The North America Digital Risk Protection Market would witness market growth of 18.7% CAGR during the forecast period (2023-2030).
The US market dominated the North America Digital Risk Protection Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $57,817.8 million by 2030. The Canada market is experiencing a CAGR of 21.4% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 20.3% during (2023 - 2030).
In the face of increasingly sophisticated cyber threats and regulatory pressures, organizations are shifting from reactive security measures to proactive risk management strategies. Digital risk protection solutions adopt predictive analytics, threat intelligence, and machine learning capabilities to anticipate and mitigate emerging threats before they escalate into significant incidents. By proactively detecting and managing digital hazards, organizations may improve their resistance to cyber threats and lessen the impact on their operations and reputation.
Additionally, insider threats, including malicious insiders and negligent employees, pose significant risks to organizations’ sensitive data and intellectual property. As organizations adopt remote work models and cloud-based collaboration tools, insider threats are becoming more challenging to detect and mitigate. Consequently, there is a growing focus on insider threat detection and prevention capabilities within digital risk protection solutions. These capabilities include user behavior analytics, data loss prevention (DLP), and privileged access management (PAM) to proactively identify and mitigate insider threats.
The International Trade Administration projects that Mexico’s cybersecurity industry will generate US$3.19 billion in revenue by 2028, growing at an annual rate of 8.11%. Mexico faces a growing cybersecurity threat landscape characterized by increased cyber-attacks, data breaches, and malicious activities targeting organizations across various sectors. Hence, the factors mentioned above will drive the regional market growth.
Free Valuable Insights: The Digital Risk Protection Market is Predict to reach USD 224.2 Billion by 2030, at a CAGR of 19.5%
Based on Offering, the market is segmented into Solution (Incident Response, Phishing Detection, Automate Threat Mitigation, Supply Chain Security, App Protection, Brand Protection, and Others), and Services. 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 Vertical, the market is segmented into IT & ITeS, BFSI, Government, Healthcare, Retail & eCommerce, Media & Entertainment, and Others. Based on Security Type, the market is segmented into Cloud Security, Network Security, Endpoint Security, and Application Security. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By Offering
By Organization Size
By Deployment Mode
By Vertical
By Security Type
By Country
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