Managed Detection and Response Market Witness the Growth of $1,658.0 Million by 2022
According to a research report “#Managed Detection and Response Market by Security Type (Endpoint, Network, Application, Cloud), Deployment (On-Premises, Hosted), Organization Size (SMEs, and Large Enterprises), Industry Vertical, and Region – Global Forecast to 2022″, The #MDR #market size is expected to grow from USD 419.7 Million in 2017 to USD 1,658.0 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 31.6% during the forecast period. The major forces driving the growth of the MDR market include the increase in the enterprise targeted cyber-attacks, shortage of cybersecurity practitioners, and need for compliance to various government regulations. Moreover, technological advancement and increasing adoption of technologies such as Internet of Things (IoT) across various end-use applications are some of the factors that are driving the market growth.
https://www.openpr.com/news/2139260/managed-detection-and-response-market-witness-the-growth
Hugh Taylor
Hugh Taylor is a Certified Information Security Manager (CISM). In addition to editing Journal of Cyber Policy, he writes about cybersecurity, compliance and enterprise technology for such clients as Microsoft, IBM, SAP, HPE, Oracle, Google and Advanced Micro Devices. Prior to launching his freelance writing career, he served in executive roles at Microsoft, IBM and several venture-backed technology startups.