The North America Cloud Security Market would witness market growth of 12.2% CAGR during the forecast period (2021-2027).
Increasing sophistication of cybercrime, cyber espionage activities, and the production of new cyberattacks, as well as an increase in the usage of cloud-based solutions and an increase in BYOD and CYOD trends, are all driving adoption for cloud security. Furthermore, growing government attempts to assist smart infrastructure projects, as well as safeguarding online financial apps, social media, and operating systems, would present attractive prospects for cloud security suppliers.
Early in the development cycle, organisations that have adopted the largely automated DevOps CI/CD culture must confirm that proper security measures are defined and integrated in code and templates. After a workload has been put in production, security-related modifications might compromise the organization's security posture and extend time to market.
North America was one of the first to adopt cloud-based networks. The North America region is generating the most income due to a lack of resources to build in-house facilities and an increase in the usage of BYOD. The original use of cloud computing was largely motivated by financial considerations, such as reduced capital expenses.
Many businesses have had to adjust their procedures and practises in order to keep their employees safe throughout COVID-19. The inability to shift the staff and manage HR as efficiently as before was the primary cause of the business interruption. Businesses have been compelled to adjust their existing ways of operating and re-evaluate operational decisions due to their incapacity to travel and cross borders, as well as social isolation.
The ability to deploy new apps faster, as well as a reduction in CapEx investment and IT administration complexity, are the key drivers for cloud adoption. These characteristics are assisting businesses in their adoption of cloud-based technologies. Thousands of clients can share the same resources using today's multi-tenant cloud platform services. As a consequence, a significant amount of labour and associated costs were saved.
The US market dominated the North America Cloud Security Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $22.8 billion by 2027. The Canada market is anticipated to grow at a CAGR of 14.7% during (2021 - 2027). Additionally, The Mexico market would showcase a CAGR of 13.7% during (2021 - 2027).
Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises (SMEs). Based on Vertical, the market is segmented into Telecom & IT, BFSI, Healthcare, Retail & eCommerce, Government & Defense, Utilities, Manufacturing, and Others. Based on Application, the market is segmented into Email & Web Security, Cloud Identity & Access Management, Data Encryption & Prevention, Threat Intelligence, Monitoring & Protection, and Others. Based on Service Model, the market is segmented into Software-as-a-Service (SaaS), Infrastructure-as-a-Service (IaaS), and Platform-as-a-Service (PaaS). Based on Security Type, the market is segmented into Network Security, Endpoint Security, Perimeter Security, Application Security and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Cloud Security Market is Estimated to reach $86 Billion by 2027, at a CAGR of 13.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include McAfee Corp., IBM Corporation, Microsoft Corporation, Google LLC, Amazon Web Services, Inc., Cisco Systems, Inc., Palo Alto Networks, Inc., Check Point Software Technologies Ltd., Sophos Group PLC (Thoma Bravo), and Trend Micro, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Organization Size
- Large Enterprises and
- Small & Medium Enterprises (SMEs)
By Vertical
- Telecom & IT
- BFSI
- Healthcare
- Retail & eCommerce
- Government & Defense
- Utilities
- Manufacturing, and
- Others
By Application
- Email & Web Security
- Cloud Identity & Access Management
- Data Encryption & Prevention
- Threat Intelligence
- Monitoring & Protection,
- Others
By Service Model
- Software-as-a-Service (SaaS)
- Infrastructure-as-a-Service (IaaS),
- Platform-as-a-Service (PaaS)
By Security Type
- Network Security
- Endpoint Security
- Perimeter Security
- Application Security
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- McAfee Corp.
- IBM Corporation
- Microsoft Corporation
- Google LLC
- Amazon Web Services, Inc.
- Cisco Systems, Inc.
- Palo Alto Networks, Inc.
- Check Point Software Technologies Ltd.
