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.
![]() |
U.S. Data Center Security Market by Logical Security Solution, 2014 - 2024 (USD Million) |
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.
In depth research report on 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.
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
§
Threat and application security
§
Compliance management
§
Data protection
§
Access control
§
Others
o
Physical security
§
Surveillance solution
§
Monitoring solution
§
Access control
§
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
Browse more research reports of this category:
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, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals,
materials, healthcare and energy.
No comments:
Post a Comment