マネージド・ディテクション & レスポンス (MDR) 市場 : 2029年までの世界予測

Managed Detection and Response Market - Global Industry Forecast to 2029

マネージド・ディテクション & レスポンス (MDR) 市場 : セキュリティの種類 (ネットワーク、エンドポイント、クラウド)、導入モード (オンプレミス&クラウド)、組織の規模 (中小企業&大企業)、業種&地域別 - 2029年までの世界予測
Managed Detection and Response (MDR) Market by Security Type (Network, Endpoint, Cloud), Deployment Mode (On-Premises and Cloud), Organization Size (SMEs and Large Enterprises), Vertical and Region - Global Forecast to 2029
出版年月2024年6月
ページ数287
図表数376
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

The global Managed Detection and Response (MDR) is estimated to be worth USD 4.1 billion in 2024 and is projected to reach USD 11.8 billion by 2029, at a CAGR of 23.5% during the forecast period.

世界のマネージド・ディテクション & レスポンス (MDR) 市場は 2024 年に 41 億米ドル相当と推定され、予測期間中の CAGR は 23.5% で、2029 年までに 118 億米ドルに達すると予測されています。

マネージド・ディテクション & レスポンス (MDR) 市場 : 2029年までの世界予測

Businesses are facing an ever-evolving threat landscape characterized by advanced malware, ransomware, and targeted attacks that can bypass traditional security measures. Organizations increasingly turn to MDR services to augment their cybersecurity capabilities in response to these challenges. MDR solutions offer continuous monitoring, threat detection, and rapid response capabilities, providing businesses with the agility and resilience needed to effectively combat cyber threats in real-time. The shortage of skilled cybersecurity professionals and the complexity of managing security infrastructure further drive the adoption of MDR services as businesses seek outsourced expertise to bolster their defenses against evolving threats. This convergence of factors underscores MDR’s critical role in helping organizations stay ahead of cyber adversaries and protect their digital assets.

マネージド・ディテクション & レスポンス (MDR) 市場 : 2029年までの世界予測 ecosystem

“By deployment mode, the cloud segment is expected to achieve a larger market share during the forecast period.”
Businesses recognize cloud deployment’s numerous benefits, including scalability, flexibility, and cost-effectiveness. Managed Detection and Response (MDR) solutions delivered via the cloud provide organizations with the agility and accessibility needed to protect their digital assets effectively. Cloud-based MDR services offer rapid deployment, seamless updates, and centralized management, enabling businesses to quickly adapt to changing threat landscapes and scale their security infrastructure as needed. The cloud’s inherent resilience and redundancy enhance the reliability and availability of MDR services, ensuring continuous protection against evolving cyber threats. As organizations continue to embrace cloud technologies to drive innovation and efficiency, the cloud segment is poised to maintain its leadership position in the MDR market during the forecast period.

“By vertical, the BFSI segment is expected to achieve a larger market share during the forecast period.”
The anticipated larger market share for the BFSI segment underscores the heightened cybersecurity concerns within this industry vertical. BFSI organizations handle vast amounts of sensitive financial data and are prime targets for cyber attacks such as data breaches, fraud, and ransomware. As monetary transactions increasingly migrate to digital platforms, the risk landscape becomes more complex, necessitating robust security measures. Managed Detection and Response (MDR) solutions offer BFSI institutions advanced threat detection, continuous monitoring, and rapid incident response capabilities to protect against sophisticated cyber threats. Stringent regulatory requirements, such as PCI DSS and GDPR, compel BFSI organizations to implement comprehensive cybersecurity measures to ensure compliance and safeguard customer data. As cybersecurity remains a top priority for BFSI firms to maintain trust and integrity, the demand for MDR solutions tailored to the unique challenges of this sector is expected to drive significant market growth during the forecast period.

“The North America region will dominate the market during the forecast period.”
The forecasted dominance of the North American region underscores the region’s strong focus on cybersecurity and technological innovation. North America is home to many leading cybersecurity firms and technology hubs, driving advancements in Managed Detection and Response (MDR) solutions. The region’s robust regulatory framework, including regulations like GDPR and HIPAA, mandates stringent data protection measures, further fueling the demand for comprehensive security services. The prevalence of high-profile cyber-attacks and data breaches in North America has heightened awareness among organizations about the importance of proactive threat detection and response. As businesses prioritize cybersecurity investments to protect their digital assets and customer data, North America is poised to maintain its leadership position in the MDR market during the forecast period.

Breakdown of primaries
The study contains insights from various industry experts, from solution vendors to Tier 1 companies. The breakdown of the primaries is as follows:
• By Company Type: Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%
• By Designation: C-level – 40%, Managers and Others – 60%
• By Region: North America – 20%, Europe – 35%, Asia Pacific – 45%.

マネージド・ディテクション & レスポンス (MDR) 市場 : 2029年までの世界予測 region

The major players in the Managed Detection and Response (MDR) market are 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 (Canada), LMNTRIX (Australia), UnderDefense (US), Ackcent (Spain), Cybereason (US), Critical Start (US), Forescout (US), and Critical Insight (US). The study includes an in-depth competitive analysis of these key players in the managed detection and response market, with their company profiles, recent developments, and key market strategies.

Research Coverage
The research encompasses the size of the managed detection and response market across various segments. It seeks to gauge its market size and growth potential within different categories by offering sub-types, organization sizes, deployment modes, verticals, and regions. Additionally, the study provides a comprehensive competitive analysis of major market players, delving into their company profiles, significant observations regarding product and business offerings, recent advancements, and key market strategies.

Reasons to buy this report
The report aims to assist market leaders and new entrants by providing near-accurate revenue estimates for the managed detection and response market and its subsegments. It offers insights into the competitive landscape, enabling stakeholders to gain a deeper understanding and better position their businesses while also aiding in developing appropriate go-to-market strategies. Furthermore, the report aids stakeholders in grasping the market dynamics, offering information on significant market drivers, constraints, challenges, and opportunities.

The report provides insights on the following pointers:
• The report offers insights into various aspects: As businesses increasingly recognize the critical importance of managed detection and response, there is a growing demand for comprehensive solutions and services. These encompass a range of tools that enable organizations to achieve secure and authentic connectivity. While challenges such as the need for alignment and technology integration are acknowledged, the report emphasizes the dynamic nature of managed detection and response technologies and evolving market trends. Additionally, it provides valuable insights into the future direction of the managed detection and response market.
• Product Development/Innovation: The report provides detailed insights into emerging technologies, research and development activities, and product and solution launches within the managed detection and response market.
• Market Development: The report offers extensive details regarding profitable markets, analyzing the managed detection and response market across diverse regions.
• Market Diversification: The report provides thorough information on newly developed products and solutions, unexplored geographical areas, recent advancements, and investments in the managed detection and response market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like 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 (Canada), LMNTRIX (Australia), UnderDefense (US), Ackcent (Spain), Cybereason (US), Critical Start (US), Forescout (US), and Critical Insight (US).

