The North America Insider Threat Protection Market should witness market growth of 16.6% CAGR during the forecast period (2023-2030).
Insider threats are any current or former employees, contractors, business partners, or other individuals who have access to sensitive information and company IT systems and may harm the company. Policies, procedures, and technology that help prevent or lessen the effects of privilege misuse can be used to handle insider risks.
The aggressive investments made by governments and companies to create reliable threat intelligence solutions, as well as the rising need for managed and expert security services, are both responsible for the market expansion. In order to keep sensitive information safe from unauthorized disclosure, organizations are putting in place data access control measures, including establishing a security culture and enhancing employee and contractor screening. The risk of confidential information being accessed by authorized parties can be reduced by setting such procedures.
Safety and security in Mexico are still top priorities for individuals, businesses, and state governments due to the recent rise in violent crime as well as continued supply chain threats. Almost all family and business budgets include money for security. Some experts estimated that the private security services sector contributed 2% of the GDP in 2021 and employed more than 600,000. The factors that influence expenditure on safety and security include the growth of crime, the scarcity of public security resources, increased efforts made by the private sector to protect assets, and a rise in civic engagement. Therefore, the region presents lucrative growth prospects for the market.
The US market dominated the North America Insider Threat Protection Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $3,020.5 Million by 2030. The Canada market is poised to grow at a CAGR of 19.3% during (2023-2030). Additionally, The Mexico market should witness a CAGR of 18.2% during (2023-2030).
Based on Component, the market is segmented into Software, and Services. Based on Vertical, the market is segmented into BFSI, Healthcare & Lifesciences, Manufacturing, IT & Telecom, Retail & Ecommerce, Government & Defense, Energy & Utilities, and Others. Based on Organization size, the market is segmented into Large Enterprises, and SMEs. Based on Deployment Mode, the market is segmented into Cloud, and On-premise. 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, Microsoft Corporation, Broadcom, Inc., VMware, Inc., Citrix Systems, Inc. (Cloud Software Group, Inc.), Kaspersky Lab, Ivanti, Inc. (Clearlake Capital Group, L.P.), Micro Focus International PLC (Open Text Corporation), Zoho Corporation Pvt. Ltd. and McAfee Corp.
Insider threats are any current or former employees, contractors, business partners, or other individuals who have access to sensitive information and company IT systems and may harm the company. Policies, procedures, and technology that help prevent or lessen the effects of privilege misuse can be used to handle insider risks.
The aggressive investments made by governments and companies to create reliable threat intelligence solutions, as well as the rising need for managed and expert security services, are both responsible for the market expansion. In order to keep sensitive information safe from unauthorized disclosure, organizations are putting in place data access control measures, including establishing a security culture and enhancing employee and contractor screening. The risk of confidential information being accessed by authorized parties can be reduced by setting such procedures.
Safety and security in Mexico are still top priorities for individuals, businesses, and state governments due to the recent rise in violent crime as well as continued supply chain threats. Almost all family and business budgets include money for security. Some experts estimated that the private security services sector contributed 2% of the GDP in 2021 and employed more than 600,000. The factors that influence expenditure on safety and security include the growth of crime, the scarcity of public security resources, increased efforts made by the private sector to protect assets, and a rise in civic engagement. Therefore, the region presents lucrative growth prospects for the market.
The US market dominated the North America Insider Threat Protection Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $3,020.5 Million by 2030. The Canada market is poised to grow at a CAGR of 19.3% during (2023-2030). Additionally, The Mexico market should witness a CAGR of 18.2% during (2023-2030).
Based on Component, the market is segmented into Software, and Services. Based on Vertical, the market is segmented into BFSI, Healthcare & Lifesciences, Manufacturing, IT & Telecom, Retail & Ecommerce, Government & Defense, Energy & Utilities, and Others. Based on Organization size, the market is segmented into Large Enterprises, and SMEs. Based on Deployment Mode, the market is segmented into Cloud, and On-premise. 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, Microsoft Corporation, Broadcom, Inc., VMware, Inc., Citrix Systems, Inc. (Cloud Software Group, Inc.), Kaspersky Lab, Ivanti, Inc. (Clearlake Capital Group, L.P.), Micro Focus International PLC (Open Text Corporation), Zoho Corporation Pvt. Ltd. and McAfee Corp.
Scope of the Study
By Component
- Software
- Services
By Vertical
- BFSI
- Healthcare & Lifesciences
- Manufacturing
- IT & Telecom
- Retail & Ecommerce
- Government & Defense
- Energy & Utilities
- Others
By Organization size
- Large Enterprises
- SMEs
By Deployment Mode
- Cloud
- On-premise
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Cisco Systems, Inc
- Microsoft Corporation
- Broadcom, Inc.
- VMware, Inc.
- Citrix Systems, Inc. (Cloud Software Group, Inc.)
- Kaspersky Lab
- Ivanti, Inc. (Clearlake Capital Group, L.P.)
- Micro Focus International PLC (Open Text Corporation)
- Zoho Corporation Pvt. Ltd.
- McAfee Corp.
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- Exhaustive coverage
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Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. North America Insider Threat Protection Market by Component
Chapter 5. North America Insider Threat Protection Market by Vertical
Chapter 6. North America Insider Threat Protection Market by Organization size
Chapter 7. North America Insider Threat Protection Market by Deployment Mode
Chapter 8. North America Insider Threat Protection Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- Cisco Systems, Inc
- Microsoft Corporation
- Broadcom, Inc.
- VMware, Inc.
- Citrix Systems, Inc. (Cloud Software Group, Inc.)
- Kaspersky Lab
- Ivanti, Inc. (Clearlake Capital Group, L.P.)
- Micro Focus International PLC (Open Text Corporation)
- Zoho Corporation Pvt. Ltd.
- McAfee Corp.
Methodology
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