North America IT And Telecom Cyber Security Market Size, Share & Trends Analysis Report By Deployment (On-premise and Cloud), By Component, By Enterprise Size, By Country and Growth Forecast, 2024 - 2031

The North America IT And Telecom Cyber Security Market would witness market growth of 13.3% CAGR during the forecast period (2024-2031).

The US market dominated the North America IT And Telecom Cyber Security Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $21,196.7 Million by 2031. The Canada market is experiencing a CAGR of 15.7% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 14.7% during (2024 - 2031).

The IT and telecom industries are at the core of digital transformation, driving connectivity, communication, and innovation in nearly every sector of the economy. The significance of comprehensive cyber security measures in these industries has increased exponentially as businesses and consumers become more dependent on digital platforms, cloud computing, and interconnected systems.

The rise of cyber-attacks targeting IT and telecom infrastructure has underscored the critical need for cyber security solutions that can address both existing vulnerabilities and emerging threats. Sophisticated threats such as ransomware, phishing campaigns, and Distributed Denial of Service (DDoS) attacks have become more frequent, causing widespread disruptions and financial losses.

The transition from 4G to 5G in Canada is projected to significantly boost economic growth, with telecommunications providers expected to invest $26 billion in networks by 2026. This shift to 5G is anticipated to contribute up to $40 billion annually to the Canadian economy, further emphasizing the importance of cyber security in securing critical digital infrastructure across North America. Programs like Canada’s National Cyber Security Strategy provide funding and resources to protect critical infrastructure, including IT and telecom systems. The government has also introduced measures like the Personal Information Protection and Electronic Documents Act (PIPEDA) to ensure companies adopt strong data protection practices. Therefore, the region will present lucrative growth opportunities for the market throughout the forecast period.

Free Valuable Insights: The IT And Telecom Cyber Security Market is Predict to reach USD 85.3 Billion by 2031, at a CAGR of 13.9%

Based on Deployment, the market is segmented into On-premise and Cloud. Based on Component, the market is segmented into Software, Hardware, and Services. Based on Enterprise Size, the market is segmented into Small and Medium-sized Enterprises (SMEs) and Large Enterprises. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

• Check Point Software Technologies Ltd.
• Trend Micro, Inc.
• Palo Alto Networks, Inc.
• McAfee Corp.
• Cisco Systems, Inc.
• Fortinet, Inc.
• IBM Corporation
• Microsoft Corporation
• Wipro Limited
• Infosys Limited

North America IT And Telecom Cyber Security Market Report Segmentation

By Deployment

• On-premise
• Cloud

By Component

• Software
• Hardware
• Services

By Enterprise Size

• Small and Medium-sized Enterprises (SMEs)
• Large Enterprises

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 IT And Telecom Cyber Security Market, by Deployment
1.4.2 North America IT And Telecom Cyber Security Market, by Component
1.4.3 North America IT And Telecom Cyber Security Market, by Enterprise Size
1.4.4 North America IT And Telecom Cyber 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: (Partnerships, Collaborations & Agreements: 2020, Dec – 2024, Oct) Leading Players
4.5 Porter Five Forces Analysis

Chapter 5. North America IT And Telecom Cyber Security Market by Deployment
5.1 North America On-premise Market by Region
5.2 North America Cloud Market by Region

Chapter 6. North America IT And Telecom Cyber Security Market by Component
6.1 North America Software Market by Country
6.2 North America Hardware Market by Country
6.3 North America Services Market by Country

Chapter 7. North America IT And Telecom Cyber Security Market by Enterprise Size
7.1 North America Small and Medium-sized Enterprises (SMEs) Market by Country
7.2 North America Large Enterprises Market by Country

Chapter 8. North America IT And Telecom Cyber Security Market by Country
8.1 US IT And Telecom Cyber Security Market
8.1.1 US IT And Telecom Cyber Security Market by Deployment
8.1.2 US IT And Telecom Cyber Security Market by Component
8.1.3 US IT And Telecom Cyber Security Market by Enterprise Size
8.2 Canada IT And Telecom Cyber Security Market
8.2.1 Canada IT And Telecom Cyber Security Market by Deployment
8.2.2 Canada IT And Telecom Cyber Security Market by Component
8.2.3 Canada IT And Telecom Cyber Security Market by Enterprise Size
8.3 Mexico IT And Telecom Cyber Security Market
8.3.1 Mexico IT And Telecom Cyber Security Market by Deployment
8.3.2 Mexico IT And Telecom Cyber Security Market by Component
8.3.3 Mexico IT And Telecom Cyber Security Market by Enterprise Size
8.4 Rest of North America IT And Telecom Cyber Security Market
8.4.1 Rest of North America IT And Telecom Cyber Security Market by Deployment
8.4.2 Rest of North America IT And Telecom Cyber Security Market by Component
8.4.3 Rest of North America IT And Telecom Cyber Security Market by Enterprise Size