Table of Contents

1            INTRODUCTION            46

1.1         STUDY OBJECTIVES      46

1.2         MARKET DEFINITION   46

1.2.1      INCLUSIONS AND EXCLUSIONS 47

1.3         MARKET SCOPE             48

1.3.1      MARKET SEGMENTATION         48

FIGURE 1           MANAGED DETECTION AND RESPONSE MARKET SEGMENTATION           48

1.3.2      REGIONS COVERED      48

FIGURE 2           MANAGED DETECTION AND RESPONSE MARKET SEGMENTATION, BY REGION    48

1.4         YEARS CONSIDERED     49

FIGURE 3           STUDY YEARS CONSIDERED     49

1.5         CURRENCY CONSIDERED          49

TABLE 1             USD EXCHANGE RATES, 2018–2023         49

1.6         STAKEHOLDERS            50

1.7         SUMMARY OF CHANGES            50

2            RESEARCH METHODOLOGY     51

2.1         RESEARCH APPROACH 51

FIGURE 4           MANAGED DETECTION AND RESPONSE MARKET: RESEARCH DESIGN              52

2.1.1      SECONDARY DATA       52

2.1.2      PRIMARY DATA 53

2.1.2.1   Breakdown of primary interviews     54

FIGURE 5           BREAKDOWN OF PRIMARY INTERVIEWS, BY COMPANY TYPE, DESIGNATION, AND REGION    54

2.1.2.2   Key industry insights          54

FIGURE 6           KEY INSIGHTS FROM INDUSTRY EXPERTS         54

2.2         DATA TRIANGULATION             55

FIGURE 7           DATA TRIANGULATION             55

2.3         MARKET SIZE ESTIMATION       55

2.3.1      TOP-DOWN APPROACH             56

FIGURE 8           APPROACH 1: TOP-DOWN (SUPPLY SIDE): REVENUE FROM SOLUTIONS AND SERVICES       56

FIGURE 9           APPROACH 1: TOP-DOWN (SUPPLY-SIDE) ANALYSIS     57

2.3.2      BOTTOM-UP APPROACH           57

FIGURE 10         APPROACH 2 (BOTTOM-UP; DEMAND SIDE): SEGMENTAL REVENUE BASED ON REGIONAL FACTORS        58

2.4         MARKET FORECAST      58

TABLE 2             FACTOR ANALYSIS        58

2.5         RESEARCH ASSUMPTIONS         59

2.6         STUDY LIMITATIONS    60

FIGURE 11         LIMITATIONS AND RISK ASSESSMENT  60

2.7         RECESSION IMPACT      61

3            EXECUTIVE SUMMARY 62

FIGURE 12         MANAGED DETECTION AND RESPONSE MARKET SIZE,  2022–2029 (USD MILLION)     63

FIGURE 13         NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024  63

4            PREMIUM INSIGHTS      65

4.1         ATTRACTIVE MARKET OPPORTUNITIES FOR MANAGED DETECTION AND RESPONSE MARKET PLAYERS        65

FIGURE 14         MANAGED SERVICES TO ADDRESS SHORTAGE OF SKILLED CYBERSECURITY PROFESSIONALS         65

4.2         MANAGED DETECTION AND RESPONSE MARKET,  BY SECURITY TYPE    65

FIGURE 15         ENDPOINT SECURITY TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD      65

4.3         MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL              66

FIGURE 16         BFSI SEGMENT TO BE LARGEST VERTICAL IN 2024 AND 2029              66

4.4         MANAGED DETECTION AND RESPONSE MARKET,  BY DEPLOYMENT MODE  66

FIGURE 17         CLOUD DEPLOYMENT TO ACCOUNT FOR LARGER MODE DURING FORECAST PERIOD     66

4.5         MANAGED DETECTION AND RESPONSE MARKET,  BY ORGANIZATION SIZE    67

FIGURE 18         SMALL & MEDIUM-SIZED ENTERPRISES SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE DURING FORECAST PERIOD  67

4.6         MANAGED DETECTION AND RESPONSE MARKET INVESTMENT SCENARIO, BY REGION 67

FIGURE 19         ASIA PACIFIC TO EMERGE AS BEST MARKET FOR INVESTMENT IN NEXT FIVE YEARS     67

5            MARKET OVERVIEW AND INDUSTRY TRENDS   68

5.1         INTRODUCTION            68

FIGURE 20         BENEFITS GAINED BY ORGANIZATION USING MANAGED DETECTION AND RESPONSE SERVICES 68

5.2         MARKET DYNAMICS     69

FIGURE 21         MANAGED DETECTION AND RESPONSE MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES       69

5.2.1      DRIVERS            69

5.2.1.1   Rise in incidents of business email compromise, ransomware, and crypto-jacking threats   69

5.2.1.2   Addressing gaps in cybersecurity skills and overwhelming alert volumes  70

5.2.1.3   Government regulations and need for compliance to drive adoption of MDR services  71

5.2.1.4   Technological proliferation and increasing penetration of IoT    71

5.2.2      RESTRAINTS     72

5.2.2.1   Lack of trust in third-party applications         72

5.2.2.2   Cost of MDR services to be inhibitor for organizations 72

5.2.2.3   False positives hinder effectiveness of MDR services    72

5.2.3      OPPORTUNITIES           73

5.2.3.1   Introduction of ML/AI-powered MDR services           73

5.2.3.2   Increase in adoption of MDR across SMEs     73

5.2.3.3   Benefits of scalability for MDR services         73

5.2.4      CHALLENGES   73

5.2.4.1   Lack of modern IT infrastructure     73

5.2.4.2   Potential cyberattacks on MDR service provider’s infrastructure              74

5.3         CASE STUDY ANALYSIS 74

5.3.1      VENERABLE HOLDINGS BENEFITED FROM ESENTIRE’S 24/7 THREAT DETECTION, RESPONSE, AND CLOUD SECURITY POSTURE MANAGEMENT              74

5.3.2      CANADIAN FINANCIAL SERVICES FIRM USED ARCTIC WOLF’S MANAGED DETECTION AND RESPONSE SERVICES TO MONITOR IT ENVIRONMENT 75

5.3.3      ALERT LOGIC HELPED IODINE SOFTWARE SECURE IN-PATIENT HEALTHCARE DATA AND MEET COMPLIANCE MANDATES       75

5.3.4      SECUREWORKS SUPPORTED STRENGTHENING CYBERSECURITY FOR GKN WHEELS AND STRUCTURES           76

5.3.5      GLOBAL INVESTMENT FIRM USED MANAGED DETECTION AND RESPONSE SERVICES TO PROTECT PROPRIETARY INFORMATION AND PRIVATE DATA 76

5.4         VALUE CHAIN ANALYSIS            77

FIGURE 22         MANAGED DETECTION AND RESPONSE MARKET: VALUE CHAIN  78

5.4.1      OFFERINGS       78

5.4.2      PLANNING AND DESIGNING     78

5.4.3      DEPLOYMENT (IF APPLICABLE)             78

5.4.4      SYSTEM INTEGRATION 78

5.4.5      CONSULTATION            79

5.4.6      ONSITE SUPPORT (IF REQUIRED)          79

5.4.7      END-USER GROUPS       79

5.5         ECOSYSTEM ANALYSIS 79

FIGURE 23         MANAGED DETECTION AND RESPONSE MARKET: ECOSYSTEM              79

TABLE 3             MANAGED DETECTION AND RESPONSE MARKET: ECOSYSTEM              80

5.6         PORTER’S FIVE FORCES ANALYSIS         80

FIGURE 24         MANAGED DETECTION AND RESPONSE MARKET: PORTER’S FIVE FORCES ANALYSIS 80

TABLE 4             PORTER’S FIVE FORCES IMPACT ANALYSIS        81

5.6.1      THREAT OF NEW ENTRANTS    81

5.6.2      BARGAINING POWER OF SUPPLIERS     81

5.6.3      BARGAINING POWER OF BUYERS           81

5.6.4      THREAT OF SUBSTITUTES         82

5.6.5      INTENSITY OF COMPETITIVE RIVALRY 82

5.7         PRICING ANALYSIS        82

5.7.1      INDICATIVE PRICING ANALYSIS, BY OFFERING 83

FIGURE 25         INDICATIVE PRICING TREND OF KEY VENDORS, BY OFFERING (USD)   83

TABLE 5             INDICATIVE PRICING TREND OF KEY PLAYERS, BY OFFERING (USD/MONTH) 83

5.7.2      INDICATIVE PRICING ANALYSIS, BY VENDOR    84

TABLE 6             INDICATIVE PRICING LEVELS OF MANAGED DETECTION AND RESPONSE SOLUTIONS,  BY VENDOR  84

5.8         TECHNOLOGY ANALYSIS           85

5.8.1      KEY TECHNOLOGIES    85

5.8.1.1   Artificial intelligence (AI) and machine learning (ML) 85

5.8.2      COMPLEMENTARY TECHNOLOGIES     86

5.8.2.1   Big data analytics 86

5.8.2.2   Biometric authentication   86

5.8.3      ADJACENT TECHNOLOGIES      86

5.8.3.1   Endpoint security 86

5.8.3.2   Cloud security      87

5.9         PATENT ANALYSIS        87

FIGURE 26         MANAGED DETECTION AND RESPONSE MARKET: PATENT ANALYSIS,  2013–2023   88

FIGURE 27         REGIONAL ANALYSIS OF PATENTS GRANTED, 2013–2023              89

5.9.1      KEY PATENTS   89

TABLE 7             LIST OF KEY PATENTS  89

5.10       TRENDS/DISRUPTIONS IMPACTING BUYERS    90

FIGURE 28         TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES IN  MANAGED DETECTION AND RESPONSE MARKET        90

5.11       REGULATORY LANDSCAPE       91

5.11.1    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          91

TABLE 8             NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         91

TABLE 9             EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         91

TABLE 10           ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         92

TABLE 11           MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         92

