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Europe Security Assurance Market

ID: MRFR/ICT/61635-HCR
200 Pages
Aarti Dhapte
October 2025

Europe Security Assurance Market Research Report By Application (Mobility solutions, Business applications, System infrastructure, Network infrastructure), By Organization Size (SMEs, Large enterprises), By Verticals (BFSI, Telecommunications and IT, Healthcare & Pharmaceuticals, Retail and E-commerce, Government, Manufacturing) and By Regional (Germany, UK, France, Russia, Italy, Spain, Rest of Europe)- Forecast to 2035

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Europe Security Assurance Market Summary

As per MRFR analysis, the Europe security assurance market size was estimated at 1621.2 USD Million in 2024. The Europe security assurance market is projected to grow from 1753.0 USD Million in 2025 to 3832.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 8.13% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Europe security assurance market is experiencing robust growth driven by regulatory compliance and technological advancements.

  • Germany remains the largest market for security assurance solutions, reflecting a strong demand for compliance and data protection.
  • The UK is emerging as the fastest-growing region, with businesses increasingly prioritizing security measures to combat rising cyber threats.
  • There is a notable trend towards the adoption of advanced technologies, such as AI and machine learning, to enhance security protocols.
  • Key market drivers include rising cyber threats and evolving data protection regulations, which are compelling organizations to invest in security assurance solutions.

Market Size & Forecast

2024 Market Size 1621.2 (USD Million)
2035 Market Size 3832.0 (USD Million)

Major Players

IBM (US), Cisco Systems (US), Palo Alto Networks (US), Fortinet (US), Check Point Software Technologies (IL), McAfee (US), Trend Micro (JP), CrowdStrike (US), FireEye (US)

Europe Security Assurance Market Trends

the security assurance market is evolving significantly, driven by the increasing demand for robust cybersecurity measures across various sectors. Organizations are recognizing the necessity of safeguarding sensitive data and ensuring compliance with stringent regulations. This heightened awareness is prompting investments in advanced security solutions, which are designed to mitigate risks associated with cyber threats. As a result, the market is witnessing a surge in the adoption of innovative technologies, such as artificial intelligence and machine learning, which enhance threat detection and response capabilities. Furthermore, the emphasis on data privacy and protection is influencing the development of security frameworks that align with regulatory requirements, thereby fostering a culture of security within organizations. In addition, the security assurance market is likely to benefit from the growing trend of remote work and digital transformation initiatives. As businesses increasingly rely on cloud-based services and remote access solutions, the need for comprehensive security strategies becomes paramount. This shift is encouraging organizations to reassess their security postures and invest in solutions that provide end-to-end protection. Moreover, collaboration between public and private sectors is emerging as a critical factor in addressing security challenges, as stakeholders work together to share information and best practices. Overall, the security assurance market appears poised for continued growth, driven by evolving threats and the necessity for enhanced security measures.

Increased Regulatory Compliance

the security assurance market is seeing increased demand for compliance solutions.. Organizations are increasingly required to adhere to strict data protection laws, which necessitate the implementation of comprehensive security measures. This trend is prompting businesses to invest in security frameworks that not only protect sensitive information but also align with legal requirements.

Adoption of Advanced Technologies

There is a growing trend towards the integration of advanced technologies within the security assurance market. Solutions utilizing artificial intelligence and machine learning are becoming more prevalent, as they offer enhanced capabilities for threat detection and response. This technological evolution is enabling organizations to proactively address potential vulnerabilities and improve their overall security posture.

Focus on Data Privacy

The emphasis on data privacy is shaping the security assurance market significantly. As consumers become more aware of their rights regarding personal information, organizations are compelled to prioritize data protection. This shift is leading to the development of security solutions that not only safeguard data but also foster trust among customers, thereby enhancing brand reputation.

Europe Security Assurance Market Drivers

Rising Cyber Threats

The security assurance market in Europe is experiencing a notable surge due to the increasing frequency and sophistication of cyber threats. Organizations are compelled to enhance their security measures to protect sensitive data and maintain operational integrity. In 2025, it is estimated that cybercrime could cost European businesses over €200 billion annually, prompting a heightened focus on security assurance solutions. This trend indicates that companies are investing significantly in security frameworks, risk assessments, and compliance measures to mitigate potential breaches. The growing awareness of the financial and reputational risks associated with cyber incidents is likely to drive demand for robust security assurance services across various sectors, including finance, healthcare, and critical infrastructure.

