Global Wireless Intrusion Prevention Systems Market to Witness Significant Growth, Valued at US$ 5.73 Billion in 2022

Market Size and Growth:

The Global Wireless Intrusion Prevention Systems (WIPS) Market, valued at US$ 5.73 billion in 2022, is anticipated to experience substantial growth over the forecast period. WIPS are security network systems designed to monitor, control, and prevent unauthorized access points, playing a crucial role in protecting wireless networks from cyber threats.

Wireless Intrusion Prevention Systems Market Report Scope and Research Methodology

The comprehensive analysis of the global Wireless Intrusion Prevention Systems Market provides insights into market dynamics, key players, and regional trends. The report covers market segments, including solutions like BFSI, Healthcare, Retail & E-Commerce, IT & Telecommunication, and Aerospace & Defense.

The report utilizes robust research methodologies, including data triangulation and comparative analyses, to estimate the market size and trends. Primary research from experts in top manufacturing companies and stakeholders validates critical information for evaluating market trends. The report employs top-down and bottom-up approaches to estimate global and regional market sizes.

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Drivers and Restraints:

The market is primarily driven by the increasing incidence of enterprise data breaches, resulting in significant financial losses globally. Cybersecurity concerns, particularly with the adoption of bring-your-own-device (BYOD) policies, are propelling the demand for WIPS solutions. However, concerns over cybersecurity expenditure, particularly among SMEs, and a lack of awareness of WIPS systems may hinder market growth.

Regional Insights:

North America, with a market share of 38.7% in 2022, is a key region for WIPS market growth, driven by major solution providers and the growing demand for high-speed data services. Asia Pacific is expected to witness rapid growth at a CAGR of 8.31% during the forecast period, fueled by increasing cyber-attacks and infrastructure transformation initiatives in countries like India, Japan, and China.

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Wireless Intrusion Prevention Systems Market Segmentation

by Technology

Hardware
Software
Services
Professional Services
Managed Services

by Implementation

Network
Hosted

by Application

BFSI
Healthcare
Retail & E-Commerce
IT & Telecommunication
Aerospace & Defense
Manufacturing
Government
Others

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Wireless Intrusion Prevention Systems Market Key Players

1. Fluke Corporation
2. WatchGuard Technologies
3. Vanderbilt Industries
4. Cisco Systems Inc.
5. Mojo Network, Inc.
6. McAfee
7. Check Point
8. Corero
9. Dell Corporation
10.IBM Corporation
11.Extreme Networks
12.Symantec
13.Metaflows, Inc.
14.AT&T Incorporation
15.Hewlett-Packard
16.Aruba
17.NetScout
18.Fortinet
19.ForeScout
20.Topsec
21.Venustech

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Table of content for the Wireless Intrusion Prevention Systems Market includes:

Global Wireless Intrusion Prevention Systems Market: Research Methodology
Global Wireless Intrusion Prevention Systems Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Global Wireless Intrusion Prevention Systems Market: Competitive Analysis

MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact

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