Deloitte ranked no. 1 in Security Consulting Services and no. 4 in Managed Security Services by revenue in Gartner® Market Share reports

NEW YORK, July 24, 2023 /PRNewswire/ -- For the twelfth year in a row, Deloitte has been ranked no. 1 in security consulting services by revenue in 2022 according to the latest Gartner^® Market Share report^[1]. In addition, Deloitte was ranked no. 4 by revenue in 2022 in the Gartner Managed Security Services (MSS) Market Share report^[2].

"We think these recognitions demonstrate Deloitte's strong reputation and investment in capabilities globally in delivering solutions that help modernize and transform how our clients operate," says Emily Mossburg, Deloitte Global Cyber leader and US Cyber Strategic Growth Offering leader. "Deloitte's business-led approach to cyber is allowing us to drive greater value to organizations by helping board, c-suite, and business unit-level stakeholders better align cyber to their business priorities, strategy, and desired outcomes."

Gartner estimates that the security consulting services market grew by 12.5% in 2022, reaching US$29.8 billion in revenue. According to the report, Deloitte's revenue grew 15.8% in 2022 while also increasing its market share to 15.4%.

According to Gartner, the MSS market grew by 15.8% in 2022, reaching USD$$16.98 billion in revenue. The Managed Detection and Response (MDR) segment of the MSS market grew faster at 26.2%. The report states that Deloitte's revenue grew 15.5% and 28.0% in 2022 for the MSS market and the MDR segment, respectively.

"Our investment in differentiated and innovative solutions, platforms, ecosystems and alliances, and talent enables Deloitte to be a trusted advisor and operator for organizations in navigating complexity and realizing business outcomes along their cyber journey," says Adnan Amjad, Deloitte US Cyber & Strategic Risk leader. "We will remain focused on scaling capabilities that best position clients to run their business confidently."

Notable highlights of Deloitte's Cyber investments from the past year include:

• Global expansion of cyber threat detection and response and identity security capabilities through globally scaling Cyber Operate managed services with SaaS-based modular solutions – MXDR by Deloitte and Digital Identity by Deloitte
• Acquisitions to drive geographic scaling such as Makros and ITSS in Latin America and Hacktive in Asia-Pacific
• Release of the 2023 Global Future of Cyber Survey
• Expansion of the Women in Cyber campaign in collaboration with The Female Quotient to spotlight the imperative of greater diversity in the cyber industry

With more than 25,000 cyber professionals worldwide, Deloitte advises, implements, and operates a full range of services and solutions with capabilities across strategy and transformation, cloud, detect and respond, identity, infrastructure security, data and privacy, application security, and emerging technologies. Visit www.deloitte.com/cyber for more information.

^[1] Gartner, Market Share Analysis: Security Consulting Services, Worldwide, 2022, by Rustam Malik, 14 July 2023.
^[2] Gartner, Market Share Analysis: Managed Security Services, Worldwide, 2022, by Travis Lee, Matt Milone, Mark Pohto, Rustam Malik, 19 May 2023.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

"Deloitte," "us," "we" and "our" refer to one or more of Deloitte Touche Tohmatsu Limited ("DTTL"), its global network of member firms, and their related entities (collectively, the "Deloitte organization"). DTTL (also referred to as "Deloitte Global") and each of its member firms and related entities are legally separate and independent entities, which cannot obligate or bind each other in respect of third parties. DTTL and each DTTL member firm and related entity is liable only for its own acts and omissions, and not those of each other. DTTL does not provide services to clients. Please see www.deloitte.com/about to learn more.

Deloitte provides industry-leading audit and assurance, tax and legal, consulting, financial advisory, and risk advisory services to nearly 90% of the Fortune Global 500® and thousands of private companies. Our professionals deliver measurable and lasting results that help reinforce public trust in capital markets, enable clients to transform and thrive, and lead the way toward a stronger economy, a more equitable society and a sustainable world. Building on its 175-plus year history, Deloitte spans more than 150 countries and territories. Learn how Deloitte's approximately 415,000 people worldwide make an impact that matters at www.deloitte.com.

For more about Deloitte Analyst Relations, please visit our Analyst Recognitions page.

SOURCE Deloitte

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