Germany Cyber Security Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2025-2034)

Germany Cyber Security Market Growth

The Hiscox report indicates a significant rise in the number of German companies reporting cyber attacks, escalating from 46% in 2021 to 85% in 2023. Additionally, the average frequency of attacks faced by these firms increased from six to ten. A study conducted by Comparitech examined various cybersecurity statistics, providing a comprehensive overview of the cybersecurity landscape across 75 nations. Within this analysis, Germany was positioned 44th in terms of overall cybersecurity. Additionally, the Sophos State of Ransomware Report 2023 revealed that 58% of organisations in Germany encountered malware attacks in 2023.

The surge in cyberattacks targeting both businesses and government entities has led to a heightened demand for cybersecurity solutions. Cybercrime has inflicted considerable financial losses, and the increasing sophistication of these attacks has compelled companies to allocate more resources towards security measures. Sophos's 2022 report highlighted that over three-quarters of German enterprises (81%) have incorporated cybersecurity into their policies.

The ongoing digital transformation, coupled with the growth of IT and telecommunications infrastructure, serves as a significant catalyst for the market. As organisations progressively embrace digital technologies, the necessity for robust cybersecurity protocols to safeguard sensitive information and maintain operational continuity becomes increasingly critical.

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If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Key Trends and Development

Germany Cyber Security Market Trends

Reportedly, 35% of companies in Germany have been victims of cyberattacks since 2022, with attacks on cloud services, phishing, and attacks via data leaks being the most common offences. With the growing awareness regarding the financial costs incurred due to cyberattacks among organisations, the adoption of cyber security solutions is on the rise.

The German government reports that around 70 new vulnerabilities in software products are discovered every day. This, coupled with the development of new attack methods, is surging incidences of cybercrimes.

Germany Cyber Security Industry Segmentation

Market Breakup by Region:

• North Rhine-Westphalia
• Bavaria
• Baden-Württemberg

Germany Cyber Security Market Share

Based on the industry vertical, the market is segmented into BFSI, government, healthcare and life sciences, aerospace and defence, and manufacturing, among others. The BFSI sector is projected to grow at a CAGR of 9.2% during the forecast period of 2025-2034. The significance of cybersecurity within the BFSI sector lies in its role in safeguarding sensitive financial information, thwarting fraudulent activities, ensuring adherence to regulatory standards, protecting customer data, and preserving trust and operational integrity in the face of escalating cyber threats and vulnerabilities.

Leading Companies in Germany Cyber Security Market

Major players are focusing on the adoption of artificial intelligence and machine learning to gain a competitive edge in the market.

• IBM Corporation
• Cisco Systems Inc.
• Intel Corp.
• Dell Inc.
• Fortinet Inc.
• Trend Micro Inc.
• Oracle Corporation
• Fujitsu Ltd.
• Palo Alto Networks Inc.
• F5 Inc.
• Others

The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.