The North America Cybersecurity for Critical Infrastructure in Financial Sector Market would witness market growth of 5.9% CAGR during the forecast period (2024-2031).
The US market dominated the North America Cybersecurity for Critical Infrastructure in Financial Sector Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3,823.8 Million by 2031. The Canada market is experiencing a CAGR of 6.1% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 6.7% during (2024 - 2031).
The financial sector is one of the most critical and vital components of any economy, responsible for maintaining the flow of capital, managing investments, and securing assets. As digital transformations continue to reshape this sector, the increasing dependency on information technology (IT) and digital platforms exposes financial institutions to cybersecurity risks.
The applications of cybersecurity for critical infrastructure in the financial sector span a wide range of operations, each playing a key role in maintaining the integrity and security of financial systems. Critical infrastructure in this sector includes payment systems, customer data storage, online banking, trading systems, mobile applications, financial exchanges, and regulatory compliance mechanisms.
The surge in fraud losses in the USA and growing concerns over financial security in Canada are pivotal factors driving the demand for cybersecurity for critical infrastructure in the financial sector. In the USA, fraud losses reached an alarming $10 billion in 2023, marking a 14% increase from 2022, highlighting the increasing vulnerability of financial systems to cyber threats. In Canada, the rise in digital transactions, mobile banking, and e-commerce has similarly led to an increased risk of cyber threats targeting financial institutions. While Canada has not yet seen fraud losses on the scale of the USA, the financial sector is not immune to the growing challenges posed by cybercrime. Canada’s increasing reliance on digital banking and fintech platforms means that its financial systems are also at risk of fraud, data breaches, and other cyberattacks. Therefore, the rising fraud losses in the USA and the growing digital transformation of Canada’s financial sector are major drivers for the expansion of the market.
Free Valuable Insights: The Cybersecurity for Critical Infrastructure in Financial Sector Market is Predict to reach USD 14.68 Billion by 2031, at a CAGR of 6.5%
Based on Deployment Mode, the market is segmented into On-Premise, and Cloud. Based on Industry, the market is segmented into Fintech, Banking, and Insurance. Based on Component, the market is segmented into Solution, and Service. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Cisco Systems, Inc.
- IBM Corporation
- Fortinet, Inc.
- Palo Alto Networks, Inc.
- Check Point Software Technologies Ltd.
- Trend Micro, Inc.
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Broadcom, Inc.
- Schneider Electric SE
- Honeywell International, Inc.
North America Cybersecurity for Critical Infrastructure in Financial Sector Market Report Segmentation
By Deployment Mode
By Industry
- Fintech
- Banking
- Insurance
By Component
By Country
- US
- Canada
- Mexico
- Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Cybersecurity for Critical Infrastructure in Financial Sector Market, by Deployment Mode
1.4.2 North America Cybersecurity for Critical Infrastructure in Financial Sector Market, by Industry
1.4.3 North America Cybersecurity for Critical Infrastructure in Financial Sector Market, by Component
1.4.4 North America Cybersecurity for Critical Infrastructure in Financial Sector 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 Market Share Analysis, 2023
4.2 Porter Five Forces Analysis
Chapter 5. North America Cybersecurity for Critical Infrastructure in Financial Sector Market by Deployment Mode
5.1 North America On-Premise Market by Region
5.2 North America Cloud Market by Region
Chapter 6. North America Cybersecurity for Critical Infrastructure in Financial Sector Market by Industry
6.1 North America Fintech Market by Country
6.2 North America Banking Market by Country
6.3 North America Insurance Market by Country
Chapter 7. North America Cybersecurity for Critical Infrastructure in Financial Sector Market by Component
7.1 North America Solution Market by Country
7.2 North America Service Market by Country
Chapter 8. North America Cybersecurity for Critical Infrastructure in Financial Sector Market by Country
