NORTH AMERICA CYBER SECURITY MARKET 2019-2028

ICT | Security

NORTH AMERICA CYBER SECURITY MARKET 2019-2028

Market By Components, Deployment, Organization Size, Application, Industrial Verticals And Geography | Forecast 2019-2028

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According to an analysis by Triton Market Research, the cyber security market in North America is likely to augment at a CAGR of 9.77% over the forthcoming period between 2019 and 2028.



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The countries evaluated in the North American cyber security market are:

           Canada

           The United States

As per the cyber security standard, the US government has mandated the adoption of version 5 of the NERC CIP (North American Electric Reliability Corporation Critical Infrastructure Protection) in the utility industry for securing data. The United States is witnessing a rising number of connected devices, which is consequently creating potential vulnerabilities for cyber attackers. Besides, cybercriminals are increasingly targeting IoT (Internet of Things), thus exposing the much vulnerable platforms. IoT devices are attacked by Distributed Denial of Service (DDoS) and turn them into IoT botnets. For example, the Mirai botnet infected several IoT devices and thereby making them capable of a large-scale network attack. Also, the US has been reporting an alarming number of data breaches and exposed records in recent times. These factors are likely to push the demand for cyber security in the country in the coming years.

As per a recent study, Canada is among the top three countries with the most cyber incidents in the world. Cybercrime is increasingly gaining traction with a high impact at an alarming rate in the country. It is reported that 1 in 5 companies in Canada was attacked by cybercriminals in the year 2017. All these factors are indicating the growth of the studied market in Canada.

CyberArk Software Ltd is a leading company in the IT security sector, helping in protecting data, assets and infrastructure across the corporations. It is involved in the development and marketing of software-based security solutions used to prevent cyber attacks. It serves financial services, insurance, manufacturing, healthcare, transportation, technology, retail and telecommunications industries. The company is headquartered in Massachusetts, the US.

