The Europe Security Services Market size is estimated at USD 17.84 billion in 2024, and is expected to reach USD 23.64 billion by 2029, growing at a CAGR of 5.80% during the forecast period (2024-2029).
The European security services market is fragmented, with many players serving the market at the regional and global levels. Almost all industries are transitioning from on-premises to cloud platforms for corporate activity. This factor has sped up the development of cloud-based security solutions as the volume of data and processing requirements from cloud services also supports the further growth of AI and ML. These security services providers launch enhanced products, collaborate with various companies for market expansion, and gain leadership. Some significant players offering their services in this market include Fortra LLC, G4S Limited, Fujitsu, Wipro Ltd, Palo Alto Networks, Allied Universal, and IBM Corporation, among many others.
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