8.1 US Cybersecurity for Critical Infrastructure in Financial Sector Market
8.1.1 US Cybersecurity for Critical Infrastructure in Financial Sector Market by Deployment Mode
8.1.2 US Cybersecurity for Critical Infrastructure in Financial Sector Market by Industry
8.1.3 US Cybersecurity for Critical Infrastructure in Financial Sector Market by Component
8.2 Canada Cybersecurity for Critical Infrastructure in Financial Sector Market
8.2.1 Canada Cybersecurity for Critical Infrastructure in Financial Sector Market by Deployment Mode
8.2.2 Canada Cybersecurity for Critical Infrastructure in Financial Sector Market by Industry
8.2.3 Canada Cybersecurity for Critical Infrastructure in Financial Sector Market by Component
8.3 Mexico Cybersecurity for Critical Infrastructure in Financial Sector Market
8.3.1 Mexico Cybersecurity for Critical Infrastructure in Financial Sector Market by Deployment Mode
8.3.2 Mexico Cybersecurity for Critical Infrastructure in Financial Sector Market by Industry
8.3.3 Mexico Cybersecurity for Critical Infrastructure in Financial Sector Market by Component
8.4 Rest of North America Cybersecurity for Critical Infrastructure in Financial Sector Market
8.4.1 Rest of North America Cybersecurity for Critical Infrastructure in Financial Sector Market by Deployment Mode
8.4.2 Rest of North America Cybersecurity for Critical Infrastructure in Financial Sector Market by Industry
8.4.3 Rest of North America Cybersecurity for Critical Infrastructure in Financial Sector Market by Component
Chapter 9. Company Profiles
9.1 Cisco Systems, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional Analysis
9.1.4 Research & Development Expense
9.1.5 SWOT Analysis
9.2 IBM Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional & Segmental Analysis
9.2.4 Research & Development Expenses
9.2.5 SWOT Analysis
9.3 Fortinet, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 SWOT Analysis
9.4 Palo Alto Networks, Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expense
9.4.5 SWOT Analysis
9.5 Check Point Software Technologies Ltd.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 SWOT Analysis
9.6 Trend Micro, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental Analysis
9.6.4 SWOT Analysis
9.7 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 SWOT Analysis
9.8 Broadcom, Inc.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 SWOT Analysis
9.9 Schneider Electric SE
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expense
9.9.5 SWOT Analysis
9.10. Honeywell International, Inc.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expenses
9.10.5 SWOT Analysis
TABLE 1 North America Cybersecurity for Critical Infrastructure in Financial Sector Market, 2020 - 2023, USD Million
TABLE 2 North America Cybersecurity for Critical Infrastructure in Financial Sector Market, 2024 - 2031, USD Million
TABLE 3 North America Cybersecurity for Critical Infrastructure in Financial Sector Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 4 North America Cybersecurity for Critical Infrastructure in Financial Sector Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 5 North America On-Premise Market by Region, 2020 - 2023, USD Million
TABLE 6 North America On-Premise Market by Region, 2024 - 2031, USD Million
TABLE 7 North America Cloud Market by Region, 2020 - 2023, USD Million
TABLE 8 North America Cloud Market by Region, 2024 - 2031, USD Million
TABLE 9 North America Cybersecurity for Critical Infrastructure in Financial Sector Market by Industry, 2020 - 2023, USD Million
TABLE 10 North America Cybersecurity for Critical Infrastructure in Financial Sector Market by Industry, 2024 - 2031, USD Million
TABLE 11 North America Fintech Market by Country, 2020 - 2023, USD Million
TABLE 12 North America Fintech Market by Country, 2024 - 2031, USD Million
TABLE 13 North America Banking Market by Country, 2020 - 2023, USD Million
TABLE 14 North America Banking Market by Country, 2024 - 2031, USD Million
TABLE 15 North America Insurance Market by Country, 2020 - 2023, USD Million
TABLE 16 North America Insurance Market by Country, 2024 - 2031, USD Million
TABLE 17 North America Cybersecurity for Critical Infrastructure in Financial Sector Market by Component, 2020 - 2023, USD Million
TABLE 18 North America Cybersecurity for Critical Infrastructure in Financial Sector Market by Component, 2024 - 2031, USD Million
TABLE 19 North America Solution Market by Country, 2020 - 2023, USD Million
