Research and analysis

Cyber security sectoral analysis 2024

An analysis of the UK's cyber security industry, including figures on size, employment and revenue.

From:
Department for Science, Innovation and Technology and Viscount Camrose
Published
15 May 2024

Documents

Cyber security sectoral analysis 2024

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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:

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.

Published 15 May 2024