What is the market size for the cyber security?

The Market is expected to grow by 66.66 billion in 2020-2025. <a href='https://www.technavio.com/report/cyber-security-market-in-north-america-industry-analysis'>Read More</a>

What is the CAGR for the cyber security?

15.54% CAGR with 66.66 billion Momentum. <a href='https://www.technavio.com/report/cyber-security-market-in-north-america-industry-analysis'>Read More</a>

What is the growth rate of the Cyber Security market?

15.54% is the estimation year on year growth rate. <a href='https://www.technavio.com/report/cyber-security-market-in-north-america-industry-analysis'>Read More</a>

Which region held the largest market share in the Cyber Security market?

US with 72.32% of the market growth. <a href='https://www.technavio.com/report/cyber-security-market-in-north-america-industry-analysis'>Read More</a>

Cyber Security Market in North America by Deployment and Geography - Forecast and Analysis 2021-2025

Published: Aug 2021
Pages: 120
SKU: IRTNTR70891

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The cyber security market in North America has the potential to grow by USD 66.66 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 15.54%.

This cyber security market in North America research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by deployment (on-premise and cloud) and geography (the US, Canada, and Mexico). The cyber security market in North America report also offers information on several market vendors, including AO Kaspersky Lab, Booz Allen Hamilton Holding Corp., Broadcom Inc., Check Point Software Technologies Ltd., Cisco Systems Inc., Corporation Service Co., Fortinet Inc., General Dynamics Corp., McAfee LLC, and Northrop Grumman Corp. among others.

What will the Cyber Security Market Size in North America be in 2021?

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Cyber Security Market in North America: Key Drivers and Trends

The increase in the use of mobile devices is notably driving the cyber security market growth in North America, although factors such as high cost of deployment may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the cyber security market in North America industry get your FREE report sample now.

With the increasing adoption of mobile devices, such as mobile phones, laptops, and tablets, the need for cybersecurity solutions is rising.
One of the major reasons for the rising need for cybersecurity solutions is the increasing use of devices such as mobile phones and laptops to access the Internet, which is increasing the chances of cybercrimes.
The use of mobile devices for personal and professional use is increasing the access to critical data and information, which will increase the chance of unauthorized access in case of a stolen mobile device.
With technological advances, the acceptance of mobile devices for m-commerce, bill payment, and GPS is also increasing.
The confidential information accessed by mobile devices requires high-level security against hacking.

Implementing firewalls as a disruptive deception capability is another key driver influencing the cyber security market growth in North America.
Advancements in technology have led to the introduction of firewalls with advanced capabilities such as intrusion prevention, blacklists, reputation feeds, and URL filtering.
The implementation of a firewall helps end-users to leverage threat detection and provide an enhanced opportunity to secure the network.
The implementation of a firewall further results in the generation of deception responses that further allows deception technology providers to offer deception hosts designed specifically to be attacked.

This cyber security market in North America analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Cyber Security Market Vendors in North America?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

AO Kaspersky Lab
Booz Allen Hamilton Holding Corp.
Broadcom Inc.
Check Point Software Technologies Ltd.
Cisco Systems Inc.
Corporation Service Co.
Fortinet Inc.
General Dynamics Corp.
McAfee LLC
Northrop Grumman Corp.

The cyber security market in North America is fragmented and the vendors are deploying growth strategies such as investing in R&D and branding to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the cyber security market in North America forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.