Information Security Consulting Market focus on Information Security Consulting Market value and Growth of Industry to 2021 is expected to grow from $16.12 Billion in 2016 to $26.15 Billion by 2021, at a 10.2% CAGR during the forecast period.
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Information security consulting ecosystem comprises information security consulting services vendors, such as Ernst & Young (U.K.), IBM Corporation (U.S.), Accenture plc (Ireland), Atos SE (France), Deloitte (U.K.), KPMG (U.K.), PwC (U.K.), BAE Systems plc (U.K.), Hewlett Packard Enterprise (U.S.), and Wipro Limited (India), service providers, system integrators, and enterprises. Other stakeholders of the information security consulting market include security service providers, consulting service providers, IT service providers, resellers, enterprise users, and technology providers.
The target audience of the information security consulting market report is given below such as Information security solution/service providers, Cloud service providers, Managed service providers, Software developers, System integrators, Resellers, Enterprises, Government.
The major growth drivers of the market include the increased network complexities due to third-party applications deployment and mergers & acquisitions across globe.
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Asia-Pacific (APAC) includes emerging economies, such as India and China, which are rapidly deploying information security services. This is mainly due to the digitization of businesses and adoption of cloud services by small, medium, and large enterprises in the region.
In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in the information security consulting market place.
- By Company Type: Tier 1: 24%, Tier 2: 56%, and Tier 3: 20%
- By Designation: C-Level: 58%, Director Level: 26%, and Others: 16%
- By Region: North America:54%, Europe: 24%, and APAC: 15%, Rest of the World (RoW): 7%
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Network security is estimated to have the largest market size in 2016, because of the growing need to secure complex networks. The growth in the network security is associated with the rise in security breaches targeting enterprise networks, where hackers try to gain access to sensitive data.
Furthermore, application security will grow at the highest CAGR during the forecast period, due to the rise in Internet of Things (IoT) and Bring Your Own Device (BYOD) trend.
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