IDS/IPS Market 2019 – Healthcare Sector is Projected to Grow At A Fast Pace by 2025

The services market is anticipated to grow at the fastest rate in the global IDS/IPS market as it assists in ensuring protection from regularly evolving cyber threats

Selbyville, United States - October 16, 2019 /MarketersMedia/ —

The healthcare sector is projected to grow at a fast pace in the IDS/IPS market over the forecast period. The healthcare department carries full responsibility of vulnerable patients, critical patient data, expensive equipment, and controlled pharmaceutical substances. With technological advancements the healthcare sector has adopted various practices such as internet-based consulting with distant patients, multi-cloud SaaS & IaaS environment, and connected medical devices, expanding the attack surface. Hence, healthcare organizations are rapidly adopting IDS/IPS solutions to fight against cybercrimes and protect the integrity of patients, augmenting the IDS/IPS market growth.

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The increasing threat of data breaches and rising proliferation of digitalization have been responsible for driving intrusion detection system market share in the recent years. The last couple of decades have witnessed the technology landscape across various end-use domains to have undergone a massive transformation. Alongside, there has been a vast upsurge in the number of computer networks as well, leading to a major surge in the demand for efficient systems and solutions to counter data threats. The implementation of IDS or IPS in the network system undeniably makes it feasible for the network administrators to assess the accurate location of the threats and then address the same. These systems also help avert further threats from those locations, thereby helping to accelerate the growth graph of IDS/IPS market.

The IDS/IPS solutions assist in protecting the integrity, confidentiality, and availability of computer networks prevailing in an organization. These systems always protect and ensure the availability of computer resources, networks, systems, and stored information, preventing unauthorized access and any form of alteration of critical data, driving the adoption of IDS/IPS solutions. Other factors contributing to market growth include the rising number of computer networks and related applications. As these computer systems are prone to security vulnerabilities, adopting advanced IDS/IPS will help in detecting attacks & anomalies in a network, augmenting system integrity.

The hybrid IDS/IPS market is anticipated to grow at a CAGR of 15% over the forecast period. Cloud computing has provided new service paradigms to the internet technology. The possibility of intrusion is high due to the distributed nature of public and private cloud environments. The hybrid cloud platform helps in offering a complete visibility by integrating necessary security capabilities to an individual platform including vulnerability scanning, asset monitoring, intrusion, detection log management, behavioral monitoring, and continuous threat intelligence, driving the demand for IDS/IPS solutions.

The services market is anticipated to grow at the fastest rate in the global IDS/IPS market as it assists in ensuring protection from regularly evolving cyber threats. The service providers offer regular maintenance and updates to protect the systems deployed in corporate networks. The integration service providers market is anticipated to grow rapidly as these service providers enable enterprises to integrate their software in the multi-vendor environment. These service providers assist enterprises to update, consolidate, and build dynamic systems to prevent intrusion.

Browse key industry insights spread across 260 pages with 348 market data tables & 31 figures & charts from the report, “IDS / IPS Market” in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/intrusion-detection-prevention-system-ids-ips-market

Asia Pacific is anticipated to grow at the CAGR of over 17% in the IDS/IPS market. The rising disposable income, rapid economic development, high burglary rate, and growing government regulations for enhancing security are the key factors driving the market demand. The increasing investments in securing IT infrastructure and adoption of scalable and cost-effective cloud-based solutions also have a positive impact on the market. The growing economies including India, China, and South Korea also provide enhanced growth opportunities for the IDS/IPS market in this region.

Major players operating in the IDS/IPS market include Cisco, Corero, IBM, Dell, Check Point, Juniper Networks, Extreme Networks, HP, McAfee, Huawei, Symantec Corporation, and Trend Micro. These companies are focused on developing cost-effective solutions for gaining a higher share in the competitive IDS/IPS market.

Some Points From Table Of Content: -

Chapter 5. IDS/IPS Market, By Component
5.1. Key trends, by component
5.2. Solution
5.2.1. Market estimates and forecast, 2014-2025
5.2.2. Physical appliances
5.2.2.1. Market estimates and forecast, 2014-2025
5.2.3. Virtual appliances
5.2.3.1. Market estimates and forecast, 2014-2025
5.3. Service
5.3.1. Market estimates and forecast, 2014-2025
5.3.2. Managed Service
5.3.2.1. Market estimates and forecast, 2014-2025
5.3.3. Training and consulting
5.3.3.1. Market estimates and forecast, 2014-2025
5.3.4. Integration service
5.3.4.1. Market estimates and forecast, 2014-2025

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/intrusion-detection-prevention-system-ids-ips-market

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