02-Oct-2024 | Zion Market Research
Zion Market Research has published a new report titled “Global Intruder Detection Systems Market by Type (Network Intrusion Detection System (NIDS), Host-based Intrusion Detection System (HIDS), Perimeter Intrusion Detection Systems (PIDS), VM based Intrusion Detection Systems (VMIDS)), by Application (Commercial, Government, Military, BFSI, and others) and by Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024-2032”. According to the report, the global Intruder Detection Systems Market was worth USD 4.95 Billion in 2023. The market is forecast to reach USD 8.33 Billion by 2032, growing at a compound annual growth rate (CAGR) of 5.3% during the forecast period 2024-2032.
Browse the full “Global Intruder Detection Systems Market by Type (Network Intrusion Detection System (NIDS), Host-based Intrusion Detection System (HIDS), Perimeter Intrusion Detection Systems (PIDS), VM based Intrusion Detection Systems (VMIDS)), by Application (Commercial, Government, Military, BFSI, and others) and by Region.” Report at https://www.zionmarketresearch.com/report/intruder-detection-systems-market
With the rise in awareness of data protection and security, Intruder Detection Systems (IDS) market is expecting tremendous growth in the forecast period of 2020 to 2032, and the revenue is about to be 7.69 Billion in 2026. IDS are deployed as devices or software by a utility in order to safeguard the network and system of the organization. Malicious activity is detected and reported to the administration or collected centrally by system information and event management (SIEM). A SIEM system integrates multiple outputs and differentiates malicious activity from false alarms. Hence, organizations needs to set up their IDS to differentiate normal activity on network and malicious activity
The advent of cloud migration has led to the transfer of a plethora of data from infrastructure to cloud. Thus, an excessive need to protect this data on the cloud is driving the IDS market like never before. Cyber security risks are increasing; widespread poor configuration of cloud services and increasing sophistication of cyber criminals tends to increase the probability of cyber-attack on organization. Between February and march 2014, eBay was the victim of a breach of encrypted passwords, which resulted in asking all of its 145 million users to reset their password As a result, necessity of intruder detection system is fueling the market. Further, cyber security policies of different nations are playing a decisive role in the growth of the IDS market. However, laws and policies of governments are restraining the growth of the IDS market. But the generation of an ample amount of data and its relevance in the decision making process is expected to provide an opportunity for growth in the coming years. Similarly, rapid innovations in technology and upgradation of skills will be the major challenges for the IDS market players.
IDS market is segmented on the basis of various parameters such as type, applications, and regions. On the basis of type, the IDS market is bifurcated into Network intrusion detection system (NIDS), Host-based intrusion detection system (HIDS), Perimeter Intrusion Detection Systems (PIDS), and VM based Intrusion Detection Systems (VMIDS). Further, on the basis of application, the IDS market is segmented as commercial, government, military, BFSI, and others. Moreover, the market is analyzed with respect to regions as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America and Asia pacific are going to play a key role in the growth of the IDS market. As these are the pockets of high future growth and governments acknowledging the need for data protection infrastructure.
Some of the key players operating in the global IDS market are-
Global Intruder Detection Systems Analysis by Type
Global Intruder Detection Systems Analysis by Application
Global Intruder Detection Market Analysis by Region-
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