Managed Detection and Response Market by Security Type (Endpoint, Network, Application, Cloud), Deployment (On-Premises, Hosted), Organization Size (SMEs, and Large Enterprises), Industry Vertical, and Region - Global Forecast to 2022

  • ID: 4430907
  • Report
  • Region: Global
  • 122 Pages
  • Markets and Markets
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The Global MDR Market Size is Expected to Grow from USD 419.7 Million in 2017 to USD 1,658.0 Million By 2022, at a CAGR of 31.6%

FEATURED COMPANIES

  • Arctic Wolf Networks
  • Crowdstrike
  • Fireeye
  • IBM
  • Mnemonic
  • Optiv Security
  • MORE

The Managed Detection and Response (MDR) market is expected to grow at a Compound Annual Growth Rate (CAGR) of 31.6% during the forecast period

Increasing instances of enterprise targeted cyber-attacks, upcoming government regulations, and need for compliance are expected to proliferate the demand for MDR services over the forecast period. With the emergence and increasing penetration of concepts such as Internet of Things (IoT) and enterprise mobility, businesses across various industry verticals have increased the use of mobile devices to boost employee productivity and gain substantial competitive edge in the industry. However, lack of trust in third-party applications and absence of shared technology framework are said to be the major restraining factors for the growth of this market.

The hosted MDR deployment segment is expected to grow at the highest CAGR during the forecast period

Hosted MDR service vendors remotely monitor and manage an organizations’ cyberinfrastructure and do not depend on the customer premises equipment. MDR service providers offer outsourced detection and response of threats and cyber-attacks for businesses operating across various industry verticals. The hosted MDR deployment segment is expected to witness the highest growth as it enables efficient and effective protection against vulnerabilities, such as malware, phishing, ransomware, and emerging cyber-threats.

North America is expected to have the largest market size, and Asia Pacific (APAC) is projected to grow at the highest rate during the forecast period

North America tops the global market owing to a concentrated presence of security vendors that provide advanced cybersecurity solutions and technologies. The MDR market is thus dominated by North America, which is considered to be the most advanced region with regard to cybersecurity technology adoption and infrastructure. Moreover, increasing awareness regarding the need to protect the enterprise cyberinfrastructure is being identified as the most critical factor driving the growth in the region. In addition, the growing concern to ensure the protection of financial and sensitive data has increased government intervention in the recent years.

The APAC region is expected to witness a significant growth in MDR mainly due to the increasing adoption of web-based applications and integration of technologies such as Internet of Things (IoT) across various business operations. The APAC MDR market covers Australia, New Zealand, Japan, China, India, and Singapore. Countries across this region have a large number of SMEs, which are using traditional defense mechanism. With the evolution of the threat landscape, companies are increasingly adopting such managed security services, to cost-efficiently protect the organizational data from cyber adversaries. This has led to an increased demand for such advanced MDR services in the region.

In the process of determining and verifying the market size of several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people.

The break-up of the profiles of the primary participants is as follows:

  • By Company: Tier 1 - 55%, Tier 2 - 20%, and Tier 3 - 25%
  • By Designation: C-Level - 60%, Director Level - 25%, and Others - 15%
  • By Region: North America - 35%, Europe - 25%, APAC - 15%, Latin America - 10%, and MEA - 15%

The MDR market includes various major vendors, such as Arctic Wolf Networks (US), BAE Systems (UK), CrowdStrike (US), eSentire (Canada), FireEye (US), F-Secure (Finland), IBM (US), Kudelski Security (Switzerland), mnemonic (Norway), NetWorks Group (US), Optiv Security (US), Paladion (India), Rapid7 (US), Raytheon (US), Redscan Cyber Security (UK), and WatchGuard (US).

Research Coverage

The report includes an in-depth competitive analysis of the key players in the MDR market along with their company profiles, recent developments, and key market strategies. The report segments the MDR market by security type, deployment, organization size, industry vertical, and region.

Reasons to buy the Report:

The MDR market has been segmented on the basis of security type, deployment, organization size, industry vertical, and region.