- Sophos Group PLC (Thoma Bravo)
- Trend Micro, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Cloud Security Market, by Organization Size
1.4.2 North America Cloud Security Market, by Vertical
1.4.3 North America Cloud Security Market, by Application
1.4.4 North America Cloud Security Market, by Service Model
1.4.5 North America Cloud Security Market, by Security Type
1.4.6 North America Cloud Security Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Acquisitions and Mergers : 2017, Nov – 2022, Feb) Leading Players
Chapter 4. North America Cloud Security Market by Organization Size
4.1 North America Large Enterprises Market by Country
4.2 North America Small & Medium Enterprises (SMEs) Market by Country
Chapter 5. North America Cloud Security Market by Vertical
5.1 North America Telecom & IT Market by Country
5.2 North America BFSI Market by Country
5.3 North America Healthcare Market by Country
5.4 North America Retail & eCommerce Market by Country
5.5 North America Government & Defense Market by Country
5.6 North America Utilities Market by Country
5.7 North America Manufacturing Market by Country
5.8 North America Others Market by Country
Chapter 6. North America Cloud Security Market by Application
6.1 North America Email & Web Security Market by Country
6.2 North America Cloud Identity & Access Management Market by Country
6.3 North America Data Encryption & Prevention Market by Country
6.4 North America Threat Intelligence, Monitoring & Protection Market by Country
6.5 North America Others Market by Country
Chapter 7. North America Cloud Security Market by Service Model
7.1 North America Software-as-a-Service (SaaS) Market by Country
7.2 North America Infrastructure-as-a-Service (IaaS) Market by Country
7.3 North America Platform-as-a-Service (PaaS) Market by Country
Chapter 8. North America Cloud Security Market by Security Type
8.1 North America Network Security Market by Country
8.2 North America Endpoint Security Market by Country
8.3 North America Perimeter Security Market by Country
8.4 North America Application Security Market by Country
8.5 North America Others Market by Country
Chapter 9. North America Cloud Security Market by Country
9.1 US Cloud Security Market
9.1.1 US Cloud Security Market by Organization Size
9.1.2 US Cloud Security Market by Vertical
9.1.3 US Cloud Security Market by Application
9.1.4 US Cloud Security Market by Service Model
9.1.5 US Cloud Security Market by Security Type
9.2 Canada Cloud Security Market
9.2.1 Canada Cloud Security Market by Organization Size
9.2.2 Canada Cloud Security Market by Vertical
9.2.3 Canada Cloud Security Market by Application
9.2.4 Canada Cloud Security Market by Service Model
9.2.5 Canada Cloud Security Market by Security Type
9.3 Mexico Cloud Security Market
9.3.1 Mexico Cloud Security Market by Organization Size
9.3.2 Mexico Cloud Security Market by Vertical
9.3.3 Mexico Cloud Security Market by Application
9.3.4 Mexico Cloud Security Market by Service Model
9.3.5 Mexico Cloud Security Market by Security Type
9.4 Rest of North America Cloud Security Market
9.4.1 Rest of North America Cloud Security Market by Organization Size
9.4.2 Rest of North America Cloud Security Market by Vertical
9.4.3 Rest of North America Cloud Security Market by Application
9.4.4 Rest of North America Cloud Security Market by Service Model
9.4.5 Rest of North America Cloud Security Market by Security Type
Chapter 10. Company Profiles
10.1 McAfee Corp.
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expenses
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.5.2 Product Launches and Product Expansions:
10.1.5.3 Acquisition and Mergers:
10.2 IBM Corporation
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Regional & Segmental Analysis
