Argentina Cybersecurity Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Argentina Cybersecurity Market size is estimated at USD 1.04 billion in 2025, and is expected to reach USD 1.76 billion by 2030, at a CAGR of 11.12% during the forecast period (2025-2030).

Key Highlights

• The cybersecurity market in Argentina is experiencing growth, driven by the increasing prevalence of cyberattacks and widespread digital transformation across industries. The proliferation of connected devices, remote access, and online activities has increased reported cybercrimes. As the adoption of intelligent devices and IoT technologies grows, cyber threats are anticipated to become more sophisticated. Consequently, businesses implement advanced cybersecurity solutions to identify, mitigate, and manage cyber risks, driving market expansion.
• Argentina's cybersecurity market plays a critical role, offering substantial growth opportunities while facing significant challenges. The increasing sophistication of cyberattacks continues to impact key sectors, including energy, manufacturing, finance, and public services.
• Over recent years, Argentina has experienced a notable increase in cyberattacks. High-profile breaches targeting government agencies, financial institutions, and healthcare organizations have highlighted the pressing need for advanced cybersecurity solutions. For example, in January 2025, a cyberattack on Argentina’s Airport Security Police (PSA) (PSA) reportedly compromised personal and financial data belonging to officers and civilians. The unidentified threat actor accessed PSA’s payroll records and deducted small amounts from employee salaries.
• Moreover, companies are launching more secure networks every year considering the growing cyber threats. According to the World Bank report, the number of secure internet servers in Argentina increased by 128 per one million inhabitants, reflecting a 2.46% growth compared to the previous year.
• In the dynamic environment of digital innovation, using advanced technologies presents both opportunities and daunting challenges, especially in cybersecurity. As cyberattacks grow increasingly sophisticated, the rapid adoption of technologies like 5G, robotic process automation, and Artificial Intelligence (AI) amplifies the risk of cyberattacks and data breaches. AI, for instance, is transforming industries by refining decision-making and automating intricate processes. However, its integration into cybersecurity also unveils vulnerabilities, including data poisoning, model manipulation, and adversarial attacks.
• Furthermore, AI's capabilities can be misused to craft advanced phishing schemes, deepfakes, and automated exploits, heightening the scale and intricacy of cyber threats. This duality of AI—as both a tool for cybersecurity and a potential weapon—demands advanced defense strategies and relentless innovation.
• Argentina's cybersecurity market is heavily influenced by the rapid pace of technological advancements, the widespread adoption of digital technologies, and the critical need to safeguard essential infrastructure and personal data from the increasing prevalence of cyber threats. In response to these challenges, Argentina has made significant progress in developing a comprehensive legal and regulatory framework to address cybersecurity concerns. This framework is built upon national laws, regulations, and policies to protect information systems, personal data, and critical infrastructure.

Argentina Cybersecurity Market Trends

Network Security to be the Largest Solutions Offering Type

• Network security includes intrusion detection/prevention systems (IDPS), network access control solutions, secure web gateway (SWG) solutions, proxy solutions, DDoS, and Vulnerability management, among others.
• Argentina's accelerated digital transformation is driving a significant increase in demand for network security solutions. As businesses increasingly rely on interconnected networks, they inadvertently expose vulnerabilities that cybercriminals exploit. The rising complexity of cyber threats and the critical need to protect sensitive data and infrastructure have positioned network security as a fundamental pillar of Argentina's cybersecurity market.
• The expansion of cloud computing and the widespread integration of IoT devices further propel this demand. With more organizations in Argentina transitioning to cloud platforms, the need to secure cloud networks and data centers has intensified, resulting in greater adoption of next-generation firewalls and VPNs.
• To capitalize on this growing demand, companies are making strategic investments to enhance their market position. For example, in November 2024, GSMA Open Gateway expanded its presence in Argentina by introducing APIs focused on security and anti-fraud measures. These solutions deliver robust protection through standardized authentication processes, significantly reducing fraud in Argentina's evolving digital ecosystem and aligning GSMA with market requirements.
• Moreover, companies are launching more secure networks every year considering the growing cyber threats. According to the World Bank report, the number of secure internet servers in Argentina increased by 128 per one million inhabitants, reflecting a 2.46% growth compared to the previous year.
• As industries such as healthcare and manufacturing increasingly adopt IoT technologies, they encounter new vulnerabilities, emphasizing the necessity for advanced network protection. With Argentina advancing toward a more interconnected, technology-driven economy, the demand for secure network infrastructure is expected to grow, reinforcing its importance within the country's cybersecurity framework.
• In Argentina, the BFSI sector, which is tasked with managing large volumes of highly sensitive and confidential data, remains a key target for increasingly sophisticated cyber threats. As a result, banks and financial institutions are intensifying their efforts to implement comprehensive strategies aimed at safeguarding customer data, securing financial transactions, and maintaining the integrity of their networks. This proactive approach has driven significant investments in advanced and innovative network security solutions, reflecting the sector's commitment to mitigating risks, ensuring regulatory compliance, and enhancing overall cybersecurity infrastructure.
• As businesses navigate digital transformation, remote work, and escalating cyber threats, the adoption of network security technologies has become essential. Despite challenges such as economic constraints and a skills gap, opportunities in managed services, AI-driven solutions, and public-private partnerships present a strong growth outlook. By fostering innovation and collaboration, Argentina is well-positioned to develop a resilient network security ecosystem, ensuring the protection of its digital economy.

