Market Forecast by Countries (Germany, United Kingdom, France, Italy, Russia, Spain, Rest of Europe), By Type (Unified threat management, DDoS, Managed SIEM, Managed endpoint threat detection, Managed two factor authentication, Compliance management, Vulnerability management, Others), By Deployment (Cloud-based, On-premise), By Organization (Small and medium enterprises, Large enterprises), By Applications (BFSI, Government/defense, Healthcare, Manufacturing, Telecom & IT, Retail, Others) And Competitive Landscape
Product Code: ETC057652 | Publication Date: Feb 2021 | Updated Date: Mar 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Europe Managed Security Services Market |
Forecast period | 2025-2031 |
Forecast Size | USD 33.3 billion by 2031 |
CAGR | 14.6% |
Growing Sector | BFSI Sector |
Europe Managed Security Services Market report thoroughly covers the market By Countries, By Type, By Deployment, By Organization, and By Applications. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Europe managed security services market will reach a value of USD 33.3 billion by 2031, growing at a CAGR of 14.6% from 2025 to 2031. This growth can be attributed to the increasing need for advanced security solutions due to the rising number of cyber threats and data breaches in the region.
The Europe managed security services market is expected to witness significant growth between the years 2025-2031. This can be attributed to the rising number of cyber threats and attacks, increasing adoption of cloud-based solutions, and strict data protection regulations in the region. Managed security services provide organizations with a proactive approach to securing their data and networks, which is crucial in today's digital landscape.
According to 6Wresearch, the Europe Managed Security Services Market Size is expected to reach a significant CAGR of 14.6% during the forecast period 2025-2031. The Europe Managed Security Services Market has witnessed significant growth over the years, driven by the increasing adoption of digital technologies and the growing need for robust cybersecurity measures. Organizations in Europe are heavily investing in managed security services as they seek to protect their sensitive data from evolving cyber threats and maintain compliance with regulatory standards. One of the key drivers is the rise in sophisticated cyberattacks, which has created a strong demand for outsourced security solutions. Additionally, the growing implementation of cloud-based technologies and IoT devices has expanded the attack surface, further emphasizing the need for professional security services.
However, challenges persist in the industry, particularly concerning the high costs associated with implementing managed security services. Small and medium-sized enterprises (SMEs) often face budget constraints, limiting their ability to fully utilize advanced security solutions. Furthermore, the lack of skilled professionals in the field poses a significant obstacle to delivering effective security services. Data privacy concerns and varying security regulations across European countries also present hurdles for the growth of the Managed Security Services Market.
Notable trends driving the Europe Managed Security Services Market Growth include advancements in artificial intelligence (AI) and machine learning (ML) for threat detection and response. AI-powered security tools have enabled real-time monitoring and predictive analytics, enhancing the efficiency of threat mitigation strategies. The increasing integration of zero-trust security frameworks is another trend shaping the market, as organizations shift from traditional perimeter-based security to a more robust approach. Additionally, the rise of cybersecurity-as-a-service platforms offers businesses scalable and flexible solutions tailored to their specific requirements.
The Europe Managed Security Services Market presents lucrative investment opportunities, particularly in sectors like financial services, healthcare, and retail, which are highly targeted by cyber threats. Investments in research and development of advanced security technologies, such as endpoint detection and response (EDR) and extended detection and response (XDR) systems, are gaining traction among leading market players. There is also significant potential in cloud security and managed detection and response (MDR) services, as more organizations transition to hybrid and remote work environments.
The Europe Managed Security Services Market Share is dominated by several key players, including multinational corporations and regional providers. Leading companies such as IBM Security Services, Atos, and Orange Cyberdefense have established a strong presence in the market through extensive service portfolios and continuous innovation. Regional firms are also gaining prominence by offering customized solutions tailored to local regulations and industry-specific needs.
Government regulations play a crucial role in shaping the Managed Security Services Market in Europe. Data protection laws like the General Data Protection Regulation (GDPR) have significantly impacted how security services are delivered, emphasizing the need for compliance and data privacy. Furthermore, individual countries within Europe have introduced their own cybersecurity frameworks, creating a need for managed security service providers (MSSPs) to adapt their offerings to meet diverse regulatory requirements. Governments are also supporting initiatives to enhance cybersecurity resilience through funding and collaboration with private entities.
The future of the Europe Managed Security Services Industry looks promising, with sustained demand for scalable and efficient security solutions. The increasing adoption of advanced technologies such as blockchain for secure data transactions and AI for automated threat detection signifies a transformative phase for the industry. Market players are expected to form strategic alliances and invest in innovation to address the emerging needs of diverse industries. Additionally, the growing focus on cybersecurity education and training will help bridge the skills gap, ensuring a robust talent pipeline for the industry. With the adoption of proactive security measures on the rise, the growth of the Europe Managed Security Services Market is anticipated to remain strong, driven by a combination of technology, regulation, and rising awareness of cybersecurity threats.
The report offers a comprehensive study of the subsequent market segments and their leading categories.Â
Germany is expected to dominate the market during the forecast period. This can be attributed to its strong economy and high investments in advanced technology solutions.
According to Ravi Bhandari, Research Head, 6Wresearch, Unified threat management (UTM) is expected to dominate the market, owing to its ability to provide comprehensive security solutions for multiple threats.
Cloud-based deployment is anticipated to be the preferred choice for organizations, as it offers scalability, cost-effectiveness, and ease of management.
Small and medium enterprises (SMEs) are expected to adopt managed security services at a faster rate than large enterprises due to their limited resources and expertise in managing complex security systems.
