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(IT-NEWSWIRE.COM, August 06, 2018 ) The cyber security market includes solutions such as security incident management, Unified Threat Management (UTM), risk and compliance management, and Identity and Access Management (IAM) that enable organizations to secure infrastructure and data from harmful cyber threats and vulnerabilities. Increase in adoption of mobile devices, and growing reliability on Internet services in industries such as retail, healthcare, BFSI, and energy and utility supplements the market growth.
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Key Market Players Profiled In the Report
• Cisco Systems
• IBM Corporation
• Intel Corporation
• Symantec Corporation
• HPE
• Trend Micro
• Fire Eye
• Sophos
• Verizon Communications
• Dell EMC (RSA Security)
Various forms of cyber-crimes such as ransom ware are rapidly increasing in North America which can further lead to business interruptions and financial losses. The average cost of cyber-crime in the U.S. accounts to $15 million and the cost have doubled since 2010.
Increasing cyber-attacks from Iran, Russia and China, among others are also posing serious threats to this region. Cyber-attacks on the U.S. government have witnessed a 10% rise as compared to 2018. The attacks on government organizations and telecom operations caused a breach of 21.5 million personal information records and affected 15 million customers. In Canada, there has been a huge increase in spear phishing emails and computer network breaches over the recent years. The financial sector has always been the target of cyber-attacks in Mexico. Moreover, cyber criminals are now targeting healthcare, manufacturing, government and retail sectors as well.
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The North America cyber security market is estimated to grow over $67 billion by the end of 2022. Currently, cyber security solutions are acquiring a major share of the market because of increasing cyber-attacks in this region. The U.S. is acquiring a major market value because of continuous cyber-attacks on application verticals such as healthcare, banking and financial services and manufacturing, among others.
Cyber space is continually expanding with new and innovative developments like ‘Internet of Things’ and ‘Big Data’, which will add to more levels of complexities and security challenges with regard to the various networks and systems. Therefore, cyber security will prove to be an important element of any organization and will attempt to provide a range of opportunities to a number of vendors to foster cyber security solutions in the North America region.
Table Of Content
Global Cyber Security Market Research Report
Chapter 1Cyber Security Market Overview
Chapter 2 Global Economic Impact
Chapter 3 Competition by Manufacturer
Chapter 4 Production, Revenue (Value) by Region
Chapter 5 Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Market Forecast
Chapter 13 Appendix
Research N Reports
Mr. Sunny Denis
+18886316977
sales@researchnreports.com
Source: EmailWire.Com 
Source: EmailWire.com
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