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North America Cyber Security Market Forecast 2023-2032

Publisher Inkwood Research
Published Oct 20, 2023
Length 158 Pages
SKU # INKR18304283

Description

North America Cyber Security Market Forecast 2023-2032


KEY FINDINGS

The North America cyber security market is projected to record a CAGR of 8.94% during the forecast period, 2023-2032. The cybersecurity market is experiencing growth due to the rising dependence on cloud-based services and solutions, which requires the advancement of secure cloud computing platforms and the provision of managed security services.

MARKET INSIGHTS

The United States and Canada are assessed for the North America cyber security market growth analysis. The utilization of cybersecurity in Canada exhibits a multifaceted nature, with a wide range of industries relying on its robust security measures. Several driving factors are fostering the adoption of cybersecurity in Canada. The rapid acceleration of digitization in various processes, along with the expansion of cloud computing, mobile technologies, and the Internet of Things, has expanded the potential attack surface for cybercriminals. Regulatory requirements, such as the Personal Information Protection and Electronic Documents Act (PIPEDA), necessitate adherence to cybersecurity standards, compelling organizations to invest in security measures. Furthermore, the evolving threat landscape, characterized by advanced nation-state actors, ransomware attacks, and data breaches, highlights the pressing need for strong security.

Prominent entities in the Canadian cybersecurity sector include companies like BlackBerry, CGI, and McAfee. BlackBerry, a Canadian multinational corporation, has shifted its focus from mobile devices to become a provider of cybersecurity solutions, offering advanced services for endpoint security and threat detection. CGI, a global firm specializing in IT and business consulting services, offers comprehensive cybersecurity solutions, encompassing threat intelligence and risk management. McAfee, a well-known cybersecurity company, offers a variety of security solutions, including antivirus and data protection, to safeguard digital assets.

COMPETITIVE INSIGHTS

Some of the leading firms in the market are Lockheed Martin Corporation, LogRhythm Inc, International Business Machines Corporation, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Table of Contents

