Security Advisory Services Market Outlook 2027 By Service Type, Size, Share, Trends, Technology, Growth Forecast
According to TechSci Research, Global security advisory services market is expected to grow at a significant CAGR during the forecast period. Growing requirement to enhance the responsiveness of business processes with no safety compromises is one of the key factors due to which the market is anticipated to rev up during the forecast years. Moreover, growing incidence of cyber espionage & increasing utilization of cyber security solutions in BFSI sector is expected to bolster the growth of market over the next few years.
The global security advisory services market is segmented based on service type, enterprise size, vertical, company, and region. Based on service type, the market can be categorized into penetration testing, vulnerability management, risk management strategy, incident response, compliances management, security program development & chief information security officer advisory and support. Out of which, the security program development & chief information security officer advisory and support segment dominated the market in 2021 and is expected to maintain its dominance during the forecast period as well as it helps organizations to form strategies and monitors the process for preventing cyber threat.
Based on end user industry, the market is fragmented into BFSI, IT and telecommunication, government and public sector, healthcare, energy and power, manufacturing & others and others. Among them, the BFSI segment is estimated to dominate the market through 2027 due to growing adoption of security advisory services in the end user industry.
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The major players operating in the security advisory services market are Cisco Systems, Inc., DXC Technologies Co., KPMG LLP, Deloitte Touche Tohmatsu Limited, PwC LLP, Tata Consultancy Services Limited, Ernst & Young LLP, Verizon Communications Inc., NTT Security Corp., and Others. The key market players are adopting some competitive strategies such as mergers & acquisitions, partnership, agreements in order to expand their geographic reach and to increase their customer basis.
- To analyze and estimate the market size of global security advisory services market from 2017 to 2020.
- To estimate and forecast the market size of global security advisory services market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast global security advisory services market based on service type, enterprise size, vertical, company and regional distribution.
- To identify dominant region or segment in the global security advisory services market.
- To identify drivers and challenges for global security advisory services market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global security advisory services market.
- To conduct pricing analysis for global security advisory services market.
- To identify and analyze the profile of leading players operating in global security advisory services market.
- To identify key sustainable strategies adopted by market players in global security advisory services market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the hospitals/clinics which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers and presence of all major players across the globe.
TechSci Research calculated the market size of global security advisory services market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Security advisory services service provider
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to security advisory services
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Attribute | Details |
Base Year | 2021 |
Historical Years | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027 |
Report Coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered | · Service Type · Enterprise Size · Vertical |
Regional Scope | North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa |
Country Scope | United States; Canada; Mexico; China; India; Japan; Malaysia; Thailand; Indonesia; Vietnam; South Korea; Germany; France; United Kingdom; Spain; Italy; Belgium; Russia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Egypt |
Key Companies Profiled | Cisco Systems, Inc., DXC Technologies Co., KPMG LLP, Deloitte Touche Tohmatsu Limited, PwC LLP, Tata Consultancy Services Limited, Ernst & Young LLP, Verizon Communications Inc., NTT Security Corp. |
Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope:
In this report, global security advisory services market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Global Security Advisory Services Market, By Service Type:
- Penetration Testing
- Vulnerability Management
- Risk Management Strategy
- Incident Response
- Compliances Management
- Security Program Development & Chief Information Security Officer Advisory and Support
- Global Security Advisory Services Market, By Enterprise Size:
- Large Enterprises
- SMEs
- Global Security Advisory Services Market, By Vertical:
- BFSI
- IT and Telecommunication
- Government and public sector
- Healthcare
- Energy and Power
- Manufacturing
- Others
- Global Security Advisory Services Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- South America
- Brazil
- Argentina
- Colombia
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global security advisory services market.
About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
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