Global Data-centric Security Market Size, Overview 2022-2032
The Global Data-centric Security Market Size is expected to reach USD 36.9 Billion by 2032, at a CAGR of 21.4% during the forecast period 2022 to 2032.
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Mission-critical safeguards for data of companies are increasingly dependent on data-centric security solutions as the volume of threats escalates. Data-centric security is still a relatively new industry globally, but as end users’ concerns about data security increase over the coming years, it is expected to grow significantly. With the rise in data breaches driving the market’s growth over the course of the projection period, data-centric security organizations are also opening up more possibilities. Data-centric safety is expected to be driven by the growing need for cloud data protection among small and large businesses. An illustration of this is the Intelligent Cloud ServicesSM offered by Informatica, which offers failover data centers alongside encryption at the operating system, database, and application levels.
With the most projected revenue share, the software and solutions sector is expected to hold a dominant position in the market. Based on componentry, the software and solutions and expert services segments of the global data-centric security market are separated. The software segment had more than 65.5% of the market. Due to its vital role in providing complete security policies, the solution category currently maintains the biggest market share for data-driven security. To safeguard data while it is being utilized, transmitted, or stored, data-centric security solutions employ a variety of technologies and protocols. Data loss prevention (DLP), data masking, tokenization, which is confidentiality, encryption, and access limits are a few of these remedies. Data-centric security systems are becoming more popular as a result of the rise in cybercrime and data leaks.
The worldwide market for data-driven security is anticipated to be dominated by the large enterprise sector over the duration of the forecast. Depending on how big an organization is, the global data-centric cybersecurity market is split into SME and big enterprise segments. In terms of market share for data-driven security over the forecast period, the big enterprise segment is expected to lead the way. Due to the availability of resources on these servers and the size of data sets they hold, as well as the rise in attacks against large organizations, there is a growing demand for information-centric security solutions. Increasingly, sophisticated cybersecurity methods—like data-driven security solutions—are needed because of the intricacy and confidentiality of attacks.
Key Market Segments:
Data-centric Security Market, Component Analysis
- Software and Solutions
- Professional Services
Data-centric Security Market, Deployment Analysis
- Cloud
- On-premises
Major listed Vendors
- Egnyte
- Forcepoint
- IBM
- Imperva
- Infogix
- Informatica
- McAfee
- Micro Focus
- Microsoft
- NetApp
- Netwrix
- Orange Cyberdefense
- Seclore
- Symantec
- Thales eSecurity
By region:
- North America (US, Canada, Mexico)
- Europe (Germany, UK, France, Italy, Spain, Russia, Rest of Europe)
- Asia Pacific (China, Japan, India, South Korea, Australia, and Rest of Asia Pacific)
- South America (Brazil, Argentina, and Rest of South America)
- Middle East & Africa (UAE, Saudi Arabia, Qatar, South Africa, and Rest of Middle East & Africa)
Competitive analysis:
The competitive analysis section of the Global Data-centric Security Market research report provides a detailed study of the competitive landscape within the market. It aims to identify and assess key market players, their strategies, and their impact on overall market dynamics. Each company’s profile provides insight into its business profile, product portfolio, geographic presence, and recent developments. This information helps stakeholders gain a comprehensive understanding of market participants and their capabilities.
In addition, competitive analysis examines the market share held by each major player and assesses their position within the market. Assessing relative market strength considers factors such as revenue, market capitalization, and market share growth over time. By understanding the distribution of market shares, industry participants can identify key players and their market power.
Browse key industry insights spread across 200 pages with 120 market data tables and figures & charts from the report on the “Global Data-centric Security Market Size, Share, and COVID-19 Impact Analysis, By Component (Software & Solutions, Professional Services), By Deployment (Cloud, On-premises), By Enterprise Size (SME, Large Enterprise), By End User (BFSI, Government & Defence, Healthcare & Pharmaceuticals, IT & Enterprises, Telecommunication, Retail, Others) and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2022 – 2032.”
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Global Data-centric Security Market
The research report aims to answer the following key questions:
- What are the main products/services offered in the market and how are they evolving to meet changing consumer demands?
- What are the key technological advances and innovations impacting the market and how will they affect the competitive landscape?
- What are the key distribution channels and marketing strategies market players employ to effectively reach their target audience?
- What are the price trends in the market, and how do prices change across different product segments and geographies?
- How will changing demographic patterns, such as age groups and income levels, affect consumer behaviour and market demand?
- What are the key cost factors and factors that influence the profitability of companies in the Global Data-centric Security Market?
- How will sustainability and environmental considerations affect consumer preferences and market growth in this sector?
- What are the investment opportunities and challenges for new entrants and investors looking to enter the market?
- How do government policies and regulations impact market dynamics and shape industry strategies?
- What are the current supply chain trends and challenges in the market, and how do they affect product availability and pricing?
- What are the levels of customer satisfaction and loyalty within the market, and how do market participants differentiate in terms of service quality?
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