Data Center Security Market By Top Players, Regions, Trends, Opportunity And Forecast 2014 - 2025

The data centers are considered as a vital element of organization owing to benefits such as capability to store critical information and core assets involved in the various business processes such as critical customer information, intellectual property, and transaction records. Safeguard of critical information can be achieved with the help of data center security. These factors are expected to foster the growth of data center security industry over the forecast period.

Early adoption of the advanced data security solutions allows organization to protect and safeguard core assets by offering immunity at different levels of business processes. The market is expected to display a high growth rate in the upcoming years owing to the vast increase in amount of businesses implementing cloud computing platforms and virtualization methods for their business information storage.

Increasing adoption of the various cloud computing platforms and virtualization methods leads to excessive vulnerabilities at different levels in the framework. This creates a need to implement stringent measures to minimize vulnerabilities involving both logical and physical measures. In addition, the virtualization of workplaces coupled with introduction of software-defined storage is leading to increase in the number of malware attacks and intrusion threats. These factors are expected to boost the market demand for advanced data center security solution over the forecast period.

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Emergence of software-defined networking solutions and shifting trend towards Bring Your Own Device (BYOD) is predicted to drive demand for exclusive control and surveillance issues in the existing infrastructure of the data centers, thereby driving the market growth of data center security market in the upcoming years.

The data center security industry is broadly categorized into five major segments based on end-user application such as IT & telecom industry, healthcare sector, banking & financial services industry (BFSI), retail companies, and research and development firms. The IT & telecom industry is considered as one of the fastest growing segment in the market with substantial revenue generation in the last couple of years.

Growing popularity of IT & telecom market segment is attributed to the emergence of new threats, the sophistication of attacks, and shifting focus towards adoption of next generation technology. The financial services segment has also witnessed massive growth, in the recent years due to the increasing demand to store sensitive business information and a larger attack area for incursions into the networks.