The North America Cloud Data Security Market should witness market growth of 13.7% CAGR during the forecast period (2022-2028).
Encryption of data is enabled by default on cloud platforms using encryption keys owned by the platform. Customers can obtain better control over this by introducing their encryption keys and controlling them centrally through cloud-based encryption key management services. For enterprises with more stringent security standards and regulatory requirements, native hardware security module (HSM)-enabled critical management services or even third-party services can be implemented to safeguard data encryption keys.
Implementing a mechanism for data loss prevention (DLP) can be helpful for an organization. Data loss prevention (DLP) is a company's overall security strategy that concentrates on identifying and avoiding the loss, leakage, or misuse of data caused by data breaches, exfiltration, and unauthorized access. A cloud DLP is explicitly developed to secure enterprises that save their data in cloud repositories.
The Mexican eCommerce industry was valued at USD 21 billion in 2017 and expanded at an annual pace of 20%. It is anticipated that the industry will continue to grow due to enhancements in connection, financial inclusion, logistics, and digital literacy. According to reports, multichannel brick-and-mortar (brick-and-click) businesses have seen their internet sales account for 25 percent of total revenues. There were 82 million internet users in 2018, or 71% of the population older than six years. The increasing e-commerce adoption is expected to surge the utilization of cloud data security to protect consumer and business data which will propel the market’s growth in the projected period.
The US market dominated the North America Cloud Data Security Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,653.6 million by 2028. The Canada market is poised to grow at a CAGR of 15.9% during (2022-2028). Additionally, The Mexico market should witness a CAGR of 15.6% during (2022-2028).
Based on Offering, the market is segmented into Solution and Services. Based on Offering Type, the market is segmented into Co-Managed and Fully Managed. Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Vertical, the market is segmented into BFSI, IT & Telecom, Government & Defense, Manufacturing, Healthcare & Lifesciences, Retail & eCommerce and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Amazon Web Services, Inc. (Amazon.com, Inc.), Google LLC (Alphabet, Inc.), Cisco Systems, Inc., McAfee Corp., Microsoft Corporation, Palo Alto Networks, Inc., Zscaler, Inc., Fortinet, Inc., Check Point Software Technologies Ltd., and IBM Corporation.
Encryption of data is enabled by default on cloud platforms using encryption keys owned by the platform. Customers can obtain better control over this by introducing their encryption keys and controlling them centrally through cloud-based encryption key management services. For enterprises with more stringent security standards and regulatory requirements, native hardware security module (HSM)-enabled critical management services or even third-party services can be implemented to safeguard data encryption keys.
Implementing a mechanism for data loss prevention (DLP) can be helpful for an organization. Data loss prevention (DLP) is a company's overall security strategy that concentrates on identifying and avoiding the loss, leakage, or misuse of data caused by data breaches, exfiltration, and unauthorized access. A cloud DLP is explicitly developed to secure enterprises that save their data in cloud repositories.
The Mexican eCommerce industry was valued at USD 21 billion in 2017 and expanded at an annual pace of 20%. It is anticipated that the industry will continue to grow due to enhancements in connection, financial inclusion, logistics, and digital literacy. According to reports, multichannel brick-and-mortar (brick-and-click) businesses have seen their internet sales account for 25 percent of total revenues. There were 82 million internet users in 2018, or 71% of the population older than six years. The increasing e-commerce adoption is expected to surge the utilization of cloud data security to protect consumer and business data which will propel the market’s growth in the projected period.
The US market dominated the North America Cloud Data Security Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,653.6 million by 2028. The Canada market is poised to grow at a CAGR of 15.9% during (2022-2028). Additionally, The Mexico market should witness a CAGR of 15.6% during (2022-2028).
Based on Offering, the market is segmented into Solution and Services. Based on Offering Type, the market is segmented into Co-Managed and Fully Managed. Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Vertical, the market is segmented into BFSI, IT & Telecom, Government & Defense, Manufacturing, Healthcare & Lifesciences, Retail & eCommerce and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Amazon Web Services, Inc. (Amazon.com, Inc.), Google LLC (Alphabet, Inc.), Cisco Systems, Inc., McAfee Corp., Microsoft Corporation, Palo Alto Networks, Inc., Zscaler, Inc., Fortinet, Inc., Check Point Software Technologies Ltd., and IBM Corporation.
Scope of the Study
By Offering
- Solution
- Services
By Offering Type
- Co-Managed
- Fully Managed
By Organization Size
- Large Enterprises
- SMEs
By Vertical
- BFSI
- IT & Telecom
- Government & Defense
- Manufacturing
- Healthcare & Lifesciences
- Retail & eCommerce
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Google LLC (Alphabet, Inc.)
