|
Home > Software News:
|
Watch News Feed
Bestsellers Software
|
(I-SoftwareNews.Com, June 26, 2018 ) The data-centric security market size is expected to grow from USD 2.06 Billion in 2017 to USD 5.83 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 23.1% during the forecast period. The demand for data-centric security solutions and services is expected to be driven by many factors, such as data security governance, exploitation of trending technologies for enterprise data breaches, and stringent government regulations.
Download PDF brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=1504980
The data-centric security market has been segmented on the basis of components, organization sizes, verticals, and regions. Among the components, the services segment is expected to grow at a higher CAGR during the forecast period and the solutions segment is estimated to have the largest market size in 2017. Data-Centric Security solutions and services aid in data auditing, monitoring and reporting, data governance, and data protection. Data protection measures such as encryption, masking, tokenization, anonymization, and pseudonymization aid in safeguarding structured and unstructured data in transit, data in rest, and data in process.
The large enterprises segment is expected to hold a larger market size during the forecast period. Large enterprises have been operating in a highly saturated market, wherein, they are left behind with limited growth opportunities. As these enterprises have various types of IT infrastructure, they face the difficult task of effectively managing the security of data on-premises and in the cloud. Different teams working in silos, such as file systems, database, SaaS, and IaaS, require different security and auditing measures. An increasing need for centralized policy management based on rules-provided data governance is expected to fuel the growth of the data-centric security market.
North America is estimated to have the largest market share in 2017, whereas the Asia-Pacific (APAC) region is projected to grow at the highest CAGR during the forecast period in the data-centric security market. Increasing of cyber-attacks, government data protection regulations, and proliferation of the adoption of cloud-based platforms are expected to drive the demand for data-centric security solutions and services, globally.
The adoption of data-centric security market solutions and services is expected to increase, owing to the rapid growth of cloud adoption, regulatory compliances, data governance, and data protection. However, major issues faced by enterprises while adopting data-centric security solutions and services are enterprise budgetary concerns, lack of context-aware data-centric security solutions, and the lack of technical expertise among enterprise workforce.
Major vendors providing data-centric security solutions and services are IBM (New York, US), Imperva (California, US), Informatica (California, US), Oracle (California, US), Varonis Systems (New York, US), AvePoint (New Jersey, US), BlueTalon (California, US), Dataguise (California, US), Datiphy (California, US), Micro Focus (Berkshire, UK), NextLabs (California, US), and Protegrity (Connecticut, US). These players have adopted various strategies, such as new product developments; partnerships, agreements, and collaborations; mergers and acquisitions; and business expansions to expand their presence in the global data-centric security market.
To Know More About Data-Centric Security Market - https://www.marketsandmarkets.com/Market-Reports/data-centric-security-market-1504980.html
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
MarketsandMarkets
Mr. Salgarkar
1-888-600-6441
sales@marketsandmarkets.com
Source: EmailWire.Com 
Source: EmailWire.com
|
|
|
|
|
I-SoftwareNews.Com Sponsors
|
|
|
|
|
