Exploring the Surge in Managed Detection and Response (MDR) Services: Market Growth Predictions through 2030

News | 17.01.2024

In the dynamic world of cybersecurity, the Managed Detection and Response (MDR) service market is experiencing a significant upsurge. A comprehensive report recently published by PRWireCenter, provides an in-depth analysis of the MDR service market's growth trajectory from 2024 to 2030. 

Market Growth and Key Drivers

The MDR service market is projected to witness considerable growth between 2024 and 2030. In 2022, the market demonstrated a steady growth rate, and this trend is expected to continue, bolstered by the strategic moves of key market players. The market's expansion is fueled by various services, including monitoring and detection, incident response, threat hunting, and other specialized services, catering to the needs of large enterprises and SMEs alike.

Leading Manufacturers in the MDR Service Market

The market is characterized by the presence of major players such as Forcepoint, Perimeter 81, Rapid7, Cynet, and many others who are shaping the industry landscape. These companies are pivotal in driving innovation and expanding market share through their comprehensive service offerings.

The main market players

Perch Security
Perimeter 81
Netwrix Corporation
SOC Prime
Ava Security
ID Agent
SECNAP Network Security
Trend Micro
SafeGuard Cyber
Cynet Security

Regional Insights

Geographically, North America has emerged as a dominant player in the MDR service market, closely followed by Europe. The Asia Pacific region also holds a significant market share, showcasing diverse market dynamics across various regions. 

Softprom is a Cybersecurity Distributor of Forcepoint, Perimeter 81, Rapid7, and Cynet. Softprom provides professional testing, training, installation, implementation, and technical support services.