The article cited AMA's "Global Intrusion Detection System Market Study" explored CAGR of 14.4%. According to the report, Adoption of More Sophisticated Security Technologies is one of the primary growth factors for the market. Sophisticated Threats and Cyber Attacks
is also expected to contribute significantly to the Intrusion Detection System market growth. Overall, Banking & Financial Institution
applications of Intrusion Detection System, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Deployment Model, such as On-Premise, is boosting the Intrusion Detection System market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The End User, such as Banking & Financial Institution, is boosting the Intrusion Detection System market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Intrusion Detection System market identified that the demand is rising in many different parts of the world as "Increased Virtualization Would Push the IDS Appliance Market
". Furthermore, some recent industry insights like "In April 2022,Bandweaver Technology are proud to announce the general launch of ZoneSentry, a new perimeter intrusion detection system that utilises state of the art fiber optic sensing technology to protect both property and assets with smaller perimeters up to 8km in an efficient and cost-effective manner." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Intrusion Detection System market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Intrusion Detection System market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Intrusion Detection System market size is calculated using market estimation process, the Intrusion Detection System market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Intrusion Detection System market size has been validated using both top-down and bottom-up approaches.