Cybersecurity Services Specialists PEAK Matrix® Assessment 2024
PEAK Matrix® Report

10 Oct 2024
by Kumar Avijit, Shivraj Borade, Arjun Chauhan, Prabhjyot Kaur

The demand for comprehensive cybersecurity services is increasing globally due to hybrid working models, rapid digitalization initiatives expanding the attack surface, evolving regulations, and escalating cyber threats. These factors drive businesses to invest in advanced cybersecurity solutions that can safeguard their operations, ensure regulatory compliance, and maintain customer trust.

Additionally, as governments worldwide enforce stricter data protection and security regulations, enterprises face increasing pressure to comply with these regulations and adhere to localized data privacy laws. In response to these pressures, the C-suite is now more actively involved in cybersecurity decision-making, driven by heightened awareness of the potential impact on business operations, reputation, and compliance. Global enterprises are now seeking cybersecurity services specialist providers offering highly tailored and cost-effective cybersecurity solutions and bringing deep expertise to their cybersecurity portfolios.

In this report, we comprehensively analyze 12 cybersecurity services providers as featured on the Cybersecurity Services Specialists PEAK Matrix® Assessment 2024. The research will help buyers select the right-fit provider for their needs, while providers will be able to benchmark themselves against each other.

Scope

  • All industries and geographies
  • Services: Cybersecurity services
  • The assessment is based on Everest Group’s annual RFI process for the calendar year 2024, interactions with leading cybersecurity service providers, client reference checks, and an ongoing analysis of the cybersecurity services market
  • The assessment is focused on cybersecurity services specialist providers that meet the below criteria:
    • At least 50% of firm’s annual revenue attributed to cybersecurity services
    • Overall number of cybersecurity FTEs less than 5,000
    • Overall firm revenue less than $2 billion

Contents

In this report, we examine

  • Cybersecurity services specialists PEAK Matrix characteristics
  • 12 cybersecurity services specialist providers’ profiles
  • Providers’ key strengths and limitations
  • Enterprise sourcing considerations

Membership(s)

Cybersecurity

Sourcing and Vendor Management

 

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