Market Share of Germany Cybersecurity Industry
The German cybersecurity market is semi-consolidated with the presence of major players like IBM Corporation, Cisco Systems Inc., Dell Technologies Inc., Fortinet Inc., and Intel Security (Intel Corporation). Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
- October 2023: IBM launched the managed detection and response service offerings with new AI technologies, including the ability to automatically escalate or close up to 85% of alerts, assisting in accelerating security response timelines for clients. The new Threat Detection and Response Services (TDR) provide 24x7 investigation, monitoring, and automated remediation of security alerts from all relevant technologies across the client's hybrid cloud environments, including existing security tools and investments, and cloud, on-premise, and operational technologies (OT).
- October 2023: McAfee Corp. launched a product lineup with AI-powered protection and new features to help consumers safeguard their privacy and identity online. McAfee’s portfolio of products includes innovative safety features, such as McAfee Next-gen Threat Protection and McAfee Scam Protection, that utilize advanced AI to combat the rise in AI threats and provide automated layers of security for consumers and their families.
Germany Cyber Security Market Leaders
-
IBM Corporation
-
Cisco Systems Inc
-
Dell Technologies Inc.
-
Fortinet Inc.
-
Intel Security (Intel Corporation)
*Disclaimer: Major Players sorted in no particular order
