<!– Name:DistributionId Value:8826906 –> <!– Name:EnableQuoteCarouselOnPnr Value:False –> <!– Name:IcbCode Value:2791 –> <!– Name:CustomerId Value:1092386 –> <!– Name:HasMediaSnippet Value:false –> <!– Name:AnalyticsTrackingId Value:c5ff1f26-73a1-4e44-81b7-b6b0b88339ac –>
Washington, DC, April 27, 2023 (GLOBE NEWSWIRE) — Zion Market Research has published a new research report titled “IT Security Consulting Services Market By Security Type (Application Security, Database Security, Endpoint Security, Network Security), By End-User (Aerospace & Defense, Banking, Financial Services, & Insurance (BFSI), Government & Public Utilities, Healthcare, IT & Telecom, Manufacturing & Retail, Others), And By Region – Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030” in its research database.
“According to the latest research study, the demand of global IT Security Consulting Services Market size & share in terms of revenue was valued at USD 27.24 billion in 2022 and it is expected to surpass around USD 101.12 billion mark by 2030, growing at a compound annual growth rate (CAGR) of approximately 13.5% during the forecast period 2023 to 2030.”
What are IT Security Consulting Services? How big is the IT Security Consulting Services Industry?
The global IT security consulting services market size was valued at USD 27.24 Billion in 2022 and is expected to reach USD 101.12 Billion by 2030, growing at a compound annual growth rate (CAGR) of 13.5% during the forecast period.
IT security consulting services involve the assessment, design, implementation, and management of security measures to protect an organization’s information systems and data from cyber threats. These services help businesses identify security vulnerabilities & risks, develop security strategies & policies, and implement technical solutions to safeguard against attacks. IT security consulting services include network security, data protection, application security, cloud security, identity and access management, compliance & regulatory requirements, and incident response planning. With the growing frequency and sophistication of cyber-attacks, businesses of all sizes and industries are seeking the expertise of IT security consultants to mitigate risks and protect their sensitive data. The IT security consulting services market is expected to continue its growth trend due to the increasing demand for end-to-end security solutions and compliance with regulatory requirements.
Get a Free Sample PDF of this Research Report for more Insights with a Table of Content, Research Methodology, and Graphs – https://www.zionmarketresearch.com/sample/it-security-consulting-services-market
(A free sample of this report is available upon request; please contact us for more information.)
Our Free Sample Report Consists of the Following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2023 updated report.
- The COVID-19 Pandemic Outbreak Impact Analysis is included in the package
- About 219+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on Request
- Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2023
- Includes Tables and figures have been updated
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- Zion Market Research research methodology
(Please note that the sample of this report has been modified to include the COVID-19 impact study prior to delivery.)
Global IT Security Consulting Services Market: Growth Factors
The global IT security consulting services market is driven by several factors such as the increasing number of cyber threats, data breaches, and stringent government regulations. The adoption of cloud-based services and digital transformation initiatives, along with the need for end-to-end security solutions, are also driving the demand for IT security consulting services. Additionally, the growing awareness among organizations about the benefits of proactive security measures and the need for expert guidance to address complex security challenges further drives the growth of the market.
In addition, the increasing adoption of advanced technologies such as Artificial Intelligence (AI) and the Internet of Things (IoT), which require specialized security consulting services create ample opportunities. The emergence of new threats such as ransomware and Distributed Denial of Service (DDoS) attacks also presents new opportunities for the growth of IT security consulting services industry. However, the high cost of IT security consulting services and the lack of skilled professionals in the market may act as restraints to market growth.
Directly Purchase a copy of the report with TOC @ https://www.zionmarketresearch.com/buynow/su/it-security-consulting-services-market
|Market Size in 2022||USD 27.24 billion|
|Projected Market Size in 2030||USD 101.12 billion|
|CAGR Growth Rate||13.5% CAGR|
|Key Market Players||Accenture, Deloitte, IBM, PwC, Ernst & Young, KPMG, Booz Allen Hamilton, Cognizant, DXC Technology, Wipro, Capgemini, Tata Consultancy Services, Atos, NTT Data, Verizon, SecureWorks, Trustwave, Symantec, McAfee, and Check Point among others.|
|Key Segment||By Security Type, By End-User, And By Region|
|Major Regions Covered||North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa|
|Purchase Options||Request customized purchase options to meet your research needs. Explore purchase options|
IT Security Consulting Services Market: Segmentation Analysis
The global IT security consulting services market is segmented based on security type, end-user, and region.
Based on security type, the market is segmented into application security, database security, endpoint security, and network security. The network security segment held the largest market share in 2022 and is further anticipated to grow rapidly at a significant CAGR during the forecast period. This is mainly due to the increasing number of cyber-attacks on enterprise networks and the need for advanced security solutions to protect against them. Network security consulting services include services such as vulnerability assessment, penetration testing, firewall management, and intrusion detection and prevention. With the growing adoption of cloud-based services and remote workforces, the demand for network security consulting services is expected to continue its growth trend.
