Intrusion Detection and Prevention Systems: COVID-19 Pandemic-Driven Market Dynamics and Factor Analysis (2020-2025) - ResearchAndMarkets.com
Summary
An increasing number of security breaches and cyberattacks and mandate to follow regulatory and data protection laws have contributed to the growth of the IDPS ecosystem. Machine Learning (ML), the Internet of Things (IoT), big data analytics, and Artificial Intelligence (AI) are emerging methodologies that are being deployed in this region. According to FireEye, organizations in APAC take almost 3 times as long as the Rest of the World (RoW) to realize that malware has successfully broken into their network mainly because of the dependency on external third-parties. According to a report by Malwarebytes in January 2019, APAC remains a prime target for cyberattacks, with Australia, Indonesia, Malaysia, Thailand, and the Philippines among the top 10 countries with most business malware detections globally. Major vendors offering IDPS solutions include Cisco Systems (US), International Business Machines Corporation (US), McAfee LLC (US), Trend Micro Inc. (Japan), Palo Alto Networks, Inc. (US), AT&T Cybersecurity (US), Darktrace (US and UK), FireEye, Inc. (US), Alert Logic, Inc. (US), Fortinet, Inc. (US).