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    Security Advisory Services Market

    ID: MRFR/ICT/6132-HCR
    100 Pages
    Shubham Munde
    September 2025

    Security Advisory Services Market Research Report Information By Service (Risk & Compliance Management, Security Program Development, Incident Management), Organization Size, and Industry Vertical (BFSI, Government, Healthcare) - Global Forecast till 2032

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    Security Advisory Services Market Research Report – Global Forecast till 2032 Infographic
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    Table of Contents

    Security Advisory Services Market Summary

    As per Market Research Future Analysis, the global security advisory services market is projected to grow significantly, driven by increasing digitalization and the rising threat of cyberattacks. The market was valued at USD 5.24 billion in 2018 and is expected to reach USD 36.3 billion by 2030, registering a CAGR of 13.60% from 2022 to 2030. The COVID-19 pandemic has accelerated the demand for these services as businesses seek to secure their operations and sensitive data. Key sectors driving growth include government, banking, and financial services, with the government sector anticipated to grow at the highest CAGR of 19.9%. Major players like Deloitte and Tata Consultancy are investing heavily in R&D to maintain competitive advantages.

    Key Market Trends & Highlights

    The security advisory services market is witnessing robust growth driven by digital transformation and heightened security needs.

    • Market Size in 2018: USD 5.24 billion; Forecasted Market Size by 2030: USD 36.3 billion.
    • CAGR from 2022 to 2030: 13.60%; CAGR from 2018 to 2023: 17.6%.
    • Government sector expected to grow at the highest CAGR of 19.9%; Banking and financial services sector projected to reach USD 9.7 billion by 2023.
    • North America anticipated to hold the largest market share due to the presence of major service providers.

    Market Size & Forecast

    2018 Market Size USD 5.24 Billion
    2023 Market Size Forecast USD 11.79 Billion
    2030 Market Size Forecast USD 36.3 Billion

    Major Players

    Deloitte Touche Tohmatsu Limited (US), Ernst & Young Global Limited (UK), KPMG International Cooperative (Netherlands), PricewaterhouseCoopers Private Limited (UK), Tata Consultancy Services Limited (India)

    Security Advisory Services Market Trends

    The increasing complexity of global threats necessitates a proactive approach to security advisory services, as organizations seek to fortify their defenses against evolving risks.

    U.S. Department of Homeland Security

    Security Advisory Services Market Drivers

    Market Growth Projections

    The Global Security Advisory Services Industry is poised for substantial growth, with projections indicating a market size of 14.6 USD Billion in 2024 and an anticipated increase to 68.7 USD Billion by 2035. This growth is underpinned by a compound annual growth rate of 15.11% from 2025 to 2035. Such figures reflect the increasing recognition of the importance of security advisory services across various sectors. Organizations are likely to invest more in these services as they seek to enhance their security posture and mitigate risks. The market's expansion signifies a robust demand for expertise in navigating the complexities of modern security challenges.

    Rising Cybersecurity Threats

    The Global Security Advisory Services Industry is experiencing a surge in demand due to the increasing prevalence of cyber threats. Organizations across various sectors are facing sophisticated attacks, which necessitate expert guidance to mitigate risks. In 2024, the market is projected to reach 14.6 USD Billion, reflecting the urgent need for comprehensive security strategies. As cybercriminals evolve their tactics, businesses are compelled to invest in advisory services to safeguard their assets. This trend is likely to continue, as the Global Security Advisory Services Industry adapts to emerging threats and provides tailored solutions to enhance organizational resilience.

    Growing Awareness of Data Privacy

    The Global Security Advisory Services Industry is witnessing a growing awareness of data privacy among consumers and organizations alike. With increasing incidents of data breaches and privacy violations, businesses are compelled to prioritize data protection. This heightened awareness drives demand for advisory services that help organizations implement effective data privacy measures. As regulations evolve and consumers become more discerning, companies are likely to seek expert guidance to navigate these complexities. The market's growth trajectory suggests that the Global Security Advisory Services Industry will continue to expand as organizations recognize the importance of safeguarding sensitive information.

