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Intrusion Detection System Market Set for Rapid Growth And Trend, by 2025

04-17-2017 03:27 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Intrusion Detection System Market Set for Rapid Growth

Intrusion detection system is a type of device or software application which supervises system or network activities for finding out policy violations and malicious activities and prepare reports accordingly to a management station. Growing concern of cyber threat and hacking has played vital role in adoption of Intrusion detection system among various business enterprises.

Intrusion Detection System Market: Drivers and Restraint

Global intrusion detection system market is expected to grow rapidly during the forecast period. Factors which are driving the growth of global intrusion detection system market are, increasing security threats to enterprise network, growing adoption among IT companies, increasing spending on IT security solution and services and increasing government pressure on compliance of policy and regulations. On the other hand, lack of understanding and awareness about intrusion detection system is a major restraining factor for the growth of intrusion detection system market. However, growing security market in developing economies is expected to create great opportunity for the growth of intrusion detection system market during the forecast period.

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Intrusion Detection System Market: Segmentation

Global intrusion detection system market is segmented on the basis of type, services and deployment model. On the basis of type, the global intrusion detection system market can be segmented into host based intrusion detection system (HIDS) and network based intrusion detection system (NIDS). Host intrusion detection system work on individual devices on network. It monitors inbound and outbound traffic of device only and alerts user or administrator if in case any malicious activity is detected. Network based intrusion detection system focus primarily on attacks that come from inside of network. It monitors traffic to and from all devices on the network. Further, network based intrusion detection system is sub segmented into on-line NIDS and off-line NIDS. On-line NIDS work with the network in real time whereas off-line NIDS deals with already stored data on system and process it to detect whether it is an attack or not.

On the basis of service, the global intrusion detection system market can be segmented into design and integration services, managed services, training & education and consultancy services.

On the basis of deployment model, the global intrusion detection system market can be segmented into on-premises deployment and cloud deployment

Intrusion Detection System Market: Region wise outlook

On the basis of region, the intrusion detection system market can be segmented into seven regions which includes, North America, Latin America, Western Europe, Asia-Pacific (excluding Japan), Eastern Europe, Japan and Middle East & Africa region. Further the market is sub-segmented as per the major countries of each region in order to provide better regional analysis of the intrusion detection system market. North America region is expected to dominate the global Intrusion Detection System Market during the period of forecast. It is because of high security awareness and increasing government spending on data safety & security. However, growing security market in developing economies expected to drive the growth of intrusion detection market in the region during the forecast period. Asia Pacific region is expected to witness high growth rate during the period of forecast. Furthermore, increasing investment in infrastructure and development of data center by major IT companies, expected to drive the growth of intrusion detection system market in Middle East & Africa region.

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Intrusion Detection System Market: Key Players

Key players in global intrusion detection system market are Tyco International Ltd., Robert Bosch LLC, Corero Network Security, Inc., Extreme Networks, Inc., Juniper Networks, Inc., NSFOCUS, Inc., McAfee, Inc. Nortek, Inc. and Allegion plc among other. Market players are focusing more on new product development and technological advancement as a part of their business strategy.

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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

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