Security Advisory Services Market Definition
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 splits.
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Security Advisory Services market throughout the predicted period.
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 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).
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.
- The emergence of Disruptive Digital Technologies, Such as IoT, Across Verticals
- Rise in the Frequency of Cyberattacks and Increased Sophistication in Attacking Techniques
- Requirements of Stringent Security Compliances and Government Regulations
- The Growing Attacks on Network Infrastructures
- High ADoption of Adoption of Multi-Cloud Services
- Growth in E-commerce Penetration Across Verticals
- Limited Security Budget Among SMEs
- The Concern Related Lack of Awareness Related to Advanced and Sophisticated Cyber Threats Among Enterprises
Key Target AudienceGovernment Regulatory Bodies, Private Research Organization, Government Research Organization and Others
About ApproachThe research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
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