Market Share of Switzerland Cybersecurity Industry
The Switzerland cybersecurity market is moderately consolidated, with the presence of a few major companies. The companies continuously invest in strategic partnerships and product developments to gain market share. Some of the recent developments in the market are:
- May 2022: To test the MyShield all-in-one intruder prevention system in the Swiss market, Essence Group, a technology company that creates and distributes wireless, cloud-based security solutions for homes, families, and businesses, announced a partnership with Securitas Direct Switzerland, a top provider of security services.
- May 2022: The public cloud will start receiving applications and data in 2022, according to Zürcher Kantonalbank. The bank has selected Microsoft Switzerland as its initial cloud vendor. The change won't happen automatically; each application's merits will be considered to decide when the best moment is to implement it. The bank's top priority moving forward will continue to be security. The bank will not make any concessions in this regard since it places a high value on maintaining the confidentiality and integrity of crucial business data.
Switzerland Cybersecurity Market Leaders
Sophos Solutions
IBM Corporation
Oracle Corporation
Micro Focus
Juniper Networks
*Disclaimer: Major Players sorted in no particular order
