Market Forecast by Countries (United States, Canada), By Component (Software, Hardware, Services), By Software (IAM, Antivirus/Antimalware, Log Management and SIEM, Encryption and Tokenization, Compliance and Policy Management, Patch Management, Other Software), By Security Type (Network Security, Cloud Security, Application Security, Endpoint and IoT Security), By Deployment Mode (Cloud, On-premises), By Organization Size (Large Enterprises, SMEs), By Vertical (Aerospace and Defense, BFSI, IT and ITeS, Telecommunication, Energy and Utilities, Retail and eCommerce, Healthcare, Transportation and Logistics) And Competitive Landscape
Product Code: ETC4620660 | Publication Date: Jul 2023 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 29 | |
North America Cyber Security Market report thoroughly covers the market by countries, component, software, security type, deployment mode, organization size and vertical. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
North America cyber security market is expected to witness significant growth during the forecast period of 2025 to 2031. This growth can be attributed to various factors such as increasing cyber threats, rise in adoption of cloud computing and mobile devices, and the implementation of strict government regulations regarding data protection.
According to 6Wresearch, North America Cyber Security Market size is expected to grow at a significant CAGR of 10.5% during 2025-2031. One of the key drivers for this growth is the increase in use of cloud services and mobile devices in the region. With more businesses adopting these technologies, the need for reliable security measures to protect sensitive data has become even more crucial. Another factor contributing to the growth of the cyber security market in North America is the strict compliance regulations set by government bodies. Organizations are required to adhere to these regulations and maintain a certain level of security standards in order to avoid penalties and legal consequences.
However, despite the rapid growth of the market, there are still some challenges that need to be addressed. One major challenge is the shortage of skilled professionals in the field of cyber security. As new threats emerge and technology evolves, there is a constant need for well-trained experts to handle and combat these threats.
In this highly competitive market, there are several key players who dominate the industry. These include Cisco Systems Inc., IBM Corporation, Symantec Corporation, and McAfee LLC among others. These companies offer a wide range of products and services such as network security, endpoint security, cloud security, and identity and access management solutions to protect businesses and individuals from cyber threats.
Looking towards the future, advancements in technology such as artificial intelligence and Internet of Things (IoT) are expected to bring about new opportunities for growth in the North America cyber security market. These technologies offer innovative ways to detect, prevent, and respond to cyber threats in real-time. However, with these advancements also come new challenges and vulnerabilities that must be addressed.
According to Ravi Bhandari, Research Head, 6Wresearch, the United States holds the largest market share in the North America cyber security market. This can be attributed to its advanced technological infrastructure and high adoption of digital services by businesses and individuals. The US government has also taken significant measures to strengthen its cyber security defense capabilities, making it a major contributor to the growth of the market.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Cyber Security Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Cyber Security Market Revenues & Volume, 2021 & 2031F |
3.3 North America Cyber Security Market - Industry Life Cycle |
3.4 North America Cyber Security Market - Porter's Five Forces |
3.5 North America Cyber Security Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 North America Cyber Security Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 North America Cyber Security Market Revenues & Volume Share, By Software, 2021 & 2031F |
3.8 North America Cyber Security Market Revenues & Volume Share, By Security Type, 2021 & 2031F |
3.9 North America Cyber Security Market Revenues & Volume Share, By Deployment Mode, 2021 & 2031F |
3.10 North America Cyber Security Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
3.11 North America Cyber Security Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 North America Cyber Security Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Cyber Security Market Trends |
6 North America Cyber Security Market, 2021 - 2031 |
6.1 North America Cyber Security Market, Revenues & Volume, By Component, 2021 - 2031 |
6.2 North America Cyber Security Market, Revenues & Volume, By Software, 2021 - 2031 |
6.3 North America Cyber Security Market, Revenues & Volume, By Security Type, 2021 - 2031 |
6.4 North America Cyber Security Market, Revenues & Volume, By Deployment Mode, 2021 - 2031 |
6.5 North America Cyber Security Market, Revenues & Volume, By Organization Size, 2021 - 2031 |
6.6 North America Cyber Security Market, Revenues & Volume, By Vertical, 2021 - 2031 |
7 United States Cyber Security Market, 2021 - 2031 |
7.1 United States Cyber Security Market, Revenues & Volume, By Component, 2021 - 2031 |
7.2 United States Cyber Security Market, Revenues & Volume, By Software, 2021 - 2031 |
7.3 United States Cyber Security Market, Revenues & Volume, By Security Type, 2021 - 2031 |
7.4 United States Cyber Security Market, Revenues & Volume, By Deployment Mode, 2021 - 2031 |
7.5 United States Cyber Security Market, Revenues & Volume, By Organization Size, 2021 - 2031 |
7.6 United States Cyber Security Market, Revenues & Volume, By Vertical, 2021 - 2031 |
8 Canada Cyber Security Market, 2021 - 2031 |
8.1 Canada Cyber Security Market, Revenues & Volume, By Component, 2021 - 2031 |
8.2 Canada Cyber Security Market, Revenues & Volume, By Software, 2021 - 2031 |
8.3 Canada Cyber Security Market, Revenues & Volume, By Security Type, 2021 - 2031 |
8.4 Canada Cyber Security Market, Revenues & Volume, By Deployment Mode, 2021 - 2031 |
8.5 Canada Cyber Security Market, Revenues & Volume, By Organization Size, 2021 - 2031 |
8.6 Canada Cyber Security Market, Revenues & Volume, By Vertical, 2021 - 2031 |
9 North America Cyber Security Market Key Performance Indicators |
10 North America Cyber Security Market - Opportunity Assessment |
10.1 North America Cyber Security Market Opportunity Assessment, By Countries, 2021 & 2031F |
10.2 North America Cyber Security Market Opportunity Assessment, By Component, 2021 & 2031F |
10.3 North America Cyber Security Market Opportunity Assessment, By Software, 2021 & 2031F |
10.4 North America Cyber Security Market Opportunity Assessment, By Security Type, 2021 & 2031F |
10.5 North America Cyber Security Market Opportunity Assessment, By Deployment Mode, 2021 & 2031F |
10.6 North America Cyber Security Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
10.7 North America Cyber Security Market Opportunity Assessment, By Vertical, 2021 & 2031F |
11 North America Cyber Security Market - Competitive Landscape |
11.1 North America Cyber Security Market Revenue Share, By Companies, 2024 |
11.2 North America Cyber Security Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |