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North America Network Encryption Market Size, Share & Industry Analysis Report By Organization Size (Large Enterprise, and Small & Medium Enterprise (SME)), By Component (Hardware, and Solutions & Services), By Deployment Mode (On-premises, and Cloud), By

Publisher Knowledge Based Value (KBV) Research
Published Jun 20, 2025
Length 169 Pages
SKU # KBV20173006

Description

The North America Network Encryption Market would witness market growth of 7.5% CAGR during the forecast period (2025-2032).

The US market dominated the North America Network Encryption Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $2,822.2 million by 2032. The Canada market is experiencing a CAGR of 9.6% during (2025 - 2032). Additionally, The Mexico market would exhibit a CAGR of 9.2% during (2025 - 2032).

The adoption of network encryption has seen a remarkable surge due to several converging factors. Chief among them is the growing frequency and sophistication of cyberattacks. Data breaches now occur across all sectors, from retail and media to critical infrastructure, leading to severe financial and reputational damages. In response, organizations have adopted network encryption as a mandatory layer of security in their defense-in-depth strategies.

Cloud adoption has also played a pivotal role. Enterprises migrating to cloud platforms like AWS, Azure, and Google Cloud need to ensure that data remains secure while moving between the user and the cloud, between services within the cloud, and between multiple clouds (multi-cloud setups). Encryption tools—both built-in and third-party—have become standard components in these environments. Additionally, Software-Defined Networking (SDN) and Network Function Virtualization (NFV) have made encryption integration more dynamic, scalable, and cost-efficient.

The North American network encryption market has evolved from its roots in government and defense communications to become a cornerstone of enterprise and public-sector cybersecurity. In the early 2000s, the focus was predominantly on protecting classified government data and mission-critical communications for defense and intelligence agencies. This laid the groundwork for standardized encryption practices, many of which were established by federal institutions and eventually adopted by private organizations. As digital transformation accelerated, industries such as finance, healthcare, and telecommunications began integrating network encryption into their infrastructure to comply with regulations and protect sensitive data from growing cyber threats.

Based on Organization Size, the market is segmented into Large Enterprise, and Small & Medium Enterprise (SME). Based on Component, the market is segmented into Hardware, and Solutions & Services. Based on Deployment Mode, the market is segmented into On-premises, and Cloud. Based on End-user Industry, the market is segmented into Telecom & IT, BFSI, Government, Media & Entertainment, and Other End-user Industry. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled
  • Palo Alto Networks, Inc.
  • Fortinet, Inc.
  • McAfee Corp.
  • CrowdStrike Holdings, Inc.
  • Cisco Systems, Inc.
  • IBM Corporation
  • Check Point Software Technologies Ltd.
  • Rapid7, Inc.
  • Broadcom, Inc. (Symantec Corporation)
  • Kaspersky Lab
North America Network Encryption Market Report Segmentation

By Organization Size
  • Large Enterprise
  • Small & Medium Enterprise (SME)
By Component
  • Hardware
  • Solutions & Services
By Deployment Mode
  • On-premises
  • Cloud
By End-user Industry
  • Telecom & IT
  • BFSI
  • Government
  • Media & Entertainment
  • Other End-user Industry
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

