Security Advisory Services Market Advanced technologies & growth opportunities in global Industry by 2020 to 2027
The digitalization revolution around the world presents a massive opportunity for businesses to utilize digital technology and process automation in order to transform their business models and existing processes for increased operational efficiency and revenue. End-to-end business process optimization, operational efficiency, reduction of cost, and human errors are some of the factors that are boosting the growth of digital transformation in any industry.
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In the past few decades, the proliferation of connected devices, digital services, the internet of things (IoT), and artificial intelligence has increased exponentially. The paradigm shift of companies from traditional to digital and automated processes is reaping many benefits for enterprises such as improved efficiency, reduced cost, and increased revenue opportunities. Digital transformation has become a critical requirement for the sustainable growth of any enterprise, owing to the growing demands of customers and rising industry competition. Despite offering many advantages, digitalization is also increasing the exposure of enterprises towards cyber-attacks.
Government institutions, insurance companies, healthcare institutions, financial firms, and critical infrastructure organizations are some of the most targeted enterprises for cyber-attacks. Hence, to understand the potential risks and to enhance the overall information security framework, enterprises all across the world are anticipated to invest in security advisory services and drive growth in the coming years.