10.2.4 Research & Development Expenses
10.2.5 Recent strategies and developments:
10.2.5.1 Product Launches and Product Expansions:
10.2.5.2 Acquisition and Mergers:
10.2.6 SWOT Analysis
10.3 Microsoft Corporation
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expenses
10.3.5 Recent strategies and developments:
10.3.5.1 Acquisition and Mergers:
10.3.6 SWOT Analysis
10.4 Google LLC
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expense
10.4.5 Recent strategies and developments:
10.4.5.1 Partnerships, Collaborations, and Agreements:
10.4.5.2 Acquisition and Mergers:
10.4.6 SWOT Analysis
10.5 Amazon Web Services, Inc.
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Regional Analysis
10.5.4 Recent strategies and developments:
10.5.4.1 Partnerships, Collaborations, and Agreements:
10.5.4.2 Product Launches and Product Expansions:
10.5.4.3 Acquisition and Mergers:
10.6 Cisco Systems, Inc.
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Regional Analysis
10.6.4 Research & Development Expense
10.6.5 Recent strategies and developments:
10.6.5.1 Partnerships, Collaborations, and Agreements:
10.6.5.2 Product Launches and Product Expansions:
10.6.6 SWOT Analysis
10.7 Palo Alto Networks, Inc.
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Regional Analysis
10.7.4 Research & Development Expense
10.7.5 Recent strategies and developments:
10.7.5.1 Partnerships, Collaborations, and Agreements:
10.7.5.2 Product Launches and Product Expansions:
10.7.5.3 Acquisition and Mergers:
10.8 Check Point Software Technologies Ltd.
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Regional Analysis
10.8.4 Research & Development Expense
10.8.5 Recent strategies and developments:
10.8.5.1 Partnerships, Collaborations, and Agreements:
10.8.5.2 Product Launches and Product Expansions:
10.8.5.3 Acquisition and Mergers:
10.9 Sophos Group PLC (Thoma Bravo)
10.9.1 Company Overview
10.9.2 Recent strategies and developments:
10.9.2.1 Product Launches and Product Expansions:
10.9.2.2 Acquisition and Mergers:
10.10. Trend Micro, Inc.
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Regional Analysis
10.10.4 Research & Development Expense
10.10.5 Recent strategies and developments:
10.10.5.1 Partnerships, Collaborations, and Agreements:
10.10.5.2 Acquisition and Mergers:
10.10.5.3 Geographical Expansions:
TABLE 1 North America Cloud Security Market, 2017 - 2020, USD Million
TABLE 2 North America Cloud Security Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Cloud Security Market
TABLE 4 Product Launches And Product Expansions– Cloud Security Market
TABLE 5 Acquisition and Mergers– Cloud Security Market
TABLE 6 Geographical expansions– Cloud Security Market
TABLE 7 North America Cloud Security Market by Organization Size, 2017 - 2020, USD Million
TABLE 8 North America Cloud Security Market by Organization Size, 2021 - 2027, USD Million
TABLE 9 North America Large Enterprises Market by Country, 2017 - 2020, USD Million
TABLE 10 North America Large Enterprises Market by Country, 2021 - 2027, USD Million
TABLE 11 North America Small & Medium Enterprises (SMEs) Market by Country, 2017 - 2020, USD Million
TABLE 12 North America Small & Medium Enterprises (SMEs) Market by Country, 2021 - 2027, USD Million
TABLE 13 North America Cloud Security Market by Vertical, 2017 - 2020, USD Million
TABLE 14 North America Cloud Security Market by Vertical, 2021 - 2027, USD Million
TABLE 15 North America Telecom & IT Market by Country, 2017 - 2020, USD Million
TABLE 16 North America Telecom & IT Market by Country, 2021 - 2027, USD Million
TABLE 17 North America BFSI Market by Country, 2017 - 2020, USD Million
TABLE 18 North America BFSI Market by Country, 2021 - 2027, USD Million
TABLE 19 North America Healthcare Market by Country, 2017 - 2020, USD Million
TABLE 20 North America Healthcare Market by Country, 2021 - 2027, USD Million
TABLE 21 North America Retail & eCommerce Market by Country, 2017 - 2020, USD Million
TABLE 22 North America Retail & eCommerce Market by Country, 2021 - 2027, USD Million
TABLE 23 North America Government & Defense Market by Country, 2017 - 2020, USD Million
TABLE 24 North America Government & Defense Market by Country, 2021 - 2027, USD Million
TABLE 25 North America Utilities Market by Country, 2017 - 2020, USD Million
