The North America Managed Detection and Response (MDR) Market would witness market growth of 16.1% CAGR during the forecast period (2022-2028).
MDR was created to address the issue of a company's cybersecurity skills gap. It addresses the problem of more emerging attacks that an in-house IT staff cannot adequately address, preferably at a lower cost than the organization would have to pay to develop its dedicated security team. MDR can also provide the company with access to hardware that it might not otherwise have. The figure below depicts the benefits that an organization can expect when MDR is implemented.
MSSPs (Managed Security Services Providers) are MDR's forerunners. MSSPs typically provide comprehensive network monitoring for events and transmit validated alarms to other tools or the security team, as well as a variety of additional services like technology management, updates, regulation, and vulnerability analysis, but they don't normally respond to threats. The client is responsible for carrying out such tasks, which may include specific knowledge that is not always available in-house. As a result, MSSP clients would need to hire extra consultants or vendors to help them with mitigation and remediation. MDR also provides prevention and restoration abilities, as well as the ability to give rapid results with minimal investment.
Cyberspace and its underlying architecture are vulnerable to a number of physical and cyber risks and hazards. Cyber actors and nation-states are developing capabilities to interrupt, damage, or threaten the delivery of important services, as well as exploiting weaknesses to scam information and money. Because of the capacity of hostile actors to operate from anywhere in the globe, the connections between cyberspace and physical world, and the complexity of decreasing weaknesses and consequences in complex cyber networks, cyberspace is extremely difficult to safeguard.
The cyberattack to vital infrastructure, which is extremely vulnerable to sophisticated cyber assaults that pose new risks, is causing rising alarm. As information systems and infrastructural activities become more integrated, there is a growing risk of large-scale or elevated disasters that might interrupt or damage services that are important to millions of Americans' economic and everyday lives. CISA increases the security and resiliency of cyberspace, a vital homeland security task, in view of the danger and potential effects of cyber incidents.
The US market dominated the North America Managed Detection and Response (MDR) Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,619.1 million by 2028. The Canada market is experiencing a CAGR of 18.7% during (2022 - 2028). Additionally, The Mexico market would exhibit a CAGR of 17.7% during (2022 - 2028).
Based on Security Type, the market is segmented into Endpoint Security, Network Security, Cloud Security, and Others. Based on Deployment Mode, the market is segmented into Cloud and On-premise. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Vertical, the market is segmented into BFSI, IT & ITeS, Government, Retail, Healthcare, Manufacturing, Energy & Utilities, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Managed Detection and Response (MDR) Market is Estimated to reach $6.1 Billion by 2028, at a CAGR of 16.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Crowdstrike Holdings, Inc., Rapid7, Inc., SentinelOne, Inc., Alert Logic, Inc. (HelpSystems, LLC), Sophos Group PLC (Thoma Bravo), Red Canary, Inc., Arctic Wolf Networks Inc., Kudelski Group (Kudelski Security), Singapore Telecommunications Limited (Trustwave Holdings, Inc.), and Secureworks, Inc. (Dell Marketing L.P.)
Scope of the Study
Market Segments Covered in the Report:
By ecurity Type
- Endpoint Security
- Network Security
- Cloud Security
- Others
By Deployment Mode
By Organization Size
- Large Enterprises
- Small & Medium Enterprises
By Vertical
- BFSI
- IT & ITeS
- Government
- Retail
- Healthcare
- Manufacturing
- Energy & Utilities
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Crowdstrike Holdings, Inc.
- Rapid7, Inc.
- SentinelOne, Inc.
- Alert Logic, Inc. (HelpSystems, LLC)
- Sophos Group PLC (Thoma Bravo)
- Red Canary, Inc.
- Arctic Wolf Networks Inc.
- Kudelski Group (Kudelski Security)
- Singapore Telecommunications Limited (Trustwave Holdings, Inc.)