169 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Network Encryption Market, by Organization Size
1.4.2 North America Network Encryption Market, by Component
1.4.3 North America Network Encryption Market, by Deployment Mode
1.4.4 North America Network Encryption Market, by End-user Industry
1.4.5 North America Network Encryption Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.3 Market Share Analysis, 2024
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2021-2025)
4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2021, Nov – 2025, May) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. Value Chain Analysis of Network Encryption Market
5.1 Research & Development (R&D)
5.2 Component & Technology Sourcing
5.3 Product Manufacturing & Software Development
5.4 Integration & Testing
5.5 Customization & Configuration
5.6 Distribution & Channel Management
5.7 Marketing & Sales
5.8 Implementation & Deployment
5.9 Customer Support & Maintenance
5.10. Feedback & Upgrades
Chapter 6. Key Costumer Criteria of Network Encryption Market
Chapter 7. North America Network Encryption Market by Organization Size
7.1 North America Large Enterprise Market by Region
7.2 North America Small & Medium Enterprise (SME) Market by Region
Chapter 8. North America Network Encryption Market by Component
8.1 North America Hardware Market by Country
8.2 North America Solutions & Services Market by Country
Chapter 9. North America Network Encryption Market by Deployment Mode
9.1 North America On-premises Market by Country
9.2 North America Cloud Market by Country
Chapter 10. North America Network Encryption Market by End-user Industry
10.1 North America Telecom & IT Market by Country
10.2 North America BFSI Market by Country
10.3 North America Government Market by Country
10.4 North America Media & Entertainment Market by Country
10.5 North America Other End-user Industry Market by Country
Chapter 11. North America Network Encryption Market by Country
11.1 US Network Encryption Market
11.1.1 US Network Encryption Market by Organization Size
11.1.2 US Network Encryption Market by Component
11.1.3 US Network Encryption Market by Deployment Mode
11.1.4 US Network Encryption Market by End-user Industry
11.2 Canada Network Encryption Market
11.2.1 Canada Network Encryption Market by Organization Size
11.2.2 Canada Network Encryption Market by Component
11.2.3 Canada Network Encryption Market by Deployment Mode
11.2.4 Canada Network Encryption Market by End-user Industry
11.3 Mexico Network Encryption Market
11.3.1 Mexico Network Encryption Market by Organization Size
11.3.2 Mexico Network Encryption Market by Component
11.3.3 Mexico Network Encryption Market by Deployment Mode
11.3.4 Mexico Network Encryption Market by End-user Industry
11.4 Rest of North America Network Encryption Market
11.4.1 Rest of North America Network Encryption Market by Organization Size
11.4.2 Rest of North America Network Encryption Market by Component
11.4.3 Rest of North America Network Encryption Market by Deployment Mode
11.4.4 Rest of North America Network Encryption Market by End-user Industry
Chapter 12. Company Profiles
12.1 Palo Alto Networks, Inc.
12.1.1 Company Overview
12.1.2 Financial Analysis
12.1.3 Regional Analysis
12.1.4 Research & Development Expense
12.1.5 Recent strategies and developments:
12.1.5.1 Partnerships, Collaborations, and Agreements:
12.1.6 SWOT Analysis
12.2 Fortinet, Inc.
12.2.1 Company Overview
12.2.2 Financial Analysis
12.2.3 Regional Analysis
12.2.4 Research & Development Expenses
12.2.5 Recent strategies and developments:
12.2.5.1 Partnerships, Collaborations, and Agreements:
12.2.5.2 Product Launches and Product Expansions:
12.3 McAfee Corp.
12.3.1 Company Overview
12.3.2 SWOT Analysis
12.4 Crowdstrike Holdings, Inc.
12.4.1 Company Overview
12.4.2 Financial Analysis
12.4.3 Regional Analysis
12.4.4 Research & Development Expenses
12.4.5 Recent strategies and developments:
12.4.5.1 Partnerships, Collaborations, and Agreements:
12.4.5.2 Product Launches and Product Expansions:
12.5 Cisco Systems, Inc.
12.5.1 Company Overview
12.5.2 Financial Analysis
12.5.3 Regional Analysis
12.5.4 Research & Development Expense
12.5.5 Recent strategies and developments:
12.5.5.1 Partnerships, Collaborations, and Agreements:
12.5.5.2 Product Launches and Product Expansions:
12.5.6 SWOT Analysis
12.6 IBM Corporation
12.6.1 Company Overview
12.6.2 Financial Analysis
12.6.3 Regional & Segmental Analysis
12.6.4 Research & Development Expenses
12.6.5 Recent strategies and developments:
12.6.5.1 Partnerships, Collaborations, and Agreements:
12.6.6 SWOT Analysis
12.7 Check Point Software Technologies Ltd.
12.7.1 Company Overview
12.7.2 Financial Analysis
12.7.3 Regional Analysis
12.7.4 Research & Development Expenses
12.7.5 Recent strategies and developments:
12.7.5.1 Product Launches and Product Expansions:
12.7.6 SWOT Analysis
12.8 Rapid7, Inc.
12.8.1 Company Overview
12.8.2 Financial Analysis
12.8.3 Regional Analysis
12.8.4 Research & Development Expenses
12.8.5 SWOT Analysis
12.9 Broadcom, Inc. (Symantec Corporation)
12.9.1 Company Overview
12.9.2 Financial Analysis
12.9.3 Segmental and Regional Analysis
12.9.4 Research & Development Expense
12.9.5 SWOT Analysis
12.10. Kaspersky Lab
12.10.1 Company Overview

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