North America Cyber Security Market

North America Cyber Security Market by Deployments (On-cloud and On-premise), Product Types (Solutions [Next Generation Firewall, Security & Vulnerability Management, DDOS Mitigation, IDS/IPS, Security Information & Event Management, Identity & Access Management, Threat Detection & Prevention (Unified Threat Management & Threat Mitigation), and Others], and Services), End-user Industries (Aerospace, Defense & Intelligence, BFSI, Healthcare, Manufacturing, Retail, Public Utility, and IT and Telecommunication), and Geography (The US and Canada) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028.

  • Report ID: ICT-SE-2596
  • Author: Growth Market Reports
  • Rating: 4.9
  • Total Reviews: 2
  • No. Of Pages: 217
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  • Pub. Date: Upcoming
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The North America cyber security market size is anticipated to expand at a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the increasing use of cybersecurity solutions and rising penetration of the Internet.

North America Cyber Security Market

Cybersecurity includes the protection of web servers against information exchange, theft or harm to the software program or electronic information, hardware, as well as disturbance or diversion of the services. Rising reliance on the Internet, computer systems, and wireless networks such as Bluetooth and Wi-Fi and expansion of smart devices such as mobile phones, televisions, and Internet of Things (IoT) devices are positively influencing the market growth.

Market Trends, Drivers, Restraints and Opportunities

  • Increasing supply chain-based threats is expected to drive the market during the projected period.
  • The development of digitalization technologies and severe data protection rules for the IT industry are estimated to drive market expansion.
  • The government's increased focus on cybersecurity to prevent cyber terrorism threats is expected to significantly influence the market growth.
  • Increasing quantity of illegal and accessible cybersecurity solutions is hindering the market.
  • Ongoing technological advancements in machine learning (MI), artificial intelligence (AI), and blockchain for cyber protection are anticipated to create lucrative opportunities during the forecast period.

Scope of the Report

The report on the North America cyber security market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Cyber Security Market - North America Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Deployments (On-cloud and On-premise), Product Type (Solutions [Next Generation Firewall, Security & Vulnerability Management, DDOS Mitigation, IDS/IPS, Security Information & Event Management, Identity & Access Management, Threat Detection & Prevention (Unified Threat Management & Threat Mitigation), and Others]?, and  Services),  End-user Industry (Aerospace, Defense & Intelligence, Banking, Financial Services & Insurance, Healthcare, Manufacturing, Retail, Public Utility, and IT and Telecommunication)

Geographical Scope

The US and Canada

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report


Dell Technologies Inc.; FireEye Inc.; Cisco Systems Inc.; IBM Corporation, and Fortinet Inc.

North America Cyber Security Market Segment Insights

On-cloud segment is expected to grow at a rapid pace

Based on deployments, market is divided into on-cloud, on-premise. The on-cloud segment is expected to grow at a rapid pace during the forecast period due to rising trend of work from home and growing awareness about the benefits of cloud computing. Moreover, rising penetration of cloud-based solutions is fueling the segment growth.

North America Cyber Security Market

Threat detection & prevention segment is projected to expand at a considerable CAGR

On the basis of product types, the North America cyber security market is segregated into solutions and services.  The solutions segment is classified as next generation firewall, security & vulnerability management, DDOS mitigation, IDS/IPS, security information & event management, identity & access management, threat detection & prevention (unified threat management and threat mitigation), and others.  The threat detection & prevention segment is projected to expand at a considerable CAGR during the forecast period. Government state bodies are progressively enforcing critical infrastructure protection through rules, fines, or penalties.

North America Cyber Security Market

IT and telecommunication segment predicted to account for a significant market share

Based on end-user industry, the market is divided into aerospace, defense & intelligence, banking, financial services & insurance, healthcare, manufacturing, retail, public utility, IT and telecommunication. The IT and telecommunication segment is estimated to account for a significant market share during the forecast period. Rising cyberattacks and stringent governmental rules & regulations are driving the requirement for security systems.

Canada is anticipated to exhibit a substantial CAGR

In terms of regions, the North America cyber security market is bifurcated into the US and Canada. Canada is anticipated to expand at a substantial CAGR during the projected period. The Government of Canada is launching operations to identify and resolve cyber threats to essential commercial installations in partnership with the country’s military and the North American Aerospace Defense Command.

North America Cyber Security Market

Segments

Segments Covered in the Report

The north America cyber market has been segmented on the basis of

Deployments

  • On-cloud
  • On-premise

Product Type

  • Solutions
    • Next Generation Firewall
    • Security & Vulnerability Management
    • DDOS Mitigation
    • IDS/IPS
    • Security Information & Event Management
    • Identity & Access Management
    • Threat Detection & Prevention (Unified Threat Management & Threat Mitigation)
    • Others
  • Services

End-user Industries

  • Aerospace
  • Defense & Intelligence
  • Banking
  • Financial Services & Insurance
  • Healthcare
  • Manufacturing
  • Retail
  • Public Utility
  • IT and Telecommunication
  • Others

Geography

  • The US
  • Canada

Key players

  • Fortinet Inc.
  • Cisco Systems Inc
  • FireEye Inc.
  • IBM Corporation
  • Dell Technologies Inc.

Competitive Landscape

The key players competing in the north America cyber market are Dell Technologies Inc.; FireEye Inc.; Cisco Systems Inc.; IBM Corporation, and Fortinet Inc.
 
Companies are engaging in partnerships, acquisitions, and mergers to expand their market share.

North America Cyber Security Market

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cyber Security Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Cyber Security Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Cyber Security Market - Supply Chain
  4.5. Global Cyber Security Market Forecast
     4.5.1. Cyber Security Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Cyber Security Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Cyber Security Market Absolute $ Opportunity
5. Global Cyber Security Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Cyber Security Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Cyber Security Demand Share Forecast, 2019-2026
6. North America Cyber Security Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Cyber Security Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Cyber Security Demand Share Forecast, 2019-2026
7. Latin America Cyber Security Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Cyber Security Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Cyber Security Demand Share Forecast, 2019-2026
8. Europe Cyber Security Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Cyber Security Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Cyber Security Demand Share Forecast, 2019-2026
9. Asia Pacific Cyber Security Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Cyber Security Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Cyber Security Demand Share Forecast, 2019-2026
10. Middle East & Africa Cyber Security Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Cyber Security Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Cyber Security Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Cyber Security Market: Market Share Analysis
  11.2. Cyber Security Distributors and Customers
  11.3. Cyber Security Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)

Segments Covered in the Report

The north America cyber market has been segmented on the basis of

Deployments

  • On-cloud
  • On-premise

Product Type

  • Solutions
    • Next Generation Firewall
    • Security & Vulnerability Management
    • DDOS Mitigation
    • IDS/IPS
    • Security Information & Event Management
    • Identity & Access Management
    • Threat Detection & Prevention (Unified Threat Management & Threat Mitigation)
    • Others
  • Services

End-user Industries

  • Aerospace
  • Defense & Intelligence
  • Banking
  • Financial Services & Insurance
  • Healthcare
  • Manufacturing
  • Retail
  • Public Utility
  • IT and Telecommunication
  • Others

Geography

  • The US
  • Canada

Key players

  • Fortinet Inc.
  • Cisco Systems Inc
  • FireEye Inc.
  • IBM Corporation
  • Dell Technologies Inc.

The key players competing in the north America cyber market are Dell Technologies Inc.; FireEye Inc.; Cisco Systems Inc.; IBM Corporation, and Fortinet Inc.
 
Companies are engaging in partnerships, acquisitions, and mergers to expand their market share.

North America Cyber Security Market

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