Industry Analysis & Industry Trends
Information technology (IT) security is an ongoing concern for all businesses. The heavy reliance on computers for achieving most office tasks has been accepted since the beginning of the millennium. Over the past five years, Australian businesses' reliance on computing technology has increased as new technologies have allowed them to increase their productivity significantly. The increasing accessibility of broadband internet means that businesses now engage in large levels of data transfer. This has helped facilitate the rise of ‘big data', where many businesses have been able to gather large amounts of data that can be sensitive. Furthermore, the introduction of smartphones has allowed much of this data to be accessed nearly anywhere... purchase to read more
Industry Report - Industry Key Buyers Chapter
Concentration in the IT Security Consulting industry is low. Large corporations and government entities are significant market segments that guarantee the existence of large multinational IT consultancies in the industry. However, the industry is highly fragmented due to the variety of services available and the ability for smaller consultancies to provide their services to smaller businesses without being threatened by larger players.
The level of concentration is increasing as larger players attempt to bring more services under their umbrella by acquiring smaller, speciality firms... purchase to read more