Central and Eastern Europe Cybersecurity Market By Size, Share, Trends, Growth, Forecast 2026

Report Description

Central & Eastern Europe Cybersecurity Market was valued at USD4.95 billion in 2020 and is projected to reach USD11.02 billion by 2026, registering a CAGR of 14.35% during the forecast period. Increased instances of data breaches, increasing government initiatives, expanding internet user base, rising cyberattacks in healthcare, BFSI, retail and government sectors for identity theft, financial gains, account access etc. to positively influence the Central & Eastern Europe Cybersecurity Market in the coming years.

Central & Eastern Europe Cybersecurity Market can be segmented into solutions type, deployment type, security type, end use industry, and country. Based on solutions type, the market can be segmented into firewall, antivirus and antimalware, risk and compliance management, identity and access management, data loss prevention, intrusion detection/prevention system, encryption & decryption, secure web gateways, email filtering and others including unified threat management, infrastructure security, endpoint detection and response, etc. Firewall captured 15.78% of the Central & Eastern Europe Cybersecurity Market share in the year 2020; however, secure web gateways segment is expected to grow at a higher pace due to their ability to identify and protect against advanced Internet-based attacks using web traffic inspection at the application layer.

Based on deployment type, the market is sub-segmented into on-premises and cloud. The on-premises segment held a market share of 56.20% in the year 2020. However, cloud segment is expected to grow at a significant pace during the forecast period due to widespread adoption of cloud-based storage platforms across the industries.

Based on security type the market is sub-segmented into network security, endpoint security, cloud security, application security, content security and others including web security, critical infrastructure, etc. The network security segment captured 26.91% market share in the year 2020. Cloud security segment is expected to grow at a higher pace during the forecast period due to continuous growing investments across the cloud infrastructure.

Based on end use industry the market is bifurcated into BFSI, defense, IT and telecom, healthcare, retail, energy and power and others including manufacturing, automotive, etc. The defense segment held a share of 20.80% in 2020, however healthcare segment is expected to grow at a higher rate.

Based on the countries, the Central & Eastern Europe is bifurcated into Czech Republic, Estonia, Lithuania, Poland, Croatia, Romania, Latvia, Hungary, Slovenia, Bulgaria, Albania, and Montenegro. Among these countries, Czech Republic is expected to dominate the market on account of the widespread adoption of cybersecurity strategies, however Romania is expected to grow at a higher pace.

The major players operating in the Central & Eastern Europe Cybersecurity Market are Cisco Systems Inc., IBM Corporation, Fortinet Inc., Palo Alto Networks Inc., McAfee Corp, Sophos Group Plc, CrowdStrike Holdings Inc., FireEye Inc., Juniper Networks Inc., Check Point Software Technologies Inc, CyberArk Software Ltd., Trend Micro Inc., Zscaler Inc., Sonicwall Inc., Barracuda Networks Inc. These companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers and acquisitions and new service developments.

Years considered for this report:

Historical Years: 2016-2019

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2022-2026

Objective of the Study:

To analyze the historical growth in the market size of the Central & Eastern Europe Cybersecurity Market from 2016 to 2020.
To estimate and forecast the market size of Central & Eastern Europe Cybersecurity Market from 2021 to 2026 and growth rate until 2026.
To classify and forecast the Central & Eastern Europe Cybersecurity Market based on solutions type, deployment type, security type, end use industry, company and country.
To identify dominant country or segment in the Central & Eastern Europe Cybersecurity Market.
To identify drivers and challenges for the Central & Eastern Europe Cybersecurity Market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Central & Eastern Europe Cybersecurity Market.
To identify and analyze the profiles of leading players operating in the Central & Eastern Europe Cybersecurity Market.
To identify key sustainable strategies adopted by market players in the Central & Eastern Europe Cybersecurity Market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of cybersecurity vendors across the Central & Eastern Europe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the providers, distribution channels and presence of all major players across the Central & Eastern Europe.

