The North America Information Technology (IT) Security as a Service Market would witness market growth of 11.7% CAGR during the forecast period (2023-2030).
The proliferation of cyber threats, like ransomware attacks, data breaches, and sophisticated malware, has compelled organizations to rethink their cybersecurity strategies. The dynamic nature of these threats necessitates agile and advanced security solutions, driving the adoption of ITSECaaS. The widespread adoption of remote work modes and business connectivity have increased the attack surface of cyber-attacks.
IT security as a service is designed to integrate seamlessly with cloud architectures, providing robust protection for cloud-based assets. As organizations increasingly migrate their infrastructure and applications to the cloud, traditional security models face challenges adapting to cloud environments' dynamic and decentralized nature. IT security as a service is designed to integrate seamlessly with cloud architectures, providing robust protection for cloud-based assets.
Energy and utilities rely on Industrial Control Systems (ICS) for managing and controlling critical operations in Mexico. Ensuring the dependability and safety of energy and utility systems in Mexico, IT security services are vital in protecting ICS from cyber threats. The implementation of smart grid technologies for efficient energy distribution in Mexico. IT security services contribute to securing smart grids and protecting against cyber threats that can disrupt Mexico's energy grid's stability and functionality. Hence, the factors mentioned above will drive the regional market growth.
The US market dominated the North America Information Technology (IT) Security as a Service Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $8,630 million by 2030. The Canada market is experiencing a CAGR of 14.2% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 13.2% during (2023 - 2030).
Free Valuable Insights: The Information Technology (IT) Security as a Service Market is Predict to reach $37.4 Billion by 2030, at a CAGR of 12.5%
Based on End User, the market is segmented into BFSI, Education, Telecom, Healthcare, Energy & Utilities, and Others. Based on Offering, the market is segmented into Endpoint Protection, Email Encryption, Information Security, Event Monitoring, Data Loss Prevention, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Quick Heal Technologies Limited
- Trend Micro, Inc.
- Radware Ltd.
- Cisco Systems Inc.
- Broadcom, Inc.
- Cloudflare, Inc.
- Check Point Software Technologies Ltd.
- Hewlett Packard enterprise Company
- Barracuda Networks, Inc. (KKR & Co. Inc.)
- Fortinet, Inc.
North America Information Technology (IT) Security as a Service Market Report Segmentation
By End User
- BFSI
- Education
- Telecom
- Healthcare
- Energy & Utilities
- Others
By Offering
- Endpoint Protection
- Email Encryption
- Information Security
- Event Monitoring
- Data Loss Prevention
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Information Technology (IT) Security as a Service Market, by End User
1.4.2 North America Information Technology (IT) Security as a Service Market, by Offering
1.4.3 North America Information Technology (IT) Security as a Service Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.3.2 Key Strategic Move: (Mergers & Acquisition: 2019, Oct – 2023, Nov) Leading Players
4.4 Porter’s Five Forces Analysis
Chapter 5. North America Information Technology (IT) Security as a Service Market by End User
5.1 North America BFSI Market by Country
5.2 North America Education Market by Country
5.3 North America Telecom Market by Country
5.4 North America Healthcare Market by Country
5.5 North America Energy & Utilities Market by Country
5.6 North America Others Market by Country
Chapter 6. North America Information Technology (IT) Security as a Service Market by Offering
6.1 North America Endpoint Protection Market by Country
6.2 North America Email Encryption Market by Country
6.3 North America Information Security Market by Country
6.4 North America Event Monitoring Market by Country
6.5 North America Data Loss Prevention Market by Country
6.6 North America Others Market by Country
Chapter 7. North America Information Technology (IT) Security as a Service Market by Country
7.1 US Information Technology (IT) Security as a Service Market
7.1.1 US Information Technology (IT) Security as a Service Market by End User
7.1.2 US Information Technology (IT) Security as a Service Market by Offering
7.2 Canada Information Technology (IT) Security as a Service Market
7.2.1 Canada Information Technology (IT) Security as a Service Market by End User
7.2.2 Canada Information Technology (IT) Security as a Service Market by Offering
7.3 Mexico Information Technology (IT) Security as a Service Market
7.3.1 Mexico Information Technology (IT) Security as a Service Market by End User
7.3.2 Mexico Information Technology (IT) Security as a Service Market by Offering
7.4 Rest of North America Information Technology (IT) Security as a Service Market
7.4.1 Rest of North America Information Technology (IT) Security as a Service Market by End User
7.4.2 Rest of North America Information Technology (IT) Security as a Service Market by Offering
Chapter 8. Company Profiles
8.1 Quick Heal Technologies Limited
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Recent strategies and developments:
8.1.4.1 Partnerships, Collaborations, and Agreements:
8.1.4.2 Product Launches and Product Expansions:
8.1.5 SWOT Analysis
8.2 Trend Micro, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Acquisition and Mergers:
8.2.6 SWOT Analysis
8.3 Radware Ltd.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.6 SWOT Analysis
8.4 Cisco Systems, Inc.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Product Launches and Product Expansions:
8.4.5.3 Acquisition and Mergers:
8.4.6 SWOT Analysis
8.5 Broadcom, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.5.2 Acquisition and Mergers:
8.5.6 SWOT Analysis
8.6 Cloudflare, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Acquisition and Mergers:
8.6.6 SWOT Analysis
8.7 Check Point Software Technologies Ltd.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.7.5.2 Acquisition and Mergers:
8.7.6 SWOT Analysis
8.8 Hewlett Packard Enterprise Company
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Acquisition and Mergers:
8.8.6 SWOT Analysis
8.9 Barracuda Networks, Inc. (KKR & Co. Inc.)
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 SWOT Analysis
8.10. Fortinet, Inc.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Regional Analysis
8.10.4 Research & Development Expenses
8.10.5 Recent strategies and developments:
8.10.5.1 Product Launches and Product Expansions:
8.10.6 SWOT Analysis
TABLE 1 North America Information Technology (IT) Security as a Service Market, 2019 - 2022, USD Million
TABLE 2 North America Information Technology (IT) Security as a Service Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Information Technology (IT) Security as a Service Market
TABLE 4 Product Launches And Product Expansions– Information Technology (IT) Security as a Service Market
TABLE 5 Acquisition and Mergers– Information Technology (IT) Security as a Service Market
TABLE 6 North America Information Technology (IT) Security as a Service Market by End User, 2019 - 2022, USD Million
TABLE 7 North America Information Technology (IT) Security as a Service Market by End User, 2023 - 2030, USD Million
TABLE 8 North America BFSI Market by Country, 2019 - 2022, USD Million
TABLE 9 North America BFSI Market by Country, 2023 - 2030, USD Million
TABLE 10 North America Education Market by Country, 2019 - 2022, USD Million
TABLE 11 North America Education Market by Country, 2023 - 2030, USD Million
TABLE 12 North America Telecom Market by Country, 2019 - 2022, USD Million
TABLE 13 North America Telecom Market by Country, 2023 - 2030, USD Million
TABLE 14 North America Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 15 North America Healthcare Market by Country, 2023 - 2030, USD Million
TABLE 16 North America Energy & Utilities Market by Country, 2019 - 2022, USD Million
TABLE 17 North America Energy & Utilities Market by Country, 2023 - 2030, USD Million
TABLE 18 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 19 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 20 North America Information Technology (IT) Security as a Service Market by Offering, 2019 - 2022, USD Million
TABLE 21 North America Information Technology (IT) Security as a Service Market by Offering, 2023 - 2030, USD Million
TABLE 22 North America Endpoint Protection Market by Country, 2019 - 2022, USD Million
TABLE 23 North America Endpoint Protection Market by Country, 2023 - 2030, USD Million
TABLE 24 North America Email Encryption Market by Country, 2019 - 2022, USD Million
TABLE 25 North America Email Encryption Market by Country, 2023 - 2030, USD Million
TABLE 26 North America Information Security Market by Country, 2019 - 2022, USD Million
TABLE 27 North America Information Security Market by Country, 2023 - 2030, USD Million
TABLE 28 North America Event Monitoring Market by Country, 2019 - 2022, USD Million
TABLE 29 North America Event Monitoring Market by Country, 2023 - 2030, USD Million
TABLE 30 North America Data Loss Prevention Market by Country, 2019 - 2022, USD Million
TABLE 31 North America Data Loss Prevention Market by Country, 2023 - 2030, USD Million
TABLE 32 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 33 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 34 North America Information Technology (IT) Security as a Service Market by Country, 2019 - 2022, USD Million
TABLE 35 North America Information Technology (IT) Security as a Service Market by Country, 2023 - 2030, USD Million
TABLE 36 US Information Technology (IT) Security as a Service Market, 2019 - 2022, USD Million
TABLE 37 US Information Technology (IT) Security as a Service Market, 2023 - 2030, USD Million
TABLE 38 US Information Technology (IT) Security as a Service Market by End User, 2019 - 2022, USD Million
TABLE 39 US Information Technology (IT) Security as a Service Market by End User, 2023 - 2030, USD Million
TABLE 40 US Information Technology (IT) Security as a Service Market by Offering, 2019 - 2022, USD Million
TABLE 41 US Information Technology (IT) Security as a Service Market by Offering, 2023 - 2030, USD Million
TABLE 42 Canada Information Technology (IT) Security as a Service Market, 2019 - 2022, USD Million
TABLE 43 Canada Information Technology (IT) Security as a Service Market, 2023 - 2030, USD Million
