Europe Cyber Security Market analysis and forecast to 2023: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit How the European cyber security market is positioned? The Cyber Security Market in Europe is currently at its growth stage. The cyber security market has been categorized into two sub-categories which includes security and solutions. In terms of revenue, Europe cyber security market size was witnessed to increase from USD ~ billion in the year 2013 to USD ~ billion in 2018P, therefore showcasing a CAGR of ~% over the review period 2013-2018P. Rising cyber crimes in Central and Eastern parts of Europe along with developments in complex and multi layered attacks used by the attackers and increasing internet penetration rate has been complimenting the size of this industry. The sophisticated threat scenario coupled with the growth in Retail and ICT Sector in Europe will lead to an increase in the cyber crimes resulting in a significant growth in the demand for Cyber Security and Solutions. The market also witnessed an incline towards digitization, leading to adoption of technologies such as AI and Machine learning capabilities, which in turn will shift the focus of organizations towards protecting the sanctity of data. Expanding services portfolio of major players and aggressive marketing strategies have helped the revenue to grow at a CAGR of ~% during the review period. Competition within the European cyber security market was observed to be fragmented with the presence of multiple domestic players as well as Start-ups along with major players such as CISCO, AVAST, Kaspersky, Symantec, Check point and various others. The domestic market of cyber security in Europe is leading the market share by holding ~ percentage of revenue while imported services holds ~ percent. There is fierce competition in the market as the players look forward to earn the trust and loyalty of the customer. Europe Cyber Security Market Segmentations By Imported & Domestic Services and Solution The Domestic services and solutions in Europe cyber security market has clearly established themselves as the market leader by capturing a massive revenue share of ~% in the year 2018 owing to entry of a large no Start-ups and Domestic players, along with International cyber security companies in Europe such as Check Point, CISCO, Symantec Corporation, Kaspersky and others who have established their operations in Europe itself. They were followed by the imported services and solutions with respective revenue shares of ~% in the European cyber security market in 2018. By Type of Solutions The Firewall Solutions established themselves as the market leader by capturing a massive revenue share of ~% in 2018, providing a multiple layer protection throughout the consumer Systems. The companies holding the highest share in terms of highest firewall sold in Europe includes Cisco, Fortinet and Several others. By End Users The Banking & Finance End user segment within Europe was observed to dominate the country’s cyber security market by capturing a massive revenue share of ~ percent, in the year 2018 owing to the high vulnerability of the banking sector to the cyber threats given the nature of data that they hold which is highly confidential. Government Sector along with IT and Telecom sector also holds a high share due to the risks associated with their operations and the affect cyber attacks can create on them. Energy sector, retail sector and Healthcare network also contribute majorly towards the Cyber security market as they share their networks with various entities, hence making them vulnerable to attacks. By Type of Security Network security segment within Europe was observed to dominate the country’s cyber security market by capturing a massive revenue share of ~% in the year 2018 owing to the increased demand for the solutions such as Firewall, UTM. End-Point and Mobile security segments collectively captured the ~ percent revenue share in the Europe cyber security market in the year 2018 due to high demand from organizations to safeguard their operations and increase in BYOD culture. Major Challenges In European Cyber Security Market The main challenge in cyber security is the complexity it adds to the daily operations of an organization or on an individual level. These difficulties faced by organizations are driving the demand for more sophisticated solutions which are not easy to obtain. Along with the complexities faced by the organizations, the solutions offered by vendors may not be compatible with an organization’s existing setup, as they may be outdated or not compatible with new age solutions, an average large enterprise may use more than 70 different tools from variety of vendors, which leads to confusion and problems in deployment at various points of time. Another major problem which Europe faces is the lack of Educational path towards STEM subjects, which in turn doesn’t provide qualified and experienced workforce, leading