TechSci Research calculated the market size of Central & Eastern Europe Cybersecurity Market using a top-down approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and solutions for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

Cybersecurity providers
Market research and consulting firms
Government bodies such as regulating authorities and policy makers
Organizations, forums, and alliances related to Cybersecurity

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as developers, service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, the Central & Eastern Europe Cybersecurity Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Central & Eastern Europe Cybersecurity Market, By Solutions Type:

Firewall
Antivirus and Antimalware
Risk and Compliance Management
Identity & Access Management
Data Loss Prevention
Intrusion Prevention/Detection System
Encryption & Decryption
Secure Web Gateways
Email Filtering
Others

Central & Eastern Europe Cybersecurity Market, By Deployment Type:

On-premises
Cloud

Central & Eastern Europe Cybersecurity Market, By Security Type:

Network Security
Endpoint Security
Cloud Security
Application Security
Content Security
Others

Central & Eastern Europe Cybersecurity Market, By End Use Industry:

BFSI
Defense
IT and Telecom
Healthcare
Retail
Energy and Power
Others

Central & Eastern Europe Cybersecurity Market, By Country:

Czech Republic
Estonia
Lithuania
Poland
Croatia
Romania
Latvia
Hungary
Slovenia
Bulgaria
Albania
Montenegro

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Central & Eastern Europe Cybersecurity Market.

Available Customizations:

With the given Market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Table of content

1. Product Overview

2. Research Methodology

3. Impact of COVID-19 on Central & Eastern Europe Cybersecurity Market

4. Executive Summary

5. Voice of Customer

5.1. Brand Awareness

5.2. Factors influencing Purchase Decisions

5.3. Challenges/issues Faced Post Purchase

5.4. Unmet Needs

6. Central & Eastern Europe Cybersecurity Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Solutions Type (Firewall, Antivirus and Antimalware, Risk & Compliance Management, Identity & Access Management, Data Loss Prevention, Intrusion Detection/Prevention System, Encryption & Decryption, Secure Web Gateways, Email Filtering, Others)

6.2.2. By Deployment Type (On-Premises, Cloud)

6.2.3. By Security Type (Network Security, Endpoint Security, Cloud Security, Application Security, Content Security, Others)

6.2.4. By End Use Industry (BFSI, Defense, IT and Telecom, Healthcare, Retail, Energy and Power, Others)

6.2.5. By Country

6.2.6. By Company (2020)

6.3. Market Map

7. Czech Republic Cybersecurity Market Outlook

7.1. Market Size & Forecast

7.1.1.By Value

7.2. Market Share & Forecast

7.2.1. By Solutions Type

7.2.2. By Deployment Type

7.2.3. By Security Type

7.2.4. By End Use Industry

8. Estonia Cybersecurity Market Outlook

8.1. Market Size & Forecast

8.1.1.By Value

8.2. Market Share & Forecast

8.2.1. By Solutions Type

8.2.2. By Deployment Type

8.2.3. By Security Type

8.2.4. By End Use Industry

9. Lithuania Cybersecurity Market Outlook

9.1. Market Size & Forecast

9.1.1.By Value

9.2. Market Share & Forecast

9.2.1. By Solutions Type

9.2.2. By Deployment Type

9.2.3. By Security Type

9.2.4. By End Use Industry

10. Poland Cybersecurity Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Solutions Type

10.2.2. By Deployment Type

10.2.3. By Security Type

10.2.4. By End Use Industry

11. Croatia Cybersecurity Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value

11.2. Market Share & Forecast

11.2.1. By Solutions Type

11.2.2. By Deployment Type

11.2.3. By Security Type

11.2.4. By End Use Industry

12. Romania Cybersecurity Market Outlook

12.1. Market Size & Forecast

12.1.1. By Value

12.2. Market Share & Forecast

12.2.1. By Solutions Type

12.2.2. By Deployment Type

12.2.3. By Security Type

12.2.4. By End Use Industry

13. Latvia Cybersecurity Market Outlook

13.1. Market Size & Forecast

13.1.1. By Value

13.2. Market Share & Forecast

13.2.1. By Solutions Type

13.2.2. By Deployment Type

13.2.3. By Security Type

13.2.4. By End Use Industry

14. Hungary Cybersecurity Market Outlook

14.1. Market Size & Forecast

14.1.1. By Value

14.2. Market Share & Forecast

14.2.1. By Solutions Type

14.2.2. By Deployment Type

14.2.3. By Security Type

14.2.4. By End Use Industry

15. Slovenia Cybersecurity Market Outlook

15.1. Market Size & Forecast

15.1.1. By Value

15.2. Market Share & Forecast

15.2.1. By Solutions Type

15.2.2. By Deployment Type

15.2.3. By Security Type

15.2.4. By End Use Industry

16. Bulgaria Cybersecurity Market Outlook

16.1. Market Size & Forecast

16.1.1. By Value

16.2. Market Share & Forecast

16.2.1. By Solutions Type

16.2.2. By Deployment Type

16.2.3. By Security Type

16.2.4. By End Use Industry

17. Albania Cybersecurity Market Outlook

17.1. Market Size & Forecast

17.1.1. By Value

17.2. Market Share & Forecast

17.2.1. By Solutions Type

17.2.2. By Deployment Type

17.2.3. By Security Type

17.2.4. By End Use Industry

18. Montenegro Cybersecurity Market Outlook

18.1. Market Size & Forecast

18.1.1. By Value

18.2. Market Share & Forecast

18.2.1. By Solutions Type

18.2.2. By Deployment Type

18.2.3. By Security Type

18.2.4. By End Use Industry

19. Market Dynamics

19.1. Drivers

19.2. Challenges

20. Market Trends & Developments

21. Competitive Landscape

21.1. Competition Outlook

21.2. Company Profiles (Top 15 Leading Companies)

21.2.1. Cisco Systems Inc

21.2.2. IBM Corporation

21.2.3. Fortinet Inc

21.2.4. Palo Alto Networks Inc

21.2.5. McAfee Corp

21.2.6. Sophos Group Plc

21.2.7. CrowdStrike Holdings Inc

21.2.8. FireEye Inc

21.2.9. Juniper Networks Inc

21.2.10. Check Point Software Technologies Inc

21.2.11. CyberArk Software Ltd

21.2.12. Trend Micro Inc

21.2.13. Zscaler Inc

21.2.14. Sonicwall Inc

21.2.15. Barracuda Networks Inc

22. Strategic Recommendations

23. About Us & Disclaimer

Figures and Tables

Figure 1: Central & Eastern Europe Cybersecurity Market Size, By Value (USD billion), 2016-2026F

Figure 2: Central & Eastern Europe Cybersecurity Market Share, By Solutions Type, By Value, 2016-2026F

Figure 3: Central & Eastern Europe Cybersecurity Market Share, By Deployment Type, By Value, 2016-2026F

Figure 4: Central & Eastern Europe Cybersecurity Market Share, By Security Type, By Value, 2016-2026F

Figure 5: Central & Eastern Europe Cybersecurity Market Share, By End Use Industry, By Value, 2016-2026F

Figure 6: Central & Eastern Europe Cybersecurity Market Share, By Country, By Value, 2016-2026F

Figure 7: Central & Eastern Europe Cybersecurity Market Share, By Company, By Value, 2020

Figure 8: Central & Eastern Europe Cybersecurity Market Map, By Solutions Type

Figure 9: Central & Eastern Europe Cybersecurity Market Map, By Deployment Type

Figure 10: Central & Eastern Europe Cybersecurity Market Map, By Security Type

Figure 11: Central & Eastern Europe Cybersecurity Market Map, By End Use Industry

