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- Tech
Ukraine Leading in Cybersecurity Resilience
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- 3 min
The Ukrainian cybersecurity market has quadrupled over the past eight years, reaching $138 million in 2024. According to forecasts, it will grow by another 50% over the next five years to reach $209 million.
The key segment of the Ukrainian cybersecurity market is network security. The fastest-growing areas are cloud security, data protection, and endpoint security, reflecting the increasing demand for new technologies and solutions in Ukraine.
The study of the cybersecurity market in Ukraine, released earlier in 2025, analyzes key trends, segments, and innovative solutions within the industry against the backdrop of russia's full-scale cyber warfare. The document provides an analysis of key technologies transforming and reshaping the country's cybersecurity market.
The research was conducted using a comprehensive approach, including secondary data analysis, expert interviews and surveys of market stakeholders, confidential analytics, and open data. It will serve as a useful tool for businesses, governmental institutions, international organizations, and global tech support projects in making decisions aimed at strengthening the cybersecurity market in Ukraine.
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The study was carried out by DataDriven Research & Consulting, initiated by the EBA Cybersecurity Subcommittee and the CyberTech Committee of the IT Ukraine Association with the support of the Aspen Institute Kyiv which implements the ‘Cybersecurity Dialogue’ Program, and the USAID Cybersecurity Activity.
According to this study, russia's full-scale war has caused a surge in cyberattacks in Ukraine, increasing demand for automated solutions and innovative technologies. In Ukraine, persistent cyberattacks by russian hacker groups, such as UAC-0010 predominantly target government institutions, the defense industry, telecommunications, financial institutions, and the energy sector. In 2023, 2,544 cyber incidents were recorded, a 16% increase compared to 2022.
The importance of cybersecurity is growing alongside technological progress. The countries facing the highest number of cyberattacks globally include the United States, Ukraine, South Korea, and China. The most common types of cyberattacks are DDoS, ransomware, and phishing.
The global cybersecurity market value reached approximately $186 billion by 2024 with Ukraine's share at less than 1 percent. However, Ukraine is a trendsetter in the cybersecurity market, outperforming other countries in cyber expertise due to its work in the R&D segment, particularly in developing innovative solutions. While the global cybersecurity market is dominated by security services, having accounted for 53% in 2024, the Ukrainian market is led by cybersecurity solutions, making up 57%. Ukraine's leadership is driven by military factors, as the ongoing war has increased the number and complexity of cyberattacks on Ukraine. This has resulted in the rapid adoption of automated systems requiring less human intervention and the pursuit of immediate and unconventional solutions.
The main drivers of the market in Ukraine are digitalization and the growing risk of tangible losses from cyberattacks. Other drivers of market growth include:
- Widespread adoption of digital solutions in business and the public sector.
- Ongoing russian attacks on critical infrastructure, businesses, and government services.
- Increasing financial and reputational damage from cyberattacks.
- Growing use of artificial intelligence.
- Market stimulation through international technical assistance projects and programs.
Innovations, such as the use of artificial intelligence to automate response and blockchain to protect data transfers, are shaping new approaches to security. The study identifies key trends in the cybersecurity market: network security will remain the largest segment, accounting for 36% by 2029, while cloud security will show the most dynamic growth.
The news was prepared by the IT Association of Ukraine
