Report Detail

The global security advisory services market accounted for US$ 8.85 Bn in 2018 and is expected to grow at a CAGR of 17.7% over the forecast period 2019-2027, to account for US$ 37.86 Bn by 2027. North America leads the security advisory services market by region. North America region is characterized by the presence of well-developed countries such as the US and Canada, strong industry base, and high technology adoption. Due to high level of industry automation and prevalence of digital services among customers, the enterprises in this region are facing a huge risk from cyber-attacks and data breaches. In addition to this, the rising adoption of technologies such as cloud computing, internet of things (IoT), predictive analytics, and artificial intelligence in diverse industry verticals such as BFSI, healthcare, IT, telecom, manufacturing, and government is further increasing the vulnerability of systems and networks towards cyber-attacks and other security threats. The presence of fast growing countries, rising technology adoption, increasing number of connected devices, and digital transformation of processes & services are some of the major factors that are expected to drive the growth of security advisory services market in the APAC region. Other developing regions such as MEA and SAM are also projected to grow at a steady pace, owing to the increasing government initiatives to digitalize the economy with adoption of advanced technologies.

The organizations in the North America region are investing heavily for the security of their networks. Also, they are providing training to their employees to manage the digital workplace safely. The major reason for huge investment in the cyber security is the widespread cybercrime not only in IT, telecom, and BFSI, but also among small, medium and large enterprises. Further, rising cybersecurity breaches in North America creates an opportunity for security advisory service providers to introduce their services to the organizations to handle security challenges. Due to the lack of cybersecurity knowledge, security experts are unable to handle the huge volume of daily insights, which leaves companies exposed to security threats. The security advisory services help the Security Operations Center to deliver actionable feedback to the security analysts, which intern enables an analyst to focus on crucial elements of the investigation with utmost efficiency. As cybercrime is becoming more organized, it is imperative to adopt efficient security advisory services, which help mitigate security risk and threats. Thus, need for maintenance of crucial data and increasing frequency of cyber-attacks are the factors driving the growth of the security advisory services market.

The market for security advisory services has been segmented on the basis of service type, enterprise size, industry vertical, and geography. Based on service type, the security advisory services market has been segmented into penetration testing, security program management, vulnerability management, incident response, compliance management, CISO advisory and support, and security risk management. Based on enterprise size, the security advisory services market has been segmented into large enterprises and small and medium-sized enterprises (SMEs). The security advisory services market is further segmented on the basis of industry vertical into BFSI, government and public sector, IT and telecom, healthcare, energy and power, manufacturing, and others. Geographically, the security advisory services market is fragmented into five regions, including North America, Europe, Asia-Pacific, Middle East & Africa, and South America.

The well-established market players operating in the security advisory services market Deloitte Touche Tohmatsu Limited, Ernst & Young Global Limited, PricewaterhouseCoopers LLP, KPMG International Cooperative, and DXC Technology Company, Verizon, Cisco, Tata Consultancy Services Limited, eSentire, Inc., and Dimension Data among others.

The overall global security advisory services market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the global security advisory services market. It also provides an overview and forecast for the security advisory services market based on all the segmentation provided for the global region. Also, primary interviews were conducted with industry participants and commentators to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the security advisory services industry.


TABLE OF CONTENTS

    1. Introduction

    • 1.1 Scope of the Study
    • 1.2 The Insight Partners Research Report Guidance
    • 1.3 Market Segmentation
      • 1.3.1 Global Security Advisory services Market - By Service Type
      • 1.3.2 Global Security Advisory Services Market - By Enterprise Size
      • 1.3.3 Global Security Advisory Services Market - By Industry Vertical
      • 1.3.4 Global Security Advisory Services Market - By Geography

    2. Research Methodology

    • 2.1 Coverage
    • 2.2 Secondary Research
    • 2.3 Primary Research

    3. Key Takeaways

      4. Security Advisory Services Market - Key Industry Dynamics

      • 4.1 Drivers
        • 4.1.1 Growing frequency and complexity of cyber-attacks to drive the demand
        • 4.1.2 Digital transformation among businesses to boost the growth of security advisory services
        • 4.1.3 Stringent cyber security regulations and compliances
      • 4.2 Restraints
        • 4.2.1 Lack of awareness about advanced security threats and shortage of cyber security experts
      • 4.3 Opportunities
        • 4.3.1 Increasing importance of information security among small and medium-sized enterprises
      • 4.4 Future Trends
        • 4.4.1 Rising adoption of cloud-based solutions & services will drive the future demand
      • 4.5 Impact Analysis of Drivers and Restraints

