target audience: TECH BUYER Publication date: Sep 2024 - Document type: IDC MarketScape - Doc Document number: # CA50101323
IDC MarketScape: Canadian 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 in Canada through the IDC MarketScape model. Using the IDC MarketScape model, 14 MDR service providers with operations and customers in Canada were evaluated. This process included interviewing 12 providers and two or more customers from each provider while for two that did not actively participate in this study, the evaluation was based on IDC's knowledge of their security services offerings and capabilities. Providers were measured in terms of current capabilities and future strategies for delivering MDR services to customers in Canada.
Yogesh Shivhare, research manager, Security and Infrastructure, 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 service providers that have evolved their managed security information and event management 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."