United Kingdom Cyber Security Market By Security Type (Network Security, Endpoint Security, Cloud Security, Application Security, Content Security and Others), By Solution Type (Firewall, Antivirus & Antimalware, Risk & Compliance Management, Identity & Access Management, Data Loss Prevention, Intrusion Detection/Prevention System, Encryption & Decryption, Secure Web Gateways, Email Filtering, Oth
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: ICT | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationUnited Kingdom Cyber Security Market By Security Type (Network Security, Endpoint Security, Cloud Security, Application Security, Content Security and Others), By Solution Type (Firewall, Antivirus & Antimalware, Risk & Compliance Management, Identity & Access Management, Data Loss Prevention, Intrusion Detection/Prevention System, Encryption & Decryption, Secure Web Gateways, Email Filtering, Oth
Increased Complexity of Cyber-attacks Drives the Market Demand
Due to the adoption of online platforms by various end-user industries, a large amount of data is generated every day, which needs to protect from unauthorized access. The rapid development of digitized services and the growing proliferation of online shopping among consumers are accelerating the rate of cybercrime activities, leading to increased spending on security by the public and private sectors. Hackers use innovative ideas to lure users, thereby increasing the complexity and intensity of cyber-attacks. Increased sophistication and complexity of cybercrime activities drive the demand for advanced security solutions among enterprises. Companies have started to consider cyber-crime as a major problem that could result in massive financial loss. The rise in the market players offering innovative solutions to organizations and the growing threat of cyber-attacks are expected to fuel the growth of the United Kingdom cybersecurity market in the forecast period.
Supportive Government Policies Boosts the Market Demand
Integrating advanced technologies such as machine learning, artificial intelligence, big data analytics, and internet of things technology in cybersecurity solutions is expected to gain huge attention in the next five years. Also, the rapid adoption of cloud-based and analytics technology is putting businesses at risk. With the rise in investments and efforts to develop the telecommunication infrastructure and deployment of 5G technology, the frequency of cyber-attacks is expected to grow in the forecast period. To combat such situations government is promoting the adoption of cybersecurity solutions. Increased focus on developing advanced cybersecurity solutions and favorable government policies is expected to propel the United Kingdom cyber security market in the next five years.
Increased Adoption of IoT Devices Supports the Market Growth
Organizations are actively installing IoT devices to enhance the operational efficiency and performance of employees, which is expected to fuel the IoT traffic in the coming five years. The widespread adoption of IoT devices by organizations has increased the risk of cyber-attacks on organizations to steal confidential information. Organizations plan to adopt advanced cybersecurity solutions to secure personal and critical information to prevent substantial financial losses. Each IoT device can process a large volume of data daily, and the users in organizations have access to multiple devices. Organizations are rapidly adopting cybersecurity solutions to inspect traffic within and outside the network and detect unauthorized access efficiently to secure such vast volumes of data generated. Increased need to secure information by organizations is expected to bolster the demand for United Kingdom cybersecurity market through the next five years.
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Market Segmentation
The United Kingdom cyber security market is segmented into security type, solution type, deployment mode, end-user industry, regional distribution, and company. Based on security type, the market is divided into network security, endpoint security, cloud security, application security, content security and others. Based on solution type, the market is divided into firewall, antivirus & antimalware, risk & compliance management, identity & access management, data loss prevention, intrusion detection/prevention system, encryption & decryption, secure web gateways, email filtering, and others. Based on deployment mode, the market is bifurcated into on-premise and cloud. Based on the end-user industry, the market is divided into BFSI, IT & telecom, defense, energy & power, retail, healthcare & others. The United Kingdom Cyber Security market is studied in major regions namely London, Southeast, East Anglia, Scotland, Southwest, East Midlands, Yorkshire & Humberside, and Rest of United Kingdom.
Market Players
Broadcom Limited UK, Palo Alto Networks, Mcafee, LLC, Cisco Systems, Inc., Dell Technologies Inc., Fortinet Inc., BAE Systems Inc., Check Point Software Technologies Ltd., Trend Micro Incorporated (UK), International Business Machine Corporation UK, are the major market players operating in the United Kingdom cyber security market.
| Attribute | Details |
| Base Year | 2021 |
| Historic Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027 |
| Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Security Type · Solution Type · Deployment Mode · End-User Industry |
| Regional scope | London, Southeast, East Anglia, Scotland, Southwest, East Midlands, Yorkshire & Humberside, Rest of United Kingdom |
| Key companies profiled | Broadcom Limited UK, Palo Alto Networks, Mcafee, LLC, Cisco Systems, Inc., Dell Technologies Inc., Fortinet Inc., BAE Systems Inc., Check Point Software Technologies Ltd., Trend Micro Incorporated (UK), International Business Machine Corporation UK |
| Customization scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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