Security Advisory Services Market Comprehensive Analysis and Forecast 2026

The security advisory services market is expected to reach USD 25.05 Billion by 2026, according to a new report by Reports and Data. The growing dependence on cloud services to manage, store, and recover organization data has driven demand in the global market for security advisory services. Moreover, the crisis of cyber-attacks and fraud of fundamental individual or organization data has also directed to the growth of the worldwide market for security advisory services. The complexities of organizations and organizations have been growing alongside the development of new technologies. Hence, there is a requirement to deploy a system that centrally safeguards and secures the critical assets of several individual or organizational entities.

Security advisory services assisted organizations ensure their business-critical infrastructure from advanced cyber-attack vectors efficiently. Security advisory service vendors include a team of security professionals with various backgrounds and widespread consulting experience in the information security domain.

The market in the Asia Pacific region is anticipated to witness the highest CAGR of 17.9% during the forecast period. Expanded spend on digitization has propelled the demand for IT Services, particularly around Systems Integration. The rapidly-growing services included Hosted Application Management and Hosting Infrastructure Services, followed by IT consulting and Application Management

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Security advisory services play a crucial role in helping businesses assess and enhance their security posture against cyber threats. These services encompass a wide range of offerings, including threat and vulnerability management, security risk management, and support for establishing a security operation center (SOC). By conducting security assessments, identifying vulnerabilities, and implementing appropriate security measures, these services assist enterprises in building a robust cybersecurity infrastructure.

The North America region has been a dominant player in the security advisory services market, accounting for the largest share of 31.3% in 2018. This can be attributed to several factors. First, the region has witnessed significant technological advancements in the field of IT, which have led to continuous improvements in security practices. Additionally, the increasing complexity of IT infrastructure and the growing number of cyber-attacks have created a pressing need for robust security solutions. Lastly, compliance requirements imposed by regulatory bodies also drive the demand for security advisory services in North America.

Overall, the security advisory services market has experienced notable growth in recent years, and this trend is expected to continue in the forecast period as businesses prioritize cybersecurity and seek professional guidance to address evolving threats.

Some leading companies operating in the global Security Advisory Services Market:

Cisco systems, DXC Technology Company, Ernst & Young, Column Information Security, Delloite, PwC, DeltaRisk, KPMG, Security Compass, TCS, CybeRisk, Novacoast, and Kudelski Security.

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The global market is further segmented into type and application:

Organization Size Outlook (Revenue, USD Billion ; 2016-2026)

  • Large enterprises
  • Small and Medium-sized Enterprises (SMEs)

Service Type Outlook (Revenue, USD Billion ; 2016-2026)

  • CISO advisory and support services
  • Penetration Testing
  • Vulnerability Management
  • Risk Management Strategy
  • Incident Response
  • Others

Application Outlook (Revenue, USD Billion ; 2016-2026)

  • BFSI
  • Manufacturing
  • IT and Telecommunication
  • Energy and Power
  • Others

 Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
  • Latin America (Brazil, Rest of LATAM)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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