The data center security market is expected to reach
USD 15.49 billion by 2024, according to a new report by Grand View Research,
Inc. Data center security encompasses all the measures taken to encapsulate the
data center environment and protect it from intrusion. It needs to be
safeguarded against attacks and manipulation at both physical and logical
level, subsequently creating a need for a cumulative deployment of security
infrastructure. The increasing awareness about the need for security, growing
demand from the data center users for an integrated infrastructure, increasing
adoption of cloud computing and virtualization, and threat to the stored information
due to the rising number of cyber-attacks are expected to propel industry over
the forecast period.
With a large number of businesses moving to
cloud computing platforms and virtualization of data storage techniques, the
traditional boundaries and perimeters of the networks are being eliminated. The
end users need to be upgraded and equipped with new and efficient technology to
tackle rising numerous threats and vulnerabilities. These existing conditions
are expected to help the industry grow in the coming years.
The demand is also fueled by a large number of
small and medium enterprises that are moving their resources to public clouds
and the growing amount of data generated online. The necessity to protect and
safeguard information, which includes critical information such as transaction
records, personal information, and intellectual property, will help to upsurge
the demand over the forecast period.
The increasing number of attacks not only
jeopardizes the reputation of companies but also endangers large amount of
private and corporate information. The recent rise in the attacks in large
corporations to gain access to these repositories of data has brought the
security issues in the data centers to the forefront, hence creating awareness
amongst the industries as well as the masses.
The ever-changing nature of technology and the
growing sophistication of attacks have led to innovations and resource pooling
by vendors in the data center security market, which may pave the way for
customizable and configurable solutions. As there is a growing need for data
center security solutions, the market is expected to foresee adoption in
numerous diverse verticals.
For full research report on Data Center
Security Market visit here: https://www.grandviewresearch.com/industry-analysis/data-center-security-market
Further key
findings from the report suggest:
- The gradual shift toward cloud computing as
well as cloud storage and networking is bringing out numerous potential
vulnerabilities and risks of exposure of important and crucial
information. This has awakened the industry to strive for better and
advanced security measures at various levels in the data center networks.
- The growing number of security breaches and
the increasing number of attacks on data centers across the world are
creating awareness regarding the need of improved security measures, both
physical, and logical. Moreover, due to the recent exasperating breaches
of the information repositories of large corporations, the necessity of a
comprehensive security policy and its execution is in a greater demand.
With a growing demand from data center users to safeguard their
information and the major initiatives taken by the governments as well as
industries to regulate data security and privacy, the industry is expected
to grow at a rapid rate over the coming years.
- Symantec Corporation, Juniper Networks Inc.,
IBM Corp., Cisco Systems Inc., and Fortinet, Inc. are some of the
prominent vendors in the market. The other key vendors include
CheckPoint Software Technologies Limited, Dell Inc., Trend Micro
Inc., Honeywell International, Citrix Systems, Inc., EMC Corp, McAfee Inc.
(Intel Corp.), and Hewlett-Packard Enterprise,among others.
Get request sample of this report here: https://www.grandviewresearch.com/industry-analysis/data-center-security-market/request/rs1
Grand
View Research has segmented the data center security market has been segmented
on the basis of application, service, solution, and region:
- Financial Services
- IT and telecom
- Government
- Education
- Healthcare
- Media &
entertainment
- Others
Data Center
Security Market Component Outlook (Revenue, USD Million, 2015 - 2024)
- Solution
- Logical security
- Threat and
application security
- Compliance
management
- Data protection
- Access control
- Others
- Physical security
- Surveillance
solution
- Monitoring
solution
- Access control
- Others
- Service
- Consulting
- Integration and
deployment
- Managed services
Data Center
Security Market Regional Outlook (Revenue, USD Million, 2015 - 2024)
- North America
- Europe
- Asia Pacific
- South America
- Middle East &
Africa
About Grand View Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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