What is Security Advisory Services?
The increased adoption of cloud services and the rise in the adoption of web and mobile-based applications in business processes helps to boost the global Security Advisory Services market. Security advisory services are responsible to make sure that the devices in use are secured. It should take several parameters into consideration such as system & integration, support & maintenance, and many others. Companies that are running on platforms such as JAVA, Cloud, etc. are all equally vulnerable to threats.
The market study is broken down and major geographies with country level break-up.
Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global Security Advisory Services market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
KPMG (United Kingdom), Deloitte (United States), Cisco (United States), DXC Technologies (United States), PwC (United Kingdom), TCS (India), EY (United Kingdom), Verizon (United States) and eSentire (Canada) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Rapid7 (United States), Dimension Data (South Africa), Kudelski Security (Switzerland), NTT Security (Japan), Sumeru (India), ePlus (United States), Coalfire (United States), Novacoast (United States), Security Compass (Canada), Sage Data Security (United States) and Avalon Cyber (United States).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Security Advisory Services market by Type, Application and Region.
On the basis of geography, the market of Security Advisory Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Organization Size, the sub-segment i.e. SMEs will boost the Security Advisory Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Vertical, the sub-segment i.e. BFSI will boost the Security Advisory Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Service Type, the sub-segment i.e. Penetration Testing will boost the Security Advisory Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In August 2019, DXC Technology acquired Syscom, and this would enhance DXC Technology’s capabilities of service management and security operations in Norway. Syscom has expertise in security operations and ITSM.
In August 2019, Deloitte and Splunk Inc. partnered to provide automated security monitoring and response capabilities that would help the organizations attain consistent security throughout the workflow and output.
Market Trend
- The emergence of Disruptive Digital Technologies, Such as IoT, Across Verticals
- Rise in the Frequency of Cyberattacks and Increased Sophistication in Attacking Techniques
Market Drivers
- Requirements of Stringent Security Compliances and Government Regulations
- The Growing Attacks on Network Infrastructures
Opportunities
- High ADoption of Adoption of Multi-Cloud Services
- Growth in E-commerce Penetration Across Verticals
Restraints
- Limited Security Budget Among SMEs
Challenges
- The Concern Related Lack of Awareness Related to Advanced and Sophisticated Cyber Threats Among Enterprises
Key Target Audience
Government Regulatory Bodies, Private Research Organization, Government Research Organization and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.