Profile image
Story Views

Last Hour:
Last 24 Hours:

Data Center Security Market to grow $ 12.91 Billion by 2021

Friday, October 7, 2016 0:30
% of readers think this story is Fact. Add your two cents.

According to a new market research report “Data Center Security Market by Application Solutions (Logical Security Solutions and Physical Security Solutions), Service (Consulting, Integration and Deployment, and Managed Services), Data Center Type, Vertical, and Region – Global Forecast to 2021″, The data center security market is expected to grow from USD 6.32 Billion in 2016 to USD 12.91 Billion by 2021, at a high Compound Annual Growth Rate (CAGR) of 15.36%.

Browse 66 market data Tables and 43 Figures spread through 140 Pages and in-depth TOC on “Data Center Security – Global Forecast to 2021″
Early buyers will receive 10% customization on report.

For the purpose of report, 2015 has been considered as the historical year and 2016 as the base year for performing market estimation and forecasting.

The data center security market size is estimated to grow at a high Compound Annual Growth Rate (CAGR) of 15.36% from 2016 to 2021. The global data center security market is witnessing a rapid growth due to the growing need for network virtualization and cloud computing. Network virtualization and cloud computing bring out higher work efficiency levels within the organization. Data center security solutions help in securing big data transfers and securing a network from any risk. Additionally, the growing adoption of Bring Your Own Device (BYOD) calls for advanced secured network solutions.

“Data center security product by application solution (logical and physical) to gain market prominence by the next five years”.

The data center logical security solution by application solution is expected to hold the largest market share during the forecast period. More than half of the total data center security market revenue is contributed by logical security solution type and the trend is expected to continue during the forecast period. The physical security solution is also projected to show great growth opportunities in the next five years.

“The APAC data center security market is expected to be the fastest-growing region”

Considering the regional trends of the data center security market, North America is projected to hold the largest market size. The market in APAC is in the growth phase and is the fastest growing regional data center security market. This is mainly attributed to the growing focus of the market players to the great opportunities in the data center security market due to the presence of many developing countries and infrastructure in this region. The Latin America and MEA regions also depict great potentials in terms of adoption of data center security solutions.

There are various companies that are coming up with innovative and efficient data center security solutions and services in this market due to the need for improved network security and business operations, globally. The major players offering data center security solutions and services are Hewlett Packard Enterprises, International Business Machines (IBM) Corporation, CISCO Systems, Fortinet, Honeywell International, Schneider Electric SE, and others. Moreover, there are various key innovators in the market that provide innovative data center security solutions.

The market is segmented based on application solutions that include physical security and logical security, and services which consists of consulting, integration & deployment, and managed services. Further, the data center security market is also segmented based on data center types, industrial verticals, and regions. The scope of the report covers detailed information regarding the major factors influencing the growth of the data center security market, such as drivers, restraints, opportunities, and challenges. A detailed analysis of the key industry players has been done to provide insights into their business overview, products and services, key strategies, new product launches, partnerships, collaborations, expansions, and competitive landscape associated with the data center security market.

About MarketsandMarkets

MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. 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.

M&M’s flagship competitive intelligence and market research platform, “RT” 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. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Mr. Rohan
Markets and Markets 
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India

We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Top Global


Top Alternative




Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.