The US market dominated the North America Network Forensics Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $1.67 billion by 2031. The Canada market is experiencing a CAGR of 18.3% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 17.4% during 2024-2031.
The network forensics market has emerged as a cornerstone of modern cybersecurity, offering tools and methodologies to monitor, capture, and analyze network traffic to detect, investigate, and mitigate security incidents. As organizations worldwide embrace digital transformation - spanning cloud computing, the Internet of Things (IoT), and remote work environments - the attack surface for cybercriminals has expanded exponentially. This has fuelled the demand for network forensics solutions, which enable businesses to safeguard sensitive data, ensure regulatory compliance, and respond effectively to breaches.
Additionally, the market, valued at billions of dollars and projected to grow at a robust annual growth rate over the coming years, reflects the urgent need for proactive and advanced security measures in a landscape where data breaches and cyberattacks are both frequent and costly.
The market in Canada, Mexico, and the USA is witnessing rapid growth due to increasing digital transformation, rising cybersecurity threats, and expanding critical sectors such as retail, healthcare, and energy. As these industries continue to digitize operations, integrate IoT-based systems, and rely on cloud computing, the risk of cyberattacks and data breaches has surged, necessitating the adoption of advanced network forensics solutions for threat detection, investigation, and security compliance.
List of Key Companies Profiled
- Cisco Systems, Inc.
- IBM Corporation
- Broadcom, Inc.
- Trellix
- RSA Security LLC (Symphony Technology Group)
- Palo Alto Networks, Inc.
- LogRhythm, Inc.
- Viavi Solutions, Inc.
- Fortinet, Inc.
- FireEye, Inc.
Market Report Segmentation
By Deployment
- On-premise
- Cloud
By Component
- Solution
- Software
- Hardware
- Services
By Application
- Endpoint Security
- Network Security
- Data Center Security
- Application Security
- Other Application
By Organization Size
- Large Enterprises
- Small & Medium Enterprises
By End Use
- BFSI
- IT & Telecom
- Government & Defense
- Manufacturing
- Retail
- Healthcare
- Energy & Utilities
- Other End Use
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Companies Mentioned
- Cisco Systems, Inc.
- IBM Corporation
- Broadcom, Inc.
- Trellix
- RSA Security LLC (Symphony Technology Group)
- Palo Alto Networks, Inc.
- LogRhythm, Inc.
- Viavi Solutions, Inc.
- Fortinet, Inc.
- FireEye, Inc.
Methodology
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