UK Cyber Security Market Research Report By Solution (Security Software, Hardware Security, Security Services), By Deployment Type (Cloud-based, On-premises, Hybrid), By End Use (BFSI, Retail, Healthcare, Government, Telecommunications) and By Security Type (Network Security, Application Security, Endpoint Security, Cloud Security)- Forecast to 2035

UK Cyber Security Market Overview

As per MRFR analysis, the UK Cyber Security Market Size was estimated at 7.85 (USD Billion) in 2023. The UK Cyber Security Market Industry is expected to grow from 8.84(USD Billion) in 2024 to 29.21 (USD Billion) by 2035. The UK Cyber Security Market CAGR (growth rate) is expected to be around 11.478% during the forecast period (2025 - 2035).

UK Cyber Security Market Trends Highlighted

The UK Cyber Security Market is witnessing significant trends driven by the increasing number of cyber threats, which has accelerated the demand for robust security measures. Key market drivers include the implementation of stringent regulations such as the General Data Protection Regulation (GDPR) and the UK’s Cyber Security Strategy that emphasizes the need for strong data protection frameworks. Organizations across various sectors are being compelled to strengthen their cyber defenses, prompting investments in advanced security technologies such as artificial intelligence and machine learning to predict and mitigate potential threats. 

Moreover, the growing reliance on remote work, especially in the wake of the pandemic, has exposed vulnerabilities in many business networks, thereby creating opportunities for cybersecurity firms to offer tailored solutions.Since human mistake is still a major contributor to security breaches, there is a growing consensus that cybersecurity training for staff is crucial. There has been a recent tendency towards a more holistic view of cybersecurity, with the belief that partnerships between industry, government, and universities are crucial to developing robust systems. 

Startups and established companies alike can take advantage of new opportunities presented by the UK government's sponsorship of programs that encourage innovation in cyber technology. Also, security is no longer seen as an independent activity but rather as an integral part of every business process, which is a response to the ever-changing nature of cyber threats.

As a result, companies are increasingly looking for cybersecurity solutions that not only protect their assets but also drive business growth and operational efficiency.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

UK Cyber Security Market Drivers

Increasing Cyber Threats and Attacks

The frequency and sophistication of cyber threats have been on a pronounced rise in the UK Cyber Security Market Industry, driving demand for advanced security solutions. According to the UK Government's Cyber Security Breaches Survey, about 39% of businesses in the UK reported experiencing cyber security breaches or attacks in the last 12 months, a significant increase from previous years. 

The National Cyber Security Centre (NCSC) also reported a drastic increase in ransomware incidents, with healthcare services being heavily targeted during the COVID-19 pandemic.This escalating threat landscape has prompted organizations such as BT Group and cybersecurity firm Sophos to enhance their services and solutions, thereby stimulating growth in the market. The increased awareness and concern around data privacy regulations, like the General Data Protection Regulation (GDPR), further underlines the need for robust cybersecurity measures in the UK, thereby contributing to strengthening the market landscape.

Growth in Remote Work Initiatives

The shift to remote working, accelerated by the COVID-19 pandemic, significantly impacts the UK Cyber Security Market Industry. An estimated 47% of the UK workforce is still engaged in some form of remote working, according to the latest statistics from the Office for National Statistics (ONS). 

This transformation has heightened the importance of cybersecurity, as organizations must secure devices and networks that employees use from home. Companies like Cisco and Palo Alto Networks are responding by providing advanced security solutions specifically designed to protect remote connections and data transmissions.The growing need for virtual private networks (VPNs) and secure access service edge (SASE) solutions exemplifies this trend, driving more investments and innovations geared toward enhancing cybersecurity resilience in the UK.

Regulatory Compliance and Data Protection Laws

The stringent regulatory landscape surrounding data protection is another vital driver for the UK Cyber Security Market Industry. The introduction of the General Data Protection Regulation (GDPR) has placed severe penalties on organizations that fail to protect personal data adequately. 

The Information Commissioner's Office (ICO) has reported that the total fines for data breaches were over 38 million in the last year alone, emphasizing the financial repercussions of non-compliance.This regulation has forced many UK organizations to bolster their cybersecurity frameworks to ensure compliance, thereby powering investments in cybersecurity technologies and services. Notable firms, including Deloitte and Accenture, are increasing their offerings to help clients navigate these complex compliance requirements, which further propels market growth.

UK Cyber Security Market Segment Insights

Cyber Security Market Solution Insights

The UK Cyber Security Market is evolving rapidly, particularly within the Solution segment, which plays a crucial role in safeguarding the digital landscape against an increasing array of cyber threats. This segment encompasses various components, including security software, hardware security, and security services, each contributing significantly to the overall resilience of organizations. Security software, which comprises anti-virus, anti-malware, and intrusion detection systems, is essential for identifying and mitigating potential threats in real time, making it a major component of the cyber defense strategy in the UK. This segment is witnessing heightened adoption due to rising instances of ransomware attacks and data breaches, coupled with the ever-evolving tactics employed by cybercriminals. 

