Showing 15 results
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Provider Compendium
Managed Detection and Response (MDR) Services – Provider Compendium 2025
June 30, 2025The rise of cloud computing, IoT devices, and IT-OT convergence has significantly expanded the attack surface, making enterprises more vulnerable to advanced cyber threats. Organizations struggle with managing complex security environments, bridging talent shortages, and balancing budget constraints while ensuring robust cybersecurity. As a result, they increasingly turn to Managed Detection and Response (MDR) providers for real-time threat visibility, automated incident containment, and seamless security integration. Providers are addressing these challenges by integrating cutting-edge innovations such as generative AI-driven threat detection, incident response, and threat investigation, Security Operations Center (SOC)-as-a-service for scalable cloud-based operations, and XDR capabilities for holistic telemetry coverage. The growing convergence of IT and OT security has also fuelled the demand for unified SOCs capable of managing diverse digital ecosystems. This compendium provides detailed and fact-based snapshots of 29 global MDR providers featured on the Managed Detection and Response (MDR) Services – Provider Compendium 2025. Each profile offers a comprehensive picture of the provider’s operations, delivery presence, solutions, investments, and market success. -
State of the Market
Cybersecurity Services State of the Market 2025
May 30, 2025The cybersecurity services market is rapidly evolving as enterprises grapple with an expanding digital threat landscape intensified by AI transformation. With increasing deployment of generative and agentic AI systems, security challenges are no longer limited to infrastructure – they now include data provenance, hallucinations, model manipulation, and autonomous decision-making governance. The global market size is estimated at US$94-97 billion in 2024, with expected double-digit growth led by increased demand for secure AI infrastructure, real-time threat intelligence, and zero-trust execution models. North America and Europe are leading adoption due to regulatory mandates such as DORA and NIS2, while industries such as BFSI, healthcare, and manufacturing are investing in segment-specific cybersecurity solutions. This report explores cybersecurity adoption patterns across industries, the strategic shift toward outcome-based service models, and the key role of secure-by-design principles in AI-enabled enterprises. It also introduces a risk mapping framework for AI transformation, highlighting the multilayered complexities of securing application, infrastructure, and model layers in generative and agentic AI systems. The report equips cybersecurity leaders with a structured playbook for secure AI adoption, spanning the stages of prioritization, preparation, engineering, deployment, orchestration, control, and tracking – enabling a secure, resilient, and scalable cybersecurity posture. Scope All industries and geographies Services: cybersecurity services, including secure AI transformation Methodology: based on Everest Group’s annual RFIs, buyer interviews, provider briefings, and trends analysis Contents In this report, we examine: The trends, demand drivers, and key enterprise concerns in the global cybersecurity services market Cybersecurity adoption patterns across industries and geographies The evolution of cybersecurity strategies to address AI-induced risks An enterprise playbook for secure AI transformation The market outlook and strategic imperatives for 2025 and beyond -
Feb. 28, 2025Cloud computing, IoT devices, and IT-OT convergence have significantly expanded enterprises' attack surfaces, making them more vulnerable to advanced cyber threats. Organizations struggle with managing complex security environments, bridging talent shortages, and balancing budget constraints while ensuring robust cybersecurity. As a result, they increasingly turn to Managed Detection and Response (MDR) providers for real-time threat visibility, automated incident containment, and seamless security integration. Providers are addressing these challenges by integrating cutting-edge innovations such as generative AI-driven threat detection, incident response, threat investigation, security-operations-center-as-a-service for scalable cloud-based operations, and extended detection and response capabilities for holistic telemetry coverage. IT and OT security’s growing convergence has also fueled the demand for unified security operations centers capable of managing diverse digital ecosystems. In this report, we assess 29 global MDR providers featured on the Managed Detection and Response (MDR) Services PEAK Matrix® Assessment 2025. The assessment is based on Everest Group’s annual RFI process for the calendar year 2024, interactions with leading MDR providers, client reference checks, and an ongoing analysis of the MDR services market. Scope All industries and geographies Contents In this report, we examine: MDR Services PEAK Matrix® assessment characteristics and providers’ positioning Key sourcing considerations for enterprises selecting MDR providers Providers’ key strengths and limitations Membership(s) Cybersecurity Sourcing and Vendor Management
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Provider Compendium
Cybersecurity Services Provider Compendium 2024 – Europe
