Intrusion Detection System / Intrusion Prevention System (IDS / IPS) Market Analysis

Intrusion Detection System / Intrusion Prevention System Market Analysis

The solution market accounted for a share of over 64% in 2018 and is projected to dominate the IDS / IPS market over the forecast period. The large-scale adoption of intrusion detection system / intrusion prevention system solutions due to the advanced capabilities they offer such as data loss prevention, web application firewall capabilities and denial-of-service prevention drive the intrusion detection system / intrusion prevention system market growth. Companies are also working towards developing advanced features of the IDS / IPS solutions to further expand the security landscape of an organization. For instance, in June 2018, Cisco introduced its beta version of Snort 3.0 with advanced features offering deep packet inspection and protection capabilities.

The host-based IDS / IPS is anticipated to grow at the fastest rate growing at a CAGR of over 15% between 2019 to 2025. This system has the ability to monitor vital system files of a host, analyze running processes, user’s logon activities, data integrity and other related intrusions into the system. In case of an unauthorized activity the system blocks the activity or informs the user thereby preventing attacks on the server. The system can also detect local events on a host system thereby detecting attacks that may elude from a network-based intrusion detection system / intrusion prevention system. A major challenge encountered by the host-based IDS / IPS include its capability to get compromised as soon as the host server is compromised by an attack. Additional R&D will assist companies in overcoming the shortcoming leading to higher demand of the system over the forecast timespan.
 

The cloud-based deployment model is predicted to witness the fastest growth in the intrusion detection system / intrusion prevention system (IDS / IPS) market. The cloud-based IDS / IPS is essential for enterprises migrating their services and workloads to public cloud infrastructure such as Microsoft Azure and Amazon Web Services. They offer enhanced protection to organizational data by detecting suspicious activities based on malicious behavior or predefined signatures by monitoring and examining network traffic flows. Furthermore, the SMEs are focused on reducing their IT costs and managing the security in their cloud environment by adopting IDS / IPS driving the market adoption.
 

The aerospace and defense sector dominate the intrusion detection system / intrusion prevention system market with a market share of over 30% in 2018. The emerging technologies, changing nature of war, and growing reliance on cyber are the major factors contributing to the market growth. The cyber-attacks in the aviation and defense sector have far more detrimental and dangerous effects as compared to other industries considering their economic impact, psychological impact on people, damage of property and its propaganda of exploitation. Hence, government worldwide are making strategic investment in these sectors to make use of technologies for making the sector more advanced and secured. For instance, in January 2019, the Tamil Nadu government in India announced its plan to invest USD 15 billion in the defense and aerospace sector over the next 15 years. Such investments enable the defense sector to adopt advanced threat intelligence solutions driving the IDS / IPS market growth.

North America leads the intrusion detection system / intrusion prevention system (IDS / IPS) market with a revenue of over USD 1.5 billion in 2018. The rising adoption of connected devices such as IoT, BYOD and cloud computing along with an upsurge in the usage of mobile applications are the major factors contributing to the market growth.  The presence of key players of the market such as Cisco, IBM, and Juniper Networks in this region is contributing to the growth of IDS / IPS market. The U.S. dominates the North American market due to factors such as the adoption of advanced technologies to enhance the security features of the organizations. In 2017, the federal civilian agencies reported over 35,277 cybersecurity incidents which included web-based attacks, phishing attacks, and loss or threat of computing equipment. In 2016, the number of data breaches in the U.S. amounted to 1093 with close to 36.6 million records exposed. These increasing number of cybersecurity attacks and data breaches in this region has accelerated the adoption of IDS / IPS solutions amongst enterprises.