IT security consulting service providers enable organizations to assess and analyze its IT infrastructure and identify vulnerabilities and possible threats. IT security consultants offer their expertise and knowledge and guide various organizations in acquiring and growing its IT security capabilities. Thereby, IT security consultants enable organizations to procure and manage security tools, risk management tools, business intelligence and computing forensic tools. IT security consultants offer comprehensive security solutions to various organizations across the world. Such consultants assess and review various business processes and activities within an organization to evaluate information flow. Thereby, after identifying various information exchange points within an organizations infrastructure, IT security consultants can design and develop suitable security solutions. With the use of appropriate security tools, analytics and monitoring tools, IT security consultants can ensure information security in an organization. Moreover, use of security testing software enables IT security consultants to constantly monitor various IT security solutions. With increasing demand for information security, IT security consulting has found various applications across the world. IT security services are widely used in industries including IT and telecommunication, banking, financial services and insurance (BFSI), retail, manufacturing, media and entertainment. IT security consulting services are used by various large, medium and small enterprises (SME) for various on-premise and cloud-based applications.
 
One of the major factors driving the growth of IT security consulting market is the increasing complexities of IT infrastructure. With technological advancements in computing and processing technologies, there has been an increasing need to identify various vulnerabilities within an IT infrastructure. IT security consultants offer a viable solution to ensure information security in an organization without employing technical expertise. Thereby, organizations are able to focus on their core business processes and outsource information security activities to such IT security consultants. Another factor driving the growth of this market is the increasing usage of mobile devices including smartphones, tablets and laptops. Emerging trends such as mobile work-force and “bring your own devices” (BYOD) have led to the increasing concerns of data theft and data corruption. Thereby, it has become imperative for organizations to deploy appropriate security solutions to ensure confidentiality, integrity and availability of organizational data.
 
With increasing complexities of IT security and technological advancements in security solutions, there has been an increasing demand for IT security consulting services. Organizations across the world can leverage such consulting services and ensure information security within and outside the organization. Moreover, increasing sophistication of cyber attacks and rising concerns of information security have further driven the growth of this market. Leading companies seek to adopt advanced security technologies to offer optimum security solutions to their customers. Key players in this market seek to gain advantage of rising opportunities such as e-commerce, online retail and online transactions over the internet. Some of the key players in IT security consulting market include Deloitte Touche Tohmatsu Limited, IBM Corporation, Booz Allen Hamilton, Inc., Accenture Plc., EMC Corporation, Ernst & Young Global Limited, KPMG International Cooperative, Hewlett-Packard Development Company, L.P., Atos SE, Dell SecureWorks, Inc. and BAE Systems.
 
This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include 
  • North America 
  • Asia Pacific 
  • Europe
  • Rest of the World  
This report provides comprehensive analysis of 
  • Market growth drivers 
  • Factors limiting market growth
  • Current market trends 
  • Market structure
  • Market projections for upcoming years 
 
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. 
 
Reasons for Buying this Report
 
  • This report provides pin-point analysis for changing competitive dynamics
  • It provides a forward looking perspective on different factors driving or restraining market growth 
  • It provides a six-year forecast assessed on the basis of how the market is predicted to grow 
  • It helps in understanding the key product segments and their future
  • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
  • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments 
  • It provides distinctive graphics and exemplified SWOT analysis of major market segments 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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