#United States #New York #Deloitte #Gartner #Security Services

Deloitte Ranked No. 1 in Security Services

Deloitte has once again asserted its dominance in the security services sector, being ranked No. 1 by revenue in the prestigious Gartner® Market Share: Security Services, Worldwide, 2024 report. This marks the second consecutive year that Deloitte has secured this leading position, underscoring its continuous growth and formidable influence in a rapidly evolving industry.

Significant Growth

In its latest report, addressing the expanding universe of security needs across businesses globally, Gartner noted a substantial year-over-year growth of 17% for Deloitte. This remarkable figure reflects a robust performance and a deep commitment to meeting the complexities of modern businesses fueled by technology and innovation.

Emily Mossburg, Deloitte's Global Cyber Leader, stated, "This recognition affirms our leadership position in the industry. We are dedicated to empowering organizations as they contend with an increasingly intricate business landscape, driven significantly by advancements in AI and digital transformation."

Leading the Security Services Market

According to the Gartner Security Services 2024 market share report, the entire market for security services grew by an impressive 9.9%, reaching $77.1 billion in 2024, up from $70.2 billion the previous year. Deloitte's share of this market stands at 16.6%, further solidifying its role as a leading player in the security domain.

Heather Stockton, Deloitte's Global Consulting Services Technology Transformation Leader, elaborated, "The challenges our clients face are evolving, requiring them to rethink their operational strategies. Our No. 1 ranking illustrates the strength of Deloitte's multidisciplinary approach in addressing cybersecurity issues, embedding it throughout business practices, technology advancements, and risk management."

Continued Investments in Cybersecurity

Deloitte's commitment to cybersecurity is exemplified through various initiatives from the past year. Key highlights include:

• - AI Development: The firm has pioneered advancements in AI capabilities aimed at enhancing client operations while also implementing AI technologies through its Cybersecurity for AI and GenAI framework.
• - MXDR Expansion: Deloitte is enhancing its Managed Extended Detection and Response (MXDR) capabilities through a partnership with Palo Alto Networks, allowing for a transformative AI-driven Security Operations Center (SOC).
• - Investment in Security Solutions: Significant investments have been made across their diverse range of security services, including Digital Identity solutions, Cyber Incident Readiness, Response, and Recovery programs (CIR3), as well as attacks surface management initiatives aimed at simplifying security complexities and yielding improved security outcomes.
• - Global Future of Cyber Survey: Deloitte published its 4th Edition of the Global Future of Cyber Survey, which collated insights from nearly 1,200 global C-suite executives and their teams across 43 countries and six industries.

A Global Security Force

With over 40,000 professionals dedicated to security services worldwide, Deloitte offers a comprehensive spectrum of services focused on strategic transformation, resilience, and enterprise security complemented by trust and privacy. Their multi-faceted approach not only aims to mitigate risks but also to reinforce business continuity and growth in a digitally transformational climate.

In conclusion, Deloitte’s continued leadership in the security services market reflects its strategic investments and commitment to enterprise resilience. As organizations navigate the complexities of a digitally influenced business environment, Deloitte stands as a steadfast partner, ready to support their clients in navigating future challenges successfully. To learn more about Deloitte's cybersecurity initiatives, visit www.deloitte.com/cyber.