      5. Security Advisory Services Market Landscape

      • 5.1 Market Overview
      • 5.2 PEST Analysis
        • 5.2.1 North America PEST Analysis
        • 5.2.2 Europe PEST Analysis
        • 5.2.3 APAC PEST Analysis
        • 5.2.4 Middle East & Africa PEST Analysis
        • 5.2.5 South America PEST Analysis
      • 5.3 Ecosystem Analysis
      • 5.4 Expert Opinions

      6. Security Advisory Services Market - Global Market Analysis

      • 6.1 Overview
      • 6.2 Global Security Advisory Services Market Revenue and Forecast To 2027 (US$ Mn)
      • 6.3 Market Positioning - Global Key Players

      7. Security Advisory Services Market Analysis- By Service Type

      • 7.1 Overview
      • 7.2 Global Security Advisory Services Market Breakdown, By Service Type, 2018 & 2027
      • 7.3 CISO Advisory and Support
        • 7.3.1 Overview
        • 7.3.2 CISO Advisory and Support Market Revenue and Forecast to 2027 (US$ Mn)
      • 7.4 Compliance Management
        • 7.4.1 Overview
        • 7.4.2 Compliance Management Market Revenue and Forecast to 2027 (US$ Mn)
      • 7.5 Incident Response
        • 7.5.1 Overview
        • 7.5.2 Incident Response Market Revenue and Forecast to 2027 (US$ Mn)
      • 7.6 Penetration Testing
        • 7.6.1 Overview
        • 7.6.2 Penetration Testing Market Revenue and Forecast to 2027 (US$ Mn)
      • 7.7 Security Risk Management
        • 7.7.1 Overview
        • 7.7.2 Security Risk Management Market Revenue and Forecast to 2027 (US$ Mn)
      • 7.8 Vulnerability Management
        • 7.8.1 Overview
        • 7.8.2 Vulnerability Management Market Revenue and Forecast to 2027 (US$ Mn)
      • 7.9 Security Program Management
        • 7.9.1 Overview
        • 7.9.2 Security Program Management Market Revenue and Forecast to 2027 (US$ Mn)

      8. Security Advisory Services Market Analysis- By Enterprise Size

      • 8.1 Overview
      • 8.2 Global Security Advisory Services Market Breakdown, By Enterprise Size, 2018 & 2027
      • 8.3 Large Enterprises
        • 8.3.1 Overview
        • 8.3.2 Large Enterprises Market Revenue and Forecast to 2027 (US$ Mn)
      • 8.4 SMEs
        • 8.4.1 Overview
        • 8.4.2 SMEs Market Revenue and Forecast to 2027 (US$ Mn)

      9. Security Advisory Services Market Analysis- By Industry Vertical

      • 9.1 Overview
      • 9.2 Global Security Advisory Services Market Breakdown, By Industry Vertical, 2018 & 2027
      • 9.3 BFSI
        • 9.3.1 Overview
        • 9.3.2 BFSI Market Revenue and Forecast to 2027 (US$ Mn)
      • 9.4 Government & Public Sector
        • 9.4.1 Overview
        • 9.4.2 Government & Public Sector Market Revenue and Forecast to 2027 (US$ Mn)
      • 9.5 Manufacturing
        • 9.5.1 Overview
        • 9.5.2 Manufacturing Market Revenue and Forecast to 2027 (US$ Mn)
      • 9.6 IT & Telecom
        • 9.6.1 Overview
        • 9.6.2 IT & Telecom Market Revenue and Forecast to 2027 (US$ Mn)
      • 9.7 Energy & Power
        • 9.7.1 Overview
        • 9.7.2 Energy & Power Market Revenue and Forecast to 2027 (US$ Mn)
      • 9.8 Healthcare
        • 9.8.1 Overview
        • 9.8.2 Healthcare Market Revenue and Forecast to 2027 (US$ Mn)
      • 9.9 Others
        • 9.9.1 Overview
        • 9.9.2 Others Market Revenue and Forecast to 2027 (US$ Mn)

