The Europe Cybersecurity Market Report Segments the Industry Into by Offering (Solutions, and Services), Deployment Mode (On-Premise, and Cloud), End-User Vertical (BFSI, Healthcare, IT and Telecom, Industrial and Defense, Manufacturing, Retail and E-Commerce, Energy and Utilities, Manufacturing, and Others), and End-User Enterprise Size (Small and Medium Enterprises (SMEs), and Large Enterprises). And Country.

Central & Eastern Europe Cybersecurity Market By Size, Share, Trends, Growth, Forecast 2026, Segmented By Solutions Type , By Deployment Type, By Security Type, By End Use Industry, By Country, Competition Forecast and Opportunities

Cyber Security Market Outlook

According to our latest research, the global cyber security market size reached USD 203.8 billion in 2024, reflecting robust demand for advanced security solutions across industries. Driven by the proliferation of cyber threats and stringent regulatory requirements, the market is expected to register a CAGR of 10.7% from 2025 to 2033. By the end of 2033, the cyber security market is forecasted to reach USD 510.7 billion. This remarkable growth is underpinned by increasing digital transformation initiatives, rising adoption of cloud computing, and the ever-evolving threat landscape that compels organizations to invest heavily in innovative security technologies.

One of the primary growth drivers for the cyber security market is the exponential rise in sophisticated cyber-attacks targeting both public and private sector organizations. The increasing use of advanced malware, ransomware, and phishing schemes has necessitated the deployment of robust security frameworks. Enterprises are recognizing the need to move beyond traditional security measures and invest in next-generation solutions that offer real-time threat intelligence, automated response, and predictive analytics. The growing adoption of Internet of Things (IoT) devices and the expansion of remote work environments have further broadened the attack surface, compelling organizations to prioritize cyber security as a critical business function. Regulatory mandates such as GDPR, CCPA, and other data protection laws are also fueling investments in compliance-driven security solutions, making cyber security a central pillar of enterprise risk management.

Another significant factor contributing to market expansion is the accelerated shift towards cloud-based environments. As organizations migrate their workloads to the cloud, the complexity of securing data, applications, and infrastructure increases substantially. Cloud security has become a focal point, with vendors offering specialized solutions to address multi-cloud and hybrid environments. The integration of artificial intelligence (AI) and machine learning (ML) in security platforms is enabling faster detection and mitigation of threats, thereby enhancing the overall efficacy of cyber defenses. Additionally, the emergence of zero-trust security models, which assume every user and device as a potential threat, is gaining traction among enterprises seeking to minimize risks associated with unauthorized access and insider threats.

The cyber security market is also witnessing strong growth due to the increasing digitalization of critical infrastructure sectors such as healthcare, banking, energy, and government. These sectors are high-value targets for cybercriminals due to the sensitive nature of the data they handle. The integration of operational technology (OT) and information technology (IT) systems in these sectors has created new vulnerabilities, prompting significant investments in sector-specific security solutions. Additionally, the rise of nation-state cyber warfare and politically motivated attacks has heightened the need for advanced threat detection and response capabilities. As organizations continue to embrace digital transformation, the demand for comprehensive, scalable, and adaptive security solutions will remain a key market driver.

From a regional perspective, North America continues to dominate the global cyber security market, accounting for the largest revenue share in 2024. The region’s leadership is attributed to the presence of major cyber security vendors, high digital adoption rates, and stringent regulatory frameworks. Europe follows closely, driven by robust data protection laws and increasing awareness about cyber risks. Asia Pacific is emerging as a high-growth region, fueled by rapid digitalization, increasing cyber-attacks, and rising investments in IT infrastructure. Latin America and the Middle East & Africa are also witnessing steady growth, albeit from a smaller base, as governments and enterprises ramp up their cyber security initiatives. The global landscape is characterized by a dynamic mix of mature and emerging markets, each contributing uniquely to the overall growth trajectory.

The revenue in the cybersecurity market in Europe was forecast to continuously increase between 2024 and 2029 by around ** billion euros. After the thirteenth consecutive increasing year, the indicator is estimated to exceed ** billion Euros and therefore a new peak in 2029.

Europe AI in Cybersecurity Market was valued at USD 47.61 Billion in 2023 and is expected to reach USD 98.33 Billion by 2029 with a CAGR of 12.68% during the forecast period.

The Europe cyber security market reached around USD 82.66 Billion in 2024. The market is projected to grow at a CAGR of 8.10% between 2025 and 2034 to reach nearly USD 180.12 Billion by 2034.

This statistic displays the share of spending in the cyber security market in Western Europe, by country, in 2018*. The source also provides that in 2018, it was expected that **** billion euros worth of revenue would be generated by the Western European cyber security industry. The UK was expected to account for **** percent of this spending, approximately **** billion euros.

The Europe Market for Cyber Security of Cars is Segmented by Solution (Software-based, Hardware-based, Professional Service, Integration), Security (Network Security, Application Security, Cloud Security), and Country.

