According the report, Mandate to Follow Data Protection Laws and Regulations is one of the primary growth factors for the market. Increase in the Number of Security Breaches and Cyberattacks is also expected to contribute significantly to the Intrusion Detection and Prevention Systems (IDPS) market. Overall, applications of Intrusion Detection and Prevention Systems (IDPS), and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Cisco Systems (United States), IBM (United States), McAfee (United States), Trend Micro (Japan), Palo Alto Networks (United States), AT&T Inc. (United States), Darktrace (United States), FireEye (United States), AlertLogic (United States) and Fortinet (United States) may see astonishing sales in this Market and certainly improve revenue growth.
AMAs Analyst on the Global Intrusion Detection and Prevention Systems (IDPS) market identified that the demand is rising in many different parts of the world as "Growing Market for Cloud-Based Businesses
". Furthermore, some recent industry insights like "In October 2019, Trend Micro acquired Cloud Conformity to improve its offering under cloud services. Cloud Conformity offers cloud security posture management to ensure compliance with the best practices and industry standards." is constantly making the industry dynamic. One of the challenges that industry facing is "Lack of Skilled Security Professionals"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Intrusion Detection and Prevention Systems (IDPS) market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Intrusion Detection and Prevention Systems (IDPS) market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Intrusion Detection and Prevention Systems (IDPS) market tight? Which application/end-user category or Product Type [Network-based, Wireless-based, Network behavior analysis and Host-based] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Intrusion Detection and Prevention Systems (IDPS) market and other related sub-markets covered in the study.
o Key & emerging players in the Intrusion Detection and Prevention Systems (IDPS) market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Intrusion Detection and Prevention Systems (IDPS) market size is calculated using market estimation process, the Intrusion Detection and Prevention Systems (IDPS) market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Intrusion Detection and Prevention Systems (IDPS) market size has been validated using both top-down and bottom-up approaches.