Market Overview
| Study Period | 2019 - 2030 |
|---|---|
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 261.5 Million |
| Market Size (2030) | USD 393.20 Million |
| Growth Rate (2025 - 2030) | 8.50% CAGR |
| Market Concentration | Medium |
Major Players.webp)
*Disclaimer: Major Players sorted in no particular order Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0. |
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Norway Cybersecurity Market Analysis by Mordor Intelligence
The Norway cybersecurity market size is valued at USD 261.5 million in 2025 and is projected to reach USD 393.2 million by 2030, expanding at an 8.50% CAGR. Rising state-sponsored intrusions against offshore energy assets, rapid public-sector cloud migration, and stricter data-sovereignty directives combine to keep security spending on an upward trajectory. Buyers shift budgets from perimeter tools to identity-centric controls and managed detection in order to overcome a chronic shortage of Norwegian-speaking analysts, while telecom operators embed threat protection directly inside 5 G core slices for national-security reasons. Industrial firms harden operational-technology (OT) networks and converge them with IT telemetry, creating a lucrative niche for providers able to certify ruggedized appliances. As a result, the Norway cybersecurity market is becoming subscription-heavy; by the end of the forecast period two-thirds of all outlays are expected to flow through “as-a-service” contracts rather than one-off licenses.
Key Report Takeaways
- By offering, solutions captured 51.2% of Norway cybersecurity market share in 2024, while services are on track for a 9.73% CAGR through 2030.
- By deployment mode, on-premise led with 54.5% share in 2024; cloud security is forecast to scale at 11.27% CAGR to 2030.
- By end-user vertical, BFSI commanded 31.6% of the Norway cybersecurity market size in 2024, whereas healthcare will pace the field with an 11.87% CAGR.
- By end-user enterprise size, large enterprises held 62.7% in 2024; SMEs are projected to expand at 10.39% CAGR.
Norway Cybersecurity Market Trends and Insights
Drivers Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| National funding under “Nasjonal Cyber Sikkerhetsstrategi 2023-27” | +2.0% | Oslo, Bergen, Stavanger | Medium term (2-4 yrs) |
| Accelerated cloud adoption after EU Digitalisation Directive 2022/2370 | +1.7% | Central government agencies | Short term (≤ 2 yrs) |
| OT security spend for North-Sea oil and gas platforms | +1.0% | North-Sea fields and coastal HQs | Medium term (2-4 yrs) |
| 5 G roll-out by Telenor and Ice | +0.9% | Urban centers nationwide | Short term (≤ 2 yrs) |
| Rise in municipal ransomware and MDR outsourcing | +1.3% | 356 municipalities | Short term (≤ 2 yrs) |
| Growth of sovereign-cloud initiatives | +0.6% | National | Long term (≥ 4 yrs) |
| Source: Mordor Intelligence | |||
Surge in National-Level Funding
Underscored by the 2023-27 strategy, the government earmarked multi-year budgets for sectoral SOC upgrades and threat-intel sharing. Predictable funding encourages vendors to localize RandD and certify products for Norwegian language logs, fostering a tighter public-private defense fabric [1]Ministry of Justice and Public Security, “Nasjonal Cyber Sikkerhetsstrategi 2023-27,” regjeringen.no. The systematic roll-out of regional cyber ranges accelerates skills transfer, reducing mean time to detect stealthy campaigns.
Cloud Adoption after the Digitalisation Directive
The Directive mainstreamed sovereign-cloud procurement templates, letting agencies lift legacy workloads into ISO 27001-aligned clouds without case-by-case approvals [2]Norwegian Digitalisation Agency, “National Cloud Policy and Procurement Templates,” digdir.no. Harmonized baselines compress sales cycles and push vendors to bake encryption and access brokering into default bundles. Enterprises emulate the same blueprints to simplify audits, extending the driver’s reach beyond the state sector.
OT Security Spending in Oil and Gas
Operators retrofit SCADA assets with zero-trust gateways hardened for harsh sea conditions. Petroleumstilsynet’s knowledge-transfer program makes OT cyber-hygiene part of drilling safety audits, anchoring budgets even during commodity price swings. Vendors that bridge sensor protocols and IT SIEMs secure multi-platform contracts, raising the average deal size across the Norway cybersecurity market.
5 G Roll-out Security Investments
Telenor’s SafeZone and Ice’s defense-grade slicing embed protection at the radio-core interface. Network-native firewalls and AI anomaly engines generate recurring revenues that offset flat consumer ARPU, making security a telco profit center.
