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By 2023, biologics constituted 44% of the therapeutic pipeline, with antibodies and recombinant proteins as leading categories. Nevertheless, advancements in these fields decelerated, with most of the expansion happening in heterologous cell treatments, synthetic nucleic acids, and viruses. The global biologics pipeline will shift toward more compl...

There have been increasing incidences of rare ophthalmic diseases (e.g., retinitis pigmentosa, Stargardt disease, Leber congenital amaurosis) and prevalent diseases (e.g., age-related macular degeneration [AMD], geographic atrophy). While clinicians have used small molecules as the conventional therapeutic modality to manage these diseases, the urg...

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...

Explosive trace detector devices and systems detect and identify trace amounts of explosives, illicit substances, and narcotics in airports and transportation, critical infrastructure, and government facilities. Revenue reached $6 billion globally in 2022 and is expected to grow significantly because of increasing security concerns, regulatory r...

Insurance is a vital safety net that protects individuals against the financial blowback of accidents by covering vehicle repairs, medical expenses, and potential liabilities. The automotive industry s increasing digitization has brought significant changes to automotive insurance. First notice of loss (FNOL) and digital accident detection and resp...

Air pollution entails the presence of harmful solid particles, liquid aerosols, or gases in high concentrations and for long periods that negatively affect human and environmental health, causing diseases and atmospheric phenomena such as smog and acid rain. Some of these pollutants are visible, including particulate matter (PM), smoke, and fumes, ...

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 ...

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...

This edition of the Cyber Security Technology Opportunity Engine (TOE) covers innovations related to emerging cyber security solutions. These include AI-based Security, Homographic Encryption, Managed Detection & Response, AI, Deception, and Pen Testing. The identified innovations can help companies to with threat detection, remediation, manage acc...