Evolving Data Protection Regulations

The evolving landscape of data protection regulations in Europe is a critical driver for the security assurance market. With the implementation of the General Data Protection Regulation (GDPR) and other regional laws, organizations are mandated to adopt stringent security measures to safeguard personal data. Non-compliance can result in hefty fines, reaching up to €20 million or 4% of annual global turnover, whichever is higher. This regulatory environment compels businesses to invest in security assurance solutions to ensure compliance and avoid penalties. As regulations continue to evolve, the demand for security assurance services is expected to grow, as organizations seek to align their practices with legal requirements and enhance their overall security posture.

Increased Awareness of Security Risks

There is a growing awareness among European businesses regarding the potential risks associated with inadequate security measures. This heightened consciousness is driving organizations to prioritize security assurance as a fundamental aspect of their operational strategy. In 2025, surveys indicate that approximately 75% of companies in Europe recognize the importance of investing in security assurance solutions to protect against data breaches and cyber threats. This trend suggests that businesses are increasingly viewing security assurance not merely as a compliance requirement but as a strategic necessity. Consequently, the security assurance market is likely to expand as organizations seek to implement comprehensive security frameworks that address both current and emerging threats.

Shift Towards Cloud-Based Security Solutions

The shift towards cloud-based security solutions is reshaping the security assurance market in Europe. As organizations increasingly migrate their operations to the cloud, the need for robust security measures to protect cloud environments becomes paramount. In 2025, it is anticipated that the cloud security market will reach €10 billion, reflecting the growing reliance on cloud services. This trend indicates that businesses are seeking security assurance solutions that are specifically designed for cloud environments, including identity and access management, data encryption, and threat detection. The transition to cloud-based security solutions is likely to drive innovation and competition within the security assurance market, as providers develop tailored offerings to meet the unique challenges posed by cloud computing.

Technological Advancements in Security Solutions

Technological advancements are significantly influencing the security assurance market in Europe. Innovations such as artificial intelligence (AI), machine learning, and blockchain are being integrated into security solutions, enhancing their effectiveness in threat detection and response. In 2025, the market for AI-driven security solutions is projected to grow by over 30%, reflecting the increasing reliance on advanced technologies to bolster security assurance. These advancements enable organizations to proactively identify vulnerabilities and respond to incidents in real-time, thereby reducing the potential impact of security breaches. As businesses continue to adopt these cutting-edge technologies, the demand for security assurance services is expected to rise, driving market growth.

Market Segment Insights

By Application: Mobility Solutions (Largest) vs. Business Applications (Fastest-Growing)

In the Europe security assurance market, Mobility Solutions command the largest market share due to their increasing necessity in a mobile-driven business environment. Companies recognize the significance of securing mobile endpoints, leading to an increased investment in mobile security frameworks. Business Applications follow closely, exhibiting a notable market presence as businesses increasingly adopt digital solutions for operations and customer engagement. This shift highlights the gradual change in security priorities within organizations, reflecting the demand for tailored security applications. Growth trends in this segment indicate a shift towards enhancing mobile security protocols and the integration of AI and machine learning for threat detection. The rise of remote work and BYOD policies is driving demand for advanced security solutions. Additionally, regulatory frameworks across Europe are prompting organizations to prioritize robust security measures for business applications, confirming its status as the fastest-growing segment in the market, essential for digital transformation initiatives.

Mobility Solutions (Dominant) vs. Systems Infrastructure (Emerging)

Mobility Solutions stand out as the dominant force in the Europe security assurance market, characterized by heightened investments in mobile security technologies and frameworks. Their growth is fueled by the rapid adoption of mobile devices for business activities, necessitating comprehensive security measures. On the other hand, Systems Infrastructure is an emerging segment that is gaining traction as organizations recognize the need to fortify their foundational IT systems against evolving threats. While Mobility Solutions serve as critical security enablers for dynamic work environments, Systems Infrastructure is becoming increasingly vital as businesses seek holistic security strategies that encompass all levels of their IT environment.

