1 INTRODUCTION 19
1.1 OBJECTIVES OF THE STUDY 19
1.2 MARKET DEFINITION 19
1.2.1 INCLUSIONS AND EXCLUSIONS 19
1.3 MARKET SCOPE 20
1.3.1 MARKET SEGMENTATION 20
1.4 YEARS CONSIDERED FOR THE STUDY 21
1.5 CURRENCY CONSIDERED 21
1.6 STAKEHOLDERS 21

2 RESEARCH METHODOLOGY 22
2.1 RESEARCH DATA 22
2.1.1 SECONDARY DATA 23
2.1.2 PRIMARY DATA 23
2.1.2.1 Breakup of primary profiles 24
2.1.2.2 Key industry insights 25
2.2 MARKET BREAKUP AND DATA TRIANGULATION 26
2.3 MARKET SIZE ESTIMATION 26
2.3.1 TOP-DOWN APPROACH 27
2.3.2 BOTTOM-UP APPROACH 27
2.4 MARKET FORECAST 28
2.5 ASSUMPTIONS FOR THE STUDY 29
2.6 LIMITATIONS OF THE STUDY 29

3 EXECUTIVE SUMMARY 30

4 PREMIUM INSIGHTS 36
4.1 ATTRACTIVE MARKET OPPORTUNITIES IN THE SECURITY ADVISORY SERVICES MARKET 36
4.2 SECURITY ADVISORY SERVICES MARKET, BY SERVICE TYPE, 2019 37
4.3 SECURITY ADVISORY SERVICES MARKET, BY ORGANIZATION SIZE, 2019–2024 38
4.4 SECURITY ADVISORY SERVICES MARKET, MARKET SHARE OF TOP 3 VERTICALS AND TOP 3 REGIONS, 2019 38

5 MARKET OVERVIEW AND INDUSTRY TRENDS 39
5.1 INTRODUCTION 39
5.2 MARKET DYNAMICS 40
5.2.1 DRIVERS 40
5.2.1.1 Rise in the frequency of cyberattacks and increased sophistications in attacking techniques 40
5.2.1.2 Emergence of disruptive digital technologies, such as IoT, across verticals 41
5.2.1.3 Need for stringent security compliances and government regulations 41
5.2.2 RESTRAINTS 42
5.2.2.1 Limited security budget among SMEs 42
5.2.3 OPPORTUNITIES 42
5.2.3.1 Increase in the adoption of multi-cloud services 42
5.2.3.2 Increase in the eCommerce penetration across verticals 42
5.2.4 CHALLENGES 43
5.2.4.1 Lack of awareness related to advanced and sophisticated cyber threats among enterprises 43
5.3 REGULATORY IMPLICATIONS 43
5.3.1 INTRODUCTION 43
5.3.2 GENERAL DATA PROTECTION REGULATION 44
5.3.3 PAYMENT CARD INDUSTRY DATA SECURITY STANDARD 44
5.3.4 HEALTH INSURANCE PORTABILITY AND ACCOUNTABILITY ACT 44
5.3.5 FEDERAL INFORMATION SECURITY MANAGEMENT ACT 44
5.3.6 GRAMM-LEACH-BLILEY ACT 45
5.3.7 SARBANES-OXLEY ACT 45
5.3.8 INTERNATIONAL ORGANIZATION FOR STANDARDIZATION 27001 45
5.4 INNOVATION SPOTLIGHT 46
5.4.1 MITKAT ADVISORY SERVICES 46
5.4.2 STICKMAN 46
5.5 USE CASES 47
5.5.1 USE CASE: COALFIRE 47
5.5.2 USE CASE: VERITAS 47
5.5.3 USE CASE: CISCO 48

