The Europe Extended Detection And Response Market would witness market growth of 18.9% CAGR during the forecast period (2021-2027).
The growing demand for real-time monitoring and analysis of advanced threats is driving businesses to adopt security solutions that expand threat detection capabilities beyond endpoints to numerous security control points like the cloud, servers, emails, and networks. This is encouraging the adoption of XDR technologies, which enable security analysts to view a variety of threats by allowing behavioral and telemetry analysis across many security levels. Furthermore, by providing targeted incident responses, the usage of XDR technologies lowers downtime on essential servers.
Prioritization, automation, speedier detection, and more visibility and context are all features of this software. XDR is available from a variety of organizations in a variety of categories. VMware, for example, offers three forms of XDR: telemetry and data analysis, reaction, and detection. Because of the rising use of technologies like IoT and cloud, cyber security concerns and challenges with securing personal data are on the rise. This has increased the demand for a complete solution that extends surveillance and detection capabilities across a wide range of security control points.
Some of the key trends of the regional Extended Detection and Response Market are an increase in the number of internet security initiatives and related investments by large organizations in countries like the United Kingdom, France, Germany, Spain, Italy, and others.
The retail business has entered the digital age with the advent of E-commerce over two decades ago, allowing retailers to acquire more information on their customers. In addition, Retail is dealing with a flood of data supplied by numerous channel modes, such as social media sites, blogs, and data created by different apps. Moreover, most of the unorganized data produced goes wasted, despite the fact that it contains significant information. The E-commerce channel was only the beginning of the digital transition. Kiosks, point-of-sale (POS) systems, and mobile gadgets are among the many linked technologies that have made their way into physical stores, all of which are designed to collect and access customer data.
The Germany market dominated the Europe Extended Detection And Response Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $89.9 million by 2027. The UK market is poised to grow at a CAGR of 18% during (2021 - 2027). Additionally, The France market would display a CAGR of 19.8% during (2021 - 2027).
Based on Component, the market is segmented into Solution and Services. Based on Deployment Type, the market is segmented into On-premises and Cloud. Based on Application, the market is segmented into Large Enterprises and Small & Medium Enterprises (SMEs). Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Extended Detection and Response Market Size will Hit $1.6 Billion by 2027, at a CAGR of 19.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include McAfee Corp., Microsoft Corporation, Cynet Security, Bitdefender SRL, Fidelis Cybersecurity, Inc., SentinelOne, BENQ, Palo Alto Networks, Inc., and Sophos Group PLC.
By Component
By Deployment Type
By Application
By Country
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