Security Advisory Services Market 2019 | Increasing Demand With Leading Key Players: DXC Technology Company, Ernst & Young, Etc.

The Security Advisory Services Market is expected to reach USD 25.05 Billion by 2026, according to a new report by Reports and Data. The growing dependence on cloud services to manage, store, and recover organization data has driven demand in the global market for security advisory services. Moreover, the crisis of cyber-attacks and fraud of fundamental individual or organization data has also directed to the growth of the worldwide market for security advisory services.

The complexities of organizations and organizations have been growing alongside the development of new technologies. Hence, there is a requirement to deploy a system that centrally safeguards and secures the critical assets of several individual or organizational entities.

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Security advisory services assisted organizations ensure their business-critical infrastructure from advanced cyber-attack vectors efficiently. Security advisory service vendors include a team of security professionals with various backgrounds and widespread consulting experience in the information security domain.

The Key players in the Security Advisory Services Market include Cisco systems, DXC Technology Company, Ernst & Young, Column Information Security, Delloite, PwC, DeltaRisk, KPMG, Security Compass, TCS, CybeRisk, Novacoast, and Kudelski Security.

The market in the Asia Pacific region is anticipated to witness the highest CAGR of 17.9% during the forecast period. Expanded spend on digitization has propelled the demand for IT Services, particularly around Systems Integration. The rapidly-growing services included Hosted Application Management and Hosting Infrastructure Services, followed by IT consulting and Application Management.

For the purpose of this study, Reports and Data have segmented the market on the basis of Organization Size, Service Type, Application, and region:

Organization Size Outlook (Revenue, USD Billion ; 2019-2026)
Large enterprises
Small and Medium-sized Enterprises (SMEs)
Service Type Outlook (Revenue, USD Billion ; 2019-2026)
CISO advisory and support services
Penetration Testing
Vulnerability Management
Risk Management Strategy
Incident Response
Others

Application Outlook (Revenue, USD Billion ; 2019-2026)
BFSI
Manufacturing
IT and Telecommunication
Energy and Power
Others

Regional Outlook (Revenue, USD Billion ; 2019-2026)
North America
Europe
Asia Pacific
Latin America
Middle East & Africa

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Further key findings from the report suggest:
The Security Advisory Services Market is estimated to reach USD 25.05 Billion by 2026, at a CAGR of 17.5% during the forecast period.

The large enterprises accounted for a larger share of 65.8% of the market in 2018.

The largest share is accounted by the North America region with a share of 31.3% of the market in 2018. The technological shifts in IT have led to constant improvements in the region. Moreover, the rising complexity in IT infrastructure, an expanding number of cyber-attacks, and the need to suffice compliance requirements are some of the principal driving factors for the growth of the market in this region.

Various players are developing strategies to mark their presence in the industry.

PwC partnered with Microsoft in April 2018, to concentrate on IAM, Enterprise Security Architecture (ESA), Cloud Application Security (CAS), information protection, and threat and vulnerability management.

The market merchants are adding developments consistently to their services to secure the associations, and gathering money and financial industries, against cutting edge digital dangers. Globally, the adoption of security advisory services is growing because of the rise in security breaks focusing on endeavors.

The BFSI application segment accounted for the largest share of 31.5% of the market in 2018.

The penetration testing service type is expected to witness the highest CAGR of 18.5% during the forecast period.

Table of Contents:

Study Coverage: It takes into account key manufacturers, key market segments, the scope of products available in the global Security Advisory Services Market, forecast years, and study objectives. Additionally, it also considers the segmentation study provided in the report on the basis of the type of product and application.

Executive Summary: It provides a summary of the critical studies, growth rate, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.

Production by Region: In this section, the report offers essential information pertaining to import and export, production, revenue, and key players of all regional markets covered in the report.

Profile of Manufacturers: Each player profiled in this section is analyzed effectively through SWOT analysis, their products, production, value, capacity, and other vital factors.

The objectives of the report are:
- To study and forecast the market size of Security Advisory Services Market against the global landscape.
- To examine the global key competitors and their market share in the global sector, SWOT analysis, and value.
- To determine, explain and forecast the market by type, end use, and region.
- To inspect the market potential and advantage, opportunities and hurdles, restraints and risks of key geographies.
- To derive significant trends and factors driving or restraining the market growth.
- To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
- To critically analyze each submarket by analyzing individual growth trend and their contribution to the market.
- To understand strategic developments such as agreements, expansions, new product launches, and possessions in the market.
- To strategically outline the key players and comprehensively analyze their growth strategies.

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The growth of this market globally is dependent on various factors, including consumers of a lot of Security Advisory Services products, inorganic company growth models, economic volatility of raw materials, and product innovation, along with economic prospects in both producer and consumer countries.

Conclusively, this report will offer a clear view of every vital aspect of the market without the need to refer to any other research report or data source. Our report will provide all the crucial facts about the past, present, and future of the concerned market.

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