Next-Generation Intrusion Prevention System (NGIPS) Market
Next-Generation Intrusion Prevention System (NGIPS) Market Size, Share & Trends Analysis Report by Solution (NGIPS Hardware, NGIPS Software and Services), by Enterprise Size (Small and Mid-Sized Enterprises (SMEs) and Large Enterprises), and by Industry (BFSI, Government and defense, Healthcare, IT and telecom, Retail and eCommerce, Manufacturing, Energy and Utilities and Others) Forecast Period (2024-2031)
Next-generation intrusion prevention system (NGIPS) market is anticipated to grow at a significant CAGR of 14.6% during the forecast period (2024-2031).Next-generation intrusion prevention system (NGIPS) is a piece of hardware or software used in network security that continuously scans connections for possible threats. If a threat gets past security firewalls, it is stopped by reporting, blocking, or destroying it. It is positioned somewhere behind the firewall and in line with the source and destination.
Market Dynamics
Growing cyber-attacks demands for implementation of NGIPS
Large-scale cyberattack on a global scale has increased. Next-generation intrusion prevention systems helps in fighting with attacks such as data breaches or disclosures.Vulnerabilities are identified and stopped by the NGIPS system. Cyber risks are evolving every day. Typically, NGIPS collaborates with a next-generation firewall (NGFW) to thwart such complex attacks. As an inline device, it examines communications and halts any that are judged malicious or unwanted. It can also be utilized for data center dispersal or passive monitoring at the periphery in place of inline examination.
Rise in market growth of NGIPS due to its stable, flexible and dependable qualities
The next-generation intrusion prevention system that is stable, dependable, and quick enough to protect the system in the most effective way. It should also be flexible enough to integrate with your company's existing security setup without necessitating a network rebuild. A customized next generation intrusion prevention system further penetrates the security architecture to allow valid traffic.It doesn't increase network latency and finds sophisticated attacks with the fewest false positives. A customized NGIPS also gives r company access to threat visualization and management based on user asset views, OS data at the device level, threat intelligence, and attack chains, among other things.
Market Segmentation
Our in-depth analysis of the global next-generation intrusion prevention system (NGIPS) market includes the following segments by solution, enterprise size, and industry:
- Based on solution, the market is sub-segmented into NGIPS hardware, NGIPS software and services.
- Based on enterprise size, the market is bifurcated into small and mid-sized enterprises (SMES) and large enterprises.
- Based on industry, the market is augmented into BFSI, government and defense, healthcare, it and telecom, retail and ecommerce, manufacturing, energy and utilities and others
BFSI Sub-segment to Hold a Considerable Market Share
The Banking, Financial Services, and Insurance (BFSI) segment is anticipated to hold a significant revenue share among the industry categories. As it deals with extremely sensitive financial data and transactions, the BFSI industry is a major target for cyberattacks. The BFSI sector makes significant investments in strong intrusion prevention systems to guarantee regulatory compliance and guard against data breaches. Due to its enormous resources and pressing demand for cybersecurity solutions, this industry contributes significantly to the market's overall revenue share.
Regional Outlook
The globalnext-generation intrusion prevention system (NGIPS) market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).
Asia-Pacific to Exhibit the Highest CAGR
- The digital advancement policies by the government of India is changing the way businesses are run in the region. The Asia-Pacific region has witnessed a rise in cyber-attacks and a rapid adoption of digital services across the region.
- Artificial Intelligence (AI) and machine learning technologies are revolutionizing the industry of Asia-Pacific region.
Global Next-Generation Intrusion Prevention System (NGIPS) Market Growth by Region 2024-2031
North America Holds Major Market Share
The North American NGIPS market holds the major market share. Alarge number of companies are implementing NGIPS solutions to identify and stop threats before they become serious in North America region.Over the past ten years, there has been an increase in cyber threats in the US. One of the costliest cyberattacks to ever target an economy was the one that occurred in May 2021 on a major oil and gas pipeline in the US. One of the main causes of the rise in cyber risks in the nation is the growing digitalization of key infrastructure sectors like oil and gas, as well as the related industrial systems.
Furthermore, the nation hosts a number of cybersecurity solution providers, including major market players such as Palo Alto Networks, McAfee, Juniper Networks, Fortinet, and a number of start-ups that are meeting the rising customer needs by providing improved NGIPS solutions and services.
Market Players Outlook
*Note: Major Players Sorted in No Particular Order.
