Market Growth and Projections
The cyber security consulting services market is expected to grow at a compound annual growth rate (CAGR) of 12.57% from 2025 to 2030. According to Knowledge Sourcing Intelligence, market value is projected to increase from $6.543 billion in 2025 to $11.829 billion by 2030.
Talent Retention Challenges in Cybersecurity
This cybersecurity industry’s growth report coincides with a recent 2025 Cybersecurity Compensation Report from IANS Research and Artico Search. It highlights rising job dissatisfaction, with 60% of cybersecurity professionals considering a job change—nearly double the national average. Among the issues, compensation disparities, career stagnation, and return-to-office mandates are significant concerns. Security professionals also take on multiple roles due to hiring constraints, contributing to burnout.
Factors Driving Cybersecurity Market Growth
Cybersecurity threats are increasing due to artificial intelligence (AI)-driven cyberattacks. Dark web activity related to deepfake tools surged 223% in early 2024, according to Accenture’s Cyber Intelligence (ACI) researchers. To address this, Accenture launched AI-driven cybersecurity solutions in November 2024.
Companies are also forming strategic partnerships. Wipro Limited partnered with Netskope in December 2024 to enhance cybersecurity through its CyberTransformSM Optimization Service. This service helps organizations assess their cybersecurity investments and optimize security strategies.
Market Segmentation
The cyber security consulting firm market is segmented by application, enterprise size, industry, and region:
- Application Segments: Penetration testing, vulnerability management, risk management, incident response, compliance management, security program development, and CISO advisory services.
- Enterprise Size: Small, medium, and large businesses. Small and medium enterprises (SMEs) are expected to experience significant growth due to increased online activity.
- Industry Sectors: Includes communication and technology, government, military, defense, manufacturing, healthcare, and banking, financial services, and insurance (BFSI). The BFSI sector is a key driver due to rising online payment transactions.
- Regional Trends: North America leads due to the presence of major cybersecurity firms like PWC, EY, Deloitte, and KPMG. The FBI reported $12.3 billion in U.S. cybercrime losses in 2023.
Key Market Players
Prominent companies in this market include PWC, EY, Deloitte, KPMG, Kudelski Security, Coalfire, Delta Risk, Novacoast, and TCS.
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