- Cisco Systems, Inc.
- McAfee Corp.
- Microsoft Corporation
- Palo Alto Networks, Inc.
- Zscaler, Inc.
- Fortinet, Inc.
- Check Point Software Technologies Ltd.
- IBM Corporation
Unique Offerings
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Cloud Data Security Market, by Offering
1.4.2 North America Cloud Data Security Market, by Offering Type
1.4.3 North America Cloud Data Security Market, by Organization Size
1.4.4 North America Cloud Data Security Market, by Vertical
1.4.5 North America Cloud Data Security Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Analyst's Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansion
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.4.2 Key Strategic Move: (Acquisition and Mergers: 2018, Jan - 2022, Sep) Leading Players
Chapter 4. North America Cloud Data Security Market by Offering
4.1 North America Solution Market by Country
4.2 North America Services Market by Country
Chapter 5. North America Cloud Data Security Market by Offering Type
5.1 North America Co-Managed Market by Country
5.2 North America Fully Managed Market by Country
Chapter 6. North America Cloud Data Security Market by Organization Size
6.1 North America Large Enterprises Market by Country
6.2 North America SMEs Market by Country
Chapter 7. North America Cloud Data Security Market by Vertical
7.1 North America BFSI Market by Country
7.2 North America IT & Telecom Market by Country
7.3 North America Government & Defense Market by Country
7.4 North America Manufacturing Market by Country
7.5 North America Healthcare & Lifesciences Market by Country
7.6 North America Retail & eCommerce Market by Country
7.7 North America Others Market by Country
Chapter 8. North America Cloud Data Security Market by Country
8.1 US Cloud Data Security Market
8.1.1 US Cloud Data Security Market by Offering
8.1.2 US Cloud Data Security Market by Offering Type
8.1.3 US Cloud Data Security Market by Organization Size
8.1.4 US Cloud Data Security Market by Vertical
8.2 Canada Cloud Data Security Market
8.2.1 Canada Cloud Data Security Market by Offering
8.2.2 Canada Cloud Data Security Market by Offering Type
8.2.3 Canada Cloud Data Security Market by Organization Size
8.2.4 Canada Cloud Data Security Market by Vertical
8.3 Mexico Cloud Data Security Market
8.3.1 Mexico Cloud Data Security Market by Offering
8.3.2 Mexico Cloud Data Security Market by Offering Type
8.3.3 Mexico Cloud Data Security Market by Organization Size
8.3.4 Mexico Cloud Data Security Market by Vertical
8.4 Rest of North America Cloud Data Security Market
8.4.1 Rest of North America Cloud Data Security Market by Offering
8.4.2 Rest of North America Cloud Data Security Market by Offering Type
8.4.3 Rest of North America Cloud Data Security Market by Organization Size
8.4.4 Rest of North America Cloud Data Security Market by Vertical
Chapter 9. Company Profiles
9.1 IBM Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional & Segmental Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.5.3 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 Amazon Web Services, Inc. (Amazon.com, Inc.)
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental Analysis
9.2.4 Recent strategies and developments:
9.2.4.1 Partnerships, Collaborations, and Agreements:
9.2.5 SWOT Analysis
9.3 Google LLC (Alphabet, Inc.)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Acquisition and Mergers:
9.3.5.3 Geographical Expansions:
9.3.6 SWOT Analysis
9.4 Cisco Systems, Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Product Launches and Product Expansions:
9.4.5.3 Acquisition and Mergers:
9.4.6 SWOT Analysis
9.5 McAfee Corp.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Product Launches and Product Expansions:
9.5.5.2 Acquisition and Mergers:
9.6 Microsoft Corporation
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.5.2 Product Launches and Product Expansions:
9.6.5.3 Acquisition and Mergers:
9.6.6 SWOT Analysis
9.7 Palo Alto Networks, Inc.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Product Launches and Product Expansions:
9.7.5.2 Acquisition and Mergers:
9.8 Zscaler, Inc.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Acquisition and Mergers:
9.9 Fortinet, Inc.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 Recent strategies and developments:
9.9.5.1 Product Launches and Product Expansions:
9.10. Check Point Software Technologies Ltd.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Regional Analysis
9.10.4 Research & Development Expense
Companies Mentioned
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Google LLC (Alphabet, Inc.)
- Cisco Systems, Inc.
- McAfee Corp.
- Microsoft Corporation
- Palo Alto Networks, Inc.
- Zscaler, Inc.
- Fortinet, Inc.
- Check Point Software Technologies Ltd.
- IBM Corporation
Methodology
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