Cybersecurity Consulting Market by Product Type (Cyber Strategy and Assessment, War gaming and Testing, Others), Application Type (Large Enterprises, SMEs), by Types (Cyber Security Services, Cyber Security Consulting) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2024-2035
- PUBLISHED ON
- 9/1/2022
- NO OF PAGES
- 262
- CATEGORY
- Banking & Finance
In 2021, the market for Cybersecurity Consulting Market worldwide was worth $ 18.67 billion for the year 2021. AMR Group projects that the market will reach US$ 37.25 billion by 2031, growing at a CAGR of 7.2 % between 2022 and 2031. We are constantly tracking and evaluating the pandemic's direct and indirect effects, taking into account the uncertainties of COVID-19. The report includes these insights as a significant market contributor.
Industry Overview
This market has always shown above-average growth rates because to the constant influx of new cyber threats, and 2019's 11% growth was no exception. Additionally, this was a market that experienced tremendous growth at the height of the pandemic in 2020; according to our estimates, the growth rate doubled to 24%. The causes behind this are clear. A significant acceleration in the adoption of new cybersecurity software, processes, and protocols was caused by the widespread shift of business to remote work, the explosion of online shopping and home delivery, the requirement for some organizations to share data with partner organizations, and the need for others to significantly increase the level of protection they applied to personal data.
Market Dynamics
The increased compliance requirements that are imposed on businesses by governments are another factor that contributes to the expansion of the cyber risk market. Companies in Europe were first provided with a data and privacy protection framework by the General Data Protection Regulation (GDPR). California's Consumer Privacy Act (CCPA) and Brazil's Lei General de Protecao de Dados (LGPD) became law in 2018 and 2020, respectively, and other nations soon followed suit. In the past, businesses have shown little concern for customers' privacy or the security of their data. Since people are more aware of their privacy, this situation has changed a lot. Organizations are becoming increasingly aware of the significance of cyber risk management as a result of privacy laws, compliance regulations, and widespread coverage and scrutiny following serious privacy scandals. Compliance with these regulatory frameworks contributes to an increase in demand for cyber risk consultants, particularly when organizations are subjected to increased pressure from individuals, the media, and regulatory authorities. The market for cybersecurity consultants will only expand significantly as more nations pass consumer privacy laws.
COVID Impact
As the COVID-19 pandemic has induced new financial pressures on organizations, the natural response of many firms was to cut the cybersecurity budget - a general trend in 2020. On the other hand, cyber threats have increased in frequency and sophistication during the pandemic. Malicious actors are capitalizing on the prevailing uncertainty and fear surrounding the outbreak to their advantage. When tainted by a devastating pandemic, the cybersecurity consulting market forecast is far from being a straightforward undertaking.
Cybersecurity professionals observed a 63 percent increase in cyber-attacks related to the COVID-19 pandemic, according to a survey released by the Information Systems Security Association (ISSA) and independent industry analyst firm Enterprise Strategy Group. The COVID-19 pandemic has provided a once-in-a-lifetime opportunity for hackers and online scammers (ESG). ESG and ISSA performed an extensive poll in April 2020 as a point in time evaluation of the issues faced by the pandemic as the global impact of COVID-19 began to manifest itself in the middle of March.
Regional Trend
The 2020 growth rates are essentially consistent across regions. The percentage increased from 21% in Europe and the Middle East, where earlier investment in this area meant that clients were reasonably well-protected, to 26% in the relatively small and developing African market, where the shift to virtual working and living started from a weaker basis. On the other hand, the developed and well-prepared North American market, which reflects the size of the financial services sector in this region, also had high growth of 26%. Although the African market may be lagging behind, the goal it is pursuing is also moving.
Competitive Landscape
The report includes competitive landscape based on the extensive assessment of the product portfolio offering, geographic presence, and key strategic developments adopted by the leading market players in the industry over the past 5 years. The key players profiled in the Cybersecurity Consulting Market research report are Deloitte, Booz Allen, Leidos Cyber, BAE Systems, Clearwater Compliance, Raytheon, Sera-Brynn, Lockheed Martin, RSA, PwC, SecureWorks, Proofpoint
By Product
· Cyber Strategy and Assessment
· Wargaming and Testing
· Others
By types
· Cyber Security Services
· Cyber Security Consulting
By Application
· Large Enterprises
· SMEs
Key Points:Define, describe and forecast Cybersecurity Consulting product market by type, application, end user and region.
