Security Advisory Services

Global Security Advisory Services Market to Reach US$47.1 Billion by 2030

The global market for Security Advisory Services estimated at US$21.5 Billion in the year 2024, is expected to reach US$47.1 Billion by 2030, growing at a CAGR of 14.0% over the analysis period 2024-2030. Large Enterprises, one of the segments analyzed in the report, is expected to record a 11.4% CAGR and reach US$25.3 Billion by the end of the analysis period. Growth in the SMEs segment is estimated at 17.7% CAGR over the analysis period.

The U.S. Market is Estimated at US$5.9 Billion While China is Forecast to Grow at 13.0% CAGR

The Security Advisory Services market in the U.S. is estimated at US$5.9 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$7.1 Billion by the year 2030 trailing a CAGR of 13.0% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 12.3% and 11.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 10.2% CAGR.

Global Security Advisory Services Market - Key Trends and Drivers Summarized

Security Advisory Services: Are They the Key to Navigating the Complex Cybersecurity Landscape?

Security advisory services are becoming increasingly vital for organizations as they navigate the complex cybersecurity landscape characterized by evolving threats and regulatory pressures. These services provide expert guidance on identifying vulnerabilities, assessing risks, and developing comprehensive cybersecurity strategies tailored to specific organizational needs. As cyber threats become more sophisticated and frequent, organizations across sectors such as finance, healthcare, retail, and government are seeking specialized advisory services to strengthen their security posture and ensure compliance with data protection regulations like GDPR, HIPAA, and CCPA. Security advisory services also include threat intelligence, incident response planning, and cybersecurity training to help organizations stay ahead of potential threats and minimize the impact of security breaches. With the rising focus on digital transformation and cloud adoption, security advisory services are becoming indispensable for enterprises looking to protect their digital assets and maintain business continuity.

How Are Technological Developments Shaping Security Advisory Services?
Technological advancements in threat intelligence, risk assessment, and incident response are significantly shaping the evolution of security advisory services. Modern security advisory firms are increasingly leveraging AI and ML to provide more accurate and proactive threat detection and risk assessment capabilities. These technologies enable the analysis of vast amounts of data to identify patterns and predict potential threats, helping organizations prioritize and mitigate risks more effectively. The integration of cloud-based platforms and tools is also enhancing the delivery of security advisory services, allowing for real-time collaboration, monitoring, and reporting. Additionally, advancements in threat intelligence platforms and cyber risk quantification models are providing organizations with more actionable insights to enhance their cybersecurity strategies. These technological developments are making security advisory services more dynamic, responsive, and aligned with the rapidly changing cybersecurity landscape.

Which Market Segments Are Driving the Adoption of Security Advisory Services?
The security advisory services market is segmented by service type, end-use industry, organization size, and region. Service types include risk management, compliance management, incident response, threat intelligence, and cybersecurity training. Risk management and compliance management are the largest segments, driven by the increasing need to comply with data protection regulations and manage cyber risks effectively. The financial services sector is a major adopter of security advisory services, given its high exposure to cyber threats and regulatory scrutiny. Other significant end-users include healthcare, government, energy, and retail sectors, where data security and risk management are critical. Large enterprises continue to be the primary users of security advisory services due to their complex IT environments and higher risk exposure. However, SMEs are also increasingly adopting these services to enhance their cybersecurity posture in a cost-effective manner.

What Are the Key Drivers of Growth in the Security Advisory Services Market?
The growth in the security advisory services market is driven by several factors, including the increasing frequency and sophistication of cyber attacks, the growing need for regulatory compliance, and the rising demand for digital transformation and cloud security strategies. The proliferation of advanced persistent threats (APTs) and targeted attacks is compelling organizations to seek expert guidance on risk management and threat mitigation. The expanding regulatory landscape, with stringent data protection laws, is driving the demand for compliance management and advisory services. Technological advancements in AI, ML, and threat intelligence are enhancing the effectiveness of security advisory services, making them more proactive and data-driven. The increasing adoption of cloud and digital technologies is also creating new opportunities for advisory services focused on securing cloud environments and digital assets. Additionally, the emphasis on employee training and awareness to combat human-related cyber risks is further supporting market growth.

SCOPE OF STUDY:

The report analyzes the Security Advisory Services market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Organization Size (Large Enterprises, SMEs); Vertical (BFSI, IT & Telecom, Government, Healthcare, Energy & Power, Other Verticals)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Select Competitors (Total 11 Featured) -

• Coalfire Systems, Inc.
• CybeRisk Security Solutions
• Deloitte Touche Tohmatsu Ltd.
• Delta Risk LLC
• Ernst & Young Global Limited
• eSentire Inc.
• KPMG International Cooperative
• Kudelski Security
• Novacoast
• PWC
• Security Compass
• Tata Consultancy Services Ltd.

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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