Europe Cyber Security Market Size & Outlook, 2026-2033
The cyber security market in Europe is expected to reach a projected revenue of US$ 165,145.8 million by 2033. A compound annual growth rate of 11% is expected of Europe cyber security market from 2026 to 2033.
The Europe cyber security market generated a revenue of USD 72,049.5 million in 2025.
The market is expected to grow at a CAGR of 11% from 2026 to 2033.
In terms of segment, hardware was the largest revenue generating offering in 2025.
Services is the most lucrative offering segment registering the fastest growth during the forecast period.
Country-wise, UK is expected to register the highest CAGR from 2026 to 2033.
Europe data book summary
Market revenue in 2025
USD 72,049.5 million
Market revenue in 2033
USD 165,145.8 million
Growth rate
11% (CAGR from 2026 to 2033)
Largest segment
Hardware
Fastest growing segment
Services
Historical data covered
2021 - 2024
Base year for estimation
2025
Forecast period covered
2026 - 2033
Quantitative units
Revenue in USD million
Market segmentation
Hardware, Software, Services
Key market players worldwide
BAE Systems PLC, Broadcom Inc, Check Point Software Technologies Ltd, Cisco Systems Inc, Fortinet Inc, International Business Machines Corp, Lockheed Martin Corp, LogRhythm, McAfee, Palo Alto Networks Inc, Proofpoint, Sophos, Trend Micro Inc
Other key industry trends
In terms of revenue, Europe region accounted for 26.5% of the global cyber security market in 2025.
Globally, North America is projected to lead the regional market in terms of revenue in 2033.
Asia Pacific is the fastest growing regional market and is projected to reach USD 213,409.0 million by 2033.
The European market growth is driven by the increasing development of IT infrastructure, growing internet penetration, and proliferation of connected devices and numerous endpoints. Emerging and disruptive technologies, such as the Internet of Things (IoT), 5G, and cloud, have facilitated automation and new capabilities in various industries and simplified operations in recent years.
Yet, it is among the major factors attracting cybercriminals to the region. Governments and associations are taking significant steps to counter the rising challenges of cyber security.
For instance, in December 2023, The European Union Agency for Cybersecurity (ENISA) announced signing a working arrangement with the Cybersecurity and Infrastructure Security Agency (CISA) of the U.S. to boost the overall cooperation between the U.S. and the European Union in the areas of best practices exchange, capacity-building, and boosting situational awareness.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Cyber Security Market Outlook will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 55.18% in 2025.
Horizon Databook has segmented the Europe cyber security market based on hardware, software, services covering the revenue growth of each sub-segment from 2021 to 2033.
The European market growth is driven by the increasing development of IT infrastructure, growing internet penetration, and proliferation of connected devices and numerous endpoints. Emerging and disruptive technologies, such as the Internet of Things (IoT), 5G, and cloud, have facilitated automation and new capabilities in various industries and simplified operations in recent years.
Yet, it is among the major factors attracting cybercriminals to the region. Governments and associations are taking significant steps to counter the rising challenges of cyber security.
For instance, in December 2023, The European Union Agency for Cybersecurity (ENISA) announced signing a working arrangement with the Cybersecurity and Infrastructure Security Agency (CISA) of the U.S. to boost the overall cooperation between the U.S. and the European Union in the areas of best practices exchange, capacity-building, and boosting situational awareness.
Europe Cyber Security Market Offering Outlook (Revenue, USD Million , 2021-2033)
Hardware
Software
Services
Europe Cyber Security Market Security Type Outlook (Revenue, USD Million , 2021-2033)
Endpoint Security
Cloud Security
Network Security
Application Security
Infrastructure Protection
Data Security
Others
Artificial Intelligence Model/Machine Learning Model Security
Hardware Security
Europe Cyber Security Market Solution Type Outlook (Revenue, USD Million , 2021-2033)
Unified Threat Management (UTM)
Intrusion Detection System/Intrusion Prevention System (IDS/IPS)
Data Loss Prevention (DLP)
Identity and Access Management (IAM)
Security Information and Event Management (SIEM)
DDoS
Risk and compliance management
Others
Europe Cyber Security Market Deployment Outlook (Revenue, USD Million , 2021-2033)
Cloud
On-Premise
Europe Cyber Security Market Organization Size Outlook (Revenue, USD Million , 2021-2033)
Large Enterprises
SMEs
Europe Cyber Security Market End Use Outlook (Revenue, USD Million , 2021-2033)
IT and Telecommunications
Retail and E-Commerce
BFSI
Healthcare
Government and Defense
Manufacturing
Energy and Utilities
Automotive
Marine
Transportation and Logistics
Others
Europe Cyber Security Market Approach Outlook (Revenue, USD Million , 2021-2033)
Traditional Cyber Defense/Reactive Cyber Security
Active Cyber Defense/Proactive Cyber Security
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe Cyber Security Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Europe Cyber Security Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.