Managed Detection and Response (MDR) Market

Managed Detection and Response (MDR) Market by Security Type (Network, Endpoint, Cloud), Deployment Mode (On-Premises and Cloud), Organization Size (SMEs and Large Enterprises), Vertical and Region - Global Forecast to 2028

Report Code: TC 5752 May, 2023, by marketsandmarkets.com

Managed Detection and Response (MDR) Market - Size, Growth, Report & Analysis

[282 Pages Report] The global MDR Market size as per revenue was surpassed $3.3 billion in 2023. It is anticipated to grow at a CAGR of 23.3% in between 2023 to 2028. The revenue forecast for 2028 is set for the valuation of $9.5 billion. The base year for estimation is 2022 and the market size available for the years from 2023 to 2028.

The expansion of the MDR market can be attributed to a range of influential factors including the rise in business email compromise, ransomware, and crypto-jacking incidents, as well as the urgent need to bridge the gap in cybersecurity skills and manage the overwhelming volume of security alerts. Additionally, government regulations and compliance requirements have played a crucial role in driving the adoption of MDR services. Furthermore, the widespread proliferation of technology and the increasing penetration of IoT devices have further contributed to the growth of the MDR market.

Moreover, the managed detection and response market is experiencing growth due to the introduction of AI/ML-powered services, increasing adoption by SMEs, and scalability benefits. These factors contribute to the market's promising growth potential, providing enhanced threat detection and response capabilities and proactive security measures for organizations. Thus, driving the demand for MDR products in the near future.

Managed Detection and Response (MDR) Market

To know about the assumptions considered for the study, Request for Free Sample Report

Managed Detection and Response (MDR) Market

To know about the assumptions considered for the study, download the pdf brochure

COVID-19 Impact

The COVID-19 pandemic has had a significant impact on the managed detection and response market. With the sudden shift to remote work and increased reliance on digital infrastructure, the threat landscape has expanded, leading to a surge in cyberattacks. With the surge in attacks, organizations have become more vulnerable to phishing attempts, ransomware attacks, and other sophisticated threats. As a result, the demand for MDR services has increased as businesses seek to enhance their security posture and protect their sensitive data. Additionally, the MDR providers have been instrumental in helping organizations detect, respond to, and mitigate these evolving threats in real-time. Also, the pandemic has highlighted the critical importance of robust cybersecurity measures, driving the adoption of MDR services across industries. 

Managed Detection and Response Market Dynamics

Driver: Addressing a gap in cybersecurity skills and overwhelming alert volumes

MDR addresses the problem of the cybersecurity skills gap within organizations, offering a solution to the shortage of skilled personnel in the field. Additionally, it helps organizations cope with the overwhelming volume of security alerts and the need to correlate and identify potential threats. MDR services provide access to advanced threat detection and response capabilities at a cost lower than building an in-house specialized security team. This cost-effective approach allows organizations to focus on their core business functions while leaving their cybersecurity needs in the hands of experienced MDR service providers.

Restraint: False positives hinder the effectiveness of MDR services

MDR services can be hindered by the presence of false positives, which can create limitations for businesses. False positives occur when an event is flagged as a security threat by the MDR service provider, but it turns out to be a false alarm. Factors such as improper configuration of detection algorithms, outdated threat intelligence, or lack of context for specific events can contribute to this issue. False positives can have negative implications for organizations, including wasted time and resources spent investigating non-existent threats, alert fatigue, and a decrease in confidence in the reliability and accuracy of the MDR service provider.

Opportunity: Introduction of ML/AI-powered MDR services

In the current dynamic enterprise IT environment, the frequency and complexity of cyberattacks continue to escalate. Traditional MSSPs are facing challenges in adapting to these evolving conditions and effectively countering new and intricate attacks. To address this, advanced next-generation cybersecurity services have emerged, integrating cutting-edge technologies such as ML and behavioral analytics. These services provide proactive threat protection by leveraging real-time contextual awareness, intelligent automation, and swift response capabilities. By deploying AI, ML, and pattern recognition, vendors can automatically update security rules, safeguarding an organization's critical information across networks, endpoints, and applications from advanced threats and vulnerabilities.

Challenge: Potential cyberattacks on MDR service provider's infrastructure

Large enterprises face distinct challenges that set them apart from smaller businesses, such as diverse customer bases, extensive product offerings, and complex internal structures. Safeguarding and managing data to deliver robust security services becomes a critical undertaking for key players in the managed detection and response market. Recognizing these unique demands, MDR and security service providers dedicate resources to ensure information security, swift incident response, and efficient recovery. Adopting a unified approach to security management, these vendors offer comprehensive solutions that cater to the evolving needs of growth-oriented enterprises, safeguarding their IT infrastructure from cyber threats like viruses and malware.

Managed Detection and Response Market Ecosystem

Managed Detection and Response (MDR) Market Size, and Share

By vertical, the IT and ITeS segment is to grow at the highest CAGR during the forecast period

The industry's continuous growth and reliance on technology contribute to an increased vulnerability to cyber threats, necessitating robust cybersecurity measures like MDR. With the growing adoption of cloud computing, IoT, and digital transformation, IT and ITeS organizations face evolving and sophisticated attacks, prompting them to invest in comprehensive MDR services. Furthermore, the need to comply with stringent data protection regulations and safeguard sensitive customer information further drives the demand for MDR solutions in the IT and ITeS segment. As a result, the IT and ITeS industry experiences significant growth in the MDR market, emphasizing the importance of effective cybersecurity practices in protecting valuable assets and ensuring business continuity.

By region, North America accounts for the highest MDR market size during the forecast period

North America accounts for the highest MDR market size due to several key factors. The region has witnessed a surge in cyberattacks, particularly in the US and Canada, which has heightened the demand for robust security solutions like MDR. Additionally, the issuance of security patches by companies like Apple in response to zero-day vulnerabilities has emphasized the need for proactive threat detection and response. Furthermore, the warning from the US Federal Trade Commission about sextortion schemes targeting the LGBTQ+ community on online dating apps has raised awareness about online threats and increased the importance of cybersecurity. Also, the Biden administration's announcement of sanctions on crypto exchanges involved in ransomware activities has underscored the need for effective detection and response capabilities, further driving the adoption of MDR services in North America.

Managed Detection and Response (MDR) Market Size, and Share

Key Market Players

CrowdStrike (US), Rapid7 (US), Red Canary (US), Arctic Wolf (US), Kudelski Security (Switzerland), SentinelOne (US), Proficio (US), Expel (US), Secureworks (US), Alert Logic (US), Trustwave (US), Mandiant (US), Binary Defense (US), Sophos (UK), eSentire (Canada), Deepwatch (US), Netsurion (US), GoSecure (US), LMNTRIX (US), UnderDefense (US), Ackcent (Spain), Cybereason (US), Critical Start (US), Cysiv (US), and Critical Insight (US) are the key players and other players in the MDR market.

Get online access to the report on the World's First Market Intelligence Cloud

  • Easy to Download Historical Data & Forecast Numbers
  • Company Analysis Dashboard for high growth potential opportunities
  • Research Analyst Access for customization & queries
  • Competitor Analysis with Interactive dashboard
  • Latest News, Updates & Trend analysis
Request Sample

Scope of the Report

Report Metrics

Details

MDR Market size available for years

2017-2028

Base year considered

2022

Forecast period

2023–2028

Forecast units

Value (USD Million/USD Billion)    

Segments covered

Security Type, Deployment Mode, Organization Size, Verticals, and Regions

Geographies covered

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America

Companies covered

Major vendors in the global MDR market include CrowdStrike (US), Rapid7 (US), Red Canary (US), Arctic Wolf (US), Kudelski Security (Switzerland), SentinelOne (US), Proficio (US), Expel (US), Secureworks (US), Alert Logic (US), Trustwave (US), Mandiant (US), Binary Defense (US), Sophos (UK), eSentire (Canada), Deepwatch (US), Netsurion (US), GoSecure (US), LMNTRIX (US), UnderDefense (US), Ackcent (Spain), Cybereason (US), Critical Start (US), Cysiv (US), and Critical Insight (US). 

The study categorizes the managed detection and response (MDR) market by security type, deployment mode, organization size, SME type, verticals, and regions.

