The security advisory services market is expected to grow from USD 5.77 Billion in 2017 to USD 13.57 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 18.7%._x000D_
The rise in security breaches and increased sophistication level of cyber-attacks are said to be the main drivers of the market. The security advisory services market is segmented by service type, organization size, vertical, and region. The security advisory services market by service type includes penetration testing, vulnerability management, risk management strategy, incident response, compliance management, security program development, Chief Information Security Officer (CISO) advisory and support. The CISO advisory and support service type in the market is expected to have the largest market size during the forecast period. The market for the service type segment is expected to be growing, as the individuals, Small and Medium-sized Enterprises (SMEs), and large enterprises are concerned about securing their network infrastructure._x000D_
The SMEs segment is expected to grow at a higher CAGR during the forecast period, owing to the increasing incidences of data breaches on these enterprises, as well as, rise in the sophistication level of cyber-attacks. SMEs are small in terms of their size, but cater to a large number of customers globally. Robust and comprehensive security solutions are not implemented in SMEs, due to financial constraints in these organizations. However, the large enterprises segment is estimated to account for a larger share of the security advisory services market in 2017._x000D_
Security advisory services have been deployed across various verticals, including the government and public sector; Banking, Financial Services, and Insurance (BFSI); energy and power; government and public sector; healthcare; IT and telecommunication; transportation; and manufacturing, and others (travel and transportation, retail, and education). The government and public sector vertical is expected to witness the highest CAGR during the forecast period. However, the BFSI vertical is estimated to have the largest market size in 2017._x000D_
The global security advisory services market has been segmented on the basis of regions into North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America to provide a region-specific analysis in the report. North America, followed by Europe, is estimated to become the largest revenue-generating region for the security advisory service providers in 2017. The increasing fraudulent activities in various industries is one of the key factors that is expected to fuel the growth of the market in North America. The APAC security advisory services market is said to be gaining traction, as it provides proactive security measures against the evolving data breach techniques. SMEs as well as large enterprises in the APAC region have become more aware of the increasing fradulent activities and started adopting security advisory services to combat them._x000D_
However, the budget constraints may restrict the security advisory services market growth. The major vendors that offer security advisory services across the globe are EY (UK), PwC (UK), eSentire (Canada), Kudelski Security (Switzerland), Novacoast (US), Security Compass (Canada), Deloitte (US), KPMG (UK), Delta Risk (US), TCS (India), CybeRisk (Israel), and Coalfire (US). These vendors have adopted various types of organic and inorganic growth strategies, such as new service launches, partnerships and collaborations, and acquisitions, to expand their offerings in the market.
Table of Contents_x000D_
1 Introduction (Page No. - 11)_x000D_
1.1 Objectives of the Study _x000D_
1.2 Market Definition _x000D_
1.3 Market Scope _x000D_
1.4 Years Considered for the Study _x000D_
1.5 Currency _x000D_
1.6 Stakeholders_x000D_
2 Research Methodology (Page No. - 14)_x000D_
2.1 Research Data _x000D_
2.1.1 Secondary Data_x000D_
2.1.2 Primary Data_x000D_
2.1.2.1 Breakdown of Primary Interviews_x000D_
2.1.2.2 Key Industry Insights_x000D_
2.2 Market Size Estimation _x000D_
2.3 Research Assumptions and Limitations _x000D_
2.3.1 Research Assumptions_x000D_
2.3.2 Limitations_x000D_
3 Executive Summary (Page No. - 20)_x000D_
