Market Overview
The Germany cybersecurity market size was valued at USD 13.60 Billion in 2024 and is expected to reach USD 37.90 Billion by 2033, growing at a CAGR of 10.80% during the forecast period of 2025-2033. The market expansion is driven by the rising adoption of cloud services requiring robust security and the increasing frequency of cyberattacks pushing companies to invest in dependable safety systems.
Study Assumption Years
- Base Year: 2024
- Historical Years: 2019-2024
- Forecast Period: 2025-2033
Germany Cybersecurity Market Key Takeaways
- The Germany cybersecurity market size reached USD 13.60 Billion in 2024.
- The market is projected to reach USD 37.90 Billion by 2033 with a CAGR of 10.80%.
- Growing investments in cloud computing, such as Amazon AWS's planned 7.8 Billion Euro investment by 2040 to develop infrastructure across Germany.
- Increasing cyberattacks with 309,000 new malware variants daily, rising 26% from 2022, stimulating demand for incident response and threat intelligence.
- Expansion across major industry verticals including IT and telecom, retail, BFSI, healthcare, defense/government, and manufacturing.
- The Federal Office for Information Security (BSI) highlighted significant cybersecurity threats and resilience improvements in its 2024 report.
Sample Request Link: https://www.imarcgroup.com/germany-cybersecurity-market/requestsample
Market Growth Factors
Cloud investment is the main driver of the German market. For example, AWS has announced plans to invest 7.8 Billion Euros (USD 8.44 Billion) by 2040 to build a cloud infrastructure in Germany. Data centers in Brandenburg are to be completed by 2025. With the increase of cloud services, the potential for security threats, such as data leaks and hacking, increases as well, leading to the integration of encryption, identity management and threat detection services.
Cloud migration is increasing across many sectors including financial services, healthcare and manufacturing, which is leading organizations to adopt cybersecurity systems to comply with data privacy and protection regulations. As concerns grow around risk, the adoption of cloud security products such as firewalls, artificial intelligence, and zero-trust is accelerating. Hybrid and multi-cloud infrastructures may have a meaningful impact, as interoperability among clouds needs to be ensured.
The growing number of cyberattacks is a major growth driver for the market, with emphasis on incident response and threat intelligence offerings. According to the annual report of the Federal Office for Information Security (BSI), new malware variants increased by 26% in 2024, averaging 309,000 per day. The vulnerability specifically appears on 64-bit Windows and Android platforms. Businesses invest in proactive, holistic threat intelligence and they respond to incidents with next-generation machine learning and artificial intelligence to detect and respond to such threats earlier.
Market Segmentation
Component Insights:
- Solutions: Includes identity and access management (IAM), infrastructure security, governance, risk and compliance, unified vulnerability management service offering, data security and privacy service offering, and others.
- Services: Encompasses professional services and managed services.
Deployment Type Insights:
- Cloud-based
- On-premises
User Type Insights:
- Large Enterprises
- Small and Medium Enterprises
Industry Vertical Insights:
- IT and Telecom
- Retail
- BFSI
- Healthcare
- Defense/Government
- Manufacturing
- Energy
- Others
Regional Insights
The report covers all major regional markets including Western Germany, Southern Germany, Eastern Germany, and Northern Germany. While the source does not specify dominance or detailed statistics, these regions are recognized as key markets within Germany for cybersecurity activities.
Recent Developments & News
In March 2024, Airbus Defence and Space acquired Infodas, a German cybersecurity firm with around 250 employees and annual revenues of €50 Million, known for defense sector contracts with the German military and NATO. This move aligns with Airbus's strategy to bolster cybersecurity amidst rising digital threats.
In September 2023, Wipro Limited launched a Cyber Defense Center in Dusseldorf, Germany, offering 24/7 cybersecurity monitoring and remediation services using Microsoft tools. This facility enhances Wipro's capability to deliver advanced cybersecurity services, including customized training for clients.
Key Players
- Airbus Defence and Space
- Infodas
- Wipro Limited
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
About Us
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Comments (0)