In terms of revenue, global managed detection & response market was valued at US$ 390.7 Mn in 2020 and is expected to reach US$ 1,501.6 Mn by 2030. The primary market participants include Acalvio Technologies, Inc., Alert Logic, Attivo Networks, BAE Systems, Booz Allen Hamilton, CyberInt, CyberTrap Software GmbH, Cynet, Datashield, eSentire, Fidelis FireEye, Inc., GuardiCore, NCC Group, Redscan, SecureLink, TRAPX SECURITY, etc.  TrapX Security released version 6.2 of its DeceptionGrid™ platform. The CEO ascertained that it is among the best products available in the market and is ready to combat with threats.

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Managed detection and response are advanced version of all-encompassing managed security services used to identify and combat with cyber security threats. The service offers security monitoring, threat hunting, incident response, incident analysis, threat intelligence, forensic investigation tools, etc. The complete system assists organizations in being more cognizant about risks they are facing currently or might in future and identifying the appropriate manner to eliminate the security risk. In order this highly efficient security a lot of elements are made to function together, to name some are artificial intelligence, machine learning, auto contain threats, orchestrate response, behavioral analytics, heuristics and others. A lot of human component contributes to all the above factors. There are security engineers and researchers who monitor networks, respond to security threats and even analyze incidents. It keeps an in-depth track of security analytics on endpoints, user behavior, anomaly, application, rules, signatures, network, etc.

The major driver for the industry is the surging number of cyber threats that the organizations nowadays are experiencing. Not only have the numbers inflated but even the sophistication of these threats have picked up a pace. Moreover, the modern threats have been adversely advancing so rapidly that its certainly impossible to manually mine through all security and data, identify the risk and mitigate it. To address all these issues the automated service of managed detection and response came to rescue.

An even more optimistic fact that makes the picture brighter is the use of ever evolving artificial intelligence. The machine intelligence will not just be able to search and repair the errors in security but will always be able to match the pace with the transitioning form of cyber-attacks. This will as usual reduce the vulnerability but the best thing that it brings on the table is reduced time to cope up with the sudden attack and extreme cost efficiency.

Though the driver and opportunity make the market look great but the biggest restraint it faces is the low awareness and hesitation that business yet have going completely digital. The penetration of digital platform is yet not omnipresent and thus managed detection and response system’s dispersion can’t reach its optimum level. All this lastly doesn’t erase the promising sight considering the expanding web of digitization.

Managed Detection & Response Market research added by Absolute Markets Insights, offers a comprehensive analysis of the growth trends prevailing in the global business arena. This report also provides definitive data regarding the market, size, marketing aspects, and revenue forecast of the industry. In addition, the study explicitly highlights the competitive status of major players in the projection schedule while focusing on their portfolio and regional expansion efforts.

The Global Managed Detection & Response Market Analysis to 2030 is a specialized and in-depth study of the Technology, Media, and Telecommunications industry, with an emphasis especially on the analysis of global market trends. The report aims to provide an overview of the enterprise content delivery networks and enterprise streaming software market with detailed market segmentation by component, type of deployment, industry vertical, and geography. The global market for enterprise content delivery networks and enterprise streaming software is expected to witness high growth during the forecast period.

Financial performance:
The overall turnover of the companies / segments for the years 2021, 2020 and 2019 is provided in the sub-heading “Financial performance” (listed companies) with the analysis and explanation of the increase or decrease. decrease in these due to factors such as mergers and acquisitions, profit or loss of any strategic business unit (SBU) and others.

Strategic initiatives:
Information relating to new product launches, strategic collaboration, mergers and acquisitions, regulatory approval and other company developments in the market is covered in the strategic initiatives section.

Managed Detection & Response Market: Regional analysis includes:
- Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia and Australia)
- Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
- North America (United States, Mexico and Canada.)
- South America (Brazil etc.)
- The Middle East and Africa (GCC countries and Egypt.)

This research provides detailed information on the major factors influencing the Managed Detection & Response market growth on a global and regional level (drivers, restraints, opportunities and challenges), forecast of market size, in terms of value, market share by region and segment; regional market positions; growth opportunities by segment and by country, strengths and weaknesses, brand portfolio; Marketing and distribution strategies; challenges and threats of current competition and prospects; Key Company Profiles, SWOTs and Growth Strategies.

The Managed Detection & Response market research covers a comprehensive analysis of the following data:
• Historical and future growth of the Global Managed Detection & Response market.
• Segmentation of enterprise content delivery network and enterprise streaming software market to highlight the growth prospects and trends impacting these segments.
• Change the consumption behavior of customers in different regions.
• Regional analysis on the basis of market share, growth prospects and key countries.
• Agreements, product launches, acquisitions and R&D projects of various players in the enterprise content delivery networks and enterprise streaming software market.

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