target audience: TECH BUYER Publication date: Apr 2024 - Document type: IDC MarketScape - Doc Document number: # US50101523
IDC MarketScape: Worldwide Emerging Managed Detection and Response Services 2024 Vendor Assessment
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Abstract
This IDC study presents a vendor assessment of emerging MDR service providers worldwide through the IDC MarketScape model. Using the IDC MarketScape model, 12 emerging MDR service providers with operations and customers worldwide were evaluated. This process included interviewing 11 providers and two or more customers from each provider, while for one that did not actively participate in this study, the evaluation was based on IDC's knowledge of its security services offerings and capabilities. Providers were measured in terms of current capabilities and future strategies for delivering MDR services to customers worldwide.
Yogesh Shivhare, research manager, Cybersecurity, says, "The managed detection and response services market is indeed a diverse landscape, teeming with a variety of service providers. It encompasses pure-play MDR providers, traditional managed security SPs that have evolved their managed security information and event management (SIEM) offerings into MDR, and security technology vendors that offer MDR services as part of their comprehensive security stack. Each of these vendors brings unique capabilities to the market, enabling them to meet the specific and unique needs of organizations across various sizes and industries. This diversity, while challenging for buyers due to the complexity of the market, ultimately leads to a more robust and tailored cybersecurity posture for the organizations that utilize these services."