Global Security Advisory Services Market is estimated to reach a market size worth US$29.167 billion

NOIDA, India - May 2, 2022 - PRLog -- Significant drivers driving the market's growth include the need to boost the agility of corporate processes without losing security, the sophistication of cyber-attacks, and the requirement to conform to regulatory compliances.

As per the report, the Global Security Advisory Services Market (https://www.knowledge-sourcing.com/report/global-security-advisory-services-market) is projected to grow at a CAGR of 21.33% to reach US$29.167 billion by 2025, from US$9.143 billion in 2019.

Security advisory services provide a broad array of consulting services aimed at improving a company's existing security architecture depending on specific business needs. Customers can work with market vendors to do a full evaluation to identify any potential threats to their business or organization, as well as establish a security plan and implementation strategy to protect against potential loss or damage in the case of a crisis.

Organizations require security advisory services to ensure that data and important information are protected by industry rules and mandates. New regulatory compliances are projected to be imposed globally as a result of the rising adoption of cloud computing services, which bring the advantages of flexibility and scalability. As a result, numerous security advice service providers are going to contribute significantly to fulfilling the expanding compliance expectations.

Based on end-user, the technology and communications industry are expected to grow significantly throughout the projected period, owing to the large volumes of user data created, which is leading to a better and faster implementation of a variety of ICT solutions. Furthermore, the military and defense industry is expected to grow in importance throughout the projection period, owing to growing concerns about security and sensitive information about the country's diverse technologies and assets.

In the global security advisory services market, the Chief Information Security Officer Advisory and Support (CISO) category is predicted to develop at the fastest CAGR.

Because of the rising occurrences of data theft and the well-positioned Technology and Communications Industry, the North American area is expected to have a significant market share rise over the projection period. Due to increased usage in the BFSI industry and government efforts, the Asia Pacific region is expected to increase its market share throughout the forecast period.

As a part of the report, the major players operating in the Global Security Advisory Services market, that have been covered are PWC, EY, Deloitte, KPMG, Kudelski Security, Coalfire, Delta Risk, eSentire, Novacoast, TCS.

View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/global-security-advisory-services-market