North America Data Diode Security Products Market Segments and Growth by 2027

Historic Data: 2017-2018 | Base Year: 2019 | Forecast Period: 2020-2027

North America Data Diode Security Products Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Type (Non-Ruggedized Data Diode and Ruggedized Data Diode), and Application (Government, Oil & Gas, BFSI, and Others)

Report Date : Nov 2020
Report Code : TIPRE00016361

Category : Electronics and Semiconductor
Status : Published

Available Report Formats :
No. of Pages : 90

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The data diode security products market in North America is expected to grow from US$ 76.56 million in 2019 to US$ 104.70 million by 2027; it is estimated to grow at a CAGR of 5.6% from 2020 to 2027.

The US, Canada, and Mexico are major economies in North America. Need of securing critical infrastructure is driving the North America airport data diode security products market in a positive way. At present, the business environment across all the technologically potential countries has become progressively digital, making an easy entry for cyber-attacks. Thus, the security and safety of physical assets, such as premises and hardware from physical threats, is essential. By overlooking, cyber threats can lead to severe damages to businesses and users. The critical infrastructure of any organization needs various security products in order to ensure physical protection. Numerous systems that drive critical infrastructure runs on outdated hardware or software systems. To prevent increasing threats, the infrastructures should shift from traditional security measures to advanced solutions. Critical infrastructures across several premises incorporate data diode security products, as it offers high protection for critical systems. Moreover, with data diodes security products, legacy systems can be protected without maintaining the whole operational system. Therefore, this significant advantage of this product is compelling the North America data diode security products market growth. Hence the need of securing critical infrastructure is expected to create a significant demand for data diode security products in the coming years, which would ultimately drive the data diode security products market in North America.

Further, the ongoing COVID-19 is having a very devastating impact over the North America region. North America is one of the most important regions for the adoption and growth of new digital and security technologies owing to favorable government policies to boost innovation, presence of huge industrial base, and high purchasing power especially in developed countries such as the US and Canada. Hence, any negative impact on the growth of industries is expected to affect the economic growth of the region. The US is a prominent market for data diode security products especially in oil & gas and government sectors. The huge increase in the number of confirmed cases and rising reported deaths in the country is affecting both manufacturing and sales of electronics components used in these countries thus affecting data diode security products market. The factory and business shutdowns across the US, Canada and Mexico are impacting the adoption of data diode security products market. North America is home to a large number of manufacturing and technology companies and thus the impact of coronavirus outbreak is anticipated to be quite severe in the year 2020 and likely in 2021. Hence, the ongoing COVID-19 crisis and critical situation in the US is going to impact the North America data diode security products market growth of in a negative manner for the next few quarters.

With the new features and technologies, vendors can attract new customers and expand their footprints in data diode security products market. This factor is likely to drive the North America data diode security products market. The North America data diode security products market is expected to grow at a prominent CAGR during the forecast period.

North America Data Diode Products Market

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

North America Data Diode Products Market Segmentation

North America Data Diode Products Market – By Type

Non-Ruggedized Data Diode
Ruggedized Data Diode

North America Data Diode Products Market – By Application

Government
Oil & Gas
BFSI
Others

North America Data Diode Products Market, by Country

US
Canada
Mexico

North America Data Diode Products Market - Companies Mentioned

BAE Systems
Belden Inc.
Fibersystem AB
Forcepoint
Fox-IT Holding B.V.
Owl Cyber Defense
Rohde & Schwarz GmbH & Co.

North America Data Diode Security Products Report Scope

Report Attribute	Details
Market size in 2019	US$ 76.56 Million
Market Size by 2027	US$ 104.70 Million
Global CAGR (2020 - 2027)	5.6%
Historical Data	2017-2018
Forecast period	2020-2027
Segments Covered	By Type Non-Ruggedized Data Diode and Ruggedized Data Diode By Application Government Oil & Gas BFSI
Regions and Countries Covered	North America US Canada Mexico
Market leaders and key company profiles	BAE Systems Belden Inc. Fibersystem AB Forcepoint Fox-IT Holding B.V. Owl Cyber Defense Rohde & Schwarz GmbH & Co.

Research Manager

Naveen Chittaragi

Associate Vice President,
Market Research & Consulting

Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

What are the North America Data Diode Security Products Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

North America Data Diode Security Products Market Report Snapshots

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