TABLE 26 North America Utilities Market by Country, 2021 - 2027, USD Million
TABLE 27 North America Manufacturing Market by Country, 2017 - 2020, USD Million
TABLE 28 North America Manufacturing Market by Country, 2021 - 2027, USD Million
TABLE 29 North America Others Market by Country, 2017 - 2020, USD Million
TABLE 30 North America Others Market by Country, 2021 - 2027, USD Million
TABLE 31 North America Cloud Security Market by Application, 2017 - 2020, USD Million
TABLE 32 North America Cloud Security Market by Application, 2021 - 2027, USD Million
TABLE 33 North America Email & Web Security Market by Country, 2017 - 2020, USD Million
TABLE 34 North America Email & Web Security Market by Country, 2021 - 2027, USD Million
TABLE 35 North America Cloud Identity & Access Management Market by Country, 2017 - 2020, USD Million
TABLE 36 North America Cloud Identity & Access Management Market by Country, 2021 - 2027, USD Million
TABLE 37 North America Data Encryption & Prevention Market by Country, 2017 - 2020, USD Million
TABLE 38 North America Data Encryption & Prevention Market by Country, 2021 - 2027, USD Million
TABLE 39 North America Threat Intelligence, Monitoring & Protection Market by Country, 2017 - 2020, USD Million
TABLE 40 North America Threat Intelligence, Monitoring & Protection Market by Country, 2021 - 2027, USD Million
TABLE 41 North America Others Market by Country, 2017 - 2020, USD Million
TABLE 42 North America Others Market by Country, 2021 - 2027, USD Million
TABLE 43 North America Cloud Security Market by Service Model, 2017 - 2020, USD Million
TABLE 44 North America Cloud Security Market by Service Model, 2021 - 2027, USD Million
TABLE 45 North America Software-as-a-Service (SaaS) Market by Country, 2017 - 2020, USD Million
TABLE 46 North America Software-as-a-Service (SaaS) Market by Country, 2021 - 2027, USD Million
TABLE 47 North America Infrastructure-as-a-Service (IaaS) Market by Country, 2017 - 2020, USD Million
TABLE 48 North America Infrastructure-as-a-Service (IaaS) Market by Country, 2021 - 2027, USD Million
TABLE 49 North America Platform-as-a-Service (PaaS) Market by Country, 2017 - 2020, USD Million
TABLE 50 North America Platform-as-a-Service (PaaS) Market by Country, 2021 - 2027, USD Million
TABLE 51 North America Cloud Security Market by Security Type, 2017 - 2020, USD Million
TABLE 52 North America Cloud Security Market by Security Type, 2021 - 2027, USD Million
TABLE 53 North America Network Security Market by Country, 2017 - 2020, USD Million
TABLE 54 North America Network Security Market by Country, 2021 - 2027, USD Million
TABLE 55 North America Endpoint Security Market by Country, 2017 - 2020, USD Million
TABLE 56 North America Endpoint Security Market by Country, 2021 - 2027, USD Million
TABLE 57 North America Perimeter Security Market by Country, 2017 - 2020, USD Million
TABLE 58 North America Perimeter Security Market by Country, 2021 - 2027, USD Million
TABLE 59 North America Application Security Market by Country, 2017 - 2020, USD Million
TABLE 60 North America Application Security Market by Country, 2021 - 2027, USD Million
TABLE 61 North America Others Market by Country, 2017 - 2020, USD Million
TABLE 62 North America Others Market by Country, 2021 - 2027, USD Million
TABLE 63 North America Cloud Security Market by Country, 2017 - 2020, USD Million
TABLE 64 North America Cloud Security Market by Country, 2021 - 2027, USD Million
TABLE 65 US Cloud Security Market, 2017 - 2020, USD Million
TABLE 66 US Cloud Security Market, 2021 - 2027, USD Million
TABLE 67 US Cloud Security Market by Organization Size, 2017 - 2020, USD Million
TABLE 68 US Cloud Security Market by Organization Size, 2021 - 2027, USD Million
TABLE 69 US Cloud Security Market by Vertical, 2017 - 2020, USD Million
TABLE 70 US Cloud Security Market by Vertical, 2021 - 2027, USD Million
TABLE 71 US Cloud Security Market by Application, 2017 - 2020, USD Million
TABLE 72 US Cloud Security Market by Application, 2021 - 2027, USD Million
TABLE 73 US Cloud Security Market by Service Model, 2017 - 2020, USD Million
TABLE 74 US Cloud Security Market by Service Model, 2021 - 2027, USD Million
TABLE 75 US Cloud Security Market by Security Type, 2017 - 2020, USD Million
TABLE 76 US Cloud Security Market by Security Type, 2021 - 2027, USD Million
