Europe Cyber Security Market Size, Trends & Growth Opportunity, By Type (Network Security, Cloud Security, Application Security, EndPoint Security, Wireless Network Security, and Others), By Solution (Threat Intelligence & Response, Identity & Access Management, Data Loss Prevention, Security & Vulnerability Management, Unified Threat Management, Enterprise Risk and Compliance, Managed Security, and Others), By Deployment (Cloud, and On-Premise), By Industry (Aerospace, Défense & Intelligence, BFSI, Healthcare, Manufacturing, Retail, Government, IT & Telecommunication, Others), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Report ID : IR100386 | Industries : Energy & Power | Published On :May 2024 | Page Count : 230
Europe Cyber Security Market Size, Trends & Growth Opportunity, By Type (Network Security, Cloud Security, Application Security, EndPoint Security, Wireless Network Security, and Others), By Solution (Threat Intelligence & Response, Identity & Access Management, Data Loss Prevention, Security & Vulnerability Management, Unified Threat Management, Enterprise Risk and Compliance, Managed Security, and Others), By Deployment (Cloud, and On-Premise), By Industry (Aerospace, Défense & Intelligence, BFSI, Healthcare, Manufacturing, Retail, Government, IT & Telecommunication, Others), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Europe Cyber Security Market
Europe Cyber Security Market was valued at USD 9.56 billion in 2021 and is expected to reach USD 25.61 billion by 2027, at a CAGR 14.61% from 2022-2027
Cyber security is the practice of defending servers, computers, mobile devices, networks, electronic systems, and data from malicious attacks. It is also known as information technology security (ITS) or electronic information security (EIS). The term applies in a variety of contexts, from business to mobile computing, and can be divided into a few common categories.
Market Drivers
Rising cybercrimes worldwide is one of the key driving factors which is expected to drive the Europe cyber security market growth. The rising technological advancements in sectors such as the IT industry, new security challenges are required to be addressed which will have a positive impact on the Europe cyber security market growth.
Furthermore, growing demand for cloud based cyber security solutions will propel the market growth. Moreover, increase in government initiatives and investment to reduce cybercrimes is expected to boost the market growth in forecast period.
Market Restraints
The change in cyber security standard, rules and regulation differs region to region, and is the major restraining factor hindering the expansion of cyber security market growth in Europe. Many countries have their own set of standards. This factor influences the European cyber security market.
Market Segmentation
Europe Cyber Security Market is segmented into type, deployment, industry, and region.
Based on security type, the market can be categorized into network security, endpoint security, application security, cloud security, content security and others. The solution segment is expected to register significant growth in the market during the forecast period on account of the increasing incidences of breaches targeting various business applications.
Regional Analysis
The Europe Cyber Security Market is segmented into various countries such as Germany, UK, France, Turkey, Switzerland, Norway, Sweden, Spain, Italy, Denmark, Finland, Iceland, Poland, Luxembourg, Netherlands, and Belgium.
In the United Kingdom, many people rely on the services provided by digital networks. As the dependence on cyberspace grows in the country, there is a rising need for its security, which is demanding the adoption of the cyber security market in the UK. This is leading to the growth of the UK cyber security market in the forecast period.
Market Key Players
Various key players are discussed in this report such as IBM, Dell Root 9B, Cisco Systems Inc., Palo Alto Networks, Symantec Corp, Trend Micro Inc., Fortinet Inc., FireEye Inc., Proofpoint, Check Point Software Technology Ltd., and Others.
These key players are adopting different strategies in the European region to the lucrative path towards expanding their market share. For example, in Jan 2020, Cisco opened its 1st Cyber Security Co-Innovation Centre, which is totally dedicated to cyber security and privacy in Europe.
Market Taxonomy
By Type
• Network Security
• Cloud Security
• Application Security
• Endpoint Security
• Wireless Network Security
• Others
By Solution
• Threat Intelligence & Response
• Identity & Access Management
• Data Loss Prevention
• Security & Vulnerability Management
• Unified Threat Management
• Enterprise Risk and Compliance
• Managed Security
• Others
By Deployment
• Cloud
• On-Premise
By Industry
• Aerospace, Défense & Intelligence
• BFSI
• Healthcare
• Manufacturing, Retail, Government
• IT & Telecommunication
• Others
By Country
• Germany
• UK
• France
• Turkey
• Switzerland
• Norway
• Sweden
• Spain
• Italy
• Denmark
• Finland
• Iceland
• Poland
• Luxembourg
• Netherlands
• Belgium
EUROPE Cyber Security Market TOC:
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 EUROPE Cyber Security Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 EUROPE Cyber Security Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 EUROPE Cyber Security Market Share Analysis, By Type
5.3 EUROPE Cyber Security Market Size and Forecast, By Type
5.3.1 Network Security
5.3.2 Cloud Security
5.3.3 Application Security
5.3.4 End Point Security
5.3.5 Wireless Network Security
5.3.6 Others
6 Global Cyber Security Market, By Solution
6.1 Y-o-Y Growth Comparison, By Solution
6.2 EUROPE Cyber Security Market Share Analysis, By Solution
6.3 EUROPE Cyber Security Market Size and Forecast, By Solution
6.3.1 Threat Intelligence & Response
6.3.2 Identify & Access Management
6.3.3 Data Loss Prevention
6.3.4 Security & Vulnerability Management
6.3.5 Unified Threat Management
6.3.6 Enterprise Risk & Compliance
6.3.7 Managed Security
6.3.8 Others
7 EUROPE Cyber Security Market, By Deployment
7.1 Y-o-Y Growth Comparison, By Deployment
7.2 EUROPE Cyber Security Market Share Analysis, By Deployment
7.3 EUROPE Cyber Security Market Size and Forecast, By Deployment
7.3.1 Cloud
7.3.2 On-Premise
8 EUROPE Cyber Security Market, By Industry
8.1 Y-o-Y Growth Comparison, By Industry
8.2 EUROPE Cyber Security Market Share Analysis, By Industry
8.3 EUROPE Cyber Security Market Size and Forecast, By Industry
8.3.1 Aerospace, Défense, and Intelligence
8.3.2 BFSI
8.3.3 Healthcare
8.3.4 Manufacturing, Retail & Government
8.3.5 IT & Telecommunication
8.3.6 Others
9 Cyber Security Market, By Region
9.1 Cyber Security Market Share Analysis, By EUROPE
9.2 Cyber Security Market Share Analysis, By EUROPE
9.3 Cyber Security Market Size and Forecast, By EUROPE
10 EUROPE Cyber Security Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 EUROPE Cyber Security Market Share Analysis, By Type
10.3 EUROPE Cyber Security Market Size and Forecast, By Solution
10.4 EUROPE Cyber Security Market Size and Forecast, By Deployment
10.5 EUROPE Cyber Security Market Size and Forecast, By Industry
10.6 EUROPE Cyber Security Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 UK
10.5.3 France
10.5.4 Turkey
10.5.5 Switzerland
10.5.6 Norway
10.5.7 Sweden
10.5.8 Spain
10.5.9 Italy
10.5.10 Denmark
10.5.11 Finland
10.5.12 Iceland
10.5.13 Poland
10.5.14 Luxembourg
10.5.15 Netherlands
10.5.16 Belgium
11 Competitive Analysis
11.1 Competition Dashboard
11.2 Market share Analysis of Top Vendors
11.3 Key Development Strategies
12 Company Profiles
12.1 IBM
12.1.1 Overview
12.1.2 Offerings
12.1.3 Key Financials
12.1.4 Business Segment & Geographic Overview
12.1.5 Key Market Developments
12.1.6 Key Strategies
12.2 Dell Root 9B
12.2.1 Overview
12.2.2 Offerings
12.2.3 Key Financials
12.2.4 Business Segment & Geographic Overview
12.2.5 Key Market Developments
12.2.6 Key Strategies
12.3 Cisco Systems Inc
12.3.1 Overview
12.3.2 Offerings
12.3.3 Key Financials
12.3.4 Business Segment & Geographic Overview
12.3.5 Key Market Developments
12.3.6 Key Strategies
12.4 Palo Alto Networks
12.4.1 Overview
12.4.2 Offerings
12.4.3 Key Financials
12.4.4 Business Segment & Geographic Overview
12.4.5 Key Market Developments
12.4.6 Key Strategies
12.5 Symantec Corp
12.5.1 Overview
12.5.2 Offerings
12.5.3 Key Financials
12.5.4 Business Segment & Geographic Overview
12.5.5 Key Market Developments
12.5.6 Key Strategies
12.6 Trend Micro Inc
12.6.1 Overview
12.6.2 Offerings
12.6.3 Key Financials
12.6.4 Business Segment & Geographic Overview
12.6.5 Key Market Developments
12.6.6 Key Strategies
12.7 Fortinet Inc
12.7.1 Overview
12.7.2 Offerings
12.7.3 Key Financials
12.7.4 Business Segment & Geographic Overview
12.7.5 Key Market Developments
12.7.6 Key Strategies
12.8 FireEye Inc
12.8.1 Overview
12.8.2 Offerings
12.8.3 Key Financials
12.8.4 Business Segment & Geographic Overview
12.8.5 Key Market Developments
12.8.6 Key Strategies
12.9 Proofpoint
12.9.1 Overview
12.9.2 Offerings
12.9.3 Key Financials
12.9.4 Business Segment & Geographic Overview
12.9.5 Key Market Developments
12.9.6 Key Strategies
12.10 Check Point Software Technology Ltd.
12.10.1 Overview
12.10.2 Offerings
12.10.3 Key Financials
12.10.4 Business Segment & Geographic Overview
12.10.5 Key Market Developments
12.10.6 Key Strategies