Why Managed Detection and Response (MDR) is Essential in Modern Cybersecurity
QKS Group Projects 12.4% CAGR for Canada's Managed Detection and Response (MDR) Market by 2028.
The Managed Detection and Response market in Canada is
projected to experience above-average growth by 2028. This above-average growth
is primarily driven by the rising awareness of cyber threats and a strong
regulatory framework.
Canadian organizations are increasingly prioritizing
cybersecurity initiatives—particularly around email security—to combat advanced
threats such as phishing, malware, and data breaches. Government mandates,
including the Personal Information Protection and Electronic Documents Act
(PIPEDA), are further compelling businesses to adopt robust cybersecurity
solutions to ensure regulatory compliance and protect sensitive information.
This Study Will Address the Following Key Questions:
What is the current and projected competitive landscape of
the MDR market in Canada?
What are the key competitive dynamics shaping the Canadian
MDR market?
How will vendors position themselves across customer
segments—from SMBs to large enterprises—by 2028?
How will cloud-based and on-premises MDR offerings compare
by 2028 in Canada?
What are the strengths and challenges faced by vendors
operating in the Canadian MDR market?
What is the expected market outlook across major industries?
What competitive factors will influence vendor positioning
in the Canadian MDR space?
Strategic Market Insights
QKS Group defines Managed
Detection and Response (MDR) as “a third-party-managed solution that
integrates technology and human expertise to swiftly detect, analyze,
investigate, and respond to cyber threats.” MDR services provide rapid threat
identification and mitigation through the combination of advanced technologies
and expert-led threat hunting and incident response. These solutions protect a
wide range of enterprise assets—including endpoints, networks, hardware
systems, applications, OT/IoT environments—by continuously analyzing data to
deliver real-time defenses and actionable insights.
Vendors covered in this Study:
Arctic Wolf, Binary Defense, Bitdefender, BlueVoyant, Booz
Allen Hamilton, Cisco, Critical Start, CrowdStrike, Cybereason, Cyderes,
Cyberoo, Deepwatch, eSentire, Expel, Fortra, Group-IB, Integrity360, IBM,
Kaspersky, Kudelski Security, Kroll, Mandiant, Mnemonic, NCC Group, Obrela
Security, Ontinue, Optiv, Orange Cyberdefense, Pondurance, Proficio, Quorum
Cyber, Rapid7, Red Canary, Secureworks, SentinelOne, Sophos, Trustwave, and
WithSecure.
Also Read:
https://qksgroup.com/market-research/market-forecast-managed-detection-and-response-mdr-2024-2028-japan-7058
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