HOME Research Insight Intrusion Detection System/Intrusion Prevention System (IDS/IPS): Surging market due to the increase in hacking attempts and sophisticated cyber threats



Intrusion Detection System/Intrusion Prevention System (IDS/IPS): Surging market due to the increase in hacking attempts and sophisticated cyber threats


Increasing cyber attacks and the evolution of security threats have been the major driving forces for advanced and innovative security solutions. The growing number of intrusion and hacking attacks has made network security a big issue for both enterprises and individual users. Hackers are using encrypted data, which are not detectable by the old intrusion detection systems, to hack valuable data and information from companies. All these issues have created a greater need for intrusion detection and prevention systems which can not only monitor the network traffic but also find solutions to stop them.

With the advent of virtualization technology, however, many security professionals have realized that the traditional intrusion detection tools may not integrate or operate within virtualized networks or systems as they did in traditional enterprise infrastructures. To provide protection from these threats and mitigate cyber attacks, vendors such as McAfee, Cisco, and Dell SecureWorks are innovating new technology products which are not dependent on signature-based blocking. These intrusion detection and prevention solutions have gone a level up with the sophistication of security threats and cyber attacks, and now security vendors are focused on Next Generation Intrusion Detection System/Intrusion Prevention System (NGIDS/NGIPS). Unlike previous intrusion detection systems, these NGIPS not only allow the organization to filter the packets but also add the ability to inspect applications.
To tackle these issues, companies are trying to combine host-based intrusion detection and prevention solutions with virtual platforms. There are numerous free open source offerings available such as Snort, Suricata, Bro and Shadow by companies such as VMware. These are VMwares free virtual appliances which can be connected within VMware virtual environments to monitor and detect intrusion attempts. All these factors are driving the IDS/IPS market and gaining traction among the enterprises.

These growing trends have pushed the overall market of Intrusion Detection and Prevention Systems (IDPS). The global market for IDPS is expected to grow from $2.716 billion in 2014 to $5.042 billion by 2019, at an estimated Compound Annual Growth Rate (CAGR) of 13.2%.

Related Reports:

Intrusion Detection System/Intrusion Prevention System (IDS/IPS) Market (Host Based IDS/IPS, Network Based IDS/IPS, Wireless IDS/IPS, On-premise & Cloud Deployment, Appliances, Software, Professional Services) - Global Advancements Forecasts & Analysis (2014-2019)

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