TABLE 20 North America Solution Market by Country, 2024 - 2031, USD Million
TABLE 21 North America Service Market by Country, 2020 - 2023, USD Million
TABLE 22 North America Service Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Cybersecurity for Critical Infrastructure in Financial Sector Market by Country, 2020 - 2023, USD Million
TABLE 24 North America Cybersecurity for Critical Infrastructure in Financial Sector Market by Country, 2024 - 2031, USD Million
TABLE 25 US Cybersecurity for Critical Infrastructure in Financial Sector Market, 2020 - 2023, USD Million
TABLE 26 US Cybersecurity for Critical Infrastructure in Financial Sector Market, 2024 - 2031, USD Million
TABLE 27 US Cybersecurity for Critical Infrastructure in Financial Sector Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 28 US Cybersecurity for Critical Infrastructure in Financial Sector Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 29 US Cybersecurity for Critical Infrastructure in Financial Sector Market by Industry, 2020 - 2023, USD Million
TABLE 30 US Cybersecurity for Critical Infrastructure in Financial Sector Market by Industry, 2024 - 2031, USD Million
TABLE 31 US Cybersecurity for Critical Infrastructure in Financial Sector Market by Component, 2020 - 2023, USD Million
TABLE 32 US Cybersecurity for Critical Infrastructure in Financial Sector Market by Component, 2024 - 2031, USD Million
TABLE 33 Canada Cybersecurity for Critical Infrastructure in Financial Sector Market, 2020 - 2023, USD Million
TABLE 34 Canada Cybersecurity for Critical Infrastructure in Financial Sector Market, 2024 - 2031, USD Million
TABLE 35 Canada Cybersecurity for Critical Infrastructure in Financial Sector Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 36 Canada Cybersecurity for Critical Infrastructure in Financial Sector Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 37 Canada Cybersecurity for Critical Infrastructure in Financial Sector Market by Industry, 2020 - 2023, USD Million
TABLE 38 Canada Cybersecurity for Critical Infrastructure in Financial Sector Market by Industry, 2024 - 2031, USD Million
TABLE 39 Canada Cybersecurity for Critical Infrastructure in Financial Sector Market by Component, 2020 - 2023, USD Million
TABLE 40 Canada Cybersecurity for Critical Infrastructure in Financial Sector Market by Component, 2024 - 2031, USD Million
TABLE 41 Mexico Cybersecurity for Critical Infrastructure in Financial Sector Market, 2020 - 2023, USD Million
TABLE 42 Mexico Cybersecurity for Critical Infrastructure in Financial Sector Market, 2024 - 2031, USD Million
TABLE 43 Mexico Cybersecurity for Critical Infrastructure in Financial Sector Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 44 Mexico Cybersecurity for Critical Infrastructure in Financial Sector Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 45 Mexico Cybersecurity for Critical Infrastructure in Financial Sector Market by Industry, 2020 - 2023, USD Million
TABLE 46 Mexico Cybersecurity for Critical Infrastructure in Financial Sector Market by Industry, 2024 - 2031, USD Million
TABLE 47 Mexico Cybersecurity for Critical Infrastructure in Financial Sector Market by Component, 2020 - 2023, USD Million
TABLE 48 Mexico Cybersecurity for Critical Infrastructure in Financial Sector Market by Component, 2024 - 2031, USD Million
TABLE 49 Rest of North America Cybersecurity for Critical Infrastructure in Financial Sector Market, 2020 - 2023, USD Million
TABLE 50 Rest of North America Cybersecurity for Critical Infrastructure in Financial Sector Market, 2024 - 2031, USD Million
TABLE 51 Rest of North America Cybersecurity for Critical Infrastructure in Financial Sector Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 52 Rest of North America Cybersecurity for Critical Infrastructure in Financial Sector Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 53 Rest of North America Cybersecurity for Critical Infrastructure in Financial Sector Market by Industry, 2020 - 2023, USD Million
TABLE 54 Rest of North America Cybersecurity for Critical Infrastructure in Financial Sector Market by Industry, 2024 - 2031, USD Million
TABLE 55 Rest of North America Cybersecurity for Critical Infrastructure in Financial Sector Market by Component, 2020 - 2023, USD Million
TABLE 56 Rest of North America Cybersecurity for Critical Infrastructure in Financial Sector Market by Component, 2024 - 2031, USD Million
TABLE 57 Key Information – Cisco Systems, Inc.
