Data Center Security Market Demand, Future Trend And Recent Development By Forecast 2027
Summary:
A new study title “Data
Center Security market size, status and forecast 2027” has been featured
on market research future.
The global market report with a
proper discussion of the data center security market reveals possibilities where the predicted growth path would surpass a
valuation of USD 15 billion by 2023. During the forecast period from 2021 to
2027, the market would achieve a CAGR of 13%. Market Research Future (MRFR)
claims that factors like growing demand for data across sectors, government
initiatives to make online transactions easier and safer, implementation of
stringent policies to protect users, growing instances of a data breach, and
others are expected to bolster the global data center security market.
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Segmentation:
The global report on the data center
security market was discussed by MRFR analysts on the basis of segments like
data center type, component, and vertical. These segments and data may help in
finding insights that can inspire moves to increase revenues.
By component, the study of the global
data center security market has been studied on the basis of solutions and
services. The solution segment includes a detailed study of physical security
solutions and logical security solutions. The logical security solutions
segment relies on a segmentation of threat & application security and data
protection & infrastructure security. The physical security solutions
segment comprises facility security, computer room security, perimeter
security, and rack-level security. The services segment has been segmented on
the basis of integration & deployment, managed services, and consulting
services.
By data center type, the study on the
data center security market includes segments like enterprise data center,
mid-sized data center, and large data center.
By vertical, the discussion on the
data center security market includes healthcare, BFSI, media &
entertainment, IT & telecommunication, government & defense, and
others.
Regional Analysis:
Infrastructural support and influx of
investments are expected to ensure the privileged position of the North
American market. Countries like the US and Canada are displaying an inclination
towards this product, which can back the regional market rise.
Competitive Landscape:
International Business Machines (IBM)
Corporation (US), Hewlett Packard (US), Schneider Electric SE (France), Fortinet
Inc. (US), Honeywell International Inc. (US), Robert Bosch GmbH (Germany),
McAfee, Inc. (US), Dell Inc. (US), Cisco Systems, Inc. (US), Intel Corporation
(US), Symantec Corporation (US), Juniper Networks, Inc. (US) Check Point
Software Technologies Ltd. (Israel), Tyco International (Ireland), Siemens AG
(Germany), Trend Micro, Inc. (Japan), and Citrix Systems, Inc. (US) are some of
the impacting companies who delve deep into the market by implementing
strategic mechanisms to profit more.
Industry News:
In August 2020, Switch Datacenters
recently declared that they are planning to make security robots for data
centers in 2021. The company will also use the same and sell it to enterprises,
including data center companies. This new design will include a 250lb device
with 360-degree cameras, number-plate recognition that would help in
identifying cars in the facility car park, heat sensors to scan visitors' body
temperature as a preventive measure for coronavirus symptoms, and continuous
monitoring from aqSwitch facility. The company is planning to develop a robotic
AI human-in-the-loop security solution as it would be better than human beings
in such critical situations.
During the COVID-19 crisis, a lot of
companies relied on cloud infrastructure to maintain a smooth workflow. This is
generating data in massive amounts and it spurred the demand for data center
security. Companies have started investing substantial amounts to boost the
global need and capitalize on the opportunity that is expected to ensure better
growth in the coming years.
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