Intrusion prevention systems forecast, share and size – JSB Market Research
Released On 29th June 2015
Intrusion Detection Systems / Intrusion Prevention Systems (IDS/IPS) are network security technologies that examine network traffic flow for detecting and preventing any malicious intrusions. The Global IDS/IPS market is broadly categorized into three segments - Network IDS/IPS Appliances, Network IDS/IPS Software and Host IDS/IPS. The global IDS/IPS market is witnessing robust growth, predominantly due to increasing BFSI and government expenditure on sophisticated security technologies in response to rising cyber crimes and hacking activities across the globe. Continuing increase in IT security spending across diverse industry verticals is being witnessed globally, due to surge in frequency and sophistication of cyber-attacks such as Dedicated Denial of Service Attacks (DDoS) and Advanced Persistent Threats (APT).
According to TechSci Research report of “Global Intrusion Detection Systems / Intrusion Prevention Systems Market Forecast & Opportunities, 2020”, the Intrusion Detection Systems / Intrusion Prevention Systems Market across the globe is forecast to grow at over 9% through 2020. Increasing government focus on stringent security and regulatory compliance is boosting the global Intrusion Detection Systems / Intrusion Prevention Systems Market, with the market gradually moving towards integrated IPS functionalities such as next generation firewall (NGFW) and unified threat management (UTM). BFSI and government sectors were the major contributors to the global IDS/IPS market in 2014, and this trend is expected to continue over the next five years. From the regional perspective, North America currently holds the largest share in the global global Intrusion Detection Systems / Intrusion Prevention Systems Market , followed by Europe and Asia-Pacific.
" Intrusion prevention systems forecast, share and size – Jsb Market Research”...