Global $29+ Billion Security Advisory Services Market Outlook, 2025 – ResearchAndMarkets.com

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DUBLIN–(BUSINESS WIRE)–The “Global Security Advisory Services Market – Forecasts from 2020 to 2025” report has been added to ResearchAndMarkets.com’s offering.

The global security advisory services market is projected to grow at a CAGR of 21.33% to reach US$29.167 billion by 2025 from US$9.143 billion in 2019.

There is an increase in the adoption of information communication, and technology, data encryption, and cybersecurity solutions by different end-user industries. These industries include BFSI, communication and technology, automobile among others and they are doing this to achieve scalability, protect identities and transactions, reduce operational costs, decrease uptime and encrypt the sensitive data generated and protection of the digital signatures in order to prevent data breaches is increasing the demand for effective encryption solutions. These factors are thereby leading to a surge in the demand for such solutions and bolstering the market growth over the forecast period.

The communications and technology industry is to hold a considerable share over the forecast period. This is attributed to the increasing penetration of internet, the rising…

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