Restraint Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Shortage of Norwegian-speaking certified talent | –1.6% | Nationwide | Long term (≥ 4 yrs) |
| Legacy on-premise critical infrastructure | –0.9% | Energy, transport | Medium term (2-4 yrs) |
| Data-sovereignty restrictions on foreign SaaS | –0.8% | Public sector | Medium term (2-4 yrs) |
| Budget limits in smaller municipalities | –0.4% | Rural councils | Short term (≤ 2 yrs) |
| Source: Mordor Intelligence | |||
Talent Shortage
An estimated 4,000-plus security positions risk going unfilled by 2030, especially roles requiring native-language forensic work. In-house programs stall, forcing Boards to outsource or automate, yet salary inflation squeezes project ROI, shaving growth from the broader Norway cybersecurity market.
Legacy Infrastructure
The National Security Authority mandates retirement of SSL-VPN/WebVPN in favor of IPsec IKEv2 by 2025, yet many operators lack downtime windows to swap gear[3]National Security Authority, “Recommendations for Secure Remote Access,” nsm.no . Interim segmentation projects consume budgets that could have funded advanced analytics, moderating demand in the short run.
Segment Analysis
By Offering: Services Close the Gap with Solutions
Solutions generated 51.2% of 2024 revenue, anchored by network firewalls and identity platforms, but growth moderates as renewals follow multi-year cycles. Managed services enjoy a 9.73% CAGR, riding the talent crunch that drives enterprises to 24 × 7 SOC outsourcing. Expanded SLAs covering threat-hunting and vulnerability scanning deepen wallet share. The Norway cybersecurity market size for services is on course to nearly match solutions by 2030.
Elsewhere, AI-driven orchestration layers that unify ticketing, response and compliance reporting differentiate leading MSSPs. Vendors pair local-language staffing with machine learning to counter alerts fatigue, creating a defensible moat.
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By Deployment Mode: Cloud Gains Ground on On-Premise
On-premise still holds 54.5% share thanks to critical-infrastructure rules, yet cloud security’s 11.27% CAGR underscores a structural pivot toward elastic defenses. Government templates normalize sovereign-cloud patterns, allowing agencies to shift sensitive records without breaching § data-locality statutes. Providers supplying hybrid key-management and policy-enforcement loops prosper as clients balance latency with compliance.
Meanwhile, rugged sites retain local gateways for traffic shaping, but analytical back-ends increasingly run in domestic hyperscale centers. This hybrid posture lets buyers access advanced analytics while keeping raw telemetry within national borders, sustaining both sub-segments inside the Norway cybersecurity market.
By End-User Vertical: Healthcare Outpaces BFSI
BFSI remains the single largest vertical with 31.6% share, courtesy of PSD2 open-banking rules and stringent AML oversight. Nonetheless, healthcare’s 11.87% CAGR leads all segments as e-health records and tele-consult platforms proliferate. Regional hospital trusts fund tokenization and diagnostics device isolation to meet patient-data mandates, catalyzing vendor specialization.
Oil-and-gas, IT-telecom and public administration each allocate rising budgets to reconcile OT–IT convergence, 5 G adoption and citizen-service digitization. Together they diversify the Norway cybersecurity market, distributing risk across multiple buying centers.
Note: Segment shares of all individual segments available upon report purchase
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By End-User Enterprise Size: SMEs Step Up Spending
Large enterprises commanded 62.7% share in 2024 through multi-layer deployments spanning OT, IT and cloud. Growth steadies as baseline controls saturate. SMEs accelerate at 10.39% CAGR, enabled by pay-as-you-go bundles that package EDR, email defense and awareness training under a single invoice. Channel partners localize onboarding to overcome skills gaps, unlocking latent demand across Norway’s western coast.
A material shift occurs when insurers start linking cyber-coverage premiums to SOC telemetry, nudging smaller firms to adopt continuous monitoring. The ripple expands total addressable revenues for MDR providers operating in the Norway cybersecurity market.
Geography Analysis
Oslo-Viken dominates spending through a dense cluster of banks, ministries and startups that require round-the-clock SOC coverage. Universities pump talent into vendor labs, and proximity to regulators makes the region a compliance advisory hub. Mature buyers now redirect funds from perimeter refreshes toward cloud posture management, reinforcing subscription growth across the Norway cybersecurity market.
Western Norway, anchored by Stavanger and Bergen, shows the highest per-capita outlay on OT security. Offshore rigs and shipping lanes depend on ruggedized zero-trust gateways and satellite-resilient SIEMs. Contracts often bundle maritime-grade hardware with managed analytics, lifting average deal sizes beyond metropolitan norms.
Northern counties such as Troms og Finnmark see rising investments in encrypted Arctic data links and research-station connectivity. Public grants for digital inclusion add municipal SOC nodes, spreading demand to regions previously underserved. Providers capable of servicing harsh-environment endpoints gain a first-mover advantage, widening the Norway cybersecurity market footprint.