Managed Detection and Response Market By Security Type:
  • Endpoint Security
  • Network Security
  • Cloud Security
  • Other Security Types (Application security and Database security)
Managed Detection and Response (MDR) Market By Deployment Mode:
  • On-Premises
  • Cloud
MDR Market By Organization Size:
  • SMEs
  • Large Enterprise
Managed Detection and Response (MDR) Market By Vertical
  • BFSI
  • IT and ITeS
  • Government and Defense
  • Energy and Utilities
  • Manufacturing
  • Healthcare
  • Retail and eCommerce
  • Other Verticals (Media and Entertainment, Transport and Logistics, and Education)
Managed Detection and Response (MDR) Market By Region:
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Recent Developments

  1. In April 2023, CrowdStrike (US) launched Falcon Insight for IoT solution that provides endpoint detection and response (EDR) and extended detection and response (XDR) capabilities for XIoT assets, IT endpoints, cloud workloads, identities, and data on a single platform. Organizations can use it to identify ransomware, malware, and other threats across their devices and systems, leverage AI-based threat prevention, and receive custom security policy recommendations for their XIoT assets.
  2. In March 2023, Rapid7 (US) acquired Minerva Labs, Ltd., a leading anti-evasion and ransomware prevention technology provider to further extend Rapid7's MDR capabilities with the ability to orchestrate advanced ransomware prevention.
  3. In January 2022, Red Canary (US) collaborated with Microsoft (US). The company integrated with Microsoft Sentinel and Microsoft Defender for Cloud, enabling it to detect attacks early and stop them more quickly for Microsoft clients. This increased integration will effectively defend against identity-based attacks, enhance cloud security coverage, and operationalize Microsoft's security capabilities.
  4. In December 2022, Kudelski Security (Switzerland) unveiled a new tool named Threat Navigator, a part of its MDR services. This tool enables clients to visualize and understand their current security coverage, receive automated recommendations to improve detection capabilities and gain a deeper understanding of what data and security tooling is required to mitigate risks
  5. In May 2022, Arctic Wolf (US) launched Arctic Wolf Labs, a new research-focused division focused on advancing innovation in the field of security operations. The mission of Arctic Wolf Labs is to develop cutting-edge technology and tools that are designed to enhance the company’s core mission to end cyber risk, while also bringing comprehensive security intelligence to Arctic Wolf’s customer base and the security community at large.

Frequently Asked Questions (FAQ):

 

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 43)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
           1.2.1 INCLUSIONS AND EXCLUSIONS
    1.3 MARKET SCOPE 
           1.3.1 MARKET SEGMENTATION
           1.3.2 REGIONS COVERED
    1.4 YEARS CONSIDERED 
    1.5 CURRENCY CONSIDERED 
           TABLE 1 USD EXCHANGE RATES, 2018–2022
    1.6 STAKEHOLDERS 
    1.7 SUMMARY OF CHANGES 
 
2 RESEARCH METHODOLOGY (Page No. - 48)
    2.1 RESEARCH DATA 
           FIGURE 1 GLOBAL MANAGED DETECTION AND RESPONSE MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
           2.1.2 PRIMARY DATA
                    2.1.2.1 Breakdown of primary interviews
                    2.1.2.2 Key industry insights
    2.2 MARKET BREAKUP AND DATA TRIANGULATION 
           FIGURE 2 MARKET BREAKUP AND DATA TRIANGULATION
    2.3 MARKET SIZE ESTIMATION 
           FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY—APPROACH 1 (SUPPLY SIDE): REVENUE OF SOLUTIONS AND SERVICES
           FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY APPROACH 1:  SUPPLY-SIDE ANALYSIS
           FIGURE 5 MARKET ESTIMATION APPROACH: SUPPLY-SIDE ANALYSIS  (COMPANY REVENUE ESTIMATION)
           FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY APPROACH 1—BOTTOM-UP  (SUPPLY SIDE): COLLECTIVE REVENUE OF ALL SOLUTIONS AND SERVICES
           FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY APPROACH 2—BOTTOM-UP (DEMAND SIDE): PRODUCTS/SOLUTIONS/SERVICES
    2.4 MARKET FORECAST 
           TABLE 2 FACTOR ANALYSIS
    2.5 RECESSION IMPACT AND RESEARCH ASSUMPTIONS 
           2.5.1 RECESSION IMPACT
           2.5.2 RESEARCH ASSUMPTIONS
    2.6 LIMITATIONS 
           FIGURE 8 LIMITATIONS
 
3 EXECUTIVE SUMMARY (Page No. - 58)
    TABLE 3 MANAGED DETECTION AND RESPONSE MARKET SIZE AND GROWTH RATE,  2017–2022 (USD MILLION, Y-O-Y %) 
    TABLE 4 MARKET SIZE AND GROWTH RATE,  2023–2028 (USD MILLION, Y-O-Y %) 
    FIGURE 9 GLOBAL MARKET SIZE AND Y-O-Y GROWTH RATE 
    FIGURE 10 NORTH AMERICA TO HOLD LARGEST MARKET SHARE IN 2023 
 
4 PREMIUM INSIGHTS (Page No. - 62)
    4.1 ATTRACTIVE MARKET OPPORTUNITIES IN MANAGED DETECTION AND RESPONSE MARKET 
           FIGURE 11 MANAGED SERVICES TO ADDRESS SHORTAGE OF SKILLED CYBERSECURITY PROFESSIONALS
    4.2 MARKET SHARE OF TOP THREE VERTICALS AND REGIONS, 2023 
           FIGURE 12 BFSI SEGMENT AND NORTH AMERICA TO HOLD LARGEST MARKET SHARES
    4.3 MARKET, TOP THREE SECURITY TYPES, 2023–2028 
           FIGURE 13 ENDPOINT SECURITY SEGMENT TO HOLD LARGEST MARKET SHARE IN 2023
    4.4 MARKET,  BY DEPLOYMENT MODE, 2023–2028 
           FIGURE 14 CLOUD SEGMENT TO HOLD LARGER MDR MARKET SHARE DURING FORECAST PERIOD
    4.5 MARKET,  BY ORGANIZATION SIZE, 2023–2028 
           FIGURE 15 SMALL AND MEDIUM-SIZED ENTERPRISES SEGMENT TO HOLD LARGER MARKET SHARE DURING FORECAST PERIOD
    4.6 MARKET INVESTMENT SCENARIO, BY REGION 
           FIGURE 16 ASIA PACIFIC TO EMERGE AS BEST MARKET FOR INVESTMENT IN NEXT FIVE YEARS
 
5 MARKET OVERVIEW AND INDUSTRY TRENDS (Page No. - 65)
    5.1 INTRODUCTION 
           FIGURE 17 BENEFITS GAINED BY ORGANIZATION USING MANAGED DETECTION AND RESPONSE SERVICES
    5.2 MARKET DYNAMICS 
           FIGURE 18 MANAGED DETECTION AND RESPONSE MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           5.2.1 DRIVERS
                    5.2.1.1 Growing incidents of business email compromise, ransomware, and crypto-jacking threats
                    5.2.1.2 Addressing gap in cybersecurity skills and overwhelming alert volumes
                    5.2.1.3 Government regulations and need for compliance to drive adoption of MDR services
                    5.2.1.4 Technological proliferation and increasing penetration of IoT
           5.2.2 RESTRAINTS
                    5.2.2.1 Lack of trust in third-party applications
                    5.2.2.2 Cost of MDR services to be inhibitor for organizations
                    5.2.2.3 False positives to hinder effectiveness of MDR services
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Introduction of ML/AI-powered MDR services
                    5.2.3.2 Increasing adoption of MDR across SMEs
                    5.2.3.3 The benefits of scalability for MDR services
           5.2.4 CHALLENGES
                    5.2.4.1 Lack of modern IT infrastructure
                    5.2.4.2 Potential cyberattacks on MDR service provider's infrastructure
    5.3 USE CASES 
           5.3.1 TOP INSURANCE ANNUITY COMPANY BENEFITS FROM ESENTIRE’S 24/7 THREAT DETECTION, RESPONSE AND CLOUD SECURITY POSTURE MANAGEMENT
           5.3.2 CANADIAN FINANCIAL SERVICES FIRM USES ARCTIC WOLF’S MDR SERVICES TO MONITOR IT ENVIRONMENT
           5.3.3 ALERT LOGIC HELPS IODINE SOFTWARE SECURE IN-PATIENT HEALTHCARE DATA AND MEET COMPLIANCE MANDATES
           5.3.4 SECUREWORKS TO SUPPORT IN STRENGTHENING CYBERSECURITY FOR GKN WHEELS AND STRUCTURES
           5.3.5 GLOBAL INVESTMENT FIRM USES MDR SERVICES TO PROTECT PROPRIETARY INFORMATION AND PRIVATE DATA
    5.4 VALUE CHAIN ANALYSIS 
           FIGURE 19 VALUE CHAIN: MDR MARKET
    5.5 ECOSYSTEM 
           FIGURE 20 ECOSYSTEM: MDR MARKET
    5.6 PORTER’S FIVE FORCES ANALYSIS 
           FIGURE 21 PORTER’S FIVE FORCES ANALYSIS: MDR MARKET
           TABLE 5 PORTER’S FIVE FORCES IMPACT ANALYSIS
           5.6.1 THREAT FROM NEW ENTRANTS
           5.6.2 BARGAINING POWER OF SUPPLIERS
           5.6.3 BARGAINING POWER OF BUYERS
           5.6.4 THREAT OF SUBSTITUTES
           5.6.5 INTENSITY OF COMPETITIVE RIVALRY
    5.7 PRICING MODEL ANALYSIS 
           5.7.1 SELLING PRICES OF KEY PLAYERS, BY TEAM SIZE AND ENDPOINT
                    TABLE 6 SELLING PRICES OF KEY PLAYERS (USD)
    5.8 TECHNOLOGY ANALYSIS 
           5.8.1 EXPANSION IN API SECURITY MONITORING
           5.8.2 INTEGRATION WITH EDGE SECURITY
           5.8.3 ENDPOINT DETECTION AND RESPONSE (EDR) TOOLS
           5.8.4 NETWORK TRAFFIC ANALYSIS (NTA) TOOLS
           5.8.5 ARTIFICIAL INTELLIGENCE (AI) AND MACHINE LEARNING (ML)
    5.9 PATENT ANALYSIS 
           FIGURE 22 PATENT ANALYSIS: MDR MARKET
    5.10 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS BUSINESS 
           FIGURE 23 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS BUSINESS:  MDR MARKET
    5.11 TARIFF AND REGULATORY LANDSCAPE 
           5.11.1 PAYMENT CARD INDUSTRY DATA SECURITY STANDARD (PCI–DSS)
           5.11.2 HEALTH INSURANCE PORTABILITY AND ACCOUNTABILITY ACT (HIPAA)
           5.11.3 FEDERAL INFORMATION SECURITY MANAGEMENT ACT (FISMA)
           5.11.4 GRAMM-LEACH-BLILEY ACT (GLBA)
           5.11.5 SARBANES-OXLEY ACT (SOX)
           5.11.6 INTERNATIONAL ORGANIZATION FOR STANDARDIZATION (ISO) STANDARD 27001
           5.11.7 EUROPEAN UNION GENERAL DATA PROTECTION REGULATION  (EU GDPR)
           5.11.8 FFIEC CYBERSECURITY ASSESSMENT TOOL
           5.11.9 NIST CYBERSECURITY FRAMEWORK
                    5.11.10 DEFENSE FEDERAL ACQUISITION REGULATION SUPPLEMENT (DFARS)
                    5.11.11 INFORMATION TECHNOLOGY INFRASTRUCTURE LIBRARY (ITIL)
                    5.11.12 CSA STAR
                    5.11.13 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                               TABLE 7 LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    5.12 KEY STAKEHOLDERS AND BUYING CRITERIA 
           5.12.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 24 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS (%)
                    TABLE 8 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS (%)
    5.13 KEY CONFERENCES AND EVENTS, 2022–2023 
                    TABLE 9 CONFERENCES AND EVENTS, 2023
 
6 MANAGED DETECTION AND RESPONSE MARKET, BY SERVICE TYPE (Page No. - 89)
    6.1 INTRODUCTION 
    6.2 PROTECTIVE MONITORING 
    6.3 PRIORITIZATION OF THREATS AND ALERTS 
    6.4 THREAT HUNTING 
    6.5 MANAGED INVESTIGATION SERVICES 
    6.6 GUIDED RESPONSE 
    6.7 MANAGED REMEDIATION 
 
7 MANAGED DETECTION AND RESPONSE MARKET,  BY SECURITY TYPE (Page No. - 91)
    7.1 INTRODUCTION 
           FIGURE 25 CLOUD SECURITY SEGMENT TO RECORD HIGHEST GROWTH RATE DURING FORECAST PERIOD
           TABLE 10 MARKET, BY SECURITY TYPE,  2017–2022 (USD MILLION)
           TABLE 11 MARKET, BY SECURITY TYPE,  2023–2028 (USD MILLION)
    7.2 ENDPOINT SECURITY 
           7.2.1 RISING DEMAND TO CURB THEFTS USING IIOT SECURITY MEASURES
           7.2.2 ENDPOINT SECURITY: MARKET DRIVERS
                    TABLE 12 ENDPOINT SECURITY: MDR MARKET SHARE, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 13 ENDPOINT SECURITY: MARKET, BY REGION, 2023–2028 (USD MILLION)
    7.3 NETWORK SECURITY 
           7.3.1 INCREASING BYOD TREND TO GENERATE GREATER DEMAND FOR CYBERSECURITY SOLUTIONS
           7.3.2 NETWORK SECURITY: MANAGED DETECTION AND RESPONSE MARKET DRIVERS
                    TABLE 14 NETWORK SECURITY: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 15 NETWORK SECURITY: MARKET, BY REGION, 2023–2028 (USD MILLION)
    7.4 CLOUD SECURITY 
           7.4.1 INCREASED DEMAND FROM SMES FOR CLOUD-BASED HEALTHCARE SOLUTIONS
           7.4.2 CLOUD SECURITY: MARKET DRIVERS
                    TABLE 16 CLOUD SECURITY: MARKET, BY REGION,  2017–2022 (USD MILLION)
                    TABLE 17 CLOUD SECURITY: MARKET, BY REGION,  2023–2028 (USD MILLION)
    7.5 OTHER SECURITY TYPES 
           TABLE 18 OTHER SECURITY TYPES: MDR MARKET SIZE,  BY REGION, 2017–2022 (USD MILLION)
           TABLE 19 OTHER SECURITY TYPES: MARKET, BY REGION, 2023–2028 (USD MILLION)
 
8 MANAGED DETECTION AND RESPONSE MARKET,  BY DEPLOYMENT MODE (Page No. - 99)
    8.1 INTRODUCTION 
           FIGURE 26 CLOUD DEPLOYMENT MODE SEGMENT TO ACCOUNT FOR LARGER MARKET DURING FORECAST PERIOD
           TABLE 20 MDR MARKET SHARE, BY DEPLOYMENT MODE,  2017–2022 (USD MILLION)
           TABLE 21 MARKET, BY DEPLOYMENT MODE,  2023–2028 (USD MILLION)
    8.2 ON-PREMISES 
           8.2.1 CUSTOMIZATION OF ON-PREMISES SOLUTION DEPLOYMENT TO BOOST DEMAND
           8.2.2 ON-PREMISES: MARKET DRIVERS
                    TABLE 22 ON-PREMISES: MARKET, BY REGION,  2017–2022 (USD MILLION)
                    TABLE 23 ON-PREMISES: MARKET, BY REGION,  2023–2028 (USD MILLION)
    8.3 CLOUD 
           8.3.1 COST OPTIMIZATION, SCALABILITY, AND FLEXIBILITY OF CLOUD DEPLOYMENT TO DRIVE DEMAND
           8.3.2 CLOUD: MARKET DRIVERS
                    TABLE 24 CLOUD: MARKET, BY REGION,  2017–2022 (USD MILLION)
                    TABLE 25 CLOUD: MARKET, BY REGION,  2023–2028 (USD MILLION)
 
9 MANAGED DETECTION AND RESPONSE MARKET,  BY ORGANIZATION SIZE (Page No. - 104)
    9.1 INTRODUCTION 
           FIGURE 27 SMALL AND MEDIUM-SIZED ENTERPRISES TO ACCOUNT FOR LARGER MARKET DURING FORECAST PERIOD
           TABLE 26 MARKET, BY ORGANIZATION SIZE,  2017–2022 (USD MILLION)
           TABLE 27 MARKET, BY ORGANIZATION SIZE,  2023–2028 (USD MILLION)
    9.2 SMALL AND MEDIUM-SIZED ENTERPRISES 
           9.2.1 FLEXIBILITY AND AFFORDABILITY TO BOOST SALES OF SECURITY SOLUTIONS
           9.2.2 SMALL AND MEDIUM-SIZED ENTERPRISES: MARKET DRIVERS
                    TABLE 28 SMALL AND MEDIUM-SIZED ENTERPRISES MARKET, BY REGION,  2017–2022 (USD MILLION)
                    TABLE 29 SMALL AND MEDIUM-SIZED ENTERPRISES MARKET, BY REGION,  2023–2028 (USD MILLION)
           9.2.3 CUSTOMIZATION: SMALL AND MEDIUM-SIZED ENTERPRISES SUB TYPES
                    TABLE 30 MDR MARKET SIZE, BY SMALL AND MEDIUM-SIZED ENTERPRISES SUB TYPE, 2017–2022 (USD MILLION)
                    TABLE 31 MARKET, BY SMALL AND MEDIUM-SIZED ENTERPRISES SUB TYPE, 2023–2028 (USD MILLION)
                    TABLE 32 SMALL-SIZED ENTERPRISES: MARKET,  BY REGION, 2017–2022 (USD MILLION)
                    TABLE 33 SMALL-SIZED ENTERPRISES: MARKET,  BY REGION, 2023–2028 (USD MILLION)
                    TABLE 34 MEDIUM-SIZED ENTERPRISES: MARKET,  BY REGION, 2017–2022 (USD MILLION)
                    TABLE 35 MEDIUM-SIZED ENTERPRISES: MARKET,  BY REGION, 2023–2028 (USD MILLION)
    9.3 LARGE ENTERPRISES 
           9.3.1 RISING CONCERNS ABOUT REGULATORY COMPLIANCE TO FUEL ADOPTION OF MDR SERVICES
           9.3.2 LARGE ENTERPRISES: MARKET DRIVERS
                    TABLE 36 LARGE ENTERPRISES: MDR MARKET SHARE, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 37 LARGE ENTERPRISES: MARKET, BY REGION, 2023–2028 (USD MILLION)
 
