Europe Managed Security Services Market Size, Share & Trends Analysis Report By Enterprise Size (Large enterprises, and SMEs), By Services, By Security, By Vertical, By Country and Growth Forecast, 2024 - 2031

Europe Managed Security Services Market Size, Share & Trends Analysis Report By Enterprise Size (Large enterprises, and SMEs), By Services, By Security, By Vertical, By Country and Growth Forecast, 2024 - 2031


The Europe Managed Security Services Market would witness market growth of 14.7% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe Managed Security Services Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $6,019.9 million by 2031. The UK market is exhibiting a CAGR of 13.7% during (2024 - 2031). Additionally, The France market would experience a CAGR of 15.6% during (2024 - 2031).

Organizations often struggle to keep track of vulnerabilities within their systems. Managed security service (MSS) providers offer vulnerability assessments and management services, helping organizations identify weaknesses in their networks and applications, prioritize them based on risk, and implement effective remediation strategies.

Endpoint security has become paramount with the rise of remote work and BYOD (Bring Your Own Device) policies. MSS providers deliver endpoint protection solutions, including antivirus, anti-malware, and endpoint detection and response (EDR) capabilities, ensuring that all devices connected to the corporate network are secure. Regulatory requirements around data protection, such as GDPR, HIPAA, and PCI-DSS, necessitate ongoing compliance efforts.

The rise of cyberattacks in Europe has become a pressing concern, significantly impacting this market. Ransomware, in particular, has emerged as one of the most formidable threats, with over ten terabytes of data being stolen each month across the European Union. This alarming trend underscores the growing sophistication of cybercriminals and the urgent need for organizations to bolster their security measures. As businesses grapple with the ramifications of these attacks, the demand for MSS is escalating as companies seek expert guidance and advanced solutions to protect their digital assets. Therefore, the rising incidence of cyberattacks in Europe catalyzes a shift in the cybersecurity landscape, positioning the managed security services market for significant expansion.

Based on Enterprise Size, the market is segmented into Large enterprises, and SMEs. Based on Services, the market is segmented into Managed UTM, Managed SIEM, Managed DDoS, Managed XDR, Managed IAM, and Managed Risk & Compliance. Based on Security, the market is segmented into Cloud Security, Data Security, End-point Security, Network Security, and Other Security. Based on Vertical, the market is segmented into BFSI, Healthcare, Manufacturing, IT & Telecommunications, Retail, Defense/Government, and Other Vertical. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled
  • IBM Corporation
  • Cisco Systems, Inc.
  • Check Point Software Technologies Ltd.
  • Broadcom, Inc. (Symantec Corporation)
  • Wipro Limited
  • Verizon Communications, Inc.
  • SecureWorks Corp. (Dell Technologies, Inc.)
  • Accenture PLC
  • BT Group plc
  • SonicWall, Inc.
Europe Managed Security Services Market Report Segmentation