    Regulatory Compliance Requirements

    The Global Security Advisory Services Industry is significantly influenced by stringent regulatory compliance requirements. Governments worldwide are implementing robust regulations to protect sensitive data and ensure organizational accountability. Companies are increasingly seeking advisory services to navigate complex compliance landscapes, which is driving market growth. As organizations strive to meet these regulations, the demand for expert guidance is expected to rise. This trend is anticipated to contribute to the market's expansion, with projections indicating a growth trajectory that could see the industry reach 68.7 USD Billion by 2035. Compliance-related advisory services are becoming essential for maintaining operational integrity.

    Emerging Technologies and Innovations

    The Global Security Advisory Services Industry is increasingly shaped by the emergence of new technologies and innovations. As organizations adopt advanced solutions, such as artificial intelligence and machine learning, they require specialized advisory services to address the associated security challenges. These technologies can enhance security measures but also introduce new vulnerabilities. The demand for advisory services that can provide insights into these innovations is likely to grow. This trend indicates a dynamic landscape where the Global Security Advisory Services Industry must continuously adapt to technological advancements and offer tailored solutions to meet evolving security needs.

    Increased Investment in Digital Transformation

    The Global Security Advisory Services Industry is benefiting from the heightened investment in digital transformation initiatives. As organizations embrace new technologies, they face unique security challenges that require specialized advisory services. The integration of advanced technologies, such as cloud computing and IoT, necessitates a proactive approach to security. This shift is likely to propel the market forward, as businesses seek to protect their digital assets. The anticipated compound annual growth rate of 15.11% from 2025 to 2035 underscores the potential for growth in this sector. The demand for security advisory services is expected to rise in tandem with digital transformation efforts.

    Market Segment Insights

    Regional Insights

    Key Companies in the Security Advisory Services Market market include

    Industry Developments

    Atos is pleased to announce the launch of Technology Consulting in 2023. This new line of consulting services is aimed at C-suite executives and is intended to help them make the most of both new and current technology in order to accomplish their goals. Technology Consulting was initially introduced in France, Germany, Belgium, the Netherlands, and the UK. It will now function globally, offering clients guidance on how to attain tangible business results. This new product is essential to the Atos Tech Foundations business line's transformation goal.

    Leading provider of real-time cyber protection worldwide, Malwarebytes, 2023, has revealed new products for its multi-tenant console, ThreatDown OneView. With integrated advanced device control, the new Security Advisor dashboard for visibility across clients, and more sophisticated cybersecurity tools, Managed Service Providers (MSPs) may further streamline their cybersecurity activities.

    Deloitte announced the addition of four new modules for dynamic opponent intelligence, mobile device security, threat hunting, and digital risk prevention to its Managed Extended Detection and Response Platform (MXDR) in July 2022. The platform also includes improved cybersecurity industry intelligence. Organisations will benefit from the latest MXDR extension as they prepare for cyberattacks. DXC Technologies announced a new consulting service in June 2022 for agencies under the Australian State Government. With the aid of new services, the government will be able to get the most out of Oracle technology and improve processes and technical guidance overall. At the "Future Cloud event" in June 2021, Cisco announced its CX Business Critical Services for Cloud. The CX Business Critical Services for Cloud offer knowledge and consultancy services for designing and implementing.

    Future Outlook

    Security Advisory Services Market Future Outlook

    The Global Security Advisory Services market is poised for growth at 15.11% CAGR from 2024 to 2035, driven by increasing cyber threats, regulatory compliance demands, and technological advancements.

    New opportunities lie in:

    • Develop AI-driven security solutions to enhance threat detection capabilities.
    • Expand services in emerging markets to capture new client segments.
    • Leverage partnerships with technology firms to innovate service delivery models.

    By 2035, the market is expected to achieve substantial growth, reflecting heightened demand for security advisory services.

