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Cyber Security Consulting Market Size, Trends, Latest Insights, Analysis and Forecast 2024-2031

06-27-2024 08:09 AM CET | IT, New Media & Software

Press release from: Orion Market Research

Cyber Security Consulting Market Size, Trends, Latest

The global cyber security consulting market is expected to grow at a significant CAGR during the forecast period. The major factors boosting the growth of the global cyber security consulting market include the rising prevalence of cyber security incidences. Additionally, the rise in Bring Your Own Device (BYOD) policy adoption is also propelling the growth of the market. According to the report of the Federal Bureau of Investigation's internet crime report 2020, 791,790 complaints of the suspected internet crime were reported with a rise from 300,000 complaints in 2019. According to the Data Breach Investigations Report 2021, by Verizon Inc., phishing was the most common breach accounting for 43% of the total breaches.

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Every organization operating in a variety of industry verticals has a variety of obstacles, ranging from rules and regulations to extremely sophisticated data security threats. As a result, firms must provide ongoing counselling to keep up with the evolving landscape of cybercrime to limit the dangers associated with these crimes.

BYOD policy implementation has seen a peak in rising in the last few years, as organizations are looking to improve work efficiency and reduce the cost of operation. With the advantages of the BYOD, there are disadvantages too such as risks associated with the malicious content from the mobile apps or the fraud emails, as the mobile devices constitute a large portion of the BYOD ecosystem. Hence, the organizations are moving towards cyber security consultants that are contributing to the growth of the market.

The key players contributing to the growth of the global cyber security consulting market by adopting various strategies such as product launches & developments, mergers and acquisitions, partnerships, and agreements, include Capgemini, Cisco, IBM Corporation, and Optive Security among others. For instance, in September 2021, ABSG Consulting Inc. Launched an integrated new cybersecurity service intended to manage, monitor, and decrease the rising threats of Operational Technology (OT) cyber-attacks.

Global Cyber Security Consulting Market by Segments

By Type

• Network security
• Application security
• Mobile security
• Wireless security
• Cloud security
• Others

By Solution

• Disaster recovery
• Anti-malware and anti-virus
• Mobile device management
• Firewalls
• Authentication and authorization
• Intrusion detection and protection systems (id/ip systems)
• Network access control
• Data loss prevention
• Encryption
• Ddos mitigation
• Security information and event management (siem)
• Whitelisting
• Other

By Industry Vertical

• BFSI
• Aerospace and Defense
• Retail
• IT and Telecom
• Healthcare
• Energy and Utilities
• Others

A full report of Cyber Security Consulting Market available @ https://www.omrglobal.com/industry-reports/cyber-security-consulting-market

Cyber Security Consulting Market Report Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• Capgemini
• Cisco Systems Inc.
• IBM Corp.
• ABSG Consulting Inc.
• Optive Security

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
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Visit more report at

https://www.linkedin.com/pulse/scaffold-technology-market-size-trends-latest-arti-vishwakarma-mlsof/

https://www.linkedin.com/pulse/aesthetic-threads-market-increasing-demand-growth-2031-vishwakarma-pyg5f

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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