North America Security Advisory Services Market to 2027 - Regional Analysis and Forecasts by Service Type; Enterprise Size; Industry Vertical

The security advisory services market in North America is expected to grow from US$ 3,328.1.8in 2018 to US$ 12,974.8 Mn by the year 2027 at a CAGR of 16.5% during the forecast period. To increase the overall information security framework, enterprises all across the world are anticipated to invest in security advisory services and drive the growth in the coming years. However, these factors are likely to drive the security advisory services market.

The growth in the number of compliance requirements and information protection laws is pushing enterprises worldwide to invest in security advisory services to strengthen their IT and information security infrastructure. These compliance requirements are expected to boost the growth of security advisory services market during the forecast period of 2019 to 2027. Lack of skilled experts, the lack of awareness among enterprises may restrict the growth of security advisory services market.

On the basis of enterprise size, the North America security advisory services market, was led by large enterprises segment and support in 2018 with a decent share and is expected to continue its dominance during the forecast period, thereby accounting for decent share of the total market by 2027. Large enterprises in industry sectors such as government & public sector, BFSI, IT and telecom, manufacturing, education, retail, healthcare, energy & power, and others are investing heavily in security solutions and services to manage risk that they are facing in today’s digital era.

1. The overall North America security advisory services market size has been derived using both primary and secondary sources. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the North America security advisory services market. It also provides an overview and forecast for the security advisory services based on all the segmentation provided with respect to the North America region. Also, primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the security advisory services industry. Some of the players present in North America security advisory services market are Kuka AG, KNAPP AG, Fetch Robotics Inc, among others.

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