TABLE 12           LATIN AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         92

5.11.1.1 Payment Card Industry-Data Security Standard (PCI–DSS)      93

5.11.1.2 Health Insurance Portability and Accountability Act (HIPAA)  93

5.11.1.3 Federal Information Security Management Act (FISMA)           93

5.11.1.4 Gramm-Leach-Bliley Act (GLBA)   93

5.11.1.5 Sarbanes-Oxley Act (SOX) 94

5.11.1.6 International Organization for Standardization (ISO) standard 27001     94

5.11.1.7 European Union General Data Protection Regulation (EU GDPR)         94

5.11.1.8 FFIEC Cybersecurity Assessment Tool          94

5.11.1.9 NIST Cybersecurity Framework      95

5.11.1.10             Defense Federal Acquisition Regulation Supplement (DFARS) 95

5.11.1.11             Information Technology Infrastructure Library (ITIL) 95

5.11.1.12             CSA STAR          95

5.12       KEY STAKEHOLDERS AND BUYING CRITERIA    96

5.12.1    KEY STAKEHOLDERS IN BUYING PROCESS         96

FIGURE 29         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS      96

TABLE 13           INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS      96

5.12.2    BUYING CRITERIA         96

FIGURE 30         KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS              96

TABLE 14           KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS              97

5.13       KEY CONFERENCES AND EVENTS, 2024–2025     97

TABLE 15           MANAGED DETECTION AND RESPONSE MARKET: LIST OF CONFERENCES AND EVENTS, 2024–2025             97

5.14       BUSINESS MODEL ANALYSIS     98

TABLE 16           BUSINESS MODEL ANALYSIS OF MANAGED DETECTION AND RESPONSE MARKET      98

5.15       INVESTMENT & FUNDING SCENARIO    99

FIGURE 31         LEADING GLOBAL MANAGED DETECTION AND RESPONSE STARTUPS/SMES,  BY NUMBER OF INVESTORS AND FUNDING ROUNDS              99

TABLE 17           LEADING GLOBAL MANAGED DETECTION AND RESPONSE STARTUPS/SMES, BY TOTAL FUNDING AND LATEST FUNDING ROUNDS              99

6            MANAGED DETECTION AND RESPONSE MARKET, BY SERVICE TYPE              100

6.1         INTRODUCTION            100

6.1.1      SERVICE TYPE: MANAGED DETECTION AND RESPONSE MARKET DRIVERS            100

6.2         PROTECTIVE MONITORING      101

6.2.1      PROACTIVE CYBERSECURITY AND COMPLIANCE ENSURED THROUGH PROTECTIVE MONITORING      101

6.3         PRIORITIZATION OF THREATS & ALERTS          101

6.3.1      STRATEGIC THREAT AND ALERT PRIORITIZATION NEEDED FOR ROBUST CYBERSECURITY         101

6.4         THREAT HUNTING        101

6.4.1      INCREASE IN CYBERSECURITY RESILIENCE WITH REDUCED DWELL TIME ON THREATS       101

6.5         MANAGED INVESTIGATION SERVICES  102

6.5.1      LEVERAGED ADVANCED THREAT DETECTION AND RESPONSE CAPABILITIES FOR ORGANIZATIONS WITHOUT MAINTAINING DEDICATED SECURITY TEAMS          102

6.6         GUIDED RESPONSE       103

6.6.1      EXPERT-LED GUIDED RESPONSE TO ENHANCE INCIDENT MANAGEMENT 103

6.7         MANAGED REMEDIATION         103

6.7.1      COMPREHENSIVE CYBERSECURITY THAT GOES BEYOND DETECTION              103

7            MANAGED DETECTION AND RESPONSE MARKET,  BY SECURITY TYPE    104

7.1         INTRODUCTION            105

7.1.1      SECURITY TYPE: MANAGED DETECTION AND RESPONSE MARKET DRIVERS            105

FIGURE 32         CLOUD SECURITY TO RECORD HIGHEST GROWTH RATE DURING FORECAST PERIOD     105

TABLE 18           MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2018–2023 (USD MILLION)     106

TABLE 19           MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2024–2029 (USD MILLION)     106

7.2         ENDPOINT SECURITY   106

7.2.1      RAPID GLOBAL GROWTH IN NUMBER OF MOBILE DEVICES      106

7.2.2      ENDPOINT SECURITY: MANAGED DETECTION AND RESPONSE MARKET DRIVERS         107

TABLE 20           MANAGED DETECTION AND RESPONSE MARKET FOR ENDPOINT SECURITY, BY REGION, 2018–2023 (USD MILLION)   107

TABLE 21           MANAGED DETECTION AND RESPONSE MARKET FOR ENDPOINT SECURITY, BY REGION, 2024–2029 (USD MILLION)   107

7.3         NETWORK SECURITY    108

7.3.1      INCREASE IN BYOD TREND TO GENERATE GREATER DEMAND FOR CYBERSECURITY SOLUTIONS   108

7.3.2      NETWORK SECURITY: MANAGED DETECTION AND RESPONSE MARKET DRIVERS         108

TABLE 22           MANAGED DETECTION AND RESPONSE MARKET FOR NETWORK SECURITY, BY REGION, 2018–2023 (USD MILLION)    108

TABLE 23           MANAGED DETECTION AND RESPONSE MARKET FOR NETWORK SECURITY, BY REGION, 2024–2029 (USD MILLION)    109

7.4         CLOUD SECURITY         109

7.4.1      RISE IN DEMAND FROM SMES FOR CLOUD-BASED HEALTHCARE SOLUTIONS      109

7.4.2      CLOUD SECURITY: MANAGED DETECTION AND RESPONSE MARKET DRIVERS            109

TABLE 24           MANAGED DETECTION AND RESPONSE MARKET FOR CLOUD SECURITY, BY REGION, 2018–2023 (USD MILLION)          110

TABLE 25           MANAGED DETECTION AND RESPONSE MARKET FOR CLOUD SECURITY, BY REGION, 2024–2029 (USD MILLION)          110

7.5         OTHER SECURITY TYPES           110

TABLE 26           MANAGED DETECTION AND RESPONSE MARKET FOR OTHER SECURITY TYPES, BY REGION, 2018–2023 (USD MILLION)            111

TABLE 27           MANAGED DETECTION AND RESPONSE MARKET FOR OTHER SECURITY TYPES, BY REGION, 2024–2029 (USD MILLION)            111

8            MANAGED DETECTION AND RESPONSE MARKET,  BY DEPLOYMENT MODE  112

8.1         INTRODUCTION            113

8.1.1      DEPLOYMENT MODE: MANAGED DETECTION AND RESPONSE MARKET DRIVERS         113

FIGURE 33         CLOUD DEPLOYMENT OF MANAGED DETECTION AND RESPONSE SOLUTIONS AND SERVICES TO ACCOUNT FOR LARGER MARKET DURING FORECAST PERIOD     113

TABLE 28           MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE,  2018–2023 (USD MILLION)         114

TABLE 29           MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE,  2024–2029 (USD MILLION)         114

8.2         ON-PREMISES   114

8.2.1      CUSTOMIZATION OF ON-PREMISE SOLUTION DEPLOYMENT TO GAIN CONTROL OVER SYSTEMS         114

8.2.2      ON-PREMISES: MANAGED DETECTION AND RESPONSE MARKET DRIVERS            114

TABLE 30          ON-PREMISE MANAGED DETECTION AND RESPONSE MARKET, BY REGION,  2018–2023 (USD MILLION)             115

TABLE 31          ON-PREMISE MANAGED DETECTION AND RESPONSE MARKET, BY REGION,  2024–2029 (USD MILLION)             115

8.3         CLOUD 115

8.3.1      COST OPTIMIZATION, SCALABILITY, AND FLEXIBILITY OF CLOUD DEPLOYMENT 115

8.3.2      CLOUD: MANAGED DETECTION AND RESPONSE MARKET DRIVERS              115

TABLE 32           CLOUD-BASED MANAGED DETECTION AND RESPONSE MARKET, BY REGION,  2018–2023 (USD MILLION)          116

TABLE 33           CLOUD-BASED MANAGED DETECTION AND RESPONSE MARKET, BY REGION,  2024–2029 (USD MILLION)          116

9            MANAGED DETECTION AND RESPONSE MARKET,  BY ORGANIZATION SIZE    117

9.1         INTRODUCTION            118

9.1.1      ORGANIZATION SIZE: MANAGED DETECTION AND RESPONSE MARKET DRIVERS         118

FIGURE 34         SMALL AND MEDIUM-SIZED ENTERPRISES TO ACCOUNT FOR LARGER MARKET DURING FORECAST PERIOD 118

TABLE 34           MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE,  2018–2023 (USD MILLION)          119

