Report Description

Europe cyber security market is expected to grow at an impressive rate during the forecast period. The Europe cyber security market is driven by the General Data Protection Regulation (GDPR) compliance, 2017/679 for ensuring data safety and privacy. Additionally, growing number of cyber security projects initiated by the government and major vendors operating in the market is expected to fuel the market growth through 2027.

Furthermore, the advent and widespread adoption of advanced technologies such as AI, machine learning, blockchain, among others for ensuring cyber security is expected to create lucrative opportunities for the market growth during the forecast period. Besides, growing need to monitor and manage inhouse and external threats across organizations is further expected to spur the market growth over the next few years. However, need to conform to the cyber security standards, norms and regulations can slow down the market growth through 2027.

The Europe cyber security market is segmented based on security type, solution type, deployment mode, end user industry, company, 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 application security 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.

Based on deployment mode, the market can be bifurcated into on-premises and cloud. The cloud segment is expected to dominate the market owing to the associated benefits such as scalability, flexibility, low operational costs, auto-update feature, among others. Based on end user industry, the market can be fragmented into BFSI, IT & telecom, defense, energy & power, retail, healthcare, and others. The defense segment is expected to dominate the market owing to the increasing expenditure by the government on security solutions.

The major players operating in the cyber security market are Sophos Solutions, IBM Corporation, Oracle Corporation, Micro Focus, Juniper Networks, McAfee, Cisco Systems, AVG Technologies, Dell EMC, Fortinet, and others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Objective of the Study:

  • To analyze and estimate the market size of Europe cyber security market from 2017 to 2020.
  • To estimate and forecast the market size of Europe cyber security market from 2021 to 2027 and growth rate until 2027.
  • To classify and forecast Europe cyber security market based on security type, solution type, deployment mode, end user industry, company, and regional distribution.
  • To identify dominant region or segment in the Europe cyber security market.
  • To identify drivers and challenges for Europe cyber security market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Europe cyber security market.
  • To identify and analyze the profile of leading players operating in Europe cyber security market.
  • To identify key sustainable strategies adopted by market players in Europe cyber security market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of Europe cyber security market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research. 

Key Target Audience:

  • Cyber security service provider companies
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to cyber security

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historic Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered

  • Security Type
  • Solution Type
  • Deployment Mode
  • End User Industry

Country scope

United Kingdom, France, Germany, Italy, Spain

Key companies profiled

Sophos Solutions, IBM Corporation, Oracle Corporation, Micro Focus, Juniper Networks, McAfee, Cisco Systems, AVG Technologies, Dell EMC, Fortinet

Customization scope

10% free report customization with purchase. Addition or alteration to country, & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, Europe cyber security market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Europe Cyber Security Market, By Security Type:
    • Network Security
    • Endpoint Security
    • Application Security
    • Cloud Security
    • Content Security
    • Others
  • Europe Cyber Security Market, By Solution Type:
    • Identity & Access Management
    • Risk & Compliance Management
    • Encryption & Decryption
    • Data Loss Prevention
    • Unified Threat Management
    • Firewall
    • Antivirus & Malware
    • Intrusion Detection/Prevention System
    • Infrastructure Security
    • Others
  • Europe Cyber Security Market, By Deployment Mode:
    • On-Premise
    • Cloud
  • Europe Cyber Security Market, By End User Industry:
    • BFSI
    • IT & Telecom
    • Defense
    • Energy & Power
    • Retail
    • Healthcare
    • Others
  • Europe Cyber Security Market, By Region:
    • United Kingdom
    • France
    • Germany
    • Italy
    • Spain

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Europe cyber security market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Europe cyber security market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.     Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Europe Cyber Security Market

4.    Executive Summary

5.    Voice of Customers

5.1.  Brand Awareness

5.2.  Factors Influencing Purchase Decision

5.3.  Challenges/Issues Faced Post Purchase

5.4.  Unmet needs

6.    Europe Cyber Security Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Security Type (Network Security, Endpoint Security, Application Security, Cloud Security, Content Security, Others)

