Managed Detection and Response Market Scope
Managed Detection and Response (MDR) helps to detect threats and cyber-attacks and respond to them accordingly, thereby helping enterprises protect their cyber infrastructure from attacks. MDR services detect threats, intrusions, and malicious activities on organizations and direct them to respond proactively to such attacks. MDR service vendors provide the combination of technology solutions with in-house security professionals and analysts that help the enterprises. MDR service providers offer help to reduce the risks of potential attacks and provide real-time protection to organizations.
The Managed Detection and Response market study is segmented and major geographies with country level break-up.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Managed Detection and Response market throughout the predicted period.
Arctic Wolf Networks (United States), BAE Systems (United Kingdom), CrowdStrike (United States), eSentire (Canada), FireEye (United States), F-Secure (Finland), IBM (United States), Kudelski Security (Switzerland), mnemonic (Norway), NetWorks Group (United States), Optiv Security (United States), Paladion (India), Digital Guardian (United States), Atos (France) and Ankura (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Redscan Cyber Security (United Kingdom), WatchGuard (United States), Rapid7 (United States) and Raytheon (United States).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AdvanceMarketAnalytics has segmented the market of Global Managed Detection and Response market by Type, Application and Region.
On the basis of geography, the market of Managed Detection and Response has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
In Jun 2020, Atos announces an agreement to acquire Paladion. This acquisition will bring Managed Detection & Response (MDR) capabilities to the Atos portfolio and create the next generation of Atosí Prescriptive Security Operations Center offering., and In May 2020, Ankura announced that it has acquired UnitedLex's Managed Detection and Response (MDR) business. The acquisition complements and expands Ankura's Cybersecurity and Privacy capabilities and directly extends its existing Cyber Adversary Threat and Compromise Hunting (CATCH) services.
In Feb 2020, Digital Guardian announced the launch of its Managed Detection & Response (MDR) service, giving organizations a comprehensive data protection solution with 24/7 access to a team of skilled cybersecurity experts who actively hunt, detect, and mitigate external and internal attacks before they can put an organizationís sensitive data at risk.
- Technological Proliferation and Increasing Penetration of IoT
- Rising Incidents of Cyber-Attacks and Threats
- Shortage of Cybersecurity Professionals and Budget Constraints
- Introduction of Machine Learning and Artificial Intelligence in Managed Detection and Response Services
- Increasing Adoption of MDR Across SMES
- Lack of Trust in Third-Party Applications
- Lack of Modern IT Infrastructure
Key Target AudienceManaged Detection and Response Service Providers, Cybersecurity Vendors, Systems Integrators, IT Security Agencies, Government Agencies, Potential Investors and Technology Investors
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