Global Data Center Security Market, By Application Solution (Logical Security Solutions and Physical Security Solutions), Service (Consulting, Integration and Deployment and Managed Services), Data Center Type (Mid-Sized Data Center, Enterprise Data Center and Large Data Center), Deployment Mode (On-premise and On-cloud), Vertical (Banking Financial Services and Insurance, IT and Telecom, Government and Defense, Healthcare, Media and Entertainment and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Data Center Security Market
Data Bridge Market Research analyses that the data center security market will exhibit a CAGR of 16.84% for the forecast period of 2021-2028. This signifies that the data center security market value will rise up to USD 32.47 billion by the year 2028. Increasing demand for more data centers and rising integration of physical and logical security solutions are the major factors attributable to the growth of data center security market.
From the name itself, it is clear that data center security is a set of framework and technologies that are used to protect the data centres against cyber-attacks and threats. Since the data centers are the primary source of information for the company, it becomes important to have an effective and efficient data center security system.
The increased need and demand for scalable data centres coupled with rising virtualisation and adoption cloud computing solutions is a key data center security market growth driving factor. Increasing need for higher density servers coupled with rising number of sophisticated attacks will further aggravate the demand for data center security. Rising data centers across the globe and rising data traffic will create more lucrative growth opportunities for the data center security market. Rising demand for secured connectivity among population will also bolster the market growth rate.
However, high costs associated with systems coupled with availability of low cost substitutes will act as a growth restraint for the market. Lack of advanced infrastructure in the underdeveloped economies will further dampen the growth rate of the market. Organization’s tolerance for inconvenience and security breaches due to internal vulnerabilities will further challenge the market growth.
This data center security market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on data center security market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Data Center Security Market Scope and Market Size
The data center security market is segmented on the basis of application solution, service, data center type, deployment mode and vertical. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of application solution, the data center security market is segmented into logical security solutions and physical security solutions. Logical security solutions segment is sub-segmented into threat and application security, compliance management and data protection. Threat and application security segment is further bifurcated into unified threat management, virtualization security solutions, firewall and intrusion prevention security/intrusion detection security. Physical security solutions segment is sub-segmented into video surveillance solution, monitoring and management and access control.
- On the basis of service, the data center security market is segmented into consulting, integration and deployment and managed services.
- On the basis of data center type, the data center security market is segmented into mid-sized data center, enterprise data center and large data center.
- On the basis of deployment mode, the data centre rack server market is segmented into on-premises and cloud based.
- On the basis of vertical, the data center security market is segmented into banking financial services and insurance, IT and telecom, government and defense, healthcare, media and entertainment and others.
Global Data Center Security Market Country Level Analysis
The data center security market is analysed and market size, volume information is provided by country, application solution, service, data center type, deployment mode and vertical as referenced above.
The countries covered in the data center security market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the data center security market and its market share will continue to expand during the forecast period owing to the rising adoption of advanced technologies by the enterprises coupled with prevalence of large number of data centres. Asia-Pacific on the other hand will project the highest growth rate during the forecast period. This is because of rapid technological advancements in the field of information technology and rising adoption of mobile devices.
The country section of the data center security market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Data Center Security Market Share Analysis
The data center security market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to data center security market.
The major players covered in the data center security market report are Honeywell International Inc., Cisco Systems, Inc., Broadcom., Oracle, Eaton., Hewlett Packard Enterprise Development LP, IBM, Huawei Technologies Co., Ltd., Amazon Web Services, Inc., SAP, Schneider Electric, VMware, Inc., Check Point Software Technologies Ltd., Fortinet, Inc., McAfee, LLC, Citrix Systems, Inc, Siemens, Juniper Networks, Inc., Plex Systems. and Dell'Oro. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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