Next-Generation Intrusion Prevention System (NGIPS) Market Size & Share, by Component (NGIPS Hardware, NGIPS Software, and Services); Deployment Mode (Cloud-based & On-premise); Organization Size (Small and Medium Enterprises & Large Enterprises); End-User (BFSI, Healthcare, IT and Telecom, Manufacturing, Government and Defense) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2025-2037

  • Report ID: 5936
  • Published Date: Oct 22, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2025-2037

Next-Generation Intrusion Prevention System Market size was over USD 345.86 million in 2024 and is likely to exceed USD 2.2 billion by the end of 2037, growing at over 15.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of next-generation intrusion prevention system is evaluated at USD 388.19 million. The market growth is owing to the rising frequency of cyber-attacks. As a result, organizations continue to prioritize cybersecurity resilience, and the adoption of advanced intrusion prevention solutions is set to accelerate. According to a study of over 97 cybercrime victims per hour, this means there is a victim of cybercrime every 37 seconds. In addition, 2 internet users have had their data leaked every second in 2022. Moreover, NGIPS is known to minimize network latency and detect complicated attacks with the fewest false positives. Therefore, attributing to the market growth of next-generation intrusion prevention systems.

In addition, due to the rising sophistication of cyber threats, the need for NGIPS solutions has increased in conjunction with the complexity and intensity of cyberattacks due to their capacity to proactively detect and prevent malware, illegal access, and other harmful activity within networks. Hence, aiding in the NGIPS market growth in the forecast period.


Next-Generation Intrusion Prevention System Market
Get more information on this report: Request Free Sample PDF

Next Generation Intrusive Prevention System Sector: Growth Drivers and Challenges

Growth Drivers

  • The Rise of Cloud Computing - The rise of cloud computing has expanded the attack surface for cyber threats, making network security more challenging than ever before. According to recent studies, currently, there are approximately 1,073,741,824 Gigabytes of data stored in the cloud. Thus, companies looking to secure their dispersed networks and safeguard data in transit are increasingly interested in NGIPS solutions designed for cloud settings. As the shift towards cloud-based infrastructure continues, it is expected to escalate the next-generation intrusion prevention system (NGIPS) market growth for next-generation intrusive prevention solutions in the forecast period.
  • Stringent Data Security Rules and Regulations - The adoption of strict data security rules and regulations is expected to propel the next-generation intrusion prevention system market growth. Organizations are required by strict data protection regulations like the General Data Protection Regulations (GDPR), Payment Card Industry Data Security Standard (PCIDC), and Health Insurance Portability and Accountability Act (HIPAA) to put strong cybersecurity safeguards to protect sensitive data and maintain regulatory compliance. NGIPS systems offer sophisticated threat detection and prevention, employing systems with capabilities like encryption, data loss prevention, and intrusion detection, reducing the risk of data breaches while assisting enterprises in meeting these compliance requirements.
  • The Increase in Internet of Things (IoT) Security Needs - The fast expansion of Internet of Things (IoT) devices across numerous industries like manufacturing, energy, and transportation offers new security challenges. As a result, NGIPS solutions tailored for IoT environments are increasingly in demand to protect IoT devices, networks, and associated data from emerging threats. These specialist NGIPS services help enterprises monitor and safeguard their IoT ecosystems with features like anomaly detection, device profiling, and threat intelligence integration. Thus, propelling the growth of the next-generation intrusion prevention system market

Challenges

  • High Implementation Costs - Hardware, software licenses, and continuing maintenance can all add up to a significant upfront cost when implementing NGIPS systems, especially for small and medium-sized businesses. These expenses may outweigh perceived benefits and deter organizations from adopting them. Thus, the high implementation cost of NGIPS systems is expected to hamper the next-generation intrusion prevention system market growth
  • Complexities of network infrastructure while integrating NGIPS which may cause difficulties are expected to deter the market growth.
  • The lack of skilled cybersecurity professionals proficient in NGIPS is also expected to hinder the market growth in the forecast period.

Next-Generation Intrusive Prevention System Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

15.3%

Base Year Market Size (2024)

USD 345.86 million

Forecast Year Market Size (2037)

USD 2.2 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
Get more information on this report: Request Free Sample PDF

Next-Generation Intrusion Prevention System Segmentation

Organization Size (Small and Medium Enterprises & Large Enterprises)

The large enterprise segment is predicted to account for 67% share of the global next-generation intrusion prevention system (NGIPS) market by 2037. The growing adoption of cyber security techniques as a result of harsher fines for mismanaged assets resulting in cyber thefts is responsible for the growth of the sector. As a result, large enterprises are opting for stronger and more reliable cybersecurity solutions which is establishing a path for the market to grow. Furthermore, stringent compliances by the governmental regulatory bodies compel large enterprises to implement cybersecurity solutions to protect consumer data attributing to the growth in the large enterprise segment.

Type (NGIPS Hardware, NGIPS Software & Services)

The NGIPS hardware segment is predicted to account for 60% share of the global next-generation intrusion prevention system market by 2037. The segment growth can be attributed to the rising use in large enterprises due to increasing cyber threats. Various studies indicate that there are 2,300 cyber-attacks per day, with a cyber-attack happening every 39 seconds on average. Furthermore, NGIPS hardware is easy to implement in pre-existing systems because of its compatibility and flexibility allowing manufacturers to collaborate with partners and expand the ecosystem around the NGIPS hardware. Additionally, regulatory compliance requirements drive the demand for dedicated NGIPS hardware. Hence, these factors are further propelling the market for NGIPS hardware.

