Global Managed Detection and Response Market

Managed Detection and Response Market Size, Share, Growth Analysis, By Service Type(Protective Monitoring, Prioritization of Threats & Alerts, Threat Hunting, Managed Investigation Services), By Security Type(Endpoint Security, Network Security, Cloud Security, Other Security Types), By Vertical(BFSI, IT & ITES, Government, Energy & Utilities), By Deployment Mode(On-premises, Cloud), By Organization Size(Large Enterprises, Small & Medium-Sized Enterprises), By Region - Industry Forecast 2024-2031

Report ID: SQMIG45B2137 | Region: Global | Published Date: September, 2024
Pages: 176 | Tables: 92 | Figures: 71

Managed Detection and Response Market Competitive Landscape

To address the increasingly complex cybersecurity landscape, managed detection and response market players need to innovate and launch new offerings. Collaborations and partnerships will be crucial strategies for companies looking to enhance their global managed detection and response market presence. Investing in the integration of advanced technologies such as artificial intelligence and machine learning could also offer lucrative returns for all managed detection and response market players in the long run.

Managed Detection and Response Market Top Player’s Company Profiles

  • CrowdStrike 
  • Rapid7 
  • Arctic Wolf 
  • Kudelski Security 
  • SentinelOne 
  • Proficio 
  • Expel 
  • Secureworks 
  • Summit Partners 
  • Fortra 
  • Chertoff Group 
  • Alphabet Inc. 
  • Binary Defense 
  • Thoma Bravo 
  • Esentire 
  • Deepwatch 
  • Lumifi Cyber  
  • Gosecure 
  • Lmntrix 
  • Underdefense 
  • Ackcent 
  • Cybereason 
  • Critical Start 
  • Advent International  
  • Digital Research, Inc.

Managed Detection and Response Market

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FAQs

Global Managed Detection and Response Market size was valued at USD 3.8 billion in 2022 and is poised to grow from USD 4.01 billion in 2023 to USD 5.45 billion by 2031, growing at a CAGR of 23.54% during the forecast period (2024-2031).

To address the increasingly complex cybersecurity landscape, managed detection and response market players need to innovate and launch new offerings. Collaborations and partnerships will be crucial strategies for companies looking to enhance their global managed detection and response market presence. Investing in the integration of advanced technologies such as artificial intelligence and machine learning could also offer lucrative returns for all managed detection and response market players in the long run. 'CrowdStrike ', 'Rapid7 ', 'Arctic Wolf ', 'Kudelski Security ', 'SentinelOne ', 'Proficio ', 'Expel ', 'Secureworks ', 'Summit Partners ', 'Fortra ', 'Chertoff Group ', 'Alphabet Inc. ', 'Binary Defense ', 'Thoma Bravo ', 'Esentire ', 'Deepwatch ', 'Lumifi Cyber  ', 'Gosecure ', 'Lmntrix ', 'Underdefense ', 'Ackcent ', 'Cybereason ', 'Critical Start ', 'Advent International  ', 'Digital Research, Inc.'

Cyberattacks and data breaches are becoming increasingly common around the world as attackers become more aware of vulnerabilities and develop more complex viruses. Managed detection and response solutions and services play a crucial role in managing and fending off complex cyberattacks and data breaches thereby driving market growth. 

Use of Advanced Technologies for Advanced Threat Detection: Managed detection and response companies will need to adopt technologies such as artificial intelligence and machine learning to provide advanced threat detection and management. Use of such technologies will improve the scope of application and adoption for managed detection and response around the world as emphasis on cybersecurity rises.  

The rapid adoption of advanced technologies and high incidence of cyberattacks are slated to be key factors allowing North America to account for a dominant share of the global managed detection and response market. The presence of key managed detection and response providers and high adoption of cloud technologies are also expected to help this region maintain its high market share across the study period. The United States and Canada are slated to be the top markets for managed detection and response companies to target in North America going forward. Imposition of stringent data privacy and security mandates by governments in this region will also bolster market development in the future.  

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Global Managed Detection and Response Market

Report ID: SQMIG45B2137

$5,300
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