Global Data Centric Security Market Overview:
Generally, security technology is concerned about where the data is stored and then protecting it. Like protecting a computer or server or any network. But data-centric security focuses on what needs to be protected—sensitive data files—and applying the required level of security regardless of where the data is stored. Data-centric security is distinguished by the fact that protection is extended to the data itself, regardless of its location. Software agents are typically deployed on laptops, desktops, computers, mainframes, mobile devices, and other Information assets where confidential data is generated or processed in a standard data-centric protection deployment. Administrators determine the required mode of security for and data type and usage case in a centralized management console, which controls these agents. Some of the players profiled in the study are Seclore (United States), Informatica (United States), IBM (United States), Broadcom (United States), Microfocus (United States), Varonis System (United States), Talend (United States), Orange Cyberdefense (France), NetApp (United States) and Infogix(United States).
On the basis of geography, the market of Data Centric Security has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology, the sub-segment i.e. Point Solutions will boost the Data Centric Security market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Verticals, the sub-segment i.e. BFSI will boost the Data Centric Security market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Device, the sub-segment i.e. Laptops will boost the Data Centric Security market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Need of Enterprises to Protect Sensitive Data
- Growing Creation of Data
- Loopholes in Traditional Data Protection Approaches
Influencing Trend
- Increasing Popularity of Platform Solutions in Data Centric Security
Restraints
- High Cost of Initial Instalment of Data Centric Security
Opportunities
- Innovations Like Format Retaining Encryption Will Increase the Demand Of Data Centric Security
- Growing It Industry Will Boost the Demand of Data Centric Security
Challenges
- Slow Adoption of Data Centric Security Due to Its Complex Nature
- Data Centric Security Needs Maintenance to Work Properly
Key Market Developments:
On August 18th, 2020, Informatica, a leading provider of data centric security announced it has acquired GreenBay Technologies Inc. to accelerate its innovation in AI and machine learning data management technology. According to Informatica, this acquisition will strengthen its capabilities across its data platform which will benefit its enterprise customers.
Target Audience:
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Data Centric Security Solution Providers, Government Regulatory and Research Organizations, End-Use Industries and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Data Centric Security market on the basis of product [Data Protection, Data Governance, Policy Management, Data Discovery, Classification, File Deletion, Integrations and Others] , application [], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Data Centric Security market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Data Centric Security industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are PKWARE (United States) and Fasoo (South Korea).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Data Centric Security market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.