LONDON, May 14, 2015 /PRNewswire/ -- An intrusion prevention system (IPS) provides valuable network protection capabilities. However, the IPS market faces growing competition from network security products that offer integrated IPS functionality such as next generation firewall (NGFW) and unified threat management (UTM). More and more businesses are choosing this integrated approach to network security. As a result, convergence is limiting the growth potential for pure-play IPS products. Vendors must solidify and implement decisive strategies for navigating this stage of the IPS market.
-Market revenue for 2014 was $ billion and is expected to grow to $ billion by 2019.
-Leading vendors include Check Point, Cisco, HP, IBM, and Intel Security.
-The intrusion prevention system (IPS) provides an important layer of network protection.
oHowever, IPS functionality is included as an integrated component of next generation firewall (NGFW) and unified threat management (UTM) products.
oIntegrated IPS provides sufficient protection for small and medium-size businesses defending their network perimeters.
oIntegrated IPS can also help businesses achieve compliance with industry and government regulations.
-Accordingly, IPS sales are increasingly limited to enterprise organizations that require best-of-breed protection and scalability for demanding core networks and data centers.
-The limited outlook for the IPS market has caused multiple vendors to exit the market, as well as market consolidation to occur.
-The IPS market is at a critical late stage of development and vendors should plan their product roadmaps and market strategies accordingly.
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