TABLE 35           MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE,  2024–2029 (USD MILLION)          119

9.2         LARGE ENTERPRISES    119

9.2.1      RISE IN CONCERNS ABOUT REGULATORY COMPLIANCE TO FUEL ADOPTION OF MDR SERVICES  119

9.2.2      LARGE ENTERPRISES: MANAGED DETECTION AND RESPONSE MARKET DRIVERS         119

TABLE 36           MANAGED DETECTION AND RESPONSE MARKET FOR LARGE ENTERPRISES, BY REGION, 2018–2023 (USD MILLION)    120

TABLE 37           MANAGED DETECTION AND RESPONSE MARKET FOR LARGE ENTERPRISES, BY REGION, 2024–2029 (USD MILLION)    120

9.3         SMALL & MEDIUM-SIZED ENTERPRISES 120

9.3.1      INCREASED SOPHISTICATION OF CYBERATTACKS TO ENCOURAGE IMPLEMENTATION OF MORE THAN TRADITIONAL SERVICE MODELS  120

9.3.2      SMALL & MEDIUM-SIZED ENTERPRISES: MANAGED DETECTION AND RESPONSE MARKET DRIVERS   120

TABLE 38           MANAGED DETECTION AND RESPONSE MARKET FOR SMES, BY REGION,  2018–2023 (USD MILLION)             121

TABLE 39           MANAGED DETECTION AND RESPONSE MARKET FOR SMES, BY REGION,  2024–2029 (USD MILLION)             121

10          MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL              122

10.1       INTRODUCTION            123

10.1.1    VERTICAL: MANAGED DETECTION AND RESPONSE MARKET DRIVERS              123

FIGURE 35         BFSI TO ACCOUNT FOR LARGEST VERTICAL MARKET DURING FORECAST PERIOD       123

TABLE 40           MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2018–2023 (USD MILLION) 124

TABLE 41           MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2024–2029 (USD MILLION) 124

10.2       BFSI      124

10.2.1    HIGH SUSCEPTIBILITY OF BANKS AND OTHER FINANCIAL INSTITUTIONS TO FRAUD         124

10.2.2    BFSI: MANAGED DETECTION AND RESPONSE MARKET DRIVERS              125

TABLE 42           MANAGED DETECTION AND RESPONSE MARKET IN BFSI, BY REGION,  2018–2023 (USD MILLION)     125

TABLE 43           MANAGED DETECTION AND RESPONSE MARKET IN BFSI, BY REGION,  2024–2029 (USD MILLION)     125

10.3       IT & ITES            126

10.3.1    GROWTH COMPLIANCE CONCERNS AND VULNERABILITY TO MALICIOUS CODES VIA SPAM   126

10.3.2    IT & ITES: MANAGED DETECTION AND RESPONSE MARKET DRIVERS              126

TABLE 44           MANAGED DETECTION AND RESPONSE MARKET IN IT & ITES, BY REGION,  2018–2023 (USD MILLION)             126

TABLE 45           MANAGED DETECTION AND RESPONSE MARKET IN IT & ITES, BY REGION,  2024–2029 (USD MILLION)             126

10.4       GOVERNMENT 127

10.4.1    RISE IN CONCERNS ABOUT IDENTITY THEFT AND NEED TO MITIGATE DATA LOSS       127

10.4.2    GOVERNMENT: MANAGED DETECTION AND RESPONSE MARKET DRIVERS            127

TABLE 46           MANAGED DETECTION AND RESPONSE MARKET IN GOVERNMENT, BY REGION,  2018–2023 (USD MILLION)             127

TABLE 47           MANAGED DETECTION AND RESPONSE MARKET IN GOVERNMENT, BY REGION,  2024–2029 (USD MILLION)             127

10.5       ENERGY & UTILITIES    128

10.5.1    INCREASE IN INTEGRATED THREAT INTELLIGENCE SOLUTIONS AMONG ENERGY & UTILITY ENTERPRISES AND NEED TO SECURE CRITICAL INFRASTRUCTURE        128

10.5.2    ENERGY & UTILITIES: MANAGED DETECTION AND RESPONSE MARKET DRIVERS         128

TABLE 48           MANAGED DETECTION AND RESPONSE MARKET IN ENERGY & UTILITIES, BY REGION, 2018–2023 (USD MILLION)          128

TABLE 49           MANAGED DETECTION AND RESPONSE MARKET IN ENERGY & UTILITIES, BY REGION, 2024–2029 (USD MILLION)          129

10.6       MANUFACTURING        129

10.6.1    ADOPTION OF THREAT INTELLIGENCE TO PREPARE FOR SURGE IN PRODUCTION AS VERTICAL TO GROW ACROSS REGIONS          129

10.6.2    MANUFACTURING: MANAGED DETECTION AND RESPONSE MARKET DRIVERS            129

TABLE 50           MANAGED DETECTION AND RESPONSE MARKET IN MANUFACTURING, BY REGION,  2018–2023 (USD MILLION)      129

TABLE 51           MANAGED DETECTION AND RESPONSE MARKET IN MANUFACTURING, BY REGION,  2024–2029 (USD MILLION)      130

10.7       HEALTHCARE  130

10.7.1    NEED TO SECURE CRITICAL PATIENT DATA ACROSS CLOUD ENVIRONMENT 130

10.7.2    HEALTHCARE: MANAGED DETECTION AND RESPONSE MARKET DRIVERS            130

TABLE 52           MANAGED DETECTION AND RESPONSE MARKET IN HEALTHCARE, BY REGION,  2018–2023 (USD MILLION) 131

TABLE 53           MANAGED DETECTION AND RESPONSE MARKET IN HEALTHCARE, BY REGION,  2024–2029 (USD MILLION) 131

10.8       RETAIL 131

10.8.1    AUTOMATION ACROSS RETAIL CHANNELS FOR CURBING DATA THEFT 131

10.8.2    RETAIL: MANAGED DETECTION AND RESPONSE MARKET DRIVERS              131

TABLE 54           MANAGED DETECTION AND RESPONSE MARKET IN RETAIL, BY REGION,  2018–2023 (USD MILLION)             132

TABLE 55           MANAGED DETECTION AND RESPONSE MARKET IN RETAIL, BY REGION,  2024–2029 (USD MILLION)             132

10.9       OTHER VERTICALS       132

TABLE 56           MANAGED DETECTION AND RESPONSE MARKET IN OTHER VERTICALS, BY REGION,  2018–2023 (USD MILLION)     133

TABLE 57           MANAGED DETECTION AND RESPONSE MARKET IN OTHER VERTICALS, BY REGION,  2024–2029 (USD MILLION)     133

11          MANAGED DETECTION AND RESPONSE MARKET, BY REGION  134

11.1       INTRODUCTION            135

FIGURE 36         ASIA PACIFIC MARKET TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD       135

TABLE 58           MANAGED DETECTION AND RESPONSE MARKET, BY REGION, 2018–2023 (USD MILLION)          135

TABLE 59           MANAGED DETECTION AND RESPONSE MARKET, BY REGION, 2024–2029 (USD MILLION)          136

11.2       NORTH AMERICA          136

11.2.1    NORTH AMERICA: MANAGED DETECTION AND RESPONSE MARKET DRIVERS            137

11.2.2    NORTH AMERICA: RECESSION IMPACT 137

FIGURE 37         NORTH AMERICA: MANAGED DETECTION AND RESPONSE MARKET SNAPSHOT     138

TABLE 60           NORTH AMERICA: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE, 2018–2023 (USD MILLION)             139

TABLE 61           NORTH AMERICA: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE, 2024–2029 (USD MILLION)             139

TABLE 62           NORTH AMERICA: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)   139

TABLE 63           NORTH AMERICA: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)   139

TABLE 64           NORTH AMERICA: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE, 2018–2023 (USD MILLION)   140

TABLE 65           NORTH AMERICA: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION)   140

TABLE 66           NORTH AMERICA: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2018–2023 (USD MILLION)      140

TABLE 67           NORTH AMERICA: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2024–2029 (USD MILLION)      141

