Data Center Security Market Upcoming Trends, Demand and Analysis Till 2025
On basis of geography, the data center security market is segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. North America is expected to account for the largest share in the data center security market, due to high adoption of the cloud computing solutions and increasing number of data centers in the region. This data is prone to cyber threat and data breaches and could lead to heavy losses for companies. Therefore, data security solutions are increasingly being adopted by companies. For instance, according to the Coherent Market Insights’ analysis, in 2017, the total number of data breaches in the U.S were pegged at 1,580.
Request For Sample Copy of this Research Report : https://www.coherentmarketinsights.com/insight/request-sample/1385
Data center comprises networked computers and stores information that businesses use to organize and utilize for centralizing IT operation process. Data center security solutions offers network security, server security, scalability management, protection against cyber-attacks, and others for enhancing security of these centers. Some of the major global organizations such as World Health Organization (WHO) and World Trade Organizations (WTO) and various companies are focusing on taking appropriate measures on data centers security in order to protect important data. Therefore, rising security concerns regarding data centers have become a major factor leading to increasing demand for improved and effective security solutions, which is anticipated to fuel the market growth.
Growing adoption of virtualization and cloud technology is a major factor driving growth of the data center security market
Adoption of virtualization and cloud deployments has led to significant increase in volume of data. However, this data is vulnerable to external attacks without proper security measures and can lead to loss or breach of confidential data. The major cloud vulnerabilities for data centers include, session riding, virtual machine escape, and insecure cryptography. For instance, according to ITRC (Identity Theft Resource Center) Organization’s analysis, in 2016, around 454 data breaches were recorded in U.S. This is expected to boost demand for improved security solutions to reduce risk of data breaches in data centers thus, propelling growth of data center security market. However, availability of additional software at low cost and lack of awareness are the major factors hampering growth of the market.
Increasing financial globalization plays a major role in expanding banking and financial sector. Therefore, for maintaining large volume of data, management of data centers with efficient security solutions is required. For instance, according to the ITRC (Identity Theft Resource Center) Organization’s analysis, in 2016, around 43 data breaches were reported in the banking and financial sector in the U.S. Therefore, demand for security solutions is increasing significantly, which has positively impacted growth of the data center security market.
Data center security market: Competitive Background
Major players operating in the data center security market are Symantec Corporation, Juniper Networks Inc., Allegion, Arecont Vision, Assa Abloy, Axis communications, BOON Edam, byRemote, Digitus Biometrics, EMKA, Exacq Technologies, FutureNet Security Solutions, and Hangzhou Hikvision Digital Technology.
Request For Table of Content of this Report : https://www.coherentmarketinsights.com/ongoing-insight/toc/1385
You may be interested
Refurbished Medical Equipment Market Positive long-term growth outlook 2018-2026Albert R - August 19, 2018
Refurbished Medical Equipment Market report 2018-2026 focuses on the major drivers and restraints for the key players. These research report also provides granular analysis of the market…
Stem Cell Assay Market Trends Estimates High Demand by 2026Albert R - August 19, 2018
Stem Cell Assay Market report 2018-2026 focuses on the major drivers and restraints for the key players. These research report also provides granular analysis of the market…
Urolithiasis Management Devices Market to Grow Like Never Before By 2026Albert R - August 19, 2018
Urolithiasis Management Devices Market report 2018-2026 focuses on the major drivers and restraints for the key players. These research report also provides granular analysis of the market…