The 2024 State of Demand for MDR: Tremendous Growth For MSPs

The 2024 State of Demand for MDR: Tremendous Growth For MSPs The demand for always-on, fully managed cybersecurity is skyrocketing. A recent report reveals the global MDR market, worth $3.3 billion in 2023, is set to explode to $12.9 billion by 2030. That's a whopping 22.1% CAGR! Why this growth? Cyber threats are evolving. Customers need MSPs offering 24/7 MDR services to combat ransomware and sophisticated attacks. 96% faster than the norm. With 32 billion security events processed daily, Sophos slashes average threat response to Plus, it's CRN's 2023 Product of the Year, scoring top marks in revenue and profitability. MSPs, the message is clear: Sophos MDR isn't just a service; it's a growth multiplier. With over 19,500 organizations on board, it's the titan of MDR services, promising unparalleled protection and profitability in 2024.