Figure 12: Central & Eastern Europe Cybersecurity Market Map, By Country

Figure 13: Czech Republic Cybersecurity Market Size, By Value (USD Billion), 2016-2026F

Figure 14: Czech Republic Cybersecurity Market Share, By Solutions Type, By Value, 2016-2026F

Figure 15: Czech Republic Cybersecurity Market Share, By Deployment Type, By Value, 2016-2026F

Figure 16: Czech Republic Cybersecurity Market Share, By Security Type, By Value, 2016-2026F

Figure 17: Czech Republic Cybersecurity Market Share, By End Use Industry, By Value, 2016-2026F

Figure 18: Estonia Cybersecurity Market Size, By Value (USD Billion), 2016-2026F

Figure 19: Estonia Cybersecurity Market Share, By Solutions Type, By Value, 2016-2026F

Figure 20: Estonia Cybersecurity Market Share, By Deployment Type, By Value, 2016-2026F

Figure 21: Estonia Cybersecurity Market Share, By Security Type, By Value, 2016-2026F

Figure 22: Estonia Cybersecurity Market Share, By End Use Industry, By Value, 2016-2026F

Figure 23: Lithuania Cybersecurity Market Size, By Value (USD Billion), 2016-2026F

Figure 24: Lithuania Cybersecurity Market Share, By Solutions Type, By Value, 2016-2026F

Figure 25: Lithuania Cybersecurity Market Share, By Deployment Type, By Value, 2016-2026F

Figure 26: Lithuania Cybersecurity Market Share, By Security Type, By Value, 2016-2026F

Figure 27: Lithuania Cybersecurity Market Share, By End Use Industry, By Value, 2016-2026F

Figure 28: Poland Cybersecurity Market Size, By Value (USD Billion), 2016-2026F

Figure 29: Poland Cybersecurity Market Share, By Solutions Type, By Value, 2016-2026F

Figure 30: Poland Cybersecurity Market Share, By Deployment Type, By Value, 2016-2026F

Figure 31: Poland Cybersecurity Market Share, By Security Type, By Value, 2016-2026F

Figure 32: Poland Cybersecurity Market Share, By End Use Industry, By Value, 2016-2026F

Figure 33: Croatia Cybersecurity Market Size, By Value (USD Billion), 2016-2026F

Figure 34: Croatia Cybersecurity Market Share, By Solutions Type, By Value, 2016-2026F

Figure 35: Croatia Cybersecurity Market Share, By Deployment Type, By Value, 2016-2026F

Figure 36: Croatia Cybersecurity Market Share, By Security Type, By Value, 2016-2026F

Figure 37: Croatia Cybersecurity Market Share, By End Use Industry, By Value, 2016-2026F

Figure 38: Romania Cybersecurity Market Size, By Value (USD Billion), 2016-2026F

Figure 39: Romania Cybersecurity Market Share, By Solutions Type, By Value, 2016-2026F

Figure 40: Romania Cybersecurity Market Share, By Deployment Type, By Value, 2016-2026F

Figure 41: Romania Cybersecurity Market Share, By Security Type, By Value, 2016-2026F

Figure 42: Romania Cybersecurity Market Share, By End Use Industry, By Value, 2016-2026F

Figure 43: Latvia Cybersecurity Market Size, By Value (USD Billion), 2016-2026F

Figure 44: Latvia Cybersecurity Market Share, By Solutions Type, By Value, 2016-2026F

Figure 45: Latvia Cybersecurity Market Share, By Deployment Type, By Value, 2016-2026F

Figure 46: Latvia Cybersecurity Market Share, By Security Type, By Value, 2016-2026F

Figure 47: Latvia Cybersecurity Market Share, By End Use Industry, By Value, 2016-2026F

Figure 48: Hungary Cybersecurity Market Size, By Value (USD Billion), 2016-2026F

Figure 49: Hungary Cybersecurity Market Share, By Solutions Type, By Value, 2016-2026F

