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Additional Info

Websitehttp://www.extrahop.com
Company size (employees)100 to 499
Headquarters RegionNorth America

In 3 bullets, summarize why this company is different from the competition and deserves recognition:

- The NDR category is Gartner-recognized as one of the up and coming categories that enterprises should be paying attention to in the near future
- The NDR category is a growing market, with +67% growth YoY
- ExtraHop is the fastest growing company in the NDR market, with 382.8% growth

Brief Overview

The network detection and response (NDR) market has exploded in popularity as enterprises realize the power that their network data could have if they adopt best-of-breed tools to harness it. According to Gartner, the market size of the network detection and response category market is $630M and grew by +67% YoY from 2018 to 2019. The category also moved out of the “trough of disillusionment” into the “slope of enlightenment” in the Gartner Hype Cycle, signaling the growth of the market and the need for the solutions offered by market leading products in the category.

In the NDR category, ExtraHop had the third highest percentage of market share with 382.2% revenue increase from 2018 to 2019, making it the fastest-growing company in the NDR category. In fact, the other two market share leaders saw a decrease in market share. ExtraHop controls 11.2% of the NDR market share, according to 2019 revenues.