The Managed Detection and Response Services Market share is estimated to grow by USD 1.67 billion from 2021 to 2026, and the market’s growth is anticipated to accelerate at a CAGR of 21.33%.
Factors such as the need to focus on core competencies and the application of user behavior analytics for a better understanding of threats before they occur are significantly driving the Managed Detection and Response Services Market.
Our research report on “Managed Detection and Response Services Market by Application and Geography – Forecast and Analysis 2022-2026” has extensively covered factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the market share during the forecast period.
Managed Detection and Response Services Market report key highlights
- Estimated year-on-year growth rate: 17.15%
- Key market segments: Application (hosted and on-premises) and geography (North America, Europe, APAC, Middle East and Africa, and South America)
- Key Consumer Region & contribution: North America at 41%
Managed Detection and Response Services Market Scope
| Report Coverage | Details |
| Page number | 120 |
| Base year | 2021 |
| Forecast period | 2022-2026 |
| Growth momentum & CAGR | Accelerate at a CAGR of 21.33% |
| Market growth 2022-2026 | $ 1.67 billion |
| Market structure | Fragmented |
| YoY growth (%) | 17.15 |
| Regional analysis | North America, Europe, APAC, Middle East and Africa, and South America |
| Performing market contribution | North America at 41% |
| Key consumer countries | US, China, Japan, UK, and Germany |
| Competitive landscape | Leading companies, Competitive strategies, Consumer engagement scope |
| Key companies profiled | Alert Logic Inc., Arctic Wolf Networks Inc., Atos SE, BAE Systems Plc, Broadcom Inc., Check Point Software Technologies Ltd., Cisco Systems Inc., CrowdStrike Holdings Inc., eSentire Inc., FireEye Inc., International Business Machines Corp., NCC Group Plc, Rapid7 Inc., Redscan Ltd., SC BITDEFENDER SRL, SecureLink Inc., Sophos Ltd., and Verizon Communications Inc. |
| Market dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
| Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Do reach out to our analysts for more customized reports as per needs. Speak to our Analyst now!
Managed Detection and Response Services Market Trend
- Application of user behavior analytics for a better understanding of threats before they occur
Enterprises utilize user behavior analytics to gain insights into the hundreds of network events that users contribute on a daily basis. This application aids businesses in detecting lateral movements, compromised credentials, dangerous network behaviors, and other malicious activities. Because this tool focuses on intruder behavior, it can detect threats that circumvent the malicious behavior alert during an attack. As a result, this technology assists the security team in responding rapidly to attacks.
As a result, combining user behavior analytics with managed detection and response services can assist businesses in validating and investigating alarms more swiftly. During the projected period, this trend is expected to accelerate the use of MDR services.
Managed Detection and Response Services Market Challenge
- Possibilities of failures during the implementation
Prospective clients may be wary of managed detection and response services because of the risk of failure, and they may prefer traditional security solutions. Implementation is not a one-way street; several processes, such as project management, vulnerability management, and others, take a long time to complete. All of these procedures are intricate and necessitate faultless execution.
In addition, service providers must decide on the devices that are required, their positions in the client architecture, and their suitable configuration during the design process. This is a time-consuming process, especially for large companies with several locations and growing client bases. This could slow the market for managed detection and response (MDR) services throughout the forecast period.
Get the latest Sample Report for extensive insights on key market Drivers, Trends, and Challenges influencing the Managed Detection and Response Services Market.
Key Market Vendors Insights
The Managed Detection and Response Services Market is fragmented, and the vendors are deploying various organic and inorganic strategies to compete in the market.
Some of the key market vendors are:
- Alert Logic Inc.
- Arctic Wolf Networks Inc.
- Atos SE
- BAE Systems Plc
- Broadcom Inc.
- Check Point Software Technologies Ltd.
- Cisco Systems Inc.
- CrowdStrike Holdings Inc.
- eSentire Inc.
- FireEye Inc.
- International Business Machines Corp.
- NCC Group Plc
- Rapid7 Inc.
- Redscan Ltd.
- SC BITDEFENDER SRL
- SecureLink Inc.
- Sophos Ltd.
- Verizon Communications Inc.
For more detailed highlights on products offerings and the growth strategies adopted by other vendors, Download our Exclusive Sample Report
- Key Segment Analysis by Application
- Hosted The hosted segment’s managed detection and response services market share will expand significantly. For faster and more cost-effective security solutions, SMEs are turning to hosted managed detection and response services. Furthermore, the migration from traditional security solutions to hosted solutions has increased the segment’s year-over-year growth rate. As a result, the hosted sector is predicted to grow quickly during the forecast period, propelling the managed detection and response services market forward.
- On-premises
Regional Market Analysis
North America will account for 41% of the market’s growth. In North America, the managed detection and response services industry is dominated by the United States. The market in this region will grow at a slower rate than the market in other regions.
Over the projection period, the existence of cybersecurity solution vendors and strong cybersecurity laws would aid the expansion of the managed detection and response services market in North America.
Request Sample Report for additional highlights and key segments that are expected to impact the market during the forecast period.
