SecurityWorldMarket

04/09/2020

Extrahop ranked 3rd in world by Gartner

Seattle, Wa

In less than three years Extrahop has the third highest global market share by revenue in 2019 in the Network Detection and Response (NDR) segment, according to Gartner’s Market Share: Enterprise Network Equipment Market Share Worldwide, 2020.

According to Extrahop, what is even more notable from the company's standpoint is the revenue change from 2018 to 2019 of 382% listed for Extrahop, the highest in the Network Detection and Response segment.

From the Gartner Hype Cycle for Security Operations, 2020, Extrahop quotes, “Security and risk management leaders are unable to prepare for every eventuality and, therefore, must make intelligent, business-driven decisions about which security operations technologies they choose to manage the risks to their organisation.”

According to Extrahop, it's growth numbers are a result of arming security leaders and practitioners with the intelligence they need to make informed decisions quickly to stop a threat before an adversary can breach the network.

“We are excited that Gartner has recognised the NDR market and are tracking its growth,” said Bryce Hein, Chief Marketing Officer, Extrahop. “The Gartner Hype Cycle for Security Operations, 2020 gave network detection and response a “high” benefit rating, and we are encouraged to see this matches our customer experience and success with NDR.”


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