What is the Impact of the COVID-19 Crisis on the Next-Generation Intrusion Prevention System Market?

Next-Generation Intrusion Prevention System: Introduction

• A next-generation intrusion prevention system delivers comprehensive threat security that blocks intrusions, avoids breaches, and protects valuable assists.
• Next-generation intrusion prevention systems use an advanced, multi-layered approach to identify advanced persistent threats to gain protection from spyware, Trojans, malware, worms, brute force cracking, protocol attacks, web threats, scanning/probing, and more.
• A next-generation intrusion prevention system combines behavior-based detection and signature, traffic anomaly detection and protocol, deep packet inspection, correlation analysis, and the latest threat intelligence to detect botnets and malicious sites.
• Optional virtual sandbox capability can be added to the next-generation intrusion prevention system using the threat analysis appliance. The threat analysis uses various detection engines to identify zero-day threat, including an antivirus engine, IP reputation engine, static analysis engine, and virtual sandbox execution.

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Next-Generation Intrusion Prevention System Market: Dynamics

Next-Generation Intrusion Prevention System Market: Key Drivers

• The next-generation intrusion prevention system combines threat intelligence, intrusion prevention, and optical virtual sandbox capabilities to efficiently address advance persistent threats
• The next generation intrusion prevention system integrates traffic prioritization and distributed denial of service protection to confirm bandwidth that is available for critical users, applications, and servers
• The next-generation intrusion prevention system can be installed in a high availability configuration and offers advance network management features, comprising threat visualization based on asset views, attack chain and more.
• However, high capital investment for next-generation intrusion prevention systems is expected to hamper the market during the forecast period.

Impact of COVID-19 on the Global Next-Generation Intrusion Prevention System Market

• Increasing cases of COVID-19 across the globe is resulting in economic slowdown. Developed countries are strongly affected by the pandemic. COVID-19 has a negative impact on the next-generation intrusion prevention system market. However, revenue of the market is expected to rise in the coming years as companies start making profit to recover from the economic downturn associated with Covid-19. 

Key Players Operating in the Global Next-Generation Intrusion Prevention System Market

• McAfee, LLC

McAfee, LLC is a cybersecurity company. It is involved in protecting enterprises, consumers, and the government from cyber-attacks with integrated securities. The company provides complete digital protection that includes device privacy, security, and safe Wi-Fi, Identity protection, and online protection, creating an integrated and seamless digital channel.

• Trend Micro Incorporated

Trend Micro Incorporated was founded in 1988, and based in Tokyo, Japan. The company provides security products and antiviruses that protect the flow of information on file servers, e-mail servers, PC’s, and internet gateways

Other key players operating in the global next-generation intrusion prevention system market include Cisco Systems, Darktrace, AR&T Business, Palo Alto Networks, NSFOCUS, Blumira, International Business Machines Corporation, FireEte, Inc., Huawei Technologies Co., Ltd., Hillstone Networks, Inc., ExtraHop Networks, and Armor Defence, Inc.

Global Next-Generation Intrusion Prevention System Market: Research Scope

Global Next-Generation Intrusion Prevention System Market, by Component

• Solutions
• Hardware
• Software
• Services
• Integration
• Support and Maintenance

Global Next-Generation Intrusion Prevention System Market, by Type

• Wireless-based
• Network-based
• Host-based
• Network behavior analysis

Global Next-Generation Intrusion Prevention System Market, by Deployment

• Cloud
• On-premises

Global Next-Generation Intrusion Prevention System Market, by Organization

• Large Enterprises
• Small and Medium-sized Enterprises (SMEs)

Global Next-Generation Intrusion Prevention System Market, by Vertical

• Information Technology and Telecom
• Government and Defense
• Banking, Financial Services and Insurance (BFSI)
• Retail and e-commerce
• Healthcare
• Manufacturing
• Others

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