Cyber Security North American Market: Rising Popularity of BYOD Trend to Bolster Demand for Strong Security

Published on : Dec 12, 2018

Albany, New York, December 12, 2018: The North American cyber security market is estimated to see a phenomenal growth at a CAGR of 9.8% during the 2018-2023 period. The modern-day digitization of an array of products and services is driving the demand for cyber security in the North American market. These and more such valuable insights can be found in the report titled, “Cyber Security: North American Markets” which has been added to Market Research Hub’s (MRH) comprehensive database.

One of the rising trends that have fuelled the demand for the presence of a strong cyber security framework around the continent is Bring Your Own Device (BYOD). Under the BYOD policy followed by numerous institutions in North America, employees get their own personal equipment such as laptops, smartphones, and tablets to connect to work. Thus the presence of strong cyber security is a must in order to ensure that the devices do not harm the network or lead to the loss of crucial information. Additionally, a major rise in the online presence of the continent’s population has further sparked the demand for cyber security solutions. Due to these factors, the cyber security market is expected to observe a steady growth in the North American continent.

Cyber Security North American Market: Scope of the Report

The cyber security North American market report assesses all the segments of the market to provide an accurate and go-to forecast of the market. All the factors that hold an influence on the cyber security market currently, and will impact the future growth prospects of the industry have been divulged in the report.

The report further sheds light on the evolution of cyber security and how it has helped fortify against the threats posed by the internet. Along with all this information, the cyber security North American report offers readers actionable insights about the industry that point to lucrative opportunities on offer in the industry.

Cyber Security North American Market: Competitive Landscape Assessment

The cyber security North American market report provides readers with a comprehensive breakdown of the market based on countries, solutions, security type, and verticals. Each of the section includes a detailed account of the key trends, growth opportunities, notable developments, and the revenue share each individual category enlisted under the section holds. On the basis of security types, the report reviews network security, wireless security, endpoint security, application security, content security, and cloud security. Another major market breakdown that provides invaluable insights into the market is the classification of the cyber security market on the basis of verticals. On the basis of verticals, the report provides a thorough overview of how cyber security is faring in banking, financial services and insurance (BFSI), telecom and IT, government, retail, healthcare, defense and intelligence, and others.

The cyber security North American market report also sheds light on the major companies that are currently dominating the market. Additionally, individual profiles of key market players provide information about the company’s market presence, revenue share, product portfolio, and notable developments made in the industry. The company profiling allows new entrants to identify entry barriers and gauge the competition prevalent in the market.

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