2021 Gartner® Market Guide for MDR Services

According to Gartner, “By 2025, 50% of organizations will be using MDR services for threat monitoring, detection and response functions that offer threat containment and mitigation capabilities.” This Market Guide helps security leaders understand the dynamics within the fast-growing managed detection and response (MDR) market.

MDR is about outcomes

This Market Guide makes clear a truth that drives everything we do at Red Canary: successful managed detection and response (MDR) is about ensuring desired security outcomes. In this Market Guide you’ll specifically learn:

  • Whether MDR could meet your threat detection and response needs
  • How to assess the different types of MDR providers
  • How the market is evolving
  • Which providers offer MDR services

Gartner predicts that

50%

of organizations will be using MDR services by 2025

$2.15

billion in revenue generated by 2025

20%

compound annual growth rate from 2021-2025

 
 
 
 

When done well, MDR helps you detect more threats while simultaneously reducing your mean-time-to-detect (MTTD) and respond (MTTR) to those threats. Successful MDR providers deliver measurable improvements to security operations as well as assurance that your detection and response program is excellent and always adapting to the latest threats.

There is a lot of confusion in the MDR market, though. Gartner cites over 100 providers of MDR as of 2021, and we know from experience that not all MDR is created equal. Put simply, many MDR providers do not deliver the breadth of coverage, high-fidelity detections, automated and fast response, and security expertise that true MDR yields. This guide will help you better understand the market so that you can approach the market in a smart and sophisticated way.

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Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of the Gartner Research & Advisory organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.