Global Intrusion Detection System/Intrusion Prevention System (IDS/IPS) Market Outlook
The explosion in computer networks, attempts to breach information security, increasing sale of computers and electronic devices, and growing awareness among consumers regarding cyber security and valuable data protection are some of the factors driving the growth of the IDS/IPS market. According to this research report from IndustryARC, the global IDS/IDS market size was nearly $5 billion, and the market demand is projected to grow at a healthy CAGR of 12% during the forecast period of 2019 to 2025.
An intrusion occurs when an attacker attempts to get into an information system or cause disruption; which aims to do harm to the system data. Intrusion detection and prevention systems help information systems to formulate a mechanism and deal with malware. According to the 2018 Verizon Data Breach Investigations report, more than 53,000 security incidents happened around the world. The most network breaches attempts were successfully negotiated by the network within a few minutes. Two-thirds of the security incidents occurred because it is critical to both detect and prevent network intrusions proactively before the impact increases beyond control. According to the analyst of the report, geographically, North America dominates the consumption of intrusion prevention and intrusion detection systems and generated about 30% to 35% of the total demand in the year 2018.
Global Intrusion Detection System/Intrusion Prevention System Market: Segment Analysis
Intrusion detection is the process of handling the events occurring in a computer system and analyzing them for signs of possible phishing incidents. An intrusion detection system (IDS) is software which programs the intrusion detection process. The primary concern of an IDS is to detect unwanted and malicious activities. An intrusion prevention system (IPS) is software that has the capabilities of an intrusion detection system and it can also stop possible incidents. Based on application, BFSI application is dominating among other diverse application segments such as aerospace, defence, healthcare and transportation; it is estimated to grow with a CAGR close to 15% during the forecast period 2019-2025. IDS are efficiently using as a best solution to protect online financial systems against intrusions and attacks.
IDS can be operated based on technologies such as network intrusion detection systems (NIDS) and host intrusion detection systems (HIDS), wireless detection systems, and network behavior anomaly detection systems. NIDS are placed in the network to monitor traffic to and from all devices in the network. When an attack is identified, or irregular behavior is sensed, the alert will be sent to the administrator. Host based intrusion detection systems contain software agents installed on individual computers within the system. HIDS analyze the traffic only on the specific computer on which the intrusion detection software is installed. HIDS can monitor changes to key system files and can overwrite these files within any number of attempts, whereas NIDS cannot do these changes.
Global IDS/IPS Market Companies
The major players operating in the Intrusion Detection System/Intrusion Prevention System (IDS/IPS) market are Cisco, IBM, Fireeye, McAfee, Checkpoint Security, Juniper, Trend Micro, NSFocus, AhnLab, Huawei, Hillstone Networks, Dell Secureworks, Palo Alto Networks, Fortinet, and Symantec. IBM’s intrusion detection and prevention system provides robust, real time security monitoring, management and analysis of network and services. IBM’s Trusteer pinpoint malware detection advanced edition system detects malware-infected devices and also determines the nature of the threat and the potential risk.
An intrusion occurs when an attacker attempts to get into an information system or cause disruption. Intrusion detection and prevention systems help information systems to formulate, and deal with malware. Increasing sale of computers and electronic devices is the factor mainly contributed for the growth of the intrusion detection system/intrusion prevention system (IDS/IPS) market during the forecast period 2019 to 2025.
Global Intrusion Detection System/Intrusion Prevention System Market: Research Scope
The base year of the study is 2017, with forecast done up to 2023. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the plastics in IDS/IPS market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats.
Global IDS/IPS Market Report: Industry Coverage
The IDS/IPS market report also analyzes the major geographic regions for the market as well as the major countries for the market in these regions. The regions and countries covered in the study include:
- North America: The U.S., Canada, Mexico
- South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica
- Europe: The U.K., Germany, Italy, France, The Netherlands, Belgium, Spain, Denmark
- APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong
- Middle East and Africa: Israel, South Africa, Saudi Arabia