By Enterprise Size
  • Large enterprises
  • SMEs
By Services
  • Managed UTM
  • Managed SIEM
  • Managed DDoS
  • Managed XDR
  • Managed IAM
  • Managed Risk & Compliance
By Security
  • Cloud Security
  • Data Security
  • End-point Security
  • Network Security
  • Other Security
By Vertical
  • BFSI
  • Healthcare
  • Manufacturing
  • IT & Telecommunications
  • Retail
  • Defense/Government
  • Other Vertical
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 Managed Security Services Market, by Enterprise Size
1.4.2 Europe Managed Security Services Market, by Services
1.4.3 Europe Managed Security Services Market, by Security
1.4.4 Europe Managed Security Services Market, by Vertical
1.4.5 Europe Managed Security Services 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 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2021, Sep – 2024, Sep) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. Europe Managed Security Services Market by Enterprise Size
5.1 Europe Large enterprises Market by Country
5.2 Europe SMEs Market by Country
Chapter 6. Europe Managed Security Services Market by Services
6.1 Europe Managed UTM Market by Country
6.2 Europe Managed SIEM Market by Country
6.3 Europe Managed DDoS Market by Country
6.4 Europe Managed XDR Market by Country
6.5 Europe Managed IAM Market by Country
6.6 Europe Managed Risk & Compliance Market by Country
Chapter 7. Europe Managed Security Services Market by Security
7.1 Europe Cloud Security Market by Country
7.2 Europe Data Security Market by Country
7.3 Europe End-point Security Market by Country
7.4 Europe Network Security Market by Country
7.5 Europe Other Security Market by Country
Chapter 8. Europe Managed Security Services Market by Vertical
8.1 Europe BFSI Market by Country
8.2 Europe Healthcare Market by Country
8.3 Europe Manufacturing Market by Country
8.4 Europe IT & Telecommunications Market by Country
8.5 Europe Retail Market by Country
8.6 Europe Defense/Government Market by Country
8.7 Europe Other Vertical Market by Country
Chapter 9. Europe Managed Security Services Market by Country
9.1 Germany Managed Security Services Market
9.1.1 Germany Managed Security Services Market by Enterprise Size
9.1.2 Germany Managed Security Services Market by Services
9.1.3 Germany Managed Security Services Market by Security
9.1.4 Germany Managed Security Services Market by Vertical
9.2 UK Managed Security Services Market
9.2.1 UK Managed Security Services Market by Enterprise Size
9.2.2 UK Managed Security Services Market by Services
9.2.3 UK Managed Security Services Market by Security
9.2.4 UK Managed Security Services Market by Vertical
9.3 France Managed Security Services Market
9.3.1 France Managed Security Services Market by Enterprise Size
9.3.2 France Managed Security Services Market by Services
9.3.3 France Managed Security Services Market by Security
9.3.4 France Managed Security Services Market by Vertical
9.4 Russia Managed Security Services Market
9.4.1 Russia Managed Security Services Market by Enterprise Size
9.4.2 Russia Managed Security Services Market by Services
9.4.3 Russia Managed Security Services Market by Security
9.4.4 Russia Managed Security Services Market by Vertical
9.5 Spain Managed Security Services Market
9.5.1 Spain Managed Security Services Market by Enterprise Size
9.5.2 Spain Managed Security Services Market by Services
9.5.3 Spain Managed Security Services Market by Security
9.5.4 Spain Managed Security Services Market by Vertical
9.6 Italy Managed Security Services Market
9.6.1 Italy Managed Security Services Market by Enterprise Size
9.6.2 Italy Managed Security Services Market by Services
9.6.3 Italy Managed Security Services Market by Security
9.6.4 Italy Managed Security Services Market by Vertical
9.7 Rest of Europe Managed Security Services Market
9.7.1 Rest of Europe Managed Security Services Market by Enterprise Size
9.7.2 Rest of Europe Managed Security Services Market by Services
9.7.3 Rest of Europe Managed Security Services Market by Security
9.7.4 Rest of Europe Managed Security Services Market by Vertical
Chapter 10. Company Profiles
10.1 IBM Corporation
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Regional & Segmental Analysis
10.1.4 Research & Development Expenses
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.5.2 Product Launches and Product Expansions:
10.1.5.3 Acquisition and Mergers:
10.1.6 SWOT Analysis
10.2 Cisco Systems, Inc.
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Regional Analysis
10.2.4 Research & Development Expense
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.2.5.2 Product Launches and Product Expansions:
10.2.5.3 Acquisition and Mergers:
10.2.6 SWOT Analysis
10.3 Broadcom, Inc. (Symantec Corporation)
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expense
10.3.5 Recent strategies and developments:
10.3.5.1 Partnerships, Collaborations, and Agreements:
10.3.5.2 Acquisition and Mergers:
10.3.6 SWOT Analysis
10.4 Check Point Software Technologies Ltd.
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Regional Analysis
10.4.4 Research & Development Expenses
10.4.5 Recent strategies and developments:
10.4.5.1 Partnerships, Collaborations, and Agreements:
10.4.5.2 Product Launches and Product Expansions:
10.4.5.3 Acquisition and Mergers:
10.4.6 SWOT Analysis
10.5 Wipro Limited
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expenses
10.5.5 Recent strategies and developments:
10.5.5.1 Partnerships, Collaborations, and Agreements:
10.5.6 SWOT Analysis
10.6 Verizon Communications, Inc.
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental Analysis
10.6.4 Recent strategies and developments:
10.6.4.1 Partnerships, Collaborations, and Agreements:
10.6.5 SWOT Analysis
10.7 SecureWorks Corp. (Dell Technologies, Inc.)
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Regional Analysis
10.7.4 Research & Development Expenses
10.7.5 Recent strategies and developments:
10.7.5.1 Product Launches and Product Expansions:
10.8 Accenture PLC
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental Analysis
10.8.4 Research & Development Expenses
10.8.5 Recent strategies and developments:
10.8.5.1 Partnerships, Collaborations, and Agreements:
10.8.5.2 Acquisition and Mergers:
10.8.6 SWOT Analysis
10.9 BT Group plc
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Research & Development Expenses
10.9.5 SWOT Analysis
10.10. SonicWall, Inc.
10.10.1 Company Overview
10.10.2 Recent strategies and developments:
10.10.2.1 Product Launches and Product Expansions:
10.10.2.2 Acquisition and Mergers:
10.10.3 SWOT Analysis

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