10 MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL (Page No. - 111)
     10.1 INTRODUCTION 
               FIGURE 28 BFSI TO ACCOUNT FOR LARGEST MARKET SIZE DURING FORECAST PERIOD
               TABLE 38 MARKET, BY VERTICAL,  2017–2022 (USD MILLION)
               TABLE 39 MARKET, BY VERTICAL,  2023–2028 (USD MILLION)
     10.2 BFSI 
             10.2.1 RISING DEMAND FOR DATA PROTECTION SERVICES IN BANKING COMPANIES TO DRIVE MARKET
             10.2.2 BFSI: MARKET DRIVERS
                       TABLE 40 BFSI: MANAGED DETECTION AND RESPONSE (MDR) MARKET SIZE, BY REGION,  2017–2022 (USD MILLION)
                       TABLE 41 BFSI: MARKET, BY REGION,  2023–2028 (USD MILLION)
     10.3 IT AND ITES 
             10.3.1 GROWING CONCERNS OF FRAUD AND COMPLIANCE TO PROPEL MARKET
             10.3.2 IT AND ITES: MANAGED DETECTION AND RESPONSE MARKET DRIVERS
                       TABLE 42 IT AND ITES: MARKET, BY REGION,  2017–2022 (USD MILLION)
                       TABLE 43 IT AND ITES: MDR MARKET SHARE, BY REGION,  2023–2028 (USD MILLION)
     10.4 GOVERNMENT AND DEFENSE 
             10.4.1 RISING CONCERNS ABOUT IDENTITY THEFT AND BUSINESS FRAUD TO FUEL MARKET GROWTH
             10.4.2 GOVERNMENT AND DEFENSE: MARKET DRIVERS
                       TABLE 44 GOVERNMENT AND DEFENSE: MARKET,  BY REGION, 2017–2022 (USD MILLION)
                       TABLE 45 GOVERNMENT AND DEFENSE: MARKET,  BY REGION, 2023–2028 (USD MILLION)
     10.5 ENERGY AND UTILITIES 
             10.5.1 NEED TO SECURE CRITICAL INFRASTRUCTURE TO FUEL SEGMENT GROWTH
             10.5.2 ENERGY AND UTILITIES: MARKET DRIVERS
                       TABLE 46 ENERGY AND UTILITIES: MARKET, BY REGION, 2017–2022 (USD MILLION)
                       TABLE 47 ENERGY AND UTILITIES: MARKET, BY REGION, 2023–2028 (USD MILLION)
     10.6 MANUFACTURING 
             10.6.1 MOBILE SECURITY TO BOOST MANAGED SECURITY INFRASTRUCTURE
             10.6.2 MANUFACTURING: MANAGED DETECTION AND RESPONSE MARKET DRIVERS
                       TABLE 48 MANUFACTURING: MARKET, BY REGION,  2017–2022 (USD MILLION)
                       TABLE 49 MANUFACTURING: MARKET, BY REGION,  2023–2028 (USD MILLION)
     10.7 HEALTHCARE 
             10.7.1 NEED TO SECURE CRITICAL PATIENT DATA ACROSS CLOUD ENVIRONMENT TO BOOST SEGMENT GROWTH
             10.7.2 HEALTHCARE: MARKET DRIVERS
                       TABLE 50 HEALTHCARE: MARKET, BY REGION,  2017–2022 (USD MILLION)
                       TABLE 51 HEALTHCARE: MARKET, BY REGION,  2023–2028 (USD MILLION)
     10.8 RETAIL AND ECOMMERCE 
             10.8.1 AUTOMATION ACROSS RETAIL CHANNELS FOR CURBING DATA THEFT TO PROPEL MARKET
             10.8.2 RETAIL AND ECOMMERCE: MARKET DRIVERS
                       TABLE 52 RETAIL AND ECOMMERCE: MARKET, BY REGION, 2017–2022 (USD MILLION)
                       TABLE 53 RETAIL AND ECOMMERCE: MARKET, BY REGION, 2023–2028 (USD MILLION)
     10.9 OTHER VERTICALS 
               TABLE 54 OTHER VERTICALS: MDR MARKET SIZE, BY REGION,  2017–2022 (USD MILLION)
               TABLE 55 OTHER VERTICALS: MARKET, BY REGION,  2023–2028 (USD MILLION)
 
