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Professional Services - Mauritius

Mauritius
  • Revenue in the Professional Services market is projected to reach US$7.80m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 7.87%, resulting in a market volume of US$11.39m by 2029.
  • The average Spend per Employee in the Professional Services market is projected to reach US$12.46 in 2024.
  • In global comparison, most revenue will be generated United States (US$34.4bn in 2024).

Definition:

Professional cybersecurity services are a set of specialized services provided by experts or companies that use a variety of techniques, tools, and methodologies to evaluate, manage, and mitigate cyber risks. These services include a broad range of areas, such as incident response, threat intelligence, compliance management, security architecture and design, computer forensics and investigations, security awareness and training, and cybersecurity strategy.

The primary objective of professional cybersecurity services is to assist organizations in safeguarding their information systems and data against unauthorized access, theft, damage, and other cyber threats. These services can be commissioned and tailored to meet the specific needs of an organization, helping it guard against a wide array of security vulnerabilities and threats as well as comply with industry regulations and best practices.


Additional Information:

Key performance indicators covered in the Professional Services market include revenue and revenue change. Only revenues generated by the key vendors, either directly or through distribution channels, are included (manufacturer prices, excluding value-added tax); revenues generated by resellers are excluded. Revenues can be produced through either online or offline sales channels and include consumer spending (B2C), business spending (B2B), as well as government spending (B2G). Key players in this market include Checkpoint, Fortinet, ECI.

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In-Scope

  • Cybersecurity assessment, such as Check Point Security Services, EY, and NCC Group
  • Incident detection and response, such as VMware, FireEye Mandiant, and Accenture
  • Penetration testing, such as Trustwave, Coalfire, and Tenable
  • Security architecture and design, such as KPMG Cybersecurity Services, Booz Allen Hamilton, and NTT Cybersecurity Services
  • Security awareness and training, such as Proofpoint and Global Knowledge
  • Computer forensics and investigations, such as Rapid7, CrowdStrike Services, and Aon Cyber Solutions
  • Cybersecurity strategy, such as Cognizant Security and Risk Management, Capgemini Cybersecurity Services, and PwC Cybersecurity and Privacy

Out-Of-Scope

  • Physical security, such as ADT Security Services, G4S Secure Solutions, and Allied Universal
  • Legal and regulatory compliance, such as Deloitte, BDO Global, and KPMG
  • Cloud infrastructure and services, such as Amazon Web Services (AWS), Oracle Cloud, Salesforce
  • Software development and maintenance, such as NTT Data and L&T Infotech
  • Network infrastructure and hardware, such as Extreme Networks, Siemon, and Dell Technologies
  • Disaster recovery and business continuity planning, such as Quantum Corporation Backup and Recovery Solutions, HP Enterprise (HPE) Business Continuity and Recovery Services, and IBM Resilience Services
Security Services: market data & analysis - Cover

Market Insights report

Security Services: market data & analysis

Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Jun 2024

    Source: Statista Market Insights

    Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.

    Most recent update: Mar 2024

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Jun 2024

    Source: Statista Market Insights

    Global Comparison

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Jun 2024

    Sources: Statista Market Insights, Financial Statements of Key Players, National Cyber Security Organizations

    Methodology

    Data coverage:

    Data encompasses B2C, B2B and B2G enterprises. Figures are based on security spending excluding VAT and the number of cyberattacks.

    Modeling approach / Market size:

    Market sizes are determined by a combined top-down and bottom-up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial statements of the market-leading companies and industry associations, national statistical offices, and specific countries’ security organizations (e.g., German Cyber Security Council, Canadian Centre for Cyber Security). Furthermore, we use relevant key market indicators and data from country-specific associations, such as GDP and internet penetration. This data helps us to estimate the market size for each country individually.

    Forecasts:

    In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. Possible techniques are, for example, exponential trend smoothing and the autoregressive integrated moving average (ARIMA) forecasting algorithm. The main drivers are GDP, internet users, level of digitization, and consumer attitude towards data and IT security.

    Additional notes:

    Data is modeled using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

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    Security Services: market data & analysis - BackgroundSecurity Services: market data & analysis - Cover

    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

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