The report will help the market leaders/new entrants in the MDR market in the following ways:

1. The overall MDR market revenue stream has been estimated based on the revenues generated by vendors, offering MDR services to IT operators for business operating across various industry verticals. The report provides the closest approximations of the revenue numbers for the overall market and the subsegments. The market numbers are further split into regions.

2. The report helps the stakeholders understand the pulse of the market and provides them with information on the key market drivers, restraints, challenges, and opportunities.

3. The report will help the stakeholders understand the competitors and gain more insights to better their market position. The competitive landscape section includes the competitor ecosystem, new product developments, partnerships, and mergers and acquisitions.

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FEATURED COMPANIES

  • Arctic Wolf Networks
  • Crowdstrike
  • Fireeye
  • IBM
  • Mnemonic
  • Optiv Security
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Years Considered for the Study
1.5 Currency
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakdown of Primary Interviews
2.1.2.2 Key Industry Insights
2.2 Market Size Estimation
2.3 Research Assumptions And Limitations
2.3.1 Assumptions
2.3.2 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Managed Detection And Response Market
4.2 Managed Detection And Response Market, By Region, 2017-2022
4.3 Managed Detection And Response Market, By Security Type, 2017-2022
4.4 Managed Detection And Response Market, By Organization Size, 2017-2022
4.5 Managed Detection And Response Market, By Deployment, 2017-2022
4.6 Managed Detection And Response Market, By Industry Vertical, 2017-2022
4.7 Lifecycle Analysis, By Region

5 Market Overview And Industry Trends
5.1 Market Dynamics
5.1.1 Drivers
5.1.1.1 Growing Incidents of Cyber-Attacks And Threats Targeting Enterprises
5.1.1.2 Shortage of Cybersecurity Professionals And Budget Constraints
5.1.1.3 Government Regulations And Need for Compliance Drive the Adoption of Mdr Services
5.1.1.4 Technological Proliferation And Increasing Penetration of Iot
5.1.2 Restraints
5.1.2.1 Lack of Trust in Third-Party Applications
5.1.3 Opportunities
5.1.3.1 Partnerships With Traditional Service Providers
5.1.3.2 Introduction of Machine Learning/Ai-Powered Mdr Services
5.1.3.3 Increasing Adoption of Mdr Across Smes
5.1.4 Challenges
5.1.4.1 Lack of Modern IT Infrastructure
5.1.4.2 Potential Cyber-Attacks On Mdr Service Provider's Infrastructure
5.2 Regulatory Implications
5.2.1 Payment Card Industry Data Security Standard (Pci-Dss)
5.2.2 Health Insurance Portability And Accountability Act (Hipaa)
5.2.3 Federal Information Security Management Act (Fisma)
5.2.4 Gramm-Leach-Bliley Act (Glba)
5.2.5 Sarbanes-Oxley Act (Sox)
5.2.6 the International Organization for Standardization (Iso) Standard 27001
5.2.7 European Union General Data Protection Regulation (Eu Gdpr)
5.3 Innovation Spotlight

6 Managed Detection And Response Market Analysis, By Security Type
6.1 Introduction
6.2 Endpoint Security
6.3 Network Security
6.4 Application Security
6.5 Cloud Security
6.6 Others

7 Managed Detection And Response Market Analysis, By Deployment
7.1 Introduction
7.2 On-Premises
7.3 Hosted

8 Managed Detection And Response Market Analysis, By Organization Size
8.1 Introduction
8.2 Small And Medium-Sized Enterprises
8.3 Large Enterprises
 
9 Managed Detection And Response Market Analysis, By Industry Vertical
9.1 Introduction
9.2 Banking, Financial Services, And Insurance
9.3 IT And Telecommunications
9.4 Government And Defense
9.5 Energy And Utilities
9.6 Manufacturing
9.7 Healthcare
9.8 Retail
9.9 Others

10 Geographic Analysis
10.1 Introduction
10.2 North America
10.3 Europe
10.4 Asia Pacific
10.5 Middle East And Africa
10.6 Latin America

