The North America Cyber Security Training Market would witness market growth of 16.0% CAGR during the forecast period (2024-2031).
The US market dominated the North America Cyber Security Training Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3,799 million by 2031. The Canada market is experiencing a CAGR of 18.6% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 17.6% during (2024 - 2031).
This training prepares individuals and organizations to defend against cyber threats. It comprises a diverse array of subjects and proficiencies that are intentionally crafted to augment consciousness regarding cyber security, advocate for optimal methodologies, and cultivate technical mastery in safeguarding digital resources.
The market is a rapidly growing sector driven by the increasing need for skilled professionals to protect organizations against cyber threats. As cyber attacks and data breaches increase in frequency, governments and businesses are becoming increasingly aware of the criticality of this training in order to mitigate risks and improve security posture. This has led to a surge in demand for cyber security training programs and services, creating a thriving market with immense growth potential.
The BFSI sector in North America is witnessing a rapid expansion, driven by factors such as digital transformation, regulatory changes, and the increasing adoption of financial technologies (FinTech). This growth has brought about a corresponding rise in cybersecurity risks, making cybersecurity training a critical priority for organizations in the BFSI sector. In Canada, bank fraud and crime are rising, and con artists now use cutting-edge phone techniques to impersonate Canadians. In 2022, the Canadian Anti-Fraud Centre gathered allegations of fraud and cybercrime with a combined total of $530 million in victim losses. Thus, the expanding BFSI sector in North America is driving the demand for cybersecurity training as organizations seek to protect themselves against cyber threats and ensure compliance with regulatory requirements.
Free Valuable Insights: The Cyber Security Training Market is Predict to reach USD 14.95 Billion by 2031, at a CAGR of 16.8%
Based on Certification, the market is segmented into Industry Standard Certifications, and Vendor Specific Certifications. Based on Target Audience, the market is segmented into Enterprises, and Individuals. Based on Training Type, the market is segmented into Online Training, Classroom Training, and Bootcamps. Based on Delivery Method, the market is segmented into Self-pace Training, Instructor-Led Training, and Blended Training. Based on Content, the market is segmented into Foundational Cybersecurity, Technical Skill Training, Compliance Training, Emerging Technologies Training, Cybersecurity Leadership & Others. Based on Industry, the market is segmented into Telecom & IT, Government/Defense, Energy, BFSI, Healthcare, Manufacturing, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By Certification
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