Spain Cybersecurity Market Analysis by Mordor Intelligence
The Spain cybersecurity market size stood at USD 4.57 billion in 2025 and is forecast to expand to USD 7.26 billion by 2030, advancing at a 9.68% CAGR. Spain’s decision to position itself as a continental cybersecurity hub, combined with surging ransomware activity and strict EU-level mandates, is fuelling sustained spending on cloud-based protection, managed detection, and quantum-safe encryption solutions. Public-sector programs such as the EUR 1.2 billion National Cybersecurity Strategy, the Digital Spain 2026 roadmap, and the CorA cloud migration plan are enlarging the domestic addressable base for vendors. Rapid 5G rollout, tourism-led cashless retail, and growing industrial digitisation further widen the attack surface, prompting enterprises to prioritise security orchestration and incident-response outsourcing. Although the talent shortage and budget limits at micro-SMEs act as headwinds, Spain’s vibrant start-up ecosystem and targeted public subsidies continue to draw foreign capital and technology partnerships into the Spain cybersecurity market.
Key Report Takeaways
- By offering, solutions captured 69.8% revenue in 2024 while managed services are projected to record a 12.85% CAGR to 2030.
- By deployment mode, cloud-based platforms held 61.4% of the Spain cybersecurity market share in 2024 and are on track to post a 13.5% CAGR through 2030.
- By end-user enterprise size, large enterprises accounted for 59.9% of the Spain cybersecurity market size in 2024 whereas SMEs are expected to grow at 11.2% CAGR.
- By end-user vertical, BFSI led with 28.8% revenue in 2024; healthcare is poised for a 16.7% CAGR between 2025 and 2030.
Spain Cybersecurity Market Trends and Insights
Drivers Impact Analysis
| Driver | ( ~ ) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Spain’s EUR 1.2 billion National Cybersecurity Strategy accelerating security spend | +2.1% | Madrid, Barcelona, Valencia | Medium term (2-4 years) |
| Rapid digitalisation of SMEs under Digital Spain 2026 expanding attack surface | +1.8% | Industrial regions nationwide | Short term (≤ 2 years) |
| CorA plan cloud adoption boosting native cloud-security demand | +1.5% | Basque Country, Catalonia | Medium term (2-4 years) |
| 5G rollout intensifying edge threats and network-security investment | +1.3% | Major metropolitan areas | Long term (≥ 4 years) |
| Tourism-led cashless retail boom driving payment-fraud mitigation | +0.9% | Coastal regions and islands | Short term (≤ 2 years) |
| Heightened nation-state threat activity targeting critical infrastructure | +1.2% | National | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Spain’s EUR 1.2 billion National Cybersecurity Strategy accelerating security spend
Government pledges to channel 2% of GDP into security and defence in 2025 include a dedicated 31.16% slice for telecom and cyber capabilities. The resulting flow of EUR 1.2 billion is being directed toward quantum-safe cryptography pilots, large-scale SOC upgrades, and workforce programmes that aim to elevate Spain into the global top five for cyber innovation. Spanish banks have already doubled technology outlays, prompting a parallel surge in network-security and IAM contracts within the Spain cybersecurity market [1]Gobierno de España, “Estrategia Nacional de Ciberseguridad,” lamoncloa.gob.es.
Rapid digitalisation of SMEs under Digital Spain 2026 expanding attack surface
Digital Spain 2026 targets the upskilling of 500,000 workers and dispenses grants that offset security adoption costs, yet 70% of current attacks hit SMEs, exposing gaps in basic controls. Kit Digital subsidies now finance enterprise-grade firewalls and MDR subscriptions for firms with 10-49 staff, stimulating vendor focus on lightweight, automated offerings that anchor new revenue in the Spain cybersecurity market.
CorA plan cloud adoption boosting native cloud-security demand
Real Decreto 311/2022 updates the Esquema Nacional de Seguridad, obliging every Spanish public entity to run ENS-compliant controls inside sovereign or hybrid clouds. Health-sector migration alone represents a EUR 848 million opportunity for zero-trust and encryption specialists. Certifications such as Google Cloud’s ENS “Alto” rating validate supply-side readiness and reinforce cloud’s pull on the Spain cybersecurity market.
5G rollout intensifying edge threats and network-security investment
Telefónica’s network beams 5G to more than 90% of Spain’s population, and the state has earmarked EUR 4.3 billion to reinforce backbone connectivity by 2025. Private 5G networks at ports and factories combine IoT and edge workloads, multiplying entry points for attackers. Industrial operators now require AI-driven SOAR tools to contain incidents in real time, advancing demand in the Spain cybersecurity market [2]RCR Wireless News, “Telefónica achieves 90 percent 5G coverage in Spain,” rcrwireless.com .