Our in-depth analysis of the global market includes the following segments:

          Type

  • NGIPS Hardware
  • NGIPS Software
  • Services

           Deployment Mode

  • On-Premise
  • Cloud -Based

          Organization Size

  • Small & Medium Enterprise
  • Large Enterprises

         End-User

  • BFSI
  • Healthcare
  • IT and Telecom
  • Manufacturing
  • Government and Defense
  • Others

Want to customize this research report as per your requirements? Our research team will cover the information you require to help you take effective business decisions.

Customize this Report

Next-Generation Intrusion Prevention System Industry - Regional Synopsis

North American Market Forecast

Next-Generation Intrusion Prevention System market in North America, amongst the market in all the other regions, is anticipated to hold the largest with a share of about 27% by the end of 2037. The market growth in the region is also expected on account of the increasing frequency of cyber threats in the region. According to studies, there were 3,205 instances of data intrusions in the US in 2023. In the same year, there were approximately 353 million people impacted by data intrusions, including exposure, leakage, and breaches. Furthermore, strict privacy and data protection laws, such as the Private Data Protection Law in Mexico and the Protection of Personal Information and Electronic Documents Act in Canada, force businesses and organizations to invest in state-of-the-art cybersecurity solutions to remain compliant with regional regulations propelling the NGIPS market growth in the region.

Moreover, the growth of the NGIPS market in the North American region is anticipated to be fueled by factors like the increasing use of NGIPS in sectors such as technology, healthcare, & finance, technological advancements like the application of AI and ML, the rising demand for cloud-based computing in the region and the rising sophistication in cyberattacks across various industries.

APAC Market Analysis

The Asia Pacific market is estimated to be the second largest, registering a share of about 24% by the end of 2037. The market’s expansion can be attributed majorly to the developing digital ecosystem and rising cyber dangers in emerging economies like China, India, Indonesia, Korea, Malaysia, the Philippines, Taiwan, and Thailand. Studies show that China is number one on the list of nations with the highest prevalence of cybercrime and number three on the list of nations with the most security breaches worldwide. Additionally, in 2023 India had around 2,140 weekly cyberattacks per business which showed a 16% rise over 2022, as a result, India is now the second most targeted country in the Asia-Pacific region. This rise in cybercrime in the region has created a huge need for the adoption of security measures like NGIPS.

Furthermore, the increasing use of next-generation intrusive protection systems in small and medium industries to protect consumer data is also expected to spur market growth in the region. According to research small and medium-sized enterprises (SMEs) make up more than 96% of all Asian businesses.

Research Nester
Next-Generation Intrusion Prevention System Market Size
Get more information on this report: Request Free Sample PDF

Top Featured Companies Dominating the Next-Generation Intrusive Protection Landscape

    • Cisco Systems, Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Palo Alto Networks, Inc.
    • Trend Micro Incorporated
    • Fortinet, Inc.
    • Check Point Software Technologies Ltd.
    • McAfee, LLC
    • Symantec Corporation (NortonLifeLock Inc.)
    • IBM Corporation
    • FireEye, Inc.
    • Juniper Networks, Inc.

In the News

  • With the completion of the Splunk acquisition, Cisco (NASDAQ: CSCO) has laid the groundwork for providing unmatched visibility and analytics throughout a company's whole digital footprint. Organizations need to protect all they do and link in order to prosper in the new digital world.
  • Palo Alto Networks (NASDAQ: PANW) announced end-to-end private 5G security solutions and services in collaboration with leading Private 5G partners. Bringing together Palo Alto Networks enterprise-grade 5G Security and Private 5G partner integrations and services allows organizations to easily deploy, manage, and secure networks throughout their entire 5G journey. The launch addresses the need and desire for validated 5G integrations and furthers Palo Alto Networks strategic vision of an integrated, ecosystem approach to safeguard 5G deployments.

Author Credits:  Abhishek Verma


  • Report ID: 5936
  • Published Date: Oct 22, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of next-generation intrusion prevention system is evaluated at USD 388.19 million.

Next-Generation Intrusion Prevention System (NGIPS) Market size was over USD 345.86 million in 2024 and is likely to exceed USD 2.2 billion by the end of 2037, growing at over 15.3% CAGR during the forecast period i.e., between 2025-2037. The market growth is due to the rising frequency of cyber-attacks, the increasing sophistication of cyber threats, the rise of cloud computing, adoption of strict data security rules and regulations and the fast expansion of Internet of Things (IoT).

North America industry is expected to account for largest revenue share of 27% by 2037, as a result of increasing frequency of cyber threats in the region.

The major players in the market are Palo Alto Networks, Inc., Trend Micro Incorporated, Fortinet, Inc., Check Point Software Technologies Ltd., McAfee, LLC, Symantec Corporation (NortonLifeLock Inc.), IBM Corporation, FireEye, Inc., Juniper Networks, Inc., Cisco Systems, Inc. and others.
Next-Generation Intrusion Prevention System Market Report Scope
logo
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying
Inquiry Before Buying Request Free Sample