Market Snapshot:
Every year, businesses are incurring significant losses due to cyber attacks they are losing money, customers and their reputation Data centre security refer to the virtual technologies and physical practices used to prevent a data centre from external attacks and threats. It is a facility that saves IT infrastructure, comprised of networked workstations and storage used to create, process, and store large amounts of data. Use of data centre can offer various services including data storage, recovery and backup, data management and networking. The demand for data centre security is booming owing to Increasing data traffic arising from a multitude of devices is driving the growth of data centres.
Highlights from Data Centre Security Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The key Players profiled in the report are Hewlett Packard Enterprises (United States), IBM (United States), Fortinet(United States), Honeywell International(United States), Schneider Electric SE (France), McAfee(United States), Dell(United States), Robert Bosch Gmbh (Germany), Juniper Networks (United States) and Forcepoint(United States). Additionally, other players that are part of this comprehensive study are Palo Alto Networks (United States), VMware(United States), Symantec (United States), FireEye (United States) and Cisco Systems (United States).
Geographic Breakdown and Segment Analysis
The Global Data Centre Security market presents a comprehensive analysis of the Data Centre Security market by product type (Onsite, Colocation Facilities, Hyperscale and edge data centers), by end-user/application (Anti-ransomware, Anti-phishing, Remote browser isolation (RBI), Sandboxing, CDR (Content Disarm & Reconstruction) and Forensics or EDR (endpoint detection and response) technologies), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Data Centre Security industry. Investors and Players can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Data Centre Security market
Analyst at AMA have segmented the market study of Global Data Centre Security market by Type, Application and Region.
Influencing Trend:
The growth of the cloud and the Internet of Things (IoT)., , Adoption of AI and machine learning for threat detection. and Shift towards hybrid and multicloud environments.
Market Growth Drivers:
Growing demand for the physical security solutions that safeguard them, Rising data storage needs and to control cyber-attack., Increasing cyber threats and data breaches. and Growing demand for cloud-based services.
Challenges:
Sophistication of cyber threats and evolving attack vectors. and Ensuring scalability and flexibility in security solutions.
Restraints:
Cost constraints in implementing robust security measures. and Shortage of skilled cybersecurity professionals.
Opportunities:
Increased number of sophisticated attacks and Increasing data traffic and need for secured connectivity
Market Developments Activities:
In March 2023 IBM, and Cohesity announced a new collaboration to address the critical need organizations have for increased data security and resiliency in hybrid cloud environments. Combining data protection, cyber resilience, and data management capabilities from both companies, IBM will launch its new IBM Storage Defender solution which will include Cohesity's data protection as an integral part of the offering
In September 2023 IBM announced the expansion of the IBM Cloud Security and Compliance Center, a suite of modernized cloud security and compliance solutions designed to help enterprises mitigate risk and protect data across their hybrid, multicloud environments and workloads. As clients look for ways to address new threats across the supply chain and manage evolving global regulations, the solution suite helps to support their resiliency, performance, security, and compliance needs while helping to minimize operational costs.
Regulatory Insights:
the data center should have strong network security measures in place, such as firewalls, intrusion detection systems and encryption protocols. The data center should comply with relevant regulatory and industry standards for security, such as HIPAA, PCI-DSS, and SOC 2.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Data Centre Security Providers, Government Regulatory and Research Organizations and End-Use Industry