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Cybersecurity Risks Propel Information Security Consulting Market Into The Spotlight: A Significant Driver Propelling The Information Security Consulting Market In 2025
The Information Security Consulting Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Information Security Consulting Market Size and Projected Growth Rate?
The size of the information security consulting market has significantly expanded in the past few years. The market, which is projected to rise from $26.18 billion in 2024 to $28.75 billion in 2025, is anticipated to grow at a compound annual growth rate (CAGR) of 9.8%. The robust growth witnessed during the prior period is largely attributable to the elevated cyber threat environment, greater instances of data breaches, the transition towards remote work, heightened understanding of the significance of cybersecurity, and threats specific to various industries.
The market size for information security consulting is predicted to witness robust expansion in the forthcoming years. As projected, it will swell to $39.64 billion in 2029, bolstered by a compound annual growth rate (CAGR) of 8.4%. This growth within the forecasting period can be linked to the advent of emerging technologies, the rising usage of cloud computing, initiatives for digital transformation, enhanced remote work, with increased demand for managed security services. The forecast period is keen to display significant trends like focus on data privacy and compliance, rising requirement for information security consulting firms, intensifying focus on cloud security, AI and machine learning in security aspects, IoT security issues, security for supply chains, strategizing security based on potential risks.
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What Are the Major Segments in the Information Security Consulting Market?
The information security consulting market covered in this report is segmented -
1) By Type: Security And Compliance, Firewall Management, Email And Cloud Security, Other Types
2) By Deployment Mode: On Premise, Cloud
3) By Organization Size: Small And Medium Enterprises, Large Enterprises
4) By End User Vertical: Banking, Financial Services, And Insurance, Information Technology And Telecom, Aerospace And Defense, Government, Healthcare, Other End-User Verticals
Subsegments:
1) By Security And Compliance: Regulatory Compliance, Risk Management And Assessment, Vulnerability Management, Incident Response And Forensics, Penetration Testing
2) By Firewall Management: Firewall Configuration And Optimization, Firewall Monitoring And Alerts, Next-Generation Firewalls (NGFW), Cloud Firewall Services, Managed Firewall Services
3) By Email And Cloud Security: Email Encryption And Filtering, Email Authentication, Cloud Access Security Broker (CASB), Cloud Security Posture Management (CSPM), Cloud Data Loss Prevention (DLP)
4) By Other Types: Endpoint Security, Identity And Access Management (IAM), Network Security, Data Security And Encryption, Mobile Device Management (MDM), Managed Security Services (MSSP), Security Information And Event Management (SIEM)
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What Are The Driving Information Security Consulting Market Evolution?
The escalation of threats associated with cybersecurity is projected to drive the expansion of the information security consulting market. These risks pertain to possible threats and weaknesses that could endanger the confidentiality, integrity, and availability of digital assets, data, and information systems. Factors such as remote work patterns, a deficit in security consciousness, and emerging technologies contribute to these risks. Information security consulting is a method used to manage these risks by detecting vulnerabilities, establishing preventative strategies, preparing for incidents, and maintaining compliance awareness. For example, in November 2022, the Australian Cyber Security Centre, a cybersecurity agency based in Australia, reported receiving 76,000 cyber-crime reports in 2022, a 13% rise from the previous year. The surge in cyber threats is therefore promoting the growth of the information security consulting market.
Which Firms Dominate The Information Security Consulting Market Segments?
Major companies operating in the information security consulting market are Microsoft Corporation, Verizon Communications Inc., accenture* plc, International Business Machines Corporation (IBM), Cisco Systems Inc., Ernst & Young Global Limited, KPMG International Cooperative, Deloitte Touche Tohmatsu Limited, Hewlett Packard Enterprise Company, Tata Consultancy Services Limited, BAE Systems plc, NTT DATA Corporation, Capgemini SA, Cognizant Technology Solutions Corporation, DXC Technology Company, Atos SE, Wipro Limited, Booz Allen Hamilton Holding Corporation, Palo Alto Networks Inc., Symantec Corporation, Check Point Software Technologies Ltd., CrowdStrike Holdings Inc., SecureWorks Corp., Trustwave Holdings Inc., CyberArk Software Ltd.
What Trends Are Driving Growth in The Information Security Consulting Market?
The major players in the information security consulting market are concentrating on creating innovative advancements like strategic cybersecurity consulting. This is in an effort to augment their present cybersecurity services and provide personalized cyber strategies and solutions to clients in their region. Strategic cybersecurity consulting involves supplying organisations with competent cybersecurity consultants to aid in formulating and administering their information security strategies. For example, Wipro Limited, an Indian IT firm, launched a strategic cybersecurity consulting service named CyberTransform in Europe in November 2022. This advanced consulting service will assist organizations in constructing digital risk and cybersecurity strategies. The purpose of this initiative is to provide a clearly defined pathway for clients to implement cybersecurity protections. Additionally, this consultant provides services in areas such as configuration reviews, development of security programs, bespoke on-demand services, planning for information security, and development of privacy and security policies, and risk assessments. This is to strengthen the cybersecurity stance of clients and ensure their long-term robustness.
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Which Is The Largest Region In The Information Security Consulting Market?
North America was the largest region in the information security consulting market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the information security consulting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Information Security Consulting Market?
2. What is the CAGR expected in the Information Security Consulting Market?
3. What Are the Key Innovations Transforming the Information Security Consulting Industry?
4. Which Region Is Leading the Information Security Consulting Market?
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