Global Information Security Consulting Market – Industry Trends and Forecast to 2024

Market Analysis: Global Information Security Consulting Market

The global information security consulting market accounted for USD 15.85 billion in 2016 growing at a CAGR of 10.65% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Market Definition: Global Information Security Consulting Market

The information security consulting helps in protection of the organization by providing expertise and experience that lack internally. The services comprises of including security engineering, management, assessment, and compliance provided by certified consultants. The growing network complexities, growing trends of IoT among others are some of the drivers for the growth of this market whereas the budget constraints are the restraining factor for this market.

Major Market Drivers & Restraints:

Growing Network Complexities
Increased Sophistication in Attacking
Growing Trends of IoT
Budget Constraints
Growing Cyber-Attacks On Business Network

Market Segmentation: Global Information Security Consulting Market

The global information security consulting market is segmented on the basis of security type into network security, application security, database security and endpoint security.

On the basis of organization size, the global information security consulting market is segmented into small & medium enterprises and large enterprises.

On the basis of vertical, the global information security consulting market is segmented into aerospace & defense, government & public utilities, BFSI, IT & telecom, healthcare, retail, manufacturing and others.

On the basis of geography, global information security consulting market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

Company Share Analysis: Global Information Security Consulting Market

The report for information security consulting market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.

Major Market Competitors: Global Information Security Consulting Market

Some of the major players of the global information security consulting market are IBM Corporation, Wipro Limited, Hewlett Packard Enterprise Development LP, BAE Systems., KPMG, Accenture, Ernst & Young Global Limited, Atos SE, Booz Allen Hamilton Inc., Optiv Security Inc., SecureWorks, Inc. among others.

Research Methodology: Global Information Security Consulting Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. 

Global Information Security Consulting Market – Industry Trends and Forecast to 2024

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