Cisco Leads, But IPS Market is Growing
Cisco has an early lead in the IPS market, but as demand grows other players are coming on board and pushing the market closer and closer to the $1 billion mark.
Intrusion Prevention Systems (IPS) has emerged as a highly competitive market, with a number of vendors jockeying for a larger slice of growing enterprise spending. Meanwhile, CIOs are looking to better secure their networks and their users as risks proliferate -- and are counting on the vendors to deliver solutions that keep them ahead of the threats.
According to a new report from Infonetics Research, the IPS market generated $800 million in 2009 and is expected to hit $1.2 billion by 2014. Currently, Infonetics ranks networking giant Cisco as the leader in the market, though it's a position that is being challenged by big-name rivals including IBM and HP's TippingPoint division as all three map out new ways to meet enterprise IT's needs.
"As Infonetics reported, Cisco has taken a strong leadership position in IPS, and will continue to expand that position in what is still a relatively fragmented market," Rush Carskadden, product line manager for Cisco Security, told InternetNews.com. "As the security landscape continues to evolve at a rapid pace, customers are looking for solutions that react to threats accurately and quickly, while not sacrificing the potential for a holistic approach to security for their organization."
While Cisco is continuing to invest in its security technologies, rivals are doing the same, sensing an opportunity gain a larger foothold of their own in the enterprise.