    Market Segmentation

    Report Scope

    Report Attribute/Metric Details
      Market Size   USD 36.3 Billion By 2030
      CAGR   13.60% From 2022 to 2030
      Base Year   2023
      Forecast Period   2024-2032
      Historical Data   2018
      Forecast Units   Value (USD Billion)
      Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered By Service, Organization Size
      Geographies Covered North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors Deloitte Touche Tohmatsu Limited (US), Ernst & Young Global Limited (UK), KPMG International Cooperative (Netherlands), PricewaterhouseCoopers Private Limited (UK), Coalfire Systems, Inc. (US), CybeRisk (US), Cisco Systems, Inc. (US), Tata Consultancy Services Limited (India), eSentire, Inc. (Canada), Security Compass (Canada), Novacoast, Inc. (US), Kudelski Security (Switzerland), DXC Technology Company (US), Rapid7 LLC (US), and Intertek Group PLC (UK).
      Key Market Opportunities The adoption of cloud computing, social media, IoT, mobile computing, and hyper-connectivity have provided numerous digital businesses the opportunity to enhance the efficiency of their businesses; however, this has also made them more vulnerable by exposing them to a larger cyber-attack surface. For enterprises, the implementation of robust security solutions has become an important area to consider.
      Key Market Drivers The fastest growing market in the global security advisory services market over the forecast period.Increasing digitalization and growing financial sector are the key driving factors for the adoption of security advisory services in the region.

    Market Highlights

    Author
    Shubham Munde
    Research Analyst Level II

    With a technical background in information technology & semiconductors, Shubham has 4.5+ years of experience in market research and analytics with the tasks of data mining, analysis, and project execution. He is the POC for our clients, for their consulting projects running under the ICT/Semiconductor domain. Shubham holds a Bachelor’s in Information and Technology and a Master of Business Administration (MBA). Shubham has executed over 150 research projects for our clients under the brand name Market Research Future in the last 2 years. His core skill is building the research respondent relation for gathering the primary information from industry and market estimation for niche markets. He is having expertise in conducting secondary & primary research, market estimations, market projections, competitive analysis, analysing current market trends and market dynamics, deep-dive analysis on market scenarios, consumer behaviour, technological impact analysis, consulting, analytics, etc. He has worked on fortune 500 companies' syndicate and consulting projects along with several government projects. He has worked on the projects of top tech brands such as IBM, Google, Microsoft, AWS, Meta, Oracle, Cisco Systems, Samsung, Accenture, VMware, Schneider Electric, Dell, HP, Ericsson, and so many others. He has worked on Metaverse, Web 3.0, Zero-Trust security, cyber-security, blockchain, quantum computing, robotics, 5G technology, High-Performance computing, data centers, AI, automation, IT equipment, sensors, semiconductors, consumer electronics and so many tech domain projects.

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    FAQs

    What factors are challenging the security advisory services market growth?

    The limited spending on cybersecurity is expected to create an obstruction in the market expansion.

    What causes have been recognized as being conducive to security advisory services market expansion?

    The elevated adoption rates from the BFSI sector are expected to motivate the market in the forthcoming period.

    How much is the security advisory services market?

    The security advisory services market size to reach USD 36.3 Billion in 2030.

    Who are the key players in the security advisory services industry?

    Price water house Coopers Private Limited (UK), eSentire, Inc. (Canada), Coalfire Systems, Inc. (US), KPMG International Cooperative (Netherlands), Cisco Systems, Inc. (US), Tata Consultancy Services Limited (India) and CybeRisk (US) are spurring the overall market growth in the coming period.

    Which regions have taken the responsibility of security advisory services market development chiefly?

    The strong contribution of nations such as the US and Canada are expected to motivate the North American regional market in the upcoming period.

