Industry Background:
Big data security includes all security measures and tools applied to analytics and data processes from attacks, theft, or other malicious activities that could harm or negatively affect them. Much like other forms of cyber-security, the big data variant is concerned with attacks that originate either from the online or offline spheres. Increasing digitization in various companies across the globe has led to significant growth of the global big data security market in the forecast period.This growth is primarily driven by Increasing Variety and Volume of Business Data Generated From Various Sources and Rising Demand for Big Data Security in the Manufacturing Sector.
Globally, a noticeable market trend is evident Increasing Cyber-Attacks Demand for Scalable High-Security Solutions. The Business Services sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Microsoft (United States), Oracle (United States), Amazon Web Services (United States), IBM (United States), HPE (United States), Gemalto (Netherlands), Cloudera (United States), Informatica (United States), DataVisor, Inc. (United States), Hortonworks (United States) and Symantec (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 23rd April 2019, Symantec has announced it has become a member of the United States’ Department of Defense’s (DOD) Defense Industrial Base (DIB) Cybersecurity (CS) program. The DIB CS program is a voluntary cyberthreat information-sharing initiative established by the DOD to enhance and supplement DIB participants’ capabilities to mitigate cyber-attacks.
On 25th June 2019, Symantec Corp. a global cybersecurity leader and an Advanced Technology Partner in the Amazon Web Services (AWS) Partner Network (APN) has announced a new service for Symantec’s Cloud Workload Protection (CWP) solution and Amazon GuardDuty to provide automated remediation and enhanced threat intelligence for AWS workloads and storage.
Market Drivers
- Increasing Variety and Volume of Business Data Generated From Various Sources
- Rising Demand for Big Data Security in the Manufacturing Sector
Market Trend
- Increasing Cyber-Attacks Demand for Scalable High-Security Solutions
Restraints
- Lack of Data Security Awareness
- Low Data Security Budget and High Installation Cost of Solutions
Opportunities
Increasing Demand for Third-Party Managed Security Service Providers
Challenges
Lack of Security Expertise and Skilled Working Professionals
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Big Data Security Study Sheds Light on
— The Big Data Security Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Big Data Security industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
— Where Big Data Security industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
— How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.