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Network Security - Portugal

Portugal
  • The Network Security market in Portugal is expected to witness a significant growth in the coming years.
  • According to projections, the revenue in this market is estimated to reach US$*****m by ****.
  • Furthermore, the market is anticipated to display a steady annual growth rate of ****% (CAGR *********), resulting in a market volume of US$*****m by ****.
  • In terms of average Spend per Employee, the Network Security market in Portugal is projected to reach US$***** in ****.
  • This indicates a strong investment in this sector, highlighting the importance of network security for businesses operating in the country.
  • When compared globally, it is noteworthy that United States is expected to generate the highest revenue in the Network Security market, with an estimated amount of US$****bn in ****.
  • This signifies the dominant position of the United States in the global network security industry.
  • Considering these numbers and market insights, it is evident that the Network Security market in Portugal holds immense potential for growth and development.
  • Portugal's network security market is experiencing a surge in demand due to increased cyber threats targeting the country's growing digital infrastructure.

Revenue

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Jun 2025

Source: Statista Market Insights

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Jun 2025

Source: Statista Market Insights

Key Players

Most recent update: Dec 2024

Source: Statista Market Insights

Global Comparison

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Jun 2025

Sources: Statista Market Insights, Financial Statements of Key Players, National Cyber Security Organizations

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.

Technology

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Key Market Indicators

Notes: Based on data from IMF, World Bank, UN and Eurostat

Most recent update: Jan 2025

Source: Statista Market Insights

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