6 SECURITY ADVISORY SERVICES MARKET, BY SERVICE TYPE 49
6.1 INTRODUCTION 50
6.2 PENETRATION TESTING 51
6.2.1 GROWING NEED TO ELIMINATE VULNERABILITIES AND LAUNCH SECURE PRODUCT OFFERINGS TO DRIVE GROWTH OF SECURITY ADVISORY SERVICES MARKET 51
6.3 VULNERABILITY MANAGEMENT 52
6.3.1 RISING DEMAND FOR CYBERSECURITY TO SPUR THE GROWTH OF VULNERABILITY MANAGEMENT IN THE MARKET 52
6.4 SECURITY RISK MANAGEMENT 53
6.4.1 NEED TO SECURE ORGANIZATIONS FROM INCREASING CYBERATTACKS TO DRIVE THE ADOPTION OF SECURITY ADVISORY MANAGEMENT SERVICES 53
6.5 INCIDENT RESPONSE 54
6.5.1 RISING CYBER INCIDENTS WORLDWIDE AND ASSOCIATED LOSSES TO DRIVE THE OVERALL MARKET DURING THE FORECAST PERIOD 54
6.6 COMPLIANCE MANAGEMENT 55
6.6.1 GROWING NEED TO COMPLY WITH REGULATIONS TO BOOST THE GROWTH OF THE OVERALL MARKET 55
6.7 SECURITY PROGRAM DEVELOPMENT 56
6.7.1 GROWING NEED TO EXECUTE QUICK AND INFORMED DECISION-MAKING TO BOOST THE OVERALL MARKET 56
6.8 CHIEF INFORMATION SECURITY OFFICER ADVISORY AND SUPPORT 57
6.8.1 INCREASE IN DEMAND FOR COST EFFECTIVE HIGH-LEVEL SECURITY EXPERTS TO BOOST CISO-AS-A-SERVICE 57

7 SECURITY ADVISORY SERVICES MARKET, BY ORGANIZATION SIZE 58
7.1 INTRODUCTION 59
7.2 SMALL AND MEDIUM-SIZED ENTERPRISES 60
7.2.1 RISING SECURITY ISSUES TO DRIVE THE ADOPTION OF SECURITY ADVISORY SERVICES AMONG SMALL AND MEDIUM-SIZED ENTERPRISES 60
7.3 LARGE ENTERPRISES 61
7.3.1 INCREASING CYBERATTACKS AND HEFTY FINES FOR REGULATORY NON-COMPLIANCE TO BOOST THE ADOPTION OF SECURITY ADVISORY SERVICES AMONG LARGE ENTERPRISES 61

8 SECURITY ADVISORY SERVICES MARKET, BY VERTICAL 62
8.1 INTRODUCTION 63
8.2 BANKING, FINANCIAL SERVICES AND INSURANCE 64
8.2.1 ENHANCED FINANCIAL PRODUCTS AND SERVICES AND INNOVATIVE INTERNET OFFERINGS TO DRIVE THE ADOPTION OF SECURITY ADVISORY SERVICES IN THE BFSI VERTICAL 64
8.3 IT AND TELECOM 65
8.3.1 INCREASED ATTACKS ON CRITICAL INFRASTRUCTURE TO DRIVE MARKET GROWTH IN IT AND TELECOM VERTICAL 65
8.4 GOVERNMENT AND PUBLIC SECTOR 66
8.4.1 INCREASING NEED TO PROTECT SENSITIVE DATA OF CITIZENS AND ORGANIZATIONS DRIVES THE ADOPTION OF SECURITY ADVISORY SERVICES SOLUTIONS IN THE GOVERNMENT AND PUBLIC SECTOR 66
8.5 HEALTHCARE 67
8.5.1 NEED TO PROTECT PATIENT DATA AND PAYMENT INFORMATION TO DRIVE MARKET GROWTH IN HEALTHCARE VERTICAL 67
8.6 ENERGY AND POWER 68
8.6.1 NEED TO PREVENT PHYSICAL DAMAGE AND REDUCE CYBER RISKS, ALONG WITH MAINTAINING INFRASTRUCTURE SECURITY, TO DRIVE MARKET GROWTH IN THE ENERGY AND POWER VERTICAL 68
8.7 MANUFACTURING 69
8.7.1 RISING NEED FOR EFFECTIVE CYBER THREATS TO DRIVE THE ADOPTION OF SECURITY ADVISORY SERVICES IN MANUFACTURING 69
8.8 OTHERS 70