      10. Global Security Advisory Services Market - Geographic Analysis

      • 10.1 Overview
      • 10.2 North America Security Advisory Services Market Revenue and Forecast to 2027
        • 10.2.1 Overview
        • 10.2.2 North America Security Advisory Services Market Revenue and Forecast to 2027 (US$ Mn)
        • 10.2.3 North America Security Advisory Services Market Breakdown, by Service Type
        • 10.2.4 North America Security Advisory Services Market Breakdown, by Enterprise Size
        • 10.2.5 North America Security Advisory Services Market Breakdown, by Industry Vertical
        • 10.2.6 North America Security Advisory Services Market Breakdown, by Country
          • 10.2.6.1 US Security Advisory Services Market, Revenue and Forecast to 2027
          • 10.2.6.1.1 US Security Advisory Services Market Breakdown, by Service Type
          • 10.2.6.1.2 US Security Advisory Services Market Breakdown, by Enterprise Size
          • 10.2.6.1.3 US Security Advisory Services Market Breakdown, by Industry Vertical
          • 10.2.6.2 Canada Security Advisory Services Market, Revenue and Forecast to 2027
          • 10.2.6.2.1 Canada Security Advisory Services Market Breakdown, by Service Type
          • 10.2.6.2.2 Canada Security Advisory Services Market Breakdown, by Enterprise Size
          • 10.2.6.2.3 Canada Security Advisory Services Market Breakdown, by Industry Vertical
          • 10.2.6.3 Mexico Security Advisory Services Market, Revenue and Forecast to 2027
          • 10.2.6.3.1 Mexico Security Advisory Services Market Breakdown, by Service Type
          • 10.2.6.3.2 Mexico Security Advisory Services Market Breakdown, by Enterprise Size
          • 10.2.6.3.3 Mexico Security Advisory Services Market Breakdown, by Industry Vertical
          • 10.3 Europe Security Advisory Services Market, Revenue and Forecast to 2027
            • 10.3.1 Overview
            • 10.3.2 Europe Security Advisory Services Market, Revenue and Forecast to 2027 (US$ Mn)
            • 10.3.3 Europe Security Advisory Services Market Breakdown, by Service Type
            • 10.3.4 Europe Security Advisory Services Market Breakdown, by Enterprise Size
            • 10.3.5 Europe Security Advisory Services Market Breakdown, by Industry Vertical
            • 10.3.6 Europe Security Advisory Services Market Breakdown, by Country
              • 10.3.6.1 UK Security Advisory Services Market, Revenue and Forecast to 2027
              • 10.3.6.1.1 UK Security Advisory Services Market Breakdown, by Service Type
              • 10.3.6.1.2 UK Security Advisory Services Market Breakdown, by Enterprise Size
              • 10.3.6.1.3 UK Security Advisory Services Market Breakdown, by Industry Vertical
              • 10.3.6.2 Germany Security Advisory Services Market, Revenue and Forecast to 2027
              • 10.3.6.2.1 Germany Security Advisory Services Market Breakdown, by Service Type
              • 10.3.6.2.2 Germany Security Advisory Services Market Breakdown, by Enterprise Size
              • 10.3.6.2.3 Germany Security Advisory Services Market Breakdown, by Industry Vertical
              • 10.3.6.3 France Security Advisory Services Market, Revenue and Forecast to 2027
              • 10.3.6.3.1 France Security Advisory Services Market Breakdown, by Service Type
              • 10.3.6.3.2 France Security Advisory Services Market Breakdown, by Enterprise Size
              • 10.3.6.3.3 France Security Advisory Services Market Breakdown, by Industry Vertical
              • 10.3.6.4 Russia Security Advisory Services Market, Revenue and Forecast to 2027
              • 10.3.6.4.1 Russia Security Advisory Services Market Breakdown, by Service Type
              • 10.3.6.4.2 Russia Security Advisory Services Market Breakdown, by Enterprise Size
              • 10.3.6.4.3 Russia Security Advisory Services Market Breakdown, by Industry Vertical
              • 10.3.6.5 Italy Security Advisory Services Market, Revenue and Forecast to 2027
              • 10.3.6.5.1 Italy Security Advisory Services Market Breakdown, by Service Type
