The increasing number of sophisticated cyber threats will lead to a rise in demand for Managed Detection and Response (MDR) solutions from small and medium businesses.
According to Frost & Sullivan’s recent analysis, Global Managed Detection and Response Market, Forecast to 2024, the market size is poised to grow at a CAGR of 16.4 percent between 2019 and 2024, with revenues expected to reach $1.9 billion.