Based on end-user, the market is segmented into Aerospace & Defense, Banking, Financial Services, & Insurance (BFSI), Government & Public Utilities, Healthcare, IT & Telecom, Manufacturing & Retail, and Others. The BFSI segment held the largest market share in 2022 and is further projected to grow at a notable CAGR during the forecast period. This is mainly due to the increasing number of cyber threats and the need to protect sensitive financial data. The BFSI sector is heavily regulated, with compliance requirements such as PCI DSS, SOX, and GDPR, driving the demand for IT security consulting services.
The healthcare and government sectors are also expected to be significant contributors to the IT security consulting services market due to the increasing use of electronic medical records and government initiatives to digitize services. The retail sector is also witnessing significant growth due to the increasing adoption of e-commerce and the need for secure payment processing systems.
The global IT Security Consulting Services market is segmented as follows:
By Security Type
- Application Security
- Database Security
- Endpoint Security
- Network Security
- Aerospace And Defense
- Financial Services
- Insurance (BFSI)
- Government And Public Utilities
- IT And Telecom
- Manufacturing & Retail
Browse the full “IT Security Consulting Services Market By Security Type (Application Security, Database Security, Endpoint Security, Network Security), By End-User (Aerospace & Defense, Banking, Financial Services, & Insurance (BFSI), Government & Public Utilities, Healthcare, IT & Telecom, Manufacturing & Retail, Others), and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2023 – 2030”– Report at https://www.zionmarketresearch.com/report/it-security-consulting-services-market
Some of the main competitors dominating the global IT Security Consulting Services market include –
- Ernst & Young
- Booz Allen Hamilton
- DXC Technology
- Tata Consultancy Services
- NTT Data
- and Check Point
- Among Others.
Key Insights from Primary Research:
- As per the analysis shared by our research analyst, the global IT security consulting services market is expected to grow annually at a promising CAGR of around 13.5% during the forecast period 2023-2030.
- In terms of revenue, the global IT security consulting services market size was valued at around USD 27.24 billion in 2022 and is expected to reach USD 101.12 billion by 2030.
- One of the key factors driving the global IT security consulting services market is owing to the increasing number of cyber-attacks on organizations’ IT infrastructure leading to businesses investing in IT security consulting services to improve their cybersecurity posture and protect against potential threats.
- Based on security type, the network security segment held the largest market share in 2022.
- Based on end-user, the BFSI segment held the dominating market share in 2022.
- Based on region, the North American region held the largest market share in 2022.
Have Any Query? Ask Our Experts: https://www.zionmarketresearch.com/inquiry/it-security-consulting-services-market
Key questions answered in this report:
- What is the market size and growth rate forecast for IT Security Consulting Services industry?
- What are the main driving factors propelling the IT Security Consulting Services Market forward?
- What are the leading companies in the IT Security Consulting Services Industry?
- What segments does the IT Security Consulting Services Market cover?
- How can I receive a free copy of the IT Security Consulting Services Market sample report and company profiles?
- Market Size & Forecast by Revenue | 2023−2030
- Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
- Market Segmentation – A detailed analysis By Security Type, By End-User, And By Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
Request for Customization on this Report as per your requirements – https://www.zionmarketresearch.com/custom/5792
(We tailor your report to meet your specific research requirements. Inquire with our sales team about customising your report.)
The North American region held the dominating market share in 2022 and is further predicted to continue this trend during the forecast period. North America is expected to be the largest market for IT security consulting services due to the high adoption of advanced technologies and the increasing number of cyber-attacks in the region. The growing digital transformation initiatives, increasing use of cloud-based services, and the presence of a large number of multinational companies are driving the demand for IT security consulting services in North America.
The United States is expected to dominate the market in the region, followed by Canada and Mexico. Furthermore, the presence of major players in the region such as IBM, Accenture, and Deloitte is contributing to the growth of the market. The increasing government initiatives and regulations related to data privacy and security are also driving the demand for IT security consulting services in North America.
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Rest of Latin America
Access Infographics @ https://www.zionmarketresearch.com/content/uploadedimages/global-security-consulting-services-market.png
- In January 2022, Accenture Security announced the acquisition of BrightStep Partners, a cybersecurity consulting firm based in Sweden. The acquisition will strengthen Accenture’s cybersecurity consulting services in the Nordics and Europe, helping clients to improve their cybersecurity posture and manage risks.
- In March 2022, IBM Security announced the acquisition of Persistent Systems’ cybersecurity business unit to expand its security consulting services capabilities. The acquisition will help IBM Security to deliver integrated security solutions to its clients, covering risk management, compliance, and cybersecurity consulting services.
- In December 2021, Deloitte announced the acquisition of Sentek Consulting, a cybersecurity and risk management consulting firm based in the United States. The acquisition will help Deloitte to expand its cybersecurity consulting services capabilities, particularly in the government and public sector.
To know an additional revised 2023 list of market players, request a brochure of the report: https://www.zionmarketresearch.com/requestbrochure/it-security-consulting-services-market
FREQUENTLY ASKED QUESTIONS
- What are IT Security Consulting Services?
