Intrusion Detection System Market Flourishing Owing to Growing Domestic and Commercial Security Concerns

The intrusion detection system market size valued at $4.64 billion in 2018, and it is anticipated to grow with adequate compound annual growth rate (CAGR) of 12% during the forecast period 2019 to 2025.

Hyderabad, India - August 8, 2019 /MarketersMedia/ —

The increasing security breaches and criminal activities around the domestic as well as the commercial sector is boosting the growth of the intrusion detection market. Furthermore, the escalating disposable income and business sector in several economies is also driving the intrusion detection market. Advanced technologies such as an intrusion detection system (IDS), and its tools play a crucial role in enhancing the secure environment by providing network security owing to which the intrusion detection system market size valued at $4.64 billion in 2018, and it is anticipated to grow with adequate compound annual growth rate (CAGR) of 12% during the forecast period 2019 to 2025.

The intrusion detection system market research report is comprised of fact, figures, and statistics that provide a peek into the market and help to understand the current challenges and growth opportunities that are foreseeable in the future. The report is titled, “Intrusion Detection System Market: By Type (Host-Based IDS, Wireless IDS, Network-Based IDS) Deployment (On-Site, Cloud Based IDS) Industry (Banking, Financial & Government Institutions, IT, Aviation, Transport, Defence, Education, Others)-Forecast (2019-2025).” The report covers Intrusion Detection System Market size by type and applications, Intrusion Detection System Market share by top 5 companies and also the market share by start-ups during the forecast period.

View Full Table of Contents of Intrusion Detection System Market:
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Report Price (Single User): US $3850

Intrusion Detection System Market Leading Segments

America generated the highest demand for IDS with a market size of 31.28% in 2018. The increasing acceptance of connected devices such as BYOD, IoT, and cloud computing along with expansion in the use of mobile applications are some factors contributing to the IDs market growth. Moreover, many leading companies such as Cisco and IBM are present in the region that is also associated with growth of IDs market. As per the report by Federal Civilian Agencies, over 35,277 cybersecurity cases are registered that includes web-based attacks and phishing attacks. Various attacks and data breaches in the region have augmented the adoption of IDS solutions.

As per the application segmentation, Banking, financial services and insurance (BFSI) is expanding at higher rate in the intrusion detection systems market. Business-to-consumer (B2C), business-to-business (B2B), Internet-based e-commerce transactions, and Internet banking are fronting with serious threats of attack, and steal of data. Efficient and modern security tools such as intrusion detection system is helpful to prevent information loss during internet banking and e-commerce transactions. The application is projected to grow with 15% during the aforementioned forecast period.

Intrusion Detection System Market: Growth Drivers and Trends

The increasing usage of smartphones and computer devices along with mounting demand for service management and mobility software are driving the demand for IDs
Cumulating security breaches and criminal activities around the domestic as well as commercial sector has enhanced the growth of the intrusion detection market.
Deep security is a tool which can be configured with the IDS and IPS systems. Implementation of this tool optimizes security controls by removing the vulnerabilities and providing real-time information about traffic patterns. It provides a granular control towards the security systems without affecting the impact.
The next-generation intrusion prevention system (NGIPS) are designed to protect the critical infrastructure, vulnerable applications, data in real time from every kind of vulnerabilities without affecting the performance of network, and system. It NGIPS tools delivers integrated advanced threat prevention to guard the network from the edge to cloud and data centre. The best solution provided by NGIPS are driving the IDS market.

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Intrusion Detection System Market Competitive Landscape

Some of the leading players in the intrusion detection system market are Symantec, NSFocus, AhnLab, Huawei Cisco, Dell Secureworks, McAfee, IBM, Fireeye, Checkpoint Security, Juniper, Trend Micro, Hillstone Networks, Palo Alto Networks, and Fortinet.

Related Reports:

A. Intrusion Detection System Market
https://www.industryarc.com/Report/15242/intrusion-detection-system-ids-market.html

B. Physical Intrusion Detection Prevention Systems Market
https://www.industryarc.com/Report/15794/physical-intrusion-detection-prevention-systems-market.html

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