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IT Security Consulting in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

IT Security Consulting Market Research Report | Technology | Computer Services | Nov 2013

High stakes: The need to protect government and financial data will drive industry demand

IBISWorld’s IT Security Consulting market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$5bn
Annual Growth 08-13
9.3%
Annual Growth 13-18
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Profit
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Employment
32,164
Businesses
7,750
Industry Analysis & Industry Trends

As more services are conducted online and as cloud computing becomes standard for a wide array of activities, demand for the IT Security Consulting industry grows. Because the internet is becoming an increasing presence for businesses, the government and consumers alike, the need to secure private information has been constant, ensuring steady and quick revenue growth for the industry even during the recession. High-profile security breaches and the ever-evolving nature of sophisticated viruses will lead to industry growth into the coming years.... purchase to read more

Industry Report - Industry Investment Chapter

The IT Security Consulting industry exhibits a low level of capital intensity. In 2013, for every dollar spent on capital, about $41.73 is spent on labor, indicating a highly labor-intensive industry. The high share of revenue spent on labor costs also reflects the high level of education and skill required for industry consultants.

Capital investment in the industry is low due to the service-oriented nature of the industry. Industry operators must purchase computers and software to find and develop solutions for IT security solutions for clients. However, software tends to have a relatively short life cycle relative to other capital investments. Due to the highly technological nature of the industry, software accounts for a large portion of capital invested... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the IT Security Consulting Industry?

This industry offers managed IT security services, such as firewall and intrusion prevention, security threat analysis, proactive security vulnerability and penetration testing and incident preparation and response, which includes IT forensics.

Industry Products
Corporate data securitySecurity threat protectionCost reduction and risk management
 
Industry Activities
Providing security compliance servicesProviding firewall management servicesProviding email and cloud security servicesProviding other IT protection consulting services


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