Research and analysis
Cyber security sectoral analysis 2024
An analysis of the UK's cyber security industry, including figures on size, employment and revenue.
Documents
Details
This report contains information about the UK cyber security sector, including the number of businesses, the sector鈥檚 contribution to the UK economy, the number of people employed and the products and services offered by these firms.
Key findings
- The UK cyber security聽sector generated revenue of 拢11.9 billion, up 13% since last year
- There are 112 new cyber security firms, bringing the total to 2,091, up from 1,979 last year
- The sector employs 60,689 people (full time equivalents), up 5% since last year, an increase of 2,684 jobs.
The analysis builds upon several previous reports:
- the original聽UK Cyber Security Sectoral Analysis聽(published October 2018)
- 2020 UK Cyber Security Sectoral Analysis聽(published January 2020)
- 2021 UK Cyber Security Sectoral Analysis聽(published February 2021)
- 2022 UK Cyber Security Sectoral Analysis聽(published February 2022)
- 2023 UK Cyber Security Sectoral Analysis聽(published April 2023)
This research is part of聽the government鈥檚 拢2.6 billion National Cyber Strategy聽to protect and promote the UK online, develop the UK cyber ecosystem and foster growth in the cyber security sector.
Updates to this page
Published 15 May 2024