- Secureworks, Inc. (Dell Marketing L.P.)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Managed Detection and Response (MDR) Market, by Security Type
1.4.2 North America Managed Detection and Response (MDR) Market, by Deployment Mode
1.4.3 North America Managed Detection and Response (MDR) Market, by Organization Size
1.4.4 North America Managed Detection and Response (MDR) Market, by Vertical
1.4.5 North America Managed Detection and Response (MDR) Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Recent Industry Wide Strategic Developments
3.1.1 Partnerships, Collaborations and Agreements
3.1.2 Product Launches and Product Expansions
3.1.3 Acquisition and Mergers
3.2 Top Winning Strategies
3.2.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.2.2 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2018, Jan – 2022, Apr) Leading Players
Chapter 4. North America Managed Detection and Response (MDR) Market by Security Type
4.1 North America Endpoint Security Market by Country
4.2 North America Network Security Market by Country
4.3 North America Cloud Security Market by Country
4.4 North America Other Security Type Market by Country
Chapter 5. North America Managed Detection and Response (MDR) Market by Deployment Mode
5.1 North America Cloud Market by Country
5.2 North America On-premise Market by Country
Chapter 6. North America Managed Detection and Response (MDR) Market by Organization Size
6.1 North America Large Enterprises Market by Country
6.2 North America Small & Medium Enterprises Market by Country
Chapter 7. North America Managed Detection and Response (MDR) Market by Vertical
7.1 North America BFSI Market by Country
7.2 North America IT & ITeS Market by Country
7.3 North America Government Market by Country
7.4 North America Retail Market by Country
7.5 North America Healthcare Market by Country
7.6 North America Manufacturing Market by Country
7.7 North America Energy & Utilities Market by Country
7.8 North America Others Market by Country
Chapter 8. North America Managed Detection and Response (MDR) Market by Country
8.1 US Managed Detection and Response (MDR) Market
8.1.1 US Managed Detection and Response (MDR) Market by Security Type
8.1.2 US Managed Detection and Response (MDR) Market by Deployment Mode
8.1.3 US Managed Detection and Response (MDR) Market by Organization Size
8.1.4 US Managed Detection and Response (MDR) Market by Vertical
8.2 Canada Managed Detection and Response (MDR) Market
8.2.1 Canada Managed Detection and Response (MDR) Market by Security Type
8.2.2 Canada Managed Detection and Response (MDR) Market by Deployment Mode
8.2.3 Canada Managed Detection and Response (MDR) Market by Organization Size
8.2.4 Canada Managed Detection and Response (MDR) Market by Vertical
8.3 Mexico Managed Detection and Response (MDR) Market
8.3.1 Mexico Managed Detection and Response (MDR) Market by Security Type
8.3.2 Mexico Managed Detection and Response (MDR) Market by Deployment Mode
8.3.3 Mexico Managed Detection and Response (MDR) Market by Organization Size
8.3.4 Mexico Managed Detection and Response (MDR) Market by Vertical
8.4 Rest of North America Managed Detection and Response (MDR) Market
8.4.1 Rest of North America Managed Detection and Response (MDR) Market by Security Type
8.4.2 Rest of North America Managed Detection and Response (MDR) Market by Deployment Mode
8.4.3 Rest of North America Managed Detection and Response (MDR) Market by Organization Size
8.4.4 Rest of North America Managed Detection and Response (MDR) Market by Vertical
Chapter 9. Company Profiles
9.1 Rapid7, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Product Launches and Product Expansions:
9.1.5.2 Acquisition and Mergers:
9.2 Crowdstrike Holdings, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Research & Development Expenses
9.2.4 Recent strategies and developments:
9.2.4.1 Partnerships, Collaborations, and Agreements:
9.2.4.2 Product Launches and Product Expansions:
9.2.4.3 Acquisition and Mergers:
9.3 Singapore Telecommunications Limited (Trustwave Holdings, Inc.) (Temasek Holdings (Private) Limited)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.4 Kudelski Group (Kudelski Security)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Recent strategies and developments:
9.4.3.1 Partnerships, Collaborations, and Agreements:
9.4.3.2 Product Launches and Product Expansions:
9.5 SecureWorks Corp. (Dell Marketing L.P.)
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Research & Development Expenses
9.5.4 Recent strategies and developments:
9.5.4.1 Partnerships, Collaborations, and Agreements:
9.5.4.2 Product Launches and Product Expansions:
9.6 Sophos Group PLC (Thoma Bravo)
9.6.1 Company Overview
9.6.2 Recent strategies and developments:
9.6.2.1 Product Launches and Product Expansions:
9.6.2.2 Acquisition and Mergers:
9.7 Red Canary, Inc.
9.7.1 Company Overview
9.7.2 Recent strategies and developments:
9.7.2.1 Partnerships, Collaborations, and Agreements:
9.7.2.2 Product Launches and Product Expansions:
9.8 Arctic Wolf Networks, Inc.
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Partnerships, Collaborations, and Agreements:
