Estimates from Crime Survey for England and Wales (CSEW) on fraud and computer misuse. Also data from Home Office police recorded crime on the number of online offences recorded by the police and Action Fraud figures broken down by police force area.

These tables were formerly known as Experimental tables.

Please note: This set of tables are no longer produced. All content previously released within these tables has, or will be, redistributed among other sets of tables.

As of January 2025, the most significant data breach incident in the United Kingdom (UK) was the 2017-2018 Dixons Carphone breach. As a result of this incident, 14 million user records were affected, and 5.6 million payment card information was exposed. The Equifax data breach between 2011 and 2016 impacted over 15 million customers nationwide.

The global indicator 'Estimated Cost of Cybercrime' in the cybersecurity market was forecast to continuously increase between 2024 and 2029 by in total *** trillion U.S. dollars (+***** percent). After the eleventh consecutive increasing year, the indicator is estimated to reach ***** trillion U.S. dollars and therefore a new peak in 2029. Notably, the indicator 'Estimated Cost of Cybercrime' of the cybersecurity market was continuously increasing over the past years. Ransomware and manufacturing industry Cyberattacks remain a significant challenge for organizations worldwide, sectors such as manufacturing, finance, and insurance were the most affected by these attacks. Among the various types of cyber threats, ransomware was the most frequently detected, accounting for around ** percent of all incidents. The manufacturing industry, in particular, faced the highest number of ransomware attacks, making it the most targeted sector globally. Cybersecurity awareness and investments Organizations worldwide became increasingly aware of the dangers posed by cyberattacks, approximately ** percent of internet users became familiar terms such as with "ransomware." In response to these threats, companies invested more in cybersecurity. In 2024, the average annual increase in IT security budgets was expected to reach *** percent. In fact, for companies worldwide, enhancing the cyber resilience of their cybersecurity teams was the top spending priority in 2023.

This statistic shows the results of a 2018 survey on cyber crime committed against the manufacturing industry in the United Kingdom (UK). Of EEF members, 48 percent reported they had suffered a cyber attack in the past, with 24 percent having sustained financial or business losses due to such an attack.

This statistic illustrates the share of fraud incidents that were flagged as a cyber and non-cyber crimes in England and Wales from 2017 to 2018, by type of fraud. The highest share of cyber frauds are consumer and retails frauds, amounting to ** percent, followed by bank and credit account fraud, at ** percent.

This statistic shows the number of computer misuse fraud offences by type recorded in England and Wales in the years ending March 2017 and March 2018. Computer viruses and malware cases fell sharply from 7.2 thousand cases in the year ending March 2017, to 6.7 thousand in the year ending March 2018.

Cybercrime costs in the United Kingdom (UK) reached an estimated 51.81 billion U.S. dollars in 2024. Between 2017 and 2024, this figure has seen a significant increase. According to the latest estimates, this dynamic will continue in upcoming years, reaching approximately 98 billion U.S. dollars in cybercrime costs by 2028.

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Encryption Software Market Size 2024-2028

The encryption software market size is forecast to increase by USD 15.39 billion at a CAGR of 15.97% between 2023 and 2028.

The market is witnessing significant growth due to the increasing incorporation of artificial intelligence (AI) and machine learning (ML) technologies. The integration of these advanced technologies enhances the encryption software's ability to provide strong security solutions. Moreover, the demand for data-at-rest encryption is surging as businesses prioritize data security. The rise of quantum computing poses a challenge to traditional encryption algorithms, leading to the adoption of post-quantum cryptography. Additionally, the growing popularity of mobile device management and Internet of Things (IoT) technologies necessitates the use of encryption software to secure data transmission and storage. Software-as-a-Service (SaaS) models are also gaining traction, enabling businesses to access encryption solutions with ease and flexibility. These trends and factors are shaping the market's growth trajectory.

What will be the Size of the Encryption Software Market During the Forecast Period?

