The Europe Information Technology (IT) Security as a Service Market would witness market growth of 12.3% CAGR during the forecast period (2023-2030).
Cloud-based firewalls are one example of IT security services that monitor and restrict incoming and outgoing network traffic based on predetermined security rules. Firewall as a service (FWaaS) provides a scalable and centralized approach to network security, protecting organizations from unauthorized access and cyber threats. These services analyze network and system activities for malicious or security policy violations.
ITSECaaS offers secure VPN solutions that enable organizations to create encrypted connections over the internet. This assures the confidentiality and integrity of data transmitted between remote offices, users, or devices. IT security services deliver endpoint protection against malicious software, viruses, and other cyber threats. This includes real-time scanning, threat detection, and automated removal of malicious entities.
According to the UK Government, the UK's financial services sector is one of the world's most open, innovative, and dynamic. The United Kingdom represents 11% of the global fintech industry. It is home to an estimated 2,500 fintech companies, with six of the top ten in London. The BFSI sector in the UK is undergoing a digital banking transformation, with increased reliance on online and mobile banking services. The adoption of mobile and contactless payment methods has surged in the UK. Thus, all these factors will uplift the regional market’s expansion in the coming years.
The Germany market dominated the Europe Information Technology (IT) Security as a Service Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,485.3 million by 2030. The UK market is exhibiting a CAGR of 11.3% during (2023 - 2030). Additionally, The France market would experience a CAGR of 13.1% during (2023 - 2030).
Free Valuable Insights: The Global Information Technology (IT) Security as a Service Market will Hit $37.4 Billion by 2030, at a CAGR of 12.5%
Based on End User, the market is segmented into BFSI, Education, Telecom, Healthcare, Energy & Utilities, and Others. Based on Offering, the market is segmented into Endpoint Protection, Email Encryption, Information Security, Event Monitoring, Data Loss Prevention, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Quick Heal Technologies Limited
- Trend Micro, Inc.
- Radware Ltd.
- Cisco Systems Inc.
- Broadcom, Inc.
- Cloudflare, Inc.
- Check Point Software Technologies Ltd.
- Hewlett Packard enterprise Company
- Barracuda Networks, Inc. (KKR & Co. Inc.)
- Fortinet, Inc.
Europe Information Technology (IT) Security as a Service Market Report Segmentation
By End User
- BFSI
- Education
- Telecom
- Healthcare
- Energy & Utilities
- Others
By Offering
- Endpoint Protection
- Email Encryption
- Information Security
- Event Monitoring
- Data Loss Prevention
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Information Technology (IT) Security as a Service Market, by End User
1.4.2 Europe Information Technology (IT) Security as a Service Market, by Offering
1.4.3 Europe Information Technology (IT) Security as a Service Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.3.2 Key Strategic Move: (Mergers & Acquisition: 2019, Oct – 2023, Nov) Leading Players
4.4 Porter’s Five Forces Analysis
Chapter 5. Europe Information Technology (IT) Security as a Service Market by End User
5.1 Europe BFSI Market by Country
5.2 Europe Education Market by Country
5.3 Europe Telecom Market by Country
5.4 Europe Healthcare Market by Country
5.5 Europe Energy & Utilities Market by Country
5.6 Europe Others Market by Country
Chapter 6. Europe Information Technology (IT) Security as a Service Market by Offering
6.1 Europe Endpoint Protection Market by Country
6.2 Europe Email Encryption Market by Country
6.3 Europe Information Security Market by Country
6.4 Europe Event Monitoring Market by Country
6.5 Europe Data Loss Prevention Market by Country
6.6 Europe Others Market by Country
Chapter 7. Europe Information Technology (IT) Security as a Service Market by Country
7.1 Germany Information Technology (IT) Security as a Service Market
7.1.1 Germany Information Technology (IT) Security as a Service Market by End User
