Cyber security sectoral analysis 2024
An analysis of the UK's cyber security industry, including figures on size, employment and revenue.
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Details
This report contains information about the UK cyber security sector, including the number of businesses, the sector’s 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 sector generated revenue of £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 UK Cyber Security Sectoral Analysis (published October 2018)
- 2020 UK Cyber Security Sectoral Analysis (published January 2020)
- 2021 UK Cyber Security Sectoral Analysis (published February 2021)
- 2022 UK Cyber Security Sectoral Analysis (published February 2022)
- 2023 UK Cyber Security Sectoral Analysis (published April 2023)
This research is part of the government’s £2.6 billion National Cyber Strategy to protect and promote the UK online, develop the UK cyber ecosystem and foster growth in the cyber security sector.