The global Managed Detection and Response (MDR) market size reached USD 4.9 Billion in 2021 and is expected to register a revenue CAGR of 18.1% during the forecast period, according to latest analysis by Emergen Research. Increased rates of cyber attacks in the Banking, Financial Service and Insurance (BFSI) sector is the key factor driving revenue growth of the market.
The market has been substantially affected by the pandemic, and changes can be seen in the market dynamics and demand trends. Therefore, the report broadly assesses the comprehensive impact of the pandemic on the overall growth of the Managed Detection and Response market, besides offering a future COVID-19 impact assessment. Furthermore, the report points out the effective business approaches undertaken by the market players to enhance their product portfolios and prosper considerably.
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Key Players operating in the industry are:
Accenture plc, The International Business Machines Corporation (IBM), Cisco Systems, Inc., Arctic Wolf Networks Inc., CrowdStrike Holdings, Inc., eSentire, Inc, FireEye, Raytheon Technologies Corporation, Rapid7, and IronNet, Inc
Radical Features of the Managed Detection and Response Market Report:
- An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
- The report encompasses Managed Detection and Response market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
- Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
- Supply chain analysis along with technological advancements offered in the report
- The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Managed Detection and Response industry
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Segmentation:
Security Type Outlook (Revenue, USD Billion; 2019-2030)
- Network Security
- Endpoint Security
- Cloud Security
- Application Security
- Others
Deployment Outlook (Revenue, USD Billion; 2019-2030)
- Cloud
- On-premise
Application Outlook (Revenue, USD Billion; 2019-2030)
- Banking, Financial Service, and Insurance (BFSI)
- Education and Training
- Aerospace and Defense
- Automotive
- Manufacturing
- Healthcare
- Government
- Retail
- IT ITeS
- Others
Regional Analysis Covers:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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