The intrusion detection systems are the hardware, software or combination of both that are used for tracking and supervising the network security against any kind off cyber-attacks and/or policy violation and thereby inform administrator regarding such activities on the regular basis. These systems monitor outbound, inbound, and network-based traffic and offer additional layer of security against any type of malicious activities. The increasing incidences of cybercrime around the world and increasing concerns related to user data privacy are the major factors driving the intrusion detection systems market.
MARKET SCOPE
The "Global Intrusion Detection Systems Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the intrusion detection systems market with detailed market segmentation by type, deployment, industry, and geography. The report provides key statistics on the market status of the leading intrusion detection systems market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global intrusion detection systems market is segmented into Host-Based IDS, Wireless IDS, Network-Based, and IDS.
- On the basis of deployment, the market is segmented into cloud and on-premise.
- Based on industry, the market is segmented into BFSI, IT and telecom, government and defense, healthcare, retail and ecommerce, manufacturing, and others.
MARKET DYNAMICS
Drivers:
- The major factors that are boosting the growth of intrusion detection systems market are the stringent data protection laws and regulations and rise in cyberattacks and security breaches.
- Increasing market for the cloud-based businesses is anticipated to boost the intrusion detection systems market growth in the coming years.
Restraints:
- High cost may hinder the growth of the intrusion detection systems market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The intrusion detection systems market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the intrusion detection systems market in these regions.
IMPACT OF COVID-19 ON INTRUSION DETECTION SYSTEMS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the intrusion detection systems market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from intrusion detection systems market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the intrusion detection systems market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Cisco Systems, Inc.
- Darktrace
- FireEye, Inc.
- Hillstone Networks, Inc.
- Huawei Technologies Co., Ltd.
- IBM
- McAfee, LLC.
- NSFOCUS
- Palo Alto Networks
- Trend Micro Incorporated