The report titled “Europe
Cyber Security Industry Outlook to 2023 – By Solutions (Firewall, Intrusion
detection system, Antivirus, Identity and Access Management, Encryption, Data
Loss Prevention, UTM, Disaster Recovery and Others (IoT Devices), By Industry
Verticals (Banking & Finance, Government, IT & Telecom, Retail, Healthcare, Energy & Power, Private User
and Others), By Security Deployed (Network Security, Application Security,
End-Point Security, Mobile Security, Content Security and Cloud Security)” by Ken Research recommends that the companies operating in cyber security market in Europe
can expand their market share and increase revenue generated by adopting
technological advancements, increase in the investments in cyber security
market, enhancing the physical infrastructure in the sector, developing cyber
security manpower base and encouraging home grown talents. The market is
expected to register a positive CAGR of 8.9% in terms of revenue during the
forecast period 2018P-2023E.
“The constantly
improving internet infrastructure in telecom industry and establishment of nationwide
Standardisation schemes has positively impacted the Cyber Security Industry of Europe.”
Increasing Internet
Penetration: Over the years, Europe has witnessed an increase in the internet users
along with the increase in the Social media users who are always at the risk of
cyber threat in Europe. According to the industry articles, the Internet users in Europe were
witnessed to be around 674 Million with active social media users to be around 448
Million, mobile social media users to be around 376 Million and the mobile
subscription of Europe was witnessed around 1,106 Million in 2018. Along
with the increase in Internet users in Europe, the online payment transactions
have also increased increasing the threat to the user’s data and systems. This
will further augment the growth of cyber security market in Europe.
Emergence of Domestic
Companies: Over
the years, Europe has been observed to grow in terms of the number of cyber
crime and is on the edge of becoming one of the biggest hub of Cyber Security
Industry, opening opportunities for cyber security companies looking to tap this
market. Some of the major cyber crimes that the country witness during 2018
were Phising, malware, Ransom ware and others. Almost 60% of network system of
agencies and enterprises were infected with Phising and Malware during the year
2018. Domestic Cyber security companies are grabbing this opportunity by
providing low cost security solutions. Majority of the domestic companies in Europe
are only 10-12 years old. More number of domestic companies are expected to
enter the market. In addition to this, companies in the cyber security sector are
expected to further push Europe into new areas of security solutions and services
such as cloud security and Artificial Intelligence (AI) giving an optimistic
outlook towards the market.
Keywords
Europe Cyber Security Industry
Europe Cyber Security Market
Europe Internet Security
Market
Europe Security Solutions
Market
Europe Cyber Threats
Europe Cyber Crimes
Europe Firewall Market
Europe Unified threat
management Market
Europe Intrusion detection
system Market
Intrusion Prevention System
Market Europe
Europe Identity and Access
Management Market
Europe Encryption Market
Europe Data Loss Prevention
Market
Europe Disaster Recovery
Market
Europe IOT Devices Market
Europe Antivirus Market
Europe Internet Security
Market
Europe Home Users Security
Market
Europe Network Security Market
Europe Application Security
Market
Europe End-Point Security
Market
Europe Mobile Security
Market
Wireless Security Market
Global
Europe Content Security
Market
Europe Cloud Security Market
Competition Cyber Security
Europe
Juniper Network Security
Solutions Europe
Cisco Security Solutions
Europe
Check Point Security
Solutions Europe
Symantec Corporation
Security Solutions Europe
Hewlett Packard Security
Solutions Europe
Kaspersky Security Solutions
Europe
Fortinet Security Solutions
CMC Corporation Security
Solutions
Europe Security Network
Solutions Europe
Europe Cyberspace Security
technology Europe
BAE Systems Security
Solutions Europe
CyRadar Security Solutions
Europe
IBM Corporation Security
Solutions Europe
Trend Micro Security
Solutions Europe
Oracle Security Solutions
Europe
Wandera Security Solutions
Europe
Sophos Security Solutions
Europe
SentryBay Security Solutions
Europe
AVG Technologies Security
Europe
FireEye Security Solutions
Europe
Trustwave Security Solutions
Europe
Veracode Security Solutions
Europe
Darktrace Security Solutions
Europe
Key
Segments Covered
Cyber
Security Market
By
Imported & Domestic Security Solutions
By
Solutions
Firewall
Intrusion
Detection System (IDS/IPS)
Antivirus/Antimalware
Identity and
Access Management (IAM)
Encryption
Unified Threat
Management (UTM)
Data Loss
Prevention (DLP)
Disaster Recovery
IoT devices
By
Industry Verticals
Banking &
Finance
Government
IT & Telecom
Retail
Healthcare
Energy &
Power
Private Use
Others
By
Security Deployed
Network Security
Application
Security
End- Point
Security
Mobile &
Wireless Security
Content Security
Cloud
Security
Key
Target Audience
Banks and Financial Institutions
Government Organizations
Retail Companies
Hospitals and Clinics
Airports
Cloud Computing Services Companies
IT- Companies
Home Users
Time
Period Captured in the Report:
Historical
Period - 2013-2018
Forecast
Period – 2018-2023
Major
Companies Covered:
Darktrace
Cisco
Check Point Software Technologies Ltd
Symantec Corporation
Trend Micro
Avast
Kaspersky
Fortinet
CMC Corporation
Other Players
BAE Systems
CyRadar
IBM Corporation
Oracle
Wanders
Sophos
Sentry Bay
Fire Eye
Key
Topics Covered in the Report
Executive Summary
Research Methodology
Major Cyber Attacks in Europe
Snapshot of Cyber Security Market in European Countries
Trends and Growth Drivers in Europe Cyber Security Market
Europe Cyber Security Market
Introduction to Europe Cyber Security Market
Business Model Analysis of Europe Cyber Security Market
Europe Cyber Security Market Size, 2013-2018
Europe Cyber Security Market Segmentation, 2013-2018
Competition Landscape in the Europe Cyber Security Market
Europe Cyber Security Market Future Outlook and Projections, 2018-2023E
Issues and Challenges in Europe Cyber Security Market
Decision Making Parameters in Hiring a Cyber Security Company in Europe
Pain Points faced by the end users after purchasing a security Solution
in Europe
Technologies used in the Cyber Security Market
SWOT Analysis of Europe Cyber Security Market
Government Regulations in the Europe Cyber Security Market
Company Profiles of Major Players in Europe Cyber Security Market
Analyst Recommendations
For more information on the
research report, refer to below link:
Related Reports
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Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249
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