Key Findings
The North America adaptive security market is set to record a CAGR of 12.28% during the projected period, 2020-2028. The region also has the largest market share as of 2019, which is estimated to continue until the end of the forecast period. Such market prospects are attributed to the investments made by the companies in the region for incorporating AI for internal business operations, since it will further result in the increased deployment of adaptive security solutions.
Market Insights
The North America adaptive security market is assessed based on the market analysis of the United States and Canada. Canada recorded a substantial number of cyber incidents, despite being a smaller market. The cybercrime is on the rise in Canada, and as pet statistics, cybercrime is perceived as a potential threat to the country. This results in immense growth opportunities for the market players for investing in innovative solutions.
The North American region is considered to be the most pro-active region with regard to cyber-security based initiatives. The market region announced an investment of USD 450 million across all the industries. Many companies and security solution providers have the opportunity to invest and develop solutions to suit consumer demands. It is also estimated that the market players will leverage technology to enhance the customer experience, along with implementing effective end-point security measures.
Competitive Insights
The increasing investments by the eminent market players impact the revenue growth prospects of the market. Some of the prominent market players in the market are IBM, Cisco Systems Inc, Aruba Networks, Symantec Corporation, Fortinet Inc, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation cater to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments