글로벌 정보 보안 컨설팅 시장 – 2023-2030

Overview
Global Information Security Consulting Market reached US$ 24.1 billion in 2022 and is expected to reach US$ 39.6 billion by 2030, growing with a CAGR of 10.7% during the forecast period 2023-2030.
The proliferation of cyber threats, including data breaches, ransomware attacks and advanced cyberattacks, has increased the demand for information security consulting services. Organizations need expert guidance to defend against these threats effectively. Governments and regulatory bodies worldwide have imposed strict data protection and cybersecurity regulations. Compliance with these regulations requires organizations to invest in security measures and seek consulting services to ensure compliance.
For instance, on 6 July 2022, Ping Identity appointed Deloitte Australia as a Consulting Technology Partner to combine its identity security solutions with Deloitte's consulting services. The partnership will provide Australian businesses with strategies to enhance access to various applications across hybrid enterprise environments and aims to address the growing demand for Zero Trust identity security and support risk mitigation and identity management requirements for businesses in Australia.
North America is expected to develop an excellent growth rate during the forecast period, making more than 1/3rd of the global market in 2022. North America has an expanding cyber threat landscape, driving the demand for information security consulting services. Stringent data protection and cybersecurity regulations such as HIPAA, GDPR and CCPA require organizations to invest in security measures and consulting services to ensure compliance.
Dynamics
IoT Security Solutions Boost the Market
IoT ecosystems are complex, involving a multitude of devices, sensors, networks and platforms. Consulting services are required to assess, design and implement comprehensive security measures tailored to the specific IoT environment. IoT devices are often susceptible to security vulnerabilities and attacks. Security consultants help organizations identify these vulnerabilities and implement mitigation strategies to protect IoT deployments.
In 2021, According to the report by Canadian Cyber Threat Intelligence, the convergence of information technology, operational technology and consumer technology is opening up new business opportunities while simultaneously increasing cybersecurity risks. As they operate in a connected, data-driven environment, businesses are increasingly looking into the potential of the Internet of Things (IoT).
Partnerships Between Various Consulting Firms
The escalating frequency and sophistication of cyberattacks have created a growing demand for security expertise. Consulting firms partner with technology providers to offer comprehensive solutions that address evolving threats. The complexity of modern IT environments, including cloud, IoT and mobile devices, requires specialized knowledge. Partnerships allow consulting firms to tap into the expertise of technology vendors to deliver holistic security services.
For instance, on 7 March 2022, Vodafone Germany and Accenture joined forces and offer managed security services to small and medium-sized enterprises in Germany and these services aim to enhance SMEs' resilience against cyber threats by providing cybersecurity expertise and talent. The partnership helps SMEs to identify security vulnerabilities, respond to and recover from cyberattacks and this partnership aims to make high-quality security solutions.
Government Initiatives in the Prevention of Cyber Crimes
Governments worldwide are undergoing digital transformation initiatives, which involve the digitization of services, data and infrastructure and this offers several benefits, it also exposes government entities to new cyber risks, driving the need for expert guidance. Governments are imposing stricter regulations related to data protection and privacy. Compliance with these regulations is a top priority and information security consultants play a crucial role in helping government agencies adhere to these standards.
For instance, on 5 September 2023, The Indian Constitution designates "Police" and "Public Order" as State subjects, meaning that states and union territories are primarily responsible for preventing, detecting, investigating and prosecuting cybercrimes through their Law Enforcement Agencies (LEAs). The Ministry of Home Affairs provides financial assistance to all states and union territories under the Cyber Crime Prevention against Women & Children scheme.
Expensive and Short-Term Solutions
Engaging information security consultants can be expensive, especially for smaller organizations or government agencies with limited budgets. It can be extremely costly to hire specialists, conduct assessments and put recommended security measures in place. Organizations may rely excessively on consultants from the outside to meet their security demands, which could result in a lack of internal expertise and a reliance on outside parties for crucial security choices and activities.
Consultants often provide short-term solutions and recommendations. While these can address immediate security issues, they may not offer long-term, sustainable security strategies. Organizations may need to continually engage consultants for ongoing support. External consultants may not fully understand an organization's internal operations, culture or specific industry challenges and this can result in recommendations that are not well-aligned with the organization's unique needs.
Segment Analysis
The global information security consulting market is segmented based on type, deployment mode, 0rganization size, end-user and region.
Shifts Towards Adoption of Cloud Infrastructure
Cloud deployment is expected to be the leading deployment mode in the global market by 2022, accounting for more than 1/3rd of the market. Many cloud service providers, hybrid configurations and various software-as-a-service applications are components of complex cloud systems. Businesses are progressively moving their IT infrastructure and applications to the cloud in order to benefit from its scalability, cost-effectiveness and flexibility.
For instance, on 21 September 2023 oracle announced plans to form an industry consortium to develop an open framework for network and data security, with its aim on securing data during cloud migration. The plan addresses the growing need for robust data security as organisations migrate to cloud environments. Oracle will work with big technological companies such as Applied Invention and global consulting firm Nomura Research Institute.
Geographical Penetration
Organizations in Asia-Pacific Majorly Focus on Security Risk
Asia-Pacific is expected to be the fastest growing region in the global information security consulting market covering less than 1/4thof the market. Asia-Pacific organizations are embracing digital transformation initiatives, adopting cloud technologies, IoT and AI-driven solutions and these transformations introduce new security challenges, requiring consulting services to ensure secure digital transitions. Organizations are increasingly focusing on managing the security risks associated with third-party vendors and partners.