TABLE 68           NORTH AMERICA: MANAGED DETECTION AND RESPONSE MARKET, BY COUNTRY,  2018–2023 (USD MILLION)      141

TABLE 69           NORTH AMERICA: MANAGED DETECTION AND RESPONSE MARKET, BY COUNTRY,  2024–2029 (USD MILLION)      141

11.2.3    US         141

11.2.3.1 Increase in ransomware and phishing attacks, along with government initiatives and technological advancements      141

TABLE 70           US: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2018–2023 (USD MILLION)     142

TABLE 71           US: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2024–2029 (USD MILLION)     143

TABLE 72           US: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE,  2018–2023 (USD MILLION)          143

TABLE 73           US: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE,  2024–2029 (USD MILLION)          143

TABLE 74           US: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE,  2018–2023 (USD MILLION)         143

TABLE 75           US: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE,  2024–2029 (USD MILLION)         144

TABLE 76           US: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2018–2023 (USD MILLION) 144

TABLE 77           US: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2024–2029 (USD MILLION) 144

11.2.4    CANADA            145

11.2.4.1 Increase in adoption of cloud-based services and private sector initiatives to curb cyberattacks         145

TABLE 78           CANADA: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2018–2023 (USD MILLION)     145

TABLE 79           CANADA: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2024–2029 (USD MILLION)     146

TABLE 80           CANADA: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)            146

TABLE 81           CANADA: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)            146

TABLE 82           CANADA: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE, 2018–2023 (USD MILLION)            146

TABLE 83           CANADA: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION)            147

TABLE 84           CANADA: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2018–2023 (USD MILLION) 147

TABLE 85           CANADA: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2024–2029 (USD MILLION) 147

11.3       EUROPE             148

11.3.1    EUROPE: MANAGED DETECTION AND RESPONSE MARKET DRIVERS              148

11.3.2    EUROPE: RECESSION IMPACT   149

TABLE 86           EUROPE: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2018–2023 (USD MILLION)     149

TABLE 87           EUROPE: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2024–2029 (USD MILLION)     149

TABLE 88           EUROPE: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)            150

TABLE 89           EUROPE: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)            150

TABLE 90           EUROPE: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE, 2018–2023 (USD MILLION)            150

TABLE 91           EUROPE: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION)            150

TABLE 92           EUROPE: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2018–2023 (USD MILLION) 151

TABLE 93           EUROPE: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2024–2029 (USD MILLION) 151

TABLE 94           EUROPE: MANAGED DETECTION AND RESPONSE MARKET, BY COUNTRY,  2018–2023 (USD MILLION) 151

TABLE 95           EUROPE: MANAGED DETECTION AND RESPONSE MARKET, BY COUNTRY,  2024–2029 (USD MILLION) 152

11.3.3    UK         152

11.3.3.1 Substantial technical expertise, government investment in cybersecurity training programs, and strong IT budgets     152

TABLE 96           UK: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2018–2023 (USD MILLION)     152

TABLE 97           UK: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2024–2029 (USD MILLION)     153

TABLE 98           UK: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE,  2018–2023 (USD MILLION)          153

TABLE 99           UK: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE,  2024–2029 (USD MILLION)          153

TABLE 100         UK: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE,  2018–2023 (USD MILLION)         153

TABLE 101         UK: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE,  2024–2029 (USD MILLION)         154

TABLE 102         UK: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2018–2023 (USD MILLION) 154

TABLE 103         UK: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2024–2029 (USD MILLION) 154

11.3.4    GERMANY         155

11.3.4.1 Need to combat massive hit on mid-sized and critical infrastructures with focus on healthcare cybersecurity    155

TABLE 104         GERMANY: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2018–2023 (USD MILLION)             155

TABLE 105         GERMANY: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2024–2029 (USD MILLION)             156

TABLE 106         GERMANY: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)       156

TABLE 107         GERMANY: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)       156

TABLE 108         GERMANY: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE, 2018–2023 (USD MILLION)      156

TABLE 109         GERMANY: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION)      157

TABLE 110         GERMANY: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2018–2023 (USD MILLION)          157

TABLE 111         GERMANY: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2024–2029 (USD MILLION)          157

11.3.5    FRANCE             158

11.3.5.1 Growing threat of nation-state cyberattacks on government infrastructure              158

TABLE 112         FRANCE: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2018–2023 (USD MILLION)     158

TABLE 113         FRANCE: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2024–2029 (USD MILLION)     158

TABLE 114         FRANCE: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)            159

TABLE 115         FRANCE: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)            159

TABLE 116         FRANCE: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE, 2018–2023 (USD MILLION)            159

TABLE 117         FRANCE: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION)            159

TABLE 118         FRANCE: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2018–2023 (USD MILLION) 160

TABLE 119         FRANCE: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2024–2029 (USD MILLION) 160

11.3.6    REST OF EUROPE           160

TABLE 120         REST OF EUROPE: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE, 2018–2023 (USD MILLION)             161

TABLE 121         REST OF EUROPE: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE, 2024–2029 (USD MILLION)             161

TABLE 122         REST OF EUROPE: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)   162

TABLE 123         REST OF EUROPE: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)   162

TABLE 124         REST OF EUROPE: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE, 2018–2023 (USD MILLION)   162

TABLE 125         REST OF EUROPE: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION)   162

TABLE 126         REST OF EUROPE: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2018–2023 (USD MILLION)      163

TABLE 127         REST OF EUROPE: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2024–2029 (USD MILLION)      163

11.4       ASIA PACIFIC    163

11.4.1    ASIA PACIFIC: MANAGED DETECTION AND RESPONSE MARKET DRIVERS            164

11.4.2    ASIA PACIFIC: RECESSION IMPACT        164

FIGURE 38         ASIA PACIFIC: MANAGED DETECTION AND RESPONSE MARKET SNAPSHOT     165

TABLE 128         ASIA PACIFIC: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE, 2018–2023 (USD MILLION)             165

TABLE 129         ASIA PACIFIC: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE, 2024–2029 (USD MILLION)             166

TABLE 130         ASIA PACIFIC: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)   166

TABLE 131         ASIA PACIFIC: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)   166

TABLE 132         ASIA PACIFIC: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE, 2018–2023 (USD MILLION)   166

TABLE 133         ASIA PACIFIC: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION)   167

TABLE 134         ASIA PACIFIC: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2018–2023 (USD MILLION)      167

TABLE 135         ASIA PACIFIC: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2024–2029 (USD MILLION)      167

TABLE 136         ASIA PACIFIC: MANAGED DETECTION AND RESPONSE MARKET, BY COUNTRY/REGION, 2018–2023 (USD MILLION)      168

TABLE 137         ASIA PACIFIC: MANAGED DETECTION AND RESPONSE MARKET, BY COUNTRY/REGION, 2024–2029 (USD MILLION)      168

11.4.3    CHINA  168

11.4.3.1 Evolving digital landscape, strict regulations, and high adoption in BFSI sector              168

TABLE 138         CHINA: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2018–2023 (USD MILLION)     169

TABLE 139         CHINA: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2024–2029 (USD MILLION)     169

TABLE 140         CHINA: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE,  2018–2023 (USD MILLION)          169

TABLE 141         CHINA: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE,  2024–2029 (USD MILLION)          169

TABLE 142         CHINA: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE,  2018–2023 (USD MILLION)         170

TABLE 143         CHINA: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE,  2024–2029 (USD MILLION)         170

TABLE 144         CHINA: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2018–2023 (USD MILLION) 170

TABLE 145         CHINA: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2024–2029 (USD MILLION) 171

11.4.4    JAPAN  171

11.4.4.1 Rise in demand for robust cybersecurity solutions across verticals, specifically finance, healthcare, manufacturing, and government   171

TABLE 146         JAPAN: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2018–2023 (USD MILLION)     172

TABLE 147         JAPAN: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2024–2029 (USD MILLION)     172

TABLE 148         JAPAN: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE,  2018–2023 (USD MILLION)          172

TABLE 149         JAPAN: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE,  2024–2029 (USD MILLION)          172

TABLE 150         JAPAN: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE,  2018–2023 (USD MILLION)         173

TABLE 151         JAPAN: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE,  2024–2029 (USD MILLION)         173

TABLE 152         JAPAN: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2018–2023 (USD MILLION) 173

TABLE 153         JAPAN: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2024–2029 (USD MILLION) 174

11.4.5    AUSTRALIA & NEW ZEALAND   174

11.4.5.1 Significant growth of web application attacks and increase in demand for threat intelligent solutions and services      174

