European Cyber Security market is growing at a CAGR of around 10.3% during the forecast period. European countries including Netherland, Germany, France, UK, and Ukraine & Virgin Island were in the top 10 out of total cyber-attacks. European Union has adopted the EU Cybersecurity Strategy to protect organizations in the region from cyber threats. They have adopted a set of legislative proposals, in particular, network and information security and reserved more than €600 million of EU Investment for research and innovation in the cyber security projects during the period of 2014-2020.

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An increase in cyber security investment by the governments is driving the growth of the European cyber security market. Digital Single Market Strategy which came into existence in 2015 is included to implement public-private partnerships (PPP) on cyber security. The aim of this is to refresh European competitiveness and help overcome cyber security market fragmentation. The partnership is supported by the funds coming from the Horizon 2020 Research and Innovation Framework Program (H2020) with an investment of about €450 million until 2020, which supports the European cyber security market growth during the forecast period.

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European Cyber Security Market Segmentation

By Type

Network Security

Application Security

Mobile Security

Wireless Security

Cloud Security

Others

By Solutions

Risk and Compliance Management

Identity and Access Management

Data Loss Protection

Firewall

Unified Threat Management

Encryption

Antimalware and Antivirus

DDOS mitigation

Others (Security and Vulnerability Management, and Disaster Recovery)

By Vertical

Government

Aerospace & Defense

BFSI

Telecommunication

Healthcare

Retail

Others (Manufacturing, and Transportation)

Regional Analysis

UK

Germany

France

Italy

Spain

Rest of Europe

Company Profiles

AVG Securities

Booz Allen Hamilton

Capgemini SE

CISCO Corp.

CSC Corp.

Cyberark Software Ltd.

DELL (Secureworks Inc.)

Herjavec Group

IBM Corp.

Intel Corp.

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