Global next-generation intrusion prevention system (NGIPS) market is anticipated to grow at a significant CAGR of 14.6% during the forecast period (2024-2031). The advantages of using NGIPS owing to its advanced technology is a key factor driving he global market growth. The NGIPS technology, in contrast to a typical IPS, makes use of machine learning (ML) powered analytics engines that can detect attacks that avoid detection by conventional misuse-based and anomaly-based engines. By using statistical data models driven by machine learning (ML) technology, NGIPS security efficacy is increased by reducing security holes that are exploited by encryption and obfuscation.
Browse the full report description of “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)” at https://www.omrglobal.com/industry-reports/next-generation-intrusion-prevention-system-market
Furthermore, ML collects information about anomalous network activity, extracts relevant insights from the data, and then automatically generates features to construct and verify statistical models for threat detection. In order to create NGIPS and maintain their competitiveness in the market, a number of security intrusion prevention system (IPS) businesses are incorporating ML technology into their IPS systems.
In April 2024, Fortinet and IBM cloud collaborated protect the workloads of clients from increased cyber security threats. IBM and Fortinet have been working together since 2008 to help clients secure cloud networks and workloads. This collaboration has provided the Fortinet Virtual FortiGate Security Appliance (vFSA) on IBM Cloud. Fortinet’s new offering has integrated all the capabilities of Fortinet’s FortiGate hardware firewall form factor with the availability and flexibility of virtual appliances.
In January 2023, Radware introduced new cyber security partner program. The global program has new and existing ecosystem which partners a more lucrative and systematic approach to creating, managing, and growing sales opportunities based on Radware cloud services and solutions.
Market Coverage
• The market number available for – 2023-203
• Base year- 2023
• Forecast period- 2024-2031
• Segment Covered-
o By Solution
o By Enterprise Size
o By Industry
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- includesMcAfee LLC., Palo Alto Networks, Trend Micro Inc., Check Point Software Technologies Ltd., Fortinet Inc. and Cisco Systems Inc.,among others.
Key questions addressed by the report.
Global Next-Generation Intrusion Prevention System (NGIPS) Market Report Segment
By Solution
• NGIPS Hardware
• NGIPS Software
• Services
o Professional Service
? Consulting
? Training and Education
? Support and Maintenance
o Managed Service
By Enterprise Size
By Industry
Global Next-Generation Intrusion Prevention System (NGIPS) Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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