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US Cyber Security Market Overview by Recent Opportunities, Growth Size, Regional Analysis and Forecasts to 2025

04-25-2022 01:49 PM CET | IT, New Media & Software

Press release from: Orion Market Research

US Cyber Security market is growing at a CAGR of around 9.8% during the forecast period. The US is one of the leading regions in cybercrime activities, according to the Federation of American Scientists. Millions of people are victims of cybercrimes every year. Significant growth of cyber-attacks holds a major impact on the growth of the United States cyber security market.

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The growth in the cyber-attacks is majorly attributed to the increasing adoption of cloud-based services in the region, as cloud computing platforms are more vulnerable to cyber-attacks and data leakages. It is having been observed that the means of the cyber-attacks varies, however the pattern remains the same. Large database and point of sale systems are targeted by hackers for financial gains. Further, a rise in the number of cyber-attacks and hacker linked with the rival nation that targets government organizations, systems, infrastructures to steal political insights are also very frequent, which is estimated to influence the growth of the US cyber security market.

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In addition, there are various cyber was and regulations in the region under which several measures are mandated to be taken which directly affects the US cyber security market. For instance, HIPAA is one of the stringent regulations in the region which is a legislation that provides data privacy and security provisions for the protection of medical information. Gramm-Leach-Bliley Act is another regulation that focuses on sensitive data stored in financial institutions. It ensures that organizations which offer consumers financial services such as financial advice, loan and insurance to explain their information-sharing practices to their customers and to safeguard sensitive data. Thus, owing to such regulations mandated by the government is likely to augment the demand for cyber security tools and drive the US cyber security market.

US Cyber Security Market Segmentation

By Type

Network Security
Application Security
Mobile Security
Wireless Security
Cloud Security
Others
By Solutions

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

Government
Aerospace & Defense
BFSI
Telecommunication
Healthcare
Retail
Others (Manufacturing, and Transportation)
Company Profiles

· AVG Securities

· Booz Allen Hamilton

· Capgemini SE

· CISCO Corp.

· CSC Corp.

· Cyberark Software Ltd.

· DELL (Secureworks Inc.)

· Herjavec Group

· IBM Corp.

· Intel Corp.

· Lockheed Martin Corp.

· Palo Alto Networks

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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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