Figure 50: Hungary Cybersecurity Market Share, By Deployment Type, By Value, 2016-2026F

Figure 51: Hungary Cybersecurity Market Share, By Security Type, By Value, 2016-2026F

Figure 52: Hungary Cybersecurity Market Share, By End Use Industry, By Value, 2016-2026F

Figure 53: Slovenia Cybersecurity Market Size, By Value (USD Billion), 2016-2026F

Figure 54: Slovenia Cybersecurity Market Share, By Solutions Type, By Value, 2016-2026F

Figure 55: Slovenia Cybersecurity Market Share, By Deployment Type, By Value, 2016-2026F

Figure 56: Slovenia Cybersecurity Market Share, By Security Type, By Value, 2016-2026F

Figure 57: Slovenia Cybersecurity Market Share, By End Use Industry, By Value, 2016-2026F

Figure 58: Bulgaria Cybersecurity Market Size, By Value (USD Billion), 2016-2026F

Figure 59: Bulgaria Cybersecurity Market Share, By Solutions Type, By Value, 2016-2026F

Figure 60: Bulgaria Cybersecurity Market Share, By Deployment Type, By Value, 2016-2026F

Figure 61: Bulgaria Cybersecurity Market Share, By Security Type, By Value, 2016-2026F

Figure 62: Bulgaria Cybersecurity Market Share, By End Use Industry, By Value, 2016-2026F

Figure 63: Albania Cybersecurity Market Size, By Value (USD Billion), 2016-2026F

Figure 64: Albania Cybersecurity Market Share, By Solutions Type, By Value, 2016-2026F

Figure 65: Albania Cybersecurity Market Share, By Deployment Type, By Value, 2016-2026F

Figure 66: Albania Cybersecurity Market Share, By Security Type, By Value, 2016-2026F

Figure 67: Albania Cybersecurity Market Share, By End Use Industry, By Value, 2016-2026F

Figure 68: Montenegro Cybersecurity Market Size, By Value (USD Billion), 2016-2026F

Figure 69: Montenegro Cybersecurity Market Share, By Solutions Type, By Value, 2016-2026F

Figure 70: Montenegro Cybersecurity Market Share, By Deployment Type, By Value, 2016-2026F

Figure 71: Montenegro Cybersecurity Market Share, By Security Type, By Value, 2016-2026F

Figure 72: Montenegro Cybersecurity Market Share, By End Use Industry, By Value, 2016-2026F

Frequently asked questions

What is the expected market size of the Central and Eastern Europe cybersecurity in 2026?

The Central and Eastern Europe cybersecurity market stood at USD4.94 billion in 2020 and is expected to reach USD11.019 billion in 2026 owing to increased instances of data breaches and the need for data security. Various government initiatives and the rising internet user base are further propelling the growth in the market.

Who are the key players operating in the Central and Eastern Europe Cybersecurity Market?

Cisco Systems Inc., IBM Corporation, Fortinet Inc., Palo Alto Networks Inc., McAfee Corp, Sophos Group Plc, CrowdStrike Holdings Inc. are some of the key players operating in the Central and Eastern Europe Cybersecurity Market.

Which country accounted for the maximum share in the Central and Eastern Europe Cybersecurity Market?

Czech Republic is expected to dominate the Central and Eastern Europe Cybersecurity Market owing to the increased usage of cybersecurity measures across the country. The government backed initiatives and adoption of cybersecurity policies across the country propelled the growth of the cybersecurity industry in Czech Republic.

Which security type is expected to register the fastest growth in the Central and Eastern Europe Cybersecurity Market?

Cloud security type is expected to register the fastest growth in the Central and Eastern Europe Cybersecurity Market owing to the increased usage of the cloud computing platforms and the need to secure the data from theft, leakage, or deletion. Various measures such as firewalls, tokenization, obfuscation or VPNs are being used to secure the data over the cloud platforms.

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