Market Share of Hungary Cybersecurity Industry
The Hungary cybersecurity market is moderately consolidated, with the presence of a few major companies. The companies are continuously investing in making strategic partnerships and product developments to gain more market share. Some of the recent developments in the market are:
- October 2022: The EU Cyber Resilience Act was the first EU-wide law to place cybersecurity requirements on manufacturers. Manufacturers and developers will be held accountable for the security of connected devices under this rule, which will apply to hardware and software. According to the European Commission, the regulation will address two problems: the low degree of cybersecurity of many of these gadgets and, more crucially, the fact that many manufacturers do not give updates to address vulnerabilities across European regions.
Hungary Cybersecurity Market Leaders
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Seon. fraud fighters
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Hackrate
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Avatao
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IBM Corporation
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Oracle Corporation
*Disclaimer: Major Players sorted in no particular order