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The market is experiencing strong growth as businesses prioritize data security in the digital age. This market encompasses a range of solutions, including data loss prevention, threat intelligence, compliance automation, and data breach prevention. Encryption is integral to secure communication, cloud services, mobile device management, incident response, cybersecurity consulting, endpoint security, network security, and various cybersecurity solutions. Key trends include the increasing adoption of cloud encryption, data governance, business continuity planning, and secure data sharing. Compliance with regulations such as SOC 2, HIPAA, GDPR, and others is driving demand for encryption. Additionally, secure infrastructure, secure data processing, and secure cloud infrastructure are becoming essential for organizations seeking to mitigate risks like unauthorized access, data leakage, and vulnerability management.
Encryption software is crucial for various sectors, including healthcare, finance, and education, to protect sensitive information. It is also essential for secure messaging, password management, data backup and recovery, and access control. Encryption key management is a growing concern as organizations grapple with the complexities of managing encryption keys effectively. Overall, the market is expected to continue expanding as businesses invest in strong cybersecurity measures to protect their digital assets.

How is this Encryption Software Industry segmented and which is the largest segment?

The encryption software industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Application

  Disk encryption
  File/folder encryption
  Database encryption
  Web communication encryption
  Others


Deployment

  On-premises
  Cloud


Geography

  North America

    US


  Europe

    Germany
    UK


  APAC

    China
    India


  South America



  Middle East and Africa

By Application Insights

The disk encryption segment is estimated to witness significant growth during the forecast period. Organizations and individuals are increasingly prioritizing data security in the face of escalating cyber threats, data breaches, and identity theft. Disk encryption software, which encrypts data-at-rest, is a critical component of an effective data security strategy. Compliance with data privacy regulations, such as GDPR and HIPAA, further fuels the demand for strong encryption solutions. The financial, reputational, and legal consequences of data breaches necessitate the use of encryption to secure sensitive information. Disk encryption software, such as Dekart Srl's NIST-certified AES 256-bit solution, renders data unreadable and unusable to unauthorized parties, even if the storage device is lost, stolen, or compromised.

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The disk encryption segment was valued at USD 3.00 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 36% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The market in North America is experiencing significant growth due to escalating cyber threats, such as data breaches, ransomware attacks, and insider threats. According to the FBI's Internet Crime Complaint Center (IC3), there were 800,944 cyber-crime complaints in 2022, a 5% d

As of January 2024, about ** percent of organizations in the United Kingdom reported experiencing a data breach accident once a month. A further ** percent said they had encountered a data breach event less than once a month in the past 12 months. Meanwhile, ** percent said they had experienced a data breach incident once a week.

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Information Security Products And Services Market Size 2024-2028

The information security products and services market size is forecast to increase by USD 377.1 billion at a CAGR of 21.49% between 2023 and 2028.

The market is experiencing significant growth, driven by the increasing threat landscape and the need for advanced security solutions. Sophisticated cyber threats, such as ransomware attacks and data breaches, continue to pose a major challenge for organizations worldwide. In response, there is a growing demand for comprehensive security solutions that can protect against these complex threats. Another key trend in the market is the emergence of a unified platform for authentication solutions. With the increasing number of devices and applications, managing multiple authentication methods can be a complex and time-consuming process. A unified platform can simplify this process and improve security by providing centralized control and management. However, the market is not without challenges. The complexity of network infrastructure continues to be a significant hurdle for organizations seeking to implement effective security measures. The use of cloud services, IoT devices, and remote work arrangements have added to the complexity of network security. Companies must invest in advanced technologies, such as AI and machine learning, to effectively manage and secure their networks. In summary, the market is experiencing growth, driven by the increasing threat landscape and the need for advanced security solutions. The emergence of a unified platform for authentication solutions and the use of advanced technologies to manage complex network infrastructure are key trends in the market. However, organizations must navigate the challenges of implementing effective security measures in the face of complex network infrastructure. Companies seeking to capitalize on market opportunities and navigate challenges effectively should focus on investing in advanced security solutions and adopting a unified approach to authentication.