11 MANAGED DETECTION AND RESPONSE MARKET, BY REGION (Page No. - 124)
     11.1 INTRODUCTION 
               FIGURE 29 ASIA PACIFIC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
               TABLE 56 MARKET, BY REGION,  2017–2022 (USD MILLION)
               TABLE 57 MARKET, BY REGION,  2023–2028 (USD MILLION)
     11.2 NORTH AMERICA 
             11.2.1 NORTH AMERICA: MARKET DRIVERS
             11.2.2 NORTH AMERICA: RECESSION IMPACT
             11.2.3 NORTH AMERICA: REGULATORY LANDSCAPE
                       FIGURE 30 NORTH AMERICA: MANAGED DETECTION AND RESPONSE MARKET SNAPSHOT
                       TABLE 58 NORTH AMERICA: MARKET, BY SECURITY TYPE, 2017–2022 (USD MILLION)
                       TABLE 59 NORTH AMERICA: MARKET, BY SECURITY TYPE, 2023–2028 (USD MILLION)
                       TABLE 60 NORTH AMERICA: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                       TABLE 61 NORTH AMERICA: MDR MARKET SHARE, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                       TABLE 62 NORTH AMERICA: MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                       TABLE 63 NORTH AMERICA: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                       TABLE 64 NORTH AMERICA: MANAGED DETECTION AND RESPONSE (MDR) MARKET SIZE, BY VERTICAL,  2017–2022 (USD MILLION)
                       TABLE 65 NORTH AMERICA: MARKET, BY VERTICAL,  2023–2028 (USD MILLION)
                       TABLE 66 NORTH AMERICA: MARKET, BY COUNTRY,  2017–2022 (USD MILLION)
                       TABLE 67 NORTH AMERICA: MARKET, BY COUNTRY,  2023–2028 (USD MILLION)
             11.2.4 US
                       11.2.4.1 Presence of major solution vendors and expensive cyberattacks to drive market
                                   TABLE 68 US: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2017–2022 (USD MILLION)
                                   TABLE 69 US: MARKET, BY SECURITY TYPE,  2023–2028 (USD MILLION)
                                   TABLE 70 US: MARKET, BY DEPLOYMENT MODE,  2017–2022 (USD MILLION)
                                   TABLE 71 US: MARKET, BY DEPLOYMENT MODE,  2023–2028 (USD MILLION)
                                   TABLE 72 US: MARKET, BY ORGANIZATION SIZE,  2017–2022 (USD MILLION)
                                   TABLE 73 US: MDR MARKET SIZE, BY ORGANIZATION SIZE,  2023–2028 (USD MILLION)
                                   TABLE 74 US: MARKET, BY VERTICAL,  2017–2022 (USD MILLION)
                                   TABLE 75 US: MARKET, BY VERTICAL,  2023–2028 (USD MILLION)
             11.2.5 CANADA
                       11.2.5.1 Technological advancements and stringent regulations
                                   TABLE 76 CANADA: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2017–2022 (USD MILLION)
                                   TABLE 77 CANADA: MARKET, BY SECURITY TYPE,  2023–2028 (USD MILLION)
                                   TABLE 78 CANADA: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                                   TABLE 79 CANADA: MDR MARKET SIZE, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                                   TABLE 80 CANADA: MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                                   TABLE 81 CANADA: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                                   TABLE 82 CANADA: MARKET, BY VERTICAL,  2017–2022 (USD MILLION)
                                   TABLE 83 CANADA: MANAGED DETECTION AND RESPONSE (MDR) MARKET SIZE, BY VERTICAL,  2023–2028 (USD MILLION)
     11.3 EUROPE 
             11.3.1 EUROPE: MARKET DRIVERS
             11.3.2 EUROPE: RECESSION IMPACT
             11.3.3 EUROPE: REGULATORY LANDSCAPE
                       TABLE 84 EUROPE: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2017–2022 (USD MILLION)
                       TABLE 85 EUROPE: MARKET, BY SECURITY TYPE,  2023–2028 (USD MILLION)
                       TABLE 86 EUROPE: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                       TABLE 87 EUROPE: MDR MARKET SIZE, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                       TABLE 88 EUROPE: MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                       TABLE 89 EUROPE: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                       TABLE 90 EUROPE: MARKET, BY VERTICAL,  2017–2022 (USD MILLION)
                       TABLE 91 EUROPE: MARKET, BY VERTICAL,  2023–2028 (USD MILLION)
                       TABLE 92 EUROPE: MARKET, BY COUNTRY,  2017–2022 (USD MILLION)
                       TABLE 93 EUROPE: MARKET, BY COUNTRY,  2023–2028 (USD MILLION)
             11.3.4 UK
                       11.3.4.1 Initiatives by government to prevent attacks
                                   TABLE 94 UK: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2017–2022 (USD MILLION)
                                   TABLE 95 UK: MARKET, BY SECURITY TYPE,  2023–2028 (USD MILLION)
                                   TABLE 96 UK: MANAGED DETECTION AND RESPONSE (MDR) MARKET SIZE, BY DEPLOYMENT MODE,  2017–2022 (USD MILLION)
                                   TABLE 97 UK: MARKET, BY DEPLOYMENT MODE,  2023–2028 (USD MILLION)
                                   TABLE 98 UK: MARKET, BY ORGANIZATION SIZE,  2017–2022 (USD MILLION)
                                   TABLE 99 UK: MARKET, BY ORGANIZATION SIZE,  2023–2028 (USD MILLION)
                                   TABLE 100 UK: MARKET, BY VERTICAL,  2017–2022 (USD MILLION)
                                   TABLE 101 UK: MARKET, BY VERTICAL,  2023–2028 (USD MILLION)
             11.3.5 GERMANY
                       11.3.5.1 Robust economy and digitalization of healthcare industry by government
                                   TABLE 102 GERMANY: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2017–2022 (USD MILLION)
                                   TABLE 103 GERMANY: MARKET, BY SECURITY TYPE,  2023–2028 (USD MILLION)
                                   TABLE 104 GERMANY: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                                   TABLE 105 GERMANY: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                                   TABLE 106 GERMANY: MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                                   TABLE 107 GERMANY: MDR MARKET SHARE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                                   TABLE 108 GERMANY: MARKET, BY VERTICAL,  2017–2022 (USD MILLION)
                                   TABLE 109 GERMANY: MDR MARKET SIZE, BY VERTICAL,  2023–2028 (USD MILLION)
             11.3.6 FRANCE
                       11.3.6.1 Highly digital and technologically advanced country with rampant cybersecurity attacks
                                   TABLE 110 FRANCE: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2017–2022 (USD MILLION)
                                   TABLE 111 FRANCE: MARKET, BY SECURITY TYPE,  2023–2028 (USD MILLION)
                                   TABLE 112 FRANCE: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                                   TABLE 113 FRANCE: MDR MARKET SHARE, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                                   TABLE 114 FRANCE: MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                                   TABLE 115 FRANCE: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                                   TABLE 116 FRANCE: MDR MARKET SIZE, BY VERTICAL,  2017–2022 (USD MILLION)
                                   TABLE 117 FRANCE: MARKET, BY VERTICAL,  2023–2028 (USD MILLION)
             11.3.7 REST OF EUROPE
                       TABLE 118 REST OF EUROPE: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE, 2017–2022 (USD MILLION)
                       TABLE 119 REST OF EUROPE: MARKET, BY SECURITY TYPE, 2023–2028 (USD MILLION)
                       TABLE 120 REST OF EUROPE: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                       TABLE 121 REST OF EUROPE: MANAGED DETECTION AND RESPONSE (MDR) MARKET SIZE, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                       TABLE 122 REST OF EUROPE: MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                       TABLE 123 REST OF EUROPE: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                       TABLE 124 REST OF EUROPE: MARKET, BY VERTICAL,  2017–2022 (USD MILLION)
                       TABLE 125 REST OF EUROPE: MARKET, BY VERTICAL,  2023–2028 (USD MILLION)
     11.4 ASIA PACIFIC 
             11.4.1 ASIA PACIFIC: MARKET DRIVERS
             11.4.2 ASIA PACIFIC: RECESSION IMPACT
             11.4.3 ASIA PACIFIC: REGULATORY LANDSCAPE
                       FIGURE 31 ASIA PACIFIC: MANAGED DETECTION AND RESPONSE MARKET SNAPSHOT
                       TABLE 126 ASIA PACIFIC: MDR MARKET SIZE, BY SECURITY TYPE, 2017–2022 (USD MILLION)
                       TABLE 127 ASIA PACIFIC: MARKET, BY SECURITY TYPE, 2023–2028 (USD MILLION)
                       TABLE 128 ASIA PACIFIC: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                       TABLE 129 ASIA PACIFIC: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                       TABLE 130 ASIA PACIFIC: MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                       TABLE 131 ASIA PACIFIC: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                       TABLE 132 ASIA PACIFIC: MARKET, BY VERTICAL,  2017–2022 (USD MILLION)
                       TABLE 133 ASIA PACIFIC: MARKET, BY VERTICAL,  2023–2028 (USD MILLION)
                       TABLE 134 ASIA PACIFIC: MARKET, BY COUNTRY,  2017–2022 (USD MILLION)
                       TABLE 135 ASIA PACIFIC: MARKET, BY COUNTRY,  2023–2028 (USD MILLION)
             11.4.4 CHINA
                       11.4.4.1 Managed security services to boost manufacturing vertical
                                   TABLE 136 CHINA: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2017–2022 (USD MILLION)
                                   TABLE 137 CHINA: MARKET, BY SECURITY TYPE,  2023–2028 (USD MILLION)
                                   TABLE 138 CHINA: MARKET, BY DEPLOYMENT MODE,  2017–2022 (USD MILLION)
                                   TABLE 139 CHINA: MARKET, BY DEPLOYMENT MODE,  2023–2028 (USD MILLION)
                                   TABLE 140 CHINA: MANAGED DETECTION AND RESPONSE (MDR) MARKET SIZE, BY ORGANIZATION SIZE,  2017–2022 (USD MILLION)
                                   TABLE 141 CHINA: MARKET, BY ORGANIZATION SIZE,  2023–2028 (USD MILLION)
                                   TABLE 142 CHINA: MARKET, BY VERTICAL,  2017–2022 (USD MILLION)
                                   TABLE 143 CHINA: MARKET, BY VERTICAL,  2023–2028 (USD MILLION)
             11.4.5 JAPAN
                       11.4.5.1 Innovative initiatives to be taken by government
                                   TABLE 144 JAPAN: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2017–2022 (USD MILLION)
                                   TABLE 145 JAPAN: MARKET, BY SECURITY TYPE,  2023–2028 (USD MILLION)
                                   TABLE 146 JAPAN: MDR MARKET SHARE, BY DEPLOYMENT MODE,  2017–2022 (USD MILLION)
                                   TABLE 147 JAPAN: MARKET, BY DEPLOYMENT MODE,  2023–2028 (USD MILLION)
                                   TABLE 148 JAPAN: MARKET, BY ORGANIZATION SIZE,  2017–2022 (USD MILLION)
                                   TABLE 149 JAPAN: MARKET, BY ORGANIZATION SIZE,  2023–2028 (USD MILLION)
                                   TABLE 150 JAPAN: MDR MARKET SHARE, BY VERTICAL,  2017–2022 (USD MILLION)
                                   TABLE 151 JAPAN: MARKET, BY VERTICAL,  2023–2028 (USD MILLION)
             11.4.6 AUSTRALIA AND NEW ZEALAND
                       11.4.6.1 Excellent infrastructure to support endpoint security measures
                                   TABLE 152 AUSTRALIA AND NEW ZEALAND: MANAGED DETECTION AND RESPONSE MARKET,  BY SECURITY TYPE, 2017–2022 (USD MILLION)
                                   TABLE 153 AUSTRALIA AND NEW ZEALAND: MARKET,  BY SECURITY TYPE, 2023–2028 (USD MILLION)
                                   TABLE 154 AUSTRALIA AND NEW ZEALAND: MARKET,  BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                                   TABLE 155 AUSTRALIA AND NEW ZEALAND: MARKET,  BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                                   TABLE 156 AUSTRALIA AND NEW ZEALAND: MDR MARKET SIZE,  BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                                   TABLE 157 AUSTRALIA AND NEW ZEALAND: MARKET,  BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                                   TABLE 158 AUSTRALIA AND NEW ZEALAND: MARKET,  BY VERTICAL, 2017–2022 (USD MILLION)
                                   TABLE 159 AUSTRALIA AND NEW ZEALAND: MARKET,  BY VERTICAL, 2023–2028 (USD MILLION)
             11.4.7 INDIA
                       11.4.7.1 Fastest-developing country with increased digitalization
                                   TABLE 160 INDIA: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2017–2022 (USD MILLION)
                                   TABLE 161 INDIA: MARKET, BY SECURITY TYPE,  2023–2028 (USD MILLION)
                                   TABLE 162 INDIA: MARKET, BY DEPLOYMENT MODE,  2017–2022 (USD MILLION)
                                   TABLE 163 INDIA: MARKET, BY DEPLOYMENT MODE,  2023–2028 (USD MILLION)
                                   TABLE 164 INDIA: MANAGED DETECTION AND RESPONSE (MDR) MARKET SIZE, BY ORGANIZATION SIZE,  2017–2022 (USD MILLION)
                                   TABLE 165 INDIA: MARKET, BY ORGANIZATION SIZE,  2023–2028 (USD MILLION)
                                   TABLE 166 INDIA: MARKET, BY VERTICAL,  2017–2022 (USD MILLION)
                                   TABLE 167 INDIA: MARKET, BY VERTICAL,  2023–2028 (USD MILLION)
             11.4.8 REST OF ASIA PACIFIC
                       TABLE 168 REST OF ASIA PACIFIC: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE, 2017–2022 (USD MILLION)
                       TABLE 169 REST OF ASIA PACIFIC: MARKET, BY SECURITY TYPE, 2023–2028 (USD MILLION)
                       TABLE 170 REST OF ASIA PACIFIC: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                       TABLE 171 REST OF ASIA PACIFIC: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                       TABLE 172 REST OF ASIA PACIFIC: MARKET,  BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                       TABLE 173 REST OF ASIA PACIFIC: MARKET,  BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                       TABLE 174 REST OF ASIA PACIFIC: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                       TABLE 175 REST OF ASIA PACIFIC: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
     11.5 MIDDLE EAST & AFRICA 
             11.5.1 MIDDLE EAST & AFRICA: MARKET DRIVERS
             11.5.2 MIDDLE EAST & AFRICA: RECESSION IMPACT
             11.5.3 MIDDLE EAST & AFRICA: REGULATORY LANDSCAPE
                       TABLE 176 MIDDLE EAST & AFRICA: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE, 2017–2022 (USD MILLION)
                       TABLE 177 MIDDLE EAST & AFRICA: MARKET, BY SECURITY TYPE, 2023–2028 (USD MILLION)
                       TABLE 178 MIDDLE EAST & AFRICA: MARKET,  BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                       TABLE 179 MIDDLE EAST & AFRICA: MARKET,  BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                       TABLE 180 MIDDLE EAST & AFRICA: MARKET,  BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                       TABLE 181 MIDDLE EAST & AFRICA: MARKET,  BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                       TABLE 182 MIDDLE EAST & AFRICA: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                       TABLE 183 MIDDLE EAST & AFRICA: MDR MARKET SIZE, BY VERTICAL, 2023–2028 (USD MILLION)
                       TABLE 184 MIDDLE EAST & AFRICA: MARKET,  BY COUNTRY, 2017–2022 (USD MILLION)
                       TABLE 185 MIDDLE EAST & AFRICA: MARKET,  BY COUNTRY, 2023–2028 (USD MILLION)
             11.5.4 KSA
                       11.5.4.1 Increased investment and modernization of security systems
                                   TABLE 186 KSA: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2017–2022 (USD MILLION)
                                   TABLE 187 KSA: MARKET, BY SECURITY TYPE,  2023–2028 (USD MILLION)
                                   TABLE 188 KSA: MARKET, BY DEPLOYMENT MODE,  2017–2022 (USD MILLION)
                                   TABLE 189 KSA: MARKET, BY DEPLOYMENT MODE,  2023–2028 (USD MILLION)
                                   TABLE 190 KSA: MARKET, BY ORGANIZATION SIZE,  2017–2022 (USD MILLION)
                                   TABLE 191 KSA: MARKET, BY ORGANIZATION SIZE,  2023–2028 (USD MILLION)
                                   TABLE 192 KSA: MARKET, BY VERTICAL,  2017–2022 (USD MILLION)
                                   TABLE 193 KSA: MARKET, BY VERTICAL,  2023–2028 (USD MILLION)
             11.5.5 UAE
                       11.5.5.1 Digitalization and modernization to lead to growth of MDR services
                                   TABLE 194 UAE: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2017–2022 (USD MILLION)
                                   TABLE 195 UAE: MARKET, BY SECURITY TYPE,  2023–2028 (USD MILLION)
                                   TABLE 196 UAE: MARKET, BY DEPLOYMENT MODE,  2017–2022 (USD MILLION)
                                   TABLE 197 UAE: MARKET, BY DEPLOYMENT MODE,  2023–2028 (USD MILLION)
                                   TABLE 198 UAE: MARKET, BY ORGANIZATION SIZE,  2017–2022 (USD MILLION)
                                   TABLE 199 UAE: MARKET, BY ORGANIZATION SIZE,  2023–2028 (USD MILLION)
                                   TABLE 200 UAE: MARKET, BY VERTICAL,  2017–2022 (USD MILLION)
                                   TABLE 201 UAE: MARKET, BY VERTICAL,  2023–2028 (USD MILLION)
             11.5.6 SOUTH AFRICA
                       11.5.6.1 Weak networks and lack of robust cybersecurity policies
                                   TABLE 202 SOUTH AFRICA: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE, 2017–2022 (USD MILLION)
                                   TABLE 203 SOUTH AFRICA: MARKET, BY SECURITY TYPE, 2023–2028 (USD MILLION)
                                   TABLE 204 SOUTH AFRICA: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                                   TABLE 205 SOUTH AFRICA: MDR MARKET SHARE, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                                   TABLE 206 SOUTH AFRICA: MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                                   TABLE 207 SOUTH AFRICA: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                                   TABLE 208 SOUTH AFRICA: MARKET, BY VERTICAL,  2017–2022 (USD MILLION)
                                   TABLE 209 SOUTH AFRICA: MARKET, BY VERTICAL,  2023–2028 (USD MILLION)
             11.5.7 REST OF MIDDLE EAST & AFRICA
                       TABLE 210 REST OF MIDDLE EAST & AFRICA: MANAGED DETECTION AND RESPONSE MARKET,  BY SECURITY TYPE, 2017–2022 (USD MILLION)
                       TABLE 211 REST OF MIDDLE EAST & AFRICA: MARKET,  BY SECURITY TYPE, 2023–2028 (USD MILLION)
                       TABLE 212 REST OF MIDDLE EAST & AFRICA: MARKET,  BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                       TABLE 213 REST OF MIDDLE EAST & AFRICA: MARKET,  BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                       TABLE 214 REST OF MIDDLE EAST & AFRICA: MARKET,  BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                       TABLE 215 REST OF MIDDLE EAST & AFRICA: MARKET,  BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                       TABLE 216 REST OF MIDDLE EAST & AFRICA: MARKET,  BY VERTICAL, 2017–2022 (USD MILLION)
                       TABLE 217 REST OF MIDDLE EAST & AFRICA: MARKET,  BY VERTICAL, 2023–2028 (USD MILLION)
     11.6 LATIN AMERICA 
             11.6.1 LATIN AMERICA: MARKET DRIVERS
             11.6.2 LATIN AMERICA: RECESSION IMPACT
             11.6.3 LATIN AMERICA: REGULATORY LANDSCAPE
                       TABLE 218 LATIN AMERICA: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE, 2017–2022 (USD MILLION)
                       TABLE 219 LATIN AMERICA: MARKET, BY SECURITY TYPE, 2023–2028 (USD MILLION)
                       TABLE 220 LATIN AMERICA: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                       TABLE 221 LATIN AMERICA: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                       TABLE 222 LATIN AMERICA: MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                       TABLE 223 LATIN AMERICA: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                       TABLE 224 LATIN AMERICA: MARKET, BY VERTICAL,  2017–2022 (USD MILLION)
                       TABLE 225 LATIN AMERICA: MARKET, BY VERTICAL,  2023–2028 (USD MILLION)
                       TABLE 226 LATIN AMERICA: MARKET, BY COUNTRY,  2017–2022 (USD MILLION)
                       TABLE 227 LATIN AMERICA: MARKET, BY COUNTRY,  2023–2028 (USD MILLION)
             11.6.4 BRAZIL
                       11.6.4.1 Early adopter of technology and hotspot for cybercrime
                                   TABLE 228 BRAZIL: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2017–2022 (USD MILLION)
                                   TABLE 229 BRAZIL: MARKET, BY SECURITY TYPE,  2023–2028 (USD MILLION)
                                   TABLE 230 BRAZIL: MARKET, BY DEPLOYMENT MODE,  2017–2022 (USD MILLION)
                                   TABLE 231 BRAZIL: MARKET, BY DEPLOYMENT MODE,  2023–2028 (USD MILLION)
                                   TABLE 232 BRAZIL: MARKET, BY ORGANIZATION SIZE,  2017–2022 (USD MILLION)
                                   TABLE 233 BRAZIL: MARKET, BY ORGANIZATION SIZE,  2023–2028 (USD MILLION)
                                   TABLE 234 BRAZIL: MARKET, BY VERTICAL,  2017–2022 (USD MILLION)
                                   TABLE 235 BRAZIL: MARKET, BY VERTICAL,  2023–2028 (USD MILLION)
             11.6.5 MEXICO
                       11.6.5.1 Rise in digitization and increased internet penetration to boost market
                                   TABLE 236 MEXICO: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2017–2022 (USD MILLION)
                                   TABLE 237 MEXICO: MARKET, BY SECURITY TYPE,  2023–2028 (USD MILLION)
                                   TABLE 238 MEXICO: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                                   TABLE 239 MEXICO: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                                   TABLE 240 MEXICO: MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                                   TABLE 241 MEXICO: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                                   TABLE 242 MEXICO: MARKET, BY VERTICAL,  2017–2022 (USD MILLION)
                                   TABLE 243 MEXICO: MARKET, BY VERTICAL,  2023–2028 (USD MILLION)
             11.6.6 REST OF LATIN AMERICA
                       TABLE 244 REST OF LATIN AMERICA: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE, 2017–2022 (USD MILLION)
                       TABLE 245 REST OF LATIN AMERICA: MARKET, BY SECURITY TYPE, 2023–2028 (USD MILLION)
                       TABLE 246 REST OF LATIN AMERICA: MARKET,  BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                       TABLE 247 REST OF LATIN AMERICA: MARKET,  BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                       TABLE 248 REST OF LATIN AMERICA: MARKET,  BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                       TABLE 249 REST OF LATIN AMERICA: MARKET,  BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                       TABLE 250 REST OF LATIN AMERICA: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                       TABLE 251 REST OF LATIN AMERICA: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
 
