It’s being expected that by 2032, the Intrusion Detection and Prevention market cap will hit 18.4 B at a CAGR growth of about 12.8%.
.jpg "The Global Intrusion Detection And Prevention Market 2022-2032 (USD Billion)")
The intrusion detection and prevention involves simulated and separate physical appliances that examine network traffic analytics in the cloud or on-premises. In addition, intrusion detection and prevention systems are usually located in the network to scrutinize the traffic which has passed over perimeter security devices such as email gateways, web gateways, and firewalls. The intrusion detection and prevention solutions detect malicious activities through various methods such as behavioral monitoring or heuristics, protocol anomaly detection, advanced threat defense (ATD) data integration, signatures, and threat intelligence (TI).
The global intrusion detection and prevention market size is anticipated to reach over USD 7 billion by 2025. This can be attributed to the growing data protection regulations and laws. Also, the rising number of cyber-attacks and data breaches is a vital factor in boosting global intrusion detection and prevention market growth.
However, the availability of free and open-source solutions is expected to impede the market growth. Furthermore, the growing BYOD trend in various organizations and rising demand for cloud-based solutions are some of the key factors expected to provide major growth opportunistic for the market in forthcoming years.
The Intrusion Detection and Prevention Market Scope
| Metrics | Details |
| Base Year | 2023 |
| Historic Data | 2018-2022 |
| Forecast Period | 2024-2032 |
| Study Period | 2018-2032 |
| Forecast Unit | Value (USD) |
| Revenue forecast in 2032 | USD 18.4 Billion |
| Growth Rate | CAGR of 12.8 % during 2022-2032 |
| Segment Covered | By Deployment Type, Application, By End-User, Regions |
| Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
| Key Players Profiled | IBM, Cisco Systems, Symantec Corporation, McAfee, CheckPoint Security Software Market, Trend Micro, Juniper Networks Inc., TippingPoint, SourceFire |
Key Segment Of The Intrusion Detection and Prevention Market
By Deployment Type (USD Billion)
• On-Premises Intrusion Detection & Protection System
• SaaS Intrusion Detection & Protection System
By Application, (USD Billion)
• Network Based IDS System
• Hybrid Based IDS System
• Host Based IDS System
By End User, (USD Billion)
• Small & Medium Enterprises
• Large Enterprises
By End User, (USD Billion)
• BFSI Industry
• Healthcare Industry
• IT & Telecom Industry
• Retail Industry
• Energy & Utilities
• Manufacturing Industry
Regional Overview, (USD Billion)
North America
• US
• Canada
Europe
• Germany
• France
• UK
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Rest of Asia Pacific
South America
• Mexico
• Brazil
• Rest of South America
Middle East and South Africa
Frequently Asked Questions (FAQ) :
the intrusion detection and prevention market is growing at a CAGR of 12.8 % during the forecast period.
The major contenders in the global intrusion detection and prevention market IBM, Cisco Systems, Symantec Corporation, McAfee, CheckPoint Security Software Market, Trend Micro, Juniper Networks Inc., TippingPoint, SourceFire
Asia-Pacific dominated the market for intrusion detection and prevention market and accounted for the largest revenue share.
The intrusion detection and prevention is a network security technology that examines the flow of network traffic to detect and prevent malicious invasions. The intrusion detection and prevention market is mainly categorized into four types that are network-based IDP, wireless-based IDP, host-based IDP, and network behavior analysis. With the increasing adoption of internet-based services, smartphones, and cloud-based solutions the intrusion detection and prevention market is experiencing major growth recently. Moreover, with the increasing hacking activities and cyber-crimes globally, the government expenditure on enhanced security technologies is also rising significantly, which in turn is driving the adoption of intrusion detection and prevention solutions.
Component Segment
Based on the component segment, the market is divided into platforms and services. In the year 2019, the platform segment accounted for the gathered major market revenue and it is anticipated to hold the major market share throughout the forecast period. The dominance of this segment is mainly accredited to increasing demand for enhanced security solutions on the grounds of the rising sophistication level of cyber-attacks. However, the services segment will account for the highest growth during the forecast period.
Type Segment
Based on the type, the market is segmented into wireless-based, host-based, network-based, and network behavior analysis. The network-based segment dominated the intrusion detection and prevention market in 2019 and it is expected to do so throughout the forecast period. The growth of this segment is mainly attributed to the growing need to secure enterprise networks from malicious cyber threats and attacks.
Industry Vertical Segment
In terms of industry vertical, the market is segmented into BFSI, IT & telecom, healthcare, retail, manufacturing, and others. The IT and telecom industry dominated the overall IDP market in 2019 and it is expected to do so throughout the forecast period. The growth of this segment is mainly attributed to the increasing attacks on IT infrastructure. However, the BFSI industry is anticipated to gather the major market growth during the forecast period due to the increasing adoption of smart banking solutions.
The North American region dominated the overall market in 2019 and it is expected to maintain its position throughout the forecast period 2018-2025. The dominance of this region is mainly attributed to the stringent regulations and increasing government initiatives to counter cyber-attacks. However, the Asia-Pacific region is projected to experience the highest growth throughout the forecast period.
.png "North America Intrusion Detection and Prevention Market, 2018-2025 (USD Billion)")
The major players of the global intrusion detection and prevention market are Cisco, IBM, Palo Alto Networks, McAfee, Trend Micro Incorporated, Fortinet, FireEye, AT&T Intellectual Property, Darktrace, and Huawei Technologies Co. Moreover, the other potential players in the intrusion detection and prevention market are WatchGuard Technologies, Vectra AI, Armor Defense, Hilstone Networks, and AlertLogic. The recognized companies are coming up with innovative and new Intrusion Detection and Prevention Types. For instance, in April 2019, Trend Micro, a cybersecurity solutions provider partnered with Luxoft Holding, a digital strategy firm. With this partnership both the companies are planning to introduce Intrusion Prevention Systems (IPS) and Intrusion Detection System (IDS) to detect and prevent cyber-attacks on connected cars.