BFSI to be the Largest End User

• Argentina's fintech scene is thriving, with many players seamlessly weaving open banking into their frameworks. This underscores the industry's resilience and its impressive interoperability, evidenced by over 60% of transactions flowing to or from fintech accounts.
• Additionally, 40% of Argentine fintech startups have ventured beyond the country's borders. This trend cements Argentina's status as a pivotal player in the global service and product distribution arena and highlights its role as a talent incubator, with many local teams crafting solutions for the international stage.
• Notably, financial services, a sector managing trillions and safeguarding vast troves of personal and financial data, is one of the most heavily regulated industries. Yet, with its immense stakes, this sector has become a prime target for nation-state hackers and other affluent international adversaries now wielding advanced AI technologies.
• Cybersecurity experts are sounding alarms over a surge in email phishing campaigns. These campaigns are now leveraging the Google Cloud Run service to deploy banking trojans, including Astaroth (also known as Guildma), Mekotio, and Ousaban (or Javali), targeting regions in Latin America (LATAM) and Europe. Cisco Talos researchers highlighted that the malware's infection chains utilize malicious Microsoft Installers (MSIs) as droppers or downloaders for the ultimate malware payloads.
• Moreover, the finance sector has witnessed a more pronounced evolution over the past two years than in any prior period. Neobanks, unburdened by legacy constraints, is now celebrated as the vanguard of banking, poised to revolutionize customer experiences and simplify intricate banking tasks. In a landmark achievement, Nubank, Latin America's preeminent neobank, celebrated in May 2024 as it eclipsed the 100 million customer mark.
• However, this evolution may introduce fresh vulnerabilities to the country's BFSI sector. As neobanks engage with clients through applications and APIs, they become prime targets. With hackers refining their tactics to siphon funds, the threat to the industry intensifies, potentially amplifying the market's traction.

Argentina Cybersecurity Industry Overview

Argentina’s cybersecurity market comprises several multinational and local players in a competitive space. Although the market poses high barriers to entry for new players, several new entrants have gained traction.

Prominent global players such as AVG Technologies, Check Point Software Technologies Ltd., Juniper Networks, Cisco Systems Inc., Panda Security Argentina, Fortinet Inc., and others drive intense competition across various cybersecurity domains in the Argentina cybersecurity market.

This market is characterized by moderate/high product differentiation, growing levels of product penetration, and high levels of competition. Generally, the solutions are packaged, making the consolidated offering look like a part of the product's service.

Many users opt for annual contracts to cut their costs. Lately, companies have also been opting for services that provide faster security updates. This has increased demand for cloud-based services, as the updates can be received in real-time. The service-based industry prefers such deployment.

Innovation can bring about a sustainable competitive advantage. The firm concentration ratio is expected to grow more during the forecast period because several software firms consider this market a lucrative opportunity to consolidate their offerings.

Government initiatives in digital transformation, cloud adoption, smart manufacturing, and nationwide 5G adoption bolster the cybersecurity market. In response, both local and global players are actively launching products, enhancing offerings, pursuing mergers and acquisitions, investing in research and development, and forging partnerships with government and private entities to solidify their market presence.

Overall, the degree of competition is expected to be high in the studied market.

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• The market estimate (ME) sheet in Excel format
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