Global IDS/IPS Market 2015-2019
A rise in data-hacking activities has led to an increase in the number of sophisticated threats, which cannot be addressed by traditional methods. This has prompted enterprises to increase their spending on IT infrastructures and data security. IDS and IPS solutions protect data from any modification or unauthorized access. When these solutions identify malicious activity in the network, it logs information, attempts to block, and provides a thorough reporting.IDS/IPS comprises hardware, software, and services that focuses on the security of email, data, and web. Hence, new security solutions such as IDS/IPS, which provide integrated security of IDS and IPS are becoming popular among enterprises.IDS is a passive monitoring system that warns system administrator of a suspicious activity. However, IPS provides the next level of security by allowing the administrator to take action upon the alert generated by IDS.
Technavio's analysts forecast the global IDS/IPS market to grow at a CAGR of 10.01% over the period 2014-2019.
Covered in this Report
The report covers the present scenario and the growth prospects of the global IDS/IPS market for 2015-2019. To calculate the market size, the report considers the revenue generated from the sales of IDS/IPS security solutions.The market is segmented into the following:
Technavio Announces the Publication of its Research Report – Global Intrusion Detection Systems Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Intrusion Detection Systems Market: Check Point Software Technologies, Cisco Systems, IBM, Juniper Networks, McAfee and Symantec
Other Prominent Vendors in the market are: AT&T, BAE Systems, Clone Systems, Corero Network Security, CounterSnipe Technologies, Dell SecureWorks, Extreme Networks, MetaFlows, Network Box USA and SecurityMetrics
Commenting on the report, an analyst from Technavio’s team said: “Advances in technology have led to the emergence of over 1 billion websites as of 2014. In addition, a rise in the number of e-commerce website users has increased the frequency of online transactions. These have led to an increase in web-based security threats. To combat the issue, the PCI has introduced DSS, with companies adhering to this policy to enable secure transactions. Failure to comply with these standards can result in high penalties, and companies can be barred from performing online transactions. Therefore, organizations are adopting security solutions such as IDS and IPS to prevent threats from disrupting the normal functioning of systems and applications.”
According to the report, advanced and sophisticated threats targeting devices, people, and networks pose a significant challenge for industries such as financial organizations, retail, healthcare, and manufacturing. Rapid changes in IT infrastructure have given rise to advanced modes of data theft, disrupting business models. In addition, the emergence of social networking websites has made it easy for attackers to extract information from vulnerable users. These factors have triggered the usage of security devices such as IDS/IPS in organizations.Further, the report states that one of the major challenges faced by vendors is the high implementation costs.
Check Point Software Technologies, Cisco Systems, IBM, Juniper Networks, McAfee, Symantec, AT&T, BAE Systems, Clone Systems, Corero Network Security, CounterSnipe Technologies, Dell SecureWorks, Extreme Networks, MetaFlows, Network Box USA, SecurityMetrics