How big is the Europe Security Services Market?

The Europe Security Services Market size is expected to reach USD 17.84 billion in 2024 and grow at a CAGR of 5.80% to reach USD 23.64 billion by 2029. Read More

What is the current Europe Security Services Market size?

In 2024, the Europe Security Services Market size is expected to reach USD 17.84 billion. Read More

Who are the key players in Europe Security Services Market?

Fortra, LLC, SecurityHQ, Allied Universal, Trustwave Holdings, Inc and Broadcom Inc. are the major companies operating in the Europe Security Services Market. Read More

What years does this Europe Security Services Market cover, and what was the market size in 2023?

In 2023, the Europe Security Services Market size was estimated at USD 16.81 billion. The report covers the Europe Security Services Market historical market size for years: 2022 and 2023. The report also forecasts the Europe Security Services Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Europe Security Services Market Size & Share Analysis - Industry Research Report

Europe Security Services Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The European Security Services Market Report is Segmented by Service Type (Managed Security Services, Professional Security Services, Consulting Services, and Threat Intelligence Security Services), Mode of Deployment (On-Premise and Cloud), End-User Industry (IT and Infrastructure, Government, Industrial, Healthcare, Transportation and Logistics, Banking, and Other End-User Industries), and Country (United Kingdom, Germany, France, and Rest of Europe). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Europe Security Services Industry Overview

The European security services market is fragmented, with many players serving the market at the regional and global levels. Almost all industries are transitioning from on-premises to cloud platforms for corporate activity. This factor has sped up the development of cloud-based security solutions as the volume of data and processing requirements from cloud services also supports the further growth of AI and ML. These security services providers launch enhanced products, collaborate with various companies for market expansion, and gain leadership. Some significant players offering their services in this market include Fortra LLC, G4S Limited, Fujitsu, Wipro Ltd, Palo Alto Networks, Allied Universal, and IBM Corporation, among many others.

July 2023: Netskope partnered with Wipro Limited, enabling Netskope to provide comprehensive cloud-native SASE (secure access service edge) and zero trust network access (ZTNA) services to Wipro's global enterprise client base. Through its CyberTransform platform, Wipro provides clients with cyber resilience through comprehensive strategy-aligned advisory and implementation solutions for specific business needs. This partnership will combine Wipro's extensive cybersecurity managed services experience with Netscope's advanced, fully integrated secure access service edge platform to enable customers to secure and expedite digital transformation initiatives.
June 2023: L&T Technology Services partnered with Palo Alto to offer security services and solutions to 5G and OT enterprises. As part of the agreement, L&T partners with Palo Alto Networks' managed security services provider (MSSP), providing a comprehensive suite of security solutions to end customers across industrial verticals. The security solutions offered by L&T Technologies include 5G, OT, and IT/OT Converged SOC Services. The MSSP agreement offers a managed service for implementing the Palo Alto Networks zero trust OT Security solution, allowing customers to outsource the management of their operational technology security to L&T.