Scope of the Study
An intrusion detection system (IDS) is a device or software application to detect the presence of an intruder attempting to breach a network or system. Tremendous growth and usage of internet raise concerns about protection and communication of digital information in a secure manner. Intrusion is a major problem for industry, commerce, and governments worldwide. So detection systems that can provide a fast alert to intrusion have an increasingly persuasive role to play.
The market study is being classified by Type (Network-based, Wireless-based, Network behavior analysis and Host-based) and major geographies with country level break-up.
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) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are WatchGuard (United States), Vectra (United States), NSFOCUS (United States), Armor Cloud Security (United States), Bluvector (United States), Extrahop Networks (United States), Hilstone Networks (United States), Secureworks (United States), Huawei (China) and Bricata (United States).
AdvanceMarketAnalytics has segmented the market of Global Intrusion Detection and Prevention Systems (IDPS) market by Type, Application and Region.
On the basis of geography, the market of Intrusion Detection and Prevention Systems (IDPS) has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2019. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increase in the Number of Security Breaches and Cyberattacks
- Mandate to Follow Data Protection Laws and Regulations
- Availability of Open-Source and Substitute Solutions
- Limited Security Budget Among Small and Medium-Sized Enterprises
- Growing Market for Cloud-Based Businesses
- Rapid Growth in Byod and Cyod Trends
- Lack of Skilled Security Professionals
Market Leaders and their expansionary development strategies
In October 2019, McAfee launched the McAfee MVISION Insights, which would help enterprises to respond quickly and accurately to cyberattacks, by providing actionable insights and pinpointing threats. The offering would enable tracking of the attack globally, across all the endpoints, networks, and cloud infrastructure of an organization.
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.
Key Target AudienceBanking, Financial Services and Insurance (BFSI), Government and Defense, Healthcare, Information Technology (IT) and Telecom, Retail and eCommerce, Manufacturing and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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