TABLE 154         AUSTRALIA & NEW ZEALAND: MANAGED DETECTION AND RESPONSE MARKET,  BY SECURITY TYPE, 2018–2023 (USD MILLION)    174

TABLE 155         AUSTRALIA & NEW ZEALAND: MANAGED DETECTION AND RESPONSE MARKET,  BY SECURITY TYPE, 2024–2029 (USD MILLION)    175

TABLE 156         AUSTRALIA & NEW ZEALAND: MANAGED DETECTION AND RESPONSE MARKET,  BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)              175

TABLE 157         AUSTRALIA & NEW ZEALAND: MANAGED DETECTION AND RESPONSE MARKET,  BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)              175

TABLE 158         AUSTRALIA & NEW ZEALAND: MANAGED DETECTION AND RESPONSE MARKET,  BY DEPLOYMENT MODE, 2018–2023 (USD MILLION)              175

TABLE 159         AUSTRALIA & NEW ZEALAND: MANAGED DETECTION AND RESPONSE MARKET,  BY DEPLOYMENT MODE, 2024–2029 (USD MILLION)              176

TABLE 160         AUSTRALIA & NEW ZEALAND: MANAGED DETECTION AND RESPONSE MARKET,  BY VERTICAL, 2018–2023 (USD MILLION) 176

TABLE 161         AUSTRALIA & NEW ZEALAND: MANAGED DETECTION AND RESPONSE MARKET,  BY VERTICAL, 2024–2029 (USD MILLION) 176

11.4.6    INDIA   177

11.4.6.1 Increased cases of cyberattacks and continuous adoption of cloud services              177

TABLE 162         INDIA: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2018–2023 (USD MILLION)     177

TABLE 163         INDIA: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2024–2029 (USD MILLION)     177

TABLE 164         INDIA: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE,  2018–2023 (USD MILLION)          178

TABLE 165         INDIA: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE,  2024–2029 (USD MILLION)          178

TABLE 166         INDIA: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE,  2018–2023 (USD MILLION)         178

TABLE 167         INDIA: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE,  2024–2029 (USD MILLION)         178

TABLE 168         INDIA: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2018–2023 (USD MILLION) 179

TABLE 169         INDIA: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2024–2029 (USD MILLION) 179

11.4.7    REST OF ASIA PACIFIC  179

TABLE 170         REST OF ASIA PACIFIC: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE, 2018–2023 (USD MILLION)       180

TABLE 171         REST OF ASIA PACIFIC: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE, 2024–2029 (USD MILLION)       180

TABLE 172         REST OF ASIA PACIFIC: MANAGED DETECTION AND RESPONSE MARKET,  BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)              180

TABLE 173         REST OF ASIA PACIFIC: MANAGED DETECTION AND RESPONSE MARKET,  BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)              180

TABLE 174         REST OF ASIA PACIFIC: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE, 2018–2023 (USD MILLION)              181

TABLE 175         REST OF ASIA PACIFIC: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION)              181

TABLE 176         REST OF ASIA PACIFIC: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL, 2018–2023 (USD MILLION)   181

TABLE 177         REST OF ASIA PACIFIC: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL, 2024–2029 (USD MILLION)   182

11.5       MIDDLE EAST & AFRICA             182

11.5.1    MIDDLE EAST & AFRICA: MANAGED DETECTION AND RESPONSE MARKET DRIVERS         183

11.5.2    MIDDLE EAST & AFRICA: RECESSION IMPACT   183

TABLE 178         MIDDLE EAST & AFRICA: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE, 2018–2023 (USD MILLION)       183

TABLE 179         MIDDLE EAST & AFRICA: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE, 2024–2029 (USD MILLION)       183

TABLE 180         MIDDLE EAST & AFRICA: MANAGED DETECTION AND RESPONSE MARKET,  BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)              184

TABLE 181         MIDDLE EAST & AFRICA: MANAGED DETECTION AND RESPONSE MARKET,  BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)              184

TABLE 182         MIDDLE EAST & AFRICA: MANAGED DETECTION AND RESPONSE MARKET,  BY DEPLOYMENT MODE, 2018–2023 (USD MILLION)              184

TABLE 183         MIDDLE EAST & AFRICA: MANAGED DETECTION AND RESPONSE MARKET,  BY DEPLOYMENT MODE, 2024–2029 (USD MILLION)              184

TABLE 184         MIDDLE EAST & AFRICA: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL, 2018–2023 (USD MILLION)   185

TABLE 185         MIDDLE EAST & AFRICA: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL, 2024–2029 (USD MILLION)   185

TABLE 186         MIDDLE EAST & AFRICA: MANAGED DETECTION AND RESPONSE MARKET, BY COUNTRY, 2018–2023 (USD MILLION)   185

TABLE 187         MIDDLE EAST & AFRICA: MANAGED DETECTION AND RESPONSE MARKET, BY COUNTRY, 2024–2029 (USD MILLION)   186

11.5.3    GULF COOPERATION COUNCIL (GCC) 186

11.5.3.1 Escalating need for cybersecurity solutions, digital transformation, and integration of advanced technologies in MDR services     186

TABLE 188         GCC: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2018–2023 (USD MILLION)     186

TABLE 189         GCC: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2024–2029 (USD MILLION)     187

TABLE 190         GCC: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE,  2018–2023 (USD MILLION)          187

TABLE 191         GCC: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE,  2024–2029 (USD MILLION)          187

TABLE 192         GCC: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE,  2018–2023 (USD MILLION)         187

TABLE 193         GCC: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE,  2024–2029 (USD MILLION)         188

TABLE 194         GCC: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2018–2023 (USD MILLION) 188

TABLE 195         GCC: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2024–2029 (USD MILLION) 188

TABLE 196         GCC: MANAGED DETECTION AND RESPONSE MARKET, BY COUNTRY,  2018–2023 (USD MILLION) 189

TABLE 197         GCC: MANAGED DETECTION AND RESPONSE MARKET, BY COUNTRY,  2024–2029 (USD MILLION) 189

11.5.3.2 KSA       189

11.5.3.2.1            High investments in cybersecurity and continuous training on implementing best cyber hygiene practices    189

TABLE 198         KSA: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2018–2023 (USD MILLION)     190

TABLE 199         KSA: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2024–2029 (USD MILLION)     190

TABLE 200         KSA: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE,  2018–2023 (USD MILLION)          190

TABLE 201         KSA: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE,  2024–2029 (USD MILLION)          190

TABLE 202         KSA: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE,  2018–2023 (USD MILLION)         191

TABLE 203         KSA: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE,  2024–2029 (USD MILLION)         191

TABLE 204         KSA: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2018–2023 (USD MILLION) 191

TABLE 205         KSA: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2024–2029 (USD MILLION) 192

11.5.3.3 UAE      192

11.5.3.3.1            Highly prone to security threats and looming danger on region’s vital infrastructures     192

TABLE 206         UAE: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2018–2023 (USD MILLION)     192

TABLE 207         UAE: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2024–2029 (USD MILLION)     193

TABLE 208         UAE: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE,  2018–2023 (USD MILLION)          193

TABLE 209         UAE: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE,  2024–2029 (USD MILLION)          193

TABLE 210         UAE: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE,  2018–2023 (USD MILLION)         193

TABLE 211         UAE: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE,  2024–2029 (USD MILLION)         194

TABLE 212         UAE: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2018–2023 (USD MILLION) 194

TABLE 213         UAE: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2024–2029 (USD MILLION) 194

11.5.3.4 Rest of GCC countries       195

11.5.4    SOUTH AFRICA 195

11.5.4.1 Rise in sophisticated cyberattacks, such as APT and ransomware, and public-private collaborations        195

TABLE 214         SOUTH AFRICA: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE, 2018–2023 (USD MILLION)             196

TABLE 215         SOUTH AFRICA: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE, 2024–2029 (USD MILLION)             196

TABLE 216         SOUTH AFRICA: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)   197

TABLE 217         SOUTH AFRICA: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)   197

TABLE 218         SOUTH AFRICA: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE, 2018–2023 (USD MILLION)   197

TABLE 219         SOUTH AFRICA: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION)   197

TABLE 220         SOUTH AFRICA: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL, 2018–2023 (USD MILLION)         198

TABLE 221         SOUTH AFRICA: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2024–2029 (USD MILLION)      198

