ICT RESEARCH REPORTS Cloud-IDS-IPS-Market | Page 2

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.
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However, shortage of highly knowledgeable and skilled staff, and difficulties related to cloud IDS
IPS implementation on hybrid cloud systems may restraint the growth of global clod IDS IPS
market.
North America market accounted for the largest market share due to advanced internet
infrastructure and high inclination of consumers towards high performance technologies such as
cloud computing and cloud monitoring, has increased the vulnerability to security threats,
especially in the US. The malwares and other related software are usually distributed through
attachments or links through unauthorized emails, which cannot be detected by the conventional
security firewalls and antivirus applications. For instance, according to the Internet Crime
Complaint Center (IC3), in 2016, losses from cybercrimes accounted for over US$ 1.33 billion
globally, from which, California recorded the highest loss of over US$ 255 million. Additionally, in
2016, around 28% of web application attacks were recorded in the U.S., followed by the
Netherlands and Germany. Due to increasing number of cyber-attacks, the demand for threat
intelligence and web filtering solutions are expected augment in the near future. This in turn, is
expected to propel growth of the global cloud IDS IPS market.
Major players operating in the global cloud IDS IPS market include CA Technologies, Solarwinds,
Dynatrace, Idera, Sevone, Cloudyn, Zenoss, Datadog, Kaseya, Logicmonitor, and Opsview.
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