Europe Cyber Security Market Led by Growth in the Government Initiatives, EU-wide certification framework and Rising Threats such as Malware, Ransom Ware: Ken Research

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.

Europe Cyber Security Market Cover Page

“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:

Europe Cyber Security Industry Market

Related Reports

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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

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