Intrusion Detection System Market Overview:
The farm management software and services market comprises of major applications that include record keeping, farm mapping, monitoring and forecasting, farm economics, and other applications. The farm management market is majorly driven by factors impacting the growth of the software and IT market such as growing demand for organic food and changing the lifestyle of people, profitability, and production with smart techniques implemented in farming. Additionally, the monitoring and observation of crops and cattle to yield additional production.
The market for Intrusion Detection System Marketis expected to show a significant growth due to growing demand for a convenient cloud storage that has been widely incorporated in farm management software.
Apart from the management of crops, farm management software is also used for tax management, profit center analysis, cost accounting, inventory management, livestock management, and financial management. These additional services and features benefit farmers to keep monitored ROI and manage expenses revenue by tracking all the vital information. Various governments have started investing and taking initiative for the need and importance of the management software, thereby promoting farming and agriculture drive the growth of the market. However, higher initial capital investment and limited technical expertise are some of the factors restraining the market growth.
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Intrusion Detection System Market Major Key Players:
The major players that are profiled by MRFR in the report on the global intrusion detection system market are McAfee (California), Check point (Israel), Corero (Massachusetts), Dell (the U.S.), IBM (the U.S.), Cisco (the U.S.), Extreme Networks (the U.S.), Symantec (the U.S.), Metaflows, Inc. (the U.S.), Hewlett-Packard (the U.S.) among others.
Intrusion Detection System Market Drivers and Restraints:
Increasing global concern regarding cyber threats and hacking activities is playing a vital role in inducing high demand for intrusion detection systems in the global market. Growing adoption of advanced security solutions in IT and communication sector and rise in security threats to enterprise networks are some of the factors that are propelling the growth of the global intrusion detection system market.
Rapid technological advancement and increase adoption of high-tech solutions to secure the data and premises of various organizations and recent developments in semiconductor technology are projected to be fueling the growth of the global intrusion detection system market. However, lack of awareness and poor understanding regarding the available intrusion detection system are likely to hinder the growth of the global intrusion detection system market during the forecast period.
Intrusion Detection System Market Regional Analysis:
The global intrusion detection system market has been geographically segmented into four major regions such as North America, Asia Pacific, Europe, and the rest of the world. Among these, the North America region has been projecting dominance over the global intrusion detection market in the past few years due to the rapid technological advancement, easy adoption of advanced technology, increasing security threats in various industrial sectors and presence of major players in the global intrusion detection system market in this region.
The Asia Pacific and Europe regions are growing significantly in the global intrusion detection system market due to the increasing demand for high-tech security solutions in the military and defense sector and increasing incidences of security breach by cybercriminals in these regions.
Intrusion Detection System Industry Updates:
On 18th September 2018, CORN Systems, a defense tech startup based in India, has announced that it has signed memorandum of understanding (MoU) for collaboration with Quanergy Systems Inc., a global leader in design and development of light detection ranging sensors and smart sensing solutions. This collaboration will allow CORN Systems to upgrade intrusion detection features of its advanced ‘Kavach’ series for perimeter security and Indian armed forces.
On 16th September 2018, it was announced that the India-Pakistan International border in Jammu would be secured with high-tech smart fence which will be equipped with infrared sensors and laser-based intrusion detection system.
The global intrusion detection system market has been segmented on the basis of deployment, components and end-users. Based on deployment, the intrusion detection system market is segmented into cloud-based and infrastructure-based.
Based on components, the intrusion detection system market is segmented into hardware and software. Based on end-users, the intrusion detection system market is segmented into BFSI, IT& communication, aerospace and defense, software industry, manufacturing, government, healthcare and others.
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Table of Contents
1. Report prologue
2.2 Scope of the study
2.2.1 Research objective
2.3 Market structure
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