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(Hosting-NewsWire.com, February 20, 2018 ) The Global Cloud IDS IPS Market was valued at USD 510.31 million in 2016 and is projected to reach USD 3591.23 million by 2025, growing at a CAGR of 24.21% from 2017 to 2025.
Cloud based IDS IPS systems offer additional layer of protection to the enterprise IT assets by monitoring and analyzing network traffic flows to detect suspicious activities based on pre-defined signatures or based on the malicious behavior or anomalies. These solutions are witnessing a rise in demand as they are finding utility in cloud security from industries such as Banking, Financial Services, and Insurance (BFSI), IT and telecom, retail and others.
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Some of the prominent players in the global market for Cloud IDS IPS are 1. NTT Communications 2. Cisco Systems 3. Fortinet 4. Centurylink 5. Hillstone Networks 6. Alert Logic 7. Check Point Software Technologies 8. Trend Micro 9. Intel 10. Imperva 11. Metaflows
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Market Dynamics: 1. Market Drivers 1.1 High adoption of cloud-based security solutions 1.2 Increasing demand for securing IT infrastructure 1.3 Rising adoption of multi-cloud strategy 1.4 Rising threat from attacks and data breaches 1.5 Data storage compliance requirements 2. Market Restraints 2.1 Complexity in providing hybrid cloud security 2.2 Lack of technical expertise
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Market Segmentation: The Global Cloud IDS IPS Market is segmented on the basis of organization size, component, deployment model, and vertical.
1. Organization Size: 1.1 Large Enterprises 1.2 Small and Medium Organizations
2. By Component: 2.1 Services 2.1.1 Integration 2.1.2 Support and Maintenance 2.1.3 Training and Consulting 2.2 Solution 2.2.1 Anomaly-based detection 2.2.2 Signature-based detection 2.2.3 Others
3. By Deployment Model: 3.1 Public Cloud 3.2 Private Cloud 3.3 Hybrid Cloud
4. By Vertical: 4.1 Manufacturing 4.2 Healthcare 4.3 Government and Defense 4.4 Education 4.5 Energy and utilities 4.6 BFSI 4.7 IT and Telecom 4.8 Retail 4.9 Others
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Source: EmailWire.Com
Source: EmailWire.com
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