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Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis – Comparison between2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition – Five forces 2021 and 2026
5 Market Segmentation by Application
- 5.1 Market segments
- Exhibit 24: Chart on Application – Market share 2021-2026 (%)
- Exhibit 25: Data Table on Application – Market share 2021-2026 (%)
- 5.2 Comparison by Application
- Exhibit 26: Chart on Comparison by Application
- Exhibit 27: Data Table on Comparison by Application
- 5.3 Hosted – Market size and forecast 2021-2026
- Exhibit 28: Chart on Hosted – Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Hosted – Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Hosted – Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Hosted – Year-over-year growth 2021-2026 (%)
- 5.4 On-premises – Market size and forecast 2021-2026
- Exhibit 32: Chart on On-premises – Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on On-premises – Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on On-premises – Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on On-premises – Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Application
- Exhibit 36: Market opportunity by Application ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 38: Chart on Market share by geography 2021-2026 (%)
- Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison
- 7.3 North America – Market size and forecast 2021-2026
- Exhibit 42: Chart on North America – Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on North America – Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on North America – Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on North America – Year-over-year growth 2021-2026 (%)
- 7.4 Europe – Market size and forecast 2021-2026
- Exhibit 46: Chart on Europe – Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on Europe – Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on Europe – Year-over-year growth 2021-2026 (%)
- 7.5 APAC – Market size and forecast 2021-2026
- Exhibit 50: Chart on APAC – Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on APAC – Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on APAC – Year-over-year growth 2021-2026 (%)
- 7.6 Middle East and Africa – Market size and forecast 2021-2026
- Exhibit 54: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)
- 7.7 South America – Market size and forecast 2021-2026
- Exhibit 58: Chart on South America – Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on South America – Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on South America – Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on South America – Year-over-year growth 2021-2026 (%)
- 7.8 US – Market size and forecast 2021-2026
- Exhibit 62: Chart on US – Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on US – Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on US – Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on US – Year-over-year growth 2021-2026 (%)
- 7.9 UK – Market size and forecast 2021-2026
- Exhibit 66: Chart on UK – Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on UK – Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on UK – Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on UK – Year-over-year growth 2021-2026 (%)
- 7.10 China – Market size and forecast 2021-2026
- Exhibit 70: Chart on China – Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on China – Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on China – Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on China – Year-over-year growth 2021-2026 (%)
- 7.11 Japan – Market size and forecast 2021-2026
- Exhibit 74: Chart on Japan – Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Japan – Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Japan – Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Japan – Year-over-year growth 2021-2026 (%)
- 7.12 Germany – Market size and forecast 2021-2026
- Exhibit 78: Chart on Germany – Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on Germany – Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on Germany – Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 82: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 83: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 85: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 86: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 87: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 88: Matrix on vendor position and classification
- 10.3 Alert Logic Inc.
- Exhibit 89: Alert Logic Inc. – Overview
- Exhibit 90: Alert Logic Inc. – Product / Service
- Exhibit 91: Alert Logic Inc. – Key offerings
- 10.4 Arctic Wolf Networks Inc.
- Exhibit 92: Arctic Wolf Networks Inc. – Overview
- Exhibit 93: Arctic Wolf Networks Inc. – Product / Service
- Exhibit 94: Arctic Wolf Networks Inc. – Key offerings
- 10.5 Atos SE
- Exhibit 95: Atos SE – Overview
- Exhibit 96: Atos SE – Business segments
- Exhibit 97: Atos SE – Key news
- Exhibit 98: Atos SE – Key offerings
- Exhibit 99: Atos SE – Segment focus
- 10.6 BAE Systems Plc
- Exhibit 100: BAE Systems Plc – Overview
- Exhibit 101: BAE Systems Plc – Business segments
- Exhibit 102: BAE Systems Plc – Key offerings
- Exhibit 103: BAE Systems Plc – Segment focus
- 10.7 Broadcom Inc.
- Exhibit 104: Broadcom Inc. – Overview
- Exhibit 105: Broadcom Inc. – Business segments
- Exhibit 106: Broadcom Inc. – Key news
- Exhibit 107: Broadcom Inc. – Key offerings
- Exhibit 108: Broadcom Inc. – Segment focus
- 10.8 Cisco Systems Inc.
- Exhibit 109: Cisco Systems Inc. – Overview
- Exhibit 110: Cisco Systems Inc. – Business segments
- Exhibit 111: Cisco Systems Inc. – Key news
- Exhibit 112: Cisco Systems Inc. – Key offerings
- Exhibit 113: Cisco Systems Inc. – Segment focus
- 10.9 CrowdStrike Holdings Inc.
- Exhibit 114: CrowdStrike Holdings Inc. – Overview
- Exhibit 115: CrowdStrike Holdings Inc. – Product / Service
- Exhibit 116: CrowdStrike Holdings Inc. – Key offerings
- 10.10 International Business Machines Corp.
- Exhibit 117: International Business Machines Corp. – Overview
- Exhibit 118: International Business Machines Corp. – Business segments
- Exhibit 119: International Business Machines Corp. – Key offerings
- Exhibit 120: International Business Machines Corp. – Segment focus
- 10.11 NCC Group Plc
- Exhibit 121: NCC Group Plc – Overview
- Exhibit 122: NCC Group Plc – Product / Service
- Exhibit 123: NCC Group Plc – Key offerings
- 10.12 Verizon Communications Inc.
- Exhibit 124: Verizon Communications Inc. – Overview
- Exhibit 125: Verizon Communications Inc. – Business segments
- Exhibit 126: Verizon Communications Inc. – Key offerings
- Exhibit 127: Verizon Communications Inc. – Segment focus
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 128: Inclusions checklist
- Exhibit 129: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 130: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 131: Research methodology
- Exhibit 132: Validation techniques employed for market sizing
- Exhibit 133: Information sources
- 11.5 List of abbreviations
- Exhibit 134: List of abbreviations