158 Pages
1. Research Scope & Methodology
1.1. Study Objectives
1.2. Methodology
1.3. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
2.3. Scope Of Study
2.4. Crisis Scenario Analysis
2.4.1. Impact Of Covid-19 On Cyber Security Market
2.5. Major Market Findings
2.5.1. The Zero Trust Model, Which Assumes That Threats May Already Exist Inside The Network, Is Gaining Traction
2.5.2. Shift To Remote Work Has Increased The Attack Surface
2.5.3. Companies Specializing In Threat Detection, Incident Response, And Threat Intelligence Services Are Poised For Growth
2.5.4. Ai-driven Cybersecurity Solutions, Including Behavior Analytics And Threat Intelligence, Are Expanding
3. Market Dynamics
3.1. Key Drivers
3.1.1. Rising Frequency And Sophistication Of Cyberattacks
3.1.2. Compliance With Stringent Data Protection Regulations
3.1.3. Expanding Attack Surface Due To Ongoing Digital Transformation Across Various Industries
3.1.4. Geopolitical Tensions And State-sponsored Cyberattacks Underscore Cyber Security Efforts’ Importance
3.2. Key Restraints
3.2.1. Shortage Of Skilled Cyber Security Professionals
3.2.2. Small And Medium-sized Enterprises (Smes) And Public Institutions May Have Limited Budgets For Cyber Security Investments
3.2.3. Cyber Threats Are Constantly Evolving, With Attackers Developing New Tactics And Techniques
4. Key Analytics
4.1. Key Market Trends
4.1.1. Thriving Cyber Security Start-up Ecosystem With Cutting-edge Solutions
4.1.2. New Vulnerabilities Due To The Growing Internet Of Things (Iot)
4.1.3. Increasing Need For Cloud Security Solutions Due To Data And Application Migration To The Cloud
4.1.4. Rising Digital Payment Methods And Online Financial Services
4.2. Porter’s Five Forces Analysis
4.2.1. Buyers Power
4.2.2. Suppliers Power
4.2.3. Substitution
4.2.4. New Entrants
4.2.5. Industry Rivalry
4.3. Growth Prospect Mapping – United States
4.4. Market Maturity Analysis
4.5. Market Concentration Analysis
4.6. Value Chain Analysis
5. Market By Component
5.1. Hardware
5.2. Software
5.3. Service
5.3.1. Professional Services
5.3.2. Managed Services
6. Market By Solution
6.1. Unified Threat Management
6.2. Ids/Ips
6.3. Dlp
6.4. Iam
6.5. Siem
6.6. Ddos
6.7. Risk & Compliance
6.8. Other Solutions
7. Market By Security Type
7.1. Endpoint Security
7.2. Cloud Security
7.3. Network Security
7.4. Application Security
7.5. Infrastructure Protection
7.6. Data Security
7.7. Other Security Types
8. Market By Deployment
8.1. Cloud-based
8.2. On-premises
9. Market By Organization Size
9.1. Large Enterprises
9.2. Medium Enterprises
9.3. Small Enterprises
10. Market By Industry Vertical
10.1. It & Telecom
10.2. Retail
10.3. Bfsi
10.4. Healthcare
10.5. Government
10.6. Manufacturing
10.7. Energy
10.8. Defense
10.9. Other Industry Verticals
11. Geographical Analysis
11.1. North America
11.1.1. Market Size & Estimates
11.1.2. North America Cyber Security Market Drivers
11.1.3. North America Cyber Security Market Challenges
11.1.4. North America Cyber Security Market Regulatory Framework
11.1.5. Key Players In North America Cyber Security Market
11.1.6. Country Analysis
11.1.6.1. United States
11.1.6.1.1. United States Cyber Security Market Size & Opportunities
11.1.6.2. Canada
11.1.6.2.1. Canada Cyber Security Market Size & Opportunities
12. Competitive Landscape
12.1. Key Strategic Developments
12.1.1. Mergers & Acquisitions
12.1.2. Product Launches & Developments
12.1.3. Partnerships & Agreements
12.2. Company Profiles
12.2.1. Bae Systems Plc
12.2.1.1. Company Overview
12.2.1.2. Product List
12.2.1.3. Strengths & Challenges
12.2.2. Broadcom Inc
12.2.2.1. Company Overview
12.2.2.2. Product List
12.2.2.3. Strengths & Challenges
12.2.3. Check Point Software Technology Ltd
12.2.3.1. Company Overview
12.2.3.2. Product List
12.2.3.3. Strengths & Challenges
12.2.4. Cisco Systems Inc
12.2.4.1. Company Overview
12.2.4.2. Product List
12.2.4.3. Strengths & Challenges
12.2.5. Fortinet Inc
12.2.5.1. Company Overview
12.2.5.2. Product List
12.2.5.3. Strengths & Challenges
12.2.6. International Business Machines Corporation
12.2.6.1. Company Overview
12.2.6.2. Product List
12.2.6.3. Strengths & Challenges
12.2.7. Lockheed Martin Corporation
12.2.7.1. Company Overview
12.2.7.2. Product List
12.2.7.3. Strengths & Challenges
12.2.8. Logrhythm Inc
12.2.8.1. Company Overview
12.2.8.2. Product List
12.2.8.3. Strengths & Challenges
12.2.9. Mcafee Llc
12.2.9.1. Company Overview
12.2.9.2. Product List
12.2.9.3. Strengths & Challenges
12.2.10. Palo Alto Networks Inc
12.2.10.1. Company Overview
12.2.10.2. Product List
12.2.10.3. Strengths & Challenges
12.2.11. Proofpoint Inc
12.2.11.1. Company Overview
12.2.11.2. Product List
12.2.11.3. Strengths & Challenges
12.2.12. Sophos Technologies Pvt Ltd
12.2.12.1. Company Overview
12.2.12.2. Product List
12.2.12.3. Strengths & Challenges
12.2.13. Trellix
12.2.13.1. Company Overview
12.2.13.2. Product List
12.2.13.3. Strengths & Challenges
12.2.14. Trend Micro Inc
12.2.14.1. Company Overview
12.2.14.2. Product List
12.2.14.3. Strengths & Challenges

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