The Managed Detection and Response Market Size was valued at USD 3.4 Billion in 2023. It is expected to grow to USD 22.8 Billion by 2032 and grow at a CAGR of 23.6% over the forecast period of 2024-2032.

The Managed Detection and Response (MDR) Market delivers cybersecurity services that detect, analyze, and respond to threats in real-time. MDR combines advanced technologies like endpoint detection, threat intelligence, and expert-driven response to secure IT infrastructures.

Key growth drivers include increasing cyberattacks, the complexity of modern IT environments, and the need for 24/7 security monitoring. Companies like CrowdStrike, Rapid7, Palo Alto Networks, and Sophos are leading this market with AI-driven tools and proactive threat-hunting capabilities.

As businesses face evolving cybersecurity challenges, MDR services are becoming essential, particularly for small and medium enterprises (SMEs) that lack in-house expertise, driving significant market expansion.

Read More Details@ https://www.snsinsider.com/reports/managed-detection-and-response-market-3345 
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