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Intrusion Deduction And Prevention System Market Poised to Hit $7.63 Billion by 2029 with Accelerating Growth Trends
Intrusion Deduction And Prevention System Market Size
Intrusion Deduction And Prevention System Market Size Growth Forecast: What to Expect by 2025?
The market size of the intrusion deduction and prevention system has seen considerable growth in the past few years. Its expansion is projected to continue, rising from $5.61 billion in 2024 to $6.03 billion in 2025, displaying a compound annual growth rate (CAGR) of 7.5%. Increased cyber attacks' frequency and sophistication, technological advancements, and heightened insider threats have all contributed to the growth witnessed during the historic period.
How Will the Intrusion Deduction And Prevention System Market Size Evolve and Grow by 2029?
The market size for intrusion deduction and prevention systems is anticipated to witness remarkable expansion in the upcoming years. By 2029, it is projected to attain a worth of $7.63 billion, exhibiting a Compound Annual Growth Rate (CAGR) of 6.0%. The rising digital environment, growing necessity for effective security measures, and augmented mobility can be reasons for this growth in the forecast period. Impressively, the anticipated trends during this time involve shifts in regulatory policies, enhancements in the landscape of cybersecurity threats, and the change in economic conditions and market dynamics.
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What Drivers Are Propelling the Growth of Intrusion Deduction And Prevention System Market Forward?
The amplified threats to cybersecurity are predicted to propel the expansion of the intrusion detection and prevention system market. Threats to cybersecurity can be explained as malicious events or actions that carry risk to networks, devices, data, and information systems. The existence of these threats is due to the dependence on technology, increased surfaces for attacks, and a scarcity of awareness and education about cybersecurity. Intrusion detection and prevention systems are implemented to actively observe networks, identify threats, and take preemptive measures to secure against cyber attacks while ensuring the safety, confidentiality, and accessibility of systems and data. For instance, the Australian Cyber Security Centre, an Australian cybersecurity agency, reported in February 2023 that there were 76,000 cybercrime instances in 2022, a rise of 13% from the prior year. Accordingly, the escalating threats to cybersecurity are fuelling the growth of the intrusion detection and prevention system market.
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Which Emerging Trends Are Transforming the Intrusion Deduction And Prevention System Market in 2025?
Leading firms in the intrusion deduction and prevention system market are striving towards creating advanced technological solutions, industrial intrusion prevention systems (IPS) being one of them, in order to adapt to the dynamic cybersecurity landscape and upgrade security measures for crucial infrastructure. These are security systems specifically designed to shield critical infrastructure and industrial networks from cyber threats by identifying and averting any harmful activities. For instance, Moxa Inc., a Taiwanese technology firm focusing on edge connectivity, in October 2022, incorporated industrial intrusion prevention systems (IPS) into its EDR-G9010 Series secure routers, thereby boosting its cybersecurity prowess to shield vital infrastructure. This assimilation of IPS tech into the EDR-G9010 series metamorphoses these routers into industrial next-gen firewalls, equipped with sophisticated threat identification and prevention functionalities. The series is a multifunctional secure router amalgamating firewall, NAT (Network Address Translation), VPN (Virtual Private Network), and switch functions. Moreover, the inclusion of IPS makes the EDR-G9010 Series an industrial next-gen firewall with threat detection and prevention features, further bolstering the protection of essential infrastructure from cyber assaults.
What Are the Key Segments in the Intrusion Deduction And Prevention System Market?
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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Who Are the Key Players Shaping the Intrusion Deduction And Prevention System Market's Competitive Landscape?
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 Geographic Markets Are Powering Growth in 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.
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