USD 5.9 billion
Report ID: SQSG45E2039 | Region: Global | Published Date: October, 2022 | Pages: 165
Global Intrusion Detection System Market was valued at USD 5.9 billion in 2021, and it is expected to attain a value of USD 8.64 billion by 2028 with a CAGR of 5.6% over the forecast period (2022-2028).
The cycle of control events that occur in a computer system are examined for signs of potential phishing incidents during intrusion detection. Programming for intrusion detection measures is called an intrusion detection system (IDS). The primary concern of an intrusion detection system (IDS) is to discern between dangerous activities. An intrusion prevention system (IPS) is software that can both detect intrusions and prevent them from happening in the future. BFSI applications dominate other diverse application sectors, including aviation, safety, transportation, and medical services, in terms of usage. The best way to protect online financial systems from attacks and incursions is to use an intrusion detection system (IDS), which is helping to increase the intrusion detection system market share internationally.
There are many options, ranging from antivirus software to cutting-edge systems that monitor the traffic of an entire major organization. The organization depends on the movement or discovery strategy under examination. Network interruption identification systems (NIDS) and host-based interruption discovery systems are supported by the dissect movement technique (HIDS). Through the use of a center point or organization switch configured for port reflecting, NIDS interfaces with many hosts and detects interruptions by examining network traffic. Comparatively, an expert on a host is used by an intrusion detection system to identify intrusions by examining framework calls, application logs, and document framework modifications. The location approach, on the other hand, includes signature-based identification, which makes use of clearly realized instances to distinguish malevolent code and oddity finding that are used to uncover abnormal behavior in the framework.
Global Market Size
USD 5.9 billion
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The global Intrusion Detection System market is segmented on the basis of component, type, deployment mode and region. Based on component, the market is segmented into solutions and services segments. On the basis of type, the market is segregated into network-based, wireless-based, network behavior analysis and host-based segments. Based on deployment mode, the market is segmented into cloud and on-premises sub segments. Based on region, the global Intrusion Detection System market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.
Analysis by component
During the projection period, the solution segment is anticipated to expand with a greater market size, by component. Cybersecurity firms provide IDPS as a service or as a solution. Modern, sophisticated cyberattacks pose a persistent threat to businesses. Advanced threats and malware are successful in breaching enterprise networks, despite the fact that businesses employ a variety of security technologies, each with a specific function for protecting the enterprise from unauthorized traffic entering the network.
Hardware, software, and services make up the three segments that make up the IDPS market. These hardware and software elements offer capabilities for intrusion detection and prevention on the network and are simple to install. Security companies provide this technology as an independent solution or as a tool that connects with an organization's current security architecture. Along with their solutions, security suppliers often provide supporting services that aid businesses in putting such solutions into practice.
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The intrusion detection and protection systems market is dominated by North America accounting for over 25.3% of the global market share, and is expected to expand at a CAGR of 13.3% over the course of the forecast years. This is explained by the fact that the area is home to numerous stable, established economies that support investment and make considerable investments in R&D initiatives, hence fostering the creation of new technology.
The markets for intrusion detection and protection systems in East Asia and South Asia account for 19.7% and 18.4% of the global market, respectively. They collectively account for 38.2% of the intrusion detection & protection systems market. The development and acceptance of methodologies like artificial intelligence, machine learning, big data analytics, internet of things (IoT), etc. in developing nations like China and India is credited with the fast growth. To broaden their customer base, small and medium-sized businesses are also expanding faster than ever before. Due to the region's increased vulnerability to malware and cyberattacks, intrusion detection and protection software is becoming increasingly important there. This is predicted to support market growth in the upcoming years of about 20%, or one-fifth of current levels.
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Due to the presence of numerous local and regional companies, the market for intrusion detection and prevention systems is extremely fragmented and competitive. Key players use a variety of marketing tactics, including mergers & acquisitions, expansions, collaborations, and partnerships. Additionally, the top businesses use new product creation as a strategic way to enhance their market position among consumers. These tactics led to the inclusion of sophisticated intrusion detection and security systems.
Top Players Company Profiles
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, the global Intrusion Detection System market is segmented based on component, type and deployment mode and regions. To modernize their work cultures, corporations are also implementing diverse ideas like work from home (WFH) and bring your own device (BYOD). With the use of IDPS software, IDPS solutions allow businesses to assure business continuity while protecting themselves against hostile threat actors and cybercriminals. To create analytics software to track the spread of COVID-19, numerous industries are heavily funding research and development.
|Market size value in 2021||USD 5.9 billion|
|Market size value in 2028||USD 8.64 billion|
|Forecast Unit (Value)||USD Billion|
|Regions covered||North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)|
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Parent Market Analysis
KEY MARKET INSIGHTS
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Global Intrusion Detection System Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Intrusion Detection System Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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