Europe Cybersecurity - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2026 - 2031)
Market Report I 2026-01-16 I 136 Pages I Mordor Intelligence
Europe Cybersecurity Market Analysis
Europe cybersecurity market size in 2026 is estimated at USD 69.82 billion, growing from 2025 value of USD 63.12 billion with 2031 projections showing USD 115.66 billion, growing at 10.62% CAGR over 2026-2031. Mandatory regulation, rising geopolitical risk, and an accelerating shift to sovereign cloud platforms elevate cybersecurity from optional spend to core operational outlay across the region. Enforcement of the Network and Information Security Directive 2 (NIS2) and the Digital Operational Resilience Act (DORA) anchors spending plans, while the Russia-Ukraine conflict fuels a 30% rise in ransomware incidents that heightens board-level risk awareness. Cloud-first strategies persist, yet hybrid deployments gain traction as enterprises balance sovereignty with scale. Vendor consolidation intensifies as suppliers acquire incident-response and managed-services capabilities to meet compliance demand. Heightened competition, however, is tempered by a 299,000-professional skills deficit that stretches internal security teams and bolsters managed service uptake.
Europe Cybersecurity Market Trends and Insights
EU-wide Enforcement of NIS2 and DORA Elevating Mandatory Security Spend
NIS2 expands coverage to more than 160,000 European entities and introduces penalties of up to EUR 10 million or 2% of global turnover, which is shifting cybersecurity budgets from discretionary to compulsory . DORA imposes parallel ICT-risk mandates on financial entities, forcing banks such as Belfius to restructure vendor portfolios for resilience. The legal scope drives average security spending to 9% of IT budgets, while 89% of firms report new hiring needs. Integration-ready platforms and managed services benefit most because they streamline multi-jurisdiction reporting, sustain compliance, and reduce penalty exposure.
Surge in Sophisticated Ransomware Linked to Russia-Ukraine Conflict
Ransomware attacks on European organizations climbed 30% in 2024 as threat actors weaponized geopolitical tensions. Manufacturing bore 84% growth in strike volume during Q1 2025 with breach costs topping USD 5.56 million, eclipsing previous crisis-era losses. Healthcare incidents reached 309 in 2023, half involving ransomware, prompting an EU action plan that allocates additional incident-response resources. Persistent groups such as LockBit executed 1,700 attacks before takedown efforts, underlining the need for behavior-based detection and layered response services.
Acute Cybersecurity Skills Shortage Limiting Implementation Capacity
Europe lacks more than 299,000 qualified cybersecurity professionals, and 76% of existing staff possess no formal credentials. Germany posts double-digit growth in spending yet struggles to fill vacancies, while France expects 15,000 open roles despite salaries approaching USD 98,100. Skills scarcity slows project rollouts, particularly in cloud security and OT protection, compelling enterprises to shift toward managed detection and response as a substitute for in-house capability.
Other drivers and restraints analyzed in the detailed report include:
Rapid Shift to European Sovereign Clouds Driving Zero-Trust ArchitecturesExpansion of 5G Private Networks in German and Nordic Manufacturing HubsRising Compliance Costs Straining Mid-Market Enterprise Budgets
For complete list of drivers and restraints, kindly check the Table Of Contents.
Segment Analysis
Solutions accounted for 67.25% of the Europe cybersecurity market share in 2025, underpinned by integrated platforms that bundle cloud, identity, and network controls into unified consoles. The Europe cybersecurity market size for services, including managed detection and response, is projected to expand at a 13.56% CAGR to 2031 as enterprises offset workforce shortages by outsourcing daily operations. High-growth comes from mid-market firms newly covered under NIS2 that prefer single-subscription service bundles over multi-vendor toolkits.
Managed services providers tailor compliance dashboards that automate evidence collection across the EU's heterogeneous regulatory regimes. Concurrently, professional-services demand remains steady as large banks and manufacturers architect zero-trust reference models and post-quantum roadmaps. Integrated solution vendors that embed workflow automation and native reporting enjoy cross-sell advantage, while niche point-product suppliers face consolidation pressure.
Cloud deployments represented 56.90% of 2025 revenue as enterprises embraced elasticity and evergreen updates. Hybrid models now register the swiftest 15.03% CAGR because sovereignty rules compel companies to retain sensitive data inside EU borders while still tapping global hyperscaler analytics. The Europe cybersecurity market size for hybrid architectures grows as financial institutions pilot quantum-secure metro networks that keep keys on premises yet route telemetry to analytics engines in sovereign clouds.
On-premise installations persist in defense and public-sector workloads that require full control of hardware. Yet even these environments integrate cloud-based threat intelligence feeds, creating blended topologies. Vendors therefore package identical policy engines across SaaS and appliance form factors so administrators can enforce uniform controls regardless of workload location.
The Europe Cybersecurity Market Report Segments the Industry Into by Offering (Solutions, and Services), Deployment Mode (On-Premise, and Cloud), End-User Vertical (BFSI, Healthcare, IT and Telecom, Industrial and Defense, Manufacturing, Retail and E-Commerce, Energy and Utilities, Manufacturing, and Others), and End-User Enterprise Size (Small and Medium Enterprises (SMEs), and Large Enterprises). And Country.
