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Cyber Security: North American MarketsNEW YORK, Dec. 11, 2018 /PRNewswire/ -- Report Scope: Report Includes: - An overview of the North American market for cyber security - Analyses of market trends, with data from 2017 to 2018, and projections of compound annual growth rates (CAGRs) through 2023 - Characterization and quantification of North American cyber security market by country, security type, solutions, and verticals - Complete understanding of different terms such as antivirus and anti-malware, encryption and firewall - Information on password attacks and denial-of-service attacks - Company profiles of major market players, including Bae Systems Inc., Cisco Systems Inc., DXC Technology Co., IBM Corp. and Intel Corp. Summary Advancement in cloud computing, wireless communication, bring your own device (BYOD), telemedicine, IoT, and many others have generated the need of strong security measures for end users as well as service providers due to their exposure to internet-based threats.The North American cyber security market comprises companies that provide products and services to improve security measures for IT assets, data and privacy across different domains such as IT, telecom and industrial sectors. In most countries in the region, the private sector is responsible for generating the most revenue within the cyber security market; however, in the U.S., private and government spending is notably similar on cyber security spending. The cyber security market size is defined in terms of the revenue generated by suppliers and vendors in the North American market. One of the major trends that has influenced and is still predicted to influence the cyber security market in North America is BYOD).BYOD is a phenomenon followed by many organizations where employees use their personal device such as smartphones, tablets or personal laptops to connect to a network. This upward trend is evident in numerous companies.Organizations implement network access control (NAC) solutions in order to apply BYOD policies, which prevent infected devices from harming systems and networks. Numerous organizations allow personal devices to connect with the company's network, among which small and medium group enterprises lead the trend. However, the inability to secure these personal devices may result in an easy access point for hackers and internet criminals to gain access to an organization's systems. Some of the market influencing factors in the North American region are the surge in demand for cloudbased enterprise applications, the growth in digitalization and its security spending, and the surge in IoT applications and smart city projects.Security vendors in the region serve many industries such as banking, financial services and insurance (BFSI), defense and intelligence, telecom and IT, government, retail, healthcare, and others. The summary table below represents the market size and growth rates of specific industries. Read the full report: https://www.reportlinker.com/p05638980 About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 View original content:http://www.prnewswire.com/news-releases/cyber-security-north-american-markets-300763556.html SOURCE Reportlinker |