12 COMPETITIVE LANDSCAPE (Page No. - 208)
     12.1 OVERVIEW 
     12.2 REVENUE ANALYSIS OF LEADING PLAYERS 
               FIGURE 32 MANAGED DETECTION AND RESPONSE MARKET: REVENUE ANALYSIS
     12.3 MDR MARKET SHARE ANALYSIS OF THE TOP MARKET PLAYERS 
               TABLE 252 MARKET: DEGREE OF COMPETITION
     12.4 HISTORICAL REVENUE ANALYSIS 
               FIGURE 33 HISTORICAL FIVE-YEAR SEGMENTAL REVENUE ANALYSIS OF KEY PUBLIC SECTOR-MANAGED DETECTION AND RESPONSE PROVIDERS
     12.5 RANKING OF KEY PLAYERS 
               FIGURE 34 KEY PLAYERS RANKING
     12.6 EVALUATION MATRIX FOR KEY PLAYERS 
             12.6.1 DEFINITIONS AND METHODOLOGY
                       FIGURE 35 EVALUATION QUADRANT FOR KEY PLAYERS: CRITERIA WEIGHTAGE
                       FIGURE 36 EVALUATION MATRIX FOR KEY PLAYERS, 2023
             12.6.2 STARS
             12.6.3 EMERGING LEADERS
             12.6.4 PERVASIVE PLAYERS
             12.6.5 PARTICIPANTS
     12.7 COMPETITIVE BENCHMARKING 
             12.7.1 KEY COMPANY EVALUATION CRITERIA
                       TABLE 253 KEY COMPANY SERVICE FOOTPRINT
                       TABLE 254 KEY COMPANY INDUSTRY FOOTPRINT
                       TABLE 255 KEY COMPANY REGION FOOTPRINT
                       TABLE 256 KEY COMPANY OVERALL FOOTPRINT
             12.7.2 SME/STARTUP COMPANY EVALUATION CRITERIA
                       TABLE 257 DETAILED LIST OF SME/STARTUP
                       TABLE 258 SME/STARTUP COMPANY SERVICE FOOTPRINT
                       TABLE 259 SME/STARTUP COMPANY INDUSTRY FOOTPRINT
                       TABLE 260 SME/STARTUP COMPANY REGION FOOTPRINT
     12.8 SME/STARTUP COMPANY EVALUATION QUADRANT 
             12.8.1 DEFINITIONS AND METHODOLOGY
                       FIGURE 37 EVALUATION QUADRANT FOR SME/STARTUP: CRITERIA WEIGHTAGE
                       FIGURE 38 EVALUATION MATRIX FOR SME/STARTUP, 2023
             12.8.2 PROGRESSIVE COMPANIES
             12.8.3 RESPONSIVE COMPANIES
             12.8.4 DYNAMIC COMPANIES
             12.8.5 STARTING BLOCKS
     12.9 COMPETITIVE SCENARIO AND TRENDS 
             12.9.1 PRODUCT LAUNCHES AND PRODUCT ENHANCEMENTS
                       TABLE 261 MARKET: PRODUCT/SOLUTION LAUNCHES, 2020–2023
             12.9.2 DEALS
                       TABLE 262 MANAGED DETECTION AND RESPONSE MARKET: DEALS, 2020–2023
 
