Dark clouds: Cloud-based data storage and associated security risks have boost demand

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.


Industry Analysis & Industry Trends

IT security is an ongoing concern for all businesses. Consumer and business reliance on computing technology has increased over the past five years, as new technologies have facilitated significant increases in productivity. The increasing accessibility of broadband internet means that businesses can easily transfer considerable volumes of data, and this data can often be accessed from anywhere in the world due to the rising uptake of cloud computing. This trend has helped enable the rise of big data, a phenomenon in which many businesses have been able to gather large amounts of personal and proprietary data, which is typically sensitive and intended to be confidential...

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What is the IT Security Consulting industry?

Information technology has been playing an increasingly important role in Australian economic growth over the past five years. The introduction of smartphones and the growing access to high-speed broadband internet means that business services are growing progressively more accessible for individuals. However, new risks have emerged in relation to information security. The growing prevalence of high-profile data breaches and cyber attacks, such as distributed denial of service (DDoS) attacks, have fuelled demand for IT security consultants over the past five years. Industry revenue is forecast to grow at an annualised 8.6% over the five years through 2016-17, which includes an expected 7.9% rise in the current year, to reach $3.7 billion. Pro...

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Products & Brands

Major products in this industry
Data security services
Threat assessment services
Managed security services
Other services

Table of Contents

About this Industry

Industry Definition
Main Activities
Similar Industries
Additional Resources

Industry at a Glance

Industry Performance

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

Products & Markets

Supply Chain
Products & Services
Major Markets

Globalisation & Trade

Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry

Major Companies

Operating Conditions

Capital Intensity

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

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