North American Cyber Security Market Size, Share, Trends By 2025

North American Cyber Security market is growing at a CAGR of around 9.9% during the forecast period. The US and Canada are the major economies in the region. North American cyber security market is expected to grow at a fast pace owing to its well-developed information communication technology (ICT) infrastructure and the larger number of threats associated with it. North America is one of the leading economies of the world with a cumulative GDP of approximately $22.2 trillion in the year 2017.

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The economic strength and well-established technology infrastructure support the growth of the North American cyber security market. The increasing number of cyber-attacks along with increasing internet penetration rates in the region is estimated to be one of the major factors that are driving the growth of the North American cyber security market. Moreover, the presence of a large number of mobile phone users and other electronic device users in the region are also estimated to have a significant impact on the growth of the market along with the growth of social media users in the region.

The key companies operating in the North American cyber security market include IBM, Google, Microsoft, Facebook, Twitter, Apple and other major companies. Additionally, the US is the nation of most of the key players of cyber security market. Several companies such as IBM Corporation, RSA Security, Cisco Systems, Inc., Palo Alto Networks and so forth are headquartered in the US.

These companies are the key players contributing to cyber security market and their presence is estimated to fuel the growth of the market. The major motivators of cyber security market in the region are increasing internet penetration and the rising trend of smartphones.

Additionally, the rising trend of smartphones and tablets is augmenting the demand for cyber security market in the region. The increasing number of smartphone users leads to increasing data traffic, and risk of cyber-security attacks, as smartphones and tablets are less secured as compared to other electronic devices such as PCs and Laptops. Therefore, it is estimated to augment the demand the cyber security tools in the market.

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North-American Cyber Security Market Segmentation

By Type
o Network Security
o Application Security
o Mobile Security
o Wireless Security
o Cloud Security
o Others

By Solutions
o Risk and Compliance Management
o Identity and Access Management
o Data Loss Protection
o Firewall
o Unified Threat Management
o Encryption
o Antimalware and Antivirus
o DDOS mitigation
o Others (Security and Vulnerability Management, and Disaster Recovery)

By Vertical
o Government
o Aerospace & Defense
o BFSI
o Telecommunication
o Healthcare
o Retail
o Others (Manufacturing, and Transportation)

Regional Analysis
o United States
o Canada

Company Profiles
o AVG Securities
o Booz Allen Hamilton
o Capgemini SE
o CISCO Corp.
o CSC Corp.
o Cyberark Software Ltd.
o DELL (Secureworks Inc.)
o Herjavec Group
o IBM Corp.
o Intel Corp.
o Lockheed Martin Corp.
o Palo Alto Networks

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