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IT Security Consulting in Australia: Market Research Report

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

IT Security Consulting Market Research Report | Technology | Computer Services | Aug 2014

Upgrades: New technologies are targets for cyber attacks, boosting demand for industry services

IBISWorld’s IT Security Consulting market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Hewlett-Packard Hewlett-Packard market share
IBM A/NZ Holdings IBM A/NZ Holdings  market share
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 10-15
5.7%
Annual Growth 15-20
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Profit
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Employment
13,867
Businesses
2,875
Industry Analysis & Industry Trends

Information technology (IT) security is an ongoing concern for all businesses. Over the past five years, Australian businesses' reliance on computing technology has increased, as new technologies have allowed them to increase 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, which may be sensitive. Furthermore, the introduction of smartphones has allowed much of this data to be accessed nearly anywhere.

These advancements have meant that new security concerns have arisen over the past five years, leading to increasing demand for IT security consultants... purchase to read more

Industry Report - Industry Investment Chapter

The IT Security Consulting industry has a low level of capital intensity. For every dollar spent on capital, an estimated $9.69 is allocated for wages. The industry is primarily reliant on labour to provide its services. Labour is a significant expense because workers are required to be skilled in IT security, sales and client retention. Over the past five years, the level of capital intensity has increased, as the number of qualified graduates entering the industry has increased, pushing down the average wage.

Capital investment in the industry involves computer hardware and software, which is used for assessing and preventing client security issues... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the IT Security Consulting Industry?

The industry offers managed IT security services. This includes firewall and intrusion prevention, security threat analysis and proactive security vulnerability and penetration testing. This also extends to incident preparation and response, including IT forensics.

Industry Products
Data securityThreat assessmentManaged security services
 
Industry Activities
IT security threat assessmentIT security managementIT security consultingIT security threat assessmentIT security managementIT security consulting


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