The security advisory services market is expected to reach USD 25.05 Billion by 2026, according to a new report by Reports and Data. The growing dependence on cloud services to manage, store, and recover organization data has driven demand in the global market for security advisory services. Moreover, the crisis of cyber-attacks and fraud of fundamental individual or organization data has also directed to the growth of the worldwide market for security advisory services. The complexities of organizations and organizations have been growing alongside the development of new technologies. Hence, there is a requirement to deploy a system that centrally safeguards and secures the critical assets of several individual or organizational entities.

Security advisory services assisted organizations ensure their business-critical infrastructure from advanced cyber-attack vectors efficiently. Security advisory service vendors include a team of security professionals with various backgrounds and widespread consulting experience in the information security domain.

The market in the Asia Pacific region is anticipated to witness the highest CAGR of 17.9% during the forecast period. Expanded spend on digitization has propelled the demand for IT Services, particularly around Systems Integration. The rapidly-growing services included Hosted Application Management and Hosting Infrastructure Services, followed by IT consulting and Application Management.

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Further key findings from the report suggest
The Security Advisory Services Market is estimated to reach USD 25.05 Billion by 2026, at a CAGR of 17.5% during the forecast period.
The large enterprises accounted for a larger share of 65.8% of the market in 2018.
The market merchants are adding developments consistently to their services to secure the associations, and gathering money and financial industries, against cutting edge digital dangers. Globally, the adoption of security advisory services is growing because of the rise in security breaks focusing on endeavors.
The BFSI application segment accounted for the largest share of 31.5% of the market in 2018.
The penetration testing service type is expected to witness the highest CAGR of 18.5% during the forecast period.
The largest share is accounted by the North America region with a share of 31.3% of the market in 2018. The technological shifts in IT have led to constant improvements in the region. Moreover, the rising complexity in IT infrastructure, an expanding number of cyber-attacks, and the need to suffice compliance requirements are some of the principal driving factors for the growth of the market in this region.
Various players are developing strategies to mark their presence in the industry.
PwC partnered with Microsoft in April 2018, to concentrate on IAM, Enterprise Security Architecture (ESA), Cloud Application Security (CAS), information protection, and threat and vulnerability management.
The Key players in the Security Advisory Services Market include Cisco systems, DXC Technology Company, Ernst & Young, Column Information Security, Delloite, PwC, DeltaRisk, KPMG, Security Compass, TCS, CybeRisk, Novacoast, and Kudelski Security.

The report covers a comprehensive analysis of the impact of the COVID-19 pandemic on the global market. The pandemic has adversely impacted the businesses and industries due to stringent government policies on social restrictions, transportation bans, and disruption in production and product supply chains. The report provides a comprehensive analysis of the pandemic’s impact on the global market and offers key insights into ways to circumvent the negative effect of the pandemic.

Market Segmentation:
The global Security Advisory Services market report covers a detailed analysis of the market segmentation to provide key insights into the scope of the market expansion. The global Security Advisory Services market has been segregated on the basis of product types, applications, end-users, and key regions of the industry.

Organization Size Outlook (Revenue, USD Billion ; 2016-2026)
Large enterprises
Small and Medium-sized Enterprises (SMEs)

Service Type Outlook (Revenue, USD Billion ; 2016-2026)
CISO advisory and support services
Penetration Testing
Vulnerability Management
Risk Management Strategy
Incident Response
Others

Application Outlook (Revenue, USD Billion ; 2016-2026)
BFSI
Manufacturing
IT and Telecommunication
Energy and Power
Others

Regional Analysis:
The regional bifurcation of the Security Advisory Services market report is a comprehensive segment that covers a thorough analysis of the market dynamics and offers critical insights on import/export ratio, supply and demand dynamics, revenue share, market size, market share, industry analysis, production and consumption patterns, and the current and emerging trends of each region. The report also offers a country-wise analysis to confer a better understanding of the market.

The prominent geographical regions of the market include:
North America (U.S., Canada, Mexico)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Competitive Landscape:
The global Security Advisory Services market report covers a comprehensive overview of the market’s competitive landscape, providing a detailed analysis of the company profile, product portfolio, market position, global network, revenue share, profit margins, technological and product advancements, and SWOT analysis of each player. The report also provides extensive insights into strategic business expansions such as mergers & acquisitions, collaborations, corporate deals, distribution partnerships, and product launches, among others.

Key Highlights from the Report:
Detailed overview of the Security Advisory Services market in the forecast years
Accurate estimation through in-depth analysis of key market trends and features
Extensive regional analysis and insights regarding the regions projected to exhibit lucrative growth
Comprehensive analysis of the competitive landscape
Study of the recent development and trends in the market

Highlights of the TOC:
Report Overview
1.1 Research Scope
1.2 Key Security Advisory Services market segments
1.3 Major players
1.4 Market analysis by product
1.5 Market analysis by application
1.6 Report timeline
Global Growth Trends
2.1 Global Security Advisory Services market size
2.2 Latest Security Advisory Services market trends
2.3 Key growth trends
Competitive Landscape
3.1 Global Security Advisory Services market key players
3.2 Global Security Advisory Services size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Security Advisory Services market
3.5 Mergers, acquisitions, joint ventures, and strategic alliances
Continue…

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