Cyber Security Software Development in the UK - Industry Market Research Report

Safe sales: Increasing digitisation and the importance of protecting confidential data keep revenue growing

From undertaking businesses online to transferring financial information via online data packets, the Internet of Things has changed how society operates. However, the digital age has also allowed for cyber-attacks and the use malware to gain unauthorised access to computer networks for financial gain or personal data, threatening businesses and public resources. According to specialised global insurer Hiscox, small UK businesses are the target of an estimated 65,000 cyber-attacks every day.

Cyber security software developers integrate security practices into the software development life cycle and verify the security of internally developed programmes before they are deployed onto the commercial market. Cyber security software programmes developed by the industry are designed to detect and prevent unauthorised use of computerised or internet-connected networks. The industry excludes the development of security hardware and aftermarket consultancy services.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.