              • 10.3.6.5.2 Italy Security Advisory Services Market Breakdown, by Enterprise Size
              • 10.3.6.5.3 Italy Security Advisory Services Market Breakdown, by Industry Vertical
              • 10.3.6.6 Rest of Europe Security Advisory Services Market, Revenue and Forecast to 2027
              • 10.3.6.6.1 Rest of Europe Security Advisory Services Market Breakdown, by Service Type
              • 10.3.6.6.2 Rest of Europe Security Advisory Services Market Breakdown, by Enterprise Size
              • 10.3.6.6.3 Rest of Europe Security Advisory Services Market Breakdown, by Industry Vertical
              • 10.4 APAC Security Advisory Services Market, Revenue and Forecast to 2027
                • 10.4.1 Overview
                • 10.4.2 APAC Security Advisory Services Market, Revenue and Forecast To 2027 (US$ Mn)
                • 10.4.3 APAC Security Advisory Services Market Breakdown, by Service Type
                • 10.4.4 APAC Security Advisory Services Market Breakdown, by Enterprise Size
                • 10.4.5 APAC Security Advisory Services Market Breakdown, by Industry Vertical
                • 10.4.6 APAC Security Advisory Services Market Breakdown, by Country
                  • 10.4.6.1 China Security Advisory Services Market, Revenue and Forecast to 2027 (US$ Mn)
                  • 10.4.6.1.1 China Security Advisory Services Market Breakdown, by Service Type
                  • 10.4.6.1.2 China Security Advisory Services Market Breakdown, by Enterprise Size
                  • 10.4.6.1.3 China Security Advisory Services Market Breakdown, by Industry Vertical
                  • 10.4.6.2 Japan Security Advisory Services Market, Revenue and Forecast To 2027 (US$ Mn)
                  • 10.4.6.2.1 Japan Security Advisory Services Market Breakdown, by Service Type
                  • 10.4.6.2.2 Japan Security Advisory Services Market Breakdown, by Enterprise Size
                  • 10.4.6.2.3 Japan Security Advisory Services Market Breakdown, by Industry Vertical
                  • 10.4.6.3 India Security Advisory Services Market, Revenue and Forecast To 2027 (US$ Mn)
                  • 10.4.6.3.1 India Security Advisory Services Market Breakdown, by Service Type
                  • 10.4.6.3.2 India Security Advisory Services Market Breakdown, by Enterprise Size
                  • 10.4.6.3.3 India Security Advisory Services Market Breakdown, by Industry Vertical
                  • 10.4.6.4 Australia Security Advisory Services Market, Revenue and Forecast To 2027 (US$ Mn)
                  • 10.4.6.4.1 Australia Security Advisory Services Market Breakdown, by Service Type
                  • 10.4.6.4.2 Australia Security Advisory Services Market Breakdown, by Enterprise Size
                  • 10.4.6.4.3 Australia Security Advisory Services Market Breakdown, by Industry Vertical
                  • 10.4.6.5 South Korea Security Advisory Services Market, Revenue and Forecast To 2027 (US$ Mn)
                  • 10.4.6.5.1 South Korea Security Advisory Services Market Breakdown, by Service Type
                  • 10.4.6.5.2 South Korea Security Advisory Services Market Breakdown, by Enterprise Size
                  • 10.4.6.5.3 South Korea Security Advisory Services Market Breakdown, by Industry Vertical
                  • 10.4.6.6 Rest of APAC Security Advisory Services Market, Revenue and Forecast To 2027 (US$ Mn)
                  • 10.4.6.6.1 Rest of APAC Security Advisory Services Market Breakdown, by Service Type
                  • 10.4.6.6.2 Rest of APAC Security Advisory Services Market Breakdown, by Enterprise Size
                  • 10.4.6.6.3 Rest of APAC Security Advisory Services Market Breakdown, by Industry Vertical
                  • 10.5 MEA Security Advisory Services Market, Revenue and Forecast to 2027
                    • 10.5.1 Overview
                    • 10.5.2 MEA Security Advisory Services Market, Revenue and Forecast to 2027 (US$ Mn)
                    • 10.5.3 MEA Security Advisory Services Market Breakdown, by Service Type
