Intrusion Prevention System Market Size, Share, Opportunities, And Trends By Type (Network-Based Intrusion Prevention System (NIPS), Host Intrusion Prevention System (HIPS), Others), By Component (Hardware, Software), By Method (Signature-Based, Anomaly Based, Policy Based), By Enterprise Size (Small, Medium, Large), And By Geography - Forecasts From 2023 To 2028

The intrusion prevention system market is projected to grow at a steady rate during the forecast period.

An intrusion prevention system (IPS) is a network security device that monitors network traffic for malicious activity or policy violations and takes action to prevent it. IPS solutions are designed to identify and respond to various threats, including malware, unauthorized access attempts, and other security threats that could potentially compromise the integrity and confidentiality of a network. The increasing number of cyber threats, stringent regulatory requirements along the growing awareness of the importance of security are driving the intrusion prevention system industry growth.

Market Drivers:

• Surging cyber threats bolster the intrusion prevention system market growth.

Intrusion Prevention System (IPS) serves as a critical defense mechanism against a wide range of cyber threats by actively monitoring network traffic and blocking potentially malicious activities. With cybercriminals continually evolving their tactics, leveraging advanced techniques to breach network defenses and exploit vulnerabilities, the demand for intrusion prevention systems (IPS) is also growing. For instance, according to the 2023 cyber security report by Checkpoint, global cyberattacks increased by 38% in 2022 compared to the previous year 2021. As per the same report, there has been a significant increase in the number of attacks on cloud-based networks per organization, which shot up by 48% in 2022 compared with 2021 indicating a concerning shift.

• Stringent Regulatory Requirements drive the intrusion prevention system market growth.

Intrusion Prevention Systems (IPS) play a crucial role in helping organizations adhere to stringent regulatory requirements and compliance standards. By actively monitoring network traffic and pre-emptively blocking malicious activities, IPS solutions contribute to maintaining the integrity, confidentiality, and availability of sensitive data. The implementation of stringent regulatory requirements, coupled with the increasing frequency and sophistication of cyber-attacks, has led to a growing demand for intrusion prevention systems. For instance, the Health Insurance Portability and Accountability Act (HIPAA) requires health plans, healthcare clearinghouses, and healthcare providers who transmit information in electronic form to maintain reasonable and appropriate administrative, technical, and physical safeguards for protecting patient health information. This highlights one of the numerous regulatory compliances implemented by the government to mitigate the risks posed by cyber threats.

• Growing security awareness drives the intrusion prevention system market expansion.

By providing real-time threat detection and response capabilities, IPS helps bolster overall security awareness, empowering organizations to better safeguard their digital assets and sensitive information. As security awareness continues to grow among businesses and government entities, the demand for robust IPS solutions has witnessed a significant upsurge. For instance, organizations are increasingly prioritizing the deployment of IPS technologies to enhance their security posture, protect critical data, and fortify their defense mechanisms against cyber threats. Furthermore, the proliferation of cybersecurity education and training programs has contributed to the widespread dissemination of knowledge about the importance of implementing robust security measures, including IPS.

North America is expected to dominate the market.

North America is projected to account for a major share of the intrusion prevention system market. Major NA economies particularly the United States and Canada are witnessing significant growth owing to the presence of major players in the cybersecurity sector, significant investments in advanced technologies along with the growing importance of cybersecurity. For instance, according to Check Point research North America showed the largest increases in cyberattacks with a rise of 52% in attacks in 2022, compared to 2021. Also, the United States saw a 57% increase in overall cyberattacks in 2022, highlighting the significant rise in the number of cyberattacks and the need for security solutions like intrusion prevention systems (IPS).

Market Challenges:

• The complex configuration will restrain the intrusion prevention system market growth.

The intrusion prevention system industry growth may be restrained by the complexity and integration challenges in the adoption of Intrusion Prevention System (IPS) solutions. For instance, large organizations often have diverse network architectures, including legacy systems, multiple data centers, and a variety of endpoints. Integrating an IPS into such a complex network can be daunting. Also, Configuring IPS rules and policies to align with the specific needs of an organization can be complex. These complexities pose a challenge to the market's expansion and may require the intrusion prevention system industry to conduct a thorough assessment of its network infrastructure and understand its complexity, the various components, and the flow of data before implementing an intrusion prevention system.

Market Developments

• October 2022: Moxa Launched Industrial Intrusion Prevention Systems on its EDR-G9010 Series secure routers. By integrating IDS/IPS functionality, the EDR-G9010 Series transforms into an industrial next-generation firewall, fortified with advanced threat detection and prevention capabilities, enhancing the safeguarding of essential infrastructure against cyber threats.

Company Products

• Quantum Intrusion Prevention System (IPS):  The Checkpoint Quantum Intrusion Prevention System (IPS) is skilled at detecting and preventing efforts to exploit vulnerabilities in susceptible systems or applications, effectively safeguarding against emerging threats. It offers a comprehensive array of signatures and proactive behavioural protections, enabling defense mechanisms against potential security breaches.
• Secure IPS (NGIPS):  Cisco Secure IPS offers versatile deployment options that cater to the diverse requirements of enterprises. It can be implemented at the network perimeter, in the data center distribution/core, or positioned behind the firewall to safeguard vital assets, guest access, and WAN connections. The Secure IPS solution supports both inline inspection and passive detection methods.
• FortiGuard IPS: The AI/ML-powered FortiGuard IPS Service from Fortinet delivers nearly real-time intelligence, incorporating numerous intrusion prevention rules to identify and halt both recognized and potentially harmful threats before they can compromise devices. With advanced capabilities such as DPI and virtual patching, it offers robust protection by identifying and intercepting malicious network traffic.

Segmentation

• By Type
  • Network-Based Intrusion Prevention System (NIPS)
  • Host Intrusion Prevention System (HIPS)
  • Others
• By Component
  • Hardware
  • Software
• By Method
  • Signature-Based
  • Anomaly Based
  • Policy Based
• By Enterprise Size
  • Small
  • Medium
  • Large
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • Other