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.
Browse full report by Grand View
Research :
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.
Browse more reports of this category by Grand View
Research: http://www.grandviewresearch.com/industry/network-security-software-and-services
Grand View Research has
segmented the data center security market has been segmented on the basis of
application, service, solution, and region:
Data Center Security Market Application Outlook (Revenue,
USD Million, 2015 - 2024)
·
Financial Services
·
IT and telecom
·
Government
·
Education
·
Healthcare
·
Media & entertainment
·
Others
Data Center Security Market Component Outlook (Revenue,
USD Million, 2015 - 2024)
·
Solution
o Logical security
o Threat and application security
o Compliance management
o Data protection
o Access control
o Others
o Physical security
o Surveillance solution
o Monitoring solution
o Access control
o Others
·
Service
o Consulting
o Integration and deployment
o Managed services
Data Center Security Market Regional Outlook (Revenue,
USD Million, 2015 - 2024)
·
North America
·
Europe
·
Asia Pacific
·
South America
·
Middle East & Africa
Access press release by Grand View Research: http://www.grandviewresearch.com/press-release/global-data-center-security-market
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.
For more information: http://www.grandviewresearch.com
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