The North America Network Security Software Market would witness market growth of 10.1% CAGR during the forecast period (2019-2025).
The growing adoption of technology has resulted in increased cyber-attacks, thefts, and data acquiring through unlawful access. The network security software helps improve data and critical information security and limits the threat of unidentified access. Since they are cost-effective, the government is increasingly adopting network security solutions. IBM partnered with Juniper Networks in January 2019 to handle the current infrastructures of Juniper Network, including data centers, assist desks, and information and speech networks. IBM would merge IBM with Watson to handle Juniper Network infrastructure in accordance with this collaboration.
North America is projected to account in the network security software market for the largest market size. It is predicted that the early implementation of network security software solutions and the existence of several vendors providing protection and mitigation of Distributed Denial of Service (DDoS) will drive market growth in the region. In the region, enterprises are increasingly implementing network security software solutions for early detection and prevention of threats.
Based on Component, the market is segmented into Solution and Services. Solutions segment is further bifurcated across Firewall, Antivirus/Antimalware, Data Loss Prevention & DDoS Mitigation, Unified Threat Management, Intrusion Detection System/Intrusion Prevention System, Network Access Control & Secure Web Gateways, Vulnerability Scanning & Sandboxing and Others. Services segment is further categorized into Integration & Deployment, Advisory & Consulting and Support & Maintenance. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium-Sized Enterprises. Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on End User, the market is segmented into Government & Public Sector, Healthcare & Life Sciences, Energy & Utilities, Aerospace & Defense, Telecom & IT, BFSI and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., SolarWinds Corporation, Symantec Corporation, FireEye, Inc., Avast PLC, Qualys, Inc., Juniper Networks, Inc., FireMon LLC, IBM Corporation and AT&T, Inc.
Market Segmentation:
By Component
By Organization Size
By Deployment Type
By End User
By Country
Companies Profiled
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