11.5.5    REST OF MIDDLE EAST & AFRICA           198

TABLE 222         REST OF MIDDLE EAST & AFRICA: MANAGED DETECTION AND RESPONSE MARKET,  BY SECURITY TYPE, 2018–2023 (USD MILLION)    199

TABLE 223         REST OF MIDDLE EAST & AFRICA: MANAGED DETECTION AND RESPONSE MARKET,  BY SECURITY TYPE, 2024–2029 (USD MILLION)    199

TABLE 224         REST OF MIDDLE EAST & AFRICA: MANAGED DETECTION AND RESPONSE MARKET,  BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)              199

TABLE 225         REST OF MIDDLE EAST & AFRICA: MANAGED DETECTION AND RESPONSE MARKET,  BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)              200

TABLE 226         REST OF MIDDLE EAST & AFRICA: MANAGED DETECTION AND RESPONSE MARKET,  BY DEPLOYMENT MODE, 2018–2023 (USD MILLION)              200

TABLE 227         REST OF MIDDLE EAST & AFRICA: MANAGED DETECTION AND RESPONSE MARKET,  BY DEPLOYMENT MODE, 2024–2029 (USD MILLION)              200

TABLE 228         REST OF MIDDLE EAST & AFRICA: MANAGED DETECTION AND RESPONSE MARKET,  BY VERTICAL, 2018–2023 (USD MILLION) 200

TABLE 229         REST OF MIDDLE EAST & AFRICA: MANAGED DETECTION AND RESPONSE MARKET,  BY VERTICAL, 2024–2029 (USD MILLION) 201

11.6       LATIN AMERICA             201

11.6.1    LATIN AMERICA: MANAGED DETECTION AND RESPONSE MARKET DRIVERS            202

11.6.2    LATIN AMERICA: RECESSION IMPACT   202

TABLE 230         LATIN AMERICA: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE, 2018–2023 (USD MILLION)             202

TABLE 231         LATIN AMERICA: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE, 2024–2029 (USD MILLION)             203

TABLE 232         LATIN AMERICA: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)   203

TABLE 233         LATIN AMERICA: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)   203

TABLE 234         LATIN AMERICA: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE, 2018–2023 (USD MILLION)   203

TABLE 235         LATIN AMERICA: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION)   204

TABLE 236         LATIN AMERICA: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2018–2023 (USD MILLION)      204

TABLE 237         LATIN AMERICA: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2024–2029 (USD MILLION)      204

TABLE 238         LATIN AMERICA: MANAGED DETECTION AND RESPONSE MARKET, BY COUNTRY,  2018–2023 (USD MILLION)      205

TABLE 239         LATIN AMERICA: MANAGED DETECTION AND RESPONSE MARKET, BY COUNTRY,  2024–2029 (USD MILLION)      205

11.6.3    BRAZIL 205

11.6.3.1 Growth in awareness to protect critical infrastructures and sensitive data 205

TABLE 240         BRAZIL: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2018–2023 (USD MILLION)     206

TABLE 241         BRAZIL: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2024–2029 (USD MILLION)     206

TABLE 242         BRAZIL: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE,  2018–2023 (USD MILLION)          206

TABLE 243         BRAZIL: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE,  2024–2029 (USD MILLION)          206

TABLE 244         BRAZIL: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE,  2018–2023 (USD MILLION)         207

TABLE 245         BRAZIL: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE,  2024–2029 (USD MILLION)         207

TABLE 246         BRAZIL: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2018–2023 (USD MILLION) 207

TABLE 247         BRAZIL: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2024–2029 (USD MILLION) 208

11.6.4    MEXICO             208

11.6.4.1 Highly targeted country for cyberattacks and regulatory gap to increase vulnerability of organizations           208

TABLE 248         MEXICO: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2018–2023 (USD MILLION)     209

TABLE 249         MEXICO: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE,  2024–2029 (USD MILLION)     209

TABLE 250         MEXICO: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)            209

TABLE 251         MEXICO: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)            209

TABLE 252         MEXICO: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE, 2018–2023 (USD MILLION)            210

TABLE 253         MEXICO: MANAGED DETECTION AND RESPONSE MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION)            210

TABLE 254         MEXICO: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2018–2023 (USD MILLION) 210

TABLE 255         MEXICO: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL,  2024–2029 (USD MILLION) 211

11.6.5    REST OF LATIN AMERICA          211

TABLE 256         REST OF LATIN AMERICA: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE, 2018–2023 (USD MILLION)       212

TABLE 257         REST OF LATIN AMERICA: MANAGED DETECTION AND RESPONSE MARKET, BY SECURITY TYPE, 2024–2029 (USD MILLION)       212

TABLE 258         REST OF LATIN AMERICA: MANAGED DETECTION AND RESPONSE MARKET, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)              212

TABLE 259         REST OF LATIN AMERICA: MANAGED DETECTION AND RESPONSE MARKET,  BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)              212

TABLE 260         REST OF LATIN AMERICA: MANAGED DETECTION AND RESPONSE MARKET,  BY DEPLOYMENT MODE, 2018–2023 (USD MILLION)              213

TABLE 261         REST OF LATIN AMERICA: MANAGED DETECTION AND RESPONSE MARKET,  BY DEPLOYMENT MODE, 2024–2029 (USD MILLION)              213

TABLE 262         REST OF LATIN AMERICA: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL, 2018–2023 (USD MILLION)   213

TABLE 263         REST OF LATIN AMERICA: MANAGED DETECTION AND RESPONSE MARKET, BY VERTICAL, 2024–2029 (USD MILLION)   214

12          COMPETITIVE LANDSCAPE       215

12.1       KEY PLAYER STRATEGIES/RIGHT TO WIN          215

TABLE 264         OVERVIEW OF STRATEGIES ADOPTED BY KEY MANAGED DETECTION AND RESPONSE VENDORS 215

12.2       REVENUE ANALYSIS      217

FIGURE 39         REVENUE ANALYSIS OF KEY MARKET PLAYERS, 2019–2023 (USD MILLION)          217

12.3       MARKET SHARE ANALYSIS         218

FIGURE 40         SHARE OF LEADING COMPANIES IN MANAGED DETECTION AND RESPONSE MARKET, 2023 218

TABLE 265         MANAGED DETECTION AND RESPONSE MARKET: DEGREE OF COMPETITION 218

12.4       BRAND COMPARISON   220

FIGURE 41         MANAGED DETECTION AND RESPONSE MARKET: COMPARISON OF VENDORS’ BRANDS   220

12.5       COMPANY VALUATION AND FINANCIAL METRICS        221

12.5.1    COMPANY VALUATION 221

FIGURE 42         COMPANY VALUATION OF KEY VENDORS (USD BILLION)              221

12.5.2    FINANCIAL METRICS USING EV/EBIDTA            221

FIGURE 43         EV/EBIDTA, 2024            221

12.6       COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   221

12.6.1    STARS  222

12.6.2    EMERGING LEADERS    222

12.6.3    PERVASIVE PLAYERS     222

12.6.4    PARTICIPANTS 222

FIGURE 44         MANAGED DETECTION AND RESPONSE MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023      223

12.6.5    COMPANY FOOTPRINT: KEY PLAYERS, 2023      224

12.6.5.1 Company footprint            224

FIGURE 45         COMPANY FOOTPRINT, 2023    224

12.6.5.2 Solution footprint 224

TABLE 266         SOLUTION FOOTPRINT, 2023    224

12.6.5.3 Vertical footprint 225

TABLE 267         VERTICAL FOOTPRINT, 2023     225

12.6.5.4 Regional footprint              226

TABLE 268         REGIONAL FOOTPRINT, 2023    226

12.7       COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023          226

12.7.1    PROGRESSIVE COMPANIES       227

12.7.2    RESPONSIVE COMPANIES          227

12.7.3    DYNAMIC COMPANIES 227

12.7.4    STARTING BLOCKS       227

FIGURE 46         MANAGED DETECTION AND RESPONSE MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 228

12.7.5    COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023             228

12.7.5.1 Detailed list of key startups/SMEs   228

TABLE 269         MANAGED DETECTION AND RESPONSE MARKET: KEY STARTUPS/SMES           228

12.7.5.2 Competitive benchmarking of key startups/SMEs        229

TABLE 270         MANAGED DETECTION AND RESPONSE MARKET: COMPETITIVE BENCHMARKING OF  KEY STARTUPS/SMES, BY SOLUTION              229