Dec. 20, 2024European enterprises struggle with distinct cybersecurity challenges due to the region’s diverse cultural, linguistic, and regulatory landscape, demanding tailored solutions from providers. With rising generative AI usage, data security and governance laws, including the AI Act, are imposing stricter compliance requirements. Meanwhile, the proliferation of cloud computing, IoT, and remote work has expanded the cyberattack surface, increasing exposure to sophisticated cyber threats. In response, providers are advancing AI-driven threat detection, zero-trust frameworks, and SASE solutions. Autonomous security operations centers are increasingly adopting continuous monitoring and rapid threat mitigation. To stay competitive, providers are upskilling talent and automating processes to address cybersecurity skill shortages. As digital threats evolve, they must embrace adaptive security strategies and maintain agility to navigate Europe’s complex regulatory landscape. In this compendium, we provide detailed and fact-based snapshots of 28 global cybersecurity providers featured on the Cybersecurity Services PEAK Matrix® Assessment 2024 – Europe. Each profile offers a comprehensive picture of the provider’s operational overview, delivery presence, solutions on offer, investments, and market success. Scope Industry: all Geography: Europe Memberships Cybersecurity Sourcing and Vendor Management -
Provider Compendium
Cybersecurity Services Provider Compendium 2024 – North America
Nov. 25, 2024Cybersecurity services’ demand in North America has significantly grown, driven by rapid digital transformation, evolving cyber threats, and heightened regulatory scrutiny. The attack surface has expanded as businesses adopt cloud-based infrastructures and remote work models, making robust cybersecurity measures essential. As organizations aim to protect sensitive data, mitigate risks, and ensure compliance with evolving regulations such as CCPA and HIPAA, they are increasingly adopting key service areas such as managed detection and response, identity and access management, and cloud security. Furthermore, industries such as BFSI, healthcare, and manufacturing are leading the charge in prioritizing advanced cybersecurity solutions to address industry-specific vulnerabilities. This trend is expected to continue as North America remains a prime target for cyberattacks, driving innovation and investment in proactive, adaptive, and resilient cybersecurity strategies. This compendium provides detailed and fact-based snapshots of 30 global cloud security providers featured on the Cybersecurity Services PEAK Matrix® Assessment 2024 – North America. Each profile comprehensively outlines the provider’s offerings, operations, delivery presence, investments, and market success. Scope Industry: all-encompassing industries worldwide Geography: North America Membership(s) Cybersecurity Sourcing and Vendor Management -
Provider Compendium
Cybersecurity Services Specialists – Provider Compendium 2024
Nov. 21, 2024The demand for comprehensive cybersecurity services is increasing worldwide due to hybrid working models, rapid digitalization initiatives expanding the attack surface, evolving regulations, and escalating cyber threats. These factors drive businesses to invest in advanced cybersecurity solutions for operational security, regulatory compliance, and customer trust. Additionally, as governments worldwide enforce stricter data protection and security regulations, enterprises face increasing pressure to adhere to localized data privacy laws. In response to these pressures, the C-suite is now more actively involved in cybersecurity decision-making, driven by heightened awareness of the potential impact on business operations and reputation. Enterprises are now seeking cybersecurity services specialist providers offering highly tailored and cost-effective solutions and expertise to their cybersecurity portfolios. This compendium provides detailed and fact-based snapshots of 12 global cybersecurity services providers featured on the Cybersecurity Services Specialists PEAK Matrix® Assessment 2024. Each profile comprehensively captures the provider’s operational overview, delivery presence, solution offerings, investments, and market success Scope All industries and geographies Services: cybersecurity services The assessment is based on Everest Group’s annual RFI process for the calendar year 2024, interactions with leading cybersecurity providers, client reference checks, and an ongoing analysis of the cybersecurity services market The assessment is focused on cybersecurity services specialist providers that meet the below criteria: At least 50% of firm’s annual revenue is attributed to cybersecurity services Overall number of cybersecurity FTEs is less than 5,000 Overall firm revenue is less than US$2 billion Contents In this report, we examine 12 cybersecurity providers’ profiles and key strengths and limitations and provide enterprise sourcing considerations Membership(s) Cybersecurity Sourcing and Vendor Management -
Oct. 10, 2024The demand for comprehensive cybersecurity services is increasing globally due to hybrid working models, rapid digitalization initiatives expanding the attack surface, evolving regulations, and escalating cyber threats. These factors drive businesses to invest in advanced cybersecurity solutions that can safeguard their operations, ensure regulatory compliance, and maintain customer trust. Additionally, as governments worldwide enforce stricter data protection and security regulations, enterprises face increasing pressure to comply with these regulations and adhere to localized data privacy laws. In response to these pressures, the C-suite is now more actively involved in cybersecurity decision-making, driven by heightened awareness of the potential impact on business operations, reputation, and compliance. Global enterprises are now seeking cybersecurity services specialist providers offering highly tailored and cost-effective cybersecurity solutions and bringing deep expertise to their cybersecurity portfolios. In this report, we comprehensively analyze 12 cybersecurity services providers as featured on the Cybersecurity Services Specialists PEAK Matrix® Assessment 2024. The research