What will be the Size of the Information Security Products And Services Market during the forecast period?

Request Free SampleThe cybersecurity market is experiencing significant growth and transformation, driven by the increasing adoption of big data, edge computing, and e-commerce platforms. Artificial intelligence and machine learning are playing essential roles in enhancing cybersecurity solutions, particularly in the areas of intrusion prevention systems and detection. The cybersecurity ecosystem is expanding to include cloud workload security, hybrid strategies, and remote work solutions, as businesses seek to protect their digital assets. Large enterprises are investing heavily in cybersecurity to mitigate data breaches and safeguard sensitive information. The integration of technologies such as 5G, healthcare cybersecurity, automotive cybersecurity, and aviation cybersecurity is adding complexity to the cybersecurity landscape. Advanced persistent threats and cybercrime continue to pose significant risks, necessitating the development of advanced cybersecurity solutions. Cloud computing and multi-cloud strategies are becoming increasingly popular, necessitating the need for cybersecurity measures. The Internet of Things (IoT) is also expanding the attack surface, requiring new approaches to cybersecurity. Intrusion detection systems and intrusion prevention systems are critical components of the cybersecurity market, providing real-time threat detection and response capabilities. Cybersecurity transformation is a priority for businesses of all sizes, from small and medium enterprises to large corporations. The cybersecurity market is expected to continue growing as businesses seek to protect their digital assets and mitigate risks in an increasingly interconnected world.

How is this Information Security Products And Services Industry segmented?

The information security products and services industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. DeploymentOn-premisesCloudTypeHardwareSoftwareServicesGeographyNorth AmericaUSAPACChinaJapanEuropeGermanyUKSouth AmericaMiddle East and Africa

By Deployment Insights

The on-premises segment is estimated to witness significant growth during the forecast period.In today's business landscape, large enterprises prioritize enterprise risk management, recognizing the potential consequences of data leaks for stakeholders and organizational reputation. Consequently, on-premises information security solutions continue to dominate, offering heightened security compared to cloud alternatives. However, this trend is poised to shift as advancements in cloud-based information security solutions pro

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Risk Analytics Market Size 2024-2028

The risk analytics market size is estimated to grow by USD 39.55 billion at a CAGR of 11.73% between 2023 and 2028. Market growth is influenced by various factors, including the rising incidence of data breaches and security lapses among enterprises, the increasing need for stringent compliance with government regulations, and the growing complexities inherent in modern business processes. These challenges drive demand for robust security solutions and compliance frameworks, stimulating market expansion. Additionally, the escalating threat landscape underscores the criticality of adopting comprehensive security measures, further fueling market growth. The need to navigate intricate regulatory environments and protect sensitive data propels organizations to invest in advanced security solutions and compliance strategies, driving market dynamics. It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2018 to 2022.

What will be the Size of the Market During the Forecast Period?

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Market Segmentation

By Component

The market share growth by the solution segments is estimated to witness significant growth during the forecast period. The solution segment is a crucial component in the global risk analytics market. With the increasing demand for solutions that can help mitigate risks and improve overall organizational performance, the solution segment is expected to experience significant growth during the forecast period. This growth is fueled by advancements in technology, increasing data volumes, and the need for effective risk analysis and management.

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The solution segments showed a gradual increase in the market share of USD 19.06 billion in 2018. The ability to assist in the automation of processes that are not too difficult or complicated, and require a significant amount of time is one of the biggest advantages of using risk analytics solutions. Compliance management solutions, for instance, are considered to be a means of ensuring that an organization complies with applicable legislation. This allows the software to simplify compliance procedures, reduce errors and eliminate the need for costly and time-consuming manual processes.

By Deployment

The on-premises segment in the market refers to a solution that is installed and deployed on the organization's own server and managed by its IT department. To ensure that organizational policies and security standards are respected, this arrangement allows any part of a risk management system or data to be controlled by an organization. One of the most significant advantages offered by an on-premises segment is to be able to configure threat management systems in line with company-specific requirements, which allows for a more tailored solution.

