Global Extended Detection and Response (XDR) Market - XDR Market Thriving in Competitive Cybersecurity Space

Dublin, Aug. 22, 2023 (GLOBE NEWSWIRE) -- The "Global Extended Detection and Response (XDR) Growth Opportunities" report has been added to's offering.

XDR, a vendor-agnostic solution, amalgamates data from a wide range of security controls, providing security teams with the ability to detect, investigate, and respond to threats in a holistic manner. Core promises of XDR include cross-layered detection and response, meaningful automation, and third-party integration.

The report notes that security vendors approach XDR in several ways, focusing on open, native, or hybrid strategies. XDR is the result of the evolution of diverse solutions; companies have developed their products with XDR functionality from various starting points, such as endpoint detection and response (EDR), security orchestration, automation and response (SOAR) solutions, or threat intelligence platforms.

Despite initial underdelivery, XDR has seen significant improvement over the past two years. Utilizing Machine Learning (ML) algorithms, AI, and predictive capabilities, XDR has managed to address previous shortcomings in automation and third-party integration.

The report underscores XDR's current success, high adoption rates, and revenue growth, pointing to its ability to meet the demands for visibility, integration, analytics, flexibility, and automation within the cybersecurity market. Although XDR vendors have updated their strategies and delivered high-end security solutions, there remains room for further enhancements, investments, and innovation.

The comprehensive report covers a wide range of topics, including strategic imperatives, growth opportunity analysis, and detailed insights for Chief Information Security Officers (CISOs). It also identifies several growth opportunities such as simplifying XDR to increase adoption, enhancing third-party integration, and developing automation features.

Key Topics Covered:

1. Strategic Imperatives

  • The Impact of the Top Three Strategic Imperatives on the XDR Industry

2. Growth Opportunity Analysis

  • Overview
  • Key Promises
  • Evolution
  • Scope of Analysis
  • Key Competitors
  • Growth Metrics
  • Growth Drivers
  • Growth Restraints
  • Forecast Assumptions
  • Revenue Forecast
    • Revenue Forecast by Region
    • Revenue Forecast by Company Size
    • Revenue Forecast by Industry Vertical
    • Revenue Forecast Analysis
  • Pricing Trends and Forecast Analysis
  • Competitive Environment

3. Growth Opportunity Universe

  • Growth Opportunity 1 - Simplifying XDR to Increase Adoption and Counter the Lack of Cybersecurity Talent
  • Growth Opportunity 2 - Hybridizing and Opening Up XDR to Make it Less Reliant on Native Integration
  • Growth Opportunity 3 - Enhancing Third-party Integration to Rival Native Integration Simplicity
  • Growth Opportunity 4 - Including Collaborative Practices and Features to Multiply XDR's Value
  • Growth Opportunity 5 - Continuing the Development and Addition of Automation Features

4. Insights for CISOs

  • How is XDR Different from SIEM and SOAR?
  • Considering Different Approaches to XDR

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