Data Center Security Market to grow $ 12.91 Billion by 2021 Data Center Security Market
4/12/2017
Data Center Security Market Worth 12.91 Billion USD by 2021 /PR Newswire India/
PUNE, India, April 19, 2016 /PRNewswire/
According to a new market research report, "Data Center Security Market by
Application Solutions (Logical Security Solutions and Physical Security
Solutions), Service (Consulting, Integration and Deployment, and Managed
Services), Data Center Type, Vertical, and Region Global Forecast to
2021", published by MarketsandMarkets, the market is expected to grow from USD 6.32 Billion in
2016 to USD 12.91 Billion by 2021, at a high Compound Annual Growth Rate (CAGR) of 15.36%.
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Browse 66 market data Tables and 43 Figures spread through 140 Pages and indepth TOCon "Data
Center Security Market"
http://www.marketsandmarkets.com/MarketReports/datacentersecuritymarket920.html
Early buyers will receive 10% customization on this report.
For the purpose of report, 2015 has been considered as the historical year and 2016 as the base
year for performing market estimation and forecasting.
The Data Center Security Market size is estimated to grow at a high Compound Annual Growth Rate
(CAGR) of 15.36% from 2016 to 2021. The global Data Center Security Market is witnessing a rapid
growth due to the growing need for network virtualization and cloud computing. Network virtualization
and cloud computing bring out higher work efficiency levels within the organization. Data center
security solutions help in securing big data transfers and securing a network from any risk.
Additionally, the growing adoption of Bring Your Own Device (BYOD) calls for advanced secured
network solutions.
"Data center security product by application solution (logical and physical) to gain market
prominence by the next five years".
The data center logical security solution by application solution is expected to hold the largest market
share during the forecast period. More than half of the total Data Center Security Market revenue is
contributed by logical security solution type and the trend is expected to continue during the forecast
period. The physical security solution is also projected to show great growth opportunities in the next
five years.
"The APAC Data Center Security Market is expected to be the fastestgrowing region"
Considering the regional trends of the Data Center Security Market, North America is projected to
hold the largest market size. The market in APAC is in the growth phase and is the fastest growing
regional Data Center Security Market. This is mainly attributed to the growing focus of the market
players to the great opportunities in the Data Center Security Market due to the presence of many
developing countries and infrastructure in this region. The Latin America and MEA regions also
depict great potentials in terms of adoption of data center security solutions.
There are various companies that are coming up with innovative and efficient data center security
solutions and services in this market due to the need for improved network security and business
operations, globally. The major players offering data center security solutions and services are
Hewlett Packard Enterprises, International Business Machines (IBM) Corporation, CISCO Systems,
Fortinet, Honeywell International, Schneider Electric SE, and others. Moreover, there are various key
innovators in the market that provide innovative data center security solutions.
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