Data Center Security Market Research Report - Global Forecast to 2023

Global Data Center Security Market: by Component (Solution, Services), Data Center Type (Mid-Sized Data Center, Enterprise Data Center, Large Data Center), Vertical (BFSI, Healthcare, IT & Telecommunication, Media & Entertainment) – Forecast to 2023

ID: MRFR/ICT/3358-HCR | February 2021 | Region: Global | 100 pages

Market Synopsis of Data Center Security Market:
Market Scenario:
Data center refers to repositories of business data, requiring a dedicated security effort in order to prevent them from different threat and attacks. Data center security aims to make the business data less accessible to hackers or anyone who is seeking unauthorized access for the same. The data center security solutions are also expected to be flexible, effective and easy to manage.


Technology giants such as 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 major players in the data center security market. Data center management solutions from Intel corporation helps the enterprises in managing various upcoming technologies like public cloud computing, virtualization, software defined networking and advanced cyber security.


Toshiba Corporation is one of the leading vendors of the data center security market. They own a range of Toshiba TEC Data Center security and offer products with quality, reliability and with low cost of ownership. The company focuses on designing Data Center security for small scale retail and hospitality environments whereas, Sharp Corporation focuses on serving with electronic registers that are used in order to reduce operating errors.


Increasing demand for mobile applications and growing popularity of e-commerce and online shopping platforms are other major factors driving the growth of the global data center security market. Furthermore, increasing awareness regarding the security of data and increasing adoption of data center solutions is boosting the growth of the market.


The global data center security market has been segmented on the basis of component, data center type and vertical. The component segment is classified into solution and services. The solution segment is classified into logical security solutions and physical security solutions. The physical security solutions segment is further classified into perimeter security, facility security, computer room security and rack level security. However, the sub segment facility security is expected to grow at the highest rate owing to the increasing demand for data centers across different industry verticals. Increasing implementation of cloud based services, big data analytics and internet of things are the major factors driving the growth of data center security market.


The North American region holds the largest share of the market across the globe followed by Europe, and Asia Pacific region. The U.S. and Canada are dominating the North America market due to rising technological enhancements and increasing demand for data center security solutions and services across various enterprises in the region. The region also has a well-established infrastructure, which allows faster implementation of advanced technologies. Additionally, the growing implementation cloud based technologies is another major factor driving the growth of Data Center Security market in the region.


The global data center security market is expected to grow at a CAGR of approximately 13% during the forecast period 2017-2023.
Global Data Center Security Market:
Data Center Security Market


Key Players:
Some of the prominent players in the global data center security market are 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.), and Robert Bosch GmbH (Germany), Check Point Software Technologies Ltd. (Israel), Cisco Systems, Inc. (U.S.), Intel Corporation (U.S.), 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.).



Segments:
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.



Regional Analysis:
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.



Intended Audience:



  • 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)



Frequently Asked Questions (FAQ) :


Hewlett Packard, International Business Machines Corporation, Fortinet Inc., Honeywell International Inc., McAfee, Inc., Dell Inc., Cisco Systems, Inc. and Intel Corporation are the major players in the data center security market.

Toshiba Corporation is one of the leading vendors of the data center security market that is becoming popular since many years.

The swelling demand for mobile applications as well as budding popularity of e-commerce and online shopping platforms are other significant factors boosting the growth of the global data center security market.

As per the study, North American region holds the largest share of the market across the globe.

The market will be grabbing a CAGR of approximately 13% during the forecast period.