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IDS/IPS Market Growth Prospects, Key Vendors, Future Scenario Forecast to 2025

Author : Ronak Bora | Published Date : 2020-09-08 

Asia Pacific is anticipated to grow at the CAGR of over 17% in the IDS/IPS market. The rising disposable income, rapid economic development, high burglary rate, and growing government regulations for enhancing security are the key factors driving the market demand. The increasing investments in securing IT infrastructure and adoption of scalable and cost-effective cloud-based solutions also have a positive impact on the market. The growing economies including India, China, and South Korea also provide enhanced growth opportunities for the IDS/IPS market in this region.

The services market is anticipated to grow at the fastest rate in the global IDS/IPS market as it assists in ensuring protection from regularly evolving cyber threats. The service providers offer regular maintenance and updates to protect the systems deployed in corporate networks. The integration service providers market is anticipated to grow rapidly as these service providers enable enterprises to integrate their software in the multi-vendor environment. These service providers assist enterprises to update, consolidate, and build dynamic systems to prevent intrusion.

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The wireless network systems are widely used across various industry verticals due to the advantages they offer such as ease of installation and maintenance. However, these systems impose a great security risk to Wireless Local Area Networks (WLANs) causing potentially devastating consequences. Security issues ranging from session hijacking, misconfigured Wireless Access Points (WAP) to Denial of Service (DoS) can affect a WLAN; hence, organizations have adopted wireless-based IDS/IPS solutions to detect and fight against potential threats.

The hybrid IDS/IPS market is anticipated to grow at a CAGR of 15% over the forecast period. Cloud computing has provided new service paradigms to the internet technology. The possibility of intrusion is high due to the distributed nature of public and private cloud environments. The hybrid cloud platform helps in offering a complete visibility by integrating necessary security capabilities to an individual platform including vulnerability scanning, asset monitoring, intrusion, detection log management, behavioral monitoring, and continuous threat intelligence, driving the demand for IDS/IPS solutions.

The healthcare sector is projected to grow at a fast pace in the IDS/IPS market over the forecast period. The healthcare department carries full responsibility of vulnerable patients, critical patient data, expensive equipment, and controlled pharmaceutical substances. With technological advancements the healthcare sector has adopted various practices such as internet-based consulting with distant patients, multi-cloud SaaS & IaaS environment, and connected medical devices, expanding the attack surface. Hence, healthcare organizations are rapidly adopting IDS/IPS solutions to fight against cybercrimes and protect the integrity of patients, augmenting the IDS/IPS market growth.

The transportation and logistics sector has emerged as one of the most prominent application avenues for the global intrusion detection system market, fueled by the requirement of RFID tags in order to track the location of cargoes from the starting point to the destination. Not to mention, these systems have been gaining traction in this sector on account of the demand for door intrusion and tampering sensors that detect attempts of any type of intrusion in any of the boxes or containers and provide real time monitoring of vehicles and cargoes.

It has been speculated that in the years to come, next-gen IDS solutions will be designed to focus less on recognizing intruders and more toward sensing potentially apprehensive attacks or events. With the help of advanced AI algorithms, IDS market players are expected to brainstorm solutions that will be able to predict attacks beforehand and then provide an effective line of defense as opposed to the traditional approach.

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Major players operating in the IDS/IPS market include Cisco, Corero, IBM, Dell, Check Point, Juniper Networks, Extreme Networks, HP, McAfee, Huawei, Symantec Corporation, and Trend Micro. These companies are focused on developing cost-effective solutions for gaining a higher share in the competitive IDS/IPS market.

Table of Contents (ToC) of the report:

Chapter 6. IDS/IPS Market, By Type

6.1. Key trends, by type

6.2. Host-based IDS/IPS

6.2.1. Market estimates and forecast, 2014-2025

6.3. Wireless-based IDS/IPS

6.3.1. Market estimates and forecast, 2014-2025

6.4. Network-based IDS/IPS

6.4.1. Market estimates and forecast, 2014-2025

Chapter 7. IDS/IPS Market, By Deployment Model

7.1. Key trends, by deployment model

7.2. On-premise

7.2.1. Market estimates and forecast, 2014-2025

7.3. Cloud

7.3.1. Market estimates and forecast, 2014-2025

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/intrusion-detection-prevention-system-ids-ips-market

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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