The European cybersecurity market, valued at €56.96 billion in 2025, is projected to experience robust growth, driven by the increasing adoption of cloud technologies, the rising prevalence of cyber threats targeting critical infrastructure and businesses, and stringent data privacy regulations like GDPR. The market's Compound Annual Growth Rate (CAGR) of 10.81% from 2025 to 2033 indicates significant expansion. Key growth drivers include the burgeoning digital economy, escalating reliance on interconnected systems, and a heightened awareness of cybersecurity risks among organizations across diverse sectors like BFSI, healthcare, and manufacturing. The market is segmented by offering (Cloud Security, Data Security, Identity Access Management, Network Security, Consumer Security, Infrastructure Protection, Other Security Types), deployment (Cloud, On-premise), and end-user industry. The strong presence of established players like IBM, Cisco, and Palo Alto Networks, alongside innovative startups, fuels competition and innovation. Growth is expected to be particularly strong in segments focused on cloud security solutions and managed security services, reflecting the shift towards cloud-based infrastructure and the need for expert assistance in navigating complex cybersecurity landscapes. The UK, Germany, and France are expected to lead the European market due to their advanced digital infrastructure and higher cybersecurity awareness. However, challenges remain, including skills shortages in the cybersecurity workforce and the ever-evolving nature of cyber threats, requiring constant adaptation and investment. The continued growth trajectory of the European cybersecurity market is fueled by several factors. Increased government regulations and mandates promoting cybersecurity practices and data protection further stimulate market expansion. The adoption of advanced technologies like AI and machine learning in cybersecurity solutions is another key driver. These technologies improve threat detection and response capabilities, enhancing the overall security posture of organizations. While on-premise solutions will continue to hold a share, the preference for cloud-based cybersecurity is expected to increase significantly, pushing the market towards solutions with greater scalability and flexibility. The rising sophistication of cyberattacks underscores the urgency for robust cybersecurity measures, making investment in these solutions a crucial strategic imperative for businesses across all sectors. Competitive landscape analysis reveals a mix of established vendors and emerging players, leading to ongoing innovation and better solutions for businesses across Europe. Recent developments include: December 2023 - The European Union Agency for Cybersecurity (ENISA) signed a Working Arrangement with the US Cybersecurity and Infrastructure Security Agency (CISA) in capacity-building, exchanging best practices, and boosting situational awareness. It is a comprehensive arrangement that includes temporary cooperation structured activities and the development of long-term cooperation in cybersecurity policy implementation approaches to build on them., October 2023 - BT and Google Cloud announced a new partnership with Google Cloud to enhance its commitment to cybersecurity innovation. Several common innovative opportunities are set out in this new Strategic Security Partnership with Google Cloud. As part of this partnership, BT will become the managed services provider for Google's Autonomic Security Operations Service, available on Google Chronicle.. Key drivers for this market are: Increased Demand for Digitalization and Scalable IT Infrastructure, Need to Tackle Risks from Various Trends Such as Third-party Vendor Risks, the Evolution of MSSPS, and the Adoption of a Cloud-first Strategy. Potential restraints include: Increased Demand for Digitalization and Scalable IT Infrastructure, Need to Tackle Risks from Various Trends Such as Third-party Vendor Risks, the Evolution of MSSPS, and the Adoption of a Cloud-first Strategy. Notable trends are: Cloud Security to Witness Rapid Growth.

The Cyber Security Market report segments the industry into By Offering (Solutions, Services), By Deployment (On-Premise, Cloud), By End-User Industry (IT and Telecom, BFSI, Retail and E-Commerce, Oil Gas and Energy, Manufacturing, Government and Defense, Other End-user Industries), and By Geography (North America, Europe, Asia, Latin America, Middle East and Africa). Get five years of historical data and market forecasts.

Europe Cybersecurity Market size was valued at USD 44.2 Billion in 2024 and is projected to reach USD 108.5 Billion by 2031, growing at a CAGR of 11.8 % from 2024 to 2031.

The Europe cybersecurity market is driven by the growing adoption of digital transformation and rising cyber threats across industries. Increasing reliance on cloud computing, IoT, and connected devices has expanded the attack surface, necessitating advanced cybersecurity measures. Additionally, stricter regulations like GDPR and initiatives to enhance data protection are compelling organizations to invest heavily in cybersecurity solutions.

Furthermore, the surge in remote work and hybrid models has amplified vulnerabilities, driving demand for endpoint security and threat intelligence solutions. Emerging technologies like AI, machine learning, and blockchain in cybersecurity are further enhancing threat detection and prevention capabilities, contributing to market growth.

The Europe Aerospace Cyber Security Market would witness market growth of 7.9% CAGR during the forecast period (2023-2030).