                    • 10.5.4 MEA Security Advisory Services Market Breakdown, by Enterprise Size
                    • 10.5.5 MEA Security Advisory Services Market Breakdown, by Industry Vertical
                    • 10.5.6 MEA Security Advisory Services Market Breakdown, by Country
                      • 10.5.6.1 UAE Security Advisory Services Market, Revenue and Forecast To 2027 (US$ Mn)
                      • 10.5.6.1.1 UAE Security Advisory Services Market Breakdown, by Service Type
                      • 10.5.6.1.2 UAE Security Advisory Services Market Breakdown, by Enterprise Size
                      • 10.5.6.1.3 UAE Security Advisory Services Market Breakdown, by Industry Vertical
                      • 10.5.6.2 Saudi Arabia Security Advisory Services Market, Revenue and Forecast To 2027 (US$ Mn)
                      • 10.5.6.2.1 Saudi Arabia Security Advisory Services Market Breakdown, by Service Type
                      • 10.5.6.2.2 Saudi Arabia Security Advisory Services Market Breakdown, by Enterprise Size
                      • 10.5.6.2.3 Saudi Arabia Security Advisory Services Market Breakdown, by Industry Vertical
                      • 10.5.6.3 South Africa Security Advisory Services Market, Revenue and Forecast To 2027 (US$ Mn)
                      • 10.5.6.3.1 South Africa Security Advisory Services Market Breakdown, by Service Type
                      • 10.5.6.3.2 South Africa Security Advisory Services Market Breakdown, by Enterprise Size
                      • 10.5.6.3.3 South Africa Security Advisory Services Market Breakdown, by Industry Vertical
                      • 10.5.6.4 Rest of MEA Security Advisory Services Market, Revenue and Forecast To 2027 (US$ Mn)
                      • 10.5.6.4.1 Rest of MEA Security Advisory Services Market Breakdown, by Service Type
                      • 10.5.6.4.2 Rest of MEA Security Advisory Services Market Breakdown, by Enterprise Size
                      • 10.5.6.4.3 Rest of MEA Security Advisory Services Market Breakdown, by Industry Vertical
                      • 10.6 SAM Security Advisory Services Market, Revenue and Forecast to 2027
                        • 10.6.1 Overview
                        • 10.6.2 SAM Security Advisory Services Market, Revenue and Forecast to 2027 (US$ Mn)
                        • 10.6.3 SAM Security Advisory Services Market Breakdown, by Service Type
                        • 10.6.4 SAM Security Advisory Services Market Breakdown, by Enterprise Size
                        • 10.6.5 SAM Security Advisory Services Market Breakdown, by Industry Vertical
                        • 10.6.6 SAM Security Advisory Services Market Breakdown, by Country
                          • 10.6.6.1 Brazil Security Advisory Services Market, Revenue and Forecast to 2027
                          • 10.6.6.1.1 Brazil Security Advisory Services Market Breakdown, by Service Type
                          • 10.6.6.1.2 Brazil Security Advisory Services Market Breakdown, by Enterprise Size
                          • 10.6.6.1.3 Brazil Security Advisory Services Market Breakdown, by Industry Vertical
                          • 10.6.6.2 Argentina Security Advisory Services Market, Revenue and Forecast to 2027
                          • 10.6.6.2.1 Argentina Security Advisory Services Market Breakdown, by Service Type
                          • 10.6.6.2.2 Argentina Security Advisory Services Market Breakdown, by Enterprise Size
                          • 10.6.6.2.3 Argentina Security Advisory Services Market Breakdown, by Industry Vertical
                          • 10.6.6.3 Rest of SAM Security Advisory Services Market, Revenue and Forecast to 2027
                          • 10.6.6.3.1 Rest of SAM Security Advisory Services Market Breakdown, by Service Type
                          • 10.6.6.3.2 Rest of SAM Security Advisory Services Market Breakdown, by Enterprise Size
                          • 10.6.6.3.3 Rest of SAM Security Advisory Services Market Breakdown, by Industry Vertical

