Market Share of Portugal Cybersecurity Industry
The Portuguese cybersecurity market is moderately competitive, with the presence of a few key companies. The companies continuously invest in product developments and strategic partnerships to gain more market share. Some of the latest developments in the market are:
- July 2022 - Thales agreed to pay EUR 100 million to acquire OneWelcome, a European market leader in the fast-expanding customer identity and access management industry, as part of its cybersecurity development strategy. The industry's most complete identity platform will be offered by combining OneWelcome's powerful digital identity lifecycle management capabilities with Thales' current identity services (safe credential enrollment, issuance, and administration, Know Your Customer, etc.).
- June 2022 - NightDragon, an investment and advisory firm focused on the cybersecurity, safety, security, and private industry, declared a new strategic partnership with Orange Cyberdefense, a global leader in cybersecurity services, to bring innovative technologies and services to European organizations. The collaboration will allow NightDragon's portfolio companies to enter the European market and provide Orange customers with innovative technologies and services to stay protected against cyber threats.
Portugal Cybersecurity Market Leaders
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IBM Corporation
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Dell Technologies Inc.
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Fortinet Inc.
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AVG Technologies
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Cisco Systems Inc.
*Disclaimer: Major Players sorted in no particular order
