Intrusion Detection & Protection System Market to Reflect Impressive Growth Rate by 2026

Posted on 2019-07-31 by Mark Hub in Industrial // 0 Comments

According to Fact.MR, the global intrusion detection & prevention system market is expected to represent a value of over US$ 11,500 Mn by the end of 2026.

With the growing need for distributing the IPS workload among various devices, security hazards has continued to persist in various organizations. Absence of a strong security system integrated in the network can lead to significant loss of imperative information. Unmonitored networks can further lead to intrusion through various malicious attacks on the system, due to which the organizations can run into various losses. As the need for protecting and detecting malware attacks on the system surfaces, demand for the intrusion prevention & detection system is expected to remain high in various organizations.

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Sales to Remain High in BFSI Industry

As the need for securing sensitive information continues to arise, demand for intrusion detection and protection solutions is projected to remain high in the large business organizations. In terms of revenue, the large enterprise deployment type segment is projected to represent the highest growth, recording more than US$ 2,000 Mn by 2026-end. On the other hand, the SaaS deployment type segment is projected to reflect a healthy CAGR throughout the forecast period.

Scope:
The scope of the Fact.MR’s report is to analyze the global intrusion detection & protection system market for the forecast period 2017-2026 and offer accurate and unbiased insights to the readers. Intrusion detection & protection system suppliers, stakeholders and manufacturers in the global information and communication technology industry can benefit from the analysis offered in this report. Comprehensive analysis regarding the impact of technological advancements such as cloud computing, internet of things (IoT), big data and artificial intelligence is detailed in this report. The comprehensive study throws light on various trends, dynamics and restrains shaping future of the market, which can serve as a platform of further study, interest and understanding for the leading industries, journals and trade magazines pertaining to global intrusion detection & protection system market.

Large Enterprise to Represent a Leading Segment

Growing need to maintain data integrity and security has led to surge in demand for intrusion detection and protection systems in large enterprises. On the basis of deployment type, the large enterprise segment is expected to represent a significant revenue growth, accounting for a value of over US$ 2,000 Mn by the end of 2026. In contrary, the SaaS deployment type segment is expected to register a robust CAGR during the forecast period.

Based on application, the network based IDS system segment is expected to generate significant revenues, recording a value of over US$ 1,900 Mn by the end of 2017. Moreover, the network based IDS system application segment is expected to register a healthy CAGR through 2026.

By industry, the BFSI segment is expected to represent a robust revenue growth, accounting for a value of over US$ 890 Mn by the end of 2026. In addition, the BFSI industry segment is expected to register a significant CAGR throughout the forecast period.

Competition Tracking

Leading market players operating in the global intrusion detection & prevention system market include IBM, Cisco Systems, Symantec Corporation, McAfee, CheckPoint Security Software Market, Trend Micro, Juniper Networks, Inc, TippingPoint, SourceFire and Trustwave.

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Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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