Provide enterprise external environment analysis and PEST analysis.
Provide strategies for company to deal with the impact of COVID-19.
Provide market dynamic analysis, including market driving factors, market development constraints.
Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.
Historic Year: 2016-2022
Forecast: 2024-2035
1 Cybersecurity Consulting Market Definition and Overview
1.1 Objectives of the Study
1.2 Overview of Cybersecurity Consulting
1.3 Cybersecurity Consulting Market Scope and Market Size Estimation
1.4 Market Segmentation
1.4.1 Types of Cybersecurity Consulting
1.4.2 Applications of Cybersecurity Consulting
1.5 Market Exchange Rate
2 Research Method and Logic
2.1 Methodology
2.2 Research Data Source
3 Market Competition Analysis
3.1 Akamai Technologies Market Performance Analysis
3.1.1 Akamai Technologies Basic Information
3.1.2 Product and Service Analysis
3.1.3 Strategies for Company to Deal with the Impact of COVID-19
3.1.4 Akamai Technologies Sales, Value, Price, Gross Margin 2016-2021
3.2 SAINT Market Performance Analysis
3.2.1 SAINT Basic Information
3.2.2 Product and Service Analysis
3.2.3 Strategies for Company to Deal with the Impact of COVID-19
3.2.4 SAINT Sales, Value, Price, Gross Margin 2016-2021
3.3 BAE Systems Market Performance Analysis
3.3.1 BAE Systems Basic Information
3.3.2 Product and Service Analysis
3.3.3 Strategies for Company to Deal with the Impact of COVID-19
3.3.4 BAE Systems Sales, Value, Price, Gross Margin 2016-2021
3.4 BlackBerry Market Performance Analysis
3.4.1 BlackBerry Basic Information
3.4.2 Product and Service Analysis
3.4.3 Strategies for Company to Deal with the Impact of COVID-19
3.4.4 BlackBerry Sales, Value, Price, Gross Margin 2016-2021
3.5 Symantec Market Performance Analysis
3.5.1 Symantec Basic Information
3.5.2 Product and Service Analysis
3.5.3 Strategies for Company to Deal with the Impact of COVID-19
3.5.4 Symantec Sales, Value, Price, Gross Margin 2016-2021
3.6 OneNeck IT Solutions Market Performance Analysis
3.6.1 OneNeck IT Solutions Basic Information
3.6.2 Product and Service Analysis
3.6.3 Strategies for Company to Deal with the Impact of COVID-19
3.6.4 OneNeck IT Solutions Sales, Value, Price, Gross Margin 2016-2021
3.7 Daniel J. Edelman Holdings Market Performance Analysis
3.7.1 Daniel J. Edelman Holdings Basic Information
3.7.2 Product and Service Analysis
3.7.3 Strategies for Company to Deal with the Impact of COVID-19
3.7.4 Daniel J. Edelman Holdings Sales, Value, Price, Gross Margin 2016-2021
3.8 Sophos Market Performance Analysis
3.8.1 Sophos Basic Information
3.8.2 Product and Service Analysis
3.8.3 Strategies for Company to Deal with the Impact of COVID-19
3.8.4 Sophos Sales, Value, Price, Gross Margin 2016-2021
3.9 Schneider Electric Market Performance Analysis
3.9.1 Schneider Electric Basic Information
3.9.2 Product and Service Analysis
3.9.3 Strategies for Company to Deal with the Impact of COVID-19
3.9.4 Schneider Electric Sales, Value, Price, Gross Margin 2016-2021
3.10 QinetiQ Market Performance Analysis
3.10.1 QinetiQ Basic Information
3.10.2 Product and Service Analysis
3.10.3 Strategies for Company to Deal with the Impact of COVID-19
3.10.4 QinetiQ Sales, Value, Price, Gross Margin 2016-2021
3.11 Boeing Market Performance Analysis
3.11.1 Boeing Basic Information
3.11.2 Product and Service Analysis
3.11.3 Strategies for Company to Deal with the Impact of COVID-19
3.11.4 Boeing Sales, Value, Price, Gross Margin 2016-2021
3.12 McAfee Market Performance Analysis
3.12.1 McAfee Basic Information
3.12.2 Product and Service Analysis
