Market Insights Technology Cybersecurity Cyber Solutions

Data Security - Netherlands

Netherlands

The Netherlands is projected to experience significant growth in the Data Security market.
By 2025, the revenue in this market is expected to reach €88.88m euros.
This projection indicates a promising future for the Data Security market sector in the country.
Furthermore, the market is anticipated to exhibit a compound annual growth rate (CAGR) of 10.01% from 2025 to 2029.
This steady growth is expected to result in a market volume of €130.20m euros by 2029, further solidifying in the Netherlands' position in the Data Security market industry.
In terms of spending, the average Spend per Employee in the Data Security market is projected to reach €8.64 euros in 2025.
This indicates that companies in the Netherlands are willing to invest in robust data security measures to protect their valuable information.
In a global context, it is worth noting that United States is expected to generate the highest revenue in the Data Security market.
By 2025, the revenue United States is projected to reach a staggering €2,960.0m.
This highlights the dominance of the United States in the global Data Security market industry.
However, in the Netherlands' strong performance in this market segment showcases its potential to become a key player in the field.
The Netherlands is experiencing a growing demand for advanced encryption technologies to protect sensitive data in the financial sector.

Key regions: Brazil, Saudi Arabia, Chile, Germany, Belgium

Mercado

Región

Comparación de regiones

Moneda

Methodology

Data coverage:

Data encompasses B2C, B2B and B2G enterprises. Figures are based on security spending excluding VAT and the number of cyberattacks.

Modeling approach / Market size:

Market sizes are determined by a combined top-down and bottom-up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial statements of the market-leading companies and industry associations, national statistical offices, and specific countries’ security organizations (e.g., German Cyber Security Council, Canadian Centre for Cyber Security). Furthermore, we use relevant key market indicators and data from country-specific associations, such as GDP and internet penetration. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. Possible techniques are, for example, exponential trend smoothing and the autoregressive integrated moving average (ARIMA) forecasting algorithm. The main drivers are GDP, internet users, level of digitization, and consumer attitude towards data and IT security.

Additional notes:

Data is modeled using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.