TechNavio recognizes the following companies as the key players in the Global Network Intrusion Prevention System Market: McAfee Inc., Sourcefire Inc., Hewlett-Packard Co., Cisco Systems Inc., and IBM Corp.
Commenting on the report, an analyst from TechNavio’s team said: “One of the major trends witnessed in the market is the increasing demand for network IPS from SMBs. In developed countries, most SMBs are growing rapidly and increasing their business operations. With this expansion, SMBs fall under the compliance regulations set for large enterprises. In addition, the mushrooming medium-sized financial services companies are drawing the attention of regulatory authorities. Hence, driven by the increase in the frequency of cyber-attacks and stringent compliance regulations, SMBs are increasingly adopting network security solutions at a fast rate. Currently, SMBs account for only 35-40 percent of the Global Network IPS market. This high rate of adoption is likely to make SMBs the leading end-user of network security solutions by the end of the forecast period.”
According to the report, one of the main drivers in this market is the increase in network security threats. The rapidly increasing dependence on websites and web applications has led to an unprecedented increase in network security threats. Network IPS has emerged as one of the best solutions to protect the networks of enterprises from the increased security threats.
Further, the report states that one of the key challenges in the market is the implementation challenges faced by vendors in the growing IT infrastructure. Large and medium-sized enterprises have customers entering their networks from various geographies. Moreover, their employees are always on the move because of the increased business needs. Factors like these have increased the implementation issues of security solutions.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-network-intrusion-prevention-syst…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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