According to TechSci Research report, “Cloud Based IDS/IPS Market - Global Industry Size, Share, Trends, Opportunity, and Forecast 2019-2029”, the Global Cloud Based IDS/IPS Market is expected to register robust growth during the forecast period.

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The increasing frequency of cyber threats and attacks has prompted organizations to increase their investments in advanced security solutions such as cloud-based Intrusion Detection System (IDS) and Intrusion Prevention System (IPS). These solutions are essential for detecting and preventing unauthorized access, data breaches, and other cyber threats. As organizations worldwide continue to adopt cloud services, there is a rising demand for security solutions tailored specifically for cloud environments.

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on the "Global CloudBased IDS/IPS Market.”

Cloud-based IDS/IPS offers scalable and adaptable security measures that are well-suited for dynamic cloud infrastructures. This flexibility is crucial in the face of evolving cyber threats. Furthermore, stringent regulatory requirements and data protection laws mandate organizations to implement robust security measures. Cloud-based IDS/IPS solutions help organizations meet these compliance standards while safeguarding sensitive data.

One of the key advantages of cloud-based IDS/IPS systems is their utilization of collaborative threat intelligence. By tapping into a collective knowledge base, these systems can effectively identify and mitigate emerging threats in real-time. Additionally, integration capabilities with other security solutions and platforms enable a holistic cybersecurity approach. Cloud-based IDS/IPS solutions often integrate seamlessly with Security Information and Event Management (SIEM) systems and other security tools, enhancing overall threat detection and response capabilities.

Moreover, cloud-based security solutions offer cost-effective alternatives to traditional on-premises infrastructure. Organizations can scale their security resources according to demand, resulting in a more efficient use of resources and reduced operational costs.

In summary, the growing adoption of cloud services globally has fueled the need for security solutions specifically designed for cloud environments. Cloud-based IDS/IPS solutions provide scalable, flexible, and cost-effective security measures that are essential for protecting organizations against modern cyber threats in dynamic cloud infrastructures.

The country-specific section of the cloud Intrusion Detection System (IDS) and Intrusion Prevention System (IPS) market report also includes detailed analysis of factors influencing the market and regulatory changes that impact current and future trends domestically. Key data points such as consumption volumes, production sites and capacities, import-export analysis, price trends, raw material costs, and upstream-downstream value chain analysis are crucial indicators used to forecast market scenarios for individual countries.

Additionally, the report considers the presence and accessibility of global brands, along with challenges posed by competition from local brands, and the influence of domestic tariffs and trade routes. These factors collectively contribute to the comprehensive forecast analysis of country-specific data in the market report.

Key market players in the Global Cloud Based IDS/IPS Market are: -

  • Check Point Software Technologies
  • Trend Micro Inc.
  • NTT Communications
  • Lumen Technologies
  • Cisco Systems, Inc.
  • Fortinet Fedral Inc.
  • Intel Corporation
  • Hillstone Networks
  • Imperva, Inc.
  • Metaflows, Inc.

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“Cloud Intrusion Detection System / Intrusion Prevention System are methodology used to escalate the security level of networks, by reviewing and scanning packets for suspicious data and monitoring traffic. The Companies are adopting cloud IDS / IPS devices to monitor their system and user activities, analyse system vulnerabilities and configurations, and assess file and system track and integrity user policy violations.

These companies are spending in R&D to enhance the efficacy of these systems for transforming their businesses and mitigating cyber threats. Many financial institutions, government agencies, healthcare and IT & telecom are the major industries spending in the cloud IDS / IPS applications with the cybersecurity expenditure estimated to exceed USD 1 trillion during 2022-2029. Systems for detecting and preventing intrusions have been suggested as an effective way to safeguard the BFSI industry from cyberattacks and intrusions. In recent years, there has been a significant rise in the amount of malicious applications that target online banking transactions. A hacking attack on the Malta-based Bank of Valletta plc in 2020 forced the company to shut down all of its IT systems and led to the theft of USD 15.7 million from its reserves. Financial institutions intend to invest a lot in cyber security systems due to the rising frequency of electronic scams that target banks and harm their reputation. Financial institutions are under intense pressure to increase security, according to international cyber security company Kaspersky.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“Cloud Based IDS/IPS Market - Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented By Solution Type (Signature-based Detection, Anomaly-based Detection, and Others), By Service (Training and Consulting, Integration, and Support and Maintenance), By Deployment Model (Public Cloud, Private Cloud, and Hybrid Cloud), By Organization Size (Small and Medium-sized Enterprises, and Large Enterprises) By Region, and By Competition 2019-2029” has evaluated the future growth potential of Global Cloud Based IDS/IPS Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Cloud Based IDS/IPS Market.

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