Cyber-attacks have become more targeted, persistent and technologically advanced and as a result, traditional techniques fall short of adequate data protection.
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The Global Cloud Intrusion Protection Software Market was estimated at USD 0.32 billion in 2016 and is expected to reach a value of USD 1.3 billion by 2022, at a CAGR of 26.32% during the forecast period, 2017-2022. Evolution of cyber environment and related technologies paved the way for new threats.
Online companies that rely on the internet as a vital source of information exchange, such as e-commerce companies like Amazon, are more vulnerable to cyber-attacks.
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Financial institutions, healthcare organizations, among other businesses, involving high financial gains, are also lucrative targets for hackers.
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Cyber threats and numerous hacker attacks and the current enormous investments in the IT sector on network security indicate a positive demand for the cloud intrusion protection software market. High-profile security breaches, along with the explosion of mobile technologies, have impelled the spending of IT companies in security.
Nearly 50% of the IT organizations have listed that intrusion prevention and access control are the top priority of their IT spending. Also, saving the company from hackers has been one of the major initiatives taken by the IT companies in the recent times.
Loss of network performance due to multiple checks and detection of false positives and false negatives by this software could cause possible loss of demand in the market.
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The global cloud intrusion protection software market is segmented by services (consulting, managed services, design & integration, training & education), industry vertical (telecom & IT, banking & financial service, oil & gas, manufacturing, healthcare, local/central government, travel & transport, retail, entertainment & media and others) and by region (North America, Europe, Asia-Pacific, Latin America, the Middle East & Africa). With cloud being one of the fastest-growing service channels, its focus is growing and thus driving the growth in the deployment of security systems.
Cloud intrusion protection systems are increasingly employed and serve as reliable and multiple-purpose tools to deal with security loop holes. Thus, the growing concern in the industry is driving the growth of the cloud intrusion protection software in this industry.
This report describes a detailed study of Porter's five forces analysis of the market. All the five major factors in this market have been quantified using the internal key parameters governing each of them.
It also covers the market landscape of top players, which includes key growth strategies, geographical footprint, and competition analysis.
The report also considers key trends that impact the industry and profiles of leading companies in market, which include -
- Cisco Systems
- IBM Corp.
- Fortinet Inc.
- Checkpoint Software Technologies
- HP Inc.
- Mc Afee Inc.
- Dell Inc.
- Correro Group
- Trustwave Corp
- Alienvault Inc.
- Extreme Networks Inc.
- Juniper Networks Inc.
- Sysmatec Corporation
- Stnesoft Ltd.
Key Deliverables in the Study
- Market definition for cloud intrusion protection software, along with identification of key drivers and restraints for the market.
- Market analysis for the global cloud intrusion protection software market, with region-specific assessments and competition analysis on a global and regional scale.
- Identification of factors instrumental in changing the market scenario, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale.
- Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares.
- Identification and analysis of the macro and micro factors that affect the cloud intrusion protection software market on both, global and regional scales.
- 6. A comprehensive list of key market players, along with the analysis of their current strategic interests and key financial information.
Table of Contents
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Market Definition
1.4 Key Finding of Study
- Research Methodology
- Executive Summary
- Market Dynamics
4.1 Market Overview
4.2 Market Drivers
4.2.1 Cyber threats and hacking attempts
4.2.2 Increased IT spending on Network Security
4.3 Market Restraints
4.3.1 Detection of false positives and false negatives
4.3.2 Loss of network performance due to multiple checks
- Technology Overview
- Global Cloud Intrusion Protection Software Market Segmentation
6.1 Segmented by Services
6.1.2 Managed Services
6.1.3 Design and Integration
6.1.4 Training and Education
6.2 Segmented by Industry Vertical
6.2.1 Telecom and Information Technology
6.2.2 Banking and Financial Service
6.2.3 Oil and Gas
6.2.6 Local/Central Government
6.2.7 Travel and Transport
6.2.9 Entertainment and Media
6.3 Segmented by Region
6.3.1 North America
6.3.3 Asia Pacific
6.3.4 Latin America
6.3.5 Middle East and Africa
- Competitive Intelligence – Key Vendor Profiles
7.1 Cisco Systems, Inc.
7.2 IBM Corp
7.3 Fortinet, Inc.
7.4 Checkpoint Software Technologies
7.5 HP Inc.
7.6 McAfee Inc
7.7 Dell Inc.
- Investment Outlook
- Future of Global Cloud Intrusion Protection Software Market
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