How big is the Canada Cybersecurity Market?

The Canada Cybersecurity Market size is expected to reach USD 12.96 billion in 2024 and grow at a CAGR of 10.99% to reach USD 21.83 billion by 2029. Read More

What is the current Canada Cybersecurity Market size?

In 2024, the Canada Cybersecurity Market size is expected to reach USD 12.96 billion. Read More

Who are the key players in Canada Cybersecurity Market?

IBM Corporation, Cisco Systems Inc., Check Point Software Technologies Ltd., Microsoft Corporation and ProofPoint, Inc are the major companies operating in the Canada Cybersecurity Market. Read More

What years does this Canada Cybersecurity Market cover, and what was the market size in 2023?

In 2023, the Canada Cybersecurity Market size was estimated at USD 11.68 billion. The report covers the Canada Cybersecurity Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Canada Cybersecurity Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Cyber Security Market in Canada - Companies, Trends & Share

Cyber Security Market in Canada Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report includes Cyber Security Demand in Canada and the Market is Segmented by offering (security type (cloud security, data security, identity access management, network security, consumer security, and infrastructure protection) and services), deployment (cloud and on-premise), and end-user (BFSI, healthcare, manufacturing, government and defense, and IT and telecommunication). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Canada Cybersecurity Industry Overview

The Canadian cybersecurity market is highly fragmented, with intense competition among the major players. The increasing cyber-attacks motivate companies to plan strategies and additions to their existing service line-ups. Companies and organizations are coming together to introduce useful and specialized courses to upskill talent and employees to address the lack of skilled cybersecurity professionals. The market also witnesses acquisitions and partnerships as strategic moves to provide improved cybersecurity solutions.

June 2022 - Proofpoint Inc announced product integration between Okta and CASB solution, enabling customers to detect and remediate suspicious logins, including more than 7,000 cloud applications operated through Okta Identity Cloud. This also covers cloud applications federated to Microsoft Active Directory and Google, catering to the enterprises' major cloud needs and assuring secure logins.
May 2022 - Check Point Software Technologies Ltd. declared the availability of cyber protection against mobile-related threats, introducing a new version of Harmony Mobile. The improved version prevents the download of malicious files, with additional security capabilities, like advanced mitigation capabilities on Samsung devices, operating system vulnerability assessment, easy-to-manage HTTPS inspection, and other features, providing a complete mobile security solution.