Information Security Consulting Market Report 2025 (Global Edition)

Global Information Security Consulting Market Report 2025 Market Size Split by Type (Security and Compliance, Firewall Management, Cloud Security), by Deployment Mode (On-Premises, Cloud), by Organiza...

Information Security Consulting Market Report Description

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Competitive Landscape

The market for information security consultancy is somewhat fragmented. Since the dominant players in the market control the majority of the market share, there is intense competition among them. Prominent businesses are attempting to add small-scale vendors to expand their offerings. Development, partnerships, mergers, and acquisitions are strategies that are used by companies to capture the majority of market share. For instance, In March 2022, Vodafone and Accenture joined up to offer managed security services to Germany's small and medium-sized businesses. By giving organizations that require more capacity, time, and resources to stay up to date with this quickly changing field access to top cybersecurity talent and industry expertise, the services will help SMEs become more robust to cyber threats. These developments and strategies are allowing the market for information security consulting to grow.

(Source- https://newsroom.accenture.com/news/2022/vodafone-teams-with-accenture-to-offer-managed-security-services-to-small-and-medium-sized-businesses-in-germany)

Top Companies Market Share in Information Security Consulting Industry: (In no particular order of Rank)

• Ernst & Young Global Limited
• International Business Machines Corporation
• Accenture PLC
• Deloitte
• Atos SE
• KPMG
• Capgemini
• IBM
• Cognizant
• Centric Consulting
• Fish Net Security
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Which Region will dominate the Market in 2024, and Which Region is Expanding at the Fastest CAGR?

The Asia-Pacific region has the largest market share with an expected market size of XX million in 2024 with a growing CAGR of XX% during the forecast period. Over the course of the forecast period, the demand for information security consulting services is anticipated to be driven by the increasing digitization of the BFSI sector throughout Asia. Banks are eager to implement services and solutions for the network's security, endpoint devices, apps, and databases to handle this abrupt, massive change. The region's growing cyberattacks have compelled the participants to bolster their defenses. However, as public cloud computing becomes more widely used, more businesses are moving their internal business processes to cloud platforms. The market for information security consulting is anticipated to grow as a result of concerns about tenant isolation, data security, access control, etc. 

North America is the fastest growing with an expected market size of XX million in 2024 with a growing CAGR of XX% during the forecast period. The demand for cloud application security solutions in the region is driven by the increase in high-section security breaches. Market expansion is aided by the proliferation of online e-commerce platforms in nations like the United States and Canada. To provide businesses with improved security measures, the government employs cutting-edge network security methods. The adoption of security solutions is aided by the increasing end-user investment and the strong demand for business security solutions. Hence, the market will be growing significantly in the coming years.
 

The current report Scope analyzes Information Security Consulting Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

Information Security Consulting Market Analysis

By Type 

Cloud Security has the largest market share with an expected market size of XX million in 2024 with a growing CAGR of XX% during the forecast period. The collection of cybersecurity safeguards used to safeguard cloud-based infrastructure, data, and applications is known as cloud security. This involves protecting cloud environments against insider threats, unauthorized access, and internet attacks by implementing security policies, practices, controls, and other technologies including identity and access management and data loss prevention systems. The majority of cloud service providers (CSPs) operate under the shared responsibility paradigm, which implies that both the user and the cloud provider are accountable for putting cloud computing security into practice. Moreover, various companies’ strategies and developments are also promoting market growth. For instance, EY declared in April 2022 that it has expanded its partnership with CrowdStrike, a pioneer in cloud-delivered endpoint, cloud workload, identity, and data security, to include India. The partnership wants to smoothly incorporate risk management and cybersecurity activities into the business. Therefore, the market is growing significantly in the coming years. 
(Source-https://www.ey.com/en_in/news/2022/04/ey-announces-a-strategic-alliance-with-crowdstrike-in-india-to-help-organizations-mitigate-cyber-risks)

Fireball Management is the fastest growing with an expected market size of XX million in 2024 with a growing CAGR of XX% during the forecast period. The process of setting up and keeping an eye on a firewall to ensure a safe network is known as firewall management. For the protection of private networks in both home and professional settings, firewalls are essential. Typically, an organization's network and devices are protected by a variety of firewalls. Setting rules and policies, keeping track of modifications, and keeping an eye on compliance logs are all part of managing these firewalls. Monitoring user access to firewall settings is also a part of it. The firewall's efficient and safe operation is guaranteed by the configuration. A firewall is used by any size company with a private network to safeguard its systems. Hence, the market is expected to grow in the coming years.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Information Security Consulting Industry. Request a Free Sample PDF!