Chapter 9. Company Profiles
9.1 Check Point Software Technologies Ltd.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.5.3 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 Trend Micro, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental Analysis
9.2.4 Recent strategies and developments:
9.2.4.1 Product Launches and Product Expansions:
9.2.5 SWOT Analysis
9.3 Palo Alto Networks, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.6 SWOT Analysis
9.4 McAfee Corp.
9.4.1 Company Overview
9.4.2 Recent strategies and developments:
9.4.2.1 Partnerships, Collaborations, and Agreements:
9.4.2.2 Product Launches and Product Expansions:
9.4.3 SWOT Analysis
9.5 Cisco Systems, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.6 SWOT Analysis
9.6 Fortinet, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.6 SWOT Analysis
9.7 IBM Corporation
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional & Segmental Analysis
9.7.4 Research & Development Expenses
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.7.6 SWOT Analysis
9.8 Microsoft Corporation
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expenses
9.8.5 Recent strategies and developments:
9.8.5.1 Partnerships, Collaborations, and Agreements:
9.8.5.2 Acquisition and Mergers:
9.8.6 SWOT Analysis
9.9 Wipro Limited
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 Recent strategies and developments:
9.9.5.1 Partnerships, Collaborations, and Agreements:
9.9.6 SWOT Analysis
9.10. Infosys Limited
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expense
9.10.5 Recent strategies and developments:
9.10.5.1 Partnerships, Collaborations, and Agreements:
9.10.6 SWOT Analysis

TABLE 1 North America IT And Telecom Cyber Security Market, 2020 - 2023, USD Million
TABLE 2 North America IT And Telecom Cyber Security Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– IT And Telecom Cyber Security Market
TABLE 4 Product Launches And Product Expansions– IT And Telecom Cyber Security Market
TABLE 5 Acquisition and Mergers– IT And Telecom Cyber Security Market
TABLE 6 North America IT And Telecom Cyber Security Market by Deployment, 2020 - 2023, USD Million
TABLE 7 North America IT And Telecom Cyber Security Market by Deployment, 2024 - 2031, USD Million
TABLE 8 North America On-premise Market by Region, 2020 - 2023, USD Million
TABLE 9 North America On-premise Market by Region, 2024 - 2031, USD Million
TABLE 10 North America Cloud Market by Region, 2020 - 2023, USD Million
TABLE 11 North America Cloud Market by Region, 2024 - 2031, USD Million
TABLE 12 North America IT And Telecom Cyber Security Market by Component, 2020 - 2023, USD Million
TABLE 13 North America IT And Telecom Cyber Security Market by Component, 2024 - 2031, USD Million
TABLE 14 North America Software Market by Country, 2020 - 2023, USD Million
TABLE 15 North America Software Market by Country, 2024 - 2031, USD Million
TABLE 16 North America Hardware Market by Country, 2020 - 2023, USD Million
TABLE 17 North America Hardware Market by Country, 2024 - 2031, USD Million
TABLE 18 North America Services Market by Country, 2020 - 2023, USD Million
TABLE 19 North America Services Market by Country, 2024 - 2031, USD Million
TABLE 20 North America IT And Telecom Cyber Security Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 21 North America IT And Telecom Cyber Security Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 22 North America Small and Medium-sized Enterprises (SMEs) Market by Country, 2020 - 2023, USD Million
TABLE 23 North America Small and Medium-sized Enterprises (SMEs) Market by Country, 2024 - 2031, USD Million
TABLE 24 North America Large Enterprises Market by Country, 2020 - 2023, USD Million
TABLE 25 North America Large Enterprises Market by Country, 2024 - 2031, USD Million
TABLE 26 North America IT And Telecom Cyber Security Market by Country, 2020 - 2023, USD Million
TABLE 27 North America IT And Telecom Cyber Security Market by Country, 2024 - 2031, USD Million
TABLE 28 US IT And Telecom Cyber Security Market, 2020 - 2023, USD Million
TABLE 29 US IT And Telecom Cyber Security Market, 2024 - 2031, USD Million
TABLE 30 US IT And Telecom Cyber Security Market by Deployment, 2020 - 2023, USD Million
TABLE 31 US IT And Telecom Cyber Security Market by Deployment, 2024 - 2031, USD Million
TABLE 32 US IT And Telecom Cyber Security Market by Component, 2020 - 2023, USD Million
TABLE 33 US IT And Telecom Cyber Security Market by Component, 2024 - 2031, USD Million
TABLE 34 US IT And Telecom Cyber Security Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 35 US IT And Telecom Cyber Security Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 36 Canada IT And Telecom Cyber Security Market, 2020 - 2023, USD Million
TABLE 37 Canada IT And Telecom Cyber Security Market, 2024 - 2031, USD Million
TABLE 38 Canada IT And Telecom Cyber Security Market by Deployment, 2020 - 2023, USD Million
TABLE 39 Canada IT And Telecom Cyber Security Market by Deployment, 2024 - 2031, USD Million
TABLE 40 Canada IT And Telecom Cyber Security Market by Component, 2020 - 2023, USD Million
TABLE 41 Canada IT And Telecom Cyber Security Market by Component, 2024 - 2031, USD Million
TABLE 42 Canada IT And Telecom Cyber Security Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 43 Canada IT And Telecom Cyber Security Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 44 Mexico IT And Telecom Cyber Security Market, 2020 - 2023, USD Million
TABLE 45 Mexico IT And Telecom Cyber Security Market, 2024 - 2031, USD Million
TABLE 46 Mexico IT And Telecom Cyber Security Market by Deployment, 2020 - 2023, USD Million
TABLE 47 Mexico IT And Telecom Cyber Security Market by Deployment, 2024 - 2031, USD Million
TABLE 48 Mexico IT And Telecom Cyber Security Market by Component, 2020 - 2023, USD Million
TABLE 49 Mexico IT And Telecom Cyber Security Market by Component, 2024 - 2031, USD Million
TABLE 50 Mexico IT And Telecom Cyber Security Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 51 Mexico IT And Telecom Cyber Security Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 52 Rest of North America IT And Telecom Cyber Security Market, 2020 - 2023, USD Million
TABLE 53 Rest of North America IT And Telecom Cyber Security Market, 2024 - 2031, USD Million
TABLE 54 Rest of North America IT And Telecom Cyber Security Market by Deployment, 2020 - 2023, USD Million
TABLE 55 Rest of North America IT And Telecom Cyber Security Market by Deployment, 2024 - 2031, USD Million
TABLE 56 Rest of North America IT And Telecom Cyber Security Market by Component, 2020 - 2023, USD Million
TABLE 57 Rest of North America IT And Telecom Cyber Security Market by Component, 2024 - 2031, USD Million
TABLE 58 Rest of North America IT And Telecom Cyber Security Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 59 Rest of North America IT And Telecom Cyber Security Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 60 Key Information – Check Point Software Technologies Ltd.
TABLE 61 Key Information – Trend Micro, Inc.
TABLE 62 Key Information – Palo Alto Networks, Inc.
TABLE 63 Key Information – McAfee Corp.
TABLE 64 Key Information – Cisco Systems, Inc.
TABLE 65 Key Information – Fortinet, Inc.
TABLE 66 Key Information – IBM Corporation
TABLE 67 Key Information – Microsoft Corporation
TABLE 68 Key Information – Wipro Limited
TABLE 69 Key Information – Infosys Limited