By Organization Size: SMEs (Largest) vs. Large Enterprises (Fastest-Growing)

The distribution of market share in the security assurance segment favors SMEs, which hold a significant portion of the market due to their agility and flexibility in implementing security measures. Conversely, large enterprises account for a smaller share but are critical in driving innovation and advanced security solutions, as they possess greater resources and infrastructure to invest in comprehensive security strategies. In recent years, the growth trends in the security assurance segment have indicated a shift towards large enterprises, fueled by increasing threats and the need for robust security frameworks. As these organizations continue to evolve digitally, their demand for security assurance services is escalating, resulting in a faster growth trajectory compared to their SME counterparts. This surge is largely driven by regulatory compliance requirements and the ever-growing complexity of cyber threats.

SMEs: Dominant vs. Large Enterprises: Emerging

SMEs are recognized as the dominant force in the security assurance market, often leveraging cost-effective security solutions tailored to their specific needs. Their ability to quickly adapt to changing security landscapes allows them to remain competitive, focusing on innovative practices that protect their operations without extensive resources. In contrast, large enterprises represent the emerging segment within this market, characterized by their capacity to invest heavily in comprehensive security infrastructures. They are increasingly adopting advanced technologies and frameworks that not only enhance their security posture but also align with stringent regulatory requirements. This dynamic between SMEs and large enterprises is shaping the future landscape of security assurance solutions.

By Vertical: BFSI (Largest) vs. Healthcare and Pharmaceuticals (Fastest-Growing)

In the security assurance market, the BFSI sector holds the largest share, driven by stringent regulatory compliance and increasing cyber threats. The Telecommunications and IT industry follows, emphasizing the need for robust security measures to protect sensitive data. Government and Retail & E-Commerce also contribute significantly, showcasing a diverse landscape where each sector prioritizes security to safeguard its operations. Manufacturing is emerging as a critical player, demonstrating an increased focus on securing industrial processes against cyber vulnerabilities. Growth trends indicate that the Healthcare and Pharmaceuticals sector is the fastest-growing segment, fueled by the rise in digital health technologies and the urgent requirement to protect patient data. Meanwhile, the BFSI sector continues to drive innovations in security assurance, owing to its high stakes and the necessity for resilience against sophisticated fraud tactics. As businesses become more interconnected, the demand for comprehensive security solutions across all sectors is expected to surge, paving the way for more advanced security measures across the board.

BFSI (Dominant) vs. Healthcare and Pharmaceuticals (Emerging)

The BFSI sector is established as the dominant player in the security assurance market, characterized by significant investments in advanced security solutions to comply with regulations and protect sensitive financial data. This segment benefits from a well-defined regulatory framework that mandates rigorous security protocols. On the other hand, the Healthcare and Pharmaceuticals sector is emerging as a formidable challenger, driven by the rapid adoption of digital health technologies and the urgent need to safeguard patient information. With increasing cyber threats targeting patient records and the integration of telehealth solutions, this segment is expected to grow rapidly, prompting healthcare organizations to invest heavily in security assurance measures.

Get more detailed insights about Europe Security Assurance Market

Regional Insights

Germany : Robust Growth and Innovation Hub

Germany holds a dominant position in the European security assurance market, accounting for 450.0 million, representing approximately 30% of the total market share. Key growth drivers include a strong emphasis on data protection regulations, such as the GDPR, and increasing cyber threats that necessitate advanced security solutions. The demand for integrated security systems is rising, supported by government initiatives promoting digital transformation and infrastructure development in sectors like finance and manufacturing.

UK : Innovation and Compliance Drive Growth

The UK security assurance market is valued at 350.0 million, capturing around 23% of the European market. Growth is driven by stringent compliance requirements, particularly in finance and healthcare, alongside a surge in remote work leading to increased cybersecurity needs. The UK government has launched initiatives to bolster cybersecurity capabilities, enhancing infrastructure and fostering innovation in tech hubs like London and Manchester.

France : Regulatory Focus and Market Expansion

France's security assurance market is valued at 300.0 million, representing about 20% of the European market. The growth is fueled by the implementation of the EU's NIS Directive and a rising awareness of cybersecurity threats among businesses. Demand for security solutions is increasing in sectors such as telecommunications and energy, supported by government initiatives aimed at enhancing national cybersecurity resilience.

