Search results for: 'incident response'

This study examines the global NDR market over the 2022–2030 forecast period. It finds that rising investment reflects NDR's evolution from a discretionary security enhancement into a foundational component of enterprise cyber defense, underscoring stronger buyer commitment and heightened vendor competition. Growth is driven by an expanding attack ...

Data breaches have risen in scale and complexity, and enterprises are investing in many solutions to address each new threat exposure. Often, such solutions operate in silos, generating alerts on multiple threat types. The security operations center (SOC) must handle and respond to each alert; when done manually, speed and accuracy suffer. SOCs con...

30 Apr 2020  |  Global  |  Market Research

Global Managed Detection and Response Market, Forecast to 2024

Attack Complexity will Drive Growth of MDR Services

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The managed detection and response (MDR) market generated $893.8 million in 2019; it is set to grow at a CAGR of 16.4% and reach $1,907.9 million by 2024. With the increasing number and complexity of threats, the internal management of information security has become increasingly laborious and costly. In this context, outsourcing should be vi...

Demand response (DR) models are enabling real-time analysis of customer demand trends and allowing the generation, transmission and distribution infrastructure to react accordingly. Growth in this market means utilities will increasingly invest in innovative technologies and predictive tools to reduce power generation costs as well as grid failure...

21 Feb 2024  |  Global  |  Market Research

Global Managed Detection and Response Growth Opportunities

Competitive Intensity Drives AI-powered Innovation and Extended Service Offerings in the Rapidly Evolving and Fast-growing MDR Space

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MDR is a managed security service that provides a combination of security tools, controls, and human expertise to deliver proactive 24x7 monitoring of a security environment and perform detection and response. While organizations have been providing SOC services for many years, MDR as a service has evolved. The change is due to fierce competition f...

The pace of cybersecurity evolution accelerated over the past decade. What was once perceived as a box-ticking exercise became a business enabler. The main driver for this paradigm shift is the massive increase in the number and severity of cyberattacks on organizations, including small and medium-sized businesses. Typically, point cybersecurit...

This strategic analysis is part of Frost & Sullivans continued coverage of the contact center marketplace. The study provides an insight into the traditional and speech-enabled interactive voice response (IVR) markets. This study primarily covers vendors that provide a DTMF-type IVR system at the basic level along with an option for speech-enabled...

Extended detection and response (XDR) is a fast-growing solution category that aims to address customer pain points in an ever-evolving threat landscape. The solution has three promises at its core: cross-layered detection and response, visibility, and actionability capabilities across all major threat vectors; meaningful automation that can empowe...

Managed detection and response (MDR) is a threat detection and response powerhouse and enjoys incredibly high adoption and rapid growth across the cybersecurity industry. MDR solutions are equipped with in-built capabilities to deliver extensive visibility over the environment and advanced detection of the most pervasive threats. It has become the ...