The major companies serving the global next-generation intrusion prevention system (NGIPS) market include McAfee LLC., Palo Alto Networks, Trend Micro Inc., Check Point Software Technologies Ltd., Fortinet Inc. and Cisco Systems Inc.,among others. The market players are increasingly focusing on business expansion and Enterprise Size development by applying strategies such as collaborations, mergers, and acquisitions to stay competitive in the market. For instance, in August 2023, Radware and Spark NZ signed agreement on cybersecurity partnership. The portfolio includes Radware’s Cloud Application Protection Services, Cloud DDoS Protection Service, and DefensePro DDoS Protection. In addition, Spark will deploy Radware’s Cloud DDoS Protection Service as part of the organisation’s existing IT systems and protections. Radware’s Cloud DDoS Protection Service uses advanced behavioral algorithms to detect and mitigate layer 7 DDoS attacks.
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global next-generation intrusion prevention system (NGIPS)market. Based on the availability of data, information related to new Enterprise Size launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. McAfee LLC.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Palo Alto Networks
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Trend Micro Inc.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Key Strategy Analysis
4. Market Segmentation
4.1. Global Next-Generation Intrusion Prevention System (NGIPS) Market by Solution
4.1.1. NGIPS Hardware
4.1.2. NGIPS Software
4.1.3. Services
4.1.3.1.Professional Service
4.1.3.1.1 Consulting
4.1.3.1.2 Training and Education
4.1.3.1.3 Support and Maintenance
4.1.3.2.Managed Service
4.2. Global Next-Generation Intrusion Prevention System (NGIPS) Market by Enterprise Size
4.2.1. Small and Mid-Sized Enterprises (SMEs)
4.2.2. Large Enterprises
4.3. Global Next-Generation Intrusion Prevention System (NGIPS) Market by Industry
4.3.1. BFSI
4.3.2. Government and defense
4.3.3. Healthcare
4.3.4. IT and telecom
4.3.5. Retail and eCommerce
4.3.6. Manufacturing
4.3.7. Energy and Utilities
4.3.8. Others
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
5.4.1. Latin America
5.4.2. The Middle East & Africa
6. Company Profiles
6.1. Check Point Software Technologies Ltd.
6.2. Cisco Systems Inc.
6.3. Dell
6.4. Extreme Networks
6.5. Fortinet Inc.
6.6. HP
6.7. Huawei Technologies Co. Ltd.
6.8. IBM Corp.
6.9. iValue InfoSolutions
6.10. Juniper Networks
6.11. NSFOCUS
6.12. OSSEC
6.13. Sophos
6.14. Symantec Corp.
1. GLOBAL NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS) MARKET RESEARCH AND ANALYSIS BY SOLUTION, 2023-2031 ($ MILLION)
2. GLOBAL NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS) HARDWAREMARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
3. GLOBAL NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS) SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
4. GLOBAL NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS) SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
5. GLOBAL NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS) MARKET RESEARCH AND ANALYSIS BY ENTERPRISE SIZE, 2023-2031 ($ MILLION)
6. GLOBAL NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS) FOR SMALL AND MID-SIZED ENTERPRISES (SMES) MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
7. GLOBAL NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS) FOR LARGE ENTERPRISES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
8. GLOBAL NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS) MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2023-2031 ($ MILLION)
9. GLOBAL NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS) FOR BFSIMARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
10. GLOBAL NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS) FOR GOVERNMENT AND DEFENSEMARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
11. GLOBAL NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS) FOR HEALTHCAREMARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
12. GLOBAL NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS) FOR IT AND TELECOMMARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
13. GLOBAL NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS) FOR RETAIL AND ECOMMERCEMARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
14. GLOBAL NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS) FOR MANUFACTURINGMARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
15. GLOBAL NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS) FOR ENERGY AND UTILITIESMARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
16. GLOBAL NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS) FOR OTHERSMARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
17. GLOBAL NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS)MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
18. NORTH AMERICAN NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS)MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
19. NORTH AMERICAN NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS)MARKET RESEARCH AND ANALYSIS BY SOLUTION, 2023-2031 ($ MILLION)
20. NORTH AMERICAN NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS)MARKET RESEARCH AND ANALYSIS BY ENTERPRISE SIZE, 2023-2031 ($ MILLION)