11 Company Profiles
11.1 Esentire
(Overview, Strength of Product Portfolio, Business Strategy Excellence, And Recent Developments)*
11.2 Bae Systems
11.3 Fireeye
11.4 Ibm
11.5 Optiv Security
11.6 Kudelski Security
11.7 Paladion
11.8 Arctic Wolf Networks
11.9 Watchguard
11.10 Rapid7
11.11 Raytheon
11.12 Redscan
*Details On Overview, Strength of Product Portfolio, Business Strategy Excellence, And Recent Developments Might Not Be Captured in Case of Unlisted Companies.
11.13 Key Innovators
11.13.1 F-Secure
11.13.2 Crowdstrike
11.13.3 Networks Group
11.13.4 Mnemonic

12 Appendix
12.1 Discussion Guide
12.2 Knowledge Store: Subscription Portal
12.3 Introducing Rt: Real-Time Market Intelligence
12.4 Available Customizations
12.5 Related Reports
12.6 Author Details

List of Tables
Table 1 United States Dollar Exchange Rate, 2014-2016
Table 2 Innovation Spotlight: Latest Managed Detection And Response Innovations
Table 3 Managed Detection And Response Market Size, By Security Type, 2015-2022 (USD Million)
Table 4 Endpoint Security: Managed Detection And Response Market Size, By Region, 2015-2022 (USD Million)
Table 5 Network Security: Managed Detection And Response Market Size, By Region, 2015-2022 (USD Million)
Table 6 Application Security: Managed Detection And Response Market Size, By Region, 2015-2022 (USD Million)
Table 7 Cloud Security: Managed Detection And Response Market Size, By Region, 2015-2022 (USD Million)
Table 8 Others: Managed Detection And Response Market Size, By Region, 2015-2022 (USD Million)
Table 9 Managed Detection And Response Market Size, By Deployment, 2015-2022 (USD Million)
Table 10 On-Premises: Managed Detection And Response Market Size, By Region, 2015-2022 (USD Million)
Table 11 Hosted: Managed Detection And Response Market Size, By Region, 2015-2022 (USD Million)
Table 12 Managed Detection And Response Market Size, By Organization Size, 2015-2022 (USD Million)
Table 13 Small And Medium-Sized Enterprises: Managed Detection And Response Market Size, By Region, 2015-2022 (USD Million)
Table 14 Large Enterprises: Managed Detection And Response Market Size, By Region, 2015-2022 (USD Million)
Table 15 Managed Detection And Response Market Size, By Industry Vertical, 2015-2022 (USD Million)
Table 16 Banking, Financial Services, And Insurance: Managed Detection And Response Market Size, By Region, 2015-2022 (USD Million)
Table 17 IT And Telecommunications: Managed Detection And Response Market Size, By Region, 2015-2022 (USD Million)
Table 18 Government And Defense: Managed Detection And Response Market Size, By Region, 2015-2022 (USD Million)
Table 19 Energy And Utilities: Managed Detection And Response Market Size, By Region, 2015-2022 (USD Million)
Table 20 Manufacturing: Managed Detection And Response Market Size, By Region, 2015-2022 (USD Million)
Table 21 Healthcare: Managed Detection And Response Market Size, By Region, 2015-2022 (USD Million)
Table 22 Retail: Managed Detection And Response Market Size, By Region, 2015-2022 (USD Million)
Table 23 Others: Managed Detection And Response Market Size, By Region, 2015-2022 (USD Million)
Table 24 Managed Detection And Response Market Size, By Region, 2015-2022 (USD Million)
Table 25 North America: Managed Detection And Response Market Size, By Security Type, 2015-2022 (USD Million)
Table 26 North America: Managed Detection And Response Market Size, By Deployment, 2015-2022 (USD Million)
Table 27 North America: Managed Detection And Response Market Size, By Organization Size, 2015-2022 (USD Million)
Table 28 North America: Managed Detection And Response Market Size, By Industry Vertical, 2015-2022 (USD Million)
Table 29 Europe: Managed Detection And Response Market Size, By Security Type, 2015-2022 (USD Million)
Table 30 Europe: Managed Detection And Response Market Size, By Deployment, 2015-2022 (USD Million)
Table 31 Europe: Managed Detection And Response Market Size, By Organization Size, 2015-2022 (USD Million)
Table 32 Europe: Managed Detection And Response Market Size, By Industry Vertical, 2015-2022 (USD Million)
Table 33 Asia Pacific: Managed Detection And Response Market Size, By Security Type, 2015-2022 (USD Million)
Table 34 Asia Pacific: Managed Detection And Response Market Size, By Deployment, 2015-2022 (USD Million)
Table 35 Asia Pacific: Managed Detection And Response Market Size, By Organization Size, 2015-2022 (USD Million)
Table 36 Asia Pacific: Managed Detection And Response Market Size, By Industry Vertical, 2015-2022 (USD Million)
Table 37 Middle East And Africa: Managed Detection And Response Market Size, By Security Type, 2015-2022 (USD Million)
Table 38 Middle East And Africa: Managed Detection And Response Market Size, By Deployment, 2015-2022 (USD Million)
Table 39 Middle East And Africa: Managed Detection And Response Market Size, By Organization Size, 2015-2022 (USD Million)
Table 40 Middle East And Africa: Managed Detection And Response Market Size, By Industry Vertical, 2015-2022 (USD Million)
Table 41 Latin America: Managed Detection And Response Market Size, By Security Type, 2015-2022 (USD Million)
Table 42 Latin America: Managed Detection And Response Market Size, By Deployment, 2015-2022 (USD Million)
Table 43 Latin America: Managed Detection And Response Market Size, By Organization Size, 2015-2022 (USD Million)
Table 44 Latin America: Managed Detection And Response Market Size, By Industry Vertical, 2015-2022 (USD Million)

