What are the Historical Developments and Current Growth Metrics of the Information Security Consulting Market?
The information security consulting market has seen considerable growth due to a variety of factors.
• The size of the market for information security consulting has seen robust growth in the past few years. A rise from $26.18 billion in 2024 to $28.75 billion in 2025 is projected, reflecting a compound annual growth rate (CAGR) of 9.8%.
The growth during the historical period has been driven by a surge in cyber threats, a higher number of data breaches, the transition to remote employment, improved recognition of the significance of cybersecurity, as well as specific threats to the industry.
What is the Forecasted Market Size and CAGR for the Information Security Consulting Market?
The information security consulting market is expected to maintain its strong growth trajectory in upcoming years.
• The size of the information security consulting market is forecasted to witness significant expansion in the ensuing years. By 2029, it is predicted to surge to $39.64 billion, with a compound annual growth rate (CAGR) of 8.4%.
The projected growth during the forecast period is largely due to factors such as the evolution of new technologies, rising usage of cloud computing, initiatives for digital transformation, the upsurge in remote work, and the need for managed security services. Key trends for the forecast period encompass focus on data privacy and compliance, a growing demand for information security consulting firms, an amplified focus on cloud security, the role of AI and machine learning in security, concerns over IoT security, supply chain security, and the implementation of risk-based security strategies.
What Key Factors and Trends Are Driving The Growth Information Security Consulting Market?
The escalation of cybersecurity threats is anticipated to fuel the expansion of the information security consulting market in the future. Cybersecurity threats are potential dangers and weak spots that could jeopardize the confidentiality, integrity, and accessibility of digital resources, data, and information systems. These threats are arising due to trends in remote work, a deficiency in security consciousness, and new technology developments. Information security consulting is utilized to manage these cybersecurity risks by detecting vulnerabilities, implementing protective measures, preparing for potential incidents, and ensuring continued compliance and awareness. For example, in November 2022, the Australian Cyber Security Centre, a cyber security organization based in Australia, reported receiving 76,000 cyber-crime reports in 2022, which is a 13% increase from the previous year. As such, the rise in cyber threats is catalyzing the growth of the information security consulting market.
What Are The Market Segments In The Information Security Consulting Market?
The information security consulting market covered in this report is segmented –
1) By Type: Security And Compliance, Firewall Management, Email And Cloud Security, Other Types
2) By Deployment Mode: On Premise, Cloud
3) By Organization Size: Small And Medium Enterprises, Large Enterprises
4) By End User Vertical: Banking, Financial Services, And Insurance, Information Technology And Telecom, Aerospace And Defense, Government, Healthcare, Other End-User Verticals
Subsegments:
1) By Security And Compliance: Regulatory Compliance, Risk Management And Assessment, Vulnerability Management, Incident Response And Forensics, Penetration Testing
2) By Firewall Management: Firewall Configuration And Optimization, Firewall Monitoring And Alerts, Next-Generation Firewalls (NGFW), Cloud Firewall Services, Managed Firewall Services
3) By Email And Cloud Security: Email Encryption And Filtering, Email Authentication, Cloud Access Security Broker (CASB), Cloud Security Posture Management (CSPM), Cloud Data Loss Prevention (DLP)
4) By Other Types: Endpoint Security, Identity And Access Management (IAM), Network Security, Data Security And Encryption, Mobile Device Management (MDM), Managed Security Services (MSSP), Security Information And Event Management (SIEM)
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What Trends Are Reshaping The Future Of The Information Security Consulting Market?
Key players within the information security consulting sector are centering on the creation and rollout of innovative advancements such as strategic cybersecurity consulting so as to extend their existing cybersecurity services and offer client-based cyber strategies and solutions within their areas of operation. Strategic cybersecurity consulting entails availing expert cybersecurity consultants to support organisations in establishing and handling their information security strategies. To illustrate, Wipro Limited, an India-based IT firm, unveiled CyberTransform, a strategic cybersecurity consulting service in Europe in November 2022. The resulting innovative consultation capabilities will enable organisations to construct digital risk and cybersecurity strategies. This endeavor seeks to offer clients a tangible plan for the execution of cybersecurity safeguards. Additionally, the consultant aids in multiple areas like configuration reviews, security program formulation, personalized on-demand services, information security planning, development of privacy and security policies, and risk evaluations to bolster their cybersecurity stance and accomplish long-lasting resilience.
Who Are the Key Players In The Information Security Consulting Market?
Major companies operating in the information security consulting market are:
• Microsoft Corporation
• Verizon Communications Inc.
• Accenture plc
• International Business Machines Corporation (IBM)
• Cisco Systems Inc.
• Ernst & Young Global Limited
• KPMG International Cooperative
• Deloitte Touche Tohmatsu Limited
• Hewlett Packard Enterprise Company
• Tata Consultancy Services Limited
• BAE Systems plc
• NTT DATA Corporation
• Capgemini SA
• Cognizant Technology Solutions Corporation
• DXC Technology Company
• Atos SE
• Wipro Limited
• Booz Allen Hamilton Holding Corporation
• Palo Alto Networks Inc.
• Symantec Corporation
• Check Point Software Technologies Ltd.
• CrowdStrike Holdings Inc.
• SecureWorks Corp.
• Trustwave Holdings Inc.
• CyberArk Software Ltd.
What Are The Regional Insights Into The Information Security Consulting Market?
North America was the largest region in the information security consulting market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the information security consulting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