21. NORTH AMERICAN NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS)MARKET RESEARCH AND ANALYSIS BY INDUSTRY,2023-2031 ($ MILLION)
22. EUROPEAN NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS)MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
23. EUROPEAN NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS)MARKET RESEARCH AND ANALYSIS BY SOLUTION, 2023-2031 ($ MILLION)
24. EUROPEAN NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS)MARKET RESEARCH AND ANALYSIS BY ENTERPRISE SIZE, 2023-2031 ($ MILLION)
25. EUROPEAN NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS)MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2023-2031 ($ MILLION)
26. ASIA-PACIFIC NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS)MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
27. ASIA-PACIFICNEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS)MARKET RESEARCH AND ANALYSIS BY SOLUTION, 2023-2031 ($ MILLION)
28. ASIA-PACIFICNEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS)MARKET RESEARCH AND ANALYSIS BY ENTERPRISE SIZE, 2023-2031 ($ MILLION)
29. ASIA-PACIFICNEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS)MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2023-2031 ($ MILLION)
30. REST OF THE WORLD NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS)MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
31. REST OF THE WORLD NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS)MARKET RESEARCH AND ANALYSIS BY SOLUTION, 2023-2031 ($ MILLION)
32. REST OF THE WORLD NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS)MARKET RESEARCH AND ANALYSIS BY ENTERPRISE SIZE, 2023-2031 ($ MILLION)
33. REST OF THE WORLD NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS)MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2023-2031 ($ MILLION)
1. GLOBAL NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS) MARKET SHARE BY SOLUTION, 2023 VS 2031 (%)
2. GLOBAL NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS) HARDWARE MARKET SHARE BY REGION, 2023 VS 2031 (%)
3. GLOBAL NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS) SOFTWARE MARKET SHARE BY REGION, 2023 VS 2031 (%)
4. GLOBAL NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS) SERVICES MARKET SHARE BY REGION, 2023 VS 2031 (%)
5. GLOBAL NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS) MARKET SHAREBY ENTERPRISE SIZE, 2023 VS 2031 (%)
6. GLOBAL NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS) FOR SMALL AND MID-SIZED ENTERPRISES (SMES)MARKET SHARE BY REGION, 2023 VS 2031 (%)
7. GLOBAL NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS) FOR LARGE ENTERPRISESMARKET SHARE BY REGION, 2023 VS 2031 (%)
8. GLOBAL NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS) MARKET SHAREBY INDUSTRY, 2023 VS 2031 (%)
9. GLOBAL NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS) FOR BFSIMARKET SHARE BY REGION, 2023 VS 2031 (%)
10. GLOBAL NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS) FOR GOVERNMENT AND DEFENSEMARKET SHARE BY REGION, 2023 VS 2031 (%)
11. GLOBAL NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS) FOR HEALTHCAREMARKET SHARE BY REGION, 2023 VS 2031 (%)
12. GLOBAL NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS) FOR IT AND TELECOMMARKET SHARE BY REGION, 2023 VS 2031 (%)
13. GLOBAL NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS) FOR RETAIL AND ECOMMERCEMARKET SHARE BY REGION, 2023 VS 2031 (%)
14. GLOBAL NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS) FOR MANUFACTURINGMARKET SHARE BY REGION, 2023 VS 2031 (%)
15. GLOBAL NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS) FOR ENERGY AND UTILITIESMARKET SHARE BY REGION, 2023 VS 2031 (%)
16. GLOBAL NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS) FOR OTHERSMARKET SHARE BY REGION, 2023 VS 2031 (%)
17. GLOBAL NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS)MARKET SHARE BY REGION, 2023 VS 2031 (%)
18. US NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS)MARKET SIZE, 2023-2031 ($ MILLION)
19. CANADA NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS)MARKET SIZE, 2023-2031 ($ MILLION)
20. UK NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS)MARKET SIZE, 2023-2031 ($ MILLION)
21. FRANCE NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS)MARKET SIZE, 2023-2031 ($ MILLION)
22. GERMANY NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS)MARKET SIZE, 2023-2031 ($ MILLION)
23. ITALY NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS)MARKET SIZE, 2023-2031 ($ MILLION)
24. SPAIN NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS)MARKET SIZE, 2023-2031 ($ MILLION)
25. REST OF EUROPE NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS)MARKET SIZE, 2023-2031 ($ MILLION)
26. INDIA NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS)MARKET SIZE, 2023-2031 ($ MILLION)
27. CHINA NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS)MARKET SIZE, 2023-2031 ($ MILLION)
28. JAPAN NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS)MARKET SIZE, 2023-2031 ($ MILLION)
29. SOUTH KOREA NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS)MARKET SIZE, 2023-2031 ($ MILLION)
30. REST OF ASIA-PACIFIC NEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS)MARKET SIZE, 2023-2031 ($ MILLION)
31. LATIN AMERICANEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS)MARKET SIZE, 2023-2031 ($ MILLION)
32. MIDDLE EAST AND AFRICANEXT-GENERATION INTRUSION PREVENTION SYSTEM (NGIPS)MARKET SIZE, 2023-2031 ($ MILLION)
