DUBLIN--(BUSINESS WIRE)--Aug 2, 2018--The "Global Cloud Intrusion Protection Software Market - Segmented by Service, Industry Vertical, and Region - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The global cloud intrusion protection software market was valued at USD 0.40 billion in 2017 and is expected to reach a value of USD 1.5 billion by 2023 at a CAGR of 24.65% over the forecast period of 2018-2023.

The increasing number of cyber threats and hacking attempts are driving companies and individual users to use cloud intrusion protection software. In addition, considering the increasing number of intrusion incidents in business networks, there has been an increased IT spending on network security. The complexity of cyber threats and hacking attempts are playing a major role in shaping the future of the intrusion detection and prevention systems security market.

Cloud intrusion protection systems are seeing growing adoption in the telecom industry, which serves every other industry in the market. With advancements in technology and increasing adoption of modern connectivity systems, the demand for communication services in industries, such as automotive, retail, energy & power, government services, IT sector and other industries employing technology, has seen an incremental growth over the past decade.

The North American market has been the market of focus for cloud IPS software companies. The North American market is the highest contributor to cloud IPS software, followed by Europe and Asia-Pacific. The United States is a major contributor to the North American market, on account of early adoption and major investments in cloud environment.

Companies Mentioned

AlienVault Inc. Check Point Software Technologies Ltd Cisco Systems Inc. Correro Group Dell Inc. Extreme Networks Inc. Fortinet Inc. HP Inc. IBM Corporation Juniper Networks Inc. McAfee Inc. Stonesoft Ltd Symantec Corporation Trustwave Corporation

Key Topics Covered:

1. Introduction

2. Research Approach and Methodology

3. Executive Summary

4. Market Insights

5. Market Dynamics

6. Technology Snapshot

7. Market Segmentation

8. Competitive Intelligence - Company Profiles

9. Investment Analysis

10. Future of the Market

For more information about this report visit https://www.researchandmarkets.com/research/zdxj9r/global_cloud?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180802005489/en/

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Related Topics:Cloud Computing and Storage

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT SOFTWARE SECURITY

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 08/02/2018 09:41 AM/DISC: 08/02/2018 09:40 AM

http://www.businesswire.com/news/home/20180802005489/en