By Region

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APAC is estimated to contribute 34% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Yet another significant region is North America, which dominated the market in terms of revenue share. This is due to the presence of a large number of organizations belonging to the BFSI, IT, healthcare, and other industries. Organizations belonging to these end-user industries are the major buyers of these analytics solutions in this region, as it enables cash management, payments, financial instruments, accounting, banking, risk management, and hedge accounting.

Market Dynamics and Customer Landscape

The Risk Analytics Market is witnessing significant growth due to the increasing adoption of technology in risk management. Machine Learning (ML), Big Data, and Cloud computing are key technologies driving the market. ML algorithms enable real-time analysis of vast amounts of data, helping enterprises identify and mitigate risks more effectively. Cloud deployment of risk analytics software is gaining popularity due to its flexibility and cost-effectiveness. However, on-premise solutions continue to be preferred by some enterprises due to data security concerns. Risk analytics software is used to manage both physical and operational risks. Physical risks include climate change and natural disasters, while operational risks include internal factors such as human errors, systems failures, and fraud cybercrime. Cybersecurity is a major concern for enterprises, and risk analytics software plays a crucial role in mitigating cyber risks. Security data sources, such as firewalls, intrusion detection systems, and security information and event management (SIEM) systems, provide valuable data

Snapshot img

Cyber Security Market Size 2025-2029

The cyber security market size is forecast to increase by USD 164 billion, at a CAGR of 12.5% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing use of mobile devices and the widespread adoption of IoT (Internet of Things) technologies. These trends present both opportunities and challenges for market participants. On the one hand, the growing number of connected devices creates a larger attack surface, necessitating robust cybersecurity solutions. On the other hand, this expansion offers new opportunities for innovation and revenue generation. However, the high cost of deployment remains a substantial challenge for market entrants. Implementing advanced cybersecurity measures can be expensive, particularly for small and medium-sized businesses. Furthermore, the constant evolution of cyber threats necessitates continuous investment in research and development to stay ahead of adversaries. Companies must balance the need for effective security with the financial constraints of their organizations. To capitalize on market opportunities and navigate these challenges, cybersecurity providers must focus on offering affordable, scalable solutions that can adapt to the evolving threat landscape.

What will be the Size of the Cyber Security Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free SampleIn the ever-evolving the market, entities such as cloud security, vulnerability scanning, multi-factor authentication (MFA), risk management, security awareness training, incident response, access control, disaster recovery, endpoint protection, data encryption, log management, and others continue to play crucial roles in safeguarding digital assets across various sectors. The market dynamics of this industry remain in a constant state of flux, with emerging threats and evolving attack vectors requiring continuous adaptation and innovation. Cloud security solutions are essential as businesses increasingly migrate their operations to the cloud. Vulnerability scanning tools help identify and address weaknesses in systems, while MFA adds an extra layer of protection against unauthorized access. Risk management strategies ensure organizations are prepared for potential threats, and security awareness training equips employees with the knowledge to avoid common pitfalls. Incident response plans enable swift action when breaches occur, access control policies restrict access to sensitive data, and disaster recovery plans ensure business continuity in the face of disruptions. Endpoint protection shields devices from malware and other threats, while data encryption keeps information secure. Log management and analysis help detect and respond to anomalous behavior, and artificial intelligence (AI) and machine learning (ML) technologies enhance threat intelligence and improve overall security posture. The landscape is further enriched by advanced techniques such as threat modeling, threat hunting, and purple and red teaming, which help organizations proactively identify and address vulnerabilities. Zero-day exploits, man-in-the-middle (MITM) attacks, cross-site scripting (XSS), SQL injection, denial-of-service (DoS) and distributed denial-of-service (DDoS) attacks, social engineering, and penetration testing are just some of the ongoing threats that necessitate the continuous evolution of cyber security solutions. The market is a complex and dynamic ecosystem, where entities such as PCI DSS, cyber insurance, compliance auditing, zero trust security, and threat intelligence play integral roles in maintaining security and ensuring regulatory compliance. The ongoing unfolding of market activities and evolving patterns underscore the importance of staying informed and adaptive in this ever-changing landscape.

