What Is The Current and Historic Market Size Analysis Of The Intrusion Deduction And Prevention System Market?
The intrusion deduction and prevention system market has seen considerable growth due to a variety of factors.
• The market for intrusion detection and prevention systems has seen robust growth in the past few years. The market is projected to expand from $5.61 billion in 2024 to $6.03 billion in 2025, marking a compound annual growth rate (CAGR) of 7.5%.
The previous growth can be credited to a rise in the occurrence and complexity of cyber attacks, technological advancements, and an increase in insider threats.
What Is The Forecast For The Intrusion Deduction And Prevention System Market Size?
The intrusion deduction and prevention system market is expected to maintain its strong growth trajectory in upcoming years.
• In the upcoming years, the market for intrusion deduction and prevention systems is forecasted to witness significant growth, reaching $7.63 billion in 2029, with a compound annual growth rate (CAGR) of 6.0%.
The increase during the forecast period can be ascribed to the amplification of digitization, a surge in the requirement for impenetrable security solutions, and heightened mobility. The principal trends during the forecast period comprise regulatory modifications, the landscape of cybersecurity threats, economic circumstances, and market dynamics.
What Are The Essential Drivers Behind The Growth Of The Intrusion Deduction And Prevention System Market?
The surge in cybersecurity threats is anticipated to drive the advancement of the intrusion detection and prevention system market. Cybersecurity threats encompass malicious actions or incidents that put systems, networks, devices, and data information at risk. These threats derive from dependence on technology, the augmentation of attack surfaces, and a deficiency in cybersecurity cognizance and training. Intrusion detection and prevention mechanisms are employed to proactively oversee networks, recognize dangers, and implement preventive measures to shield against cyber offenses, while preserving the integrity, privacy, and accessibility of their systems and data. For instance, as per the Australian Cyber Security Centre's report in February 2023, the Australia-based cyber security agency stated that the received cyber crime reports were 76,000 in 2022, a growth of 13% from the previous year. This surge in cybersecurity threats is fueling the expansion of the intrusion detection and prevention system market.
How Is The Global Intrusion Deduction And Prevention System Market Divided Into Key Segments?
The intrusion deduction and prevention system market covered in this report is segmented –
1) By Type: Host Based Intrusion Detection System, Network-Based Intrusion Detection System, Online Network Intrusion Detection System, Offline Network Intrusion Detection System
2) By Component: Hardware, Software, Services
3) By Deployment Type: On-Premises Deployment, Cloud Deployment
4) By End User: Banking, Financial Services, And Insurance, Retail And Ecommerce, Information Technology And Telecommunications, Other End Users
Subsegments:
1) By Host-Based Intrusion Detection System (HIDS): Signature-Based HIDS, Anomaly-Based HIDS, Hybrid-Based HIDS
2) By Network-Based Intrusion Detection System (NIDS): Signature-Based NIDS, Anomaly-Based NIDS, Stateful Protocol Analysis NIDS
3) By Online Network Intrusion Detection System: Real-Time Intrusion Detection, Cloud-Based Online Intrusion Detection, Hybrid Cloud Network Intrusion Detection
4) By Offline Network Intrusion Detection System: Batch Data Analysis, Forensic Data Collection And Analysis, Post-Incident Detection And Investigation
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How Are Emerging Trends Reshaping The Dynamics Of The Intrusion Deduction And Prevention System Market?
Leading firms in the intrusion deduction and prevention system market are creating progressive technological applications such as industrial intrusion prevention systems (IPS) to adapt to the ever-changing cybersecurity environment and augment robustness for vital infrastructure. This security solution is structured to shield critical infrastructure and industrial networks from online threats through the identification and restriction of nefarious activities. Moxa Inc., a tech firm based in Taiwan that focuses on edge connectivity, unveiled its industrial intrusion prevention systems (IPS) on its EDR-G9010 Series secure routers in October 2022, amplifying its cybersecurity measures for defending essential infrastructure. The assimilation of IPS technology into the EDR-G9010 series converts these routers into advanced, industrial next-gen firewalls that offer high-level threat detection and prevention capabilities. This series offers a complete secure router package that encompasses a firewall, Network Address Translation (NAT), Virtual Private Network (VPN), and switch operations. In addition, the IPS transforms the EDR-G9010 Series into an industrial next-gen firewall replete with threat identification and halting functions, further bolstering critical infrastructure against cyber threats.
Who Are the Key Players In The Intrusion Deduction And Prevention System Market?
Major companies operating in the intrusion deduction and prevention system market are:
• AT&T Inc.
• Robert Bosch LLC
• Hewlett Packard Enterprise Development LP
• Dell Technologies
• Tyco International Ltd.
• Palo Alto Networks
• Juniper Networks Inc.
• Allegion plc
• Nortek Inc.
• Check Point Software Technologies Ltd.
• Extreme Networks Inc.
• Bricata Inc.
• Hilstone Networks
• Symantec Corporation
• Huawei
• Corero Network Security Inc.
• Secureworks Inc.
• Fortinet Inc.
• Darktrace
• Trustwave Holdings
• Tipping Point
• AlertLogic
• ExtraHop Networks
• Cynet
What Are The Regional Insights Into The Intrusion Deduction And Prevention System Market?
North America was the largest region in the intrusion deduction and prevention system market in 2024. The regions covered in the intrusion deduction and prevention system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
