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According to a new report North America Cloud Security Market , published by KBV Research, the North America Cloud Security is expected to attain a market size of $4.8billion by 2022, growing at a CAGR of 20.7% during the forecast period. North America is a dominant region due to growing adoption of cloud services in several industries in the region, globally. Growing adoption of BYOD and rising adoption of cloud technologies across diverse verticals such as healthcare, government, retail, IT & telecommunications, BFSI, and others, would further add to the pace of the market growth. Adding to the favorable points, the rising cyber-attacks & threats would also drive the adoption of cloud security market. The cloud security market would find its application in various industry verticals due to growing dependency on cloud-based applications & services.
The Cloud Identity & Access Management market dominated the North America Cloud Security Market by Type in 2015, growing at a CAGR of 20.1% during the forecast period. The Email & Web Security market is expected to witness a CAGR of 19.4% during (2016 - 2022). The report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the countries in the region. The key influencing factors of the North AmericaCloud Security have been discussed in the report along with the elaborated company profiles of IBM Corporation, Check Point Software Technologies, Cisco Systems, Inc., Intel Corporation, HP Enterprise Company, FireEye, Inc. and Sophos Plc.