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Intrusion Deduction And Prevention System Market Size Growth Forecast: What to Expect by 2025?
There has been a significant increase in the market size of the intrusion detection and prevention system in the past few years. It is projected to expand from a value of $5.61 billion in 2024 to a total of $6.01 billion in 2025, implying a compound annual growth rate (CAGR) of 7.0%. The previous growth can be linked to the escalation in frequency and complexity of cyber-attacks, technological advancements, and a rise in internal threats.
How Will the Intrusion Deduction And Prevention System Market Size Evolve and Grow by 2029?
The market for intrusion detection and prevention systems is predicted to witness significant expansion in the foroming years, with projections estimating it to reach $7.59 billion by 2029, growing at a compound annual growth rate (CAGR) of 6.0%. This predicted advancement in the forecast period can be attributed to factors such as rapidly-growing digitization, a rising requirement for strong security solutions, and increased mobility. Key trends anticipated in this period comprise regulatory changes, changes in the cybersecurity threats landscape, economic conditions, and shifts in market dynamics.
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What Drivers Are Propelling the Growth of Intrusion Deduction And Prevention System Market Forward?
The surge in cybersecurity threats is predicted to fuel the expansion of the intrusion detection and prevention system market. Such threats constitute harmful activities or occurrences, endangering information systems, networks, devices, and data. These threats stem from dependencies on technology, broadening attack surfaces, and the deficiency of cybersecurity cognizance and training. Intrusion detection and prevention systems operate actively to scrutinize networks, identify threats, and initiate protective measures against cyber attacks, maintaining the robustness, discretion, and accessibility of the systems and data. For example, as per the Australian Cyber Security Centre, a cyber security agency based in Australia, the number of cyber crime reports filed was 76,000 in 2022, reflecting a rise of 13% from the preceding year. As such, the surging cybersecurity threats are augmenting the growth of the intrusion detection and prevention system market.
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Which Emerging Trends Are Transforming the Intrusion Deduction And Prevention System Market in 2025?
Leading firms in the intrusion dedetection and prevention system industry are creating breakthrough technological solutions such as industrial intrusion prevention systems (IPS) to evolve with the changing demands of cybersecurity and fortify the defenses of vital infrastructures. These security measures are designed to safeguard crucial infrastructure and industrial networks from cyber threats by identifying and thwarting harmful actions. For instance, Moxa Inc., a tech company from Taiwan that specializes in edge connectivity, released industrial intrusion prevention systems (IPS) for its EDR-G9010 Series of secure routers in October 2022, thus strengthening its cybersecurity measures meant for critical infrastructure security. The incorporation of IPS technology into the EDR-G9010 series revamps these routers into industrial next-gen firewalls, delivering enhanced threat discernment and prevention features. This series incorporates secure router functions with a firewall, NAT (Network Address Translation), VPN (Virtual Private Network), and switch capabilities. Moreover, the addition of IPS to the EDR-G9010 series upgrades it into an industrial next-gen firewall featuring threat detection and prevention skills to further strengthen the defense of critical infrastructure against cybersecurity breaches.
What Are the Key Segments in the Intrusion Deduction And Prevention System Market?
The intrusion deduction and prevention systemmarket covered in this report is segmented –
1) By Type: Host Based Intrusion Detection System, Network-Based Intrusion Detection System, Online Network Intrusion Detection System, Offline Network Intrusion Detection System
2) By Component: Hardware, Software, Services
3) By Deployment Type: On-Premises Deployment, Cloud Deployment
4) By End User: Banking, Financial Services, And Insurance, Retail And Ecommerce, Information Technology And Telecommunications, Other End Users
Subsegments:
1) By Host-Based Intrusion Detection System (HIDS): Signature-Based HIDS, Anomaly-Based HIDS, Hybrid-Based HIDS
2) By Network-Based Intrusion Detection System (NIDS): Signature-Based NIDS, Anomaly-Based NIDS, Stateful Protocol Analysis NIDS
3) By Online Network Intrusion Detection System: Real-Time Intrusion Detection, Cloud-Based Online Intrusion Detection, Hybrid Cloud Network Intrusion Detection
4) By Offline Network Intrusion Detection System: Batch Data Analysis, Forensic Data Collection And Analysis, Post-Incident Detection And Investigation
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Who Are the Key Players Shaping the Intrusion Deduction And Prevention System Market’s Competitive Landscape?
Major companies operating in the intrusion deduction and prevention system market are AT&T Inc., Robert Bosch LLC, Hewlett Packard Enterprise Development LP, Dell Technologies, Tyco International Ltd., Palo Alto Networks, Juniper Networks Inc., Allegion plc, Nortek Inc., Check Point Software Technologies Ltd., Extreme Networks Inc., Bricata Inc., Hilstone Networks, Symantec Corporation, Huawei, Corero Network Security Inc., Secureworks Inc., Fortinet Inc., Darktrace, Trustwave Holdings, Tipping Point, AlertLogic, ExtraHop Networks, Cynet
What Geographic Markets Are Powering Growth in the Intrusion Deduction And Prevention System Market?
North America was the largest region in the intrusion deduction and prevention system market in 2024. The regions covered in the intrusion deduction and prevention system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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