Russia : Strategic Investments and Local Demand

The Russian security assurance market is valued at 250.0 million, accounting for 17% of the European market. Key growth drivers include increased government spending on cybersecurity and a focus on protecting critical infrastructure. The demand for local solutions is rising, particularly in sectors like energy and defense, as businesses seek to comply with national regulations and combat cyber threats effectively.

Italy : Cultural Shift Towards Cybersecurity

Italy's security assurance market is valued at 150.0 million, making up about 10% of the European market. Growth is driven by a cultural shift towards recognizing the importance of cybersecurity, particularly in the retail and manufacturing sectors. Government initiatives are promoting digital security awareness, while investments in infrastructure are enhancing the overall market landscape, leading to increased demand for security solutions.

Spain : Focus on Digital Transformation

Spain's security assurance market is valued at 100.0 million, representing approximately 7% of the European market. The growth is driven by a focus on digital transformation across various sectors, including tourism and finance. Government policies aimed at enhancing cybersecurity frameworks are fostering a conducive environment for market expansion, while local businesses increasingly prioritize security solutions to protect sensitive data.

Rest of Europe : Varied Markets with Unique Challenges

The Rest of Europe security assurance market is valued at 321.2 million, accounting for about 21% of the total market. This diverse region experiences varied growth drivers, including differing regulatory environments and local demand for cybersecurity solutions. Countries like the Netherlands and Sweden are leading in innovation, while others focus on compliance and infrastructure development to enhance security measures across sectors such as finance and healthcare.

Europe Security Assurance Market Regional Image

Key Players and Competitive Insights

The security assurance market in Europe is characterized by a dynamic competitive landscape, driven by increasing cyber threats and the growing need for robust security solutions. Major players such as IBM (US), Cisco Systems (US), and Palo Alto Networks (US) are at the forefront, each adopting distinct strategies to enhance their market positioning. IBM (US) focuses on innovation through its AI-driven security solutions, while Cisco Systems (US) emphasizes partnerships to expand its service offerings. Palo Alto Networks (US) is actively pursuing mergers and acquisitions to bolster its technological capabilities, thereby shaping a competitive environment that is increasingly reliant on advanced technology and strategic collaborations.

Key business tactics within this market include localizing manufacturing and optimizing supply chains to enhance responsiveness to regional demands. The competitive structure appears moderately fragmented, with a mix of established players and emerging startups. This fragmentation allows for diverse offerings, yet the collective influence of key players like Fortinet (US) and Check Point Software Technologies (IL) is significant, as they set benchmarks for innovation and service quality.

In September 2025, Fortinet (US) announced a strategic partnership with a leading telecommunications provider to enhance its managed security services. This collaboration is likely to expand Fortinet's reach into new customer segments, particularly in the small and medium-sized enterprise (SME) sector, which is increasingly vulnerable to cyber threats. Such partnerships may also facilitate the integration of advanced security features into existing telecommunications infrastructure, thereby enhancing overall service delivery.

In October 2025, Check Point Software Technologies (IL) launched a new cloud security solution aimed at protecting hybrid environments. This move underscores the growing trend towards cloud adoption among enterprises, as organizations seek to secure their data across multiple platforms. The introduction of this solution is expected to strengthen Check Point's competitive edge by addressing the specific security challenges associated with cloud environments, thus appealing to a broader customer base.

In August 2025, Palo Alto Networks (US) completed the acquisition of a cybersecurity startup specializing in threat intelligence. This acquisition is indicative of the company's strategy to enhance its threat detection capabilities and expand its product portfolio. By integrating advanced threat intelligence into its existing offerings, Palo Alto Networks is likely to improve its value proposition, making it a more attractive option for enterprises seeking comprehensive security solutions.

As of November 2025, current trends in the security assurance market include a pronounced shift towards digitalization, sustainability, and the integration of AI technologies. Strategic alliances are increasingly shaping the competitive landscape, as companies recognize the need for collaborative approaches to tackle complex security challenges. Looking ahead, competitive differentiation is expected to evolve, with a greater emphasis on innovation and technology rather than price-based competition. The reliability of supply chains will also play a crucial role in determining market success, as organizations prioritize resilience in their security strategies.

