The Wireless Intrusion Prevention System Market: Ensuring Robust Wireless Security
The Wireless Intrusion Prevention System Market value of about USD 9.36 billion by the end of 2030, is expanding and is occupying a CAGR of about 9.38% during the market forecast 2022-2030. Wireless connectivity has become ubiquitous, with Wi-Fi networks deployed in corporate offices, retail spaces, schools, hospitals and more to enable convenient internet access. However, this also increases vulnerability to cyber threats if the airspace is not properly secured. This is driving the need for advanced wireless security solutions provided by the WIPS market.
Market Overview A wireless intrusion prevention system monitors the radio spectrum of wireless LAN networks to detect suspicious traffic patterns and prevent wireless attacks. WIPS provides 24/7 airspace surveillance using sensors and machine learning algorithms to automatically identify, classify, and stop wireless threats. Key capabilities include rogue device detection, misconfiguration detection, DoS attack prevention, network vulnerability assessments, and more. Leading providers offer hardware, virtual or cloud-based solutions suitable for different organizational needs.
Key Segments The global WIPS market can be segmented by component, deployment mode, organization size and industry vertical:
- By component, the market is classified into solutions and services. The solutions segment held the largest market share in 2021.
- Based on deployment mode, it is bifurcated into on-premise and cloud-based deployments. The on-premise segment accounted for the highest revenue share last year.
- By organization size, the market is segmented into SMEs and large enterprises. Large enterprises dominated the market in 2021.
- Key industry verticals covered in the report include BFSI, government & defense, healthcare, retail, manufacturing, and others. BFSI accounted for the largest share.
Key Market Drivers
- The exponential increase in BYOD policies, IoT connections and Wi-Fi traffic is widening the wireless attack surface, necessitating wireless-specific security.
- Stringent regulations such as PCI DSS compel organizations to adopt wireless security measures.
- Legacy wireless intrusion detection systems have limitations in detecting newer attack methods. This is prompting upgrades to advanced AI-based WIPS.
- As networks become more complex, IT teams need automated wireless vulnerability management and threat response capabilities provided by WIPS.
Leading WIPS Companies Major vendors in the WIPS market include Cisco, Fortinet, Juniper Networks, Intel, and Extreme Networks. Other key players are AirWave, Aruba Networks, Bluenica, Cynerio, Fluke Corporation, NetScout and WatchGuard. Most providers focus on deliveringcomprehensive managed WIPS bundled with hardware and software capabilities. They leverage emerging technologies like ML and adaptive scanning to offer intelligent threat detection and fastest time-to-protect. Strategic partnerships, new product launches, and acquisitions further strengthen their market footprint.
Regional Insights North America will retain the highest market share throughout the forecast period, followed by Europe and APAC. Increased wireless networking in government agencies, healthcare providers, financial institutions and other regulated environments is driving WIPS adoption in these regions. However, higher growth is foreseen in Asia Pacific due to rapid digital transformation initiatives and enterprise mobility uptake. Growing retail, transport, hospitality and education verticals will further boost APAC’s WIPS market size.
Latest Industry News
- May 2022: Fortinet acquired Ananda Networks to augment its wireless and IoT security portfolio with NAC and WIPS capabilities.
- April 2022: Extreme Networks released its ExtremeWireless WiNG WIPS, integrating threat detection, investigation and response.
- February 2022: WatchGuard acquired AlertBoot to offer advanced Wi-Fi security via AI/ML-enabled WIPS solutions.
The explosive increase in business-critical wireless connectivity necessitates robust airspace security provided by WIPS solutions. As sophisticated wireless threats continue to evolve, organizations are prompted to invest in AI-powered 24/7 wireless monitoring, threat hunting and incident response capabilities offered by leading WIPS vendors. With wireless poised to become the primary enterprise access layer, the addressable market for wireless intrusion prevention systems remains strong.
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