Global Data Center Security Market and Cloud Security Software Market 2018 By Size, Share, Trends, Key Players, Competition, Opportunities & Forecast 2023
Global Data Center Security Market and Global Cloud Security Software Market is an Extensive analysis of industry conducted by following key product positioning and monitoring the top competitors within the market framework. The report will assist reader with better market understanding and decision making.
Dallas, United States – June 4, 2018 /MarketersMedia/ —
Global Data Center Security Market 2018-2023:
The global data center security market was valued at USD 8.86 million in 2017, and is expected to reach a value of USD 20.19 million by 2023, at a CAGR of 14.70%, during the forecast period (2018-2023). The market is segmented by type of solutions, end-user vertical and geography. This report focuses on adoption of these solutions for various applications various regions. The study also emphasizes on latest trends, industry activities, and vendor market activities.
As adoption of cloud services, big data, and virtualization continues to grow, the demand for secure and reliable data storage has increased drastically. With increasing volume of confidential information and critical data, the importance of protecting information has risen in prominence due to a rise in high-profile attacks.
Physical security is a top priority for many organizations and governments, as these solutions include monitoring, analysis and modeling, video surveillance and damage prevention, and restrict unauthorized access.
A considerable share of app developers and companies have been identified to utilize colocation data centers to manage and store the data, to avoid costs incurred from maintaining an in-house data center. This trend is expected to follow over the forecast period, which could affect the adoption rates of security measures.
Companies Mentioned:
Symantec Corporation, VMware, Inc., Cisco Systems Inc., Checkpoint Software Technologies Ltd., Fortinet, Inc., McAfee, Inc., Citrix Systems, Inc, Trend Micro Inc., Juniper Networks, Inc., Schneider Electric SE, Siemens, Dell, Inc., Honeywell International, Inc., IBM Corporation
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Advent of Monitoring Solutions are Driving the Adoption of Data Center Security Solutions
Rising power density and dynamic power variations are two major factors that are forcing the conventional personnel based monitoring systems to be replaced. Physical threats to the data center include power, cooling, human error, malice, fire, leaks, and air quality. Power, cooling, and fire related threats are monitored by built-in capabilities of power, fire suppression, and cooling devices. UPS systems are being employed extensively to monitor the power quality, load on battery health, while PDUs are being employed for monitoring circuit loads.
Temperature sensors and humidity sensors are being used for monitoring the air temperature and humidity within the data center. Rope and spot leak sensors are being employed for monitoring liquid leaks that can damage the floors, cabling, and CRAC related structures.
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Some Point from TOC:
1. Introduction
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
5. Global Data Center Secuirty Market Segmentation
….Continued
Part 2:
Global Cloud Security Software Market 2018-2023:
The global cloud security software market was valued at USD 25.1 billion in 2017 and is expected to reach a market value of USD 33.6 billion by 2023, registering a CAGR of 4.94% during the forecast period (2018 – 2023). The growing data generation and increasing complexity of technologies have resulted in a heavy dependence of organizations on cloud services for operations and data management. The cloud industry has experienced a rapid growth in its adoption in the last decade from technology-based companies. This trend is also followed by other industries, due to their realization of the advantages offered by the cloud systems. This is creating an environment where cloud services are acting as the backbone of many business operations. This growth in the adoption of cloud services is having a direct impact on the demand for cloud security solutions.
The report is segmented on the basis of types of cloud security software and deployment models. The report is also segmented by industry and region.
Companies Mentioned:
TrendMicro, Symplified Inc., CA Technologies, McAfee, IBM Corp, Cipher Cloud, Safenet, VMware, Microsoft Corporation, Dell Corporation, Hewlett Packard Enterprise, Cisco Solutions, Panda Security, Websence, Checkpoint, Trustwave, Intel Security Group, Porticor Ltd, Fortinet, NetLib Security, Inc.
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Increased Spending on Network Security is the Major Market Driver
According to a recent survey, big companies spend around 11% of their IT budgets on security, whereas small businesses spend nearly 15%. Non-complex or weak network access are common problems in network security in recent times. Since hackers are motivated by scoring political points and embarrassing the companies, they are focusing on stealing unstructured data, such as email and other important documents. Loss of such data might adversely affect the business of an organization due to loss of reputation, like in the case of Sony. The purpose of IT spending on security measures is to manage security breach and to ensure its reduction at a significant level. As phishing attacks have increased in number, an intrusion prevention software can help both the targeted users and the organizations as a whole.
Recent data breaches of the top companies around the world have led to the increased adoption of the cloud security systems. The increase in the number of cyber-attacks in the last few years has created demand for improved security. Banking services are becoming a primary target of the hackers, as they have critical user information. The aforementioned reasons are pushing investments from these industries in cloud security. Thus, growing need for security and increasing IT spending on security solutions is driving the growth of the market.
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Some TOC Points:
1. Introduction
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
…Continued
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