The security advisory services market in Europe is expected to grow from US$ 2,992.8in 2018 to US$ 13,222.8 Mn by the year 2027 at a CAGR of 18.1% during the forecast period.
The unprecedented growth in the number of cyber-attacks has further led to an increased need for security solutions and services across enterprises which is likely to drive the security advisory service market in Europe region. End-to-end business process optimization, operational efficiency, reduction of cost, and human errors are some of the factors that are boosting the growth of digital transformation in any industry. Hence, the paradigm shifts of companies from traditional to digital and automated processes is likely to drive the security advisory service market.
The rising complexity and frequency of cyber-attacks has changed the security landscape and generated the need for establishing stringent regulations and frameworks which can tackle the fast changing cyber security landscape. Governments and regulators all across the world are trying to formulate effective laws, regulations, and compliances related to cyber security. However, these stringent rules and regulation are likely to drive the security advisory service market.
Europe security advisory services market is expected to grow at a good CAGR during the forecast period. SMEs are investing substantially in digital transformation to improve their operations and productivity. This trend of digitalization is also increasing the risks related to cyber security. To identify the vulnerabilities and to mitigate the risks of cyber-attacks, the demand for security advisory services is estimated to grow at an impressive rate among SMEs which is likely to boost the security advisory services market during the forecast period.
Europe Security Advisory Services Market–Segmentation
Europe Security Advisory Services Market By Function
Europe Security Advisory Services Market By Industry
Europe Security Advisory Services Market By Robot Type
Europe Security Advisory Services Market By Country
Europe Security Advisory Services Market-Companies Mentioned
| Report Attribute | Details |
|---|---|
| Market size in 2018 | US$ 2,992.8 Million |
| Market Size by 2027 | US$ 13,222.8 Million |
| CAGR (2018 - 2027) | 18.1% |
| Historical Data | 2016-2017 |
| Forecast period | 2019-2027 |
| Segments Covered |
By Service Type
|
| Regions and Countries Covered |
Europe
|
| Market leaders and key company profiles |
|
The Europe Security Advisory Services Market is valued at US$ 2,992.8 Million in 2018, it is projected to reach US$ 13,222.8 Million by 2027.
As per our report Europe Security Advisory Services Market, the market size is valued at US$ 2,992.8 Million in 2018, projecting it to reach US$ 13,222.8 Million by 2027. This translates to a CAGR of approximately 18.1% during the forecast period.
The Europe Security Advisory Services Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Security Advisory Services Market report:
The Europe Security Advisory Services Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Security Advisory Services Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Security Advisory Services Market value chain can benefit from the information contained in a comprehensive market report.
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