3.12.3 Strategies for Company to Deal with the Impact of COVID-19
3.12.4 McAfee Sales, Value, Price, Gross Margin 2016-2021
3.13 Lockheed Martin Market Performance Analysis
3.13.1 Lockheed Martin Basic Information
3.13.2 Product and Service Analysis
3.13.3 Strategies for Company to Deal with the Impact of COVID-19
3.13.4 Lockheed Martin Sales, Value, Price, Gross Margin 2016-2021
3.14 Mythics Market Performance Analysis
3.14.1 Mythics Basic Information
3.14.2 Product and Service Analysis
3.14.3 Strategies for Company to Deal with the Impact of COVID-19
3.14.4 Mythics Sales, Value, Price, Gross Margin 2016-2021
3.15 Check Point Software Technologies Market Performance Analysis
3.15.1 Check Point Software Technologies Basic Information
3.15.2 Product and Service Analysis
3.15.3 Strategies for Company to Deal with the Impact of COVID-19
3.15.4 Check Point Software Technologies Sales, Value, Price, Gross Margin 2016-2021
3.16 CGI Market Performance Analysis
3.16.1 CGI Basic Information
3.16.2 Product and Service Analysis
3.16.3 Strategies for Company to Deal with the Impact of COVID-19
3.16.4 CGI Sales, Value, Price, Gross Margin 2016-2021
3.17 Raytheon Market Performance Analysis
3.17.1 Raytheon Basic Information
3.17.2 Product and Service Analysis
3.17.3 Strategies for Company to Deal with the Impact of COVID-19
3.17.4 Raytheon Sales, Value, Price, Gross Margin 2016-2021
3.18 VMware Market Performance Analysis
3.18.1 VMware Basic Information
3.18.2 Product and Service Analysis
3.18.3 Strategies for Company to Deal with the Impact of COVID-19
3.18.4 VMware Sales, Value, Price, Gross Margin 2016-2021
4 Market Segment by Type, Historical Data and Market Forecasts
4.1 Global Cybersecurity Consulting Production and Value by Type
4.1.1 Global Cybersecurity Consulting Production by Type 2016-2021
4.1.2 Global Cybersecurity Consulting Market Value by Type 2016-2021
4.2 Global Cybersecurity Consulting Market Production, Value and Growth Rate by Type 2016-2021
4.2.1 Cyber Security Services Market Production, Value and Growth Rate
4.2.2 Cyber Security Consulting Market Production, Value and Growth Rate
4.3 Global Cybersecurity Consulting Production and Value Forecast by Type
4.3.1 Global Cybersecurity Consulting Production Forecast by Type 2021-2026
4.3.2 Global Cybersecurity Consulting Market Value Forecast by Type 2021-2026
4.4 Global Cybersecurity Consulting Market Production, Value and Growth Rate by Type Forecast 2021-2026
4.4.1 Cyber Security Services Market Production, Value and Growth Rate Forecast
4.4.2 Cyber Security Consulting Market Production, Value and Growth Rate Forecast
5 Market Segment by Application, Historical Data and Market Forecasts
5.1 Global Cybersecurity Consulting Consumption and Value by Application
5.1.1 Global Cybersecurity Consulting Consumption by Application 2016-2021
5.1.2 Global Cybersecurity Consulting Market Value by Application 2016-2021
5.2 Global Cybersecurity Consulting Market Consumption, Value and Growth Rate by Application 2016-2021
5.2.1 Household Use Market Consumption, Value and Growth Rate
5.2.2 Commercial Use Market Consumption, Value and Growth Rate
5.2.3 Other Market Consumption, Value and Growth Rate
5.3 Global Cybersecurity Consulting Consumption and Value Forecast by Application
5.3.1 Global Cybersecurity Consulting Consumption Forecast by Application 2021-2026
5.3.2 Global Cybersecurity Consulting Market Value Forecast by Application 2021-2026
5.4 Global Cybersecurity Consulting Market Consumption, Value and Growth Rate by Application Forecast 2021-2026
