructure. To that end, the growing focus of numerous industry players on innovations will influence the segment expansion. For instance, in February 2022, Cybereason developed Cybereason XDR for Cloud Workloads to assist organizations in protecting their cloud workloads as well as containers across hybrid and native cloud environments at petabyte scale. • Extended detection and response industry size from the SMEs organisation size segment is slated to record significant CAGR from 2023-2032 propelled by the surging number of large-scale start-ups across the globe. The surging number of mobile and web-based applications for businesses has prompted the higher adoption of XDR solutions for identifying security gaps and mitigating the incidences of cyber risks.

  4. Regional Analysis Europe extended detection and response market size is poised to record over 19.5% CAGR from 2023-2032. The rapid growth of healthcare, finance, and critical infrastructure has led to the surge in unique security requirements in these sectors. As per GTAI (Germany Trade and Invest), financial services as well as insurance providers contributed nearly EUR 122 billion to GDP in 2021. The rising number of financial fraud and cyberattacks that target the banking systems will further drive the adoption of XDR in the financial space. • Competitive Analysis • Barracuda Networks, Bitdefender, Cybereason, Cynet, Blueshift, CrowdStrike, eSentire, Palo Alto Networks, and Qualys. 

  5. Extended Detection and Response Market @ https://www.gminsights.com/industry-analysis/extended-detection-and-response-xdr-market Request for sample of this research report @ https://www.gminsights.com/request-sample/detail/5505 Request for customization: https://www.gminsights.com/roc/5505

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