Global Intrusion Detection System/Intrusion Prevention System (IDS/IPS) Market to reach USD 10.97 billion by 2025.
Global Intrusion Detection System/Intrusion Prevention System (IDS/IPS) Market valued approximately USD 3.5 billion in 2017 is anticipated to grow with a healthy growth rate of more than 13.54 % over the forecast period 2018-2025. major forces driving this market are sophistication of cyber threats, increased government pressure on security compliance and regulations, and increased spending on IT security solutions and services. The prime opportunities which are expected to boost this market are growing consumer market for IDS/IPS and increased virtualization pushing the IDS/IPS appliance market. Intrusion Detection Systems / Intrusion Prevention Systems (IDS/IPS) are network security technologies that examine network traffic flow for detecting and preventing any malicious intrusions. The global IDS/IPS market is witnessing robust growth, predominantly due to increasing BFSI and government expenditure on sophisticated security technologies in response to rising cybercrimes and hacking activities across the globe. Continuing increase in IT security spending across diverse industry verticals is being witnessed globally, due to surge in frequency and sophistication of cyber-attacks such as Dedicated Denial of Service Attacks (DDoS) and Advanced Persistent Threats (APT).
The regional analysis of Global Intrusion Detection System/Intrusion Prevention System (IDS/IPS) Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
- Network Based
- Host Based
- Aerospace, Defense and Intelligence
- Government (excluding defense) and Public Utilities
- IT and Telecommunication
- Healthcare and Life sciences
- North America
- Asia Pacific
- Latin America
- Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
The industry is seeming to be fairly competitive. Some of the leading market players include Checkpoint, Cisco, Corero Network Security, Extreme Networks, HP, IBM, Juniper Networks, Mcafee, Nsfocus and so on. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Target Audience of the Global Intrusion Detection System/Intrusion Prevention System (IDS/IPS) Market in Market Study:
- Key Consulting Companies & Advisors
- Large, medium-sized, and small enterprises
- Venture capitalists
- Value-Added Resellers (VARs)
- Third-party knowledge providers
- Investment bankers