13 COMPANY PROFILES (Page No. - 227)
     13.1 KEY PLAYERS 
(Business overview, Products/Solutions/Services offered, Recent developments, MnM view, Key strengths, Strategic choices, and Weaknesses and competitive threats)*
             13.1.1 CROWDSTRIKE
                       TABLE 263 CROWDSTRIKE: BUSINESS OVERVIEW
                       FIGURE 39 CROWDSTRIKE: COMPANY SNAPSHOT
                       TABLE 264 CROWDSTRIKE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 265 CROWDSTRIKE: PRODUCT LAUNCHES
                       TABLE 266 CROWDSTRIKE: DEALS
             13.1.2 RAPID7
                       TABLE 267 RAPID7: BUSINESS OVERVIEW
                       FIGURE 40 RAPID7: COMPANY SNAPSHOT
                       TABLE 268 RAPID7: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 269 RAPID7: PRODUCT LAUNCHES
                       TABLE 270 RAPID7: DEALS
             13.1.3 RED CANARY
                       TABLE 271 RED CANARY: BUSINESS OVERVIEW
                       TABLE 272 RED CANARY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 273 RED CANARY: PRODUCT LAUNCHES
                       TABLE 274 RED CANARY: DEALS
             13.1.4 ARCTIC WOLF
                       TABLE 275 ARCTIC WOLF: BUSINESS OVERVIEW
                       TABLE 276 ARCTIC WOLF: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 277 ARCTIC WOLF: PRODUCT LAUNCHES
                       TABLE 278 ARCTIC WOLF: DEALS
             13.1.5 KUDELSKI SECURITY
                       TABLE 279 KUDELSKI SECURITY: BUSINESS OVERVIEW
                       TABLE 280 KUDELSKI SECURITY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 281 KUDELSKI SECURITY: PRODUCT LAUNCHES
                       TABLE 282 KUDELSKI SECURITY: DEALS
             13.1.6 SENTINELONE
                       TABLE 283 SENTINELONE: BUSINESS OVERVIEW
                       FIGURE 41 SENTINELONE: COMPANY SNAPSHOT
                       TABLE 284 SENTINELONE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 285 SENTINELONE: DEALS
             13.1.7 PROFICIO
                       TABLE 286 PROFICIO: BUSINESS OVERVIEW
                       TABLE 287 PROFICIO: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 288 PROFICIO: PRODUCT LAUNCHES
                       TABLE 289 PROFICIO: DEALS
             13.1.8 EXPEL
                       TABLE 290 EXPEL: BUSINESS OVERVIEW
                       TABLE 291 EXPEL: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 292 EXPEL: PRODUCT LAUNCHES
             13.1.9 SECUREWORKS
                       TABLE 293 SECUREWORKS: BUSINESS OVERVIEW
                       FIGURE 42 SECUREWORKS: COMPANY SNAPSHOT
                       TABLE 294 SECUREWORKS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 295 SECUREWORKS: PRODUCT LAUNCHES
                       TABLE 296 SECUREWORKS: DEALS
             13.1.10 ALERT LOGIC
                       TABLE 297 ALERT LOGIC: BUSINESS OVERVIEW
                       TABLE 298 ALERT LOGIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 299 ALERT LOGIC: PRODUCT LAUNCHES
                       TABLE 300 ALERT LOGIC: DEALS
     13.2 OTHER PLAYERS 
             13.2.1 TRUSTWAVE
             13.2.2 MANDIANT
             13.2.3 BINARY DEFENSE
             13.2.4 SOPHOS
             13.2.5 ESENTIRE
             13.2.6 DEEPWATCH
             13.2.7 NETSURION
             13.2.8 GOSECURE
             13.2.9 LMNTRIX
             13.2.10 UNDERDEFENSE
             13.2.11 ACKCENT
             13.2.12 CYBEREASON
             13.2.13 CRITICAL START
             13.2.14 CYSIV
             13.2.15 CRITICAL INSIGHT
*Details on Business overview, Products/Solutions/Services offered, Recent developments, MnM view, Key strengths, Strategic choices, and Weaknesses and competitive threats might not be captured in case of unlisted companies.
 