TABLE 44 Canada Information Technology (IT) Security as a Service Market by End User, 2019 - 2022, USD Million
TABLE 45 Canada Information Technology (IT) Security as a Service Market by End User, 2023 - 2030, USD Million
TABLE 46 Canada Information Technology (IT) Security as a Service Market by Offering, 2019 - 2022, USD Million
TABLE 47 Canada Information Technology (IT) Security as a Service Market by Offering, 2023 - 2030, USD Million
TABLE 48 Mexico Information Technology (IT) Security as a Service Market, 2019 - 2022, USD Million
TABLE 49 Mexico Information Technology (IT) Security as a Service Market, 2023 - 2030, USD Million
TABLE 50 Mexico Information Technology (IT) Security as a Service Market by End User, 2019 - 2022, USD Million
TABLE 51 Mexico Information Technology (IT) Security as a Service Market by End User, 2023 - 2030, USD Million
TABLE 52 Mexico Information Technology (IT) Security as a Service Market by Offering, 2019 - 2022, USD Million
TABLE 53 Mexico Information Technology (IT) Security as a Service Market by Offering, 2023 - 2030, USD Million
TABLE 54 Rest of North America Information Technology (IT) Security as a Service Market, 2019 - 2022, USD Million
TABLE 55 Rest of North America Information Technology (IT) Security as a Service Market, 2023 - 2030, USD Million
TABLE 56 Rest of North America Information Technology (IT) Security as a Service Market by End User, 2019 - 2022, USD Million
TABLE 57 Rest of North America Information Technology (IT) Security as a Service Market by End User, 2023 - 2030, USD Million
TABLE 58 Rest of North America Information Technology (IT) Security as a Service Market by Offering, 2019 - 2022, USD Million
TABLE 59 Rest of North America Information Technology (IT) Security as a Service Market by Offering, 2023 - 2030, USD Million
TABLE 60 Key Information – Quick Heal Technologies Limited
TABLE 61 Key Information – Trend Micro, Inc.
TABLE 62 Key Information – Radware Ltd.
TABLE 63 Key Information – Cisco Systems, Inc.
TABLE 64 Key Information – Broadcom, Inc.
TABLE 65 Key Information – Cloudflare, Inc.
TABLE 66 Key Information – Check Point Software Technologies Ltd.
TABLE 67 Key Information – Hewlett Packard Enterprise Company
TABLE 68 Key Information – Barracuda Networks, Inc.
TABLE 69 Key Information – Fortinet, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Information Technology (IT) Security as a Service Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Information Technology (IT) Security as a Service Market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 6 Key Strategic Move: (Mergers & Acquisition : 2019, Oct – 2023, Nov) Leading Players
FIG 7 Porter’s Five Forces Analysis - Information Technology (IT) Security as a Service Market
FIG 8 North America Information Technology (IT) Security as a Service Market share by End User, 2022
FIG 9 North America Information Technology (IT) Security as a Service Market share by End User, 2030
FIG 10 North America Information Technology (IT) Security as a Service Market by End User, 2019 - 2030, USD Million
FIG 11 North America Information Technology (IT) Security as a Service Market share by Offering, 2022
FIG 12 North America Information Technology (IT) Security as a Service Market share by Offering, 2030
FIG 13 North America Information Technology (IT) Security as a Service Market by Offering, 2019 - 2030, USD Million
FIG 14 North America Information Technology (IT) Security as a Service Market share by Country, 2022
FIG 15 North America Information Technology (IT) Security as a Service Market share by Country, 2030
FIG 16 North America Information Technology (IT) Security as a Service Market by Country, 2019 - 2030, USD Million
FIG 17 SWOT Analysis: Quick Heal Technologies Limited
FIG 18 Recent strategies and developments: Trend Micro, Inc.
FIG 19 SWOT Analysis: Trend Micro Inc.
FIG 20 SWOT Analysis: Radware Ltd.
FIG 21 Recent strategies and developments: Cisco Systems, Inc.
FIG 22 SWOT Analysis: Cisco Systems, Inc.
FIG 23 Recent strategies and developments: Broadcom Inc.
FIG 24 SWOT Analysis: Broadcom, Inc.
FIG 25 SWOT Analysis: Cloudflare, Inc.
FIG 26 SWOT Analysis: CHECK POINT SOFTWARE TECHNOLOGIES LTD.
FIG 27 SWOT Analysis: Hewlett Packard Enterprise Company
FIG 28 SWOT Analysis: Barracuda Networks, Inc.
FIG 29 SWOT Analysis: Fortinet, Inc.