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Intrusion Deduction And Prevention System Market Anticipated To Witness Robust Growth, Surpassing $7.63 Billion By 2029
The Intrusion Deduction And Prevention System Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Current Intrusion Deduction And Prevention System Market Size and Its Estimated Growth Rate?
In recent times, the market size of the intrusion detection and prevention system has significantly expanded. The market is forecasted to increase from $5.61 billion in 2024 to $6.03 billion in 2025, marking a compound annual growth rate (CAGR) of 7.5%. The historic period depicted growth primarily due to the escalated rate and complexity of cyber-attacks, technological advancements, and a surge in insider threats.
The market size for intrusion deduction and prevention system is set to witness substantial growth in the upcoming years. It is projected to reach $7.63 billion by 2029, growing at a composite annual growth rate (CAGR) of 6.0%. Factors contributing to the growth during the forecasted period include a surge in digitization, growing demand for sophisticated security solutions, and heightened mobility. Key trends within this period encompass regulatory transformations, alterations in the cybersecurity threats scenario, economic situations, and market dynamics.
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How Are Emerging Segments Shaping the Intrusion Deduction And Prevention System Market Landscape?
The intrusion deduction and prevention system market 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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Which Growth Factors Are Influencing Intrusion Deduction And Prevention System Market Expansion?
The escalation of cybersecurity threats is predicted to fuel expansion in the intrusion detection and prevention system marketplace. Such threats are essentially harmful actions or occurrences that put systems, networks, devices, and data at risk. The emergence of these threats can be attributed to the increasing dependency on technology, an expansive attack surface, and inadequate cybersecurity knowledge. Intrusion detection and prevention systems are employed to actively observe networks, identify potential threats, and take mitigative measures to protect systems and data from cyber attacks whilst maintaining their integrity, confidentiality, and availability. For example, the Australian Cyber Security Centre reported in February 2023 that the number of cybercrime incidents had surged to 76,000 in 2022, marking a 13% increase from the previous year. As such, the uptick in cybersecurity threats is playing a crucial role in propelling the growth of the intrusion detection and prevention system market.
Who Are the Dominant Players Across Different Intrusion Deduction And Prevention System Market Segments?
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 Intrusion Deduction And Prevention System Market Trends Are Gaining Traction Across Different Segments?
Leading businesses in the intrusion deduction and prevention system market are creating groundbreaking technological solutions, such as industrial intrusion prevention systems (IPS), to adapt to the dynamic field of cybersecurity and bolster the protection of critical infrastructure. These security systems are designed to defend critical infrastructures and industrial networks from cyber threats by identifying and blocking harmful actions. For example, in October 2022, Moxa Inc., a technology firm based in Taiwan with a focus on edge connectivity, launched industrial intrusion prevention systems (IPS) on its EDR-G9010 Series secure routers to improve its cybersecurity prowess for defending crucial infrastructure. By incorporating IPS technology into the EDR-G9010 series, these routers have been transformed into industrial firewalls of the next generation, offering superior threat detection and prevention functionalities. This series is a comprehensive secure router that includes firewall, NAT (Network Address Translation), VPN (Virtual Private Network), and switching features. Furthermore, the integration of IPS makes the EDR-G9010 Series an industrial firewall of the next generation, packed with threat detection and prevention functions, offering superior protection to critical infrastructure from cyberattacks.
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Which Geographic Regions Are Expected to Dominate the Intrusion Deduction And Prevention System Market in the Coming Years?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Intrusion Deduction And Prevention System Market?
2. What is the CAGR expected in the Intrusion Deduction And Prevention System Market?
3. What Are the Key Innovations Transforming the Intrusion Deduction And Prevention System Industry?
4. Which Region Is Leading the Intrusion Deduction And Prevention System Market?
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