    1. Executive Summary
    2. Scope of the Report
    3. Market Definition
      1. Scope of the Study
        1. Research Objectives
        2. Assumptions & Limitations
      2. Market Structure
    4. Market Research
    5. Methodology
      1. Research Process
      2. Secondary Research
      3. Primary
    6. Research
      1. Forecast Model
    7. Market Landscape
      1. Porter’s
    8. Five Forces Analysis
      1. Threat of New Entrants
        1. Bargaining Power
    9. of Suppliers
      1. Bargaining Power of Buyers
        1. Threat of Substitutes
        2. Segment Rivalry
      2. Value Chain/Supply Chain of the Global Security
    10. Advisory Services Market
    11. Industry Overview of the Global Security Advisory
    12. Services Market
      1. Introduction
      2. Growth Drivers
      3. Impact Analysis
      4. Market Challenges
    13. Market Trends
      1. Introduction
      2. Growth
    14. Trends
      1. Impact Analysis
    15. Global Security Advisory Services Market,
    16. by Service
      1. Introduction
      2. Risk & Compliance Management
    17. Market Estimates & Forecast, 2020-2027
      1. Market Estimates & Forecast,
    18. by Region, 2020-2027
      1. Security Program Development
        1. Market Estimates
    19. & Forecast, 2020-2027
      1. Market Estimates & Forecast, by Region,
      2. Incident Management
        1. Market Estimates & Forecast,
        2. Market Estimates & Forecast, by Region, 2020-2027
    20. Penetration Testing
      1. Market Estimates & Forecast, 2020-2027
    21. Market Estimates & Forecast, by Region, 2020-2027
      1. Vulnerability Management
        1. Market Estimates & Forecast, 2020-2027
        2. Market Estimates &
    22. Forecast, by Region, 2020-2027
      1. Chief Information Security Officer (CISO)
    23. Advisory and Support
      1. Market Estimates & Forecast, 2020-2027
    24. Market Estimates & Forecast, by Region, 2020-2027
    25. Global Security
    26. Advisory Services Market, by Organization Size
      1. Introduction
      2. Small
    27. & Medium-Sized Enterprises
      1. Market Estimates & Forecast, 2020-2027
        1. Market Estimates & Forecast, by Region, 2020-2027
      2. Large Enterprises
        1. Market Estimates & Forecast, 2020-2027
        2. Market Estimates &
    28. Forecast, by Region, 2020-2027
    29. Global Security Advisory Services Market,
    30. by Industry Vertical
      1. Introduction
      2. BFSI
        1. Market Estimates
    31. & Forecast, 2020-2027
      1. Market Estimates & Forecast, by Region,
      2. Government and Public Sector
        1. Market Estimates &
    32. Forecast, 2020-2027
      1. Market Estimates & Forecast, by Region, 2020-2027
      2. Healthcare
        1. Market Estimates & Forecast, 2020-2027
    33. Market Estimates & Forecast, by Region, 2020-2027
      1. IT and Telecom
        1. Market Estimates & Forecast, 2020-2027
        2. Market Estimates &
    34. Forecast, by Region, 2020-2027
      1. Manufacturing
        1. Market Estimates
    35. & Forecast, 2020-2027
      1. Market Estimates & Forecast, by Region,
      2. Energy & Utilities
        1. Market Estimates & Forecast,
        2. Market Estimates & Forecast, by Region, 2020-2027
    36. Others
      1. Market Estimates & Forecast, 2020-2027
        1. Market Estimates
    37. & Forecast, by Region, 2020-2027
    38. Global Security Advisory Services
    39. Market, by Region
      1. Introduction
      2. North America
        1. Market
    40. Estimates & Forecast, by Country, 2020-2027
      1. Market Estimates &
    41. Forecast, by Service, 2020-2027
      1. Market Estimates & Forecast, by
    42. Organization Size, 2020-2027
      1. Market Estimates & Forecast, by Industry
    43. Vertical, 2020-2027
      1. US
        1. Market Estimates & Forecast,
    44. Market Estimates & Forecast, by Industry Vertical, 2020-2027
      1. Canada
        1. Market Estimates & Forecast, 2020-2027
    45. & Forecast, by Service, 2020-2027
      1. Market Estimates & Forecast,
    46. by Organization Size, 2020-2027
      1. Market Estimates & Forecast, by
    47. Industry Vertical, 2020-2027
      1. Mexico
        1. Market Estimates &
    48. Forecast, 2020-2027
      1. Market Estimates & Forecast, by Service, 2020-2027
        1. Market Estimates & Forecast, by Organization Size, 2020-2027
    49. Market Estimates & Forecast, by Industry Vertical, 2020-2027
    50. Europe
      1. Market Estimates & Forecast, by Country, 2020-2027
    51. Market Estimates & Forecast, by Service, 2020-2027
