Market Research Report
US Cyber Security Market 2019-2025
|Published by||Orion Market Research Pvt Ltd||Product code||942968|
Delivery time: 2-3 business days
|US Cyber Security Market 2019-2025|
|Published: February 24, 2020||Content info:||
US Cyber Security Market Size, Share & Trends Analysis Report by Type (Network Security, Application Security, Mobile Security, Wireless Security, Cloud Security, and Others), by Solutions (Risk and Compliance Management, Identity and Access Management, Data Loss Protection, Firewall, Unified Threat Management, Encryption, Antimalware and Antivirus, DDOS mitigation, Others), and by Vertical (Government, Aerospace & Defense, BFSI, Telecommunication, Healthcare, Retail, and Others) Forecast Period 2019-2025
US Cyber Security market is growing at a CAGR of around 9.8% during the forecast period. The US is one of the leading regions in cybercrime activities, according to the Federation of American Scientists. Millions of people are victims of cybercrimes every year. Significant growth of cyber-attacks holds a major impact on the growth of the United States cyber security market.
The growth in the cyber-attacks is majorly attributed to the increasing adoption of cloud-based services in the region, as cloud computing platforms are more vulnerable to cyber-attacks and data leakages. It is having been observed that the means of the cyber-attacks varies, however the pattern remains the same. Large database and point of sale systems are targeted by hackers for financial gains. Further, a rise in the number of cyber-attacks and hacker linked with the rival nation that targets government organizations, systems, infrastructures to steal political insights are also very frequent, which is estimated to influence the growth of the US cyber security market.
In addition, there are various cyber was and regulations in the region under which several measures are mandated to be taken which directly affects the US cyber security market. For instance, HIPAA is one of the stringent regulations in the region which is a legislation that provides data privacy and security provisions for the protection of medical information. Gramm-Leach-Bliley Act is another regulation that focuses on sensitive data stored in financial institutions. It ensures that organizations which offer consumers financial services such as financial advice, loan and insurance to explain their information-sharing practices to their customers and to safeguard sensitive data. Thus, owing to such regulations mandated by the government is likely to augment the demand for cyber security tools and drive the US cyber security market.
The market study of the US Cyber Security market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
The Report Covers: