UK: cybersecurity segment revenue growth 2017-2026

In 2020, the cybersecurity market in the United Kingdom grew by five percent, generating a total revenue of over 5.9 billion GBP. The biggest growth rate in this year can be found in the IT services segment of the market at 7.7 percent. Only the hardware security segment had a negative growth rate, at minus 0.7 percent. Although growth rates declined since the high rates between 2017 and 2019, the Statista Technology market estimates that revenue growth rates will only decline slightly until 2026.

Cybersecurity revenue growth in the United Kingdom from 2017 to 2026, by segment

Characteristic	Hardware	IT Services	Software
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Supplementary notes

Data provided by Statista Market Outlook are estimates
The market for Cybersecurity includes revenues generated in the three security-related segments IT Services, Software, and Hardware. The general aim of these products is the protection of computer systems and networks against threats and vulnerabilities. Cybersecurity provides and maintains confidentiality, integrity, availability, and privacy. This includes measures to prevent and to respond to incidents, such as attacks and disruptions, as well as tools to investigate and manage risks.

Market values are defined as revenues received by the primary vendors, including both enterprise and consumer spends, excluding VAT.

Company examples: Cisco, Palo Alto Networks, Secureworks.

All figures are estimate. A detailed methodology can be found in the Statista Market Outlook.

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