Cybersecurity Services PEAK Matrix® Assessment 2024 – Europe
PEAK Matrix® Report

8 Oct 2024
by Kumar Avijit, Shivraj Borade, Arjun Chauhan, Prabhjyot Kaur, Shivam Naidu

Due to the region’s diverse cultural, linguistic, and regulatory landscape, European enterprises face unique cybersecurity demands, requiring customized solutions from providers. The region's data security and governance laws are rapidly tightening, especially with generative AI’s growing popularity. The AI Act and other regulations introduce new compliance requirements that European businesses must meet. On the other hand, cloud computing, IoT, and remote work have expanded the attack surface, increasing vulnerability to cyber threats. In response, providers are developing AI-driven threat detection, zero-trust frameworks, and SASE solutions. Autonomous security operations centers are also gaining traction to provide continuous monitoring and rapid threat response. To stay competitive, providers are upskilling their workforce and automating processes to address the skill gap in cybersecurity. As digital threats evolve, providers must prioritize adaptive security measures and remain flexible to thrive in Europe’s complex regulatory environment.

In this research, we assess 28 European cybersecurity providers, featured on the Cybersecurity Services PEAK Matrix® Assessment 2024. The assessment is based on Everest Group’s annual RFI process for the calendar year 2024, interactions with leading cybersecurity providers, client reference checks, and the cybersecurity services market’s ongoing analysis.

Scope

  • All-encompassing industries worldwide
  • Geography: Europe

Contents

In this report, we examine:

  • Cybersecurity Services PEAK Matrix® characteristics in Europe
  • Sourcing considerations for enterprises
  • Providers’ key strengths and limitations in Europe

Membership(s)

Cybersecurity

Sourcing and Vendor Management

 

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