The Global Data Center Security Market was valued at USD 6.58 billion in 2016 and is projected to reach USD 24.95 billion by 2025, growing at a CAGR of 15.96% from 2017 to 2025.
Data center security is a set of practices that make a data center more secure from a range of different kinds of threats and attacks. Data center security aims to make that data less accessible to hackers or anyone else who may seek unauthorized access. Benefits of data center security include –
prevention of attacks entering organizationâ€™s network, detect advanced malware, close security gaps, have a multi-pronged approach with adaptive defense, protect the key assets, faster response to incidents in the data center, and provide continuous, dynamic resolution to incidents.
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1. Market Drivers
1.1 Growing need for data centers
1.2 Adoption of virtualization and cloud computing
1.3 Rising number of attacks
1.4 Increasing network traffic and need for secure connectivity
1.5 Need for integration of physical and logical security solutions
2. Market Restraints
2.1 Innovations in data centers
2.2 Budget constraints
2.3 Availability of low cost substitutes and piracy
The Global Data Center Security Market is segmented on the data center type, application solution, service, vertical, and region.
1. By Data Center Type:
1.1 Large Data Center
1.2 Enterprise Data Centers
1.3 Mid-Sized Data Centers
2. By Application Solution:
2.1 Logical Security Solutions
2.2 Physical Security Solutions
3. By Service:
3.1 Managed Services
3.3 Integration and Deployment
4. By Vertical:
4.3 IT and Telecom
4.4 Banking, Financial Services, and Insurance (BFSI)
4.5 Media and Entertainment
5. By Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa
The major players in the market are as follows:
1. IBM Corporation
2. Robert Bosch GmbH
3. Hewlett Packard Enterprise Co.
4. Mcafee, Inc. (Subsidiary of Intel Corp.)
5. Cisco Systems, Inc.
6. Honeywell International, Inc.
7. Check Point Software Technologies Ltd.
8. Fortinet, Inc.
9. Dell, Inc.
10. Schneider Electric SE
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:
Research study on the Global Data Center Security Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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