Cloud IDS IPS Market - Opportunity Analysis, 2018-2026

Cloud IDS (Intrusion Detection System) and IPS (Intrusion Prevention System) are methodology used to escalate the security level of networks, by scanning and reviewing packets for suspicious data and monitoring traffic.

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Growing probability of cyber-attacks, including ransomware, advanced persistent threats (APTs), distributed denial of service (DDoS), malicious insider, and zero day threats, is a major factor expected to drive growth of the global cloud IDS IPS market. Some of the worst incidents of ransomware attacks, which have resulted in high losses of revenue as of 2017, are the NotePetya, WannaCry, Locky, CrySis, and Nemucod. According to TechRepublic Cybersecurity Insider press release in October 2017, the outbreak of NotPetya cost the pharmaceutical company—Merck— over US$ 300 million in Q3 alone. This indicates the growing risk of cyber-attacks, which in turn, is expected to drive demand for cloud IDS IPS solutions for security purposes.

Additionally, increasing adoption of advanced solutions such as cloud operated robotic systems in the manufacturing sector, autonomous and connected automotive infrastructure, smart cities and smart healthcare infrastructures, has increased the adoption of internet connectivity and data communication. This in turn, increases risks of malware security threats, leading to substantial obstruction in the operation of these systems. Increasing security threats, is thus leading to an increasing demand for security solutions to address these issues and thwart any threats from ransomware attacks. This in turn, is expected to boost growth prospects of the market for cloud IDS IPS.

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

Cloud IDS IPS Market Taxonomy

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)

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