Key Findings
The United Kingdom cyber security market is estimated to record a CAGR of 9.40% during the forecast period, 2023-2030. In response to the expansion of 5G and widespread fiber broadband networks in the nation, the government is partnering with telecommunications companies to proactively address cyberattacks and enhance security protocols and procedures within the United Kingdom’s telecommunications industry.

Market Insights
The rising incidence of cybercrimes has spurred efforts to develop innovative solutions to combat them, which has come to define the investment landscape of the country. For instance, Bridewell Consulting, a cybersecurity services company specializing in Managed Detection Response and Security Operations Centre, received a multi-million-dollar investment from Growth Capital Partners, a private equity firm, to expand its operations in the U.K. and across Europe.
Furthermore, the increasing awareness among businesses regarding the cost and resource savings associated with migrating their data to the cloud, rather than building and maintaining new data storage infrastructure, is driving the demand for cloud-based solutions and, consequently, the adoption of on-demand security services in the United Kingdom. Due to their numerous advantages, cloud platforms and ecosystems are expected to serve as a catalyst for a surge in the speed and scale of digital innovation in the coming years.

Competitive Insights
Some of the eminent firms operating in the United Kingdom cyber security market are
Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation caters to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments