Nordics Cybersecurity Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The Nordic cybersecurity market is expected to register a CAGR of 6.8% over the next five years. The upswing of cyberattacks in various end-user industries primarily drives the Nordic cybersecurity market. Furthermore, as digitalization advances, cyberattackers are developing new methods of conducting cyberattacks; these factors are expected to increase demand for cybersecurity solutions in the country.
Key HighlightsThe competitive landscape of the Nordic cybersecurity market is competitive and remains fragmented, with several global and regional players operating in the market. The evolving needs of the end-user segments are driving the market vendors to offer innovative products. In addition, growing opportunities in the market are attracting new players and investments.
In March 2022, Acronis announced another significant investment in the Nordics, opening a new Acronis Cloud Data Center in Stockholm, Sweden. The new sustainable cloud data center gives all service providers access to a full range of cyber protection solutions so they can build new services and give their clients faster access, constant data availability, and data sovereignty.
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