The Germany market dominated the Europe Aerospace Cyber Security Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a m

The Europe Maritime Cybersecurity Market is projected to reach $3,492.9 Mn by 2033 from $972.3 Mn in 2023, growing at a CAGR of 13.64% during the period of 2023-2033.

The European physical security market, valued at €28.13 billion in 2025, is projected to experience robust growth, driven by increasing security concerns across various sectors and the rising adoption of advanced technologies. A Compound Annual Growth Rate (CAGR) of 6% from 2025 to 2033 indicates a significant expansion of this market. Key drivers include the escalating need for robust security solutions in critical infrastructure like government buildings and transportation hubs, the surge in cyber threats necessitating enhanced cybersecurity measures integrated with physical security systems, and the growing demand for cloud-based security solutions offering scalability and cost-effectiveness. Furthermore, the increasing adoption of AI-powered video analytics and biometric authentication systems is transforming the market landscape, enhancing security effectiveness and operational efficiency. While data privacy regulations and the initial investment costs associated with advanced security systems might pose some restraints, the overall market trajectory points towards significant expansion. The market segmentation reveals a strong preference for IP surveillance systems over analog, reflecting the industry's technological advancement. The growth of "as-a-service" models (ACaaS and VSaaS) underscores the increasing adoption of cloud-based solutions, offering flexible and scalable security options for businesses of all sizes. The larger enterprises segment is expected to contribute significantly to market revenue due to their greater investment capacity in comprehensive security infrastructures. The significant players in this market, including Securitas AB, Bosch Security Systems, and Dahua Technology, are constantly innovating and expanding their product and service portfolios to cater to the evolving needs of diverse industries. The robust growth is further fuelled by government initiatives promoting public safety and security, particularly within the transportation and logistics, banking, and healthcare sectors. Geographic distribution reveals strong growth potential across Western European nations, particularly in the UK, Germany, and France, reflecting higher security budgets and technological adoption rates in these regions. The continued integration of physical security with cybersecurity measures is predicted to create significant opportunities for market players, boosting the overall market value in the forecast period. Recent developments include: June 2023: Hanwha Vision launched its new bi-spectrum AI camera range, offering visual and thermal imaging capabilities. The thermal lens allows the perimeter to be monitored for suspicious activity, even in dim lighting, inclement weather, or visual obstructions. The lens also provides identification details, identifying suspicious activity, such as an intruder. This expedited detection and identification process reduces the time and cost of installing the device., May 2023 - Secom, a security integration company, invested USD 192 million in two cloud video surveillance providers, the Eagle Eye and the Brivo. Eagle Eye offers a comprehensive cloud video surveillance solution, combining cyber security, cloud video, artificial intelligence (AI), and analytics to provide businesses with a more secure and efficient way to monitor their operations. Artificial intelligence (AI) is also utilized for more sophisticated video analytics, including smart video search and smart alarms, which can detect abnormal activity or particular occurrences in video recordings.. Key drivers for this market are: Corporate Risks and Physical Security Threats, Organizations' Access Control Requirements have Grown Due to the Prevalence of Remote and Hybrid Work; The Accelerated Incorporation of Machine Learning (ML) and Artificial Intelligence (AI). Potential restraints include: Corporate Risks and Physical Security Threats, Organizations' Access Control Requirements have Grown Due to the Prevalence of Remote and Hybrid Work; The Accelerated Incorporation of Machine Learning (ML) and Artificial Intelligence (AI). Notable trends are: The Biometric System Segment is Expected to Hold a Significant Market Share.

The European cybersecurity market is projected to add more than USD 65 billion from 2024 to 2029, propelled by factors such as heightened awareness of cybersecurity risks, increasi

The Europe IT And Telecom Cyber Security Market would witness market growth of 13.7% CAGR during the forecast period (2024-2031). The Germany market dominated the Europe IT And Telecom Cyber Security Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving

Europe Cyber Security Market is expected to grow at an impressive rate during the forecast period. Cyber Security Market - Industry Size, Share, Trends, Opportunity and Forecast 2027 By Security Type (Network Security, Endpoint Security, Application Security, Cloud Security, Content Security, Others), 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), By Deployment Mode, By End Use Industry, By Company, By Region, Forecast & Opportunities, 2027

The report covers Europe Cyber Security Industry Challenges, Europe Cyber Security Industry Opportunities, Europe Cyber Security Industry Competitors, Europe Cyber Security Industry Top Players, Europe Cyber Security Industry Emerging Players.

As of October 2024, the British cybersecurity Darktrace, headquartered in Cambridge and specializing in cybersecurity AI, was the largest IT security company of European origin in terms of market capitalization, amounting to nearly **** billion U.S. dollars. Softcat, also from the United Kingdom, ranked second with a market cap of just under **** billion U.S. dollars, followed by Exclusive Networks from France and Yubico from Sweden.

Europe Cyber Security Market growth is driven by growing digitalization, cloud adoption, and remote work environments, cyber security has become a critical component of enterprise risk management and national security.