How is this Cyber Security Industry segmented?

The cyber security industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. End-userGovernmentBFSIICTManufacturingOthersDeploymentOn-premisesCloud-basedProductSolutionServicesSectorLarge enterprisesSMEsTypeCloudEnd-point and IOTNetworkApplicationGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKAPACChinaIndiaJapanSouth AmericaBrazilRest of World (ROW)

By End-user Insights

The government segment is estimated to witness significant growth during the forecast period.The market encompasses various solutions and services, including cloud security, vulnerability scanning, multi-factor authentication, risk management, security awareness training, incident response, access control, disaster recovery, endpoint protection, data encry

Snapshot img

Public Safety Market Size 2024-2028

The public safety market size is forecast to increase by USD 26.46 billion at a CAGR of 23% between 2023 and 2028.

In the realm of public safety, the integration of advanced technologies such as video management systems and machine learning is revolutionizing the industry. The adoption of these solutions is particularly prominent in urban areas, where the need for efficient and cost-effective security measures is paramount. Local services, including law enforcement and emergency response teams, are increasingly relying on these technologies to enhance their capabilities and improve response times. One significant trend in the market is the use of AI and machine learning to analyze video footage from security cameras. These technologies enable real-time identification of potential threats, such as car collisions or suspicious activities, allowing security professionals to take swift action.

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The market is a critical sector that ensures the well-being of communities and infrastructure in the United States. This sector encompasses various aspects, including cybersecurity for infrastructure, community safety programs, and emergency response optimization. The integration of smart technology and innovative security solutions is transforming the public safety landscape. Smart technology plays a significant role in enhancing community safety. Integrated security platforms, such as data-driven policing and predictive policing, utilize advanced analytics to identify potential threats and prevent crimes before they occur. These systems collect data from various sources, including social media and video surveillance software, to provide real-time insights for law enforcement agencies.
In addition, urban security systems, including traffic management systems and backup recovery systems, are essential for ensuring community safety and optimizing safety budgets. Transportation security is a critical component of these systems, with security consulting services and biometric authentication systems ensuring the safety of travelers. Critical infrastructure cybersecurity is another crucial aspect of public safety. Threat assessment mitigation and content tagging are essential practices for securing critical infrastructure against cyber attacks. Emergency management software and emergency response optimization solutions enable faster and more effective responses to emergencies, reducing potential harm to the community. Public-private safety partnerships are increasingly becoming essential for enhancing community safety.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Deployment

  Cloud
  On-premises


Geography

  Europe

    Germany
    UK
    France
    Italy


  North America

    Canada
    US


  APAC

    China
    India
    Japan
    South Korea


  South America



  Middle East and Africa

By Deployment Insights

The cloud segment is estimated to witness significant growth during the forecast period.

Public safety agencies in the United States are turning to cloud solutions to enhance their operations and address the growing demand for efficient emergency response and transportation systems, all while managing budget constraints. These institutions require swift action to prevent and predict emergencies and improve overall performance. Cloud solutions offer a reliable alternative for managing core IT and system infrastructure, allowing public safety professionals to allocate resources toward mission-critical services. For those seeking a phased approach to migration, hexagonal cloud solutions provide a flexible option. Our portfolio caters to both PHEMIOS and Cloud platforms. The advantages of public safety cloud solutions include increased collaboration, minimal upkeep, innovative technology, better security, more flexibility, and reduced total cost. Recent product launches have fueled the demand for these solutions, making them an essential investment for public safety organizations.

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The cloud segment was valued at USD 5.50 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

Europe is estimated to contribute 45% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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In Europe, the demand for advanced publ

The crime rate of England and Wales in 2024/25 was 108.3 crimes per thousand people when fraud and computer misuse crimes were included and 87.2 when excluded. This represented one of the highest crime rates in this time period, nonetheless a decline when compared with 2022/23, when the crime rate peaked at 112.9, or 93.5, when excluding computer fraud.