will help buyers select the right-fit provider for their needs, while providers will be able to benchmark themselves against each other. Scope All industries and geographies Services: Cybersecurity services The assessment is based on Everest Group’s annual RFI process for the calendar year 2024, interactions with leading cybersecurity service providers, client reference checks, and an ongoing analysis of the cybersecurity services market The assessment is focused on cybersecurity services specialist providers that meet the below criteria: At least 50% of firm’s annual revenue attributed to cybersecurity services Overall number of cybersecurity FTEs less than 5,000 Overall firm revenue less than $2 billion Contents In this report, we examine Cybersecurity services specialists PEAK Matrix characteristics 12 cybersecurity services specialist providers’ profiles Providers’ key strengths and limitations Enterprise sourcing considerations Membership(s) Cybersecurity Sourcing and Vendor Management
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Oct. 08, 2024Due to the region’s diverse cultural, linguistic, and regulatory landscape, European enterprises face unique cybersecurity demands, requiring customized solutions from providers. The region's data security and governance laws are rapidly tightening, especially with generative AI’s growing popularity. The AI Act and other regulations introduce new compliance requirements that European businesses must meet. On the other hand, cloud computing, IoT, and remote work have expanded the attack surface, increasing vulnerability to cyber threats. In response, providers are developing AI-driven threat detection, zero-trust frameworks, and SASE solutions. Autonomous security operations centers are also gaining traction to provide continuous monitoring and rapid threat response. To stay competitive, providers are upskilling their workforce and automating processes to address the skill gap in cybersecurity. As digital threats evolve, providers must prioritize adaptive security measures and remain flexible to thrive in Europe’s complex regulatory environment. In this research, we assess 28 European cybersecurity providers, featured on the Cybersecurity Services PEAK Matrix® Assessment 2024. The assessment is based on Everest Group’s annual RFI process for the calendar year 2024, interactions with leading cybersecurity providers, client reference checks, and the cybersecurity services market’s ongoing analysis. Scope All-encompassing industries worldwide Geography: Europe Contents In this report, we examine: Cybersecurity Services PEAK Matrix® characteristics in Europe Sourcing considerations for enterprises Providers’ key strengths and limitations in Europe Membership(s) Cybersecurity Sourcing and Vendor Management
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Sep. 13, 2024The increasing reliance on digital technologies has driven a significant rise in robust cybersecurity services’ demand in North America. Cloud computing, IoT devices, and remote work’s rapid adoption has expanded the attack surface for cybercriminals, making organizations more vulnerable to sophisticated threats such as data breaches and ransomware. This has created urgent challenges such as skilled professionals’ shortage and strict regulatory requirements for enterprises. Providers are developing advanced cybersecurity solutions, such as AI-driven threat detection, zero trust, secure access service edge, gen AI security, quantum security, and autonomous security operations center, to combat these challenges. They are also investing in talent development and automation to address the skill gap. As the digital landscape evolves, the focus on proactive and adaptive security measures is expected to drive continued growth in cybersecurity. In this research, we assess 30 North American cybersecurity providers, featured on the Cybersecurity Services PEAK Matrix® Assessment 2024. The assessment is based on Everest Group’s annual RFI process for the calendar year 2024, interactions with leading cybersecurity providers, client reference checks, and the cybersecurity services market’s ongoing analysis. Scope Industry: all-encompassing industries worldwide Geography: North America Contents In this report, we examine: Cybersecurity Services PEAK Matrix® characteristics in North America Enterprise sourcing considerations Providers’ key strengths and limitations in North America Membership(s) Cybersecurity Sourcing and Vendor Management
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Viewpoint
Security for Modern Infrastructure
Aug. 30, 2024Rapidly transforming digital modernization in IT infrastructure has unified cloud, on-premise, and edge environments. This integration amplifies complexity and broadens the attack surface, heightening the infrastructure's susceptibility to cyber threats. Modern infrastructure demands a contemporary approach for enhanced preparedness against evolving threats. Enterprises must integrate next-gen technologies to achieve holistic cybersecurity, emphasizing economy, efficiency, and effectiveness. Recognizing cybersecurity as a business growth enabler rather than just a cost is essential for enterprises. This viewpoint highlights the need for an evolved cybersecurity approach tailored to this modern infrastructure. This report is based on Everest Group’s comprehensive research, industry expertise, interactions with leading providers and enterprises, and ongoing market analysis. Scope All industries and geographies Contents In this report, we examine: Modern infrastructure security Evolving cyber threats in modern infrastructure Security adoption guide for enterprises Next-gen cybersecurity solutions Enterprise considerations for Proactive, Panaroma, Resist, and Regain (P2R2) framework adoption Membership(s) Cybersecurity Sourcing and Vendor Management