Cloud IDS IPS Market is expected to grow 1,764.7 Million USD by 2022

According to a research report "Cloud IDS IPS Market by Component (Solution Type (Signature-Based, Anomaly-Based Detection), and Services), Deployment Model (Public, Private, and Hybrid Cloud), Organization Size, Industry, and Region - Global Forecast to 2022", is expected to grow from USD 600.9 Million in 2017 to USD 1,764.7 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 24.04% during the forecast period. The increasing number of security threats and data breaches has propelled the adoption of cloud IDS IPS solutions. Cloud IDS IPS offerings provide enhanced security capabilities that can efficiently detect and prevent security threats. This has further fueled the demand for these solutions among end-use verticals.
Browse 65 market data Tables and 33 Figures spread through 125 Pages and in-depth TOC on "Cloud IDS IPS Market - Global Forecast to 2022"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/cloud-ids-ips-market-158051963.html

The signature-based detection is expected to grow at a considerable CAGR during the forecast period

By solution type, the cloud IDS IPS market has been segmented into signature-based detection, anomaly-based detection, and other types. Signature-based detection involves the use of already defined patterns to scan for packet sequences that are known to be malicious. Signatures are easy to develop and understand owing to which they are widely used for intrusion prevention. Moreover, due to the availability of high computing power, pattern matching is more efficient and can be performed at a fast rate. These benefits provided by signature-based type are expected to further drive the growth of the cloud IDS IPS market during the forecast period.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=158051963

The support and maintenance services segment is expected to grow at the highest CAGR during the forecast period

By services, the cloud IDS IPS market is segmented into training and consulting, integration, and support and maintenance. The support and maintenance segment is expected to grow at the highest CAGR during the forecast period. Maintenance services facilitate upgrades to existing systems and provide assistance for solving issues of products. As the deployment of anomaly detection solutions is increasing, the demand for support and maintenance services is also gaining traction.
North America is expected to dominate the cloud IDS IPS market during the forecast period

The global cloud IDS IPS market by region is segmented into North America, Asia Pacific (APAC), Europe, Middle East and Africa (MEA), and Latin America. North America is estimated to hold the largest market size in 2017, owing to the presence of a large number of vendors and rapid adoption of cloud-based solutions in this region. The market in APAC is expected to grow at the highest CAGR during the forecast period. The primary driving forces for this growth are the increasing awareness and adoption of cost-effective and scalable cloud-based solutions in this region.

Speak To Expert Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=158051963

The report also studies different growth strategies, such as mergers and acquisitions, partnerships and collaborations, and developments, adopted by the major players to enhance their shares in the market. Some of the major technology vendors in the cloud IDS IPS market include Check Point (Israel), NTT Communications (Japan), Trend Micro (Japan), Century Link (US), Cisco (US), Intel (US), Fortinet (US), Imperva (US), Metaflows (US), Hillstone Networks (US), and Alert Logic (US).

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road, Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: sales@marketsandmarkets.com

About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

This release was published on openPR.