The BFSI sector is expected to dominate the applications segment, as it deals with sensitive financial data and is highly regulated.
The market report has been segmented and sub-segmented into the following categories
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Europe Managed Security Services Market Overview |
3.1 Europe Regional Macro Economic Indicators |
3.2 Europe Managed Security Services Market Revenues & Volume, 2021 & 2031F |
3.3 Europe Managed Security Services Market - Industry Life Cycle |
3.4 Europe Managed Security Services Market - Porter's Five Forces |
3.5 Europe Managed Security Services Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 Europe Managed Security Services Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Europe Managed Security Services Market Revenues & Volume Share, By Deployment, 2021 & 2031F |
3.8 Europe Managed Security Services Market Revenues & Volume Share, By Organization, 2021 & 2031F |
3.9 Europe Managed Security Services Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Europe Managed Security Services Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Europe Managed Security Services Market Trends |
6 Europe Managed Security Services Market, 2021 - 2031 |
6.1 Europe Managed Security Services Market, Revenues & Volume, By Type, 2021 - 2031 |
6.2 Europe Managed Security Services Market, Revenues & Volume, By Deployment, 2021 - 2031 |
6.3 Europe Managed Security Services Market, Revenues & Volume, By Organization, 2021 - 2031 |
6.4 Europe Managed Security Services Market, Revenues & Volume, By Applications, 2021 - 2031 |
7 Germany Managed Security Services Market, 2021 - 2031 |
7.1 Germany Managed Security Services Market, Revenues & Volume, By Type, 2021 - 2031 |
7.2 Germany Managed Security Services Market, Revenues & Volume, By Deployment, 2021 - 2031 |
7.3 Germany Managed Security Services Market, Revenues & Volume, By Organization, 2021 - 2031 |
7.4 Germany Managed Security Services Market, Revenues & Volume, By Applications, 2021 - 2031 |
8 United Kingdom Managed Security Services Market, 2021 - 2031 |
8.1 United Kingdom Managed Security Services Market, Revenues & Volume, By Type, 2021 - 2031 |
8.2 United Kingdom Managed Security Services Market, Revenues & Volume, By Deployment, 2021 - 2031 |
8.3 United Kingdom Managed Security Services Market, Revenues & Volume, By Organization, 2021 - 2031 |
8.4 United Kingdom Managed Security Services Market, Revenues & Volume, By Applications, 2021 - 2031 |
9 France Managed Security Services Market, 2021 - 2031 |
9.1 France Managed Security Services Market, Revenues & Volume, By Type, 2021 - 2031 |
9.2 France Managed Security Services Market, Revenues & Volume, By Deployment, 2021 - 2031 |
9.3 France Managed Security Services Market, Revenues & Volume, By Organization, 2021 - 2031 |
9.4 France Managed Security Services Market, Revenues & Volume, By Applications, 2021 - 2031 |
10 Italy Managed Security Services Market, 2021 - 2031 |
10.1 Italy Managed Security Services Market, Revenues & Volume, By Type, 2021 - 2031 |
10.2 Italy Managed Security Services Market, Revenues & Volume, By Deployment, 2021 - 2031 |
10.3 Italy Managed Security Services Market, Revenues & Volume, By Organization, 2021 - 2031 |
10.4 Italy Managed Security Services Market, Revenues & Volume, By Applications, 2021 - 2031 |
11 Russia Managed Security Services Market, 2021 - 2031 |
11.1 Russia Managed Security Services Market, Revenues & Volume, By Type, 2021 - 2031 |
11.2 Russia Managed Security Services Market, Revenues & Volume, By Deployment, 2021 - 2031 |
11.3 Russia Managed Security Services Market, Revenues & Volume, By Organization, 2021 - 2031 |
11.4 Russia Managed Security Services Market, Revenues & Volume, By Applications, 2021 - 2031 |
12 Spain Managed Security Services Market, 2021 - 2031 |
12.1 Spain Managed Security Services Market, Revenues & Volume, By Type, 2021 - 2031 |
12.2 Spain Managed Security Services Market, Revenues & Volume, By Deployment, 2021 - 2031 |
12.3 Spain Managed Security Services Market, Revenues & Volume, By Organization, 2021 - 2031 |
12.4 Spain Managed Security Services Market, Revenues & Volume, By Applications, 2021 - 2031 |
13 Rest of Europe Managed Security Services Market, 2021 - 2031 |
13.1 Rest of Europe Managed Security Services Market, Revenues & Volume, By Type, 2021 - 2031 |
13.2 Rest of Europe Managed Security Services Market, Revenues & Volume, By Deployment, 2021 - 2031 |
13.3 Rest of Europe Managed Security Services Market, Revenues & Volume, By Organization, 2021 - 2031 |
13.4 Rest of Europe Managed Security Services Market, Revenues & Volume, By Applications, 2021 - 2031 |
14 Europe Managed Security Services Market Key Performance Indicators |
15 Europe Managed Security Services Market - Opportunity Assessment |
15.1 Europe Managed Security Services Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Europe Managed Security Services Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Europe Managed Security Services Market Opportunity Assessment, By Deployment, 2021 & 2031F |
15.4 Europe Managed Security Services Market Opportunity Assessment, By Organization, 2021 & 2031F |
15.5 Europe Managed Security Services Market Opportunity Assessment, By Applications, 2021 & 2031F |
16 Europe Managed Security Services Market - Competitive Landscape |
16.1 Europe Managed Security Services Market Revenue Share, By Companies, 2024 |
16.2 Europe Managed Security Services Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |