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

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

Global Intrusion Detection System/Intrusion Prevention System (IDS/IPS) Market to Reach US$9.7 Billion by 2030

The global market for Intrusion Detection System/Intrusion Prevention System (IDS/IPS) estimated at US$6.7 Billion in the year 2023, is expected to reach US$9.7 Billion by 2030, growing at a CAGR of 5.3% over the analysis period 2023-2030. Network-Based IDS/IPS, one of the segments analyzed in the report, is expected to record a 5.1% CAGR and reach US$4.2 Billion by the end of the analysis period. Growth in the Wireless-Based IDS/IPS segment is estimated at 5.7% CAGR over the analysis period.

The U.S. Market is Estimated at US$1.8 Billion While China is Forecast to Grow at 5.1% CAGR

The Intrusion Detection System/Intrusion Prevention System (IDS/IPS) market in the U.S. is estimated at US$1.8 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2030 trailing a CAGR of 5.1% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 4.9% and 4.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.2% CAGR.

Global Intrusion Detection System/Intrusion Prevention System (IDS/IPS) Market - Key Trends & Drivers Summarized

What Are Intrusion Detection and Prevention Systems and Why Are They Crucial for Cybersecurity?

Intrusion Detection Systems (IDS) and Intrusion Prevention Systems (IPS) are cybersecurity tools designed to monitor network traffic, detect suspicious activities, and prevent unauthorized access to digital systems. IDS primarily focuses on identifying potential threats and alerting administrators, while IPS takes a more proactive approach by automatically blocking or mitigating identified threats. These systems are crucial for cybersecurity as they provide a critical layer of defense against a wide range of cyber threats, including hacking attempts, malware, and data breaches. With the increasing frequency and sophistication of cyberattacks, IDS/IPS systems are becoming essential for organizations to protect their sensitive data, maintain the integrity of their networks, and comply with regulatory requirements. As cyber threats continue to evolve, the demand for advanced IDS/IPS solutions is growing, making them a key component of modern cybersecurity strategies.

How Are Technological Advancements Shaping the IDS/IPS Market?

Technological advancements are significantly shaping the IDS/IPS market, particularly through innovations in machine learning, artificial intelligence (AI), and cloud-based security solutions. The integration of AI and machine learning into IDS/IPS systems is enhancing their ability to detect and respond to threats in real-time by analyzing vast amounts of data and identifying patterns indicative of malicious activity. These technologies are also enabling IDS/IPS systems to adapt to new and evolving threats, providing more proactive and dynamic protection. The rise of cloud computing has led to the development of cloud-based IDS/IPS solutions that offer scalable and flexible security options for organizations of all sizes, particularly those with distributed or remote workforces. Additionally, advancements in threat intelligence and data analytics are improving the accuracy and effectiveness of IDS/IPS systems, reducing the number of false positives and enhancing overall security posture. These technological trends are driving the adoption of IDS/IPS systems across various industries, as organizations seek to stay ahead of emerging cyber threats and protect their critical assets.

Why Is There an Increasing Demand for IDS/IPS Systems Across Industries?

The demand for IDS/IPS systems is increasing across industries due to the growing need to protect sensitive data, ensure regulatory compliance, and safeguard against increasingly sophisticated cyber threats. In the financial services sector, where the risk of cyberattacks is particularly high, IDS/IPS systems are essential for protecting customer information and ensuring the security of online transactions. The healthcare industry, which handles vast amounts of personal health information, is also a significant adopter of IDS/IPS systems, as it seeks to comply with data protection regulations such as HIPAA and protect patient data from breaches. The retail industry, with its reliance on online sales and payment processing, is increasingly adopting IDS/IPS systems to prevent fraud and secure customer data. Additionally, government agencies and critical infrastructure sectors, such as energy and transportation, are investing in IDS/IPS systems to protect against cyber threats that could have national security implications. As industries continue to digitalize their operations and handle larger volumes of sensitive data, the demand for IDS/IPS systems is expected to grow.

What Factors Are Driving the Growth in the IDS/IPS Market?

The growth in the IDS/IPS market is driven by several factors related to technological advancements, the increasing frequency and sophistication of cyber threats, and the expanding need for regulatory compliance. One of the primary drivers is the advancement in AI and machine learning technologies, which have significantly enhanced the detection and response capabilities of IDS/IPS systems, making them more effective in combating emerging cyber threats. The increasing volume and complexity of cyberattacks, particularly those targeting critical infrastructure and financial systems, are also fueling demand, as organizations seek to protect their assets and ensure business continuity. The growing stringency of data protection regulations, such as GDPR and CCPA, is further propelling market growth, as compliance with these regulations often requires the implementation of robust security measures, including IDS/IPS systems. Additionally, the expansion of cloud-based services and remote work environments is creating new opportunities for the adoption of IDS/IPS systems, as organizations look for scalable and flexible security solutions that can protect their distributed networks. As these factors continue to influence the cybersecurity landscape, the IDS/IPS market is expected to experience sustained growth, driven by the need for advanced, reliable, and comprehensive security solutions.

Select Competitors (Total 42 Featured) -

• Check Point Software Technologies Ltd.
• Cisco Systems, Inc.
• Corero Network Security, Inc.
• Dell EMC
• Extreme Networks, Inc.
• Hewlett Packard Enterprise Development LP (HPE)
• IBM Corporation
• Juniper Networks, Inc.
• McAfee LLC
• NSFOCUS, Inc.

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