Data Center Security Market – Overview:
Data center security market is estimated to exhibit high growth potential during the forecast period owing to its increasing demand across various industry verticals. Rising demand among the enterprises for data center security is driving the growth of the market. Additionally, innovations and advancements in technology, and increasing implementation of cloud based services is adding fuel to the growth of the data center security market.
Hewlett Packard, International Business Machines Corporation, Fortinet Inc., Honeywell International Inc., McAfee, Inc., Dell Inc., Cisco Systems, Inc. and Intel Corporation are some of the leading players in the market. McAfee provides visibility and data center security solutions across the ever-expanding cloud services. Whereas, Fortinet focuses on keeping threats out of data center by focusing on cloud security, enterprise firewall solution, intrusion prevention system and application security. The company focusses on offering innovative solutions and keeps up with the fast pace of the technological advancements.
Increasing trend of cloud computing solutions and growing popularity of cloud based services are the major factors driving the growth of the market. Symantec Corporation focuses on providing security hardening and monitoring for private cloud and physical data centers. Focus towards the promotion of implementing cloud computing solutions is increasing due to the convenience provided to the end users and growing trend of digitalization is another factor responsible for fueling the growth of data center security market.
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Major Key Players
Cisco Systems, Inc. (U.S.),
Intel Corporation (U.S.),
Hewlett Packard (U.S.),
International Business Machines (IBM) Corporation (U.S.),
Fortinet Inc. (U.S.),
Honeywell International Inc. (U.S.),
Schneider Electric SE (France),
McAfee, Inc. (U.S.),
Dell Inc. (U.S.),
Robert Bosch GmbH (Germany),
Check Point Software Technologies Ltd. (Israel),
Siemens AG (Germany), Trend Micro, Inc. (Japan), Tyco International (Ireland), Symantec Corporation (U.S.), Juniper Networks, Inc. (U.S.) and Citrix Systems, Inc. (U.S.).
The global Data Center Security Market is projected to reach USD 15 billion at a CAGR of over 13% by the end of the forecast period 2017-2023
The global data center security market is segmented by component, data center type and vertical. Based on the component, the market is segmented into solution and services. The solution segment is classified as physical security solutions and logical security solutions. The logical security solutions segment is further classified as threat and application security and data protection and infrastructure security. Whereas, the physical security solutions segment is further classified as perimeter security, facility security, computer room security and rack level security. The services segment is further classified as integration and deployment, managed services and consulting services. Based on data center type, the market is segmented as mid-sized data center, enterprise data center and large data center. Based on vertical, the market is segmented as BFSI, healthcare, IT & telecommunication, media & entertainment, Government & defense and others.
The global data center security market is studied for Asia Pacific, North America, Europe, and the Rest of the World. It has been observed that North America is estimated to account for the largest share of the market, whereas, Europe is projected to grow at the fastest rate during the forecast period. The North American market growth is attributed to technological advancements and increased adoption of mobile devices enabled with NFC services across various industry verticals.
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- Technology Investors
- Research/Consultancy firms
- Technology Solution Providers
- System Integrators
- Consulting Services providers
- Government Bodies
- Hospitality Sector
- Telecom Operators
- IT Services Provides
- Cloud Services Providers
- Data Center Vendors
- Internet Service Providers (ISPs)
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