PR97025

LONDON, July 20, 2022 /PRNewswire=KYODO JBN/ --

The Extended Detection and Response (XDR) market segment is set to grow in

global revenue by more than 800% in five years, ultimately reaching $3.022bn by

the end of 2026, according to the Fundamentals of Comprehensive Extended

Detection and Response (CXDR) report, part of Omdia's Enterprise Cybersecurity

Operations (SecOps) Intelligence Service (

https://omdia.tech.informa.com/products/security-operations-intelligence-service

).

Photo - https://mma.prnewswire.com/media/1859532/Omdia_XDR.jpg

With revenue of approximately $364mn in 2021, Omdia projects XDR segment

revenue will increase at a compound annual growth rate of more than 56% through

2026. Omdia believes XDR is likely to become the largest single market segment

by revenue in SecOps by the end of the decade.

This growth will be fostered by several specific drivers, most notably the need

for unified, enterprise-grade cybersecurity threat detection, investigation,

and response (TDIR) capabilities across key areas of the IT estate, including

endpoints, networks, and cloud environments.

"The reality is that, to date, most enterprise TDIR solutions, including SIEM,

SOAR, and even EDR, have largely underperformed, often failing to consistently

and quickly identify dangerous, costly cybersecurity threats," said Eric

Parizo, Managing Principal Analyst (

https://omdia.tech.informa.com/authors/eric-parizo ) and Lead Analyst for

Omdia's SecOps Intelligence Service.

"While XDR today remains overlooked, misunderstood, and even derided by some,

Omdia believes XDR is the cybersecurity industry's best hope to empower

enterprises with the powerful, innovative technology they need to keep pace

with the broad and evolving scope of adversaries they face."

Developed in 2018 by Omdia Senior Principal Analyst Rik Turner, XDR is an

enterprise-grade TDIR solution that offers a guided human-analyst experience

across the entire lifecycle, from telemetry gathering and analysis, to alerting

and investigation, to remediation-response, validation, and process improvement.

Parizo said CXDR will establish itself as perhaps the most effective way for

struggling SecOps programs weighed down by legacy solutions to get a "shot in

the arm," delivering all the contemporary TDIR capabilities that make a real

difference in finding and fixing cybersecurity threats quickly and effectively.

Parizo concludes, "Even though CXDR will be a heavy lift for many

organizations, it also has the potential to 'democratize' enterprise-grade TDIR

capabilities, making it possible for organizations of all sizes to effectively

defend themselves against cyberthreats."

About Omdia:

Omdia is a leading research and advisory group focused on the technology

industry. With clients operating in over 120 countries, Omdia provides

market-critical data, analysis, advice, and custom consulting.

Contact:

Fasiha Khan / T: +44 7503 666806 / E: fasiha.khan@omdia.com

Visit Omdia (

https://omdia.tech.informa.com/?utm_source=media&utm_medium=pressrelease&utm_campaign=AImarketmaturity

)

SOURCE Omdia