Hardware security, while historically overshadowed by software solutions, is gaining importance as organizations realize the value of securing the physical devices that house sensitive data. Devices such as secure tokens and hardware security modules play a significant role in encryption and identity management, effectively forming the backbone of a robust security framework. The growth in Internet of Things (IoT) devices is amplifying this need, as each connected device represents a potential entry point for threats. Additionally, security services are increasingly viewed as essential due to their ability to provide expertise and support in navigating the complex landscape of cyber threats. Services, including risk assessment, security consulting, and incident response, allow organizations to proactively address vulnerabilities and respond effectively to incidents. 

The UK's focus on improving its cyber resilience, as indicated by government initiatives and funding for cybersecurity measures, highlights the growing recognition of the significance of this Solution segment in maintaining national security and protecting critical infrastructure. As businesses transition to remote work and digital transformation accelerates across industries, the demand for comprehensive cyber security solutions continues to rise. This has led to robust market growth driven by the pressing need for integrated solutions that address both current and emerging cyber threats. Furthermore, the UK Cyber Security Market has experienced a notable shift towards a more proactive approach to cybersecurity, promoting a culture of awareness and preparedness. 

As organizations increasingly acknowledge the necessity of cyber security needs, investing in advanced solutions becomes crucial for not only compliance with regulations but also for maintaining customer trust and business integrity in a digitally interconnected world. Ultimately, the Solution segment of the UK Cyber Security Market is pivotal to crafting effective cyber defenses, ensuring that organizations remain resilient against the evolving threat landscape while adapting to new technological advancements. 

The continuous growth in this market segment reflects the importance of investing in both hardware and software solutions, along with specialized services, to navigate the increasingly digitalized economy safely and securely. This integration of comprehensive security measures is imperative for protecting sensitive information and maintaining operational continuity, thus ensuring a more secure future for the UK digital infrastructure.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Cyber Security Market Deployment Type Insights

The UK Cyber Security Market is evolving significantly, particularly in the context of Deployment Type, which encompasses Cloud-based, On-premises, and Hybrid models. Cloud-based solutions are gaining traction due to their scalability, flexibility, and cost-effectiveness, allowing organizations in the UK to quickly adapt to emerging security threats without heavy upfront investments in hardware. On-premises deployments tend to appeal to companies with stringent compliance and data security requirements, as they offer greater control over sensitive information.

Meanwhile, Hybrid models are becoming increasingly popular as they combine the best attributes of both Cloud and On-premises solutions, allowing businesses to allocate resources efficiently while ensuring robust security measures. This variety within the Deployment Type segment caters to different organizational needs, offering opportunities for tailored cybersecurity strategies to combat evolving threats. The UK, with its sophisticated regulatory landscape and growing cybersecurity threats, presents a unique challenge that drives advancements and investments in these deployment models, ensuring the UK Cyber Security Market remains competitive and resilient against cyber risks.

Cyber Security Market End Use Insights

The UK Cyber Security Market, particularly in the End Use segment, showcases a diverse array of industries that necessitate robust security measures due to the increasing frequency and sophistication of cyber threats. Key sectors like Banking, Financial Services, and Insurance (BFSI) lead in demand for advanced security solutions, as they manage sensitive financial data and are prime targets for cybercrime. The Retail sector, with its vast online transactions and customer data, experiences substantial growth in cyber security investments to combat data breaches and fraud.

Concurrently, the Healthcare sector is witnessing an increase in cyber security implementations to protect patient information amidst a rise in digital health solutions. Government bodies also play a critical role, requiring stringent security frameworks to safeguard national infrastructure and citizen data. Additionally, the Telecommunications sector is significant, providing communication networks that need comprehensive protection against potential attacks. As businesses across these segments increasingly prioritize cyber security, the overall significance of tailored solutions for each sector becomes evident, driving innovation and growth within the UK Cyber Security Market.This trend highlights the demand for specialized services and products to counter sector-specific risks, ultimately shaping the dynamics of market segmentation.

Cyber Security Market Security Type Insights

The Security Type segment of the UK Cyber Security Market plays a pivotal role in creating a robust defense against a range of cyber threats. With the increasing frequency and sophistication of cyber-attacks, the demand for effective Network Security has risen, protecting critical infrastructure and data. Application Security has also gained importance as businesses digitize their operations, securing software applications from vulnerabilities during development and deployment. 

Furthermore, Endpoint Security is vital in the context of remote work, allowing organizations to safeguard devices such as laptops and smartphones, which are often entry points for cyber-threats.Lastly, Cloud Security has emerged as a key focus area, given the surge in cloud adoption by UK businesses, ensuring that sensitive information stored in cloud environments remains protected. This segment continues to evolve in response to emerging risks, providing UK businesses with crucial tools to combat cyber threats and adhere to regulatory requirements. The combined growth in these areas is indicative of an increasing awareness of security needs in the UK Cyber Security Market, reflecting broader trends towards digital transformation across various industries.