List of Companies Covered in this Report:
Cisco Systems Inc. Palo Alto Networks Inc. IBM Corporation Check Point Software Technologies Ltd. Fortinet Inc. Thales Group (Thales DIS) Siemens AG (Siemens Digital Industries) Atos SE (Eviden) Accenture PLC (Security Services) Kaspersky Lab JSC Trend Micro Inc. Sophos Ltd. F-Secure Corp. Darktrace PLC Orange Cyberdefense (Orange SA) Airbus Defence and Space GmbH (CyberSecurity) Capgemini SE Deutsche Telekom Security GmbH (T-Systems) BAE Systems Applied Intelligence Rapid7 Inc. CrowdStrike Holdings Inc. Nexus Group Secunet Security Networks AG Rohde & Schwarz Cybersecurity GmbH
Additional Benefits:
The market estimate (ME) sheet in Excel format
3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET LANDSCAPE
4.1 Market Overview
4.2 Market Drivers
4.2.1 EU-wide Enforcement of NIS2 and DORA Elevating Mandatory Security Spend
4.2.2 Surge in Sophisticated Ransomware Linked to Russia-Ukraine Conflict
4.2.3 Rapid Shift to European Sovereign Clouds Driving Zero-Trust Architectures
4.2.4 Expansion of 5G Private Networks in German and Nordic Manufacturing Hubs
4.2.5 Digital-ID Roll-out (eIDAS 2.0) Creating New Authentication Demand
4.2.6 Insurer-Driven Minimum Cyber-Controls for Mid-Market Firms
4.3 Market Restraints
4.3.1 EU-wide Enforcement of NIS2 and DORA Elevating Mandatory Security Spend
4.3.2 Surge in Sophisticated Ransomware Linked to Russia-Ukraine Conflict
4.3.3 Rapid Shift to European Sovereign Clouds Driving Zero-Trust Architectures
4.3.4 Expansion of 5G Private Networks in German and Nordic Manufacturing Hubs
4.4 Evaluation of Critical Regulatory Framework
4.5 Value Chain Analysis
4.6 Technological Outlook
4.7 Porter's Five Forces
4.7.1 Bargaining Power of Suppliers
4.7.2 Bargaining Power of Buyers
4.7.3 Threat of New Entrants
4.7.4 Threat of Substitutes
4.7.5 Competitive Rivalry
4.8 Key Use Cases and Case Studies
4.9 Impact on Macroeconomic Factors of the Market
4.10 Investment Analysis
5 MARKET SEGMENTATION
5.1 By Offering
5.1.1 Solutions
5.1.1.1 Application Security
5.1.1.2 Cloud Security
5.1.1.3 Data Security
5.1.1.4 Identity and Access Management
5.1.1.5 Infrastructure Protection
5.1.1.6 Integrated Risk Management
5.1.1.7 Network Security Equipment
5.1.1.8 Endpoint Security
5.1.1.9 Other Services
5.1.2 Services
5.1.2.1 Professional Services
5.1.2.2 Managed Services
5.2 By Deployment Mode
5.2.1 On-Premise
5.2.2 Cloud
5.3 By End-User Vertical
5.3.1 BFSI
5.3.2 Healthcare
5.3.3 IT and Telecom
5.3.4 Industrial and Defense
5.3.5 Manufacturing
5.3.6 Retail and E-commerce
5.3.7 Energy and Utilities
5.3.8 Manufacturing
5.3.9 Others
5.4 By End-User Enterprise Size
5.4.1 Small and Medium Enterprises (SMEs)
5.4.2 Large Enterprises
5.5 By Country
5.5.1 Germany
5.5.2 United Kingdom
5.5.3 France
5.5.4 Spain
5.5.5 Italy
5.5.6 Netherlands
5.5.7 Rest of Europe (Nordics, Benelux excl. NL, CEE, Balkans)
6 COMPETITIVE LANDSCAPE
6.1 Market Concentration
6.2 Strategic Moves
6.3 Market Share Analysis
6.4 Company Profiles {(includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)}
6.4.1 Cisco Systems Inc.
6.4.2 Palo Alto Networks Inc.
6.4.3 IBM Corporation
6.4.4 Check Point Software Technologies Ltd.
6.4.5 Fortinet Inc.
6.4.6 Thales Group (Thales DIS)
6.4.7 Siemens AG (Siemens Digital Industries)
6.4.8 Atos SE (Eviden)
6.4.9 Accenture PLC (Security Services)
6.4.10 Kaspersky Lab JSC
6.4.11 Trend Micro Inc.
6.4.12 Sophos Ltd.
6.4.13 F-Secure Corp.
6.4.14 Darktrace PLC
6.4.15 Orange Cyberdefense (Orange SA)
6.4.16 Airbus Defence and Space GmbH (CyberSecurity)
6.4.17 Capgemini SE
6.4.18 Deutsche Telekom Security GmbH (T-Systems)
6.4.19 BAE Systems Applied Intelligence
6.4.20 Rapid7 Inc.
6.4.21 CrowdStrike Holdings Inc.
6.4.22 Nexus Group
6.4.23 Secunet Security Networks AG
6.4.24 Rohde & Schwarz Cybersecurity GmbH
7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK
7.1 White-space and Unmet-Need Assessment
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.