The Federal Information Security Modernization Act of 2014 was signed into federal law by President Barack Obama on December 18, 2014. Passed as a response to the increasing amount of cyber-attacks on the federal government. According to this “(A) is for purposes of safeguarding Federal information and information systems from a known or reasonably suspected information security threat, vulnerability, or risk (B) shall be in accordance with policies, principles, standards, and guidelines issued by the Director; and (C) may be revised or repealed by the Director if the direction issued on behalf of the Director is not in accordance with policies and principles developed by the Director.”
The article cited AMA's "Global Cloud IDS IPS Market Study" explored substantial growth in North America and CAGR of 24.85%. According to the report, Fueling Adoption of Multi-Cloud Strategy as well as Cloud-Based Security Solution
is one of the primary growth factors for the market. Rising Concern about Data Breaches and Attacks
is also expected to contribute significantly to the Cloud IDS IPS market. Overall, applications of Cloud IDS IPS, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Organization Size, such as Small and Medium-sized Enterprises, is boosting the Cloud IDS IPS market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Delivery Model, such as Public Cloud, is boosting the Cloud IDS IPS market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Industry Verticals, such as Banking, is boosting the Cloud IDS IPS market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Service, such as Training & Consulting, is boosting the Cloud IDS IPS market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Solution, such as Signature-Based, is boosting the Cloud IDS IPS market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Cloud IDS IPS market identified that the demand is rising in many different parts of the world as "Growing Demand for Securing IT Infrastructure
". Furthermore, some recent industry insights like "On 25th February 2018, TIM, the leading provider of mobile and fixed telecommunication services in Italy, in partnership with Cisco. This collaboration will offers “TIM Safe WEB", a highly secure platform service, integrated in the TIM network, able to protect small business users from malware, including ramsomware, phishing, and other malicious cybersecurity activities." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Cloud IDS IPS market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Cloud IDS IPS market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Cloud IDS IPS market size is calculated using market estimation process, the Cloud IDS IPS market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Cloud IDS IPS market size has been validated using both top-down and bottom-up approaches.