Intrusion prevention systems monitor and analyze network events for suspected incidents, violations, or imminent cyber threats to an organization's security rules. Intrusion prevention is the process of detecting intrusions and then putting a stop to them. The rising number of cyber security and security breaches, as well as the increasing requirement to comply with numerous impending legislation, are driving the intrusion prevention system market.
MARKET SCOPE
The "Global Intrusion prevention system Market Analysis to 2028" is a specialized and in-depth study of the Intrusion prevention system Market with a special focus on the global market trend analysis. The report aims to provide an overview of Intrusion prevention system market with detailed market segmentation by type and industry vertical. The global Intrusion prevention system market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Intrusion prevention system market player and offers key trends and opportunities in the Intrusion prevention system market.
MARKET SEGMENTATION
- Based on type the market is segmented as, network based intrusion prevention system, wireless intrusion prevention system, network behavior analysis, host based intrusion prevention system.
- Further, based on industry vertical the market is segmented as, BFSI, government and defense, healthcare, IT and telecom, retail and e-commerce, manufacturing, others.
MARKET DYNAMICS
Drivers-
- The rising number of cyber security and security breaches, as well as the increasing requirement to comply with numerous impending legislations, are driving the intrusion prevention system market.
- Significant growth in BYOD and CYOD trends are fueling market growth.
- Technological advancements in network securities are also expected to boost market growth during the forecast period.
Restraints-
- Availability of substitute solutions along with dearth of skilled security professionals are likely to restrain market growth during the forecast period.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Intrusion prevention system market based on various segments. It also provides market size and forecast estimates from year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Intrusion prevention system market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Intrusion prevention system Market from both demand and supply side and further evaluates market dynamics effecting 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 effecting the Intrusion prevention system market in these regions.
IMPACT OF COVID-19 ON INTRUSION PREVENTION SYSTEM 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 reports cover key developments in the Intrusion prevention system market 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 expansion of business and customer base of market players. The market players from Intrusion prevention system market are anticipated to lucrative growth opportunities in the future with the rising demand for Intrusion prevention system market. Below mentioned is the list of few companies engaged in the Intrusion prevention system market.
The report also includes the profiles of key Intrusion prevention system market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Cisco Systems
- IBM
- McAfee
- Trend Micro
- Palo Alto Networks
- FireEye
- Fortinet
- WatchGuard
- NSFOCUS
- Hilstone Networks
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.