This report identifies key demand-side trends in the cybersecurity services space, helping enterprises fine-tune their cybersecurity strategies. It includes the threat landscape, customer triggers to look at for cybersecurity services, industry-wise adoption, key implementation challenges, and the impact of generative AI (Gen AI) on cybersecurity, based on Avasant’s assessment.
Why read this Market Insights?
Critical infrastructure is being increasingly targeted by both state-sponsored and financially motivated threat actors. In a fragmented and polarized world, nation-state actors pose significant threats, resulting in industry-specific and supply-chain attacks. As enterprise customers work to enhance their security posture, establishing a baseline is essential. Various risk quantification solutions can help businesses align their security investments with their business strategy, facilitating informed decision-making and delivering measurable ROI.
The Cybersecurity Services 2024 Market Insights™ aids enterprises in identifying important market trends and challenges for any cybersecurity project that they take part in.
Methodology
The industry insights presented in this report are based on our ongoing interactions with enterprise CXOs and other key executives; targeted discussions with service providers, subject matter experts, and Avasant Fellows; analyst insights from primary and secondary research; and lessons learned from consulting engagements.
Table of contents
About the report (Page 3)
Executive summary (Pages 4–7):
- Defining cybersecurity
- Key enterprise cybersecurity trends shaping the market
- Avasant recognizes 30 top-tier providers supporting enterprise adoption of cybersecurity services
Demand-side trends (Pages 8–13)
- Some of the largest and most damaging cyberattacks on record occurred in 2023
- Other than rampant cyberattacks, some other customer triggers to look at for cybersecurity services
- Banking and manufacturing continue to lead cybersecurity adoption
- Skillsets, interoperability, and integration are among the top five implementation challenges faced by customers
- Impact of Gen AI on cybersecurity
Key contacts (Page 14)
Read the Research Byte based on this report.
Please refer to Avasant’s Cybersecurity Services 2024 RadarView™ for detailed insights on the service providers and supply-side trends.
