Europe CybersecurityCompanies (2024 - 2029)

Europe Cybersecurity Market Companies Summary

The European cybersecurity market is highly competitive with several global players. These companies are engaging in strategic partnerships, product launches, and acquisitions as lucrative paths toward expanding their market share. Many global cybersecurity providers are also expanding their presence and strengthening their foothold in the European region. One such firm announced in December 2023 that it had signed an agreement with a NATO agency to help strengthen the Alliance’s cybersecurity posture with improved security visibility and asset management across all NATO enterprise networks. Another company completed its acquisition of a provider of Data Security Posture Management in December 2023. This merger aimed to integrate data security solutions into the acquiring company's cloud platform, which would enable organizations with real-time data protection across the entire cloud environment. This move is expected to fuel market adoption in Europe, supported by the increasing trend of cloud migrations in the European region. The increasing demand for cybersecurity solutions in a shorter period has raised the skill gap in the cybersecurity market among the workforce, restricting market adoption during the forecast period. Without a presence of professional cybersecurity professionals, firms cannot implement cybersecurity solutions in their systems effectively.