Belgium Cybersecurity Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Belgium Cybersecurity Market Trends and Insights

EU NIS2-driven Mandatory Security Upgrades

Belgium began enforcing the NIS2 directive in October 2024, obliging 2,410 essential and important entities to implement structured risk-management controls and report incidents within 24 hours. Penalties of up to EUR 10 million (USD 11.73 million)or 2% of global turnover have shifted cyber risk to board agendas, spurring multi-year platform refresh projects. The Centre for Cybersecurity Belgium’s CyberFundamentals framework provides a tiered certification path that lowers compliance friction and quickens vendor selection cycles. Hospitals such as UZA Antwerp now run centralised SOCs and have trimmed phishing-email click-rates from 30% to 8% after mandatory staff awareness campaigns. Spending momentum is expected to hold through 2027 as utilities, postal operators and digital-service providers finalise alignment plans.

Accelerating Cloud Adoption Among Belgian SMEs

Seventy-four-and-a-half percent of Belgian SMEs achieved basic digital intensity in 2023, surpassing the EU average and creating steady demand for cloud-native security stacks. Sovereign-cloud agreements, notably the Proximus-Google Cloud initiative, embed locality controls while offering elastic workloads, improving uptake in regulated verticals. Digital-only banks such as NewB operate cloud-first architectures paired with PSD2-compliant strong authentication systems, setting precedents for fintech peers. SMEs now earmark 10-15% of their IT budgets for cybersecurity, channelled mainly toward SaaS-delivered identity, data-protection and micro-segmentation tools. AI-enabled threat analytics bundled into these platforms reduce operational complexity and narrow the capability gap between small firms and large enterprises.

Emergence of Regional MSSP Ecosystems

Proximus Ada and other Brussels-centred service hubs pool scarce security talent and supply 24/7 monitoring, incident-response and compliance-as-a-service packages.^{[1]Proximus, “Proximus and Google Cloud launch sovereign cloud in Belgium,” proximus.com} Partnerships such as Orange Cyberdefense with CrowdStrike extend managed detection and response (MDR) to mid-market manufacturers and logistics operators. MSSPs increasingly embed local regulatory knowledge—especially around NIS2—and offer tiered subscription models aligned to risk appetites. Demand is strongest among organisations with under 250 employees that cannot justify dedicated SOC staffing but must satisfy regulatory baselines.

AI-powered Threat-hunting Platforms Lowering SOC Costs

AI automation is cutting investigation cycles and per-alert handling costs. Proximus’ 365guard blocks SMS spam by continuously learning regional patterns, while FortiSOAR supplies 800+ playbooks for unified case management.^{[2]Fortinet, “FortiSOAR solution brief,” fortinet.com} Belgian hospitals deploy anomaly-detection engines that snapshot clinical systems and flag suspicious behaviours in real time, safeguarding patient records without adding analyst headcount. Adoption is fastest in finance and healthcare where alert volumes are high and compliance timelines short.

Acute 10k-person Cybersecurity Talent Gap

Forecasts indicate Belgium will lack about 21,000 technology specialists by 2026, with cyber roles the hardest to fill. Average security-analyst salaries exceed EUR 85,000 (USD 91,800), pitting local firms against multinationals and EU agencies headquartered in Brussels. Skills scarcity is most severe in OT security, cloud architecture and AI-based analytics. Enterprises respond by upsizing MSSP contracts and funding university programmes such as KU Leuven’s master in Cybersecurity Engineering. Despite these measures, the labour pipeline will take several years to stabilise, keeping wage inflation and project delays elevated.

High Reliance on Legacy Industrial OT in Flanders Manufacturing

Many process-control networks in petrochemicals, food and metals plants remain unsegmented and run outdated protocols, exposing critical infrastructure to lateral-movement attacks. Internet-facing scans have revealed vulnerable programmable-logic controllers and HMI dashboards across Flanders.^{[3]Van Impe, “Industrial Control Systems Exposure Report,” vanimpe.eu} Operators hesitate to patch or replace equipment that must run near-continuous production cycles, prolonging risk windows. Specialised integrators such as Soteria retrofit passive-monitoring sensors and anomaly-detection nodes, yet full remediation often coincides with 10-15-year capex refresh intervals, tempering near-term security spend.

Segment Analysis

By Offering: Services Accelerate as Skills Gap Widens

Solutions retained 54.3% of 2024 revenue, anchored by firewall, endpoint and identity suites procured to satisfy NIS2 baselines. In value terms, solutions accounted for USD 246 million of the Belgium cybersecurity market size in 2025. Growth, however, tilts toward services at a 10.4% CAGR because outsourcing offsets the labour deficit and offers predictable costs. Managed detection and response, incident readiness assessments and compliance workshops draw the bulk of new contracts. Eye Security’s expansion across the Benelux exemplifies rising interest in tailored MDR packages for mid-sized firms.

Services revenue climbed as clients requested continuous monitoring, threat-intelligence feeds and red-teaming exercises. The Belgium cybersecurity market share of managed services is projected to approach 48% by 2030, narrowing the gap with product sales. Vendor success increasingly hinges on integrating automation, analytics and frontline expertise into cohesive service bundles that map directly to regulatory controls.

By Deployment Mode: Cloud Security Dominates Digital Transformation

Cloud-delivered controls captured 57.1% of 2024 spend, equivalent to USD 259 million of the Belgium cybersecurity market size, and are forecast to grow at 12.7% CAGR. Sovereign-cloud zones operated by Proximus, paired with Google’s disconnected services, address data-residency mandates and enable regulated workloads. On-premises investments persist in defence, critical infrastructure and certain public entities, yet comprise a shrinking allocation of new budgets.

Cloud uptake is fastest among fintechs and healthcare start-ups that leverage container security, micro-segmentation and DevSecOps pipelines to accelerate product cycles. Multi-cloud and hybrid governance frameworks gain traction in large enterprises seeking unified policy enforcement across Amazon Web Services, Microsoft Azure and private-cloud assets. Automated posture-management tools help resource-constrained teams visualise misconfigurations and policy drift.

By Organization Size: SMEs Drive Growth Despite Enterprise Dominance

Large organisations held 62.7% of 2024 expenditure, underpinned by consolidated SOCs and layered defence platforms. They continue to invest in attack-surface management and zero-trust segmentation, but their incremental budget growth trails that of smaller firms. SMEs generate the highest 11.3% CAGR as the NIS2 scope now encompasses medium-sized businesses in energy, logistics and digital services.

Subscription-based SaaS models and bundled MDR contracts make enterprise-grade controls financially viable for organisations with fewer than 250 employees. Funding rounds for Aikido Security illustrate investor belief that intuitive developer-centric security tooling matches SME requirements. Government voucher schemes in Wallonia further defray adoption costs, stimulating demand across rural municipalities.

By End User: Healthcare Emerges as Fastest-Growing Vertical

BFSI contributed 27.9% of 2024 turnover; its compliance-driven posture keeps spend per employee among the highest in Europe. Banks such as KBC automate behavioural-biometrics and AI-driven fraud analytics to satisfy PSD2 strong-customer-authentication rules. Healthcare, however, is projected to chart an 11.5% CAGR through 2030 on the back of electronic-health-record rollouts and ransomware exposure.

Hospitals deploy phishing-resilience platforms and immutable backup services after a series of 2024 disruptions. Industrial enterprises in Flanders prioritise OT-network segmentation, while telecom operators guard national fibre backbones with high-capacity DDoS scrubbing centres. Retail chains fortify point-of-sale endpoints and e-commerce APIs as transaction volumes climb.

Note: Segment shares of all individual segments available upon report purchase

Geography Analysis

Brussels hosts EU institutions, global headquarters and Belgium’s principal cyber-talent pool. The concentration translates into the country’s densest cluster of solution integrators, incident-response firms and research laboratories. Thales alone maintains 1,200 employees across eleven Belgian sites, with flagship CyberIT and CyberOT competence centres in the capital. The city will pilot biometric digital-identity cards from November 2026, injecting fresh investment into encryption, key-management and citizen-data protection frameworks.

Antwerp and Ghent anchor Flanders’ industrial corridor, where manufacturers face legacy-OT risk and port authorities secure maritime logistics chains. InvestAI programme grants, designed to mobilise EUR 200 billion for AI projects, earmark funding for predictive maintenance and cyber-resilience of production lines. Antwerp’s port authority has expanded its cyber-fusion centre to monitor vessel-tracking systems and automate threat-intelligence sharing with freight forwarders.

Wallonia emphasises SME digitalisation under the 2024-2029 Digital Wallonia roadmap, offering “Chèque-Entreprise” subsidies that refund up to 80% of cybersecurity audits. Cross-border ties with France and Luxembourg enable regional MSSPs to service multilingual client bases and standardise compliance tooling across jurisdictions. Emerging projects in renewable-energy storage and smart-grid orchestration are spawning demand for niche OT-security solutions that integrate with real-time SCADA environments.