Cyber Security Market In United States Is Expected To Grow At A Significant Rate During The Forecast Period | TechSci Research

By | August 17, 2022
United States Cyber Security Market

According to TechSci Research, United States cyber security market is expected to grow at a significant rate during the forecast period due to rise in number of cyber-attacks. Rise in the frequency of cyber-attacks led to huge business losses which resulted in huge expenditure on advanced security solutions to protect their security infrastructure. The need to defend the critical infrastructure from advanced persistence threats has resulted in advanced cyber-security solutions. Increasing penetration of internet services is aiding in surging the adoption of cybersecurity solutions.

Cyber security solution finds application in prominent industrial sectors such as healthcare, aerospace, defense, and financial and banking service sectors. Data breach of confidential information from such industries can lead to sharp financial losses from such organization. With the emergence of internet of things, major industries are depending on huge amount of data through various platforms. Sharing of information across the digital platforms has created opportunities for hackers to access networks. Rapid rise in threats, frauds, and risks has led businesses to change their business strategies which is expected to accelerate the cyber security market growth.

United States cyber security market is segmented into security type, solutions type, deployment mode, end user industry, regional distribution, and company. Based on deployment mode, market can be bifurcated into on-premise and cloud. The on-premise deployment mode segment is expected to account for major market share for the forecast period, 2023-2027. Organizations tend to keep the crucial data in their infrastructure rather than handling it to cloud service providers. Storing data in-house reduce the dependency on third-party organizations and helps in protection of data internally. On-premise allows adoption of adaptive and flexible data security as it provides hands-on ownership.

The major players operating in the United States cyber security market are IBM Corporation, Cisco Systems Inc., Dell Technologies Inc., Check Point Software Technologies, CyberArk Software Ltd., FireEye Inc., Fortinet Inc., Imperva Inc., Intel Security (Intel Corporation), Trend Micro Inc., among others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

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Objective of the Study:

  • To analyze the historical growth of the market size of United States cyber security market from 2017 to 2020.
  • To estimate and forecast the market size of United States cyber security market from 2021 to 2027 and growth rate until 2027.
  • To classify and forecast United States cyber security market based on security type, solutions type, deployment mode, end user industry, regional distribution, and company.
  • To identify dominant region or segment in the United States cyber security.
  • To identify drivers and challenges for United States cyber security market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in United States cyber security market.
  • To identify and analyze the profile of leading players operating in United States cyber security market.
  • To identify key sustainable strategies adopted by market players in United States cyber security market.

Key Target Audience:

  • Cyber security manufacturing companies
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums, and alliances related to cyber security market.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

AttributeDetails
Base Year2021
Historical Years2017 – 2020
Estimated Year2022E
Forecast Period2023F – 2027F
Quantitative UnitsRevenue in USD Million and CAGR for 2017-2021 and 2022E-2027F
Report CoverageRevenue forecast, company share, competitive landscape, growth factors, and trends
Segments Covered·         Security Type·         Solution Type·         Deployment Mode·         End Use Industry
Region ScopeSouth-Region, West-Region, Mid-West Region & Northeast-Region
Key Companies ProfiledIBM Corporation, Cisco Systems Inc., Dell Technologies Inc., Check Point Software Technologies, CyberArk Software Ltd., FireEye Inc., Fortinet Inc., Imperva Inc., Intel Security (Intel Corporation), Trend Micro Inc.
Customization Scope10% free report customization with purchase. Addition or alteration to regional & segment scope.
Pricing and Purchase OptionsAvail customized purchase options to meet your exact research needs. Explore purchase options
Delivery FormatPDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, United States cyber security market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         United States Cyber Security Market, By Security Type:

  • Network Security
  • Endpoint Security
  • Application Security
  • Cloud Security
  • Content Security
  • Others
  • United States Cyber Security Market, By Solutions Type:
    • Identity & Access Management
    • Risk & Compliance Management
    • Encryption & Decryption
    • Data Loss Prevention
    • Unified Threat Management
    • Firewall
    • Antivirus & Malware
    • Intrusion Detection/Prevention System
    • Infrastructure Security
    • Others
  • United States Cyber Security Market, By Deployment Mode:
    • On-Premise
    • Cloud
  • United States Cyber Security Market, By End Use Industry:
    • BFSI
    • IT & Telecom
    • Defense
    • Energy & Power
    • Retail
    • Healthcare
    • Others
  • United States Cyber Security Market, By Region:
    • South
    • West
    • Mid-West
    • North East

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in United States cyber security market.

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