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Table of Content

1.    NORTH AMERICA CYBER SECURITY MARKET - SUMMARY 

2.    INDUSTRY OUTLOOK

2.1. MARKET DEFINITION      

2.2. KEY INSIGHTS      

2.2.1.   SERVICES SEGMENT IS THE FASTEST-GROWING COMPONENT        

2.2.2.   THE INFRASTRUCTURE SECURITY SEGMENT DOMINATES THE MARKET   

2.2.3.   THE HEALTHCARE APPLICATION IS ANTICIPATED TO REGISTER A HIGH GROWTH RATE         

2.3. PORTER’S FIVE FORCE ANALYSIS   

2.3.1.   THREAT OF NEW ENTRANTS   

2.3.2.   THREAT OF SUBSTITUTE           

2.3.3.   BARGAINING POWER OF SUPPLIERS

2.3.4.   BARGAINING POWER OF BUYERS     

2.3.5.   THREAT OF COMPETITIVE RIVALRY  

2.4. KEY IMPACT ANALYSIS 

2.5. MARKET ATTRACTIVENESS INDEX   

2.6. VALUE CHAIN ANALYSIS          

2.6.1.   DEVELOPING         

2.6.2.   DISTRIBUTORS     

2.6.3.   SERVICES  

2.6.4.   CUSTOMERS         

2.7. VENDOR SCORECARD 

2.8. MARKET DRIVERS          

2.8.1.   INCREASING VIRUS THREATS AMONG ORGANIZATIONS           

2.8.2.   SURGE IN DEMAND FOR CLOUD-BASED CYBER SECURITY SOLUTIONS     

2.8.3.   ADOPTION OF BYOD & IOT        

2.8.4.   RISE IN CYBER SECURITY INCIDENTS AND CYBER SECURITY REGULATIONS   

2.9. MARKET RESTRAINTS   

2.9.1.   COMPLEX DESIGNS OF DEVICE SECURITY

2.9.2.   LIMITED BUDGET AMONG SME ORGANIZATIONS 

2.9.3.   INSUFFICIENCY OF CYBER SECURITY PROFESSIONALS          

2.10.   MARKET OPPORTUNITIES         

2.10.1.  STURDY VALIDATION FUNCTIONALITY         

2.10.2.  RISE IN MOBILE DEVICE APPLICATIONS AND PLATFORMS       

2.10.3. UPGRADING TRADITIONAL ANTI-VIRUS SOFTWARES     

2.11.   MARKET CHALLENGES  

2.11.1. AVAILABILITY OF PIRATED VERSION OF SOFTWARES   

2.11.2.  AVOIDING SOFTWARE UPGRADES    

2.12. IMPACT OF COVID-19 ON CYBER SECURITY

2.13. TYPES OF CYBER SECURITY   

2.13.1.  NETWORK SECURITY     

2.13.2.  CLOUD SECURITY

2.13.3.  APPLICATION SECURITY

2.13.4.   END-POINT SECURITY    

2.13.5.   WIRELESS NETWORK SECURITY       

2.13.6.  DATABASE SECURITY & WEB APPLICATION SECURITY 

3.    NORTH AMERICA CYBER SECURITY MARKET OUTLOOK - BY COMPONENTS  

3.1. SOLUTION  

3.2. SERVICE    

4.    NORTH AMERICA CYBER SECURITY MARKET OUTLOOK - BY DEPLOYMENT   

4.1. CLOUD        

4.2. ON-PREMISES      

5.    NORTH AMERICA CYBER SECURITY MARKET OUTLOOK - BY ORGANIZATION SIZE  

5.1. LARGE ORGANIZATIONS          

5.2. SME’S         

6.    NORTH AMERICA CYBER SECURITY MARKET OUTLOOK - BY APPLICATION    

6.1. IDENTITY AND ACCESS MANAGEMENT (IAM)        

6.2. INFRASTRUCTURE SECURITY

6.3. GOVERNANCE, RISK AND COMPLIANCE    

6.4. UNIFIED VULNERABILITY MANAGEMENT SERVICE OFFERING

6.5. DATA SECURITY & PRIVACY SERVICE OFFERING           

6.6. OTHERS     

7.    NORTH AMERICA CYBER SECURITY MARKET OUTLOOK - BY INDUSTRIAL VERTICALS     

7.1. AEROSPACE & DEFENSE         

7.2. BFSI 

7.3. HEALTHCARE      

7.4. PUBLIC SECTOR  

7.5. RETAIL        

7.6. IT & TELECOMMUNICATION     

7.7. ENERGY & UTILITIES      

7.8. MANUFACTURING          

7.9. OTHERS     

8.    NORTH AMERICA CYBER SECURITY MARKET – REGIONAL OUTLOOK                

8.1. UNITED STATES  

8.2. CANADA                 

9.    COMPETITIVE LANDSCAPE

9.1. AVG TECHNOLOGIES  (ACQUIRED BY AVAST SOFTWARE SRO)        

9.2. CHECK POINT SOFTWARE TECHNOLOGIES LTD

9.3. CISCO SYSTEMS INC     

9.4. CYBER ARK SOFTWARE LTD  

9.5. DELL TECHNOLOGIES INC       

9.6. FIREEYE INC         

9.7. FORTINET INC

9.8. INTERNATIONAL BUSINESS MACHINES CORPORATION

9.9. IMPERVA    

9.10. INTEL SECURITY (INTEL CORPORATION)     

9.11.  PALO ALTO NETWORKS INC

9.12.  PROOFPOINT INC 

9.13. RAPID7

9.14. SYMANTEC CORPORATION (BROADCOM INC)       

9.15.  TREND MICRO INCORPORATED         

10. METHODOLOGY & SCOPE  

10.1. RESEARCH SCOPE         

10.2. SOURCES OF DATA         

10.3. RESEARCH METHODOLOGY    

List of table

TABLE 1: NORTH AMERICA CYBER SECURITY MARKET, BY COUNTRY, 2019-2028 (IN $ BILLION)

TABLE 2: VENDOR SCORECARD

TABLE 3: NORTH AMERICA CYBER SECURITY MARKET, BY COMPONENTS, 2019-2028 (IN $ BILLION)

TABLE 4: NORTH AMERICA CYBER SECURITY MARKET, BY DEPLOYMENT, 2019-2028 (IN $ BILLION)

TABLE 5: NORTH AMERICA CYBER SECURITY MARKET, BY ORGANIZATION SIZE, 2019-2028 (IN $ BILLION)

TABLE 6: NORTH AMERICA CYBER SECURITY MARKET, BY APPLICATION, 2019-2028 (IN $ BILLION)

TABLE 7: NORTH AMERICA CYBER SECURITY MARKET, BY INDUSTRIAL VERTICALS, 2019-2028 (IN $ BILLION)

TABLE 8: NORTH AMERICA CYBER SECURITY MARKET, BY COUNTRY, 2019-2028 (IN $ BILLION)

List of Figures

FIGURE 1: NORTH AMERICA CYBER SECURITY MARKET, BY SERVICE, 2019-2028 (IN $ BILLION)