For instance, on 20 September 2023, Fujitsu Limited and Fujitsu Australia Limited announced their plans to acquire MF & Associates, a digital transformation consultancy based in Australia and this acquisition is part of Fujitsu's strategic global merger and acquisition plan, focusing on strengthening its business delivery capabilities, particularly in key areas like technology and cybersecurity consulting, with a specific emphasis on the public sector.
Competitive Landscape
The major global players in the market include Ernst & Young Global Limited, Accenture plc, Atos SE, Deloitte Touche Tohmatsu Limited, KPMG International Cooperative, PricewaterhouseCoopers, Hewlett Packard Enterprise Development LP, Wipro Limited, Cisco Systems, Inc. and Fortinet, Inc.
COVID-19 Impact Analysis
The sudden shift to remote work and increased online activities, cybercriminals have exploited vulnerabilities and this led to a surge in cyberattacks, including phishing scams, ransomware attacks and data breaches. Information security consultants have been in high demand to help organizations strengthen their cybersecurity defenses. Information security consultants played a crucial role in ensuring that these transformations were carried out securely, from cloud migrations to the adoption of new collaboration tools.
Information security consultants had to adapt to remote consulting practices like many other professions and they needed to provide their expertise and services without physical presence, relying on virtual meetings, remote assessments and secure communication tools. remote work organizations invested more in training employees on cybersecurity best practices. Consultants were often involved in developing and delivering training programs to educate remote workers about security risks and protocols.
Disruptions in supply chains highlighted the importance of securing the digital aspects of supply chain operations. Consultants were called upon to assess and enhance the security of supply chain networks. Some regions introduced new regulations related to data privacy and security during the pandemic. Information security consultants helped organizations navigate these regulatory changes and ensure compliance.
AI Impact
AI-powered tools and algorithms leads to analyze vast amounts of data in real time to detect and respond to security threats more effectively than traditional methods. Security consultants use AI-driven threat detection to identify and mitigate vulnerabilities quickly. AI can automate the process of analyzing an organization's security infrastructure. Consultants can use AI to assess an organization's network, applications and systems, identifying weaknesses and suggesting improvements.
AI enables the monitoring of user and network behavior to detect anomalies. Consultants leverage AI-driven behavioral analytics to identify potential insider threats and unauthorized access. Security consultants use predictive analytics to proactively address security risks before they become critical. Penetration testing, a key component of security consulting, benefits from AI-driven tools that can simulate cyberattacks more accurately and identify vulnerabilities efficiently.
In June 2023, according to the news by UK Cyber Chief for the prevention of vulnerabilities and cyberattacks the director of UK National Cyber Security Center, Lindy Cameron underlined that security should be the first priority while developing artificial intelligence systems. AI systems are designed and have a security forecast from the beginning and the AI industries also combines to contribute significantly to the UK economy.
Russia- Ukraine War Impact
Geopolitical conflicts often lead to an uptick in cyberattacks and cyber espionage activities. Information security consultants may witness increased demand for their services as organizations seek to bolster their cybersecurity defenses to protect against potential state-sponsored attacks or other cyber threats originating from the region. The war has disrupted supply chains, which can have implications for information security.
Consultants may be called upon to assess and enhance the cybersecurity posture of organizations' supply chain partners to mitigate risks associated with disruptions and potential vulnerabilities. Consultants can help evaluate the potential cybersecurity risks associated with geopolitical developments and provide recommendations for risk mitigation. Given the potential for cyber incidents related to the conflict organizations may turn to consultants for incident response planning and preparedness.
By Type
• Security and Compliance
• Firewall Management
• Email
• Cloud Security
By Deployment Mode
• Cloud
• On-Premises
By Organization Size
• Small and Medium Enterprises
• Large Enterprises
By End-User
• Banking
• Financial Services
• Insurance
• IT and Telecom
• Aerospace and Defense
• Others
By Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Italy
o Russia
o Rest of Europe
• South America
o Brazil
o Argentina
o Rest of South America
• Asia-Pacific
o China
o India
o Japan
o Australia
o Rest of Asia-Pacific
• Middle East and Africa
Key Developments
• In January 2022, Hewlett Packard Enterprise (HPE), an America multinational IT company, entered into a Memorandum of Understanding (MOU) with the UAE Cyber Security Council to enhance cybersecurity skills training in schools and universities in the UAE.
• In April 2022, EY, a consulting, assurance, tax and transaction services company, expanded its alliance with CrowdStrike, an American cybersecurity technology company, to include India, aiming to integrate cybersecurity operations and risk management seamlessly into enterprises. India's rapidly evolving cybersecurity landscape has led to increased demand for robust cyber defense mechanisms due to the growing risk exposure.
• In August 2021, Atos, an European multinational IT service and consulting firm, partnered with Daiwabo Information System (DIS), a prominent distributor of IT-related products in Japan, to distribute its cybersecurity products within the country and this marks Atos' first cybersecurity distribution agreement in Japan and is a significant move to expand its international channel strategy and partner network.
Why Purchase the Report?
• To visualize the global information security consulting market segmentation based on type, deployment mode, 0rganization size, end-user and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of information security consulting market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.
The global information security consulting market report would provide approximately 69 tables, 69 figures and 203 pages.
Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies