2021
9
UK Computer Security Market Report 2021
2021-03-05T03:03:08+00:00
OX1042277
1495
135264
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Report
en_GB
“While the critical feature of many markets in 2020 and 2021 is the impact of COVID-19, the more significant influences for the computer security sector include phishing, unauthorised access and…

UK Computer Security Market Report 2021

£ 1,495 (Excl.Tax)

Report Summary

Providing the most comprehensive and up-to-date information and analysis of the UK Computer Security market, including the behaviours, preferences and habits of the consumer.

With markets already increasingly becoming digitised, the COVID-19 pandemic has accelerated this shift online. This has caused in increased awareness and demand for computer security. While many other sectors have taken a hit during the pandemic, computer security companies actually saw a growth of 14% in revenue.

With many non-essential businesses closed and moved to homeworking, and a trend towards homeworking potentially remaining post-lockdown, more companies are in need of better security. There has also been an increase in credit and debit cards, with many businesses not accepting physical money during the pandemic to limit contamination.

However, with the rise in homeworking, there has also been a rise in cybersecurity incidents. 28% of all reported security incidences over the past year have been related to cyber security, with primary targets being the retail, manufacturing, and finance sectors. There was a reported loss of £11 million to COVID-19 scams in London alone, with 1 in 4 people in Switzerland experiencing a cyberattack during the pandemic.

This report shows the current state of the market as restrictions begin to ease; as well as the potential market growth for cyber security companies, with homeworking and the 5G rollout increasing the number of internet-connected devices.

Quickly understand

  • How the COVID-19 impact has changed demand with remote working and growth in video conferencing
  • The continued rate of growth of the market despite the economic disruptions
  • The driving forces of cyberattacks, particularly phishing, unauthorised access and ransomware, which have increased with the COVID-19 pandemic
  • How cloud computing is impacting the market
  • How the industry is responding to continued growth in cyberattack sophistication and frequency

Covered in this report

Sectors Using Cybersecurity: Government (central and local), retail, marketing, charities, manufacturing, education, finance, regulators, media, health, telecoms, utilities, property services, justice, political, religious, legal, social care, transport.

Types of Cyberattack: Hardware misconfiguration, malware, brute force, unauthorised use, ransomware, software misconfiguration, phising, human error.

Brands: McAfee, Sophos, BAE, IBM, HP, Lockheed Marin, Raytheon, Antivir, ClamWin, MSE, Kaspersky, Netlux, RAV, Trend Micro, Webroot, Comodo, Avast, Avira, BitDefender, BullGuard, F-Prot, Network Associates, Panda Software, NortonLifeLock, Doctor Web, ESET NOD32, VIPRE, Apple, Amazon, Google, Microsoft.

Expert analysis from a specialist in the field

Written by Terry Leggett, a leading analyst in the B2B sector, his extensive knowledge delivers in-depth commentary and analysis to highlight current trends and add expert context to the numbers.

While the critical feature of many markets in 2020 and 2021 is the impact of COVID-19, the more significant influences for the computer security sector include phishing, unauthorised access and ransomware. Social distancing measures have introduced new challenges of remote working and video conferencing, but they have also accelerated digital activity and cloud computing.

Terry Leggett
Senior B2B Analyst

Table of Contents

  1. Overview

    • Key issues covered in this report
    • Impact of the January 2021 lockdown and the vaccination rollout
    • Economic and other assumptions
    • Products covered in this Report
  2. Executive Summary

    • Impact of COVID-19 on computer security
      • Figure 1: Short-, medium- and long-term impact of COVID-19 on computer security, prepared on 24 February 2021
    • The market
    • Market size and forecast
      • Figure 2: Market size for computer security, 2015-2025 prepared on 24 February 2021
    • Computer security affects everyone
      • Figure 3: Cyber security incidents reported to the Information Commissioner’s Office, by sector, July to September 2020
    • The cyber threats
      • Figure 4: Analysis of cyber security attacks, by type, July to September 2020
    • Computer security solutions
      • Figure 5: Segmentation of the computer security market, by solution, 2020 (£ million)
    • Products and services
      • Figure 6: Segmentation of the computer security market, by product/service, 2020 (£ million)
    • Companies and brands
    • An international industry
    • A vibrant UK sector
  3. Issues and Insights

    • COVID-19 has permanently changed computer security
    • How much should a company spend on cyber security?
  4. The Market – Key Takeaways

    • COVID-19
    • Cyber threats have gained pace with the pandemic
    • Cyber security market analysis, cyber security statistics and cyber security market share.
  5. Market Size and Forecast

    • Growth not impacted by COVID-19
      • Figure 7: Short-, medium- and long-term impact of COVID-19 on computer security, prepared on 24 February 2021
    • The market
      • Figure 8: Market size for computer security, 2015-2025 prepared on 24 February 2021
    • Market drivers and assumptions
      • Figure 9: Key drivers affecting Mintel’s market forecast, 2015-25 (prepared on 24 February 2021)
    • Forecast methodology
  6. Market Segmentation by Industry

    • Every business sector impacted
      • Figure 10: Security incidents reported to the Information Commissioner’s Office, by sector, 2019/20
      • Figure 11: Cyber security incidents reported to the Information Commissioner’s Office, by sector, July to September 2020
    • Phishing, ransomware and unauthorised access are the key cyber security insight
      • Figure 12: Analysis of cyber security attacks, by type, July to September 2020
      • Figure 13: Analysis of cyber security attacks on the finance sector, by type, July to September 2020
      • Figure 14: Analysis of cyber security attacks on the retail and manufacturing sector, by type, July to September 2020
    • Company size impacts security
      • Figure 15: Proportion of organisations identifying security breaches or attacks, by size of company, 2020
    • Outsourcing cyber security
      • Figure 16: Proportion of organisations outsourcing cyber security, by size of company, 2020
    • Technical controls used
      • Figure 17: Technical cyber security rules adopted by companies, 2020 (% of companies)
      • Figure 18: Companies adopting the 10-step government guidance on cyber security, 2020
  7. Market Segmentation by Solution

