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CrowdStrike Ranked #1 in Worldwide Modern Endpoint Security Market Shares for Third Consecutive Time

According to IDC, CrowdStrike had largest increases in endpoint revenue and market shares out of 26 vendors in the report CrowdStrike also named a winner for

articleCrowdstrike Holdings, Inc.February 16, 20235/company/crowdstrike-holdings-inc/news/crowdstrike-ranked-1-in-worldwide-modern-endpoint-security-market-shares-for-third
CrowdStrike Ranked #1 in Worldwide Modern Endpoint Security Market Shares for Third Consecutive Time

About this update from Crowdstrike Holdings, Inc.

[{"type":"text","content":"\n\nAccording to IDC, CrowdStrike had largest increases in endpoint revenue and market shares out of 26 vendors in the report\n\n\nCrowdStrike also named a winner for 2023 SE Labs Award for Best EDR for third consecutive time\n\n\n AUSTIN, Texas--(BUSINESS WIRE)--\nCrowdStrike (Nasdaq: CRWD), a leader in cloud-delivered protection of endpoints, cloud workloads, identity and data, today announced it ranked #1 in IDC’s Worldwide Modern Endpoint Security Market Shares, July 2021-June 2022 report. According to IDC, CrowdStrike produced the largest increases in endpoint revenue and market shares – out of 26 vendors in the report. This is the third consecutive time that IDC has ranked CrowdStrike #1 in worldwide modern endpoint security market shares.\n\nIDC’s definition of the worldwide modern endpoint security market includes Endpoint Detection and Response (EDR), Endpoint Protection Platform (EPP), capabilities to strengthen the secure posture of end-user devices and vendor-provided Managed Detection and Response (MDR). IDC states that the “correlated factors of a widening attack surface and the pain threat actors can cause are at the foundation of accelerating market demand. Security buyers, in turn, are spending more on endpoint security and related technologies and vendor-provided managed services.”\n\n\"In addition to the heightened emphasis on vendor-provided MDR offerings, modern endpoint security vendors are also engaged in the preliminary stages of the battle for XDR supremacy. In 2023 and beyond, IDC anticipates vendors will shift from promoting their XDR readiness to demonstrating tangible proof of XDR's multifaceted value. Included in this value demonstration is the following: sharpening organizations' understanding of cyber-risk and the pathways to structurally reduce that risk, improving performance metrics (e.g., mean time to detect, investigate, and respond), and curbing the impact of cybersecurity's technology sprawl on organizations' overall security expenditures and collective complexity,\" according to Michael Suby, research vice president, Security and Trust at IDC.\n\n“The recognition from IDC reinforces CrowdStrike as the market leader in endpoint security, outpacing 26 vendors in the report that range from pure-play security vendors to software vendors like Microsoft,” said Michael Sentonas, president at Crow...

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