9.8.2.2 Acquisition and Mergers:
9.9 SentinelOne, Inc.
9.9.1 Company Overview
9.9.2 Recent strategies and developments:
9.9.2.1 Partnerships, Collaborations, and Agreements:
9.9.2.2 Product Launches and Product Expansions:
9.9.2.3 Acquisition and Mergers:
9.10. Alert Logic, Inc. (HelpSystems, LLC)
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Partnerships, Collaborations, and Agreements:
TABLE 1 North America Managed Detection and Response (MDR) Market, 2018 - 2021, USD Million
TABLE 2 North America Managed Detection and Response (MDR) Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Managed Detection and Response (MDR) Market
TABLE 4 Product Launches And Product Expansions– Managed Detection and Response (MDR) Market
TABLE 5 Acquisition and Mergers– Managed Detection and Response (MDR) Market
TABLE 6 North America Managed Detection and Response (MDR) Market by Security Type, 2018 - 2021, USD Million
TABLE 7 North America Managed Detection and Response (MDR) Market by Security Type, 2022 - 2028, USD Million
TABLE 8 North America Endpoint Security Market by Country, 2018 - 2021, USD Million
TABLE 9 North America Endpoint Security Market by Country, 2022 - 2028, USD Million
TABLE 10 North America Network Security Market by Country, 2018 - 2021, USD Million
TABLE 11 North America Network Security Market by Country, 2022 - 2028, USD Million
TABLE 12 North America Cloud Security Market by Country, 2018 - 2021, USD Million
TABLE 13 North America Cloud Security Market by Country, 2022 - 2028, USD Million
TABLE 14 North America Other Security Type Market by Country, 2018 - 2021, USD Million
TABLE 15 North America Other Security Type Market by Country, 2022 - 2028, USD Million
TABLE 16 North America Managed Detection and Response (MDR) Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 17 North America Managed Detection and Response (MDR) Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 18 North America Cloud Market by Country, 2018 - 2021, USD Million
TABLE 19 North America Cloud Market by Country, 2022 - 2028, USD Million
TABLE 20 North America On-premise Market by Country, 2018 - 2021, USD Million
TABLE 21 North America On-premise Market by Country, 2022 - 2028, USD Million
TABLE 22 North America Managed Detection and Response (MDR) Market by Organization Size, 2018 - 2021, USD Million
TABLE 23 North America Managed Detection and Response (MDR) Market by Organization Size, 2022 - 2028, USD Million
TABLE 24 North America Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 25 North America Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 26 North America Small & Medium Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 27 North America Small & Medium Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 28 North America Managed Detection and Response (MDR) Market by Vertical, 2018 - 2021, USD Million
TABLE 29 North America Managed Detection and Response (MDR) Market by Vertical, 2022 - 2028, USD Million
TABLE 30 North America BFSI Market by Country, 2018 - 2021, USD Million
TABLE 31 North America BFSI Market by Country, 2022 - 2028, USD Million
TABLE 32 North America IT & ITeS Market by Country, 2018 - 2021, USD Million
TABLE 33 North America IT & ITeS Market by Country, 2022 - 2028, USD Million
TABLE 34 North America Government Market by Country, 2018 - 2021, USD Million
TABLE 35 North America Government Market by Country, 2022 - 2028, USD Million
TABLE 36 North America Retail Market by Country, 2018 - 2021, USD Million
TABLE 37 North America Retail Market by Country, 2022 - 2028, USD Million
TABLE 38 North America Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 39 North America Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 40 North America Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 41 North America Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 42 North America Energy & Utilities Market by Country, 2018 - 2021, USD Million
TABLE 43 North America Energy & Utilities Market by Country, 2022 - 2028, USD Million
TABLE 44 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 45 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 46 North America Managed Detection and Response (MDR) Market by Country, 2018 - 2021, USD Million
TABLE 47 North America Managed Detection and Response (MDR) Market by Country, 2022 - 2028, USD Million
TABLE 48 US Managed Detection and Response (MDR) Market, 2018 - 2021, USD Million
TABLE 49 US Managed Detection and Response (MDR) Market, 2022 - 2028, USD Million
TABLE 50 US Managed Detection and Response (MDR) Market by Security Type, 2018 - 2021, USD Million
TABLE 51 US Managed Detection and Response (MDR) Market by Security Type, 2022 - 2028, USD Million
TABLE 52 US Managed Detection and Response (MDR) Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 53 US Managed Detection and Response (MDR) Market by Organization Size, 2018 - 2021, USD Million
TABLE 54 US Managed Detection and Response (MDR) Market by Organization Size, 2022 - 2028, USD Million
TABLE 55 US Managed Detection and Response (MDR) Market by Vertical, 2018 - 2021, USD Million
TABLE 56 US Managed Detection and Response (MDR) Market by Vertical, 2022 - 2028, USD Million
TABLE 57 Canada Managed Detection and Response (MDR) Market, 2018 - 2021, USD Million
TABLE 58 Canada Managed Detection and Response (MDR) Market, 2022 - 2028, USD Million
TABLE 59 Canada Managed Detection and Response (MDR) Market by Security Type, 2018 - 2021, USD Million
TABLE 60 Canada Managed Detection and Response (MDR) Market by Security Type, 2022 - 2028, USD Million
TABLE 61 Canada Managed Detection and Response (MDR) Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 62 Canada Managed Detection and Response (MDR) Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 63 Canada Managed Detection and Response (MDR) Market by Organization Size, 2018 - 2021, USD Million
TABLE 64 Canada Managed Detection and Response (MDR) Market by Organization Size, 2022 - 2028, USD Million
TABLE 65 Canada Managed Detection and Response (MDR) Market by Vertical, 2018 - 2021, USD Million
TABLE 66 Canada Managed Detection and Response (MDR) Market by Vertical, 2022 - 2028, USD Million
TABLE 67 Mexico Managed Detection and Response (MDR) Market, 2018 - 2021, USD Million
TABLE 68 Mexico Managed Detection and Response (MDR) Market, 2022 - 2028, USD Million
TABLE 69 Mexico Managed Detection and Response (MDR) Market by Security Type, 2018 - 2021, USD Million
TABLE 70 Mexico Managed Detection and Response (MDR) Market by Security Type, 2022 - 2028, USD Million
TABLE 71 Mexico Managed Detection and Response (MDR) Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 72 Mexico Managed Detection and Response (MDR) Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 73 Mexico Managed Detection and Response (MDR) Market by Organization Size, 2018 - 2021, USD Million
TABLE 74 Mexico Managed Detection and Response (MDR) Market by Organization Size, 2022 - 2028, USD Million
TABLE 75 Mexico Managed Detection and Response (MDR) Market by Vertical, 2018 - 2021, USD Million
TABLE 76 Mexico Managed Detection and Response (MDR) Market by Vertical, 2022 - 2028, USD Million
TABLE 77 Rest of North America Managed Detection and Response (MDR) Market, 2018 - 2021, USD Million
TABLE 78 Rest of North America Managed Detection and Response (MDR) Market, 2022 - 2028, USD Million
TABLE 79 Rest of North America Managed Detection and Response (MDR) Market by Security Type, 2018 - 2021, USD Million
TABLE 80 Rest of North America Managed Detection and Response (MDR) Market by Security Type, 2022 - 2028, USD Million
TABLE 81 Rest of North America Managed Detection and Response (MDR) Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 82 Rest of North America Managed Detection and Response (MDR) Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 83 Rest of North America Managed Detection and Response (MDR) Market by Organization Size, 2018 - 2021, USD Million
TABLE 84 Rest of North America Managed Detection and Response (MDR) Market by Organization Size, 2022 - 2028, USD Million
TABLE 85 Rest of North America Managed Detection and Response (MDR) Market by Vertical, 2018 - 2021, USD Million
TABLE 86 Rest of North America Managed Detection and Response (MDR) Market by Vertical, 2022 - 2028, USD Million
TABLE 87 Key Information – Rapid7, Inc.
TABLE 88 Key Information – CROWDSTRIKE HOLDINGS, INC.
TABLE 89 Key Information – Singapore Telecommunications Limited
TABLE 90 Key Information – Kudelski Group
TABLE 91 Key Information – SecureWorks Corp.
TABLE 92 Key Information – Sophos Group PLC
TABLE 93 Key Information – Red Canary, Inc.
TABLE 94 Key Information – Arctic Wolf Networks, Inc.
TABLE 95 Key information – SentinelOne, Inc.
TABLE 96 Key Information – Alert Logic, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 3 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2018, Jan – 2022, apr) Leading Players
FIG 4 Recent strategies and developments: Rapid7, Inc.
FIG 5 Recent strategies and developments: Crowdstrike Holdings, Inc.
FIG 6 Recent strategies and developments: Kudelski Group
FIG 7 Recent strategies and developments: Secureworks, Inc.
FIG 8 Recent strategies and developments: Sophos Group PLC
FIG 9 Recent strategies and developments: Red Canary, Inc.
FIG 10 Recent strategies and developments: Arctic Wolf Networks, Inc.
FIG 11 Recent strategies and developments: SentinelOne