Description

From an extremely competitive and fast-growing field of more than 70 extended detection and response (XDR) participants globally with revenue greater than $1.0 million, Frost & Sullivan independently plotted 17 of the top companies in this Frost Radar™ analysis.

In 2023, XDR is showing impressive revenue growth in the cybersecurity industry after 66.5% growth in 2022 and a projected compound annual growth rate of 31.2% from 2022 to 2025—a testament to XDR’s capabilities and how they address many cybersecurity pain points.

Organizations want visibility, integration, analytics, flexibility, and automation, and XDR’s ability to address these demands allows it to thrive and flourish in the extremely competitive cybersecurity market. Over the last three years, vendors have updated their strategies to offer more competitive solutions and deliver high-end security to their customers.

Frost & Sullivan analyzes numerous companies in an industry. Those selected for further analysis based on their leadership or other distinctions are benchmarked across 10 Growth and Innovation criteria to reveal their position on the Frost Radar™. The publication presents competitive profiles of each company on the Frost Radar™ considering their strengths and the opportunities that best fit those strengths.