4 Premium Insights (Page No. - 23)_x000D_
4.1 Attractive Market Opportunities in the Security Advisory Services Market _x000D_
4.2 Market By Vertical and Region _x000D_
4.3 Market By Service Type _x000D_
4.4 Market By Region_x000D_
5 Security Advisory Services Market Overview (Page No. - 26)_x000D_
5.1 Introduction _x000D_
5.2 Market Dynamics _x000D_
5.2.1 Drivers_x000D_
5.2.1.1 Rise in Security Breaches and Increased Sophistication Level of Cyber-Attacks_x000D_
5.2.1.2 Strong Regulation and Compliance Requirements_x000D_
5.2.2 Restraints_x000D_
5.2.2.1 Budget Constraints_x000D_
5.2.3 Opportunities_x000D_
5.2.3.1 Rise in the Adoption of Security Advisory Services in Smes_x000D_
5.2.3.2 Increasing Digital Transformation in the Developing Economies_x000D_
5.2.4 Challenges_x000D_
5.2.4.1 Lack of End-User Knowledge About Advanced Threats_x000D_
6 Security Advisory Services Market Analysis, By Service Type (Page No. - 30)_x000D_
6.1 Introduction _x000D_
6.2 Penetration Testing _x000D_
6.3 Vulnerability Management _x000D_
6.4 Risk Management Strategy _x000D_
6.5 Incident Response _x000D_
6.6 Compliance Management _x000D_
6.7 Security Program Development _x000D_
6.8 Chief Information Security Officer Advisory and Support_x000D_
7 Security Advisory Services Market Analysis, By Organization Size (Page No. - 40)_x000D_
7.1 Introduction _x000D_
7.2 Small and Medium-Sized Enterprises _x000D_
7.3 Large Enterprises_x000D_
8 Security Advisory Services Market Analysis, By Vertical (Page No. - 44)_x000D_
8.1 Introduction _x000D_
8.2 Banking, Financial Services, and Insurance _x000D_
8.3 IT and Telecommunication _x000D_
8.4 Government and Public Sector _x000D_
8.5 Healthcare _x000D_
8.6 Energy and Power _x000D_
8.7 Manufacturing _x000D_
8.8 Others_x000D_
9 Geographic Analysis (Page No. - 52)_x000D_
9.1 Introduction _x000D_
9.2 North America _x000D_
9.3 Europe _x000D_
9.4 Asia Pacific _x000D_
9.5 Middle East and Africa _x000D_
9.6 Latin America_x000D_
10 Competitive Landscape (Page No. - 65)_x000D_
10.1 Introduction _x000D_
10.2 Competitive Situations and Trends _x000D_
10.2.1 New Service Launches, 2015–2017_x000D_
10.2.2 Partnerships, 2016–2017_x000D_
10.2.3 Business Expansions, 2016–2017_x000D_
10.2.4 Acquisitions, 2017_x000D_
10.3 Market Ranking of Players_x000D_
11 Company Profiles (Page No. - 68)_x000D_
11.1 PWC _x000D_
(Overview, Strength of Product Portfolio, Business Strategy Excellence, and Recent Developments)*_x000D_
11.2 EY _x000D_
11.3 Deloitte _x000D_
11.4 KPMG _x000D_
11.5 Kudelski Security _x000D_
11.6 Coalfire _x000D_
11.7 Cyberisk _x000D_
11.8 Delta Risk _x000D_
11.9 Esentire _x000D_
11.10 Novacoast _x000D_
11.11 TCS _x000D_
11.12 Security Compass_x000D_
*Details on Overview, Strength of Product Portfolio, Business Strategy Excellence, and Recent Developments Might Not Be Captured in Case of Unlisted Companies._x000D_
12 Appendix (Page No. - 98)_x000D_
12.1 Discussion Guide _x000D_
12.2 Knowledge Store: Research Cosmos’ Subscription Portal _x000D_
12.3 Introducing RT: Real-Time Market Intelligence _x000D_
12.4 Available Customizations _x000D_
12.5 Related Reports _x000D_
12.6 Author Details
List of Tables (38 Tables)_x000D_
Table 1 Security Advisory Services Market Size and Growth Rate, 2015–2022 (USD Million, Y-O-Y %)_x000D_
Table 2 Market Size By Region, 2015–2022 (USD Million)_x000D_
Table 3 Market Size By Service Type, 2015–2022 (USD Million)_x000D_
Table 4 Penetration Testing: Market Size, By Region, 2015–2022 (USD Million)_x000D_
Table 5 Vulnerability Management: Market Size, By Region, 2015–2022 (USD Million)_x000D_
Table 6 Risk Management Strategy: Market Size, By Region, 2015–2022 (USD Million)_x000D_
Table 7 Incident Response: Market Size, By Region, 2015–2022 (USD Million)_x000D_
Table 8 Compliance Management: Market Size, By Region, 2015–2022 (USD Million)_x000D_
Table 9 Security Program Development: Market Size, By Region, 2015–2022 (USD Million)_x000D_
Table 10 Chief Information Security Officer Advisory and Support: Market Size, By Region, 2015–2022 (USD Million)_x000D_
Table 11 Security Advisory Services Market Size, By Organization Size, 2015–2022 (USD Million)_x000D_
Table 12 Small and Medium-Sized Enterprises: Market Size, By Region, 2015–2022 (USD Million)_x000D_