TABLE 271         MANAGED DETECTION AND RESPONSE MARKET: COMPETITIVE BENCHMARKING OF  KEY STARTUPS/SMES, BY VERTICAL              230

TABLE 272         MANAGED DETECTION AND RESPONSE MARKET: COMPETITIVE BENCHMARKING OF  KEY STARTUPS/SMES, BY REGION              230

12.8       COMPETITIVE SCENARIO          231

12.8.1    PRODUCT LAUNCHES  231

TABLE 273         MANAGED DETECTION AND RESPONSE MARKET: PRODUCT LAUNCHES,  FEBRUARY 2021—APRIL 2024         231

12.8.2    DEALS  235

TABLE 274         MANAGED DETECTION AND RESPONSE MARKET: DEALS, FEBRUARY 2021—APRIL 2024     235

13          COMPANY PROFILES    241

13.1       KEY PLAYERS   241

(Business overview, Products/Solutions/Services offered, Recent developments, MnM view, Key strengths, Strategic choices, and Weaknesses and Competitive threats)*

13.1.1    CROWDSTRIKE 241

TABLE 275         CROWDSTRIKE: BUSINESS OVERVIEW  241

FIGURE 47         CROWDSTRIKE: COMPANY SNAPSHOT 242

TABLE 276         CROWDSTRIKE: PRODUCTS/SOLUTIONS/SERVICES OFFERED              242

TABLE 277         CROWDSTRIKE: PRODUCT LAUNCHES 243

TABLE 278         CROWDSTRIKE: DEALS 244

13.1.2    RAPID7 247

TABLE 279         RAPID7: BUSINESS OVERVIEW  247

FIGURE 48         RAPID7: COMPANY SNAPSHOT 248

TABLE 280         RAPID7: PRODUCTS/SOLUTIONS/SERVICES OFFERED  248

TABLE 281         RAPID7: PRODUCT LAUNCHES 249

TABLE 282         RAPID7: DEALS 250

13.1.3    RED CANARY    252

TABLE 283         RED CANARY: BUSINESS OVERVIEW      252

TABLE 284         RED CANARY: PRODUCTS/SOLUTIONS/SERVICES OFFERED              252

TABLE 285         RED CANARY: PRODUCT LAUNCHES     253

TABLE 286         RED CANARY: DEALS    254

13.1.4    ARCTIC WOLF  256

TABLE 287         ARCTIC WOLF: BUSINESS OVERVIEW    256

TABLE 288         ARCTIC WOLF: PRODUCTS/SOLUTIONS/SERVICES OFFERED              256

TABLE 289         ARCTIC WOLF: PRODUCT LAUNCHES   257

TABLE 290         ARCTIC WOLF: DEALS  258

TABLE 291         ARCTIC WOLF: EXPANSIONS     258

13.1.5    KUDELSKI SECURITY    260

TABLE 292         KUDELSKI SECURITY: BUSINESS OVERVIEW      260

TABLE 293         KUDELSKI SECURITY: PRODUCTS/SOLUTIONS/SERVICES OFFERED          260

TABLE 294         KUDELSKI SECURITY: PRODUCT LAUNCHES     261

TABLE 295         KUDELSKI SECURITY: DEALS    261

TABLE 296         KUDELSKI SECURITY: EXPANSIONS       262

13.1.6    SENTINELONE 264

TABLE 297         SENTINELONE: BUSINESS OVERVIEW   264

FIGURE 49         SENTINELONE: COMPANY SNAPSHOT  265

TABLE 298         SENTINELONE: PRODUCTS/SOLUTIONS/SERVICES OFFERED              265

TABLE 299         SENTINELONE: DEALS 266

13.1.7    PROFICIO          268

TABLE 300         PROFICIO: BUSINESS OVERVIEW            268

TABLE 301         PROFICIO: PRODUCTS/SOLUTIONS/SERVICES OFFERED              268

TABLE 302         PROFICIO: PRODUCT LAUNCHES          269

TABLE 303         PROFICIO: DEALS          269

13.1.8    EXPEL  270

TABLE 304         EXPEL: BUSINESS OVERVIEW    270

TABLE 305         EXPEL: PRODUCTS/SOLUTIONS/SERVICES OFFERED    270

TABLE 306         EXPEL: PRODUCT LAUNCHES   271

13.1.9    SECUREWORKS 272

TABLE 307         SECUREWORKS: BUSINESS OVERVIEW  272

FIGURE 50         SECUREWORKS: COMPANY SNAPSHOT 273

TABLE 308         SECUREWORKS: PRODUCTS/SOLUTIONS/SERVICES OFFERED              273

TABLE 309         SECUREWORKS: PRODUCT LAUNCHES 274

TABLE 310         SECUREWORKS: DEALS 274

TABLE 311         SECUREWORKS: EXPANSIONS   275

13.1.10  ALERT LOGIC   276

TABLE 312         ALERT LOGIC: BUSINESS OVERVIEW     276

TABLE 313         ALERT LOGIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED              276

TABLE 314         ALERT LOGIC: PRODUCT LAUNCHES   277

TABLE 315         ALERT LOGIC: DEALS   278

13.2       OTHER PLAYERS           279

13.2.1    TRUSTWAVE    279

13.2.2    MANDIANT       280

13.2.3    BINARY DEFENSE          281

13.2.4    SOPHOS             282

13.2.5    ESENTIRE          283

13.2.6    DEEPWATCH    284

13.2.7    NETSURION      284

13.2.8    GOSECURE       285

13.2.9    LMNTRIX           285

13.2.10  UNDERDEFENSE            286

13.2.11  ACKCENT          286

13.2.12  CYBEREASON   287

13.2.13  CRITICAL START            287

13.2.14  CYSIV   288

13.2.15  CRITICAL INSIGHT        288

*Details on Business overview, Products/Solutions/Services offered, Recent developments, MnM view, Key strengths, Strategic choices, and Weaknesses and Competitive threats might not be captured in case of unlisted companies

14          ADJACENT MARKETS    289

14.1       INTRODUCTION            289

TABLE 316         ADJACENT MARKETS    289

14.2       LIMITATIONS   289

14.3       MANAGED DETECTION AND RESPONSE ECOSYSTEM AND ADJACENT MARKETS          289

14.4       MANAGED SECURITY SERVICES MARKET           289

14.4.1    MANAGED SECURITY SERVICES MARKET, BY ORGANIZATION SIZE              290

TABLE 317         MANAGED SECURITY SERVICES MARKET, BY ORGANIZATION SIZE,  2016–2021 (USD MILLION)            290

TABLE 318         MANAGED SECURITY SERVICES MARKET, BY ORGANIZATION SIZE,  2022–2027 (USD MILLION)            290

TABLE 319         SMALL AND MEDIUM-SIZED ENTERPRISES: MANAGED SECURITY SERVICES MARKET,  BY REGION, 2016–2021 (USD MILLION) 290

TABLE 320         SMALL AND MEDIUM-SIZED ENTERPRISES: MANAGED SECURITY SERVICES MARKET,  BY REGION, 2022–2027 (USD MILLION) 290

TABLE 321         LARGE ENTERPRISES: MANAGED SECURITY SERVICES MARKET, BY REGION,  2016–2021 (USD MILLION)          291

TABLE 322         LARGE ENTERPRISES: MANAGED SECURITY SERVICES MARKET, BY REGION,  2022–2027 (USD MILLION)          291

14.5       CYBERSECURITY MARKET         291

14.5.1    CYBERSECURITY MARKET, BY ORGANIZATION SIZE      291

TABLE 323         CYBERSECURITY MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION) 291

TABLE 324         CYBERSECURITY MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 292

TABLE 325         SMALL AND MEDIUM-SIZED ENTERPRISES: CYBERSECURITY MARKET, BY REGION,  2016–2021 (USD MILLION)          292

TABLE 326         SMALL AND MEDIUM-SIZED ENTERPRISES: CYBERSECURITY MARKET, BY REGION,  2022–2027 (USD MILLION)          292

TABLE 327         LARGE ENTERPRISES: CYBERSECURITY MARKET, BY REGION, 2016–2021 (USD MILLION)          293

TABLE 328         LARGE ENTERPRISES: CYBERSECURITY MARKET, BY REGION, 2022–2027 (USD MILLION)          293

15          APPENDIX         294

15.1       DISCUSSION GUIDE      294

15.2       KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL             297

15.3       CUSTOMIZATIONS OPTIONS    299

15.4       RELATED REPORTS       299

15.5       AUTHOR DETAILS         300