Intrusion Detection and Prevention Market Statistics

intrusion detection and prevention market statistics

Intrusion Detection and Prevention Market Statistics

The intrusion detection system is used to detect any anomaly and suspicious behavior or any malicious packet or payloads. Intrusion detection system immediately notifies and alerts the organization or the observing individual about the detected malicious payload. An intrusion detection system secures the organization by detecting and scanning suspicious traffic.

The intrusion prevention system prevents the organization or enterprise from malicious activities and security threats. Vulnerability exploits are detected and prevented by the intrusion prevention system. The intrusion prevention systems protect the organization by detecting and preventing malicious inputs.

 Intrusion detection and prevention market statistics have been affected and grown immensely due to Covid-19 pandemic circumstances. The intrusion detection and prevention market has grown globally from 4.8 billion USD in 2020 to 6.2 USD by 2025.

Intrusion Detection and Prevention Market Drivers

 Followings are the main factors with a significant impact on Intrusion detection and prevention market statistics:

Covid-19

Due to the covid-19 pandemic crisis, most enterprises and organizations mandated working remotely. The involvement of digital devices has significantly increased in work and business, leading to an increase in data breaches and security threats.

Intrusion detection and prevention systems are required by the IoT devices and all other systems being used at organizations. Intrusion detection and prevention systems ensure business continuity plans evolved already by the current pandemic circumstances.

The Increasing Number of Cybersecurity Threats and Data Breaches

Due to an immense increase in the dependency of enterprises, organizations, and even individual personals on digital devices for the remote mode of work, cybersecurity threats have been raised.

Security can be easily compromised if intrusions are not detected and prevented, leading to data breaches and significant data losses. The frequency of cyber heists and crimes has been increased because of the more digital and online transactions.

The increased number of data breaches, data leakages, and cyber-attacks are fueling and expanding the significance of intrusion detection and prevention market statistics.

Increase in Usage of Cloud Computing

Every enterprise, organization, IT company, and system prefers Cloud computing due to the reliable and flexible terms and conditions. Privacy and security are significant challenges concerning the open and easily accessible cloud computing infrastructure. It makes cloud computing vulnerable to an extent. Intrusion detection and prevention systems are widely used to detect and prevent anomalies and threats. CISCO, an information technology company, discovered that 83% of the international digital traffic belongs to cloud computing in 2019.

Due to these circumstances, every other organization and enterprise invests in cloud computing, driving intrusion detection and prevention market statistics.

Intrusion Detection and Prevention Market Challenges

The intrusion detection and prevention market face the following markable challenges:

Limited Budgets

Due to the limited budgets of small and private enterprises, the intrusion detection and prevention market gets affected. Expenses of cybersecurity depend on organizations, enterprises, and businesses. Large enterprises and organizations have an adequate budget to ensure the security and privacy of the information technology infrastructure. At the same time, SMEs and other small-sized enterprises with low budgets cannot balance the expenses of other efficient information technology infrastructures and cyber security simultaneously. The intrusion detection and prevention market demands high pricing, which leads to consequential challenges.

Security Requirements of Large Enterprises

Large enterprises and organizations are comprised of a large number of sub-networks and interlinked devices, forming a complicated infrastructure. In multinational enterprises and organizations, real-time security methods and techniques are essential to ensure the security to protect that extensive interconnected and interlinked network and infrastructure. Most of the time, these large organizations opt for intrusion detection and prevention systems, but risks and threats remain due to extensive and expanded networks and sub-networks.  

Many payloads, many security breaches, many threats are not detected because of the negligence of the security professionals. This type of environment creates a severe challenge to the intrusion detection and prevention market.

Intrusion Detection and Prevention Market Opportunity

Lack of cyber security professionals

Lack of cybersecurity skills and professionals is one of the most significant and consequential challenges for the information technology company, enterprise, or any organization. Due to the unavailability and vacant space of cybersecurity specialists, experts and professionals, organizations are unable to meet the security requirements.

Evolving needs and zero-day attacks cannot be faced by any individual lacking offensive and defensive knowledge for cyber security. Lack of cyber security knowledge is indirectly growing the intrusion prevention and detection market size.

Epidemic BYOD and CYOD Trends

The trends of Bring Your Own Device (BYOD) and Choose Your Own Device (CYOD) are emerging significantly. Organizations and enterprises have started mobilizing their staff and personnel.

Due to the increase in usage of devices such as laptops, desktops, smartphones, and tablets, organizations and enterprises have to invest in the intrusion detection and prevention market in order to secure data from cybersecurity threats.

The rapid increase in the use of BYOD and CYOD demands the security of devices not only working inside the organization but also the mobilized ones and data containers to protect from data breaches. In that way, BYOD and CYOD trends are causing the growth of the intrusion detection and prevention market.

Key Players in The Intrusion Detection and Prevention Market

Followings are the top key players in the intrusion detection and prevention market:

  • IBM
  • HPE
  • Cisco
  • McAfee
  • Juniper
  • Symantec
  • Check Point
  • Corero Network Security
  • Fortinet
  • Palo Alto Networks

Intrusion Detection and Prevention Market Statistics and Analysis

intrusion detection and prevention market statistics

USD Billions

  • In 2019: 4.7
  • In 2024: 7.1
  • In 2026: 11.5

Compound Annual Growth Rate (CAGR)

  • CAGR from 2019 to 2024 is 8.3%
  • CAGR from 2017 to 2026 is 12.3%

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