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North America Remote Work Security Market Size, Share & Trends Analysis Report By Offering (Solution and Services), By Work Model (Full Remote and Temporary Remote), By Security Type, By End User (BFSI and Others), By Country and Growth Forecast, 2024 - 2031

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    Report

  • 144 Pages
  • August 2024
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6004033
The North America Remote Work Security Market would witness market growth of 21.1% CAGR during the forecast period (2024-2031).

The US market dominated the North America Remote Work Security Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $55.45 billion by 2031. The Canada market is experiencing a CAGR of 23.4% during 2024-2031. Additionally, the Mexico market would exhibit a CAGR of 22.7% during 2024-2031.



This security is the strategies, technologies, and practices that protect information systems, data, and devices in a remote work environment. As remote work has become increasingly prevalent, especially with the rise of digital transformation and the need for flexibility, ensuring robust security measures has become crucial to safeguard against various threats and vulnerabilities.

In addition, these security applications are diverse and essential to protecting digital assets and ensuring the integrity of remote work environments. Beyond traditional VPNs, modern solutions are optimized for remote work, offering improved performance and lower latency. This includes split-tunneling capabilities that allow users to access corporate resources while accessing non-sensitive data securely. Specialized solutions focus on securing remote desktop environments, providing robust protection for remote access software, and preventing unauthorized access or data leakage from virtual desktops.

As e-commerce activities grow, there’s an increased risk of cyberattacks targeting online transactions, customer data, and business operations. This drives demand for robust these security solutions to protect sensitive information employees access from various locations. 2022 the domestic e-commerce industry was valued at USD 26.2 billion, a 23% increase from 2021, as per the International Trade Administration (ITA). Mexican e-commerce consumers numbered 63 million in 2022, representing a 5.5 million increase from 2021. In addition, media and entertainment companies deal with high-value, sensitive content like unreleased films, proprietary scripts, and exclusive media assets. As remote work becomes more prevalent, securing this sensitive content becomes critical, leading to higher demand for specialized remote work security solutions. According to Statistics Canada, the film, television, and video production sector brought in $11.3 billion in operating revenue in 2021, up 20.2% from the previous year. In conclusion, the rising e-commerce sector and the rising media & entrainment industry in the region are driving the market’s growth.

List of Key Companies Profiled

  • Cisco Systems, Inc.
  • VMware, Inc. (Broadcom Inc.)
  • Palo Alto Networks, Inc.
  • Check Point Software Technologies Ltd.
  • Trend Micro, Inc.
  • Fortinet, Inc.
  • IBM Corporation
  • Microsoft Corporation
  • Sophos Group PLC (Thoma Bravo)
  • Cloudflare, Inc.

Market Report Segmentation

By Offering

  • Solution
  • Services

By Work Model

  • Full Remote
  • Hybrid
  • Temporary Remote

Security Type

  • Endpoint & IoT Security
  • Network Security
  • Cloud Security
  • Application Security

By End User

  • BFSI
  • IT & Telecom
  • Government
  • Retail & E-Commerce
  • Education
  • Media & Entertainment
  • Others