TABLE 77 Canada Cloud Security Market, 2017 - 2020, USD Million
TABLE 78 Canada Cloud Security Market, 2021 - 2027, USD Million
TABLE 79 Canada Cloud Security Market by Organization Size, 2017 - 2020, USD Million
TABLE 80 Canada Cloud Security Market by Organization Size, 2021 - 2027, USD Million
TABLE 81 Canada Cloud Security Market by Vertical, 2017 - 2020, USD Million
TABLE 82 Canada Cloud Security Market by Vertical, 2021 - 2027, USD Million
TABLE 83 Canada Cloud Security Market by Application, 2017 - 2020, USD Million
TABLE 84 Canada Cloud Security Market by Application, 2021 - 2027, USD Million
TABLE 85 Canada Cloud Security Market by Service Model, 2017 - 2020, USD Million
TABLE 86 Canada Cloud Security Market by Service Model, 2021 - 2027, USD Million
TABLE 87 Canada Cloud Security Market by Security Type, 2017 - 2020, USD Million
TABLE 88 Canada Cloud Security Market by Security Type, 2021 - 2027, USD Million
TABLE 89 Mexico Cloud Security Market, 2017 - 2020, USD Million
TABLE 90 Mexico Cloud Security Market, 2021 - 2027, USD Million
TABLE 91 Mexico Cloud Security Market by Organization Size, 2017 - 2020, USD Million
TABLE 92 Mexico Cloud Security Market by Organization Size, 2021 - 2027, USD Million
TABLE 93 Mexico Cloud Security Market by Vertical, 2017 - 2020, USD Million
TABLE 94 Mexico Cloud Security Market by Vertical, 2021 - 2027, USD Million
TABLE 95 Mexico Cloud Security Market by Application, 2017 - 2020, USD Million
TABLE 96 Mexico Cloud Security Market by Application, 2021 - 2027, USD Million
TABLE 97 Mexico Cloud Security Market by Service Model, 2017 - 2020, USD Million
TABLE 98 Mexico Cloud Security Market by Service Model, 2021 - 2027, USD Million
TABLE 99 Mexico Cloud Security Market by Security Type, 2017 - 2020, USD Million
TABLE 100 Mexico Cloud Security Market by Security Type, 2021 - 2027, USD Million
TABLE 101 Rest of North America Cloud Security Market, 2017 - 2020, USD Million
TABLE 102 Rest of North America Cloud Security Market, 2021 - 2027, USD Million
TABLE 103 Rest of North America Cloud Security Market by Organization Size, 2017 - 2020, USD Million
TABLE 104 Rest of North America Cloud Security Market by Organization Size, 2021 - 2027, USD Million
TABLE 105 Rest of North America Cloud Security Market by Vertical, 2017 - 2020, USD Million
TABLE 106 Rest of North America Cloud Security Market by Vertical, 2021 - 2027, USD Million
TABLE 107 Rest of North America Cloud Security Market by Application, 2017 - 2020, USD Million
TABLE 108 Rest of North America Cloud Security Market by Application, 2021 - 2027, USD Million
TABLE 109 Rest of North America Cloud Security Market by Service Model, 2017 - 2020, USD Million
TABLE 110 Rest of North America Cloud Security Market by Service Model, 2021 - 2027, USD Million
TABLE 111 Rest of North America Cloud Security Market by Security Type, 2017 - 2020, USD Million
TABLE 112 Rest of North America Cloud Security Market by Security Type, 2021 - 2027, USD Million
TABLE 113 Key Information – McAfee Corp.
TABLE 114 Key information – IBM Corporation
TABLE 115 key information – Microsoft Corporation
TABLE 116 Key Information – Google LLC
TABLE 117 Key Information – Amazon Web Services, Inc.
TABLE 118 Key Information – Cisco Systems, Inc.
TABLE 119 Key Information – Palo Alto Networks, Inc.
TABLE 120 Key Information – Check Point Software Technologies Ltd.
TABLE 121 Key Information – Sophos Group PLC
TABLE 122 Key Information – Trend Micro, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2017, Nov – 2022, Feb) Leading Players
FIG 5 Recent strategies and developments: McAfee Corp.
FIG 6 Recent strategies and developments: IBM CORPORATION
FIG 7 Swot analysis: IBM Corporation
FIG 8 SWOT Analysis: Microsoft Corporation
FIG 9 Recent strategies and developments: Google LLC
FIG 10 SWOT Analysis: Alphabet Inc. (Google LLC)
FIG 11 Recent strategies and developments: Amazon Web Services, Inc.
FIG 12 Recent strategies and developments: Cisco Systems, Inc.
FIG 13 SWOT Analysis: Cisco Systems, Inc.
FIG 14 Recent strategies and developments: Palo Alto Networks, Inc.
FIG 15 Recent strategies and developments: Check Point Software Technologies Ltd.
FIG 16 Recent strategies and developments: Sophos Group PLC
FIG 17 Recent strategies and developments: Trend Micro, Inc.