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.
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| U.S. Data Center Security Market by Logical Security Solution, 2014 - 2024 (USD Million) |
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
research report on Data Center Security Market: www.grandviewresearch.com/industry-analysis/data-center-security-market
Further
Key Findings From the Study 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: 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
- 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
Access
Press Release By Grand View Research: 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.
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