The Europe Cyber Security Training Market would witness market growth of 16.4% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Cyber Security Training Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $942.4 million by 2031. The UK market is exhibiting a CAGR of 15.3% during (2024 - 2031). Additionally, The France market would experience a CAGR of 17.3% during (2024 - 2031).
The rising adoption of digital technology is an additional factor propelling the expansion of the market. The increasing number of cloud services, connected devices, and digital platforms that have resulted from the digital transformation of businesses has widened the attack surface for cybercriminals. This has made this training essential for organizations to secure their digital assets and protect sensitive information.
Furthermore, regulatory requirements and compliance standards fuel the demand for this training. PCI DSS, GDPR, and HIPAA are a few examples of the stringent data protection and privacy regulations that govern numerous industries. Compliance with these regulations requires organizations to ensure their workforce is trained in best practices and procedures, driving the need for cyber security training programs.
Cybersecurity has emerged as a matter of growing significance in Austria. The Federal Criminal Police Office estimates that there were 60,195 reported cyber crimes in 2022, an increase of 30.4% from 2021 and a new record high. In a recent survey, twelve percent of firms noted that they have been attacked daily in the last 12 months. Notwithstanding the surge in attack volume, a mere 20% of organizations staffing 50 or more individuals have implemented a cybersecurity emergency plan. Therefore, the region will present lucrative growth opportunities for the market in the coming years.
Free Valuable Insights: The Global Cyber Security Training Market will Hit USD 14.95 Billion by 2031, at a CAGR of 16.8%
Based on Certification, the market is segmented into Industry Standard Certifications, and Vendor Specific Certifications. Based on Target Audience, the market is segmented into Enterprises, and Individuals. Based on Training Type, the market is segmented into Online Training, Classroom Training, and Bootcamps. Based on Delivery Method, the market is segmented into Self-pace Training, Instructor-Led Training, and Blended Training. Based on Content, the market is segmented into Foundational Cybersecurity, Technical Skill Training, Compliance Training, Emerging Technologies Training, Cybersecurity Leadership & Others. Based on Industry, the market is segmented into Telecom & IT, Government/Defense, Energy, BFSI, Healthcare, Manufacturing, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
By Certification
By Target Audience
By Training Type
By Delivery Method
By Content
By Industry
By Country
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