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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 solutions 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 for respective organizations. 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 in the forecast period. Organizations tend to keep the crucial data in their infrastructure rather than handling it to cloud service providers. Storing data in-house reduces 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.
Years considered for this report:
- Historical Years: 2016-2019
- Base Year: 2020
- Estimated Year: 2021
- Forecast Period: 2022-2026
Objective of the Study:
- To analyze the historical growth in the market size of United States cyber security market from 2016 to 2020.
- To estimate and forecast the market size of United States cyber security market from 2021 to 2026 and growth rate until 2026.
- 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 market.
- To identify drivers and challenges for United States cyber security market.
- To examine competitive developments such as expansions, new service 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.
The publisher performed both primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of service providers across the United States. Subsequently, the publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher could include the companies, which could not be identified due to the limitations of secondary research. The publisher analyzed the manufacturers, distribution channels and presence of all major players across the globe.
The publisher calculated the market size of United States cyber security market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these services for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.
Key Target Audience:
- Cyber security 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 service providers, vendors, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
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:
- Firewall
- Antivirus & Antimalware
- Risk & Compliance Management
- Identity & Access Management
- Data Loss Prevention
- Intrusion Detection/Prevention System
- Encryption and Decryption
- Secure Web Gateways
- Email Filtering
- 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.
Available Customizations:
With the given market data, the publisher offers customizations according to a company’s specific needs.
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 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