      1. Market Estimates
    52. & Forecast, by Organization Size, 2020-2027
      1. Market Estimates &
    53. Forecast, by Industry Vertical, 2020-2027
      1. Germany
        1. Market
    54. Estimates & Forecast, 2020-2027
      1. Market Estimates & Forecast,
    55. by Service, 2020-2027
      1. Market Estimates & Forecast, by Organization
    56. Size, 2020-2027
      1. Market Estimates & Forecast, by Industry Vertical,
        1. UK
    57. Market Estimates & Forecast, by Organization Size, 2020-2027
      1. Market
    58. Estimates & Forecast, by Industry Vertical, 2020-2027
      1. France
        1. Market Estimates & Forecast, 2020-2027
    59. & Forecast, by Service, 2020-2027
      1. Market Estimates & Forecast,
    60. by Organization Size, 2020-2027
      1. Market Estimates & Forecast, by
    61. Industry Vertical, 2020-2027
      1. Rest of Europe
        1. Market Estimates
    62. & Forecast, 2020-2027
      1. Market Estimates & Forecast, by Service,
        1. Market Estimates & Forecast, by Organization Size, 2020-2027
      2. Asia-Pacific
        1. Market Estimates & Forecast, by Country, 2020-2027
        2. Market Estimates & Forecast, by Service, 2020-2027
        3. Market
    63. Estimates & Forecast, by Organization Size, 2020-2027
      1. Market Estimates
    64. & Forecast, by Industry Vertical, 2020-2027
      1. China
    65. Market Estimates & Forecast, 2020-2027
      1. Market Estimates &
    66. Forecast, by Service, 2020-2027
      1. Market Estimates & Forecast, by
    67. Organization Size, 2020-2027
      1. Market Estimates & Forecast, by Industry
    68. Vertical, 2020-2027
      1. India
        1. Market Estimates & Forecast,
    69. Market Estimates & Forecast, by Industry Vertical, 2020-2027
      1. Japan
        1. Market Estimates & Forecast, 2020-2027
    70. & Forecast, by Service, 2020-2027
      1. Market Estimates & Forecast,
    71. by Organization Size, 2020-2027
      1. Market Estimates & Forecast, by
    72. Industry Vertical, 2020-2027
      1. Rest of Asia-Pacific
        1. Market
    73. Estimates & Forecast, 2020-2027
      1. Market Estimates & Forecast,
    74. by Service, 2020-2027
      1. Market Estimates & Forecast, by Organization
    75. Size, 2020-2027
      1. Market Estimates & Forecast, by Industry Vertical,
      2. Rest of the World
        1. Market Estimates &
    76. Forecast, by Subcontinent, 2020-2027
      1. Market Estimates & Forecast,
    77. by Service, 2020-2027
      1. Market Estimates & Forecast, by Organization
    78. Size, 2020-2027
      1. Market Estimates & Forecast, by Industry Vertical,
        1. Middle East & Africa
    79. Forecast, 2020-2027
      1. Market Estimates & Forecast, by Service, 2020-2027
        1. Market Estimates & Forecast, by Organization Size, 2020-2027
    80. Market Estimates & Forecast, by Industry Vertical, 2020-2027
      1. Latin
    81. America
      1. Market Estimates & Forecast, 2020-2027
        1. Market
    82. Estimates & Forecast, by Service, 2020-2027
      1. Market Estimates &
    83. Forecast, by Organization Size, 2020-2027
      1. Market Estimates & Forecast,
    84. by Industry Vertical, 2020-2027
    85. Company Landscape
    86. Company
    87. Profiles
      1. Deloitte Touche Tohmatsu Limited
        1. Company Overview
        2. Product/Business Segment Overview
        3. Financial Updates
    88. Key Developments
      1. Ernst & Young Global Limited
        1. Company
    89. Overview
      1. Product/Business Segment Overview
        1. Financial Updates
        2. Key Developments
      2. KPMG International Cooperative
        1. Company
    90. Overview
      1. Product/Business Segment Overview
        1. Financial Updates
        2. Key Developments
      2. PricewaterhouseCoopers Private Limited
    91. Company Overview
      1. Product/Business Segment Overview
        1. Financial
    92. Updates
      1. Key Developments
      2. Coalfire Systems, Inc.
    93. Company Overview
      1. Product/Business Segment Overview
        1. Financial
    94. Updates
      1. Key Developments
      2. CybeRisk
        1. Company Overview
        2. Product/Business Segment Overview
        3. Financial Updates
    95. Key Developments
      1. Cisco Systems, Inc.
        1. Company Overview
    96. Product/Business Segment Overview
      1. Financial Updates
        1. Key
    97. Developments
      1. Tata Consultancy Services Limited
        1. Company Overview
        2. Product/Business Segment Overview
        3. Financial Updates
    98. Key Developments