to hindrance in the growth of cyber security in Europe. The fragmented competition coming from better-funded Israeli and US players, adds to the complexities, faced by the players, operating in Europe. Additional cost of deployment is a major concern for SMEs and seeing as large numbers of SMEs work in Europe, it is difficult to tap the market usually. Competitive Landscape In Europe Cyber Security Market Competition within the Europe cyber security market is fragmented with the presence of both international as well as domestic players coupled with Start-ups providing services and solutions in the country. Some of major companies such as CISCO, Check Point software Technologies, Symantec Corporation were witnessed to lead in terms of market share, followed by IBM, BAE Systems, Kaspersky, Fortinet, CMC Corporation and others. Europe, cyber security companies are gaining momentum in the country due to the increase in the awareness about the cyber crimes in the country and initiatives taken by government. Incline towards digitization and development in new age technologies has leaded to increase in exposure towards cyber crimes. Cyber security companies are adopting a certain combination of strong distribution network and innovative mid-price models along with added features to provide a value-add to the end user. These companies are offering multiple value added services such as advisory Services, implementation services, managed Services, onsite technical services, remote operational services, and many more. For more information on the research report, refer to below link: Europe Cyber Security Market Related Reports Middle East Cyber Security Market Outlook to 2022 – By Solutions (Firewall, Intrusion Detection System, Antivirus, Identity and Access Management, Encryption, Data Loss Prevention, Unidentified Threat Management, Disaster Recovery) and By Region Middle East Electronic Security Market Outlook to 2022 – By Monitoring and Surveillance (CCTV, Access Control and Intruder Detection), Restricted Entry Systems (Traffic Barriers, Turnstiles, Detectors, Automated Gates, Traffic Bollards) Vietnam Cyber Security Industry Outlook To 2023 – By Solutions (Firewall & UTM, Intrusion Detection System, Antivirus And Others), By End Users (Banking & Finance, Government, IT & Telecom, Retail And Others), By Import And Domestic Security Solutions, By Security (Network Security, Application Security, End-Point Security, Mobile & Wireless Security, Content Security And Cloud Security). Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: AVG Technologies Security Europe, BAE Systems Security Solutions Europe, Business Model Analysis of Europe Cyber Security Market, Check Point Security Solutions Europe, Cisco Security Solutions Europe, CMC Corporation Security Solutions, Competition Cyber Security Europe, Cyber Security Industry Europe, Cyber Security Industry In Europe, Cyber Security Market Europe, Cyber Security Market In Europe, CyRadar Security Solutions Europe, Darktrace Security Solutions Europe, Europe Antivirus Market Size, Europe Application Security Market, Europe Cloud Security Market, Europe Content Security Market, Europe Cyber Crimes, Europe Cyber Security Industry, Europe Cyber Security Market Analysis, Europe Cyber Security Market Application, Europe Cyber Security Market Forecast, Europe Cyber Security Market Future Outlook, Europe Cyber Security Market Growth, Europe Cyber Security Market Key Players, Europe Cyber Security Market Research Report, Europe Cyber Security Market Revenue, Europe Cyber Security Market Scope, Europe Cyber Security Market Segmentation, Europe Cyber Security Market share, Europe Cyber Security Market Size, Europe Cyber Security Market Size 2018, Europe Cyber Security Market Value, Europe Cyber Threats, Europe Cyberspace Security technology Europe, Europe Data Loss Prevention Market, Europe Disaster Recovery Market, Europe Encryption Market, Europe Endpoint Security Market, Europe Firewall Market, Europe Home Users Security Market, Europe Identity and Access Management Market, Europe Internet Security Market, Europe Intrusion detection system Market, Europe IOT Devices Market Size, Europe Mobile Security Market, Europe Network Security Market, Europe Security Network Solutions, Europe Security Solutions Market, Europe Unified threat management Market, FireEye Security Solutions Europe, Fortinet Security Solutions, Hewlett Packard Security Solutions Europe, IBM Corporation Security Solutions Europe, Intrusion Prevention System Market Europe, Juniper Networks Security Solutions Europe, Kaspersky Security Solutions Europe, Major Cyber Attacks in Europe, Oracle Security Solutions Europe, SentryBay Security Solutions Europe, Sophos Security Solutions Europe, Symantec Corporation Security Solutions Europe, Trend Micro Security Solutions Europe, Trustwave Security Solutions Europe, Veracode Security Solutions Europe, Wandera Security Solutions Europe, Wireless Security Market Global