                          11. Security Advisory Services Market-Industry Landscape

                          • 11.1 Overview
                          • 11.2 Market Initiative
                          • 11.3 Merger and Acquisition
                          • 11.4 New Development

                          12. Company Profiles

                          • 12.1 Cisco Systems, Inc.
                            • 12.1.1 Key Facts
                            • 12.1.2 Business Description
                            • 12.1.3 Products and Services
                            • 12.1.4 Financial Overview
                            • 12.1.5 SWOT Analysis
                            • 12.1.6 Key Developments
                          • 12.2 PricewaterhouseCoopers International Limited (PWC)
                            • 12.2.1 Key Facts
                            • 12.2.2 Business Description
                            • 12.2.3 Products and Services
                            • 12.2.4 Financial Overview
                            • 12.2.5 SWOT Analysis
                            • 12.2.6 Key Developments
                          • 12.3 DXC Technology Company
                            • 12.3.1 Key Facts
                            • 12.3.2 Business Description
                            • 12.3.3 Products and Services
                            • 12.3.4 Financial Overview
                            • 12.3.5 SWOT Analysis
                            • 12.3.6 Key Developments
                          • 12.4 Tata Consultancy Services Limited
                            • 12.4.1 Key Facts
                            • 12.4.2 Business Description
                            • 12.4.3 Products and Services
                            • 12.4.4 Financial Overview
                            • 12.4.5 SWOT Analysis
                            • 12.4.6 Key Developments
                          • 12.5 Verizon
                            • 12.5.1 Key Facts
                            • 12.5.2 Business Description
                            • 12.5.3 Products and Services
                            • 12.5.4 Financial Overview
                            • 12.5.5 SWOT Analysis
                            • 12.5.6 Key Developments
                          • 12.6 Deloitte Touche Tohmatsu Limited
                            • 12.6.1 Key Facts
                            • 12.6.2 Business Description
                            • 12.6.3 Products and Services
                            • 12.6.4 Financial Overview
                            • 12.6.5 SWOT Analysis
                            • 12.6.6 Key Developments
                          • 12.7 KPMG International Cooperative
                            • 12.7.1 Key Facts
                            • 12.7.2 Business Description
                            • 12.7.3 Products and Services
                            • 12.7.4 Financial Overview
                            • 12.7.5 SWOT Analysis
                            • 12.7.6 Key Developments
                          • 12.8 Ernst & Young Ltd
                            • 12.8.1 Key Facts
                            • 12.8.2 Business Description
                            • 12.8.3 Products and Services
                            • 12.8.4 Financial Overview
                            • 12.8.5 SWOT Analysis
                            • 12.8.6 Key Developments
                          • 12.9 eSentire, Inc.
                            • 12.9.1 Key Facts
                            • 12.9.2 Business Description
                            • 12.9.3 Products and Services
                            • 12.9.4 Financial Overview
                            • 12.9.5 SWOT Analysis
                            • 12.9.6 Key Developments
                          • 12.10 Dimension Data Holdings PLC (NTT Group)
                            • 12.10.1 Key Facts
                            • 12.10.2 Business Description
                            • 12.10.3 Products and Services
                            • 12.10.4 Financial Overview
                            • 12.10.5 SWOT Analysis
                            • 12.10.6 Key Developments

                          13. Appendix

                          • 13.1 About The Insight Partners

      Summary:
      Get latest Market Research Reports on Security Advisory Services . Industry analysis & Market Report on Security Advisory Services is a syndicated market report, published as Security Advisory Services Market to 2027 - Global Analysis and Forecasts By Service Type (Penetration Testing, Security Program Management, Vulnerability Management, Incident Response, Compliance Management, CISO Advisory and Support, Security Risk Management); Enterprise Size (SMEs, Large Enterprises); Industry Vertical (IT and Telecom, Healthcare, Energy and Power, Manufacturing, BFSI, Government and Public Sector, Others). It is complete Research Study and Industry Analysis of Security Advisory Services market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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