    • Overview
      • Figure 19: Segmentation of the computer security market, by solution, 2020 (£ million)
    • Infrastructure
      • Figure 20: Development of the infrastructure solutions computer security sector, 2015-2020
    • Systems security
      • Figure 21: Development of the systems security sector, 2015-2020
    • Content security
      • Figure 22: Development of the content security sector, 2015-2020
    • Governance
      • Figure 23: Development of the governance sector, 2015-2020
  8. Market Segmentation by Product/Service

    • Overview
      • Figure 24: Segmentation of the computer security market, by product/service, 2020 (£ million)
    • Software
      • Figure 25: Development of the software sector, 2015-20
    • Project services and outsourcing
      • Figure 26: Development of the project services and outsourcing sector, 2015-20
    • Hardware
      • Figure 27: Development of the hardware sector, 2015-20
    • Network
      • Figure 28: Development of the network sector, 2015-20
    • Consultancy
      • Figure 29: Development of the consultancy sector, 2015-20
  9. Market Drivers

    • Impact of COVID-19 – remote working
      • Figure 30: Number of people mainly working from home, 2015-19
    • Digitisation
    • The key to productivity
      • Figure 31: Labour productivity in the UK compared with other major economies, 2017-19
    • The COVID-19 impact
      • Figure 32: UK labour productivity, output per hour and per worker, Q1 2017-Q3 2020
    • Internet growth
      • Figure 33: Worldwide internet usage, by region, 2000-20 (millions and %)
      • Figure 34: Proportion of UK businesses with internet access in the UK, by size of company, 2014-19 (%)
      • Figure 35: Residential fixed-line broadband coverage across the UK and Nations, March 2020
      • Figure 36: Proportion of employees using computers and the internet for their business, by size of company, 2019
      • Figure 37: Segmentation of employees with work internet access, by size of company, 2019 (million)
    • Website use by companies
      • Figure 38: Proportion of UK businesses with websites, by size of business, 2019
      • Figure 39: Proportion of companies with various capabilities on their websites, by size of business, 2019
    • E-commerce
      • Figure 40: Development of B2B and B2C e-commerce revenues, 2014-2019
      • Figure 41: Segmentation of e-commerce by B2B and B2C activities, 2014-2019
      • Figure 42: e-commerce sales, by sector, 2019
    • The cloud
      • Figure 43: Market size for cloud computing, 2015-2025 (prepared on 5th November 2020)
      • Figure 44: Segmentation of SaaS usage, by sector, 2019
  10. Companies and Brands – Key Takeaways

    • COVID-19
    • Cloud first
    • Market segmentation
    • Crowded and polarised space
  11. Industry Structure

    • Software
      • Figure 45: Development of the business and domestic software industry, 2016-20
      • Figure 46: Financial structure of the business and domestic software industry, 2020 (number of companies)
    • Computer consultancy
      • Figure 47: Development of the computer consultancy industry, 2016-20
      • Figure 48: Financial structure of the business and domestic software industry, 2020 (number of companies)
    • Computer and cyber security industry overview, cyber security industry outlook
    • The UK sector
  12. Competitive Strategies

    • B2B and consumer sectors
    • The market sector determines route to market
    • Competing with free offerings in the consumer sector
    • Coping with a crowded consumer sector
      • Figure 49: Some major companies offering consumer antivirus software, 2021
  13. Company Profiles

    • BAE Systems
    • Activity
    • Performance
      • Figure 50: Financial performance of BAE Systems, 2015-19 (£ million)
    • Strategy
    • Cisco Systems
    • Activity
    • Performance
      • Figure 51: Turnover development of Cisco Systems, 2016-20 ($ billion)
    • Strategy
    • IBM
    • Activity
    • Performance
      • Figure 52: Financial performance of IBM United Kingdom 2015-19 (£ million)
    • Strategy
    • McAfee
    • Activity
    • Performance
    • Strategy
    • NortonLifeLock formerly Symantec
    • Activity
    • Performance
      • Figure 53: NortonLifeLock revenues, 2018-20
    • Strategy
    • Sophos Group
    • Activity
    • Performance
      • Figure 54: Financial performance of Sophos Group, 2016-20 ($ million)
    • Strategy
  14. Appendix – Data Sources, Abbreviations and Supporting Information

    • Abbreviations

About the report

This market report provides in-depth analysis and insight supported by a range of data. At the same time, introductory and top-level content is provided to give you an overview of the issues covered.

Market

Mintel provides a range of market information, frequently through the category level, including market size and forecasting, complete with market drivers that illustrate the forces that shape a category or market.

Consumer

Mintel’s proprietary consumer research provides our analysts with the attitudinal and behavioral data used to provide valuable insight to topical issues.

Brand/Company

Mintel provides overviews of the top brands and manufacturers, and uses consumer research to explore attitudes and reactions to brands, as well as insight into what will resonate with consumers.

Data

Market reports provide appendices of data to support the research and insight produced. Our databooks* are easily manipulated and downloadable to support your research needs and covers factors from consumer attitudes to market forecasts.

*databooks not available with UK B2B Industry reports.

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