7.1.2 Germany Information Technology (IT) Security as a Service Market by Offering
7.2 UK Information Technology (IT) Security as a Service Market
7.2.1 UK Information Technology (IT) Security as a Service Market by End User
7.2.2 UK Information Technology (IT) Security as a Service Market by Offering
7.3 France Information Technology (IT) Security as a Service Market
7.3.1 France Information Technology (IT) Security as a Service Market by End User
7.3.2 France Information Technology (IT) Security as a Service Market by Offering
7.4 Russia Information Technology (IT) Security as a Service Market
7.4.1 Russia Information Technology (IT) Security as a Service Market by End User
7.4.2 Russia Information Technology (IT) Security as a Service Market by Offering
7.5 Spain Information Technology (IT) Security as a Service Market
7.5.1 Spain Information Technology (IT) Security as a Service Market by End User
7.5.2 Spain Information Technology (IT) Security as a Service Market by Offering
7.6 Italy Information Technology (IT) Security as a Service Market
7.6.1 Italy Information Technology (IT) Security as a Service Market by End User
7.6.2 Italy Information Technology (IT) Security as a Service Market by Offering
7.7 Rest of Europe Information Technology (IT) Security as a Service Market
7.7.1 Rest of Europe Information Technology (IT) Security as a Service Market by End User
7.7.2 Rest of Europe Information Technology (IT) Security as a Service Market by Offering
Chapter 8. Company Profiles
8.1 Quick Heal Technologies Limited
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Recent strategies and developments:
8.1.4.1 Partnerships, Collaborations, and Agreements:
8.1.4.2 Product Launches and Product Expansions:
8.1.5 SWOT Analysis
8.2 Trend Micro, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Acquisition and Mergers:
8.2.6 SWOT Analysis
8.3 Radware Ltd.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.6 SWOT Analysis
8.4 Cisco Systems, Inc.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Product Launches and Product Expansions:
8.4.5.3 Acquisition and Mergers:
8.4.6 SWOT Analysis
8.5 Broadcom, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.5.2 Acquisition and Mergers:
8.5.6 SWOT Analysis
8.6 Cloudflare, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Acquisition and Mergers:
8.6.6 SWOT Analysis
8.7 Check Point Software Technologies Ltd.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.7.5.2 Acquisition and Mergers:
8.7.6 SWOT Analysis
8.8 Hewlett Packard Enterprise Company
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Acquisition and Mergers:
8.8.6 SWOT Analysis
8.9 Barracuda Networks, Inc. (KKR & Co. Inc.)
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 SWOT Analysis
8.10. Fortinet, Inc.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Regional Analysis
8.10.4 Research & Development Expenses
8.10.5 Recent strategies and developments:
8.10.5.1 Product Launches and Product Expansions:
8.10.6 SWOT Analysis
TABLE 1 Europe Information Technology (IT) Security as a Service Market, 2019 - 2022, USD Million
TABLE 2 Europe Information Technology (IT) Security as a Service Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Information Technology (IT) Security as a Service Market
TABLE 4 Product Launches And Product Expansions– Information Technology (IT) Security as a Service Market
TABLE 5 Acquisition and Mergers– Information Technology (IT) Security as a Service Market
TABLE 6 Europe Information Technology (IT) Security as a Service Market by End User, 2019 - 2022, USD Million
TABLE 7 Europe Information Technology (IT) Security as a Service Market by End User, 2023 - 2030, USD Million
TABLE 8 Europe BFSI Market by Country, 2019 - 2022, USD Million
TABLE 9 Europe BFSI Market by Country, 2023 - 2030, USD Million
TABLE 10 Europe Education Market by Country, 2019 - 2022, USD Million
TABLE 11 Europe Education Market by Country, 2023 - 2030, USD Million
TABLE 12 Europe Telecom Market by Country, 2019 - 2022, USD Million
TABLE 13 Europe Telecom Market by Country, 2023 - 2030, USD Million
TABLE 14 Europe Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 15 Europe Healthcare Market by Country, 2023 - 2030, USD Million
TABLE 16 Europe Energy & Utilities Market by Country, 2019 - 2022, USD Million
