Next-Generation Intrusion Prevention System Market Size

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

Next-Generation Intrusion Prevention System Market Size

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
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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.
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