Press release
Intrusion Detection and Prevention Market 2020 Global Growth, Industry Tends, Outlook and Forecast 2025 | Cisco, IBM, Palo Alto Networks, McAfee, Trend Micro Incorporated, Fortinet, FireEye, AT&T Intellectual Property, Darktrace, and Huawei Technologies C
The global intrusion detection and prevention market size is anticipated to reach over USD 7 billion by 2025. It is expected that it will grow at a CAGR of over 9% during the forecast period 2018-2025. The intrusion detection and prevention is the procedure of examining the actions happening on the network and evaluating them for any future incidents or threats. Also, with the capability of automation and artificial intelligence, the intrusion detection, and prevention systems not only detect the prominent threats but they automatically take preventive measures against such threats. Hence, eliminates the need for checking every single security issue by the security administrator.Request sample copy of this report at: https://www.adroitmarketresearch.com/contacts/request-sample/1542
The current and future intrusion detection and prevention market advances are defined to state the attractiveness of the market. Key impacting aspects focus on the intrusion detection and prevention market opportunities during the forecast period. Factors such as the rising number of cyber-attacks and data breaches are also the vital factor boosting the global intrusion detection and prevention market growth. Also, the growing data protection regulations and laws are other factors boosting the demand for intrusion detection and prevention solutions. However, However, the availability of free and open-source solutions are expected to impede market growth. Furthermore, the rising demand for cloud-based solutions and the growing BYOD trend in various organizations are some of the key factors expected to provide major growth opportunistic for the market in forthcoming years.
The report also highlights various aspects of the global intrusion detection and prevention industry by analyzing the market through value chain analysis. Besides, the Intrusion Detection and Prevention market report covers different qualitative aspects of the intrusion detection and prevention industry in market drivers, key industry opportunities, and restraints. Furthermore, the report proposes a comprehensive valuation of the market competitiveness along with company profiling of residents as well as global vendors.
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The intrusion detection and prevention market has solid competition among the early established and new players. Also, to capture a competitive advantage over the other industry players many industry players are aiming potential markets by forming collaboration and partnerships, agreements, mergers & acquisitions, acquiring new startups & other companies, and escalating their business presence.
In terms of industry vertical, the market is segmented into BFSI, IT & telecom, healthcare, retail, manufacturing, and others. The IT and telecom industry dominated the overall IDP market in 2019 and it is expected to do so throughout the forecast period. The growth of this segment is mainly attributed to the increasing attacks on IT infrastructure. However, the BFSI industry is anticipated to gather the major market growth during the forecast period due to the increasing adoption of smart banking solutions.
The Asia-Pacific region is projected to experience the highest growth throughout the forecast period. On the contrary, the North American region dominated the overall market in 2019 and it is expected to maintain its position throughout the forecast period 2018-2025. The dominance of this region is mainly attributed to the stringent regulations and increasing government initiatives to counter cyber-attacks.
The major players of the global intrusion detection and prevention market are Cisco, IBM, Palo Alto Networks, McAfee, Trend Micro Incorporated, Fortinet, FireEye, AT&T Intellectual Property, Darktrace, and Huawei Technologies Co. Moreover, the other potential players in the intrusion detection and prevention market are WatchGuard Technologies, Vectra AI, Armor Defense, Hilstone Networks, and AlertLogic. The recognized companies are coming up with innovative and new Intrusion Detection and Prevention Types. For instance, in April 2019, Trend Micro, a cybersecurity solutions provider partnered with Luxoft Holding, a digital strategy firm. With this partnership both the companies are planning to introduce Intrusion Prevention Systems (IPS) and Intrusion Detection System (IDS) to detect and prevent cyber-attacks on connected cars.
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Segment Overview of Global Intrusion Detection and Prevention Market
Component Overview, 2018-2025 (USD Million)
Platform
Services
Type Overview, 2018-2025 (USD Million)
Wireless-Based
Host-Based
Network-Based
Network Behavior Analysis
Industry Vertical Overview, 2018-2025 (USD Million)
BFSI
IT & Telecom
Healthcare
Retail
Manufacturing
Others
Regional Overview, 2018-2025 (USD Million)
North America
U.S.
Canada
Europe
UK
Germany
France
Rest of Europe
Asia Pacific
China
Japan
India
Rest of Asia-Pacific
Middle East and Africa
UAE
South Africa
Rest of Middle East and Africa
South America
Brazil
Rest of South America
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About Us:
Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market's size, key trends, participants and future outlook of an industry. We intend to become our clients' knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code- Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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