United Kingdom Cyber Security Market By Security Type (Network Security, Endpoint Security, Cloud Security, Application Security, Content Security and Others), By Solution Type (Firewall, Antivirus & Antimalware, Risk & Compliance Management, Identity & Access Management, Data Loss Prevention, Intrusion Detection/Prevention System, Encryption & Decryption, Secure Web Gateways, Email Filtering, Others), By Deployment Mode (On-Premise and Cloud), By End-User Industry (BFSI, IT & Telecom, Defense, Energy & Power, Retail, Healthcare & Others), By Region, Competition Forecast & Opportunities, 2027

  • Industry : ICT
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  • Pages : NA
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  • Published Date : NA
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Summary

Report Description

United Kingdom cyber security market is anticipated to witness a growth of steady CAGR in the forecast period, 2023-2027. Rapid digital transformation of all prominent industry verticals and flourishing e-commerce industry are accelerating cybercrime and fraudulent activities. The rise in spending on cyber security from private and public institutions and the increase in the number of cyber-attacks and malware activities are the key factors driving the growth of the United Kingdom cybersecurity market in the forecast period. With the need to protect confidential data from unauthorized access, organizations are actively adopting cybersecurity solutions.

Increased Complexity of Cyber-attacks Drives the Market Demand

Due to the adoption of online platforms by various end-user industries, a large amount of data is generated every day, which needs to protect from unauthorized access. The rapid development of digitized services and the growing proliferation of online shopping among consumers are accelerating the rate of cybercrime activities, leading to increased spending on security by the public and private sectors. Hackers use innovative ideas to lure users, thereby increasing the complexity and intensity of cyber-attacks. Increased sophistication and complexity of cybercrime activities drive the demand for advanced security solutions among enterprises. Companies have started to consider cyber-crime as a major problem that could result in massive financial loss. The rise in the market players offering innovative solutions to organizations and the growing threat of cyber-attacks are expected to fuel the growth of the United Kingdom cybersecurity market in the forecast period.

Supportive Government Policies Boosts the Market Demand

Integrating advanced technologies such as machine learning, artificial intelligence, big data analytics, and internet of things technology in cybersecurity solutions is expected to gain huge attention in the next five years. Also, the rapid adoption of cloud-based and analytics technology is putting businesses at risk. With the rise in investments and efforts to develop the telecommunication infrastructure and deployment of 5G technology, the frequency of cyber-attacks is expected to grow in the forecast period. To combat such situations government is promoting the adoption of cybersecurity solutions. Increased focus on developing advanced cybersecurity solutions and favorable government policies is expected to propel the United Kingdom cyber security market in the next five years.

Increased Adoption of IoT Devices Supports the Market Growth

Organizations are actively installing IoT devices to enhance the operational efficiency and performance of employees, which is expected to fuel the IoT traffic in the coming five years. The widespread adoption of IoT devices by organizations has increased the risk of cyber-attacks on organizations to steal confidential information. Organizations plan to adopt advanced cybersecurity solutions to secure personal and critical information to prevent substantial financial losses. Each IoT device can process a large volume of data daily, and the users in organizations have access to multiple devices. Organizations are rapidly adopting cybersecurity solutions to inspect traffic within and outside the network and detect unauthorized access efficiently to secure such vast volumes of data generated. Increased need to secure information by organizations is expected to bolster the demand for United Kingdom cybersecurity market through the next five years. 


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Market Segmentation

The United Kingdom cyber security market is segmented into security type, solution type, deployment mode, end-user industry, regional distribution, and company. Based on security type, the market is divided into network security, endpoint security, cloud security, application security, content security and others. Based on solution type, the market is divided into firewall, antivirus & antimalware, risk & compliance management, identity & access management, data loss prevention, intrusion detection/prevention system, encryption & decryption, secure web gateways, email filtering, and others. Based on deployment mode, the market is bifurcated into on-premise and cloud. Based on the end-user industry, the market is divided into BFSI, IT & telecom, defense, energy & power, retail, healthcare & others. The United Kingdom Cyber Security market is studied in major regions namely London, Southeast, East Anglia, Scotland, Southwest, East Midlands, Yorkshire & Humberside, and Rest of United Kingdom.

Market Players

Broadcom Limited UK, Palo Alto Networks, Mcafee, LLC, Cisco Systems, Inc., Dell Technologies Inc., Fortinet Inc., BAE Systems Inc., Check Point Software Technologies Ltd., Trend Micro Incorporated (UK), International Business Machine Corporation UK, are the major market players operating in the United Kingdom cyber security market.