Restraint Impact Analysis
| Restraint | ( ~ ) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Scarcity of certified cybersecurity talent | -1.4% | Madrid, Barcelona | Short term (≤ 2 years) |
| Budget constraints among micro-SMEs | -0.8% | Rural areas | Medium term (2-4 years) |
| Fragmented regional procurement processes | -0.6% | 17 autonomous communities | Long term (≥ 4 years) |
| Dependence on imported security technologies | -0.5% | National | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Scarcity of certified cybersecurity talent
INCIBE estimates that Spain needed 99,600 specialists in 2025, up from 83,000 vacancies the previous year. Post-quantum cryptography and AI-enabled threat hunting skills are especially rare, prompting enterprises to outsource monitoring to local MSSPs that run 24/7 SOCs. Although INCIBE and Digital Spain programmes deliver free courses, the pipeline remains insufficient, curbing in-house deployment pace across the Spain cybersecurity market.
Budget constraints among micro-SMEs
Banco Santander notes that 60% of small firms that suffer serious breaches may shut within six months, yet many micro-enterprises still allocate minimal resources to security. Awareness of Kit Digital subsidies is uneven outside large cities, so vendors are packaging subscription-based, usage-priced bundles to lower upfront costs and preserve growth momentum in the Spain cybersecurity market [3]Banco Santander, “Informe Pymes y Ciberseguridad,” santander.com .
Segment Analysis
By Offering: Solutions Dominance Drives Market Foundation
Solutions accounted for 69.8% of 2024 revenue and continue to anchor the Spain cybersecurity market as organisations bolster core defences such as NGFWs, EDR and IAM. Compliance with the NIS2 Directive spurs enterprise spending on application security, while autonomous-community agencies prioritise ENS-aligned cloud controls. Managed services, the fastest-growing subsegment, respond to skills shortages by supplying remote SOC functions that compress mean time to detect by 48%. Telefónica Tech now analyses more than 4,000 cloud alerts daily for Spanish customers, illustrating how domestic providers convert local expertise into competitive differentiation within the Spain cybersecurity market.
Demand for professional services endures, centred on ENS audits and NIS2 readiness. Energy utilities relied on Indra consultants to redesign OT segmentation after a 43% attack spike in 2024. Meanwhile, startups automate onboarding and policy configuration to streamline SME adoption. The dual trajectory of high-end managed services and self-service SaaS keeps solutions in the lead even as service revenues accelerate, reinforcing the overall Spain cybersecurity market size outlook.
By Deployment Mode: Cloud Acceleration Reshapes Security Architecture
Cloud deployments captured 61.4% revenue in 2024 and are forecast to advance at a 13.5% CAGR. CorA mandates, multicloud strategies, and sovereign hosting requirements push agencies and banks to treat identity as the new perimeter. ENS “Alto” certification has become a baseline vendor qualification, raising barriers to entry and concentrating spend among compliant suppliers. On-premise controls persist in defence and critical utilities, but hybrid topologies dominate large-enterprise roadmaps, requiring unified policy engines that span SaaS, IaaS, and legacy assets inside the Spain cybersecurity market.
For SMEs, cloud security removes capital expense and provides instant access to threat intelligence feeds. Canary Islands emergency services secured citizen data by encrypting all workloads in a sovereign cloud, showing how public agencies can balance protection and latency requirements. This broad adoption underlines why cloud’s share of the Spain cybersecurity market size will widen further by 2030.
By End-User Enterprise Size: SME Acceleration Drives Market Democratisation
Large enterprises held 59.9% revenue in 2024 thanks to deep budgets, complex risk profiles, and board-level focus. Many now allot double-digit percentages of IT spend to cyber resilience and test quantum-safe protocols. However, SMEs record an 11.2% CAGR as Digital Spain grants, managed service bundles, and heightened ransomware risk alter budget priorities. Average SME cyber spend has risen from single-digit to low-teen percentages of IT allocations since 2021, unlocking fresh addressable volumes for the Spain cybersecurity market.
User-friendly dashboards and automated patching lower the skills threshold, while vendors such as S21Sec roll out fixed-price MDR plans tailored for firms with fewer than 250 employees. As cloud adoption and regulatory compliance converge, SMEs are set to become equal partners in shaping innovation cycles within the Spain cybersecurity industry.
By End-User Vertical: Healthcare Acceleration Leads Digital Transformation
BFSI commanded 28.8% revenue in 2024, driven by PSD2 payment-fraud rules and sustained investment by Spain’s top five banks. Network segmentation, zero-trust architectures, and behavioural analytics dominate bank roadmaps. Healthcare, projected to deliver a 16.7% CAGR, is digitising medical records and tele-consultation platforms, making data sovereignty and ransomware containment urgent. Public hospitals now earmark up to 10% of IT budgets for cybersecurity controls, propelling vendor pipelines within the Spain cybersecurity market.
Energy operators increase OT-security outlays after a 43% attack surge, and industrial automation firms integrate IIoT monitoring across production lines. Retail modernises fraud prevention as e-commerce penetration reaches 68% of Spanish consumers. Each vertical’s regulatory context and digital maturity dictate solution mix, but collectively they reinforce the resilient growth trajectory of the Spain cybersecurity market.