Table 13 Large Enterprises: Market Size, By Region, 2015–2022 (USD Million)_x000D_
Table 14 Security Advisory Services Market Size, By Vertical, 2015–2022 (USD Million)_x000D_
Table 15 Banking, Financial Services, and Insurance: Market Size, By Region, 2015–2022 (USD Million)_x000D_
Table 16 IT and Telecommunication: Market Size, By Region, 2015–2022 (USD Million)_x000D_
Table 17 Government and Public Sector: Market Size, By Region, 2015–2022 (USD Million)_x000D_
Table 18 Healthcare: Market Size, By Region, 2015–2022 (USD Million)_x000D_
Table 19 Energy and Power: Market Size, By Region, 2015–2022 (USD Million)_x000D_
Table 20 Manufacturing: Market Size, By Region, 2015–2022 (USD Million)_x000D_
Table 21 Others: Market Size, By Region, 2015–2022 (USD Million)_x000D_
Table 22 Security Advisory Services Market Size, By Region, 2015–2022 (USD Million)_x000D_
Table 23 North America: Market Size, By Service Type, 2015–2022 (USD Million)_x000D_
Table 24 North America: Market Size, By Organization Size, 2015–2022 (USD Million)_x000D_
Table 25 North America: Market Size, By Vertical, 2015–2022 (USD Million)_x000D_
Table 26 Europe: Market Size, By Service Type, 2015–2022 (USD Million)_x000D_
Table 27 Europe: Market Size, By Organization Size, 2015–2022 (USD Million)_x000D_
Table 28 Europe: Market Size, By Vertical, 2015–2022 (USD Million)_x000D_
Table 29 Asia Pacific: Security Advisory Services Market Size, By Service Type, 2015–2022 (USD Million)_x000D_
Table 30 Asia Pacific: Market Size, By Organization Size, 2015–2022 (USD Million)_x000D_
Table 31 Asia Pacific: Market Size, By Vertical, 2015–2022 (USD Million)_x000D_
Table 32 Middle East and Africa: Market Size, By Service Type, 2015–2022 (USD Million)_x000D_
Table 33 Middle East and Africa: Market Size, By Organization Size, 2015–2022 (USD Million)_x000D_
Table 34 Middle East and Africa: Market Size, By Vertical, 2015–2022 (USD Million)_x000D_
Table 35 Latin America: Market Size, By Service Type, 2015–2022 (USD Million)_x000D_
Table 36 Latin America: Market Size, By Organization Size, 2015–2022 (USD Million)_x000D_
Table 37 Latin America: Market Size, By Vertical, 2015–2022 (USD Million)_x000D_
Table 38 Security Advisory Services Market: Ranking Analysis, 2017
List of Figures (26 Figures)_x000D_
Figure 1 Global Security Advisory Services Market Segmentation_x000D_
Figure 2 Global Market: Research Design_x000D_
Figure 3 Data Triangulation_x000D_
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach_x000D_
Figure 5 Market Size Estimation Methodology: Top-Down Approach_x000D_
Figure 6 Security Advisory Services, By Service Type (2017–2022)_x000D_
Figure 7 Security Advisory Services, By Organization Size (2017–2022)_x000D_
Figure 8 Security Advisory Services, By Vertical (2017–2022)_x000D_
Figure 9 Security Advisory Services, By Region (2017–2022)_x000D_
Figure 10 Rise in Security Breaches and Increased Sophistication Level of Cyber-Attacks are Expected to Boost the Security Advisory Services Market Growth_x000D_
Figure 11 BFSI Vertical, and North America are Estimated to Have the Largest Market Shares in 2017_x000D_
Figure 12 Ciso Advisory and Support Estimated to Have the Largest Market Shares in 2017_x000D_
Figure 13 North America is Estimated to Have the Largest Market Share in 2017_x000D_
Figure 14 Security Advisory Services Market: Drivers, Restraints, Opportunities, and Challenges_x000D_
Figure 15 Chief Information Security Officer Advisory and Support Segment is Expected to Have the Largest Market Size During the Forecast Period_x000D_
Figure 16 Small and Medium-Sized Enterprises Segment is Expected to Grow at A Higher CAGR During the Forecast Period_x000D_
Figure 17 Banking, Financial Services, and Insurance Vertical is Expected to Have the Largest Market Size During the Forecast Period_x000D_
Figure 18 North America is Expected to Have the Largest Market Size During the Forecast Period_x000D_
Figure 19 North America: Market Snapshot_x000D_
Figure 20 Asia Pacific: Market Snapshot_x000D_
Figure 21 PWC: Company Snapshot_x000D_
Figure 22 EY: Company Snapshot_x000D_
Figure 23 Deloitte: Company Snapshot_x000D_
Figure 24 KPMG: Company Snapshot_x000D_
Figure 25 Kudelski Security: Company Snapshot_x000D_
Figure 26 TCS: Company Snapshot