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Extended Detection And Response Market Size Is Anticipated To Reach USD 3,409.8 Million By 2030

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  San Francisco, 27 Feb 2023:  The Report  Extended Detection And Response Market  Size, Share & Trends Analysis Report By Component (Solutions, Services), By Deployment Type, By Application (Large Enterprises, SMEs), By Region, And Segment Forecasts, 2023 - 2030 The global extended detection and response market size is expected to reach USD 3,409.8 million by 2030 and is expected to expand at 20.7% CAGR from 2023 to 2030, according to a study conducted by Grand View Research, Inc. The extended detection and response (XDR) market benefits from the increasing adoption of Bring Your Own Device (BYOD) and business mobility trends across organizations, the need to reduce IT security risks, and the rising enterprise-targeted cyber-attacks across the globe. Extended detection and response (XDR) solutions aid security professionals to visualize cyber threat patterns holistically. Furthermore, XDR tools help normalize and centralize data in a central repository to evaluate data security in