Key Companies in the Europe Security Assurance Market market include

Industry Developments

Thales Group's acquisition of Imperva, a cybersecurity firm based in the United States, was finalized in December 2023. This acquisition significantly enhanced Thales Group's capabilities in the areas of data and application protection. This action established Thales as a global cybersecurity leader with a broader presence in managed services, data security, and digital identity.

Thales also expanded its European managed security services in 2022 by acquiring S21Sec and Excellium, two prominent cybersecurity consulting, auditing, and integration specialists in Spain, Portugal, Luxembourg, and Belgium.In May 2025, a Cisco study highlighted a critical gap in cybersecurity maturity: only 3% of European organizations had achieved a 'Mature' resilience level, despite the EU's ongoing implementation of critical regulations such as the Cyber Resilience Act and NIS2. This underscores the region's urgent need for robust assurance tooling.

 

Future Outlook

Europe Security Assurance Market Future Outlook

The security assurance market is projected to grow at an 8.13% CAGR from 2024 to 2035, driven by increasing regulatory requirements and technological advancements.

New opportunities lie in:

  • Development of AI-driven threat detection systems
  • Expansion of cloud-based security solutions
  • Integration of IoT security frameworks into existing infrastructures

By 2035, the market is expected to achieve robust growth, reflecting evolving security needs.

Market Segmentation

Europe Security Assurance Market Vertical Outlook

  • BFSI
  • Telecommunications and IT
  • Healthcare and Pharmaceuticals
  • Government
  • Retail & E-Commerce
  • Manufacturing

Europe Security Assurance Market Application Outlook

  • Mobility Solutions
  • Business Applications
  • Systems Infrastructure
  • Network Infrastructure

Europe Security Assurance Market Organization Size Outlook

  • SMEs
  • Large Enterprises

Report Scope

MARKET SIZE 2024 1621.2(USD Million)
MARKET SIZE 2025 1753.0(USD Million)
MARKET SIZE 2035 3832.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 8.13% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Million
Key Companies Profiled ["IBM (US)", "Cisco Systems (US)", "Palo Alto Networks (US)", "Fortinet (US)", "Check Point Software Technologies (IL)", "McAfee (US)", "Trend Micro (JP)", "CrowdStrike (US)", "FireEye (US)"]
Segments Covered Application, Organization Size, Vertical
Key Market Opportunities Integration of advanced technologies enhances compliance and risk management in the security assurance market.
Key Market Dynamics Rising regulatory compliance demands drive innovation and competition in the security assurance market across Europe.
Countries Covered Germany, UK, France, Russia, Italy, Spain, Rest of Europe

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FAQs

What is the expected market size of the Europe Security Assurance Market in 2024?

In 2024, the Europe Security Assurance Market is expected to be valued at 1.62 USD Billion.

What is the projected market value of the Europe Security Assurance Market in 2035?

By 2035, the Europe Security Assurance Market is projected to reach a value of 5.46 USD Billion.

What is the expected compound annual growth rate (CAGR) for the Europe Security Assurance Market from 2025 to 2035?

The expected CAGR for the Europe Security Assurance Market from 2025 to 2035 is 11.67%.

Which region is expected to have the largest market share in the Europe Security Assurance Market by 2035?

Germany is anticipated to have the largest market share, projected at 1.57 USD Billion by 2035.

What is the expected market size for Mobility solutions in the Europe Security Assurance Market by 2035?

The market size for Mobility solutions is projected to reach 1.45 USD Billion by 2035.

Who are the key players in the Europe Security Assurance Market?

Major players in the market include Cisco, Oracle, Atos, SonicWall, and Thales Group, among others.

What is the market size for Business applications in the Europe Security Assurance Market by 2035?

By 2035, the market size for Business applications is forecasted to be 1.32 USD Billion.

What is the projected market size for Network infrastructure in the Europe Security Assurance Market by 2035?

The market size for Network infrastructure is expected to be 1.44 USD Billion by 2035.

What are the growth opportunities for the Europe Security Assurance Market in the next decade?

The market is expected to grow significantly due to increased demand for security in mobility and business applications.

What is the expected market size for System infrastructure in the Europe Security Assurance Market by 2035?

By 2035, the market size for System infrastructure is projected to be 1.25 USD Billion.

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