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The market is segmented by Service (Consulting, Managed Services, Design and Integration, Training and Education), Industry Vertical (Telecom and Information Technology, Banking and Financial Service, Oil and Gas, Manufacturing, Healthcare, Government, Travel and Transport, Retail, Entertainment and Media), and Geography.
2018 - 2026
Fastest Growing Market:
The cloud intrusion protection software market was valued at USD 0.65 billion in 2020 and expected to reach a value of USD 2.99 billion by 2026, and grow at a CAGR of 29.87% over the forecast period (2021–2026). The use of cloud services is growing rapidly in a broad range of areas as more companies are beginning to implement cloud services.
The growing number of cyber attacks has pushed enterprises to increase their spending on IT infrastructure to prevent data theft and data breaches. An intrusion detection system (IDS) to identify malicious activities over the network and intrusion prevention systems (IPS) to prevent data modification or unauthorized access have been developed. IDS and IPS include hardware, software, and services. IDS is a passive monitoring system that warns the system administrator of any suspicious activity, while IPS enables the administrator to take appropriate action upon the alert generated by the IDS. Here, the scope is limited to services across various industry verticals and geography.
|Design and Integration|
|Training and Education|
|By Industry Vertical|
|Telecom and Information Technology|
|Banking and Financial Service|
|Oil and Gas|
|Travel and Transport|
|Entertainment and Media|
|Other Industry Verticals|
|Middle East & Africa|
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The cloud intrusion protection software market is highly fragmented due to the increasing number of cyber attacks, Moreover, companies are upgrading their existing product portfolio to retain their market share with many new players coming and exploring the market, launching products that are apt to market. Some of the key players in the market are Cisco Systems Inc., IBM Corporation, Fortinet Inc., Check Point Software Technologies Ltd, and Symantec Corporation.
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Cyber Threats and Hacking Attempts
4.3.2 Increased IT Spending on Network Security
4.4 Market Restraints
4.4.1 Detection of False Positives and False Negatives
4.4.2 Loss of Network Performance Due to Multiple Checks
4.5 Opportunities in the Global Cloud Intrusion Protection Software Market
4.6 Industry Value Chain Analysis
4.7 Industry Attractiveness - Porter's Five Forces Analysis
4.7.1 Threat of New Entrants
4.7.2 Bargaining Power of Buyers/Consumers
4.7.3 Bargaining Power of Suppliers
4.7.4 Threat of Substitute Products
4.7.5 Intensity of Competitive Rivalry
4.8 Technology Snapshot
5. MARKET SEGMENTATION
5.1 By Service
5.1.2 Managed Service
5.1.3 Design and Integration
5.1.4 Training and Education
5.2 By Industry Vertical
5.2.1 Telecom and Information Technology
5.2.2 Banking and Financial Service
5.2.3 Oil and Gas
5.2.7 Travel and Transport
5.2.9 Entertainment and Media
5.2.10 Other Industry Verticals
5.3.1 North America
5.3.4 Latin America
5.3.5 Middle East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Cisco Systems Inc.
6.1.2 IBM Corporation
6.1.3 Fortinet Inc.
6.1.4 Check Point Software Technologies Ltd
6.1.5 HP Inc.
6.1.6 McAfee Inc. (Intel Corporation)
6.1.7 Dell Inc.
6.1.8 Trustwave Corporation
6.1.9 AlienVault Inc. (AT&T Cybersecurity)
6.1.10 Broadcom Inc. (Symantec Corporation)
7. INVESTMENT ANALYSIS
8. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability