Accenture has the second highest market share of all security services in 2023 and its growth was twice the market average in the Market Share: Security Services, Worldwide, 2023, by revenue in Gartner® research.
According to the report, Accenture had the highest revenue for the Security Professional Services sub-segment at $3.76 billion with a 29.73% growth rate, and for the Managed Security Services sub-segment at $2.23 billion with a 29.8% growth rate in 2023.
Overall, Accenture was ranked second based on revenue of all security services in the Gartner report, Market Share: Security Services, Worldwide, 2023. Gartner noted that the worldwide security services spending market grew by 13.6% in current USD, reaching $65.6 billion in revenue in 2023 from $57.7 billion in 2022. The report also shared that Accenture's security services revenue grew by 26% in 2023, increasing its market share to 12.3%.
Accenture’s security revenue can be categorized into three areas:
- Security Consulting Services (Gartner estimate of 2023 revenue is $2.04 billion)
- Security Professional Services (Gartner estimate of 2023 revenue is $3.76 billion)
- Managed Security Services (Gartner estimate of 2023 revenue is $2.23 billion)
Accenture and Mandiant, part of Google Cloud, recently announced that they are teaming up to collaboratively deliver cyber resilience services to help organizations more efficiently detect, investigate, respond to and recover from cyberattacks. As part of the partnership, Accenture will utilize Mandiant Threat Intelligence, a comprehensive and actionable platform, and Mandiant expertise in its Cyber Resilience services.
Palo Alto Networks and Accenture recently announced an expansion of their long-standing strategic alliance. New offerings will combine Precision AI™ technology from Palo Alto Networks and Accenture’s secure generative AI services to help organizations embrace the potential of AI with unparalleled cybersecurity.
Gartner, Market Share: Security Services, Worldwide, 2023, Shailendra Upadhyay, Rahul Yadav, 22 May 2024
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.
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.