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Intrusion Detection System / Intrusion Prevention System (IDS / IPS) Market Size

Report ID: GMI3178
Published Date: Mar 2019
Report Format: PDF

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Intrusion Detection System / Intrusion Prevention System Market Size

Intrusion Detection System / Intrusion Prevention System (IDS / IPS) Market size estimated at USD 3 billion in 2018 and is growing at a CAGR of over 12% between 2019 and 2025.

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The rising security threats, fear of data breaches and consistently changing regulatory landscape have resulted into the rapid development of IDS / IPS. The growing number of cyberattacks in enterprises such as malware, ransomware, and Denial of Service (DoS) have the ability to compromise the existing security systems in an enterprise. These security breaches have long-lasting and damaging effects in the enterprise in terms of regaining customer trust and rebuilding relationships. Hence, organizations worldwide have adopted improved security systems driving the demand for intrusion detection system / intrusion prevention system market.

Companies are adopting IDS / IPS devices to monitor their system and user activities, analyze system configurations and vulnerabilities, assess file and system integrity and track user policy violations. These companies are investing in R&D to enhance the efficiency of these systems for transforming their businesses and mitigating cyber threats. Various financial institutions, government agencies, healthcare and IT & telecom are the major industries investing in the intrusion detection system / intrusion prevention system applications with the cybersecurity expenditure expected to exceed USD 1 trillion between 2017 to 2021.

Intrusion Detection / Prevention System Market Report Attributes
Report Attribute	Details
Base Year:	2018
Intrusion Detection / Prevention System Market Size in 2018:	3 Billion (USD)
Forecast Period:	2019 to 2025
Forecast Period 2019 to 2025 CAGR:	12%
2025 Value Projection:	8 Billion (USD)
Historical Data for:	2014 to 2018
No. of Pages:	260
Tables, Charts & Figures:	379
Segments covered:	Component, Type, Deployment Model, Application and Region
Growth Drivers:	Growing incidents of cyberattacks and threats Rising investment on IT security solutions Increasing trend of BYOD devices Growing awareness among consumers regarding cybersecurity Increasing consumer demand for IDS/IPS
Pitfalls & Challenges:	Lack of understanding about IDS/IPS Limited security budgets among SMEs

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The rising penetration of smart phones and tablets and growing demand for employee mobility software and mobility service management are also driving the demand for IDS / IPS solutions. Companies encouraging BYOD are implementing security policies to strengthen their BYOD network components by enforcing granular access policies across tablets, laptops, and other mobile devices driving the intrusion detection system / intrusion prevention system market demand. For instance, by adopting intrusion detection system such as Snort the user gets an alert in case of an unauthorized access or suspicious activity at the workplace in real-time.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of intrusion detection / prevention system estimated at USD 3 billion in 2018.

The industry share of intrusion detection/prevention system is growing at a CAGR of over 12% between 2019 and 2025.

The United States may emerge as a major hub for IDS / IPS market on the grounds of expansive deployment of advanced technologies to improve the security features of various organizations.

Host based IDS / IPS carry an ability to analyze vital system files of a host, user’s logon activities, along with detecting local events on a host system, eventually detecting cyber-attacks.

Cloud based IDS/IPS models provide enhanced protection to organizational data by analyzing suspicious activities based on malicious behavior by monitoring and examining network traffic.

The key vendors operating in the market are Cisco, IBM, Trend Micro, Juniper Networks, Extreme Networks, Symantec Corporation, Sophos, Dell, McAfee, HP and Huawei.