TABLE 17 Europe Energy & Utilities Market by Country, 2023 - 2030, USD Million
TABLE 18 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 19 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 20 Europe Information Technology (IT) Security as a Service Market by Offering, 2019 - 2022, USD Million
TABLE 21 Europe Information Technology (IT) Security as a Service Market by Offering, 2023 - 2030, USD Million
TABLE 22 Europe Endpoint Protection Market by Country, 2019 - 2022, USD Million
TABLE 23 Europe Endpoint Protection Market by Country, 2023 - 2030, USD Million
TABLE 24 Europe Email Encryption Market by Country, 2019 - 2022, USD Million
TABLE 25 Europe Email Encryption Market by Country, 2023 - 2030, USD Million
TABLE 26 Europe Information Security Market by Country, 2019 - 2022, USD Million
TABLE 27 Europe Information Security Market by Country, 2023 - 2030, USD Million
TABLE 28 Europe Event Monitoring Market by Country, 2019 - 2022, USD Million
TABLE 29 Europe Event Monitoring Market by Country, 2023 - 2030, USD Million
TABLE 30 Europe Data Loss Prevention Market by Country, 2019 - 2022, USD Million
TABLE 31 Europe Data Loss Prevention Market by Country, 2023 - 2030, USD Million
TABLE 32 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 33 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 34 Europe Information Technology (IT) Security as a Service Market by Country, 2019 - 2022, USD Million
TABLE 35 Europe Information Technology (IT) Security as a Service Market by Country, 2023 - 2030, USD Million
TABLE 36 Germany Information Technology (IT) Security as a Service Market, 2019 - 2022, USD Million
TABLE 37 Germany Information Technology (IT) Security as a Service Market, 2023 - 2030, USD Million
TABLE 38 Germany Information Technology (IT) Security as a Service Market by End User, 2019 - 2022, USD Million
TABLE 39 Germany Information Technology (IT) Security as a Service Market by End User, 2023 - 2030, USD Million
TABLE 40 Germany Information Technology (IT) Security as a Service Market by Offering, 2019 - 2022, USD Million
TABLE 41 Germany Information Technology (IT) Security as a Service Market by Offering, 2023 - 2030, USD Million
TABLE 42 UK Information Technology (IT) Security as a Service Market, 2019 - 2022, USD Million
TABLE 43 UK Information Technology (IT) Security as a Service Market, 2023 - 2030, USD Million
TABLE 44 UK Information Technology (IT) Security as a Service Market by End User, 2019 - 2022, USD Million
TABLE 45 UK Information Technology (IT) Security as a Service Market by End User, 2023 - 2030, USD Million
TABLE 46 UK Information Technology (IT) Security as a Service Market by Offering, 2019 - 2022, USD Million
TABLE 47 UK Information Technology (IT) Security as a Service Market by Offering, 2023 - 2030, USD Million
TABLE 48 France Information Technology (IT) Security as a Service Market, 2019 - 2022, USD Million
TABLE 49 France Information Technology (IT) Security as a Service Market, 2023 - 2030, USD Million
TABLE 50 France Information Technology (IT) Security as a Service Market by End User, 2019 - 2022, USD Million
TABLE 51 France Information Technology (IT) Security as a Service Market by End User, 2023 - 2030, USD Million
TABLE 52 France Information Technology (IT) Security as a Service Market by Offering, 2019 - 2022, USD Million
TABLE 53 France Information Technology (IT) Security as a Service Market by Offering, 2023 - 2030, USD Million
TABLE 54 Russia Information Technology (IT) Security as a Service Market, 2019 - 2022, USD Million
TABLE 55 Russia Information Technology (IT) Security as a Service Market, 2023 - 2030, USD Million
TABLE 56 Russia Information Technology (IT) Security as a Service Market by End User, 2019 - 2022, USD Million
TABLE 57 Russia Information Technology (IT) Security as a Service Market by End User, 2023 - 2030, USD Million
TABLE 58 Russia Information Technology (IT) Security as a Service Market by Offering, 2019 - 2022, USD Million
TABLE 59 Russia Information Technology (IT) Security as a Service Market by Offering, 2023 - 2030, USD Million
TABLE 60 Spain Information Technology (IT) Security as a Service Market, 2019 - 2022, USD Million
