Europe Remote Work Security Market Size, Share & Trends Analysis Report By Offering (Solution and Services), By Work Model (Full Remote and Temporary Remote), By Security Type, By End User (BFSI and Others), By Country and Growth Forecast, 2024 - 2031
The Europe Remote Work Security Market would witness market growth of 21.3% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Remote Work Security Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $15,361.9 million by 2031. The UK market is exhibiting a CAGR of 20.3% during (2024 - 2031). Additionally, The France market would experience a CAGR of 22.3% during (2024 - 2031).
Zero Trust Network Access (ZTNA) solutions enforce security policies by focusing on the health of devices and the user’s identity rather than the location of the network. This application ensures secure access regardless of where the user is located or what network they are using. Advanced EDR (Endpoint Detection and Response) solutions detect and respond to threats and provide real-time visibility into endpoint activities, enabling rapid identification and mitigation of potential security incidents.
Furthermore, solutions that analyze user behavior patterns to detect anomalies or deviations that may indicate security threats. This application helps identify suspicious activities that could indicate a breach or insider threat. Tools that provide secure, encrypted file sharing and collaboration features, ensuring that documents and data shared between remote team members are protected against unauthorized access.
Europe has a complex regulatory environment for data protection, including general data protection regulation. With many remote workers, businesses across Europe must ensure their remote work security measures comply with GDPR and other local regulations, driving demand for specialized solutions. According to the Eurostat, in 2019, approximately 1 in 20 (5.5%) employed people aged 20–64 in the EU usually worked from home. This share more than double in 2020 to 12.3% (+6.8%). To a lesser extent, there was a further increase in the share of people usually working from home in 2021, reaching 13.5% (+1.2%). In conclusion, Increasing remote work culture in the region is driving the growth of the market.
Based on Offering, the market is segmented into Solution and Services. Based on Work Model, the market is segmented into Full Remote, Hybrid, and Temporary Remote. Based on Security Type, the market is segmented into Endpoint & IoT Security, Network Security, Cloud Security, and Application Security. Based on End User, the market is segmented into BFSI, IT & Telecom, Government, Retail & E-Commerce, Education, Media & Entertainment, 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
- >Cisco Systems, Inc.
- VMware, Inc. (Broadcom Inc.)
- Palo Alto Networks, Inc.
- Check Point Software Technologies Ltd.
- Trend Micro, Inc.
- Fortinet, Inc.
- IBM Corporation
- Microsoft Corporation
- Sophos Group PLC (Thoma Bravo)
- Cloudflare, Inc.
Europe Remote Work Security Market Report Segmentation
By Offering
By Work Model
- >Full Remote
- Hybrid
- Temporary Remote
By Security Type
- >Endpoint & IoT Security
- Network Security
- Cloud Security
- Application Security
By End User
- >BFSI
- IT & Telecom
- Government
- Retail & E-Commerce
- Education
- Media & Entertainment
- Others
By Country
- >Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe