Market Overview:
An intrusion detection system or IDS is known as a type of security software which is designed to automatically alert administrators when something or someone is trying to compromise the information system through various malicious activities or through security policy violations. Intrusion Detection System works by monitoring the activity of the system through examining vulnerabilities and conducting an analysis based on patterns on already known attacks. It also monitors the Internet automatically to search the latest threats which could result in a future attack. There are multiple ways of performing detection by an IDS. In signature-based kind of detection, a pattern or signature is compared to the previous events for discovering current threats. while another type of detection is anomaly-based detection, which actually compares the definition or traits of a normal action against the characteristics which mark the event as abnormal.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | HP (United States), Corero (United States), Check point (Israel), Tyco International Ltd. (Ireland), IBM (United States), McAfee (United States), NSFOCUS, Inc. (United States), Dell (United States), CISCO-Sourcefire (United States), Robert Bosch LLC (Germany) and Imperva Inc (United States) |
CAGR | 14.4% |
Influencing Trend:
Adoption of More Sophisticated Security Technologies
Market Growth Drivers:
Sophisticated Threats and Cyber Attacks, Increased Spending On It Security Solutions and Services and Increased Government Pressure for Security Compliance and Regulations
Challenges:
High Installation Cost for IDS
The key Players profiled in the report are HP (United States), Corero (United States), Check point (Israel), Tyco International Ltd. (Ireland), IBM (United States), McAfee (United States), NSFOCUS, Inc. (United States), Dell (United States), CISCO-Sourcefire (United States), Robert Bosch LLC (Germany) and Imperva Inc (United States). Additionally, other players that are of this comprehensive study are Juniper Networks (United States) and Extreme Networks (United States).
Market Development Activities
In March 2019 Expanse Inc., a leader in the management of external attacks, has been acquired by Palo Alto Networks, according to a statement. Ongoing asset scanning aims to provide protection at a single level of clarity.
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.
Key Target Audience
Government Agencies, Security Vendors, Network Solution Providers, Independent Software Vendors, Consulting Firms, System Integrators, Value-Added Resellers, IT Security Agencies and Intrusion Detection System Providers (IDS)