6.2.2.     By Solutions Type (Identity & Access Management, Risk & Compliance Management, Encryption & Decryption, Data Loss Prevention, Unified Threat Management, Firewall, Antivirus & Malware, Intrusion Detection/Prevention System, Infrastructure Security, Others)

6.2.3.     By Deployment Mode (On-Premise v/s Cloud)

6.2.4.     By End Use Industry (BFSI, IT & Telecom, Defense, Energy & Power, Retail, Healthcare and Others)

6.2.5.     By Country

6.2.6.     By Company (2021)

6.3.  Product Market Map

7.    France Cyber Security Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Solution Type

7.2.2.     By Deployment Type

7.2.3.     By End Use Industry

8.    Germany Cyber Security Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Solution Type

8.2.2.     By Deployment Type

8.2.3.     By End Use Industry

9.    United Kingdom Cyber Security Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Solution Type

9.2.2.     By Deployment Type

9.2.3.     By End Use Industry

10.  Italy Cyber Security Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Solution Type

10.2.2.  By Deployment Type

10.2.3.  By End Use Industry

11.  Spain Cyber Security Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Solution Type

11.2.2.  By Deployment Type

11.2.3.  By End Use Industry

12.  Switzerland Cyber Security Market Outlook

12.1.              Market Size & Forecast

12.1.1.  By Value

12.2.              Market Share & Forecast

12.2.1.  By Solution Type

12.2.2.  By Deployment Type

12.2.3.  By End Use Industry

13.  Netherlands Cyber Security Market Outlook

13.1.              Market Size & Forecast

13.1.1.  By Value

13.2.              Market Share & Forecast

13.2.1.  By Solution Type

13.2.2.  By Deployment Type

13.2.3.  By End Use Industry

14.  Sweden Cyber Security Market Outlook

14.1.              Market Size & Forecast

14.1.1.  By Value

14.2.              Market Share & Forecast

14.2.1.  By Solution Type

14.2.2.  By Deployment Type

14.2.3.  By End Use Industry

15.  Russia Cyber Security Market Outlook

15.1.              Market Size & Forecast

15.1.1.  By Value

15.2.              Market Share & Forecast

15.2.1.  By Solution Type

15.2.2.  By Deployment Type

15.2.3.  By End Use Industry

16.  Belgium Cyber Security Market Outlook

16.1.              Market Size & Forecast

16.1.1.  By Value

16.2.              Market Share & Forecast

16.2.1.  By Solution Type

16.2.2.  By Deployment Type

16.2.3.  By End Use Industry

17.  Market Dynamics

17.1.  Drivers

17.2.  Challenges

18.  Market Trends & Developments

19.  Policy & Regulatory Landscape

20.  Europe Economic Profile

21.  Competitive Landscape

21.1.    Company Profiles

21.1.1.  Sophos Solutions

21.1.2.  IBM Corporation

21.1.3.  Oracle Corporation

21.1.4.  Micro Focus

21.1.5.  Juniper Networks

21.1.6.  McAfee

21.1.7.  Cisco Systems

21.1.8.  AVG Technologies

21.1.9.  Dell EMC

21.1.10.                Fortinet

22.  Strategic Recommendations

Figures and Tables

Frequently asked questions

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The rise in the number of vendors, growing cybersecurity projects initiated by government authorities, and implementation of General Data Protection Regulation (GDPR) compliance, 2017/679 are driving the growth of the Europe cyber security market.

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Sophos Solutions, IBM Corporation, Oracle Corporation, Micro Focus, Juniper Networks, McAfee, Cisco Systems, AVG Technologies, Dell EMC, Fortinet are the major market players operating in the Europe cyber security market.

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The presence of strict cybersecurity norms and regulations may hinder the growth of the Europe cyber security market.

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Based on deployment mode, the market can be bifurcated into on-premises and cloud. The cloud segment is expected to account for significant market share as they lower the operational and maintenance cost of organizations and eliminate the need to invest in capital infrastructure.

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Sakshi Bajaal

Business Consultant
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