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IT Security Consulting - Industry Market Research Report

  • October 2016
  • -
  • Ibisworld
  • -
  • 34 pages

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Well secured: High-profile data breaches will encourage companies to invest in IT security



Abstract

IT Security Consulting

The increasing use of mobile devices and cloud servers to store sensitive data and the subsequent rise in technologically sophisticated cyber criminals threatening to steal that data have accelerated growth in the IT Security Consulting industry. Over the past five years, the increasing number of broadband connections and rapid growth in the number of mobile connections have contributed to rising demand for IT security and systems integration solutions. IT security consultants have benefited from these trends as they increase the amount of data stored in cloud servers that require protection. The industry is likely to perform well as downstream markets across all sectors, including banking and financial services, telecommunications and retail, continue to react proactively to the risk of high-profile, reputation-threatening breaches.

This industry offers managed IT security services, such as firewalls, intrusion prevention, security threat analysis, proactive security vulnerability and penetration testing and incident preparation and response, which includes IT forensics.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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