The market for managed detection and response (MDR) security services will reach $5.6 billion by 2027, which represents a 16.0% compound annual growth rate (CAGR) from 2022, according to MarketsAndMarkets.The May 2022 research report is far more bullish than an August 2021 research report from Infinity Business Insights, which pegged the global MDR market at only $2.2 billion by 2027.Still, both research reports pointed to similar CAGR growth rates for MDR security services. In fact, MDR now ranks among the core eight managed security services typically offered by MSSPs, according to Gartner. And more than 90% of MSSPs now offer some form of MDR services, according to the annual Top 250 MSSP survey results for 2021.Remotely delivered modern security operations center (MSOC) functions. The functions allow organizations to “rapidly detect, analyze, investigate and actively respond through threat mitigation and containment.” A turnkey experience, using a predefined technology stack (covering areas such as endpoint, network and cloud services) to collect relevant logs, data and more.