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Omdia reveals XDR market set to exceed $3bn in revenue in 2026

LONDON, July 19, 2022 /PRNewswire/ 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. 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 ....

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