TABLE 61 Spain Information Technology (IT) Security as a Service Market, 2023 - 2030, USD Million
TABLE 62 Spain Information Technology (IT) Security as a Service Market by End User, 2019 - 2022, USD Million
TABLE 63 Spain Information Technology (IT) Security as a Service Market by End User, 2023 - 2030, USD Million
TABLE 64 Spain Information Technology (IT) Security as a Service Market by Offering, 2019 - 2022, USD Million
TABLE 65 Spain Information Technology (IT) Security as a Service Market by Offering, 2023 - 2030, USD Million
TABLE 66 Italy Information Technology (IT) Security as a Service Market, 2019 - 2022, USD Million
TABLE 67 Italy Information Technology (IT) Security as a Service Market, 2023 - 2030, USD Million
TABLE 68 Italy Information Technology (IT) Security as a Service Market by End User, 2019 - 2022, USD Million
TABLE 69 Italy Information Technology (IT) Security as a Service Market by End User, 2023 - 2030, USD Million
TABLE 70 Italy Information Technology (IT) Security as a Service Market by Offering, 2019 - 2022, USD Million
TABLE 71 Italy Information Technology (IT) Security as a Service Market by Offering, 2023 - 2030, USD Million
TABLE 72 Rest of Europe Information Technology (IT) Security as a Service Market, 2019 - 2022, USD Million
TABLE 73 Rest of Europe Information Technology (IT) Security as a Service Market, 2023 - 2030, USD Million
TABLE 74 Rest of Europe Information Technology (IT) Security as a Service Market by End User, 2019 - 2022, USD Million
TABLE 75 Rest of Europe Information Technology (IT) Security as a Service Market by End User, 2023 - 2030, USD Million
TABLE 76 Rest of Europe Information Technology (IT) Security as a Service Market by Offering, 2019 - 2022, USD Million
TABLE 77 Rest of Europe Information Technology (IT) Security as a Service Market by Offering, 2023 - 2030, USD Million
TABLE 78 Key Information – Quick Heal Technologies Limited
TABLE 79 Key Information – Trend Micro, Inc.
TABLE 80 Key Information – Radware Ltd.
TABLE 81 Key Information – Cisco Systems, Inc.
TABLE 82 Key Information – Broadcom, Inc.
TABLE 83 Key Information – Cloudflare, Inc.
TABLE 84 Key Information – Check Point Software Technologies Ltd.
TABLE 85 Key Information – Hewlett Packard Enterprise Company
TABLE 86 Key Information – Barracuda Networks, Inc.
TABLE 87 Key Information – Fortinet, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Information Technology (IT) Security as a Service Market, 2019 - 2030, USD
FIG 3 Key Factors Impacting Information Technology (IT) Security as a Service Market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 6 Key Strategic Move: (Mergers & Acquisition : 2019, Oct – 2023, Nov) Leading Players
FIG 7 Porter’s Five Forces Analysis - Information Technology (IT) Security as a Service Market
FIG 8 Europe Information Technology (IT) Security as a Service Market share by End User, 2022
FIG 9 Europe Information Technology (IT) Security as a Service Market share by End User, 2030
FIG 10 Europe Information Technology (IT) Security as a Service Market by End User, 2019 - 2030, USD Million
FIG 11 Europe Information Technology (IT) Security as a Service Market share by Offering, 2022
FIG 12 Europe Information Technology (IT) Security as a Service Market share by Offering, 2030
FIG 13 Europe Information Technology (IT) Security as a Service Market by Offering, 2019 - 2030, USD Million
FIG 14 Europe Information Technology (IT) Security as a Service Market share by Country, 2022
FIG 15 Europe Information Technology (IT) Security as a Service Market share by Country, 2030
FIG 16 Europe Information Technology (IT) Security as a Service Market by Country, 2019 - 2030, USD Million
FIG 17 SWOT Analysis: Quick Heal Technologies Limited
FIG 18 Recent strategies and developments: Trend Micro, Inc.
FIG 19 SWOT Analysis: Trend Micro Inc.
FIG 20 SWOT Analysis: Radware Ltd.
FIG 21 Recent strategies and developments: Cisco Systems, Inc.
FIG 22 SWOT Analysis: Cisco Systems, Inc.
FIG 23 Recent strategies and developments: Broadcom Inc.
FIG 24 SWOT Analysis: Broadcom, Inc.
FIG 25 SWOT Analysis: Cloudflare, Inc.
FIG 26 SWOT Analysis: CHECK POINT SOFTWARE TECHNOLOGIES LTD.
FIG 27 SWOT Analysis: Hewlett Packard Enterprise Company
FIG 28 SWOT Analysis: Barracuda Networks, Inc.
FIG 29 SWOT Analysis: Fortinet, Inc.