There were almost 1.26 million fraud and computer misuse offences recorded in England and Wales in 2023/24, the highest in a reporting year for this provided time period.

Snapshot img

Cloud Security Solutions Market Size 2024-2028

The cloud security solutions market size is forecast to increase by USD 4.25 billion at a CAGR of 8.5% between 2023 and 2028.

The market is experiencing significant growth due to several key factors. Regulatory requirements mandating the use of security solutions to protect sensitive data are driving market expansion. Additionally, the increasing number of mobile workers necessitates robust cloud security to ensure data security and compliance. However, a lack of awareness about cloud security solutions among end-users remains a challenge. Despite this, the market is expected to continue its growth trajectory as organizations recognize the importance of securing their data In the cloud. With the increasing adoption of cloud services, the demand for advanced security solutions is on the rise. Companies are investing in innovative technologies such as artificial intelligence and machine learning to enhance their security offerings and meet the evolving needs of their customers.Overall, the market is poised for continued growth as businesses seek to protect their digital assets In the cloud.

What will be the Size of the Cloud Security Solutions Market During the Forecast Period?

Request Free SampleThe market is experiencing significant growth as businesses increasingly adopt cloud applications for enhanced productivity and user satisfaction. With the distributed nature of cloud environments, traditional legacy networking models are no longer sufficient for protecting these dynamic and flexible environments from cybercrime. Cloud security solutions have become essential for safeguarding data and ensuring compliance with various regulations. Firewalls and encryption are key components of cloud security, but they represent only the perimeter defense. Data protection and disaster recovery are equally important, as the weakest point in cloud security can often be found withIn the applications and data themselves. Cloud services offer scalability and flexibility, but they also introduce new challenges for security teams.Hybrid clouds and public clouds require specialized security solutions to ensure data security and compliance. Disaster recovery solutions are crucial for businesses that rely on cloud services for mission-critical operations. Compliance tools help organizations meet regulatory requirements and mitigate risks. As the market for cloud security solutions continues to evolve, it is essential for businesses to stay informed about the latest trends and best practices for securing their cloud environments. Protecting cloud applications and data from cyber threats is a top priority for organizations of all sizes and industries.

How is this Cloud Security Solutions Industry segmented and which is the largest segment?

The cloud security solutions industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. End-userBFSIHealthcareRetailGovernmentOthersComponentCloud IAMCloud e-mail securityCloud DLPCloud IDS/IPSCloud SIEMGeographyNorth AmericaUSEuropeGermanyUKAPACChinaJapanMiddle East and AfricaSouth America

By End-user Insights

The bfsi segment is estimated to witness significant growth during the forecast period.

The BFSI sector, including banking, financial services, and insurance, has experienced a significant increase in web-based attacks over the past few years. Hackers exploit vulnerabilities in cloud applications and legacy networking models to gain unauthorized access, disrupt systems, and steal sensitive data. With the rise of online transactions and payments, security risks have escalated, particularly In the payment card industry where individual consumers are heavily engaged. Cybercriminals seek to steal money, harm capital markets, and compromise user data. Cloud security solutions are essential to protect these environments from evolving threats. Firewalls, encryption, access controls, and compliance tools are critical components of a robust cloud security strategy.Flexibility and scalability are also important considerations for cloud services, ensuring business continuity and customer trust. Data protection, disaster recovery, and legal compliance are key concerns for both individual and enterprise clients. Cloud providers must prioritize security, implementing best practices and adhering to technology protocols to safeguard their clients' data and maintain user satisfaction.

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The BFSI segment was valued at USD 1.5 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 44% to the growth of th

As of February 2025, the largest fine issued for violation of the General Data Protection Regulation (GDPR) in the United Kingdom (UK) was more than 22 million euros, received by British Airways in October 2020. Another fine received by Marriott International Inc. in the same month was the second-highest in the UK and amounted to over 20 million euros.