£1.2bn
£XXX.Xm
6,222
218
£XXX.Xm
The Internet of Things has changed how society operates from undertaking businesses online to transferring financial information via online data packets. However, the digital age has also allowed cyber-attacks and malware to obtain unauthorised access to computer networks for financial gain or personal data, threatening businesses and public resources. The UK's cyber security software development industry has rapidly gained prominence as cyber threats continue to evolve in complexity and volume. In 2023, it was noted that UK businesses faced approximately 7.8 million cyber crimes, pushing organisations to ramp up their cyber defences.
Industry revenue has grown at a CAGR of 7.3 % over the past five years, to reach an estimated £1.2bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2025 | Revenue (£m)
2025 |
---|---|---|
Sophos Ltd | 379.7 | |
Darktrace plc | 340.0 | |
Avecto Ltd | 40.1 |
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Industry revenue is measured across several distinct product and services lines, including Access control, Network firewall and Intrusion systems. Access control is the largest segment of the Cyber Security Software Development in the UK.
Access control surges as data protection laws tighten
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.
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SIC 62.01 - Cyber Security Software Development in the UK
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Online espionage continues to surge, increasing the industry’s importance. Cyber security is becoming more and more key as threats show no signs of abating, especially with r...
Learn about an industry's products and services, markets and trends in international trade.
Growing government funding props up cyber security sales. The National Cyber Security Strategy has been key here – as the government recognises the growing threats a lack of ...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
London, as the UK’s business centre, has the most developers. The capital gives companies access to a large pool of talented IT workers, as well as a huge number of businesse...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Competition mostly comes from overseas. The UK cyber security industry lags behind the rest of the world – most multinational developers are based abroad, with only secondary...
Learn about the performance of the top companies in the industry.
Sophos stays in the mix with M&A activity. It’s been on both ends of this, taking over smaller companies to expand its offerings and being on the end of a buyout itself.
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Data protection laws both help and hinder the industry. On the one hand, developers need to keep a close eye on how they handle data. On the other, they boost demand from dow...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Surging sales support developers’ profit. With cyber security threats showing no signs of abating, business investment in software to combat threats continues to swell. The i...
Including values and annual change:
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Key data sources in the UK include:
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The market size of the Cyber Security Software Development in the UK industry in United Kingdom is £1.2bn in 2024.
There are 218 businesses in the Cyber Security Software Development in the UK industry in United Kingdom, which has grown at a CAGR of 4.9 % between 2019 and 2024.
The market size of the Cyber Security Software Development in the UK industry in United Kingdom has been growing at a CAGR of 7.3 % between 2019 and 2024.
Over the next five years, the Cyber Security Software Development in the UK industry in United Kingdom is expected to grow.
The biggest companies operating in the Cyber Security Software Development market in United Kingdom are Sophos Ltd, Darktrace plc and Avecto Ltd
Access control and Network firewall are part of the Cyber Security Software Development in the UK industry.
The company holding the most market share in United Kingdom is Sophos Ltd.
The level of competition is moderate and increasing in the Cyber Security Software Development in the UK industry in United Kingdom.