5.4.1 Household Use Market Consumption, Value and Growth Rate Forecast
5.4.2 Commercial Use Market Consumption, Value and Growth Rate Forecast
5.4.3 Other Market Consumption, Value and Growth Rate Forecast
6 Global Cybersecurity Consulting by Region, Historical Data and Market Forecasts
6.1 Global Cybersecurity Consulting Sales by Region 2016-2021
6.2 Global Cybersecurity Consulting Market Value by Region 2016-2021
6.3 Global Cybersecurity Consulting Market Sales, Value and Growth Rate by Region 2016-2021
6.3.1 North America
6.3.2 Europe
6.3.3 Asia Pacific
6.3.4 South America
6.3.5 Middle East and Africa
6.4 Global Cybersecurity Consulting Sales Forecast by Region 2021-2026
6.5 Global Cybersecurity Consulting Market Value Forecast by Region 2021-2026
6.6 Global Cybersecurity Consulting Market Sales, Value and Growth Rate Forecast by Region 2021-2026
6.6.1 North America
6.6.2 Europe
6.6.3 Asia Pacific
6.6.4 South America
6.6.5 Middle East and Africa
7 United State Market Size Analysis 2016-2026
7.1 United State Cybersecurity Consulting Value and Market Growth 2016-2021
7.2 United State Cybersecurity Consulting Sales and Market Growth 2016-2021
7.3 United State Cybersecurity Consulting Market Value Forecast 2021-2026
8 Canada Market Size Analysis 2016-2026
8.1 Canada Cybersecurity Consulting Value and Market Growth 2016-2021
8.2 Canada Cybersecurity Consulting Sales and Market Growth 2016-2021
8.3 Canada Cybersecurity Consulting Market Value Forecast 2021-2026
9 Germany Market Size Analysis 2016-2026
9.1 Germany Cybersecurity Consulting Value and Market Growth 2016-2021
9.2 Germany Cybersecurity Consulting Sales and Market Growth 2016-2021
9.3 Germany Cybersecurity Consulting Market Value Forecast 2021-2026
10 UK Market Size Analysis 2016-2026
10.1 UK Cybersecurity Consulting Value and Market Growth 2016-2021
10.2 UK Cybersecurity Consulting Sales and Market Growth 2016-2021
10.3 UK Cybersecurity Consulting Market Value Forecast 2021-2026
11 France Market Size Analysis 2016-2026
11.1 France Cybersecurity Consulting Value and Market Growth 2016-2021
11.2 France Cybersecurity Consulting Sales and Market Growth 2016-2021
11.3 France Cybersecurity Consulting Market Value Forecast 2021-2026
12 Italy Market Size Analysis 2016-2026
12.1 Italy Cybersecurity Consulting Value and Market Growth 2016-2021
12.2 Italy Cybersecurity Consulting Sales and Market Growth 2016-2021
12.3 Italy Cybersecurity Consulting Market Value Forecast 2021-2026
13 Spain Market Size Analysis 2016-2026
13.1 Spain Cybersecurity Consulting Value and Market Growth 2016-2021
13.2 Spain Cybersecurity Consulting Sales and Market Growth 2016-2021
13.3 Spain Cybersecurity Consulting Market Value Forecast 2021-2026
14 Russia Market Size Analysis 2016-2026
14.1 Russia Cybersecurity Consulting Value and Market Growth 2016-2021
14.2 Russia Cybersecurity Consulting Sales and Market Growth 2016-2021
14.3 Russia Cybersecurity Consulting Market Value Forecast 2021-2026
15 China Market Size Analysis 2016-2026
15.1 China Cybersecurity Consulting Value and Market Growth 2016-2021
15.2 China Cybersecurity Consulting Sales and Market Growth 2016-2021
15.3 China Cybersecurity Consulting Market Value Forecast 2021-2026
16 Japan Market Size Analysis 2016-2026
16.1 Japan Cybersecurity Consulting Value and Market Growth 2016-2021
16.2 Japan Cybersecurity Consulting Sales and Market Growth 2016-2021
16.3 Japan Cybersecurity Consulting Market Value Forecast 2021-2026
17 South Korea Market Size Analysis 2016-2026
17.1 South Korea Cybersecurity Consulting Value and Market Growth 2016-2021