Attribute

Details

Base Year

2021

Historic Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

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

Report coverage

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

Segments covered

·         Security Type

·         Solution Type

·         Deployment Mode

·         End-User Industry

Regional scope

London, Southeast, East Anglia, Scotland, Southwest, East Midlands, Yorkshire & Humberside, Rest of United Kingdom

Key companies profiled

Broadcom Limited UK, Palo Alto Networks, Mcafee, LLC, Cisco Systems, Inc., Dell Technologies Inc., Fortinet Inc., BAE Systems Inc., Check Point Software Technologies Ltd., Trend Micro Incorporated (UK), International Business Machine Corporation UK

Customization scope

10% free report customization with purchase. Addition or alteration to regional & 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, United Kingdom cyber security market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         United Kingdom Cyber Security Market, By Security Type:

    • Network Security
    • Endpoint Security
    • Cloud Security
    • Application Security
    • Content Security
    • Others
  • United Kingdom Cyber Security Market, By Solution Type:
    • Firewall
    • Antivirus & Antimalware
    • Risk & Compliance Management
    • Identity & Access Management
    • Data Loss Prevention
    • Intrusion Detection/Prevention System
    • Encryption & Decryption
    • Secure Web Gateways
    • Email Filtering
    • Others
  • United Kingdom Cyber Security Market, By Deployment Mode:
    • On-Premise
    • Cloud
  • United Kingdom Cyber Security Market, By End-User Industry:
    • BFSI
    • IT & Telecom
    • Defense
    • Energy & Power
    • Retail
    • Healthcare
    • Others
  • United Kingdom Cyber Security Market, By Region:

o   London

o   Southeast

o   East Anglia

o   Scotland

o   Southwest

o   East Midlands

o   Yorkshire & Humberside

    • Rest of United Kingdom

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in United Kingdom 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).

United Kingdom 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.     Service Overview

2.    Research Methodology

3.    Impact of COVID-19 on United Kingdom Cyber Security Market

4.    Executive Summary

5.    Voice of Customers

6.    United Kingdom 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, Cloud Security, Application Security, Content Security and Others)

6.2.2.     By Solution Type (Firewall, Antivirus & Antimalware, Risk & Compliance Management, Identity & Access Management, Data Loss Prevention, Intrusion Detection/Prevention System, Encryption & Decryption, Secure Web Gateways, Email Filtering, Others)

6.2.3.     By Deployment Mode (On-Premise and Cloud)

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

6.2.5.     By Region

6.2.6.     By Company (2020)

6.3.  Product Market Map

7.    United Kingdom Network 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 Mode

7.2.3.     By End-User Industry

7.2.4.     By Region

8.    United Kingdom Endpoint 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 Mode

8.2.3.     By End-User Industry

8.2.4.     By Region

9.    United Kingdom Cloud 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 Mode

9.2.3.     By End-User Industry

9.2.4.     By Region

10.  United Kingdom Application 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 Mode

10.2.3.  By End-User Industry

10.2.4.  By Region

11.  United Kingdom Content 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 Mode

11.2.3.  By End-User Industry

11.2.4.  By Region

12.  Market Dynamics

12.1.  Drivers

12.2.  Challenges

13.  Market Trends & Developments

14.  Policy & Regulatory Landscape

15.  United Kingdom Economic Profile

16.  Company Profiles

16.1.  Broadcom Limited UK

16.2.  Palo Alto Networks

16.3.  Mcafee, LLC

16.4.  Cisco Systems, Inc.

16.5.  Dell Technologies Inc.

16.6.  Fortinet Inc.

16.7.  BAE Systems Inc.

16.8.  Check Point Software Technologies Ltd.

16.9.  Trend Micro Incorporated (UK)

16.10.            International Business Machine Corporation UK

17. Strategic Recommendations

Figures and Tables

Frequently asked questions

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Rapid digital transformation of all prominent industry verticals and flourishing e-commerce industry are driving the demand for United Kingdom cyber security market.

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Broadcom Limited UK, Palo Alto Networks, Mcafee, LLC, Cisco Systems, Inc., Dell Technologies Inc., Fortinet Inc., BAE Systems Inc., Check Point Software Technologies Ltd., Trend Micro Incorporated (UK), International Business Machine Corporation UK are the key players operating in the United Kingdom Cyber security market.

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The budget constraints of small and medium enterprises prevent them from making heavy investments in advanced cybersecurity solutions may hinder the market growth over the next five years.

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Based on security type, the market is divided into network security, endpoint security, cloud security, application security, content security and others. The network security segment is expected to hold the largest market share in the forecast period.

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Sakshi Bajaal

Principal Consultant
Press Release

United Kingdom Cyber Security Market to be dominated by BFSI industry till 2027

Apr, 2022

Ongoing technological advancements and rapid adoption of cloud-based platforms in enterprises are expected to drive the demand of the United Kingdom cyber security market throughout the forecast peri

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