Albany, NY -- (SBWIRE) -- 11/05/2018 -- Cloud-based Intrusion Detection System (IDS) and Intrusion Prevention System (IPS) are multi-layered defense systems used to secure the cloud environment in order to identify or prevent cyber-attacks. IDS and IPS are the critical security components which offer protection against known and unknown vulnerabilities. IPS contains IDS functionality; however, companies are often focused on delivering prevention and reduction of malicious activities through a solitary solution. Thus, both the systems are utilized in a single system. Among these systems, IPS is a security control module which checks data traffic for vulnerabilities and eliminates the threats, whereas IDS is a visibility module which helps to administrate and allows data traffic to reach the application. In cloud-based IDS and IPS, various security policies are implemented on virtual machines or host servers in order to identify any suspicious activity or vulnerability. In addition, these systems are widely deployed to block network attacks and unauthorized network access. Several companies are emphasizing on delivering cloud-based IDS IPS services to enterprise IT environments efficiently and cost effectively to reduce the security burden on their internal IT team. Similarly, companies are often providing IDS and IPS through local cloud centers with extended features such as customer portals and predictive analytics. Cloud-based IDS IPS finds applications across disruption prevention, building defensive and compliance strategies, and scanning of daily traffic throughout the network.

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Rising demand for effective and efficient solutions or systems to identify and prevent cyber-attacks, vulnerabilities, and reduction of malicious activities across the cloud environment is primarily driving the cloud-based IDS IPS market. In addition, large enterprises and small & medium enterprises (SME's) are emphasizing on reducing costs and complexity of security applications, and regulating risk management across their cloud environment. This is likely to supplement the growth of the cloud-based IDS IPS market. Furthermore, companies are more inclined toward immediate identification and removal of threats in order to prevent any damage to their applications which is expected to contribute to the progression of cloud-based IDS IPS solutions. Rapid technological developments in the cloud platform and advanced features such as threat intelligence, automated incident reports, real time altering, log management, and integration capabilities offered in IDS and IPS solutions by vendors is expected to increase the demand for these solutions. However, the dynamic nature of cloud and virtual environments is one of the major barriers for cloud-based IDS IPS solutions. In addition, high level of technical knowledge and skilled workforce required to handle and maintain IDS and IPS is limiting the growth of IDS and IPS solutions. However, increasing demand for better security of IT infrastructure and applications is expected to present strong opportunities for the cloud IDS IPS market. Similarly, rising penetration and adoption of cloud technologies across the world especially in Asia Pacific and Middle East & Africa (MEA) is projected to offer lucrative opportunities for cloud-based IDS IPS markets in the near future.

The cloud-based IDS IPS market is segmented by component, deployment type, enterprise size, and end-use industry. By component, the market is segmented into solution and services. Among these, cloud-based IDS IPS by solution is further segmented into anomaly-based detection and signature-based detection. In terms of services, the market is bifurcated into professional services, managed services, and supporting & consulting services. Based on deployment type, the market is categorized into public cloud, private cloud, and hybrid cloud. On the basis of enterprise size, the market is categorized by large enterprises and SME's. By end-use industry, cloud-based IDS IPS market is segmented into banking, financial service and insurance (BFSI), information technology (IT) and telecom, retail, education, healthcare, government, energy & utilities and others such as manufacturing, logistics etc.

Some of the key players in the global cloud-based IDS IPS market are Amazon.com, Inc., McAfee, LLC, CenturyLink Cloud, SecureWorks, Inc. (Dell Technologies), Sophos Ltd., Virtela Technology Services Inc.; AlienVault, Inc.; Cisco Systems, Inc., Intel Corporation, Trend Micro Inc. MetaFlows Inc. and Alert Logic, Inc.

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Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
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