Despite a huge decline in the sales of products during the initial phase of pandemic spread and lockdown restrictions all over the region, the market is observed to pick up a quick pace for registering a CAGR of almost more than 19.8 %, during the tenure of 2021 – 2027.
The Asia Pacific region held second largest share of xx% in 2020. As a result of increased technological innovation in Japan and China the primary drivers driving regional market growth are raising IT spending and an increase in the amount of data breaches. Asia Pacific is the largest IoT market in terms of connections, according to the GSM Association. As a result, the demand for XDR solutions to secure data across companies, whether on IoT devices, in the cloud, in email, or on-premises servers, is expected to rise.
The report published by Maximize encompasses the market dynamics, which could affect the market growth of Extended Detection & Response in the region, the Value – Chain analysis, and the PORTER’s analysis for the Extended Detection & Response market at a global level.
As enterprises were driven to adopt a remote working culture during the epidemic, digitization and automation in security monitoring and threat detection gained traction. XDR systems assist security analysts drastically minimise the time spent on repetitive tasks, training, and giving support by delivering real-time security and workflow management features.
The study is consolidated on the basis of segments and further into sub-segments by component (Solutions, Services) deployment (On-premises, Cloud) application (Large Enterprises, SMEs).
Lastly, the market research report provides a regional comparison and a complete country level analysis for the latest trends, along with the major key players– McAfee, LLC, Trend Micro Incorporated., Microsoft, Palo Alto Networks., Cybereason, Broadcom, Cynet, Vectra AI, SentinelOne, Symantec, Armor Cloud Security, Bitdefender, Cisco, Elastic, Huntsman, CrowdStrike, TEHTRIS, Microsoft, SentinelOne, Vectra AI, VMware Carbon Black.
You can browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Extended Detection & Response Market.”
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