Canada Cybersecurity Market to 2032
Overview
The Canada Cybersecurity Market is expected to reach a 14.66 USD Billion by 2032 and is projected to grow at a CAGR of 10.40% from 2025 to 2032.
Revenue, 2024 (USD Billion)
7.33
Forecast, 2032 (USD Billion)
14.66
CAGR, 2024 - 2032
10.40%
Report Coverage
Canada
Canada Cybersecurity Market 2018-2032 USD Billion
Canada Cybersecurity Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 7.33 USD Billion
- Projected Market Size (2032): 14.66 USD Billion
- CAGR (2025-2032): 10.40%
Key Findings of Canada Cybersecurity Market
- The Canada Cybersecurity Market was valued at 7.33 USD Billion in 2024.
- The Canada Cybersecurity Market is likely to grow at a CAGR of 10.40% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Cloud in Deployment Model Segment accounted for the largest share of the market with a revenue of 4.60 USD Billion
- The fastest growing segment IT in Verticals Segment grew Fastest with a CAGR of 11.20% during the forecast period from 2024 to 2032.
Canada Cybersecurity Market Scope
Canada Cybersecurity Market Segmentation & Scope
Application
- Unified Vulnerability Management Service Offering
- Others
- Governance Risk & Compliance
- Data Security & Privacy Service Offering
- Identity & Access Management
Type of Threat
- Others
- Denial-of-Service (DOS)
- Zero-Day Exploits
- Man-in-the-Middle (MITM) Attacks
- Distributed Denial-of-Service Attacks (DDOS)
- Malware
Security Type
- Others
- Endpoint Security
- Cloud Security
- Application Security
- Network Security
- Infrastructure Security
Components
- Solutions/Software
- Service
Verticals
- Public Sector
- Energy & Utilities
- Healthcare
- Retail
- Automotive
- Others
- Manufacturing
- BFSI
- Telecom
- IT
Deployment Model
- On-Premise
- Cloud
Enterprise Size
- SMES
- Large Enterprise
Canada Cybersecurity Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2023 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 7.33 USD Billion |
| Market Value in 2032 | 14.66 USD Billion |
| CAGR (2025-2032) | 10.40% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Type of Threat,Security Type,Components,Verticals,Deployment Model,Enterprise Size |
Regional Insights:
-
Leading Market (2024-2032): Canada, leading in terms of revenue 7.33 USD Billion in 2024
- Key Country: Canada, leading in terms of revenue with value of 7,334.68 USD Million in 2024.
Segments and Scope
-
Canada Cybersecurity Market to 2032, By Application
- Identity & Access Management is the largest segment in Canada Cybersecurity Market to 2032 with a revenue of 2.48 USD Billion in the year 2024.
- Identity & Access Management is the Fastest growing segment in Canada Cybersecurity Market to 2032 with a Growth rate of 10.83 % in forecast period 2025-2032.
-
Canada Cybersecurity Market to 2032, By Type of Threat
- Malware is the largest segment in Canada Cybersecurity Market to 2032 with a revenue of 2.79 USD Billion in the year 2024.
- Malware is the Fastest growing segment in Canada Cybersecurity Market to 2032 with a Growth rate of 10.75 % in forecast period 2025-2032.
-
Canada Cybersecurity Market to 2032, By Security Type
- Infrastructure Security is the largest segment in Canada Cybersecurity Market to 2032 with a revenue of 2.43 USD Billion in the year 2024.
- Infrastructure Security is the Fastest growing segment in Canada Cybersecurity Market to 2032 with a Growth rate of 10.81 % in forecast period 2025-2032.
-
Canada Cybersecurity Market to 2032, By Components
- Service is the largest segment in Canada Cybersecurity Market to 2032 with a revenue of 4.47 USD Billion in the year 2024.
- Service is the Fastest growing segment in Canada Cybersecurity Market to 2032 with a Growth rate of 10.79 % in forecast period 2025-2032.
