Global Managed Detection and Response (MDR) Market Report By Security Type Outlook (Network Security, Endpoint Security, Cloud Security, Application Security, Others), By Deployment Outlook (Cloud, On-premise, Others), By Application Outlook (Banking, Financial Service And Insurance, Government And Defense, Education And Training, Telecommunications And IT, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2023-2032

The global demand for Managed Detection and Response (MDR) Market is presumed to reach the market size of nearly USD 19.71 BN by 2030 from USD 3.46 BN in 2022 with a CAGR of 24.3% under the study period 2023 - 2030.

Managed Detection and Response (MDR) uses a combination of artificial intelligence systems and sophisticated algorithm to detect malware, run pattern recognition, detect the tiniest behaviours of malware or ransomware attacks before it enters the system, and actively respond through threat mitigation and containment. MDR is an advanced managed security service which ensures security monitoring, threat intelligence, incident analysis, threat hunting, and incident response and helps organizations manage the enterprise firewalls roung the clock.

Market Dynamics

The increasing number of innovations in its engineering pipeline and investments in managed detection and response are fueling the managed detection and response market growth. Moreover, the growing risk of cyber security threats, including malware attacks, DoS and DDoS attacks, and phishing attacks, are anticipated to drive the MDR market growth. Also, the strict regulatory environments on data protection have fueled the growth of the managed detection and response market. Additionally, the lack of skilled cybersecurity professionals contributes to market growth. However, a lack of trust in third-party applications and modern IT infrastructure may hamper market growth.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of managed detection and response (mdr). The growth and trends of managed detection and response (mdr) industry provide a holistic approach to this study. 

Market Segmentation

This section of the managed detection and response (mdr) market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities. 

By Security Type Outlook

• Network Security
• Endpoint Security
• Cloud Security
• Application Security
• Others

By Deployment Outlook

• Cloud
• On-Premise
• Others

By Application Outlook

• Banking, Financial Service And Insurance
• Government And Defense
• Education And Training
• Telecommunications And IT
• Others

Regional Analysis

This section covers the regional outlook, which accentuates current and future demand for the Managed Detection and Response (MDR) market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

Global Managed Detection and Response (MDR) Market Share by Region (Representative Graph)

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the managed detection and response (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). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.