Competitive Landscape
Mnemonic AS leads the domestic field, leveraging Norwegian-language threat intel to secure critical-infrastructure SOC contracts. Continuous expansion into managed detection keeps renewal rates high while drawing multinational customers seeking regional expertise.
Global vendors—Cisco, Check Point, Microsoft—retain strong positions via broad portfolios and certified channel partners. Telenor Cyberdefence, fortified by the Combitech acquisition, integrates telco telemetry with hyperscale analytics, reshaping competitive boundaries and injecting telecom capitalization into the Norway cybersecurity market.
Niche specialists focus on OT hardening, healthcare compliance and sovereign-cloud key management. Rather than outright acquisition, large integrators opt for co-selling agreements to package deep vertical know-how with mainstream platforms. This collaborative dynamic sustains innovation while preserving healthy rivalry across three tiers of suppliers.
Norway Cybersecurity Industry Leaders
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ABB
-
Thales
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IBM Corporation
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Dell Inc.
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Telia Company AB
- *Disclaimer: Major Players sorted in no particular order
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Recent Industry Developments
- January 2025: The National Security Authority launched a pilot that funds automated incident-response playbooks for midsize municipalities, aiming to cut breach containment times.
- December 2024: Cyviz partnered with EOS IT Solutions to ship secure collaboration kits to a global card-payments giant.
- October 2024: Ice activated a defense-grade 5 G core for the Norwegian Armed Forces.
- September 2024: Telenor bought Combitech and allied with Google Cloud on threat-analytics R&D.
Norway Cybersecurity Market Report Scope
Cybersecurity solutions help an organization monitor, detect, report, and counter cyber threats that are internet-based attempts to damage or disrupt information systems and hack critical information using spyware and malware, and phishing, to maintain data confidentiality. The study is structured to track the revenues accrued by cybersecurity vendors through sales of various solutions and allied services.
Norway cybersecurity market is segmented by offerings (solutions [application security, cloud security, data security, identity access management, infrastructure protection, integrated risk management, network security, end-point security, and other solution types] and services [professional services and managed services]), by deployment (On-premise, and cloud), by organization size (SMEs, large enterprises), by end-user vertical (BFSI, healthcare, IT and telecom, industrial and defense, retail, energy and utilities, manufacturing, and other end-user industries),. The market sizes and forecasts are provided in terms of value in (USD) for all the above segments.
By Offering
| Solutions | Application Security |
| Cloud Security | |
| Data Security | |
| Identity and Access Management | |
| Infrastructure Protection | |
| Integrated Risk Management | |
| Network Security Equipment | |
| Endpoint Security | |
| Other Services | |
| Services | Professional Services |
| Managed Services |
By Deployment Mode
| On-Premise |
| Cloud |
By End-User Vertical
| BFSI |
| Healthcare |
| IT and Telecom |
| Industrial and Defense |
| Manufacturing |
| Retail and E-commerce |
| Energy and Utilities |
| Others |
By End-User Enterprise Size
| Small and Medium Enterprises (SMEs) |
| Large Enterprises |
| By Offering | Solutions | Application Security |
| Cloud Security | ||
| Data Security | ||
| Identity and Access Management | ||
| Infrastructure Protection | ||
| Integrated Risk Management | ||
| Network Security Equipment | ||
| Endpoint Security | ||
| Other Services | ||
| Services | Professional Services | |
| Managed Services | ||
| By Deployment Mode | On-Premise | |
| Cloud | ||
| By End-User Vertical | BFSI | |
| Healthcare | ||
| IT and Telecom | ||
| Industrial and Defense | ||
| Manufacturing | ||
| Retail and E-commerce | ||
| Energy and Utilities | ||
| Others | ||
| By End-User Enterprise Size | Small and Medium Enterprises (SMEs) | |
| Large Enterprises | ||
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Key Questions Answered in the Report
What is the Norway cybersecurity market size outlook through 2030?
The market is forecast to grow from USD 261.5 million in 2025 to USD 393.2 million in 2030 at an 8.50% CAGR.
Which deployment mode is expanding fastest?
Cloud security solutions lead with an 11.27% CAGR as agencies and enterprises embrace sovereign-cloud architectures.
Why is healthcare the fastest-growing vertical?
Digital records and telemedicine growth drive hospitals to invest in zero-trust controls, pushing healthcare to an 11.87% CAGR.
How does the talent gap affect spending patterns?
Shortages of certified Norwegian-speaking analysts boost demand for managed detection and AI-driven automation, reshaping purchase priorities.
What makes OT security a distinct opportunity?
North-Sea oil-and-gas operators must protect SCADA assets in harsh environments, elevating demand for ruggedized, domain-specific solutions.
Are SMEs materially influencing the market’s trajectory?
Yes; affordable subscription bundles and insurance-linked telemetry requirements propel SME security spending at a double-digit CAGR.
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