Intrusion detection system or IDS is aimed at detecting attacks against computing systems and networks and have gained significance in the IT industry. Market Research Future (MRFR) has published an in-depth study on global intrusion detection system market, outlining the various factors that can impact the market over the assessment period of 2016–2022. MRFR has predicted the market to capture a steady CAGR and reach a significant valuation by the end of 2022.
Intrusion detection systems, for long, have been a topic for research & development and have gained mainstream popularity in the past few years. This has resulted in the progress of advanced intrusion detection systems. As enterprises are moving the majority of their critical business interactions to the internet, there is a heightened need to keep their computing resources secure. Additionally, growing sophistication of cyber-attacks and increased IT spending by companies has triggered demand within the intrusion detection system market. Cyber-attacks have been on the rise, and cyber attackers have continuously discovering new vulnerabilities or security gaps which could lead to potential breaches. various organizations are investing heavily in their IT infrastructure. In addition, government bodies and large business organizations are progressively adopting intrusion detection systems to protect their highly confidential data. Other factors fostering the growth of the market include growing consumer awareness and augmenting need for remote access arising from the deployment of cloud and wireless technology in security systems. Mounting demand from the BFSI sector to safeguard valuable articles along with increasing demand from the residential sector is likely to fuel the growth of the market over the forecast period.
On the contrary, the growth of the market might be impeded by a lack of awareness and high installation cost.
Security threats in various organizations are increasing with the development of technology that is aiding cybercriminals to come up with different techniques to carry out hacking and other unethical activities. Intrusion detection system supervises network, system or infrastructural activities to detect policy violation, malicious activities and security breach. According to the report published by Market Research Future (MRFR), the global intrusion detection system market is registered to expand steadily during the forecast period of 2016–2022.
Market Drivers and Restraints:
Increasing global concern regarding cyber threats and hacking activities is playing a vital role in inducing high demand for intrusion detection systems in the global market. Growing adoption of advanced security solutions in IT and communication sector and rise in security threats to enterprise networks are some of the factors that are propelling the growth of the global intrusion detection system market.
Rapid technological advancement and increase adoption of high-tech solutions to secure the data and premises of various organizations and recent developments in semiconductor technology are projected to be fueling the growth of the global intrusion detection system market. However, lack of awareness and poor understanding regarding the available intrusion detection system are likely to hinder the growth of the global intrusion detection system market during the forecast period.
Market Segmentation:
The global intrusion detection system market has been segmented on the basis of deployment, components and end-users. Based on deployment, the intrusion detection system market is segmented into cloud-based and infrastructure-based. Based on components, the intrusion detection system market is segmented into hardware and software. Based on end-users, the intrusion detection system market is segmented into BFSI, IT& communication, aerospace and defense, software industry, manufacturing, government, healthcare and others.
Key Players:
The major players that are profiled by MRFR in the report on the global intrusion detection system market are McAfee (California), Check point (Israel), Corero (Massachusetts), Dell (the U.S.), IBM (the U.S.), Cisco (the U.S.), Extreme Networks (the U.S.), Symantec (the U.S.), Metaflows, Inc. (the U.S.), Hewlett-Packard (the U.S.) among others.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
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