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Wireless Intrusion Prevention System Market Regional Growth Drivers, Opportunities and Trends 2021-2027

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Animesh Rao
Wireless Intrusion Prevention System Market Regional Growth Drivers, Opportunities and Trends 2021-2027

Wireless intrusion prevention system (WIPS) is a security network designed for identifying illegal trespassing and unidentified access points. It can prevent unauthorized access by wireless peripherals and external devices. The global wireless intrusion prevention system industry report by Market Research Future (MRFR) explores drivers, restraints, opportunities, and challenges that affect the industry for the period of 2017 to 2023 (forecast period). The COVID-19 pandemic and its effects on the industry are also included to determine revaluation of market size and growth projections.

Wireless Intrusion Prevention System Market Scope

The global wireless intrusion prevention system market size can exhibit 15% CAGR over the forecast period. It can reach a purported valuation of USD 1.5 billion by 2023.

The market is expected to expand owing to advances in technology and investments in upgrading IT infrastructure by various companies. The safeguarding of databases and digital assets can drive the demand for WIPS. Government policies for secure wireless communication and rise of cyberattacks can induce massive demand from the market. Moreover, protection of servers and databases can favor the market considerably. Rise of BYOD and CYOD in large organizations has led to organizations taking steps to protect personal devices within office premises as well as those working remotely.

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The COVID-19 pandemic is likely to trigger the demand for WIPS owing to governments mandating policies for protecting assets and IT infrastructure during remote work and social distancing. High use of mobile devices and internet penetration can lead to investments in wireless security solutions by major organizations.

Lack of awareness of the technology and inability of legacy systems for implementing WIPS can hamper market growth.

Wireless Intrusion Prevention System Market Competitive Scope

AT&T Incorporation, Mojo Network, Inc., Symantec, Aruba, Check point, Vanderbilt Industries, NetScout, WatchGuard Technologies, IBM Corporation, Dell Corporation, Fluke Corporation, McAfee, Cisco Systems Inc., Metaflows, Inc., Corero, Extreme Networks, and Hewlett-Packard are prominent players of the global wireless intrusion prevention system market. 

Wireless Intrusion Prevention System Market Segmentation

By component, the wireless intrusion prevention system market is segmented into hardware, software, and services. The hardware sub-segment consists of sensors, consoles, and servers.  The services segment is sub-segmented into professional and managed services. 

By implementation, the market is divided into network and hosted.

Major applications of the wireless intrusion prevention system market are government, BFSI, IT& telecommunication, manufacturing, aerospace & defense, retail & e-commerce, healthcare, and others. The government sector is likely to command a huge demand in the market owing to being a frequent victim of cyberattacks. Compliance protocols made mandatory by organizations and implementation of WIPS for assessing risks on wireless networks to government departments can drive the segment demand. On the other hand, the retail sector is employing IoT solutions to ensure efficiency and help workers maintain operations. This induced the need for wireless intrusion systems that detect rogue access points and prevent the entry of malicious attacks.

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Wireless Intrusion Prevention System Market Regional Analysis

North America, Asia Pacific (APAC), Europe, and Rest-of-the-World (RoW) are major regions analyzed for measuring the growth of the global wireless intrusion prevention system market.

North America is set to be highly profitable for the market owing to IT infrastructure spending by corporations and rise of cyberattacks. Presence of large solution providers and compliance with changing security protocols can drive demand for wireless intrusion prevention systems. Forensic analysis of radio frequency events as well as aggregation and reporting of alarms for raising the defenses of systems can bode well for the market.

APAC is set to be the fastest growing region owing to digital transformation of infrastructure and adoption of smart solutions in China, India, and Japan. Implementation of regulations for better protection of their intellectual property as well as rise of online breaches can drive the market demand in the region.

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Industry News

Extreme AirDefense has agreed to provide wireless security solutions for Henry Ford Health System. It can provide visibility on the presence of Wi-Fi and Bluetooth devices in the proximity of the institute. 

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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