Cyber Security Consulting Services Market Size, Share, Opportunities, And Trends By Enterprise Size (Small, Medium, Large), By Industry Vertical (BFSI, Aerospace and Defense, Retail, IT and Telecom, Healthcare, Energy and Utilities, Others), And By Geography - Forecasts From 2025 To 2030

  • Published : Dec 2024
  • Report Code : KSI061613752
  • Pages : 151
excel pdf power-point

The global cyber security consulting services market is expected to grow at a robust rate of 12.57% CAGR, reaching a market size of US$11.829 billion in 2030 from US$6.543 billion in 2025.

Organizations need security advice services to assist them in managing the complicated world of cybersecurity risks and attacks. These services comprise numerous professional consultations from cybersecurity experts and companies to evaluate and strengthen an organization's security posture. These consultants find weaknesses and possible dangers through in-depth risk assessments, offering insightful information about areas that need improvement. They also advise on adhering to industry standards and laws, ensuring that businesses follow the law and industry best practices. Security advice services frequently entail creating and using specialized security strategies, rules, and procedures to protect information assets.

Cyber Security Consulting Services refer to specialized services offered by firms or experts that help organizations in identifying, managing, and mitigating cyber threats and risks. It involves risk assessment and analysis, followed by security strategy development, compliance and regulatory support, penetration testing, vulnerability management, incident response and recovery, security awareness training, continuous monitoring and threat detection, and cloud and network security as key elements.

There is an increase in the adoption of information communication, technology, data encryption, and cybersecurity solutions by different end-user industries, including BFSI, communication and technology, and automobiles, among others. These are done to achieve scalability, protect identities and transactions, reduce operational costs, decrease uptime, and encrypt the sensitive data generated. The protection of digital signatures to prevent data breaches is increasing the demand for effective encryption solutions. These factors are leading to a surge in the demand for such solutions and bolstering market growth over the forecast period.

What are the global cyber security consulting services market drivers?

  • Ever-increasing cyber security threats are propelling the market

The security consulting services market is significantly impacted by the rise in cyber risks, which raises the need for more specialized knowledge and strategic direction. Organizations are increasingly challenged to strengthen their defenses against advanced cyber threats, such as ransomware and phishing, due to their evolving sophistication and the rising frequency of cyber-attacks.

As per Cybersecurity statistics put forward by Astra, a cybersecurity provider, there are more than 2200 cyber-attacks daily. Many organizations find that the complexity of these risks exceeds their capabilities, leading them to seek professional insights and advice from security consulting services. Security advisers are essential in identifying weaknesses, supplying threat intelligence, and creating strong cybersecurity plans customized to each client's unique requirements.

  • The growing demand for digital transformation is boosting the market growth

The growing adoption of digital transformation has significantly impacted the market for security advisory services, as it expands the attack surface and amplifies the demand for professional cybersecurity advice. As per reports by West Monroe, 61% of C-Suite executives believe digital transformation is a top priority in their organizations. Reports by Valtech also suggest that 94% of large organizations in the US and UK have a digital transformation strategy. It also reports that 75% of leaders say that digital transformation investment is needed in the coming years.

Organizations are facing new cybersecurity risks as their integration with technologies like cloud computing, IoT, and other revolutionary technologies have increased, making their IT infrastructure system more complex and, thus, exposing them to new and more cybersecurity risks. The increasing likelihood of data breaches and other security problems has posed new problems to organizations, leading them to ask for security help. Hence, security advisory services have become critical in assisting organizations in identifying vulnerabilities, evaluating risks, and putting into practice strong cybersecurity plans that support their objectives for digital transformation in response to these difficulties.

Segment analysis of the global cyber security consulting services market:

  • The communications and technology industries are anticipated to hold a considerable share over the forecast period.

By end-user, the market is segmented into Communication and Technology, Government, Military & Defense, Manufacturing, Healthcare, BFSI, and Others. The communications and technology industries are anticipated to hold a considerable share over the forecast period.

