Wavestone UK and Swiss Cybersecurity Startups Surge Amid Market Challenges
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- •UK cybersecurity ecosystem includes 235 organizations, with 144 new startups in 2026.
- •Switzerland's cybersecurity landscape features 49 startups, emphasizing data protection and innovation.
- •Market access and funding are major challenges for UK startups, while Swiss firms focus on local clients.
In 2026, the UK identified 235 cybersecurity organizations, including 225 startups, with 144 new entrants. The UK market faces challenges in scaling up, with only 9 scale-ups and 1 unicorn. Meanwhile, Switzerland's ecosystem comprises 49 startups and scale-ups, with 23 newcomers. The Swiss market remains smaller but focuses on data protection and privacy-first solutions. Both ecosystems are leveraging AI, with 62% of UK startups using AI in their products. Market access and funding remain significant challenges for UK startups, while Swiss firms primarily target local and European clients. The UK shows a regional dispersion of startups, with 42% outside London, while Zurich leads in Switzerland.
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