Geography Analysis
Spain displays cohesive national demand despite administrative autonomy across 17 regions. Madrid and Barcelona anchor 1,800 security firms, offering dense talent pools and proximity to tier-1 clients. The Basque Country and Catalonia spearhead open-data initiatives, translating to early ENS “Alto” adoption and a flourishing market for API-security tools within the Spain cybersecurity market. Rural connectivity projects bring fibre and 5G to underserved provinces, generating fresh demand for cloud-delivered controls aimed at municipalities and micro-SMEs.
Coastal and island territories face seasonally volatile attack patterns tied to tourism peaks. The Balearic Islands deployed real-time fraud analytics to secure hotel POS networks as cashless payments expanded. Northern industrial belts invest in OT-security after integrating robotics and IIoT, whereas southern agritech adopters focus on securing smart-irrigation sensors. Cross-border collaboration with Portugal intensified after an April 2025 power-grid incident, illustrating how regional incidents catalyse broader resilience plans in the Spain cybersecurity market.
EU research funding of EUR 90.5 million in 2025 funnels into national universities for post-quantum cryptography and AI threat analytics. Barcelona has become a hotspot for spyware R&D, while Madrid attracts enterprise-security vendors targeting critical infrastructure protection. This distributed specialisation enhances Spain’s collective capacity to innovate and export capabilities, reinforcing its status as an emerging European centre within the Spain cybersecurity market.
Competitive Landscape
Roughly 1,800 players vie for contracts, creating a moderately fragmented environment that rewards differentiation through local compliance expertise, rapid incident response, and sovereign-cloud offerings. Telefónica Tech, Indra, and S21Sec combine nationwide SOC footprints with public-sector relationships, while Microsoft, IBM, Cisco, and Palo Alto Networks complement local presence with global threat intelligence. Telefónica Tech secured an EUR 80 million defence deal in 2025 and broadened its IBM alliance to deliver quantum-safe encryption, highlighting how partnerships scale reach within the Spain cybersecurity market.
Venture capital momentum remains strong. Adara Ventures closed a EUR 100 million fund for cyber start-ups, and Forgepoint Capital established an Iberian office alongside Banco Santander. Zynap’s EUR 5.7 million seed round and Aiuken’s 30% revenue jump exemplify nimble challengers targeting niche analytics and automated response.
Established integrators counter by acquiring start-ups that specialise in OT-security and attack-surface management. Heightened ransomware frequency keeps buyer focus on proven efficacy, yet the sheer breadth of supply maintains competitive pressure across the Spain cybersecurity market.
Spain Cybersecurity Industry Leaders
-
Telefónica Cybersecurity & Cloud Tech, S.L.U.
-
Indra Sistemas, S.A.
-
IBM Corporation
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Grupo S21Sec Gestion, S.A.U.
-
Microsoft Corporation
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- July 2025: SEALSQ expanded its Quantum Investment Fund to more than USD 35 million, dedicating USD 12 million to a post-quantum semiconductor centre in Spain.
- June 2025: Telefónica increased spending on national defence cybersecurity and partnered with Indra to strengthen sovereign resilience.
- May 2025: The government earmarked EUR 1.157 billion for new cybersecurity projects, reinforcing the National Cybersecurity Plan.
- May 2025: Spain launched its first Quantum Technologies Strategy with EUR 800 million funding for 2025-2030.
Spain Cybersecurity Market Report Scope
Cybersecurity is growing in demand owing to the rising number of data breaches and theft of sensitive information of businesses and users. The solution and service providers operating in the Spanish cybersecurity market are therefore offering cybersecurity solutions, identity, access management, and other provisions to ensure the modern IT infrastructure remains safe across different end-user industries.
The Spain 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.
| 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 |
| On-Premise |
| Cloud |
| BFSI |
| Healthcare |
| IT and Telecom |
| Industrial and Defense |
| Manufacturing |
| Retail and E-commerce |
| Energy and Utilities |
| Manufacturing |
| Others |
| 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 | ||
| Manufacturing | ||
| Others | ||
| By End-User Enterprise Size | Small and Medium Enterprises (SMEs) | |
| Large Enterprises | ||
Key Questions Answered in the Report
How fast will the Spain cybersecurity market grow by 2030?
The market is forecast to expand from USD 4.57 billion in 2025 to USD 7.26 billion in 2030, posting a 9.68% CAGR.
Why is cloud security gaining such a high Spain cybersecurity market share?
Public administration mandates, ENS compliance, and widespread hybrid-work adoption pushed cloud deployments to 61.4% revenue in 2024 with a projected 13.5% CAGR.
Which segment of the Spain cybersecurity market size is growing the quickest?
Managed security services are set to rise at 12.85% CAGR because organisations need round-the-clock monitoring amid a talent shortage.
What is driving healthcare spending on cybersecurity in Spain?
Digital records, tele-health expansion, and ransomware attacks are prompting hospitals to raise cybersecurity budgets, leading to a 16.7% CAGR for the healthcare vertical.
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