in Defence / Security

DCMS publishes UK Cyber Security Sectoral Analysis and Deep-Dive Review

Posted 2 November 2018 · Add Comment

The Department for Digital, Culture, Media and Sport (DCMS) has this week released their UK Cyber Security Sectoral Analysis and Deep-Dive Review, published in collaboration with RSM and the Centre for Secure Information Technologies (CSIT).



Following Government’s commitments within the National Cyber Security Strategy 2016-2021 this study is intend to provide Government with an estimate of the size and scale of the UK Cyber Sector.

This detailed examination of the sector includes statistical analysis around the number of UK cyber security companies, the sector’s contribution to the UK economy (through revenue and GVA), the number of personnel employed in the sector, and the products and services offered by these firms. This review also explores the investment and funding available to the sector for growth and development, as well as support for training and development and labour supply. 

Key headlines include:

  • RSM estimate that there are currently 846 firms actively providing cyber security products or services in the UK.
  • RSM estimate that the cyber security sector’s total revenue in FY2015/16 was £5.7bn.
  • RSM estimate there are c. 31,300– 40,000 staff (FTE) employed in the UK cyber security sector. For transparency, this includes staff within firms providing cyber security products and services, but does not include CISOs, or support staff.
  • The majority of firms are active in providing Network Security, Information Risk Assessment & Management and Cyber Professional Services.
  • 89% of the firms are SMEs and collectively drive £1.5bn (26%) of the sector’s revenues. The larger firms (11%) earned £4.2bn (74%) in cyber security revenues in FY2015/16.
  • In the past five years (2012-17), the number of firms active in the sector has grown by over 50%, with over 100 new business registrations in the market within the past two years, representing a surge in new entrants to the market.


To access the full report please click here .

 

* required field

Post a comment

Other Stories
Advertisement
Latest News

Aurigny opts for OASES from Commsoft

Guernsey-based Aurigny Air Services Ltd has chosen OASES, Commsoft’s MRO IT system, to support its fleet of Embraer, ATR and Dornier aircraft.

NCA publishes Annual Plan 2019/20

Informed by its enhanced understanding of the evolving threat to the UK from Serious and Organised Crime (SOC), the National Crime Agency (NCA) last week published its Annual Plan for 2019/20, setting out its operational priorities for

Avinor reappoints Helios for operational support

Avinor Air Navigation Services, the biggest air navigation service provider in Norway, has reappointed Egis aviation, led by Helios, under a five-year framework contract for provision of consultancy and engineering services.

Global problems to be tackled by UK from space

A new UK space industry directory has been produced, showcasing the range of UK expertise in satellite technology and how it can help tackle problems such as illegal deforestation, disaster response and food production.

Airbond wins second coveted Queen’s Award

Airbond is celebrating securing the Queen’s Award for Innovation – the UK’s highest accolade for business success – for its new patented, splicing technology, making it the second Queen’s Award the company has achieved, having won

First ‘marsquake’ captured by UK sensors

The NASA InSight lander which is supported by the UK Space Agency has recorded its first candidate for a ‘marsquake’.

See us at
SMIFAVWS BT1302060619ARAS BT2802140519