FIGURE 2: NORTH AMERICA CYBER SECURITY MARKET, BY INFRASTRUCTURE SECURITY, 2019-2028 (IN $ BILLION)

FIGURE 3: NORTH AMERICA CYBER SECURITY MARKET, BY HEALTHCARE, 2019-2028 (IN $ BILLION)

FIGURE 4: PORTER’S FIVE FORCE ANALYSIS

FIGURE 5: KEY BUYING IMPACT ANALYSIS

FIGURE 6: MARKET ATTRACTIVENESS INDEX

FIGURE 7: VALUE CHAIN ANALYSIS

FIGURE 8: BENEFITS OF NETWORK SECURITY SOLUTIONS

FIGURE 9: NORTH AMERICA CYBER SECURITY MARKET, BY SOLUTION, 2019-2028 (IN $ BILLION)

FIGURE 10: NORTH AMERICA CYBER SECURITY MARKET, BY SERVICE, 2019-2028 (IN $ BILLION)

FIGURE 11: NORTH AMERICA CYBER SECURITY MARKET, BY CLOUD, 2019-2028 (IN $ BILLION)

FIGURE 12: NORTH AMERICA CYBER SECURITY MARKET, BY ON-PREMISES, 2019-2028 (IN $ BILLION)

FIGURE 13: NORTH AMERICA CYBER SECURITY MARKET, BY LARGE ORGANIZATIONS, 2019-2028 (IN $ BILLION)

FIGURE 14: NORTH AMERICA CYBER SECURITY MARKET, BY SME’S, 2019-2028 (IN $ BILLION)

FIGURE 15: NORTH AMERICA CYBER SECURITY MARKET, BY IDENTITY AND ACCESS MANAGEMENT (IAM), 2019-2028 (IN $ BILLION)

FIGURE 16: NORTH AMERICA CYBER SECURITY MARKET, BY INFRASTRUCTURE SECURITY, 2019-2028 (IN $ BILLION)

FIGURE 17: NORTH AMERICA CYBER SECURITY MARKET, BY GOVERNANCE, RISK AND COMPLIANCE, 2019-2028 (IN $ BILLION)

FIGURE 18: NORTH AMERICA CYBER SECURITY MARKET, BY UNIFIED VULNERABILITY MANAGEMENT SERVICE OFFERING, 2019-2028 (IN $ BILLION)

FIGURE 19: NORTH AMERICA CYBER SECURITY MARKET, BY DATA SECURITY & PRIVACY SERVICE OFFERING, 2019-2028 (IN $ BILLION)

FIGURE 20: NORTH AMERICA CYBER SECURITY MARKET, BY OTHERS, 2019-2028 (IN $ BILLION)

FIGURE 21: NORTH AMERICA CYBER SECURITY MARKET, BY AEROSPACE & DEFENSE, 2019-2028 (IN $ BILLION)

FIGURE 22: NORTH AMERICA CYBER SECURITY MARKET, BY BFSI, 2019-2028 (IN $ BILLION)

FIGURE 23: NORTH AMERICA CYBER SECURITY MARKET, BY HEALTHCARE, 2019-2028 (IN $ BILLION)

FIGURE 24: NORTH AMERICA CYBER SECURITY MARKET, BY PUBLIC SECTOR, 2019-2028 (IN $ BILLION)

FIGURE 25: NORTH AMERICA CYBER SECURITY MARKET, BY RETAIL, 2019-2028 (IN $ BILLION)

FIGURE 26: NORTH AMERICA CYBER SECURITY MARKET, BY IT & TELECOMMUNICATION, 2019-2028 (IN $ BILLION)

FIGURE 27: NORTH AMERICA CYBER SECURITY MARKET, BY ENERGY & UTILITIES, 2019-2028 (IN $ BILLION)

FIGURE 28: NORTH AMERICA CYBER SECURITY MARKET, BY MANUFACTURING, 2019-2028 (IN $ BILLION)

FIGURE 29: NORTH AMERICA CYBER SECURITY MARKET, BY OTHERS, 2019-2028 (IN $ BILLION)

FIGURE 30: NORTH AMERICA CYBER SECURITY MARKET, REGIONAL OUTLOOK, 2018 & 2028 (IN %)

FIGURE 31: UNITED STATES CYBER SECURITY MARKET, 2019-2028 (IN $ BILLION)

FIGURE 32: CANADA CYBER SECURITY MARKET, 2019-2028 (IN $ BILLION)

FIGURE 33: UNITED KINGDOM CYBER SECURITY MARKET, 2019-2028 (IN $ BILLION)

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