U.S. Cyber Security Market Size & Outlook, 2023-2030
U.S. cyber security market, 2018-2030 (US$M)
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U.S. cyber security market highlights
- The U.S. cyber security market generated a revenue of USD 67,687.4 million in 2023 and is expected to reach USD 135,335.6 million by 2030.
- The U.S. market is expected to grow at a CAGR of 10.4% from 2024 to 2030.
- In terms of segment, services was the largest revenue generating component in 2023.
- Hardware is the most lucrative component segment registering the fastest growth during the forecast period.
Cyber security market data book summary
| Market revenue in 2023 | USD 67,687.4 million |
| Market revenue in 2030 | USD 135,335.6 million |
| Growth rate | 10.4% (CAGR from 2023 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Hardware |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | BAE Systems PLC, Broadcom Inc, Check Point Software Technologies Ltd, Cisco Systems Inc, Fortinet Inc, International Business Machines Corp, Lockheed Martin Corp, LogRhythm, McAfee, Palo Alto Networks Inc, Proofpoint, Sophos, Trend Micro Inc |
Other key industry trends
- In terms of revenue, U.S. accounted for 30.4% of the global cyber security market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. cyber security market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 21,132.7 million by 2030.
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Cyber Security Market Scope
Cyber Security Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. cyber security market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cyber security market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 57.68% in 2023. Horizon Databook has segmented the U.S. cyber security market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. cyber security market is expected to grow at a significant pace owing to the increasing expenditure of the government on improving the cybersecurity infrastructure of the country. The government is also focusing on introducing policies that support, encourage, and mandate organizations in the country to adopt cybersecurity measures.
In November 2018, the Cybersecurity and Infrastructure Security Agency Act of 2018 was signed. This landmark legislation, aimed at accelerating the mission of the former National Protection and Programs Directorate (NPPD) within DHS, established the Cybersecurity and Infrastructure Security Agency (CISA).
The CISA primarily works with the federal government to provide cybersecurity tools, incident response services, and assessment capabilities to safeguard government networks and focus on protecting national capabilities from cyberattacks.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. cyber security market , including forecasts for subscribers. This country databook contains high-level insights into U.S. cyber security market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. cyber security market size, by component, 2018-2030 (US$M)
U.S. Cyber Security Market Outlook Share, 2023 & 2030 (US$M)
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