Market Trends of Netherlands Cybersecurity Industry
This section covers the major market trends shaping the Netherlands Cybersecurity Market according to our research experts:
The Netherlands Introduces Legislation to Make Working from Home a Legal Right
- The lower house of the Dutch parliament has passed legislation making working from home a legal right, shifting the burden onto employers only to reject work from home requests for legitimate reasons. If the Senate approves, the Netherlands will be one of the first countries in the world to include remote working flexibility in its legislation. The work-from-home bill is an amendment to the country's Flexible Working Act 2015, which allowed employees to request changes to their work hours, schedule, and location.
- The Dutch parliament approved legislation establishing home working as a legal right, making the Netherlands one of the first countries to codify such flexibility. During the pandemic, the Dutch government assisted businesses in reimbursing employees for the additional costs of establishing home offices by providing reimbursements and tax exemptions.
- Before the pandemic, working from home was common in the Netherlands. According to Eurostat, the EU's statistics agency, 14% of employed Dutch people worked remotely in 2018, the highest rate in the European Union. The country ranked first in a survey of the best European countries for so-called digital nomads conducted by Plusnet, a British broadband provider, based on factors such as Internet quality, cost of living, and volume of co-working spaces.
- The Dutch multinational bank, ING Groep, announced that employees in the Netherlands, excluding those at branches, could work 50% of the time from home. The bank employs approximately 15,000 people in the Netherlands and 57,000 people worldwide. The vast majority of Dutch workers want flexible working to become a permanent option. According to a recent poll of 5,300 Dutch employees in the financial, business, and government sectors, 70% wanted to work at home and in the office. Only 10% wanted to return to full-time office work, while 20% preferred only to work from home.
- According to Centraal Bureau Voor de Statistiek, 3.67 million people in the Netherlands will work from home in 2020. Approximately two million people worked remotely on a sporadic basis, while 1.6 million worked from home regularly. Both figures gradually increased between 2013 and 2019, until 2020, when the number of people working remotely regularly increased while the number of people working from home sporadically decreased significantly. This could imply that many people who worked sporadically worked from home regularly due to the Coronavirus pandemic.
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Growing Demand for Cloud Security
- Cloud shift is about more than just the cloud. As organizations pursue new IT architectures and business philosophies, they lay the groundwork for new digital business opportunities, such as next-generation IT solutions like the Internet of Things. Organizations that embrace dynamic, cloud-based business models are well positioned for cost reduction and competitive advantage.
- Cloud computing adoption among enterprises in the Netherlands has almost doubled over the past five years, from 35% in 2016 to 65% in 2021. Together with Sweden (75%), Finland (75%), and Denmark (65%), the Netherlands is among the leading countries in the adoption of cloud computing in the EU.
- Meanwhile, the devastating SolarWinds trojan attack of 2021 has left 18,000 organizations worldwide scrambling to secure their assets. Cyberattacks will become more common as society moves online, and businesses must be cautious when selecting innovative security tools.
- The country's National Cyber Security Centre (NCSC) has seen an increase in the use of multifactor authentication by companies, and insecure technologies are being phased out, improving detection and response. A wide range of initiatives is emerging to enhance organizations' resilience.
- Innovative Dutch digitalization is driving its global cybersecurity cluster. In the Netherlands, technology and data are part of virtually every industry. The currency of all these innovations has become as valuable as the personally identifiable information we are trying to protect. It's not just protecting businesses but securing the identities that are increasingly digitized like never before.
- According to Smart Profile; Executive-People, Dutch IT-channel; the survey outcomes, as of 2021, the market share for SaaS cloud applications in the Netherlands was highest in the education sector. In contrast, cloud applications were least used in the transport and manufacturing sectors. 92% of Dutch organizations use the software as a service solution. Software as a service cloud applications
- With 73%, Microsoft Azure took most of the market share for cloud computing in the Netherlands in 2020. Azure had the highest percentage within the healthcare sector, with 90%, whereas AWS had just six percent. Google Cloud Platform, Microsoft Azure, and Amazon Web Services are cloud services in which you can either store data, backup data, compute data, or use specialized software created by either platform.