List of Figures
FIG 1 Methodology for the research
FIG 2 North America IT And Telecom Cyber Security Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting IT And Telecom Cyber Security Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2023
FIG 6 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 7 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Dec – 2024, Oct) Leading Players
FIG 8 Porter’s Five Forces Analysis – IT And Telecom Cyber Security Market
FIG 9 North America IT And Telecom Cyber Security Market share by Deployment, 2023
FIG 10 North America IT And Telecom Cyber Security Market share by Deployment, 2031
FIG 11 North America IT And Telecom Cyber Security Market by Deployment, 2020 - 2031, USD Million
FIG 12 North America IT And Telecom Cyber Security Market share by Component, 2023
FIG 13 North America IT And Telecom Cyber Security Market share by Component, 2031
FIG 14 North America IT And Telecom Cyber Security Market by Component, 2020 - 2031, USD Million
FIG 15 North America IT And Telecom Cyber Security Market share by Enterprise Size, 2023
FIG 16 North America IT And Telecom Cyber Security Market share by Enterprise Size, 2031
FIG 17 North America IT And Telecom Cyber Security Market by Enterprise Size, 2020 - 2031, USD Million
FIG 18 North America IT And Telecom Cyber Security Market share by Country, 2023
FIG 19 North America IT And Telecom Cyber Security Market share by Country, 2031
FIG 20 North America IT And Telecom Cyber Security Market by Country, 2020 - 2031, USD Million
FIG 21 Recent strategies and developments: CHECK POINT SOFTWARE TECHNOLOGIES LTD.
FIG 22 SWOT Analysis: CHECK POINT SOFTWARE TECHNOLOGIES LTD.
FIG 23 SWOT Analysis: Trend Micro Inc.
FIG 24 SWOT Analysis: PALO ALTO NETWORKS, INC.
FIG 25 Recent strategies and developments: McAfee Corp.
FIG 26 SWOT Analysis: McAfee Corp.
FIG 27 SWOT Analysis: Cisco Systems, Inc.
FIG 28 SWOT Analysis: Fortinet, Inc.
FIG 29 SWOT Analysis: IBM Corporation
FIG 30 Recent strategies and developments: Microsoft Corporation
FIG 31 SWOT Analysis: Microsoft Corporation
FIG 32 SWOT Analysis: Wipro Limited
FIG 33 SWOT Analysis: Infosys Limited