Dublin, June 28, 2021 (GLOBE NEWSWIRE) -- The "Global Security Advisory Services Market By Service Type (Penetration Testing, Vulnerability Management, Risk Management Strategy, Incident Response, Compliances Management, Others), By Enterprise Size, By Vertical, By Company, By Region, Forecast & Opportunities, 2026" report has been added to ResearchAndMarkets.com's offering.
The Global Security Advisory Services Market is expected to grow at a CAGR of around 20% during the forecast period.
Growing requirement to enhance the responsiveness of business processes with no safety compromises is one of the key factors due to which the market is anticipated to rev up during the forecast years.
Moreover, growing incidence of cyber espionage & increasing utilization of cyber security solutions in the BFSI sector is expected to bolster the growth of the market over the next few years.
The Global Security Advisory Services Market is segmented based on service type, enterprise size, vertical, company, and region. Based on service type, the market can be categorized into penetration testing, vulnerability management, risk management strategy, incident response, compliances management, security program development & chief information security officer advisory and support.
Out of which, the security program development & chief information security officer advisory and support segment dominated the market in 2020 and is expected to maintain its dominance during the forecast period as well as it helps organizations to form strategies and monitors the process for preventing cyber threat.
Based on the end-user industry, the market is fragmented into BFSI, IT and telecommunication, government and public sector, healthcare, energy and power, manufacturing and others. Among them, the BFSI segment is estimated to dominate the market through 2026 due to growing adoption of security advisory services in the end-user industry.
The major players operating in the Global Security Advisory Services Market are Cisco, DXC Technologies, KPMG, Deloitte, PwC, TCS, EY, Verizon, Kudelski Security, NTT Security and Others. The key market players are adopting some competitive strategies such as mergers & acquisitions, partnership, agreements in order to expand their geographic reach and to increase their customer basis.
Years considered for this report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022-2026
Key Target Audience:
Security advisory services service provider
Market research and consulting firms
Government bodies such as regulating authorities and policy makers
Organizations, forums and alliances related to security advisory services
Global Security Advisory Services Market, By Service Type:
Risk Management Strategy
Security Program Development & Chief Information Security Officer Advisory and Support
Global Security Advisory Services Market, By Enterprise Size:
Global Security Advisory Services Market, By Vertical:
IT and Telecommunication
Government and public sector
Energy and Power
Global Security Advisory Services Market, By Region:
Middle East & Africa
Company Profiles: Detailed analysis of the major companies present in the Global Security Advisory Services Market.
Cisco Systems, Inc.
DXC Technologies Co.
Deloitte Touche Tohmatsu Limited
Tata Consultancy Services Limited
Ernst & Young LLP
Verizon Communications Inc.
NTT Security Corp.
For more information about this report visit https://www.researchandmarkets.com/r/7ux3d9
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