14 ADJACENT MARKETS (Page No. - 271)
     14.1 INTRODUCTION 
               TABLE 301 ADJACENT MARKETS AND FORECASTS
     14.2 LIMITATIONS 
     14.3 MANAGED DETECTION AND RESPONSE ECOSYSTEM AND ADJACENT MARKETS 
     14.4 MANAGED SECURITY SERVICES MARKET 
             14.4.1 ADJACENT MARKET: MANAGED SECURITY SERVICES,  BY ORGANIZATION SIZE
                       TABLE 302 MANAGED SECURITY SERVICES MARKET, BY ORGANIZATION SIZE,  2016–2021 (USD MILLION)
                       TABLE 303 MANAGED SECURITY SERVICES MARKET, BY ORGANIZATION SIZE,  2022–2027 (USD MILLION)
                       TABLE 304 SMALL AND MEDIUM-SIZED ENTERPRISES: MANAGED SECURITY SERVICES MARKET,  BY REGION, 2016–2021 (USD MILLION)
                       TABLE 305 SMALL AND MEDIUM-SIZED ENTERPRISES: MANAGED SECURITY SERVICES MARKET,  BY REGION, 2022–2027 (USD MILLION)
                       TABLE 306 LARGE ENTERPRISES: MANAGED SECURITY SERVICES MARKET, BY REGION,  2016–2021 (USD MILLION)
                       TABLE 307 LARGE ENTERPRISES: MANAGED SECURITY SERVICES MARKET, BY REGION,  2022–2027 (USD MILLION)
     14.5 CYBERSECURITY MARKET 
             14.5.1 ADJACENT MARKET: CYBERSECURITY MARKET,  BY ORGANIZATION SIZE
                       TABLE 308 CYBERSECURITY MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)
                       TABLE 309 CYBERSECURITY MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
                       TABLE 310 SMALL AND MEDIUM-SIZED ENTERPRISES: CYBERSECURITY MARKET, BY REGION,  2016–2021 (USD THMILLION)
                       TABLE 311 SMALL AND MEDIUM-SIZED ENTERPRISES: CYBERSECURITY MARKET, BY REGION,  2022–2027 (USD MILLION)
                       TABLE 312 LARGE ENTERPRISES: CYBERSECURITY MARKET, BY REGION, 2016–2021 (USD MILLION)
                       TABLE 313 LARGE ENTERPRISES: CYBERSECURITY MARKET, BY REGION, 2022–2027 (USD MILLION)
 
15 APPENDIX (Page No. - 276)
     15.1 DISCUSSION GUIDE 
     15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL 
     15.3 CUSTOMIZATIONS AVAILABLE 
     15.4 RELATED REPORTS 
     15.5 AUTHOR DETAILS 

The study involved major activities in estimating the current market size for the MDR market. Exhaustive secondary research was done to collect information on the MDR industry. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain using primary research. Different approaches, such as top-down and bottom-up, were employed to estimate the total market size. After that, the market breakup and data triangulation procedures were used to estimate the market size of the segments and subsegments of the MDR market.

Secondary Research

In the secondary research process, various sources were referred to for identifying and collecting information regarding the study. The secondary sources included annual reports, press releases, MDR software and service vendor investor presentations, forums, certified publications, and white papers. The secondary research was used to obtain key information about the industry’s supply chain, the total pool of key players, market classification, and segmentation according to industry trends to the bottom-most level, regional markets, and key developments from both market and technology-oriented perspectives, all of which were further validated by primary sources. The factors considered for estimating the regional market size are technological initiatives undertaken by governments of different countries, Gross Domestic Product (GDP) growth, ICT spending, recent market developments, and market ranking analysis of major MDR solution providers.

Primary Research

Various primary sources from both supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side included industry experts, including Chief Executive Officers (CEOs), Vice Presidents (VPs), marketing directors, technology and innovation directors, and related key executives from various key companies and organizations operating in the MDR market.

In the complete market engineering process, the top-down and bottom-up approaches and several data triangulation methods were extensively used to perform the market estimation and market forecasting for the overall market segments and subsegments listed in this report. Extensive qualitative and quantitative analysis was performed on the complete market engineering process to list the key information/insights throughout the report.

After the complete market engineering process (including calculations for market statistics, market breakups, market size estimations, market forecasts, and data triangulation), extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. The primary research was also conducted to identify the segmentation types; industry trends; the competitive landscape of MDR market players; and key market dynamics, such as drivers, restraints, opportunities, challenges, industry trends, and key strategies.

Following is the breakup of the primary study:

Managed Detection and Response (MDR) Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Top-down and bottom-up approaches were used to estimate and validate the size of the global MDR market size and estimate the size of various other dependent sub-segments in the overall MDR market. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their revenue contributions in respective regions were determined through primary and secondary research. This entire procedure included the study of the annual and financial reports of the top market players, and extensive interviews were conducted for key insights from the industry leaders, such as CEOs, VPs, directors, and marketing executives. All percentage splits and breakups were determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size using the market size estimation processes explained above, the market was split into several segments and subsegments. The data triangulation and market breakup procedures were employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment. The data was triangulated by studying various factors and trends from both the demand and supply sides.

Market Definition

MDR is a robust cybersecurity service designed to detect and respond to network intrusions and threats promptly. It offers real-time monitoring to identify malware and malicious activities, allowing for swift incident response and effective remediation. MDR employs a combination of cutting-edge technology solutions and outsourced security analysts to enhance the capabilities of the existing security infrastructure and team.

Key Stakeholders

  • Cybersecurity software vendors
  • MDR vendors
  • MSSP providers
  • Cybersecurity service providers
  • Government agencies
  • Independent Software Vendors (ISVs)
  • Consulting firms
  • System integrators
  • Value-Added Resellers (VARs)
  • IT security agencies
  • SOC vendors

Report Objectives

  • To define, describe, and forecast the MDR market based on security type, deployment mode, organization size, SME type, verticals, and regions
  • To forecast the market size of five main regions: North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and Latin America
  • To analyze the subsegments of the market with respect to individual growth trends, prospects, and contributions to the overall market
  • To provide detailed information related to the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the MDR market
  • To analyze opportunities in the market for stakeholders by identifying high-growth segments of the MDR market
  • To profile the key players of the MDR market and comprehensively analyze their market size and core competencies.
  • To track and analyze competitive developments, such as new product launches; mergers and acquisitions; and partnerships, agreements, and collaborations in the global MDR market.

Customization Options

With the given market data, MarketsandMarkets offers customizations based on company-specific needs. The following customization options are available for the report:

Geographic Analysis

  • Further breakup of the Asia Pacific market into countries contributing 75% to the regional market size
  • Further breakup of the North American market into countries contributing 75% to the regional market size
  • Further breakup of the Latin American market into countries contributing 75% to the regional market size
  • Further breakup of the Middle Eastern and African market into countries contributing 75% to the regional market size
  • Further breakup of the European market into countries contributing 75% to the regional market size

Company Information

  • Detailed analysis and profiling of additional market players (up to 5)
Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Request Customization

Instant Answers with GPT - Ask Now!

Ask real questions. Get complete answers !
Report Code
TC 5752
Published ON
May, 2023
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Managed Detection and Response (MDR) Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2024 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status Website Feedback