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Remote Work Security Market, by Offering
1.4.2 North America Remote Work Security Market, by Work Model
1.4.3 North America Remote Work Security Market, by Security Type
1.4.4 North America Remote Work Security Market, by End User
1.4.5 North America Remote Work Security 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 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Mergers & Acquisition: 2020, Sep - 2024, Aug) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. North America Remote Work Security Market by Offering
5.1 North America Solution Market by Region
5.2 North America Services Market by Region
Chapter 6. North America Remote Work Security Market by Work Model
6.1 North America Full Remote Market by Country
6.2 North America Hybrid Market by Country
6.3 North America Temporary Remote Market by Country
Chapter 7. North America Remote Work Security Market by Security Type
7.1 North America Endpoint & IoT Security Market by Country
7.2 North America Network Security Market by Country
7.3 North America Cloud Security Market by Country
7.4 North America Application Security Market by Country
Chapter 8. North America Remote Work Security Market by End User
8.1 North America BFSI Market by Country
8.2 North America IT & Telecom Market by Country
8.3 North America Government Market by Country
8.4 North America Retail & E-Commerce Market by Country
8.5 North America Education Market by Country
8.6 North America Media & Entertainment Market by Country
8.7 North America Others Market by Country
Chapter 9. North America Remote Work Security Market by Country
9.1 US Remote Work Security Market
9.1.1 US Remote Work Security Market by Offering
9.1.2 US Remote Work Security Market by Work Model
9.1.3 US Remote Work Security Market by Security Type
9.1.4 US Remote Work Security Market by End User
9.2 Canada Remote Work Security Market
9.2.1 Canada Remote Work Security Market by Offering
9.2.2 Canada Remote Work Security Market by Work Model
9.2.3 Canada Remote Work Security Market by Security Type
9.2.4 Canada Remote Work Security Market by End User
9.3 Mexico Remote Work Security Market
9.3.1 Mexico Remote Work Security Market by Offering
9.3.2 Mexico Remote Work Security Market by Work Model
9.3.3 Mexico Remote Work Security Market by Security Type
9.3.4 Mexico Remote Work Security Market by End User
9.4 Rest of North America Remote Work Security Market
9.4.1 Rest of North America Remote Work Security Market by Offering
9.4.2 Rest of North America Remote Work Security Market by Work Model
9.4.3 Rest of North America Remote Work Security Market by Security Type
9.4.4 Rest of North America Remote Work Security Market by End User
Chapter 10. Company Profiles
10.1 Cisco Systems, Inc.
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Regional Analysis
10.1.4 Research & Development Expense
10.1.5 Recent strategies and developments
10.1.5.1 Partnerships, Collaborations, and Agreements
10.1.5.2 Product Launches and Product Expansions
10.1.5.3 Acquisition and Mergers
10.1.6 SWOT Analysis
10.2 VMware, Inc. (Broadcom Inc.)
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expense
10.2.5 Recent strategies and developments
10.2.5.1 Partnerships, Collaborations, and Agreements
10.2.5.2 Product Launches and Product Expansions
10.2.6 SWOT Analysis
10.3 Palo Alto Networks, Inc.
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Regional Analysis
10.3.4 Research & Development Expense
10.3.5 Recent strategies and developments
10.3.5.1 Partnerships, Collaborations, and Agreements
10.3.5.2 Acquisition and Mergers
10.3.6 SWOT Analysis
10.4 Check Point Software Technologies Ltd.
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Regional Analysis
10.4.4 Research & Development Expenses
10.4.5 Recent strategies and developments
10.4.5.1 Partnerships, Collaborations, and Agreements
10.4.5.2 Product Launches and Product Expansions
10.4.5.3 Acquisition and Mergers
10.4.6 SWOT Analysis
10.5 Trend Micro, Inc.
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental Analysis
10.5.4 Research & Development Expenses
10.5.5 Recent strategies and developments
10.5.5.1 Product Launches and Product Expansions
10.5.6 SWOT Analysis
10.6 Fortinet, Inc.
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Regional Analysis
10.6.4 Research & Development Expenses
10.6.5 Recent strategies and developments
10.6.5.1 Partnerships, Collaborations, and Agreements
10.6.5.2 Product Launches and Product Expansions
10.6.5.3 Acquisition and Mergers
10.6.6 SWOT Analysis
10.7 IBM Corporation
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Regional & Segmental Analysis
10.7.4 Research & Development Expenses
10.7.5 Recent strategies and developments
10.7.5.1 Acquisition and Mergers
10.7.6 SWOT Analysis
10.8 Microsoft Corporation
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expenses
10.8.5 Recent strategies and developments
10.8.5.1 Partnerships, Collaborations, and Agreements
10.8.5.2 Product Launches and Product Expansions
10.8.5.3 Acquisition and Mergers
10.8.6 SWOT Analysis
10.9 Sophos Group PLC (Thoma Bravo)
10.9.1 Company Overview
10.9.2 Recent strategies and developments
10.9.2.1 Acquisition and Mergers
10.9.3 SWOT Analysis
10.10. Cloudflare, Inc.
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Regional Analysis
10.10.4 Research & Development Expense
10.10.5 Recent strategies and developments
10.10.5.1 Partnerships, Collaborations, and Agreements
10.10.5.2 Acquisition and Mergers
10.10.6 SWOT Analysis

Companies Mentioned

  • Cisco Systems, Inc.
  • VMware, Inc. (Broadcom Inc.)
  • Palo Alto Networks, Inc.
  • Check Point Software Technologies Ltd.
  • Trend Micro, Inc.
  • Fortinet, Inc.
  • IBM Corporation
  • Microsoft Corporation
  • Sophos Group PLC (Thoma Bravo)
  • Cloudflare, Inc.

Methodology

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