Managed Detection and Response Market Share, Growth, Size | Industry Development And Forecast 2023-2030 The global Managed Detection and Response Market size 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, according to a new report by MarketsandMarkets™. The Managed Detection and Response (MDR) market is driven by the increasing complexity of cyber threats and the necessity for businesses to maintain robust, real-time security without significant investment in in-house resources. Download Report Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=168039027 List of Key Players in Managed Detection and Response Market: 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) As cybercriminals employ more advanced tactics, such as artificial intelligence-driven attacks and deepfakes, organizations find it challenging to keep pace using traditional security measures. MDR services provide a crucial lifeline by offering advanced threat intelligence, continuous monitoring, and rapid incident response, all managed by specialized experts. This outsourced model enhances an organization's security posture and allows businesses to focus on their core operations without diverting resources to build and maintain an extensive cybersecurity infrastructure internally. The rising demand for such comprehensive, efficient, and cost-effective security solutions is a crucial factor propelling the growth of the MDR market. Get Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=168039027