-
Canada Cybersecurity Market to 2032, By Verticals
- IT is the largest segment in Canada Cybersecurity Market to 2032 with a revenue of 1.95 USD Billion in the year 2024.
- IT is the Fastest growing segment in Canada Cybersecurity Market to 2032 with a Growth rate of 11.20 % in forecast period 2025-2032.
-
Canada Cybersecurity Market to 2032, By Deployment Model
- Cloud is the largest segment in Canada Cybersecurity Market to 2032 with a revenue of 4.60 USD Billion in the year 2024.
- Cloud is the Fastest growing segment in Canada Cybersecurity Market to 2032 with a Growth rate of 10.62 % in forecast period 2025-2032.
-
Canada Cybersecurity Market to 2032, By Enterprise Size
- Large Enterprise is the largest segment in Canada Cybersecurity Market to 2032 with a revenue of 4.52 USD Billion in the year 2024.
- Large Enterprise is the Fastest growing segment in Canada Cybersecurity Market to 2032 with a Growth rate of 10.78 % in forecast period 2025-2032.
Canada Cybersecurity Market Company Share Analysis
| Company Name |
|
||
| Microsoft | |||
| IBM Corporation | |||
| Cisco Systems, Inc. | |||
| Palo Alto Networks | |||
| Fortinet, Inc. | |||
Canada Cybersecurity Market Geographical Sales Distribution, 2018-2032 USD Billion
Canada Cybersecurity Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Canada Cybersecurity Market is segmented based on Segmentation Application,Type of Threat,Security Type,Components,Verticals,Deployment Model,Enterprise Size.
Canada Cybersecurity Market was valued at USD 7.33(Revenue in USD Billion) in 2023.
Canada Cybersecurity Market is projected to grow at a CAGR of 10.40% during the forecast period of 2024 to 2032.
The Cloud segment is expected to dominate the Canada Cybersecurity Market, holding a largest market share of 4.60 USD Billion in 2024
Canada Cybersecurity Market Scope
Canada Cybersecurity Market Segmentation & Scope
Application
- Unified Vulnerability Management Service Offering
- Others
- Governance Risk & Compliance
- Data Security & Privacy Service Offering
- Identity & Access Management
Type of Threat
- Others
- Denial-of-Service (DOS)
- Zero-Day Exploits
- Man-in-the-Middle (MITM) Attacks
- Distributed Denial-of-Service Attacks (DDOS)
- Malware
Security Type
- Others
- Endpoint Security
- Cloud Security
- Application Security
- Network Security
- Infrastructure Security
Components
- Solutions/Software
- Service
Verticals
- Public Sector
- Energy & Utilities
- Healthcare
- Retail
- Automotive
- Others
- Manufacturing
- BFSI
- Telecom
- IT
Deployment Model
- On-Premise
- Cloud
Enterprise Size
- SMES
- Large Enterprise
Frequently Asked Questions
The Canada Cybersecurity Market is segmented based on Segmentation Application,Type of Threat,Security Type,Components,Verticals,Deployment Model,Enterprise Size.
Canada Cybersecurity Market was valued at USD 7.33(Revenue in USD Billion) in 2023.
Canada Cybersecurity Market is projected to grow at a CAGR of 10.40% during the forecast period of 2024 to 2032.
The estimated market value of the Canada Cybersecurity Market for final year is USD 14.66 (USD Billion).
Canada Cybersecurity Market Company Profiling
Frequently Asked Questions
The Canada Cybersecurity Market is segmented based on Segmentation Application,Type of Threat,Security Type,Components,Verticals,Deployment Model,Enterprise Size.
Canada Cybersecurity Market was valued at USD 7.33(Revenue in USD Billion) in 2023.
Canada Cybersecurity Market is projected to grow at a CAGR of 10.40% during the forecast period of 2024 to 2032.
The estimated market value of the Canada Cybersecurity Market for final year is USD 14.66 (USD Billion).
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