HOME Research Insight Intrusion Detection and Prevention market and it is expected to grow steadily in the coming years

Intrusion Detection and Prevention market and it is expected to grow steadily in the coming years

Initially the Intrusion Detection and Prevention Systems (IDPS) use was limited by defense organizations and government agencies. But the increasing adoption of the internet in all sectors has opened a big space for these Intrusion Detection Service and Intrusion Prevention Service (IDS/IPS) systems across all short of industries. With the advent of technologies, companies are storing their data on clouds and data centers; hence protection of these valuable data is of prime importance. On the other hand rapid increase in the number of hacking attempts and the advancement in cyber threats have compelled the security vendors to go beyond just firewall and antivirus. All these factors have boosted the Intrusion Detection and Prevention market and it is expected to grow steadily in the coming years.

An IDS is a passive security system that provides traffic monitoring, and an IPS is an active security system that provides policies and rules for network traffic along with IDS alert. IDS informs of a potential attack, while an IPS attempts to stop it. These systems are used by almost all companies who want to keep their data and network secure from hacking and intrusions. These systems sit either before a firewall or as its backup to provide complete network security. With the sophistication of the security threats and cyber attacks, security vendors are also offering advanced security technologies and innovative solutions. Many companies such as McAfee, IBM, Cisco, and HP are now moving a step ahead in this league with advanced security products such as Next Generation Intrusion Prevention System (NGIPS). These products not only provide packet filtering of network traffic but also application control. The increasing pressure of government compliances and regulations has also compelled organizations to adopt higher security measures, which have boosted the IDS/IPS security market. IT companies have increased their security spending and a dedicated part of it is spent on IDS/IPS solutions and services.

With the increasing usage in different sectors, the IDPS security market is gaining traction, and it is expected that this market will grow up to $5.04 billion in 2019 from $2.71 billion in 2014 with a CAGR of 13.2%. At present in 2014 North America is the biggest market for intrusion detection and prevention system, but the growing economies of Europe and Asia such as Germany, Norway, Indonesia, China, India, Korea and others are a good opportunity for this market.

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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