Market Share of Cloud Intrusion Protection Software Industry
The market for cloud intrusion protection software has become highly fragmented due to the increasing number of cyber attacks. To retain their market share, many companies are upgrading their existing product portfolios while new players continue to explore the market and launch products tailored to their needs. Some of the key players in this dynamic market include Cisco Systems Inc., IBM Corporation, Fortinet Inc., Check Point Software Technologies Ltd, and Symantec Corporation.
In June 2023, Quanergy Solutions, Inc., a leading provider of 3D LiDAR solutions, formed a strategic partnership with Convergint, a prominent service-based systems integration company. This collaboration aims to deliver advanced perimeter intrusion detection capabilities for the utility sector.
In October 2022, Moxa introduced IDS/IPS functionality to its EDR-G9010 Series protected routers, along with the MXsecurity-developed security management software. This addition to their product portfolio enhances the purpose-built management and cybersecurity solutions, offering a secure router equipped with NAT, firewall, switch, and VPN functionality. The inclusion of IDS/IPS transforms the EDR-G9010 Series into a next-generation industrial firewall, bolstered with threat prevention and detection capabilities, providing added protection to critical infrastructure against cybersecurity threats.
In December 2022, Corelight unveiled significant software enhancements for its enhanced intrusion detection software (IDS) subscription. These enhancements allow security teams to seamlessly integrate security tools and increase their effectiveness. This is achieved by generating alerts combined with the necessary evidence to facilitate triage, validation, and remediation efforts. Furthermore, these improvements empower customers to replace legacy IDS solutions with Corelight's more advanced offerings.
Cloud Intrusion Protection Software Market Leaders
Cisco Systems Inc.
IBM Corporation
Fortinet Inc.
Check Point Software Technologies Ltd
McAfee Inc. (Intel Corporation)
*Disclaimer: Major Players sorted in no particular order
