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(IT-NEWSWIRE.COM, June 28, 2018 ) According to a new market research report "Information Security Consulting Market by Security Type (Network Security, Application Security, Database Security, and Endpoint Security), Organization Size (SMES and Large Enterprises), Vertical, and Region - Global Forecast to 2021", The information security consulting market is estimated to grow from USD 16.12 Billion in 2016 to USD 26.15 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 10.2%
Browse 39 market data tables and 43 figures spread through 118 pages and in-depth TOC on “Information Security Consulting Market"
Early buyers will receive 10% customization this on report
The major forces driving the information security consulting market are rising network complexities due to mergers and acquisitions and third-party application deployment. The information security consulting market is growing rapidly because of the growing security needs of Internet of Things (IoT), Bring Your Own Device (BYOD) trends, and increased deployment of web & cloud-based business applications.
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Aerospace & defense vertical to have the largest market size in 2016
The information security consulting market is also segmented by various industry verticals, out of which, the adoption of security consulting services is expected to be the highest in the aerospace and defense vertical, as the critical data and applications used by this vertical are prone to advanced threats. Moreover, government & public utilities, Banking, Financial Services & Insurance (BFSI), and Information Technology (IT) & telecom verticals are expected to gain traction during the forecast period.
North America is expected to dominate the information security consulting market in 2016
North America is expected to hold the largest share of the information security consulting market in 2016, due to the technological advancements and early adoption of cyber security in this region. The market in APAC is expected to grow at the highest CAGR between 2016 and 2021. The primary driving forces for this growth are increasing technological adoption and huge opportunities across industry verticals in APAC countries, especially India and China.
The report also encompasses different strategies, such as mergers & acquisitions, partnerships & collaborations, business expansions, and product developments, adopted by major players to increase their market share. Some of the major technology vendors include 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).
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Table of Contents
1 Introduction (Page No. - 13)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders
2 Research Methodology (Page No. - 16)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
3 Executive Summary (Page No. - 24)
4 Premium Insights (Page No. - 27)
4.1 Attractive Market Opportunities in the Market
4.2 Market By Security Type
4.3 Market By Region and Industry Vertical
4.4 Information Security Consulting Market Potential
4.5 Lifecycle Analysis, By Region, 2016
5 Market Overview (Page No. - 30)
5.1 Introduction
5.2 Market Evolution
5.3 Market Segmentation
5.3.1 By Security Type
5.3.2 By Organization Size
5.3.3 By Industry Vertical
5.3.4 By Region
5.4 Market Dynamics
5.4.1 Drivers
5.4.1.1 Rising Network Complexities Due to Third-Party Application Deployment, Merger & Acquisition, and Globalization of Business
5.4.1.2 Emerging Trends of IoT and BYOD
5.4.1.3 Increased Sophistication in Attacking
5.4.2 Restraints
5.4.2.1 Budget Constraints
5.4.3 Opportunities
5.4.3.1 Rise in the Adoption of Information Security Consulting Services Across Smes
5.4.3.2 Increased Digital Transformation in Developing Economies
5.4.4 Challenges
5.4.4.1 Less Awareness Towards Advanced Cyber Threats
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