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Market Overview

The Germany cybersecurity market size reached USD 13.60 Billion in 2024 and is expected to reach USD 37.90 Billion by 2033, growing at a CAGR of 10.80% during the forecast period 2025-2033. This growth is propelled by the increasing adoption of cloud services and the rising incidence of cyberattacks prompting firms to invest in robust security systems to comply with strict data protection regulations. 

Study Assumption Years

• Base Year: 2024
• Historical Year/Period: 2019-2024
• Forecast Year/Period: 2025-2033

Germany Cybersecurity Market Key Takeaways

• The market size was USD 13.60 Billion in 2024.
• The CAGR is 10.80% for the period 2025-2033.
• The forecast period is from 2025 to 2033.
• The expanding adoption of cloud services is a major driver for market growth.
• The market is influenced by stringent data protection regulations requiring efficient security systems.
• The increasing incidence of cyberattacks is encouraging enterprises to invest in reliable safety systems.
• Emphasis on incident response and threat intelligence is rising due to the surge in malware variants.

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Market Growth Factors

The increasing adoption of cloud computing technology is one of the most significant factors catalyzing the growth of the market for cybersecurity solutions in Germany. Notably, in May 2024, Amazon stated that its Web Services unit plans to invest 7.8 Billion Euros (8.44 Billions USD) by the end of 2040 for the development of cloud computing technology in Europe and setting up various data centers in the state of Brandenburg by the end of 2025. As the adoption of cloud technology rises, new threats are also experienced, such as hacking and data theft, and thus advanced cybersecurity techniques are employed.

The increase in adoption of cloud technology in the finance, healthcare, and manufacturing sectors accelerates the need for advanced levels of cloud security services, such as firewalls, AI/ML-focused monitoring, and zero-trust networking. Hybrid and multi-cloud environments need advanced levels of security to enable secure interlocking and integration of platforms. This is accompanied by the need for enhanced cybersecurity due to digital transformation and the increase in working-from-home practices.

Attention given to incident response and threat intelligence analysis is another major contributing factor in the growth of this market due to the rise in cyber-attacks. The Federal Office for Information Security (BSI) has released "The State of Cybersecurity 2024" Report; this report revealed a 26% rise in novel malware strains per day from 309,000 in mid-2023 to 2024. There has been a strong emphasis from organizations across industries in having effective threat intelligence solutions and systems integrated with artificial intelligence and machine learning algorithms that help respond rapidly to threats.

Market Segmentation

Component Insights:

• Solutions: Include identity and access management (IAM), infrastructure security, governance, risk and compliance, unified vulnerability management service offering, data security and privacy service offering, and others.
• Services: Cover professional services and managed services.

Deployment Type Insights:

• Cloud-based
• On-premises

User Type Insights:

• Large Enterprises
• Small and Medium Enterprises

Industry Vertical Insights:

• IT and Telecom
• Retail
• BFSI
• Healthcare
• Defense/Government
• Manufacturing
• Energy
• Others

Regional Insights

The report provides a comprehensive analysis of key regions in Germany including Western Germany, Southern Germany, Eastern Germany, and Northern Germany. The dominant region is not explicitly stated in the report.

Recent Developments & News

• In March 2024, Airbus Defence and Space acquired Infodas, a German cybersecurity company with around 250 employees and annual revenues of €50 Million. Infodas has a long-standing history in the defense sector and was contracted to provide cybersecurity solutions to the German military and NATO. This acquisition underlines Airbus' strategic emphasis on cybersecurity amid increasing digital threats.
• In September 2023, Wipro Limited launched a Cyber Defense Center (CDC) in Dusseldorf, Germany, offering 24/7 cybersecurity monitoring and remediation support using Microsoft cybersecurity tools. This collaboration also facilitates tailored cybersecurity training for clients, demonstrating Wipro's commitment to delivering advanced cybersecurity services.

Key Players

• Airbus Defence and Space
• Infodas
• Wipro Limited

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