A Top Global NDR Vendor
Sangfor Technologies (300454.SZ) today announced its continued success in the Network Detection and Response (NDR) market. According to the latest Gartner® Market Share: Enterprise Network Equipment by Market Segment, Worldwide, 4Q22 and 2022¹, Sangfor ranked among the Top 5 NDR vendors worldwide by market share in 2022 for its NDR product, Cyber Command.
This latest recognition follows being named as a Representative Vendor for NDR in the 2022 Gartner Market Guide for Network Detection and Response², which we believe further underscores Sangfor's leading role in the global NDR landscape.
We are immensely proud to be ranked among the world’s largest NDR providers for a second year running. Last year's results come on the back of a significant deterioration in market conditions caused by global economic downturn and instability. However, despite the hugely challenging circumstances, everyone at Sangfor rallied around one another to overcome difficulty after difficulty. This is what makes this result extra special and is a testament to the resilience and unwavering spirit of the Sangfor family.
Darren Du, Vice President of Sangfor International Market
Forecasted NDR Market Growth
Global spending on NDR is forecasted to grow steadily in the coming years. According to Garter Forecast Analysis: Enterprise Network Equipment, Worldwide³, the worldwide NDR market was worth $1,403.9M USD in 2022, up 16% from $1,210.2M USD in 2021, with spending forecasted to grow at a CAGR of 12.1% between 2022-2027 to reach $2,488.2M at the end of the period.
Sangfor Cyber Command
Sangfor Cyber Command is a best-in-class Network Detection and Response (NDR) solution that helps organizations accurately detect and respond effectively to advanced and unknown security threats residing in their network.
Cyber Command harnesses the power of artificial intelligence and machine learning to monitor and analyze network-wide traffic in real-time, identifying and alerting security teams to suspicious activity and anomalies. By providing unprecedented visibility of the network environment, Cyber Command empowers security teams to take rapid action to remediate hidden threats, attacks in progress, as well as risks and vulnerabilities. Cyber Command’s built-in SOAR module further enables security teams to automate response actions to detected threats, significantly minimizing the impact caused by security incidents.
With Sangfor Cyber Command, organizations can transform from passive bystanders to active participants in their cyber defense and stay ahead of increasingly sophisticated threats of both today and tomorrow.
To learn more about Sangfor Cyber Command product capabilities, use cases, demo videos, and success stories, please visit the Cyber Command webpage at www.sangfor.com/cybersecurity/products/cyber-command
Source
[1] Gartner, Inc., Market Share: Enterprise Network Equipment by Market Segment, Worldwide, 4Q22 and 2022, By Christian Canales et al., Published March 30, 2023, Revenue basis
[2] Gartner Inc., Market Guide for Network Detection and Response, By Cybersecurity Research Team, Published December 14, 2022, listed as Sangfor
[3] Gartner Inc., Forecast Analysis: Enterprise Network Equipment, Worldwide, By Christian Canales and Naresh Singh, Published May 3, 2023
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About Sangfor Technologies
Sangfor Technologies is an APAC-based, leading global vendor specializing in Cyber Security, Cloud Computing, and IT Infrastructure. Founded in 2000 and publicly listed since 2018 (STOCK CODE: 300454.SZ), Sangfor employs 9,500 employees, operates 60 offices, and serves more than 100,000 customers worldwide, many of them Fortune Global 500 companies, governmental institutions, universities, and schools. Visit us at www.sangfor.com to learn more about Sangfor’s solutions and let Sangfor make Your Digital Transformation Simpler and Secure.
