Cloud Intrusion Protection Software Market | Growth, Trends, and Forecast (2020

ABOUT THIS REPORT
- Market Snapshot
- Market Overview
- Scope of the Report
- Key Market Trends
- Competitive Landscape
- Major Players
TABLE OF CONTENTS

Market Snapshot

Study Period:

2019-2025

Base Year:

2019

Fastest Growing Market:

Asia Pacific

Largest Market:

North America

CAGR:

29.87 %

Major Players:

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Market Overview

The cloud intrusion protection software market was valued at USD 0.65 billion in 2019 and is expected to reach a value of USD 2.99 billion by 2025, at a CAGR of 29.87% over the forecast period, 2020–2025. The use of cloud services is growing rapidly in a broad range of areas as more companies are beginning to implement cloud services.

Operation Ghoul, a campaign held by a group of hackers, uses a commercial spyware kit to retrieve valuable business-related data stored in the victim’s network. The group has successfully attacked almost 130 organizations from around 30 countries around the world.
In September 2018, hackers gained access to over 30 million users’ record on Facebook. Rather than going for payment information or passwords, cybercriminals stole personal data, such as names, relationship status, religion, birthdate, employers, search activity, and check-in locations.
The increasing number of cyber threats and hacking attempts are driving companies and individual users to use cloud intrusion protection software. In addition, considering the increasing number of intrusion incidents in business networks, there has been an increased IT spending on network security. Intrusion detection and prevention have been the most important hacks for IT companies to protect themselves from targeted attacks.

Scope of the Report

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.

By Service
		Consulting
		Managed Service
		Design and Integration
		Training and Education

By Industry Vertical
		Telecom and Information Technology
		Banking and Financial Service
		Oil and Gas
		Manufacturing
		Healthcare
		Government
		Travel and Transport
		Retail
		Entertainment and Media
		Other Industry Verticals

Geography
		North America
		Europe
		Asia-Pacific
		Latin America
		Middle East & Africa

Report scope can be customized per your requirements. Click here.

Key Market Trends

Telecom and Information Technology Expected to Grow Exponentially

Cloud intrusion protection systems are being increasingly adopted in the telecom industry, which serves every other industry in the market.
With advancements in technology and the increasing adoption of modern connectivity systems, the demand for communication services in industries, such as automotive, retail, energy and power, government services, IT sector, and other industries employing technology has seen incremental growth over the past decade.
The telecom industry now serves as a critical link for every industry to operate without interruptions. With the advent of cloud services, the dependence on communication is growing. The telecom and IT industries have merged to provide better operations.
The IT industry nowadays plays a major role. With industries moving toward cloud and automation, they are increasingly deploying IT systems to support operations and telecom industries to provide connectivity and communication services, to facilitate the working of the whole system.
As telecom and IT hold a major stake in cyber connectivity, the spending on cybersecurity of telecom and the IT industry would be high as compared to other industries. Moreover, with the rapid growth in technology in terms of IoT, 5G, and AI, it is essential to protect the data and prevent the data breaches across the network.

To understand key trends, Download Sample Report

North America is the Major Contributor to the Market Growth

The North American market has been the market of focus for cloud IPS software companies. The North American market is the highest contributor to cloud IPS software
The United States is a major contributor to the North American market, on account of the early adoption and major investments in cloud environment.
There are several reasons for the high contribution from this region, such as the presence of large enterprises, the growing frequency of cyber-attacks, and the increasing number of hosted servers.
Cloud services are in high demand and are experiencing high adoption with the rise in demand for IoT systems.
The governments in the North American countries have tightened the norms to provide better cloud security.

To understand geography trends, Download Sample Report.

Competitive Landscape

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.

April 2019 - Fortinet expanded its security fabric to advance the third generation of cybersecurity, making it a security driven network.
March 2019- Rockwell Automation, Panduit and Cisco, in a special collaboration with Tecnologico de Monterrey, EY and Unified announced the opening of their manufacturing advanced technology center (MATC) in Mexico City. The MATC shows how companies in the automotive, mining, food and beverage, and cementing industries can embrace the future by establishing their digital journey for transformation and navigating the new Industry 4.0 era.

Major Players

1. INTRODUCTION
1. 1.1 Study Deliverables
2. 1.2 Study Assumptions
3. 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
1. 4.1 Market Overview
2. 4.2 Introduction to Market Drivers and Restraints
3. 4.3 Market Drivers
  1. 4.3.1 Cyber Threats and Hacking Attempts
  2. 4.3.2 Increased IT Spending on Network Security
4. 4.4 Market Restraints
  1. 4.4.1 Detection of False Positives and False Negatives
  2. 4.4.2 Loss of Network Performance Due to Multiple Checks
5. 4.5 Opportunities in the Global Cloud Intrusion Protection Software Market
6. 4.6 Industry Value Chain Analysis
7. 4.7 Industry Attractiveness - Porter's Five Forces Analysis
  1. 4.7.1 Threat of New Entrants
  2. 4.7.2 Bargaining Power of Buyers/Consumers
  3. 4.7.3 Bargaining Power of Suppliers
  4. 4.7.4 Threat of Substitute Products
  5. 4.7.5 Intensity of Competitive Rivalry
8. 4.8 Technology Snapshot
5. MARKET SEGMENTATION
1. 5.1 By Service
  1. 5.1.1 Consulting
  2. 5.1.2 Managed Service
  3. 5.1.3 Design and Integration
  4. 5.1.4 Training and Education
2. 5.2 By Industry Vertical
  1. 5.2.1 Telecom and Information Technology
  2. 5.2.2 Banking and Financial Service
  3. 5.2.3 Oil and Gas
  4. 5.2.4 Manufacturing
  5. 5.2.5 Healthcare
  6. 5.2.6 Government
  7. 5.2.7 Travel and Transport
  8. 5.2.8 Retail
  9. 5.2.9 Entertainment and Media
  10. 5.2.10 Other Industry Verticals
3. 5.3 Geography
  1. 5.3.1 North America
  2. 5.3.2 Europe
  3. 5.3.3 Asia-Pacific
  4. 5.3.4 Latin America
  5. 5.3.5 Middle East & Africa
6. COMPETITIVE LANDSCAPE
1. 6.1 Company Profiles
  1. 6.1.1 Cisco Systems Inc.
  2. 6.1.2 IBM Corporation
  3. 6.1.3 Fortinet Inc.
  4. 6.1.4 Check Point Software Technologies Ltd
  5. 6.1.5 HP Inc.
  6. 6.1.6 McAfee Inc. (Intel Corporation)
  7. 6.1.7 Dell Inc.
  8. 6.1.8 Trustwave Corporation
  9. 6.1.9 AlienVault Inc. (AT&T Cybersecurity)
  10. 6.1.10 Broadcom Inc. (Symantec Corporation)
7. INVESTMENT ANALYSIS
8. MARKET OPPORTUNITIES AND FUTURE TRENDS