By Deployment 

The cloud segment has the largest market share with an expected market size of XX million in 2024 with a growing CAGR of XX% during the forecast period. Users may now manage distributed IT infrastructures and benefit from a plethora of additional features with a cloud-based solution, owing to the growing popularity of cloud management solutions. The notable expansion can be ascribed to businesses moving from on-premises solutions to cloud platforms. The segment is growing since cloud-based solutions are also affordable and simple to implement and maintain. The ability to access solutions remotely from a variety of devices is another feature of cloud technology that is expected to propel the segment's growth. Therefore, the market is expected to grow significantly in the coming years.

The on-premises segment is the fastest growing with an expected market size of XX million in 2024 with a growing CAGR of XX% during the forecast period. On-premises are crucial to the company since they are centered on the actual setting. A physical location is where an on-premise solution, also known as on-prem security, is kept, usually in the same building as the security systems. Data from security cameras, access control systems, sensors, and alarms sent over an internal network are captured and stored by recorders or on-premise servers. Energy requirements for running the storage devices and any related cooling systems will also arise from on-premise settings. The quantity of feeds from each security component determines the size and number of on-premises servers or recorders. Hence, the market is growing significantly in the coming years.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Information Security Consulting Organization Size Segment Analysis

By Organization Size 

Large Enterprise has the largest market share with an expected market size of XX million in 2024 with a growing CAGR of XX% during the forecast period. The industry is expanding as a result of large businesses investing more in IT infrastructure to bolster digital security and safeguard the massive amounts of data stored. Additionally, because they have several servers, storage devices, endpoints, and networks, large businesses are more susceptible to significant financial losses brought on by cyberattacks. Large businesses are concentrating on implementing cybersecurity solutions to safeguard their data and promote market expansion to prevent such problems. Hence, the market is growing. 

Small and Medium enterprises are the fastest growing with an expected market size of XX million in 2024 with a growing CAGR of XX% during the forecast period. SMEs are particularly susceptible to cyberattacks because of their poor degree of security and budgetary constraints. Employee incompetence and a lack of security policies also leave them vulnerable to cyberattacks. To overcome these obstacles and assist the expansion of the industry, SMEs turn to security consulting, which shields them from the financial losses resulting from harmful software assaults and data breaches. Therefore, the market will be growing rapidly in the coming years. 
 

• Large Organization
• Small and Medium Organization size

Information Security Consulting End User Segment Analysis

By End User 

The BFSI segment has the largest market share with an expected market size of XX million in 2024 with a growing CAGR of XX% during the forecast period. Various unique problems set the BFSI industry apart from other end customers in the usage of information security consulting. The main reasons for using information security consulting services are these difficulties. Because the industry's data is so sensitive, fraudsters target it more than any other sector. The industry is often subjected to complex and persistent attacks, such as ransomware, file-less malware, injection attacks, social engineering, phishing, and malware. For instance, Accenture projects that financial services companies lose, on average, USD 18 million a year. The stakes for compliance are significantly higher for financial firms. A breach in financial information security exposes the company to penalties, legal costs, and lost revenue. Ransomware and zero-day attacks are both becoming more frequent.  Signature-less and fileless malware, which operate differently from other malicious programs by taking advantage of basic operations to conceal their actions, are among the most frequent malware attacks that the banking sector faces. The growing frequency of cyberattacks in the sector encourages the use of security consultancy, which supports market expansion. (Source- https://newsroom.accenture.com/news/2019/cost-of-cybercrime-continues-to-rise-for-financial-services-firms-according-to-report-from-accenture-and-ponemon-institute)
 

• Banking
• Financial Services (BFSI)
• and Insurance
• IT and Telecom
• Aerospace
• Defence
• Healthcare

Author's Detail

Vinayak Bali

Senior Research Analyst at Cognitive Market Research

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Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modeling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.

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