December 29, 2020
Frost & Sullivan, a leading market research and strategy firm, ranked 蘑菇视频 Allen Hamilton (NYSE: BAH) as holding the largest single market share in Managed and Professional Security Services in the Americas in its annual report, . Key contributors to 蘑菇视频 Allen鈥檚 ongoing leadership in a highly competitive market are its established role as a trusted partner to U.S. federal and defense agencies and its proven ability to deliver intelligence-grade cybersecurity tradecraft at scale to large enterprises. This is the third consecutive year Frost & Sullivan has recognized 蘑菇视频 Allen鈥檚 cybersecurity capabilities and leading market position.
According to Frost & Sullivan鈥檚 report, revenue in the Americas in the managed and professional security services market reached $10.88 billion in 2019 and is expected to surge to $18.81 billion at a compound annual growth rate of 11.6 percent by 2024. 蘑菇视频 Allen holds the largest single market share of the total Americas market, at 10.7 percent.聽聽
鈥淥rganizations in both the public and private sector need a trusted partner to meet today鈥檚 evolving and persistent cyber threats,鈥� said聽Brad Medairy, executive vice president and leader of the firm鈥檚 cyber and engineering practice. 鈥淥ur comprehensive approach that combines advanced technologies, threat-hunting capabilities, and intelligence-grade tradecraft makes us uniquely equipped to help clients prepare for and mitigate even the most daunting cyber challenges.鈥�
As one of the largest cybersecurity providers, 蘑菇视频 Allen's diverse client portfolio spans nearly every defense and federal agency, as well as Fortune 100 and Global 2000 companies across industries including financial services, health and life sciences, energy, transportation, and manufacturing.
鈥淎s we see daily in headlines from around the world, the cyber threats that companies face are becoming more frequent and having more disruptive consequences,鈥� said Bill Phelps, executive vice president and leader of the firm鈥檚 global commercial business. 鈥淲e have remained relentlessly focused delivering comprehensive cyber services and solutions to ensure business resiliency in the face of constantly evolving cyber threats.鈥�
鈥淭he volume, sophistication, and diversity of cyber threats are an unrelenting problem for companies鈥� internal information security teams,鈥� Frost & Sullivan wrote in the report. 鈥淥utsourcing to manage and secure IT environments has become a cost-effective option for those with outdated or otherwise inadequate cybersecurity practices.鈥�
To learn more about 蘑菇视频 Allen鈥檚 cybersecurity expertise, visit:聽www.蘑菇视频Allen.com/Cyber
