London,UK (PRWEB) June 17, 2015
The global market for intrusion defense systems (IDS)/intrusion prevention systems (IPS) is seeing robust growth, mainly due to increasing banking, financial services and insurance (BFSI) and government spending on advanced security technologies in the wake of the rise of cyber crimes and hacking activities from pole to pole. Ongoing increase in IT security expenditure across versatile industry verticals is being observed worldwide, owing to a hike in sophistication and frequency of distributed denial-of-service (DDoS) attacks and advanced persistent threats (APT).
On a global scale, the IDS/IPS market is projected to expand at over 9% through 2020. Governments’ growing attention on meeting stringent regulatory and security compliance is driving the market, with the latter gradually shifting toward integrated IPS functionalities like unified security management (USM) and next-gen firewall (NGFW). The BFSI and government sectors were the leading contributors to the worldwide IDS/IPS market as of 2014, with the trend likely to continue for the coming five-year period. Region-wise, North America presently accounts for the lion’s share in the world IDS/IPS market, whilst Europe and APAC are following after.
Cisco Systems Inc., IBM Corporation, SonicWALL L.L.C., Extreme Networks, Inc., Symantec Corporation, BAE Systems Plc, Radware Ltd., Trend Micro Inc., Fortinet Inc., McAfee Inc., Kaspersky Lab ZAO, among others, are some of the leading players in the market.
New research report “Global Intrusion Detection Systems / Intrusion Prevention Systems (IDS/IPS) Market Forecast and Opportunities, 2020” drawn up by TechSci Research has been recently published by Market Publishers Ltd.
Title: Global Intrusion Detection Systems / Intrusion Prevention Systems (IDS/IPS) Market Forecast and Opportunities, 2020
Published: June, 2015
Price: US$ 3,700.00
The report provides an all-round understanding of the IDS/IPS market worldwide, segmenting it by type, end-user, and region. The study offers an analysis of the global market size (by value) and shares plus forecasts to 2020 (by region, end-user sector, type, and company). For each of the major regional markets discussed, the research report presents data on the market size along with forecasts (by value) as well as market share data and forecasts (by type, country, and end user). The study canvasses the main forces driving and challenging the expansion of the market, limelights the changing market trends and developments, explores key opportunities, delves into the policy and regulatory landscape. Furthermore, an extensive overview of the competitive scenario is given, including an analysis of the 20 dominant market players. Vital strategic recommendations are at hand in the report as well.
Reasons to Buy:
- Gain an exhaustive understanding of worldwide IDS/IPS market.
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More new studies by the publisher can be found at TechSci Research page.