17.2 South Korea Cybersecurity Consulting Sales and Market Growth 2016-2021
17.3 South Korea Cybersecurity Consulting Market Value Forecast 2021-2026
18 Australia Market Size Analysis 2016-2026
18.1 Australia Cybersecurity Consulting Value and Market Growth 2016-2021
18.2 Australia Cybersecurity Consulting Sales and Market Growth 2016-2021
18.3 Australia Cybersecurity Consulting Market Value Forecast 2021-2026
19 Thailand Market Size Analysis 2016-2026
19.1 Thailand Cybersecurity Consulting Value and Market Growth 2016-2021
19.2 Thailand Cybersecurity Consulting Sales and Market Growth 2016-2021
19.3 Thailand Cybersecurity Consulting Market Value Forecast 2021-2026
20 Brazil Market Size Analysis 2016-2026
20.1 Brazil Cybersecurity Consulting Value and Market Growth 2016-2021
20.2 Brazil Cybersecurity Consulting Sales and Market Growth 2016-2021
20.3 Brazil Cybersecurity Consulting Market Value Forecast 2021-2026
21 Argentina Market Size Analysis 2016-2026
21.1 Argentina Cybersecurity Consulting Value and Market Growth 2016-2021
21.2 Argentina Cybersecurity Consulting Sales and Market Growth 2016-2021
21.3 Argentina Cybersecurity Consulting Market Value Forecast 2021-2026
22 Chile Market Size Analysis 2016-2026
22.1 Chile Cybersecurity Consulting Value and Market Growth 2016-2021
22.2 Chile Cybersecurity Consulting Sales and Market Growth 2016-2021
22.3 Chile Cybersecurity Consulting Market Value Forecast 2021-2026
23 South Africa Market Size Analysis 2016-2026
23.1 South Africa Cybersecurity Consulting Value and Market Growth 2016-2021
23.2 South Africa Cybersecurity Consulting Sales and Market Growth 2016-2021
23.3 South Africa Cybersecurity Consulting Market Value Forecast 2021-2026
24 Egypt Market Size Analysis 2016-2026
24.1 Egypt Cybersecurity Consulting Value and Market Growth 2016-2021
24.2 Egypt Cybersecurity Consulting Sales and Market Growth 2016-2021
24.3 Egypt Cybersecurity Consulting Market Value Forecast 2021-2026
25 UAE Market Size Analysis 2016-2026
25.1 UAE Cybersecurity Consulting Value and Market Growth 2016-2021
25.2 UAE Cybersecurity Consulting Sales and Market Growth 2016-2021
25.3 UAE Cybersecurity Consulting Market Value Forecast 2021-2026
26 Saudi Arabia Market Size Analysis 2016-2026
26.1 Saudi Arabia Cybersecurity Consulting Value and Market Growth 2016-2021
26.2 Saudi Arabia Cybersecurity Consulting Sales and Market Growth 2016-2021
26.3 Saudi Arabia Cybersecurity Consulting Market Value Forecast 2021-2026
27 Market Dynamic Analysis and Development Suggestions
27.1 Market Drivers
27.2 Market Development Constraints
27.3 PEST Analysis
27.3.1 Political Factors
27.3.2 Economic Factors
27.3.3 Social Factors
27.3.4 Technological Factors
27.4 Industry Trends Under COVID-19
27.4.1 Risk Assessment on COVID-19
27.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
27.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
27.5 Market Entry Strategy Analysis
27.5.1 Market Definition
27.5.2 Client
27.5.3 Distribution Model
27.5.4 Product Messaging and Positioning
27.5.5 Price
27.6 Advice on Entering the Market
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Case Study- Automotive Sector
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
Solution
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
Market Estimates and Forecast
In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.
Case Study- ICT Sector
Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
Business Solution
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.
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