Cloud IDS IPS Market Investment Activity From Established Companies Are to Create Attractive Opportunity for New Comers: Solarwinds, Logicmonitor, and CA Technologies.

Summary of the Report -

Global Cloud IDS IPS Market, By Solution Type (Signature-based Detection, Anomaly-based Detection, and Others (Policy-based and Protocol-based Detection)), By Service (Training and Consulting, Integration, and Support and Maintenance), By Deployment Model (Public Cloud, Private Cloud, and Hybrid Cloud), By Organization Size (Small and Medium-sized Enterprises, and Large Enterprises), By End User (Banking, Financial Services, and Insurance (BFSI), IT and Telecom, Government and Defense, Education, Retail, Manufacturing, Healthcare, Energy and Utilities, and Others (Media and Entertainment, Transportation and Logistics)), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026

Market Overview:

IDS (intrusion detection system) is a security solution that helps detect security-related events but does not block them. While IPS (intrusion prevention system) identifies a threat and blocks it so the attack cannot occur. Cloud-based IDS and IPS is essential for companies migrating workloads and services to public cloud infrastructure. The main difference between them is that IDS is a monitoring system, while IPS is a control system.

IDS analyze network traffic for signatures that match known cyber-attacks and IPS help stop the attack. While many companies leverage IDS/IPS systems to fulfill a compliance checkbox, both systems are vital to protect company's network. These security solutions help ensure any potential threats that sneak through the firewall are addressed as soon as the attack occurs.

Competitive Landscape:

Major players operating in the global cloud IDS IPS market are Opsview, Kaseya, Datadog, Zenoss, Cloudyn, Sevone, Idera, Dynatrace, Solarwinds, Logicmonitor, and CA Technologies.

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Key Market Drivers:

Increasing number of cyber-attacks and data breaches is expected to propel growth of the cloud IDS IPS market during the forecast period. For instance, according to an annual report on global cyber security, there were a total of 304 million ransomware attacks worldwide in 2020.

Moreover, rising demand for easily scalable and cost-effective security solutions and rise in security threats is expected to augment the growth of the cloud IDS IPS market. There has been an increase in the implementation of IDS by many cloud customers to help keep their network secure. For instance, Google Cloud IDS delivers cloud-native, managed, network-based threat detection, built with Palo Alto Networks' industry-leading threat detection technologies to provide high levels of security efficacy.

Geographically, the report examines production, consumption, revenue, market share, growth rate, and forecasts for the following regions:

🔹North America (United States, Canada)

🔹Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)

🔹Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

🔹Latin America (Brazil, Mexico, Others)

🔹The Middle East and Africa (Saudi Arabia, United Arab Emirates, Turkey, Egypt, South Africa, Nigeria)

COVID-19 Impact Analysis:

The cloud computing environment is an unsung hero in the COVID-19 pandemic crisis. For tech infrastructure companies, the pandemic has accelerated customer demand for cloud-based offerings, as remote working increases the risk of a ransomware attack significantly. Moreover, the pandemic has caused a surge in ransomware attacks across various industries worldwide. Thus, there is an increasing demand for cloud-based security solutions worldwide, which in turn is expected to boost the growth of the cloud IDS IPS market.

Some of the important questions answered in this report include:

✅ What are the top five Cloud IDS IPS Market players?

✅ What will the Cloud IDS IPS Market look like in the following years?

✅ Which product and application will dominate the Cloud IDS IPS Market?

✅ What are the Cloud IDS IPS Market's drivers and restraints?

✅ Which regional market will represent the highest growth?

✅ What will be the CAGR and market size of the Cloud IDS IPS Market over the forecast period?

✅ What is the present market size, what will it be in 2029, and what will be the growth rate?

✅ What are the constraints to market growth?

✅ What market opportunities and risks do the key companies face?

✅ Who are the main competitors, and what is their strategic approach?

✅ What are the market's entry challenges for new players?

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Detailed TOC of Cloud IDS IPS Market Forecast Report:

1 Cloud IDS IPS Market Overview

1.1 Product Overview and Scope of Cloud IDS IPS Market

1.2 Segment by Type

1.3 Global Segment by Application

1.4 Global Market, Region Wise (2017-2022)

1.5 Global Market Size of Cloud IDS IPS Market (2017-2029)

2 Global Cloud IDS IPS Market Landscape by Player

2.1 Global Cloud IDS IPS Market Sales and Share by Player (2017-2022)

2.2 Global Revenue and Market Share by Player (2017-2022)

2.3 Global Average Price by Player (2017-2022)

2.4 Global Gross Margin by Player (2017-2022)

2.5 Manufacturing Base Distribution, Sales Area and Product Type by Player

2.6 Market Competitive Situation and Trends

3 Cloud IDS IPS Market Upstream and Downstream Analysis

3.1 Industrial Chain Analysis

3.2 Key Raw Materials Suppliers and Price Analysis

3.3 Key Raw Materials Supply and Demand Analysis

3.4 Manufacturing Process Analysis

3.5 Market Concentration Rate of Raw Materials

3.6 Downstream Buyers

3.7 Value Chain Status Under COVID-19

Market Segmentation:

▪ On the basis of solution type, the global cloud IDS IPS market is segmented into:

Signature-based Detection

Anomaly-based Detection

Others (Policy-based and Protocol-based Detection)

▪ On the basis of service, the global cloud IDS IPS market is segmented into:

Training and Consulting

Integration

Support and Maintenance

▪ On the basis of deployment model, the global cloud IDS IPS market is segmented into:

Public Cloud

Private Cloud

Hybrid Cloud

▪ On the basis of organization size, the global cloud IDS IPS market is segmented into:

Small and Medium-sized Enterprises

Large Enterprises

▪ On the basis of end user, the global cloud IDS IPS market is segmented into:

Banking, Financial Services, and Insurance (BFSI)

IT and Telecom

Government and Defense

Education

Retail

Manufacturing

Healthcare

Energy and utilities

Others (Media and Entertainment, Transportation and Logistics)

Key Takeaways

▪ The cloud IDS IPS market is expected to exhibit a CAGR of XX % during the forecast period owing to the increased adoption of cloud-based security solutions and growing demand for securing it infrastructure. For instance, in February 2018, Axiad IDS launched the next-generation of Axiad ID Cloud, providing companies a comprehensive platform with new capabilities to prevent security breaches and meet critical IT security mandates.

▪ Among regions, North America is expected to witness robust growth in the cloud IDS IPS market due to increasing demand for cloud-based security solutions, rise in security threats, and rising number of cyber-attacks and data breaches in this region. According to tdwi.org, the number of data breaches in the United States totaled 1,001 cases in 2020.

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