9 SECURITY ADVISORY SERVICES MARKET, BY REGION 72
9.1 INTRODUCTION 73
9.2 NORTH AMERICA 74
9.2.1 UNITED STATES 77
9.2.1.1 Expanding the scope of cyberattacks in the US to drive the growth of the security advisory services market 77
9.2.2 CANADA 79
9.2.2.1 Need to adhere to regulatory compliances to drive the growth of the security advisory services market in Canada 79
9.3 EUROPE 80
9.3.1 UNITED KINGDOM 83
9.3.1.1 Increasing government regulations to drive the growth of the security advisory services market in the UK 83
9.3.2 GERMANY 84
9.3.2.1 High use of internet makes German industry vulnerable to cyberattacks making it a lucrative market for security advisory services 84
9.3.3 ITALY 86
9.3.3.1 Rise in sophisticated cyberattack vectors to drive the growth of security advisory services market in Italy 86
9.3.4 FRANCE 88
9.3.4.1 Government initiatives and requirement of enhanced security services to drive the demand for security advisory services 88
9.3.5 REST OF EUROPE 90
9.4 ASIA PACIFIC 92
9.4.1 CHINA 95
9.4.1.1 Increased cyberattacks owing to high dependency on the internet driving the security advisory services market in China 95
9.4.2 JAPAN 96
9.4.2.1 Government initiatives and an increase in the need for cybersecurity to spur the demand for security advisory services in Japan 96
9.4.3 SOUTH KOREA 98
9.4.3.1 Increased adoption of smartphones, mobile applications, and other technologies, such as cloud computing and artificial intelligence to drive the security advisory services market in South Korea 98
9.4.4 INDIA 100
9.4.4.1 Presence of local and international players to contribute to the growth of security advisory services in India 100
9.4.5 AUSTRALIA AND NEW ZEALAND 102
9.4.5.1 Government initiatives and an increase in the need for cybersecurity to spur the demand for security advisory services in ANZ 102
9.4.6 REST OF ASIA PACIFIC 104
9.5 MIDDLE EAST AND AFRICA 106
9.5.1 KINGDOM OF SAUDI ARABIA 109
9.5.1.1 Existing vulnerable infrastructure and growing cyberattacks to drive the adoption of security services 109
9.5.2 UNITED ARAB EMIRATES 111
9.5.2.1 Increasing need to secure business sensitive applications to drive the growth of security advisory services market in UAE 111
9.5.3 SOUTH AFRICA 112
9.5.3.1 Increasing adoption of technologies, such as IoT and cloud to boost the growth of the security advisory services market in South Africa 112
9.5.4 REST OF MIDDLE EAST AND AFRICA 114
9.6 LATIN AMERICA 116
9.6.1 BRAZIL 118
9.6.1.1 Growing adoption of security advisory services solution by enterprises to improve business security in Brazil 118
9.6.2 MEXICO 120
9.6.2.1 Rise in the adoption of cloud-based applications across major verticals, such as BFSI and IT and telecom, to fuel the growth of security advisory services market in Mexico 120
9.6.3 REST OF LATIN AMERICA 121
10 COMPETITIVE LANDSCAPE 124
10.1 OVERVIEW 124
10.2 COMPETITIVE LEADERSHIP MAPPING 124
10.2.1 VISIONARY LEADERS 124
10.2.2 DYNAMIC DIFFERENTIATORS 124
10.2.3 INNOVATORS 125
10.2.4 EMERGING COMPANIES 125
10.3 COMPETITIVE SCENARIO 126
10.3.1 NEW PRODUCT LAUNCHES AND PRODUCT ENHANCEMENTS 127
10.3.2 PARTNERSHIPS AND COLLABORATIONS 128
10.3.3 MERGERS AND ACQUISITIONS 129
11 COMPANY PROFILES 130
(Business Overview, Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*
11.1 CISCO 130
11.2 DXC TECHNOLOGY 133
11.3 KPMG 136
11.4 DELOITTE 139
11.5 PWC 141
11.6 TCS 143
11.7 EY 145
11.8 VERIZON 147
11.9 ESENTIRE 148
11.10 RAPID7 150
11.11 DIMENSION DATA 151
11.12 KUDELSKI SECURITY 152
11.13 NTT SECURITY 152
11.14 SUMERU SOFTWARE SOLUTIONS 153
11.15 EPLUS 153
11.16 COALFIRE 154
11.17 SECURITY COMPASS 154
11.18 NOVACOAST 155
11.19 SAGE DATA SECURITY 155
11.20 AVALON CYBER 156
*Details on Business Overview, Services, Key Insights, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.

12 APPENDIX 157
12.1 DISCUSSION GUIDE 157
12.2 KNOWLEDGE STORE:  160
12.3 AVAILABLE CUSTOMIZATIONS 162
12.4 RELATED REPORTS 162
12.5 AUTHOR DETAILS 163