- At what CAGR, the global IT security consulting services market will expand during forecast years?
- What will be the market value of global IT security consulting services market by the end of 2030?
- What are the factors driving the global IT security consulting services market growth?
- Which region will contribute notably towards the IT security consulting services market value?
- Who are the leading players in the global IT security consulting services market?
Browse Other Related Research Reports from Zion Market Research:
Maritime Security Systems Market: Global Industry Perspective, Comprehensive Analysis and Forecast, 2018-2025: https://www.zionmarketresearch.com/report/maritime-security-systems-market
Air Cargo Security And Screening Systems Market By Technology (Explosive Detection Systems, Explosive Trace Detection Systems, Metal Detection Systems, Non-Computed Tomography (Non-CT) Transmission X-Ray Devices),: Global Industry Perspective, Comprehensive Analysis And Forecast, 2020 – 2028: https://www.zionmarketresearch.com/report/air-cargo-security-and-screening-systems-market
Security As A Service Market By Component (Solution And Service), By Application Area (Network Security, Endpoint Security, Application Security, And Cloud), By Organization Size (SMEs And Large Enterprises), By Vertical (BFSI, Retail, Healthcare, Government And Defense, IT And Telecom, Energy And Utilities, Manufacturing And Others): Global Industry Perspective, Comprehensive Analysis And Forecast, 2020 – 2028: https://www.zionmarketresearch.com/report/security-service-market
Security Information And Event Management Market By Solution (Firewall Security Management, Log And Event Management, Patch Management And Other), By Services (Consulting, Support And Integration), By Organization Size (Small And Medium-Sized Enterprises And Large Enterprise) And By End Use Industry (BFSI, Healthcare, Government, IT And Telecom, Retail And Hospitality, Energy And Utility, Education And Others): Global Industry Perspective, Comprehensive Analysis And Forecast, 2021 – 2028: https://www.zionmarketresearch.com/report/security-information-event-management-market
Threat Intelligence Security Market By Deployment Mode (Cloud And On-Premise), By Organization Size (Large Enterprises And SMEs), By Application (SIEM, Security Analytics, Security And Vulnerability Management, Risk And Compliance, Incident Response, And Others), By Vertical (BFSI, Healthcare, IT & ITES, Retail, Manufacturing, And Life Sciences), And By Region – Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030: https://www.zionmarketresearch.com/report/threat-intelligence-security-market
Food Security Technologies Market – Global Industry Perspective, Comprehensive Analysis and Forecast 2020-2026: https://www.zionmarketresearch.com/report/food-security-technologies-market
Cyber Security in Healthcare Market by Deployment Type (On-Premises and Cloud-Based), by Security Type (Application Security, Cloud Security, Content Security, Endpoint Security, Network Security, and Wireless Security), and by End-User (Pharmaceutical & Chemical Manufactures, Medical Device Companies, Health Insurance Companies, Hospitals & Clinics, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2026: https://www.zionmarketresearch.com/report/cyber-security-healthcare-market
Healthcare Cybersecurity Market – By Type (Solutions and Services), By Security Type (Cloud Security, Application Security, Endpoint Security, Content Security, Wireless Security, and Network Security), And By Region – Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2025: https://www.zionmarketresearch.com/report/healthcare-cybersecurity-market
Smart Home Security Market: By Product Type (Smart Alarms, Smart Camera and Monitoring System, Smart Locks and Sensors and Smart Detectors) By Component (Products and Services) By Application (Apartment, Big Villa) And By Region: Global Industry Perspective, Comprehensive Analysis And Forecast, 2019 – 2025.: https://www.zionmarketresearch.com/report/smart-home-security-market
Artificial Intelligence (AI) in Cyber Security Market By Offering (Hardware, Software, and Services), By Security (Endpoint, Network, Cloud, and Application), By Technology (Machine Learning, Context Awareness, and NLP), By Security Solution (Identity and Access Management, Antivirus/Antimalware, Risk and Compliance Management, Encryption, Intrusion Detection/Prevention Systems, Data Loss Prevention, Unified Threat Management, and Others), and by End-User (BFSI, Government & Defense, Retail, Enterprises, Manufacturing, Healthcare, Infrastructure, Automotive & Transportation, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025: https://www.zionmarketresearch.com/report/artificial-intelligence-in-cyber-security-market
About Zion Market Research:
Zion Market Research is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Zion Market Research are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds.
Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.
Follow Us on LinkedIn: https://www.linkedin.com/company/zion-market-research/
Follow Us on Twitter: https://twitter.com/zion_research
Follow Us on Facebook: https://www.facebook.com/zionmarketresearch
Follow Us on Pinterest: https://www.pinterest.com/zionmarketresearch/
Follow Us on YouTube: https://youtu.be/Y0Yfi7N8zSs
USA: +1 347 690-0211
United Kingdom: +44 2032 894158
Japan: +81 50 5806 9039
India: +91 7768 006 007
Still, Looking for More Information? OR Want Data for Inclusion in Magazine, Case Study, or Media?
Email Directly Here with Detail Information: [email protected]