XDR Market Set to Reach $38.09 Billion by 2031
The Extended Detection and Response (XDR) market is poised to experience rapid growth, according to a report by MarketsandMarkets. The market is projected to reach $38.09 billion by 2031, growing at a Compound Annual Growth Rate (CAGR) of 28.2% during the forecast period.
The increasing reliance on cloud applications and hybrid identities has led to a rise in identity-based attack exposure, driving organizations to adopt XDR solutions. Microsoft notes that non-human identities can be highly privileged and increasingly important to modern workflows. XDR extends detection beyond device-level telemetry by connecting identity behavior with other security signals.
The native XDR segment is expected to hold the largest market share during the forecast period, driven by organizations seeking integrated detection and response across multiple security domains. Native XDR platforms combine telemetry from endpoints, networks, cloud environments, identities, email, and applications within a unified vendor ecosystem.