Certified Global Research Member
Key Questions Answered
- Global Market Outlook
- In-depth analysis of global and regional trends
- Analyze and identify the major players in the market, their market share, key developments, etc.
- To understand the capability of the major players based on products offered, financials, and strategies.
- Identify disrupting products, companies, and trends.
- To identify opportunities in the market.
- Analyze the key challenges in the market.
- Analyze the regional penetration of players, products, and services in the market.
- Comparison of major players’ financial performance.
- Evaluate strategies adopted by major players.
- Recommendations
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
The Intrusion Detection System (IDS) market is dynamic and evolving due to various variables. Digital threats' increasing frequency and complexity drive this industry. IDS market growth also depends on administration. State-run administrations and administrative organizations worldwide are enforcing strict network security requirements to protect sensitive data and foundation. Follow these rules to receive IDS agreements and grow the market. The growth of distributed computing and the IoT increase digital threats. Thus, organizations must use IDS to monitor and defend their sophisticated ecosystems.
Mechanical advances and the competitive scenario also impact the IDS market. Different players, from well-established network protection companies to innovative startups, foster competition and growth. Continuous innovation produces new IDS systems with improved risk detection and relief capabilities. To stay ahead of hackers, IDS innovation must keep pace.
The cost of digital attacks and the growing awareness of security breaches' financial consequences further drive the IDS industry. Companies invest in intrusion detection systems to prevent financial losses, business disruptions, and reputation damage. The ROI (return on initial capital investment) of preventing a cyberattack often covers IDS costs.
The IDS market is also affected by global digital threats. As companies develop globally, they encounter distinct digital threats that change their starting point, strategy, and goals. IDS systems that can adapt to different risk scenarios will help the industry address global internet security issues. IDS market growth is also driven by international cooperation and internet security initiatives.
Client awareness and training regarding network security risks and intrusion detection systems are crucial to market growth. Companies are investing more in worker training to create a network security-aware workforce that understands risks and adopts best practices. This increased awareness boosts IDS adoption as companies seek to protect themselves from external and internal digital threats.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Segment Outlook | Components, Deployment, End-User, and Region |
Intrusion Detection System Market Highlights:
Intrusion Detection System Market Overview
Intrusion Detection System Market Size was valued at USD 5.5 Billion in 2022. The Intrusion Detection System market industry is projected to grow from USD 5.8 Billion in 2023 to USD 9.3 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.11% during the forecast period (2023 - 2032). Increased cyber-attacks, including utilizing the web procedures, organization, information and other IT foundation, are the key market drivers enhancing market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Intrusion Detection System Market Trends
Growing cyber-attacks universally is driving the market growth
Market CAGR for intrusion detection systems is driven by the rising number of cyber-attacks. The worldwide intrusion detection system market is anticipated to be primarily driven by rising criminal assaults and internal and external unethical practices. The market for the detection system may increase due to the growing trend of automating home and workplace security systems. Increased mobility as a result of automating home and workplace security systems. Increased mobility due to the spread of smartphones and tablets is expected to propel industry growth. Rising disposable income is also projected to have a significant role in fuelling demand in both developed and emerging nations. The growing number of malware threats brings the potential to interrupt the system's functioning, leading to the organization's collapse. The malicious attacks continue to persist as an important task for the smooth functioning of several organizations.
Additionally, As Bring your device (BYOD)-related technology develops, industries are mobilizing their employees. Businesses are signing up for safety facilities to shield devices like smartphones, desktop computers, tablets, and laptops from cyber-attacks due to the adoption of the BYOD model. Industries now require safeguarding devices that have remote access to the business network and those that are confidential due to the rising use of BYOD. The intrusion detection system market is anticipated to grow due to this feature, significantly growing the use of intrusion detection system solutions.
The increasing requirement for integrity and safety of intimate information in several financial organizations is anticipated to intensify the acceptance of intrusion detection and protection systems, which can support to block of apprehensive and malicious links and attacks on financial institutions. As a result, it is projected that demand for intrusion detection systems will increase throughout the projection period due to the rising cyber-attacks. Thus, driving the Intrusion Detection System market revenue.
Intrusion Detection System Market Segment Insights
Intrusion Detection System Component Insights
The intrusion detection system market segmentation, based on components, includes solutions and services. The solution segment dominated the market, accounting for the maximum market revenue. Cyber security firms provide intrusion detection systems as a solution or service. Recent, sophisticated cyber-attacks pose an insistent threat to industries. Advanced threats and malware are popular in breaking enterprise networks, even though industries employ various security technologies, each with a precise function for protecting the enterprise from illegal traffic entering the network.
The service segment is anticipated to be the fastest-growing segment in the projected period. The intrusion detection system market comprises hardware, software, and services. These software and hardware components can be installed on the network, offering intrusion detection and anticipation capabilities. Safety retailers present this technology as a self-governing solution or a tool that incorporates the present safety infrastructure of enterprises. The safety retailers further offer related services and solutions that support organizations in implementing these solutions.
Intrusion Detection System Deployment Insights
Based on deployment, the intrusion detection system segmentation includes cloud-based and infrastructure-based. The cloud-based segment dominated the market due to the lower cost and characteristics such as scalability, cost-efficiency, speed and agility.
Figure 1: Intrusion Detection System Market, by Deployment, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Intrusion Detection System End-User Insights
The intrusion detection system market segmentation, based on end-user, includes BFSI, IT & Communication, Aerospace & Defense, Software industry, and Manufacturing. The BFSI category generated the most income due to the rising malicious attacks through several networks. Additionally, there is an increase in the need for the protection and integrity of isolated information in several financial companies.
Intrusion Detection System Regional Insights
By region, the study provides market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American Intrusion Detection System market will dominate this market, owing to an increase in cyber-attacks. In addition, the growing number of established economies authorizing investment in research and development activities will boost market growth in this region.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: INTRUSION DETECTION SYSTEM MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe's Intrusion Detection System market accounts for the second-largest market share due to the rising malicious attacks and the development of new technologies. Further, the German Intrusion Detection System market held the largest market share, and the UK Intrusion Detection System market was the fastest-growing market in the European region.
The Asia-Pacific Intrusion Detection System Market is anticipated to grow at the fastest CAGR from 2023 to 2032 due to the expansion and approval of methodologies like artificial intelligence, big data analytics, the Internet of things, machine learning etc. Moreover, China’s Intrusion Detection System market held the largest market share, and the Indian Intrusion Detection System market was the fastest-growing market in the Asia-Pacific region.
Intrusion Detection System Key Market Players & Competitive Insights
Leading market players are investing greatly in research and development to increase their product lines, which will help the Intrusion Detection System market, grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the Intrusion Detection System industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturer’s use in the Intrusion Detection System industry to benefit clients and increase the market sector. In recent years, the Intrusion Detection System industry has offered some of the most significant advantages to intrusion detection systems. Major players in the Intrusion Detection System market, including Cisco Systems (US), IBM (US), McAfee (US), Trend Micro (Japan), Palo Alto Networks (US), AT&T (US), Darktrace (US and UK), FireEye (US), Vihaan Networks Ltd. (VNL), AlertLogic (US), Fortinet (US), and others, are attempting to increase market demand by investing in research and development operations.
Vihaan Networks Limited (VNL) is a leading invention in end-to-end development, design, producer of mobile & wireless telecommunications systems, smart ISR, perimeter intrusion detection solutions, and tactical communication in India for mission-critical infrastructures and critical agencies. VNL is a part of Shyam, which majors in telecom equipment design and manufacture. VNL originated in 2004, started as a telecommunication enabler that indigenously develops end-to-end telecom infrastructure products and solutions, and became the first India Company to recognize the potential of research and development of telecom technology that led to an amazing simplification of telecom tech for rural ICT expansion. For Instance: In March 2022, VNL announced the launch of their Border Intrusion Detection System.
McAfee® is a leading security provider that works to make everyone’s experience online secure and pleasurable. In addition, a well-regarded antivirus software, which keeps people secure across various activities, devices, and places, offers complete protection to protect people’s privacy and identity. Our protection liberates and enables its clients to confidently live their lives online. By making it easier to stay secure online, however, and wherever they connect, McAfee protects billion of people across the world and liberates them to enjoy more. Our cutting-edge technology empowers users to take control of their personal information, easily manage hazards, and make wiser decisions. No matter their age, hobbies, or level of technological knowledge, McAfee is made to adapt to the specific needs of every family member, keeping them secure and offering easy ways to improve their online safety. For instance: in October 2019, McAfee announced the McAfee MVISION Insights, which would aid trades in answering quickly and efficiently to cyber-attacks by bringing useful information and recognizing risks. The product would make it probable to monitor the attack throughout an organization’s networks, endpoints, and cloud infrastructure.
Key Companies in the Intrusion Detection System market include
-
Cisco Systems (US)
-
IBM (US)
-
McAfee (US)
-
Trend Micro (Japan)
-
AT & T (US)
-
Darktrace (US and UK)
-
FireEye (US)
-
Vihaan Networks Limited (VNL)
-
AlertLogic (US)
-
Fortinet (US)
Intrusion Detection System Industry Developments
March 2019: Expanse Inc., a leader in the management of external attacks, has been acquired by Palo Alto Networks, according to a statement. Ongoing asset scanning aims to provide protection at a single level of clarity.
2019: Trend Micro acquired Cloud Conformity which delivers cloud security posture management according to industry standards, to expand its cloud services offering.
February 2019: Cisco Systems and Telenor extended join hands to enlarge their innovation in cyber security, digital workplace, and cloud and to increase Open Virtualized RAN (vRAN) solutions for 5G technology.
Intrusion Detection System Market Segmentation
Intrusion Detection System Component Outlook
-
Solution
-
Services
Intrusion Detection System Deployment Outlook
-
Cloud-Based
-
Infrastructure-Based
Intrusion Detection End-User Outlook
-
BFSI
-
IT & Communication
-
Aerospace & Defense
-
Software Industry
-
Manufacturing
Intrusion Detection System Regional Outlook
-
North America
-
US
-
Canada
-
-
Europe
-
Germany
-
France
-
UK
-
Italy
-
Spain
-
Rest of Europe
-
-
Asia-Pacific
-
China
-
Japan
-
India
-
Australia
-
South Korea
-
Australia
-
Rest of Asia-Pacific
-
-
Rest of the World
-
Middle East
-
Africa
-
Latin America
-
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.
