Global Security Advisory Services Market, Top key players are PWC,EY,Deloitte,KPMG,Kudelski Security,Coalfire,Cyberisk,Delta Risk,Esentire,Novacoast,TCS,Security Compass

Global Security Advisory Services Market Report, History and Forecast 2013-2025, Breakdown Data by Companies, Key Regions, Types and Application

The security advisory services market size is expected to grow from USD 5.77 billion in 2017 to USD 13.57 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 18.7%. The security advisory services market is driven by factors, such as the rise in security breaches and increased sophistication level of cyber-attacks, and strong regulations and compliance requirements. However, high deployment cost of security advisory services is still a concern in front of the organizations. Furthermore, lack of end-user knowledge about advanced threats is the biggest challenge for organizations.

The incident response service type is expected to have the highest CAGR during the forecast period. Incident response refers to a set of abilities to respond to an attack or a security breach before or after it has occurred. The various incident response service types include incident response readiness assessment, incident record management and forensics, user behavior analytics, remediation and recovery, and containment. The occurrence of security breach across any region requires instant response. Thus, the demand for incident response services to handle the security breaches is said to be gaining pace in the security advisory services market.

The public sector and government organizations are involved with data and information that are of critical nature. There has been a strong adoption of advanced technologies in the government and public sector in the recent years. The applications used in the government and public sector are becoming the prime targets for cybercriminals to access the sensitive data. Therefore, the government and public sector vertical is said to be increasingly adopting security advisory services and is expected to grow at the highest CAGR during the forecast period.

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Some of the key players operating in this market include: PWC,EY,Deloitte,KPMG,Kudelski Security,Coalfire,Cyberisk,Delta Risk,Esentire,Novacoast,TCS,Security Compass

The Global Security Advisory Services Market is classified on the basis of Service Type, Vertical, Organization Size, and Region. The gist of breaking down the market into various segments is to gather information about various aspects of the market. On the basis of Service Type, the market is bifurcated on the basis of Penetration Testing, Vulnerability Management, Incident Response, Compliance Management, Risk Management Strategy, and CISO Advisory and Support. The CISO Advisory and Support is expected to be dominating in the market.

In terms of Organization Size, the market study encompasses various aspects such as Small and Medium-Sized Enterprises (SMEs) products and Large Enterprises. The growing adoption rate of security advisory services is boosting the growth of large enterprises in the global market. These services are of great importance for the enterprises as along with safety measure it also makes sure that the company is following standardized guidelines.

On the basis of Vertical, the Global Security Advisory Services Market has been segmented into BFSI, IT & Telecommunication, Government & Public Sector, Healthcare, Energy & Power, Manufacturing and Others. The market size of security advisory services in the Banking, Financial Services, and Insurance (BFSI) is expected to be the largest owing to various applications required in the industry such as fraud detection, prevention of data loss or theft as well as the overall maintenance of the integrity of the system.

The awareness of cyber risks and security breaches has increased the scope of security advisory services in the U.S. as various companies are coming together to adopt such services which can provide the information and guidelines to protect their company from threats and improve the business agility. This suggests that the scope of Security Advisory Services is expected to be the largest in the North America region.

TABLE OF CONTENT:

1 Industry Overview of Security Advisory Services

2 Global Security Advisory Services Competition Analysis by Players

3 Company (Top Players) Profiles

4 Global Security Advisory Services Market Size by Type and Application (2013-2018)

5 North America Security Advisory Services Development Status and Outlook

6 Europe Security Advisory Services Development Status and Outlook

7 China Security Advisory Services Development Status and Outlook

8 Rest of Asia Pacific Security Advisory Services Development Status and Outlook

9 Central & South America Security Advisory Services Development Status and Outlook

10 Middle East & Africa Security Advisory Services Development Status and Outlook

11 Market Forecast by Regions, Type and Application (2018-2025)

12 Security Advisory Services Market Dynamics

13 Market Effect Factors Analysis

14 Research Finding/Conclusion

15 Appendix

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