UK Cyber Security Market Key Players and Competitive Insights

The UK Cyber Security Market is experiencing a significant transformation, driven by increasing awareness of cybersecurity threats and the rising incidence of cyberattacks. This evolving landscape is characterized by a diverse range of players, from large multinational corporations to innovative startups, all vying for market share. The competition is intensifying as organizations seek to enhance their cybersecurity measures in response to regulatory pressures and the need for robust data protection. The growth of the UK Cyber Security Market can be attributed to the demand for innovative solutions in areas such as advanced threat detection, cloud security, and incident response. In this competitive environment, companies are focusing on leveraging cutting-edge technologies, including artificial intelligence and machine learning, to create more effective cybersecurity products and services.

Trend Micro is a prominent player in the UK Cyber Security Market, known for its comprehensive suite of cybersecurity solutions. The company has established a strong market presence, offering products that cater to businesses of all sizes across various sectors. Trend Micro has a reputation for its advanced threat detection capabilities and cloud security solutions, which are particularly relevant in the current digital landscape. One of the company's key strengths is its consistent investment in research and development, allowing it to stay ahead of emerging threats and continuously update its product offerings. Trend Micro's proactive approach to cybersecurity, combined with its commitment to user education and awareness, further enhances its competitiveness within the UK market.

McAfee holds a significant position in the UK Cyber Security Market, providing a wide range of products and services designed to protect users from cyber threats. The company is recognized for its endpoint security solutions, data protection services, and cloud security offerings. McAfee's strengths lie in its well-established brand and extensive experience in the cybersecurity domain, which allows it to cater effectively to both consumer and enterprise clients. The company's market presence is further augmented through strategic partnerships and acquisitions that enhance its technological capabilities. McAfee's focus on innovation is evident in its development of advanced threat intelligence and behavioral analysis tools, which empower organizations to safeguard their digital assets. Through these initiatives and a strong commitment to enhancing cybersecurity measures, McAfee continues to solidify its position within the UK Cyber Security Market.

Key Companies in the UK Cyber Security Market Include:

• Trend Micro


• McAfee


• Cisco


• FSecure


• Kaspersky


• BT Group


• Fortinet


• NortonLifeLock


• Darktrace


• BAE Systems


• Palo Alto Networks


• Trustwave


• Sophos


• CrowdStrike


• Check Point Software Technologies

UK Cyber Security Market Industry Developments

The UK Cyber Security Market has witnessed significant developments recently, particularly with major companies enhancing their offerings. In September 2023, Trend Micro announced a strategic partnership with BT Group to bolster cloud security solutions aimed at businesses transitioning to hybrid environments. McAfee secured a contract with the UK government to provide advanced threat protection, reflecting the increasing focus on national security in the cyber realm. 

Additionally, Cisco expanded its cybersecurity portfolio with the launch of innovative security tools to combat emerging threats. There was also notable growth in the valuations of companies such as Darktrace and Fortinet, driven by rising demand for cyber defenses amid a surge in cyber attacks, which the British government has classified as an ongoing national priority. In terms of mergers and acquisitions, CrowdStrike acquired a UK-based cybersecurity firm in August 2023, reflecting ongoing consolidation trends. 

The UK government has been investing heavily in cyber resilience programs, aiming for over 2 billion by 2025, which signals an evolving market landscape that stresses the importance of robust cybersecurity infrastructures across various sectors. These developments point towards a dynamic environment responding to both technological advancements and increasing cyber threats in the region.

UK Cyber Security Market Segmentation Insights

Cyber Security Market Solution Outlook

• Security Software


• Hardware Security


• Security Services

Cyber Security Market Deployment Type Outlook

• Cloud-based


• On-premises


• Hybrid

Cyber Security Market End Use Outlook

• BFSI


• Retail


• Healthcare


• Government


• Telecommunications

Cyber Security Market Security Type Outlook

• Network Security


• Application Security


• Endpoint Security


• Cloud Security

 

Report Attribute/Metric Source:	Details
MARKET SIZE 2023	7.85(USD Billion)
MARKET SIZE 2024	8.84(USD Billion)
MARKET SIZE 2035	29.21(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)	11.478% (2025 - 2035)
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR	2024
MARKET FORECAST PERIOD	2025 - 2035
HISTORICAL DATA	2019 - 2024
MARKET FORECAST UNITS	USD Billion
KEY COMPANIES PROFILED	Trend Micro, McAfee, Cisco, FSecure, Kaspersky, BT Group, Fortinet, NortonLifeLock, Darktrace, BAE Systems, Palo Alto Networks, Trustwave, Sophos, CrowdStrike, Check Point Software Technologies
SEGMENTS COVERED	Solution, Deployment Type, End Use, Security Type
KEY MARKET OPPORTUNITIES	Cloud security solutions expansion, Increased demand for AI-driven security, Compliance with data protection regulations, Growth in IoT security services, Managed security service provider (MSSP) opportunities
KEY MARKET DYNAMICS	growing cyber threats, stringent regulatory compliance, increasing cloud adoption, rise in remote work, demand for cybersecurity services
COUNTRIES COVERED	UK