TABLE 58 Key Information – IBM Corporation
TABLE 59 Key Information – Fortinet, Inc.
TABLE 60 Key Information – Palo Alto Networks, Inc.
TABLE 61 Key Information – Check Point Software Technologies Ltd.
TABLE 62 Key Information – Trend Micro, Inc.
TABLE 63 Key Information – Huawei Technologies Co., Ltd.
TABLE 64 Key Information – Broadcom, Inc.
TABLE 65 Key Information – Schneider Electric SE
TABLE 66 Key Information – Honeywell International, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Cybersecurity for Critical Infrastructure in Financial Sector Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Cybersecurity for Critical Infrastructure in Financial Sector Market
FIG 4 Market Share Analysis, 2023
FIG 5 Porter’s Five Forces Analysis – Cybersecurity for Critical Infrastructure in Financial Sector Market
FIG 6 North America Cybersecurity for Critical Infrastructure in Financial Sector Market share by Deployment Mode, 2023
FIG 7 North America Cybersecurity for Critical Infrastructure in Financial Sector Market share by Deployment Mode, 2031
FIG 8 North America Cybersecurity for Critical Infrastructure in Financial Sector Market by Deployment Mode, 2020 - 2031, USD Million
FIG 9 North America Cybersecurity for Critical Infrastructure in Financial Sector Market share by Industry, 2023
FIG 10 North America Cybersecurity for Critical Infrastructure in Financial Sector Market share by Industry, 2031
FIG 11 North America Cybersecurity for Critical Infrastructure in Financial Sector Market by Industry, 2020 - 2031, USD Million
FIG 12 North America Cybersecurity for Critical Infrastructure in Financial Sector Market share by Component, 2023
FIG 13 North America Cybersecurity for Critical Infrastructure in Financial Sector Market share by Component, 2031
FIG 14 North America Cybersecurity for Critical Infrastructure in Financial Sector Market by Component, 2020 - 2031, USD Million
FIG 15 North America Cybersecurity for Critical Infrastructure in Financial Sector Market share by Country, 2023
FIG 16 North America Cybersecurity for Critical Infrastructure in Financial Sector Market share by Country, 2031
FIG 17 North America Cybersecurity for Critical Infrastructure in Financial Sector Market by Country, 2020 - 2031, USD Million
FIG 18 SWOT Analysis: Cisco Systems, Inc.
FIG 19 SWOT Analysis: IBM Corporation
FIG 20 SWOT Analysis: Fortinet, Inc.
FIG 21 SWOT Analysis: PALO ALTO NETWORKS, INC.
FIG 22 SWOT Analysis: CHECK POINT SOFTWARE TECHNOLOGIES LTD.
FIG 23 SWOT Analysis: Trend Micro Inc.
FIG 24 SWOT Analysis: Huawei Technologies Co., Ltd.
FIG 25 SWOT Analysis: Broadcom, Inc.
FIG 26 SWOT Analysis: Schneider Electric SE
FIG 27 Swot analysis: Honeywell international, inc.