This growth is attributed to the increasing internet penetration and the rising availability of high-speed internet at affordable prices, generating voluminous amounts of user data. As per the World Telecommunication Database, the percentage of individuals using the Internet has risen from 29% in 2010 to 67% in 2023, showcasing an exponential rise in Internet penetration worldwide. Owing to this, user data is being put at risk, which is a direct consequence of increasing cybercrimes and cyber-attacks in recent years, leading various service providers to adopt security advisory services.

Moreover, the military and defense sector is estimated to increase its market share over the forecast period, as there is a lot of data, such as defense technology, state secrets, and information that is at risk to spies and other ransomware agents. This resulted in deploying and adopting other ICT and security advisory solutions, which are anticipated to contribute to the market share.

Geographical outlook of the global cyber security consulting services market:

  • North America and Europe is anticipated to be the dominant market share

Geographically, the cyber security consulting services market has been segmented as North America, South America, Europe, the Middle East, Africa, and Asia Pacific.

The North American region is estimated to hold a significant share over the forecast period since the incidences of cybercrimes and cyber-attacks are increasing and are leading to the exploitation of user data due to the rising usage of internet services. As per reports by Astra, a cybersecurity service provider, since 2004, the USA has been the most cyber-attacked country, with around 2.7 billion cyber-attacks. Moreover, the well-developed communication and telecommunication industries are also contributing to the region's market share.

In addition, the Asia Pacific region is estimated to hold a significant share over the forecast period. This is because the governments of countries such as India are taking extensive measures to adopt such solutions to minimize the number of phishing emails and financial frauds surging at a decent rate.

Key Product Offerings:

  • Novacoast, a company involved in the provision of various services under the segments, including development, identity, access, security, and compliance, also offers a variety of cybersecurity advisory services such as “Incident Response,” “DDOS Assessment,” and “Threat Hunting,” among others. Their incident response solutions offer the clients persistent threat management, forensics, and containment solutions. The DDOS assessment is a solution provided for end-users such as hospitals and public utility providers, among others. These solutions aid the end-users in preventing DDOS attacks, which can result in websites being shut down and different IT services being disabled.
  • Tata Consultancy Services Limited, one of the leading companies globally providing various services to various end-users, offers cybersecurity advisory, assessment, and architecture services. Some of the solutions include Identity and Access Management (offers IAM maturity assessment, IAM architecture, and product evaluation), Enterprise Vulnerability Management (offers vulnerability assessment, penetration testing, and ethical hacking), Digital Forensics, and Fraud Management (offers a host of solutions including privacy impact assessment, supplier risk framework, and maturity assessment, etc.).

Key launches in the global cyber security services market:

  • In October 2024, Zscaler and Okta announced four new integrations to accelerate their mutual customers' zero-trust transformation. This new partnership will deliver adaptive access policy enforcement, dynamic set-up authentication, security data contextualization, unified vulnerability management, and zero trust partner access.
  • In May 2024, Palo Alto Networks, the global cybersecurity leader, and IBM, a leading hybrid cloud and AI provider, partnered to deliver AI-powered solutions and develop innovative capabilities. Palo Alto Networks has agreed to acquire IBM's QRadar SaaS assets, including QRadar intellectual property rights.

Cyber Security Consulting Services Market Scope:

Report Metric Details
Cyber Security Consulting Services Market Size in 2025 US$6.543 billion
Cyber Security Consulting Services Market Size in 2030 US$11.829 billion
Growth Rate CAGR of 12.57%
Study Period 2020 to 2030
Historical Data 2020 to 2023
Base Year 2024
Forecast Period 2025 – 2030
Forecast Unit (Value) USD Billion
Segmentation
  • Application
  • Enterprise Size
  • End-User Industry
  • Geography
Geographical Segmentation North America, South America, Europe, Middle East and Africa, Asia Pacific
List of Major Companies in Cyber Security Consulting Services Market
  • PWC
  • EY
  • Deloitte
  • KPMG
  • Kudelski Security
Customization Scope Free report customization with purchase

 

The global cyber security consulting services market is analyzed into the following segments:

  • By Application
    • Penetration Testing
    • Vulnerability Management
    • Risk Management Strategy
    • Incident Response
    • Compliance Management
    • Security Program Development
    • Chief Information Security Officer Advisory and Support
  • By Enterprise Size
    • Small
    • Medium
    • Large
  • By End-User Industry
    • Communication and Technology
    • Government
    • Military & Defence
    • Manufacturing
    • Healthcare
    • BFSI
    • Others
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • United Kingdom
      • Germany
      • France
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Others
    • Asia Pacific
      • China
      • Japan
      • South Korea
      • Australia
      • India
      • Indonesia
      • Thailand
      • Others

Frequently Asked Questions (FAQs)

The cyber security consulting services market is expected to reach a total market size of US$11.829 billion by 2030.

Cyber security consulting services market is valued at US$6.543 billion in 2025.

The global cyber security consulting services market is expected to grow at a CAGR of 12.57% during the forecast period.

What factors are anticipated to drive the cyber security consulting services market growth? The growing demand for digital transformation is boosting the market growth of the cyber security consulting services market.

North America and Europe is anticipated to be the dominant market share in the cyber security consulting services market.

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base and Forecast Years Timeline

1.8. Key Benefits to the Stakeholder

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Processes

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. CXO Perspective

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

4.5. Analyst View 

5. GLOBAL CYBER SECURITY CONSULTING SERVICES MARKET BY APPLICATION

5.1. Introduction

5.2. Penetration Testing

5.3. Vulnerability Management

5.4. Risk Management Strategy

5.5. Incident Response

5.6. Compliance Management

5.7. Security Program Development

5.8. Chief Information Security Officer Advisory and Support

6. GLOBAL CYBER SECURITY CONSULTING SERVICES MARKET BY ENTERPRISE SIZE

6.1. Introduction

6.2. Small

6.3. Medium

6.4. Large

7. GLOBAL CYBER SECURITY CONSULTING SERVICES MARKET BY END-USER INDUSTRY

7.1. Introduction

7.2. Communication and Technology

7.3. Government

7.4. Military & Defence

7.5. Manufacturing

7.6. Healthcare

7.7. BFSI

7.8. Others

8. GLOBAL CYBER SECURITY CONSULTING SERVICES MARKET BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. By Application

8.2.2. By Enterprise Type

8.2.3. By End-User Industry

8.2.4. By Country

8.2.4.1. USA

8.2.4.2. Canada

8.2.4.3. Mexico

8.3. South America

8.3.1. By Application

8.3.2. By Enterprise Type

8.3.3. By End-User Industry

8.3.4. By Country

8.3.4.1. Brazil

8.3.4.2. Argentina

8.3.4.3. Others

8.4. Europe

8.4.1. By Application

8.4.2. By Enterprise Type

8.4.3. By End-User Industry

8.4.4. By Country

8.4.4.1. United Kingdom

8.4.4.2. Germany

8.4.4.3. France

8.4.4.4. Italy

8.4.4.5. Spain

8.4.4.6. Others

8.5. Middle East and Africa

8.5.1. By Application

8.5.2. By Enterprise Type

8.5.3. By End-User Industry

8.5.4. By Country

8.5.4.1. Saudi Arabia

8.5.4.2. UAE

8.5.4.3. Others

8.6. Asia Pacific

8.6.1. By Application

8.6.2. By Enterprise Type

8.6.3. By End-User Industry

8.6.4. By Country

8.6.4.1. China

8.6.4.2. Japan

8.6.4.3. India

8.6.4.4. South Korea

8.6.4.5. Indonesia

8.6.4.6. Taiwan

8.6.4.7. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES

10.1. PWC

10.2. EY

10.3. Deloitte

10.4. KPMG

10.5. Kudelski Security

10.6. Coalfire (Apax Partners)

10.7. Delta Risk (Motorola Solutions)

10.8. Novacoast

10.9. TCS

PWC

EY

Deloitte

KPMG

Kudelski Security

Coalfire (Apax Partners)

Delta Risk (Motorola Solutions)

Novacoast

TCS