Market Share of Europe Cybersecurity Industry
The European cybersecurity market is highly competitive, owing to several global players. Some of the major players in the market are IBM Corporation, Cisco Systems, Inc., Fujitsu, Fujitsu Limited (Fujitsu Group), Dell Technologies Inc., and Broadcom. The market players are indulging in strategic partnerships, product launches, and acquisitions as lucrative paths toward expanding their market share. Several global cybersecurity providers are also expanding their presence and strengthening their foothold in the European region.
In December 2023, IBM Corporation announced that the company had signed an agreement with the NATO Communications and Information Agency (NCI Agency) to help strengthen the Alliance’s cybersecurity posture with improved security visibility and asset management across all NATO enterprise networks.
In December 2023, Palo Alto Networks Inc. completed its acquisition of Dig Security, a provider of Data Security Posture Management, to integrate its data security solutions into the Palo Alto Networks Prisma Cloud platform, which would enable organizations with real-time data protection across the entire cloud environment and can fuel its market adoption in Europe, supported by the increasing trend of cloud migrations in the European region.
Europe Cybersecurity Market Leaders
IBM Corporation
Cisco Systems, Inc.
Fujitsu Limited (Fujitsu Group)
Dell Technologies Inc.
Broadcom
*Disclaimer: Major Players sorted in no particular order
