Global Cloud IDS IPS Market Growth (Status and Outlook) 2023-2029

Global Cloud IDS IPS Market Growth (Status and Outlook) 2023-2029

Product Code:518667

Published Date: Sep 04,2023

Pages: 102

Region: Global

Category: Service & Software

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According to our (LP Info Research) latest study, the global Cloud IDS IPS market size was valued at US$ 641 million in 2022. With growing demand in downstream market and recovery from influence of COVID-19 and the Russia-Ukraine War,  the Cloud IDS IPS is forecast to a readjusted size of US$ 1563.7 million by 2029 with a CAGR of 13.6% during review period. 
The research report highlights the growth potential of the global Cloud IDS IPS market. With recovery from influence of COVID-19 and the Russia-Ukraine War, Cloud IDS IPS are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Cloud IDS IPS. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Cloud IDS IPS market.

IDS (Intrusion Detection System) and IPS (Intrusion Prevention System) both increase the security level of networks, monitoring traffic and inspecting and scanning packets for suspicious data. Detection in both systems is mainly based on signatures already detected and recognized.

By solution type, the cloud IDS IPS market has been segmented into signature-based detection, anomaly-based detection, and Others 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. 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. 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.

Key Features:
The report on Cloud IDS IPS market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the Cloud IDS IPS market. It may include historical data, market segmentation by Type (e.g., Public Cloud, Private Cloud), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Cloud IDS IPS market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the Cloud IDS IPS market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the Cloud IDS IPS industry. This include advancements in Cloud IDS IPS technology, Cloud IDS IPS new entrants, Cloud IDS IPS new investment, and other innovations that are shaping the future of Cloud IDS IPS.

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Cloud IDS IPS market. It includes factors influencing customer ' purchasing decisions, preferences for Cloud IDS IPS product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Cloud IDS IPS market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Cloud IDS IPS market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Cloud IDS IPS market. 
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Cloud IDS IPS industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Cloud IDS IPS market.

Market Segmentation:
Cloud IDS IPS market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Segmentation by type
    Public Cloud
    Private Cloud
    Hybrid Cloud

Segmentation by application
    Small and Medium-sized Enterprises (SMEs)
    Large Enterprises

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Check Point Software Technologies
    NTT Communications
    Trend Micro
    Cisco Systems
    Intel
    Fortinet
    Imperva
    Centurylink
    Metaflows
    Hillstone Networks
    Alert Logic