      1. eSentire, Inc.
        1. Company Overview
    99. Product/Business Segment Overview
      1. Financial Updates
        1. Key
    100. Developments
      1. Security Compass
        1. Company Overview
    101. Product/Business Segment Overview
      1. Financial Updates
        1. Key
    102. Developments
      1. Novacoast, Inc.
        1. Company Overview
    103. Product/Business Segment Overview
      1. Financial Updates
        1. Key
    104. Developments
      1. Kudelski Security
        1. Company Overview
    105. Product/Business Segment Overview
      1. Financial Updates
        1. Key
    106. Developments
      1. DXC Technology Company
        1. Company Overview
        2. Product/Business Segment Overview
        3. Financial Updates
    107. Key Developments
      1. Rapid7 LLC
        1. Company Overview
    108. Product/Business Segment Overview
      1. Financial Updates
        1. Key
    109. Developments
      1. Intertek Group plc
        1. Company Overview
    110. Product/Business Segment Overview
      1. Financial Updates
        1. Key
    111. Developments
    112. Conclusion
    113. Global Security Advisory Services Market, by Region, 2020-2027
    114. America: Security Advisory Services Market, by Country, 2020-2027
    115. Europe: Security Advisory Services Market, by Country, 2020-2027
    116. Security Advisory Services Market, by Country, 2020-2027
    117. & Africa: Security Advisory Services Market, by Country, 2020-2027
    118. Latin America: Security Advisory Services Market, by Country, 2020-2027
    119. Global Security Advisory Services Type Market, by Region, 2020-2027
    120. North America: Security Advisory Services Type Market, by Country, 2020-2027
    121. Market, by Country, 2020-2027
    122. Type Market, by Country, 2020-2027
    123. Organization Size Market, by Region, 2020-2027
    124. Advisory Services Organization Size Market, by Country, 2020-2027
    125. Europe: Security Advisory Services Organization Size Market, by Country, 2020-2027
    126. by Country, 2020-2027
    127. Services Organization Size Market, by Country, 2020-2027
    128. Security Advisory Services Organization Size Market, by Country, 2020-2027
    129. Global Security Advisory Services Industry Vertical Market, by Region, 2020-2027
    130. by Country, 2020-2027
    131. Vertical Market, by Country, 2020-2027
    132. Services Industry Vertical Market, by Country, 2020-2027
    133. & Africa: Security Advisory Services Industry Vertical Market, by Country, 2020-2027
    134. by Country, 2020-2027
    135. Industry Vertical Market, by Region, 2020-2027
    136. Advisory Services Market, by Country
    137. Services Market, by Service
    138. Market, by Organization Size
    139. Market, by Industry Vertical
    140. by Country
    141. Europe: Security Advisory Services Market, by Industry Vertical
    142. Asia-Pacific: Security Advisory Services Market, by Country
    143. Security Advisory Services Market, by Service
    144. Advisory Services Market, by Organization Size
    145. Advisory Services Market, by Industry Vertical
    146. Security Advisory Services Market, by Country
    147. Security Advisory Services Market, by Service
    148. Security Advisory Services Market, by Organization Size
    149. & Africa: Security Advisory Services Market, by Industry Vertical
    150. Latin America: Security Advisory Services Market, by Country
    151. America: Security Advisory Services Market, by Service
    152. Security Advisory Services Market, by Organization Size
    153. Security Advisory Services Market, by Industry Vertical
    154. Forecast Methodology
    155. Global Security Advisory Services Market
    156. Security Advisory Services Market
    157. Services Market, by Country, 2020 (in %)
    158. Services Market, 2020-2027
    159. Security Advisory Services Market Size, by Service, 2020
    160. the Global Security Advisory Services Market, by Service, 2020-2027
    161. Global Security Advisory Services Market Size, by Organization Size, 2020
    162. Vertical, 2020-2027
    163. by Industry Vertical, 2020-2027

    Security Advisory Services Market Segmentation

    Market Segmentation Overview

    • Detailed segmentation data will be available in the full report
    • Comprehensive analysis by multiple parameters
    • Regional and country-level breakdowns
    • Market size forecasts by segment
    Security Advisory Services Market Research Report – Global Forecast till 2032 Infographic
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