South Korea Intrusion detection and Prevention systems Market Research Report, 2029

The South Korean Intrusion Detection and Prevention Systems (IDPS) market is dominated by Network-based Intrusion Detection Systems (NIDS), owing to an increasing reliance on network connectivity and the widespread deployment of Bring Your Own Device (BYOD) rules. This preference for NIDS is fueled by their effectiveness in monitoring network traffic for suspicious activity and potential threats. However, there has been a noticeable shift in recent times, with the increased acceptance of Cloud-based IDPS solutions. These cloud-based products provide major benefits like scalability and remote management capabilities, which are especially useful for enterprises that operate in numerous locations. Furthermore, there is a distinct trend of AI-powered IDPS systems gaining popularity in the Korean market. These AI-driven systems include sophisticated capabilities such as anomaly detection and automated threat analysis, which improve the overall effectiveness of intrusion detection and prevention measures. This emphasis on AI demonstrates the industry's recognition of the need for more proactive and adaptable cybersecurity solutions to successfully combat emerging threats. According to the research report “South Korea Intrusion Detection and Preventions System Market Research Report, 2029," published by Actual Market Research, the South Korea Intrusion Detection and Preventions System market is expected to grow at more than 5% from 2024 to 2029. Several factors are driving the IDPS market in South Korea, including an increase in the incidence of cyber threats, stricter government data security requirements, and the increased adoption of cloud computing and Internet of Things (IoT). These factors all contribute to the growing demand for sophisticated intrusion detection and prevention solutions that can successfully protect sensitive data and critical infrastructure. Despite the tremendous development potential, the South Korean IDPS market confronts various hurdles. One such difficulty is a shortage of experienced workers capable of implementing and managing IDPS. Furthermore, integrating IDPS solutions with current security infrastructure is hard, and there is a danger of false positives, which can result in unwarranted alarms and operational disruptions. Overcoming these problems will necessitate collaborative efforts from industry stakeholders, including investments in training programs to develop cybersecurity talent and developments in IDPS technologies to reduce integration complications and false positives. In terms of policy and law, South Korea has a strong cybersecurity framework that is guided by the Act on the Protection of Information and Communications Networks. This regulation requires data breach notification and enforces security measures, especially in vital infrastructure industries. Furthermore, the Korean Agency for Technology and Standards (KATS) plays an important role in certifying IDPS products, guaranteeing compliance with local rules, and increasing consumer confidence in the efficacy and dependability of these solutions.

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In terms of components, the IDPS market is characterised by leading solutions and growing services. Solutions are categorised into hardware and software, while services encompass integration and support and maintenance. The market further divides by solution type, including network-based systems, which monitor network traffic for malicious activity, and wireless-based systems, which focus on wireless network protocols. Additionally, network behaviour analysis systems identify threats through traffic pattern analysis, while host-based systems operate within a single host to monitor traffic and activity. Organisation size plays a role, with small and medium-sized enterprises (SMEs) driving growth and large enterprises leading in adoption. Deployment modes vary between cloud-based solutions, offering remote access protection, and on-premises solutions, which safeguard internal networks. Across industries, banking, financial services, and insurance (BFSI) are prominent users, followed by government and defence sectors, with healthcare and IT/telecom sectors showing growth potential. Other industries like manufacturing, education, media, entertainment, transportation, logistics, energy, and utilities also contribute to the market's diversity and expansion. Opportunities in the field of Intrusion Detection and Prevention Systems (IDPS) are numerous, with unique trends defining the market landscape. One key potential opportunity is the growing demand among Small and Medium Enterprises (SMEs) for low-cost, simply deployed IDPS solutions. As SMEs increasingly appreciate the necessity of protecting their digital assets, the demand for easily accessible security solutions becomes critical. This spike in demand allows providers to tailor their solutions to the SME sector, addressing their individual needs and limits. Simultaneously, there is a noticeable trend toward the convergence of physical and IT security domains, which is driving the integration of IDPS and access control systems. This connection simplifies security processes, increasing overall efficiency and efficacy in threat mitigation. Organisations, particularly those with complete security requirements in both the digital and physical realms, seek seamless solutions that combine several security tasks into unified platforms. Furthermore, increased awareness of cyber dangers in the public sector, particularly among government institutions, is driving the implementation of IDPS. Significant data breaches, such as the one experienced by a key defence contractor in South Korea, highlight the importance of strong cybersecurity procedures. As a result, governments around the world are increasingly prioritising expenditures in cybersecurity infrastructure and staff development to strengthen their defences against changing cyber threats. This creates an opportunity for IDPS providers to work with government entities and offer specialised solutions that meet strict security criteria. Finally, pricing remains an important concern in IDPS deployment. Costs vary depending on the deployment type, features, and provider. The average selling price (ASP) ranges from USD 10,000 for basic solutions to more than $100,000 for comprehensive enterprise-grade suites. This pricing spectrum represents the different needs of companies. South Korea stands out among Southeast Asian countries for its advanced Intrusion Detection and Prevention Systems (IDPS) market, which is mostly due to tight laws and increased investment in Information Technology (IT). These characteristics have created a mature environment for IDPS solutions, cementing South Korea's status as a regional cybersecurity pioneer. In contrast, Southeast Asian countries are still building their IDPS marketplaces, lacking South Korea's legislative framework and IT spending levels. China emerges as a potential rival in the IDPS space, with a sizable domestic market and government support for native cybersecurity solutions. Despite South Korea's maturity in IDPS, China's massive market size and supportive legislation pose obstacles for South Korean vendors pursuing regional domination. The COVID-19 epidemic has had a profound influence on global demand for IDP solutions. With the rapid move to remote work arrangements, there has been an increased demand for cloud-based and endpoint security solutions, such as IDPS. However, supply chain problems may have resulted in temporary delays, notably in hardware acquisition for on-premise IDPS deployments. Despite these hurdles, the pandemic has highlighted the crucial significance of strong cybersecurity safeguards, accelerating the deployment of IDPS solutions.

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Kripa Shah

Senior Analyst

Considered in this report • Historic year: 2018 • Base year: 2023 • Estimated year: 2024 • Forecast year: 2029 Aspects covered in this report • Intrusion Detection and Prevention Systems market Outlook with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Component • Solutions (Hardware, Software) • Services (Integration, Support and Maintenance)

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By Type • Network-based • Wireless-based • Network behaviour analysis • Host-based By Organization Size • Small and Medium-sized Enterprises (SMEs) • Large Enterprise By Deployment Mode • Cloud • On-premises By End-User Industry • Banking, Financial Services and Insurance (BFSI) • Government and Defence • Healthcare • Information Technology (IT) and Telecom • Others The approach of the report: This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Intrusion Detection and Prevention Systems industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.