List of Figures
Figure 1 Global Managed Detection And Response Market: Market Segmentation
Figure 2 Global Managed Detection And Response Market: Research Design
Figure 3 Data Triangulation
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Banking, Financial Services, And Insurance Industry Vertical is Estimated to Hold the Largest Market Share in 2017
Figure 7 North America is Estimated to Hold the Largest Market Share in 2017
Figure 8 Growing Instances of Cyber-Attacks And Threats Targeting Enterprises And the Need for Compliance Are Expected to Drive the Managed Detection And Response Market
Figure 9 Asia Pacific is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 10 Cloud Security Type is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 11 Small And Medium-Sized Enterprises Segment is Expected to Grow at a Higher CAGR During the Forecast Period
Figure 12 Hosted Deployment Segment is Expected to Grow at a Higher CAGR During the Forecast Period
Figure 13 Energy And Utilities Industry Vertical is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 14 the Managed Detection And Response Market Has Significant Growth Opportunities in Asia Pacific
Figure 15 Managed Detection And Response Market: Drivers, Restraints, Opportunities, And Challenges
Figure 16 Major Cyber-Attack Types, Global, 2015 Vs. 2016
Figure 17 Cloud Security Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 18 Hosted Deployment Segment is Expected to Grow at a Higher CAGR During the Forecast Period
Figure 19 Small And Medium-Sized Enterprises Segment is Expected to Grow at a Higher CAGR During the Forecast Period
Figure 20 Energy And Utilities Industry Vertical is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 21 Asia Pacific Region is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 22 Asia Pacific is Expected to Exhibit the Highest Growth Rate in the Managed Detection And Response Market During the Forecast Period
Figure 23 North America: Market Snapshot
Figure 24 Asia Pacific: Market Snapshot
Figure 25 Bae Systems: Company Snapshot
Figure 26 Fireeye: Company Snapshot
Figure 27 Ibm: Company Snapshot
Figure 28 Kudelski Security: Company Snapshot
Figure 29 Rapid7: Company Snapshot
Figure 30 Raytheon: Company Snapshot
Figure 31 F-Secure: Company Snapshot

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  • Arctic Wolf Networks
  • Bae Systems
  • Crowdstrike
  • Esentire
  • Fireeye
  • F-Secure
  • IBM
  • Kudelski Security
  • Mnemonic
  • Networks Group
  • Optiv Security
  • Paladion
  • Rapid7
  • Raytheon
  • Redscan
  • Watchguard
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