Cybersecurity market to grow to PLN 2.5bn in 2024
PMR has published its latest report containing data and forecasts on the cybersecurity market in Poland. According to preliminary data, the value of the market in 2022 will see a 14% increase to over PLN 2.1bn. The revenues of the broadly understood industry, however, are as high as PLN 10bn.
Cyber ecosystem worth as much as PLN 10bn
We define the cybersecurity market narrowly as business network security devices (mainly UTM and NGFW), applications (from the most basic anti-virus soulutions to firewalls, anti-spam/spyware, IDS/IPS, DLP, anti-ATP, anti-DDoS, among others, and complex SIEM systems) and services (auditing, pentesting, consulting, managed services, SOC). The value of such defined market already stands at clearly over PLN 2bn, and in the next two years it will reach PLN 2.5bn.
A broader definition encompassing the entire ecosystem, including in particular the cloud solutions market, is also possible. PMR research confirms that, in the opinion of recipients, one of the most important advantages of the cloud is precisely the improved security of a company’s processed data. Migration to the cloud is part of the cybersecurity strategy. The same is true for backup and data centre services, the main focus of which is security and protection against data loss. If cloud computing, the data centre services market, backup, hosting and other areas such as physical security, backup power supply and digital forensics were added to the value of the cybersecurity market, the market value would go up to PLN 10bn.
Value (PLN bn) and change (%) of the cybersecurity market in Poland, 2018-2022 and 2024
| 2018 | 2019 | 2020 | 2021 | 2022 | 2024f | |
|---|---|---|---|---|---|---|
| Value | 1,14 | 1,56 | 1,65 | 1,84 | 2,1 | 2,52 |
| Change | 15,4% | 11,3% | 6,2% | 11,7% | 13,9% | 8% |
Source: PMR, 2022
Find comprehensive information about the current state of the Polish cybersecurity market in the PMR report:
War in Ukraine affects the threat level
The level of online threat has been increasing over the last few years. CERT Polska handled three times more incidents in 2021 than in 2020. There has been a six-fold increase in the number of ransomware attacks on Polish companies. In contrast, the percentage of companies that did not experience a cyberattack fell from 46% in 2019 to 31% in 2021.
In 2022, cybersecurity is negatively affected by the war in Ukraine. Moreover, the cyberwarfare extends beyond the parties directly involved in the military conflict. An example is the Russian hacking group Killnet, which openly admits to cyberattacks on countries providing support to Ukraine. The research confirms that most companies have increased their cybersecurity since the outbreak of the conflict. PMR studies show that cybersecurity is now one of priority activities in large companies in Poland.
The situation is similar for ordinary internet users: most Poles feel more threatened online due to the war. Misinformation is also a problem requiring careful scrutiny of online information sources.
Regulations have a significant impact on the market
Following approval by the European Parliament in November 2022, the European Council decided to implement the EU’s NIS 2 Directive, which is a revision of the existing NIS. In Poland, it is directly implemented under the National Cybersecurity System Act. Member states will have 21 months to adapt their national legislation to the new requirements, which in practice means that this will happen by the end of 2024.
The aim of the directive is to harmonise cybersecurity requirements and implement measures to increase protection across EU countries. The new law tightens cybersecurity regulations for medium-sized and large companies in the energy, financial, transport, medical and digital providers sectors. It also unifies the regulatory environment between the member states, which hitherto had greater autonomy in this area. Companies are required to assess cybersecurity risks. Non-compliance will be punishable by a fine of up to 2% of revenue.
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ICT Business Unit Director