Data Center Security Market 2018 to 2023 Global Key Players: Hewlett Packard, Fortinet, Schneider Electric, Robert Bosch, McAfee, Dell, Intel Corporation, Citrix Systems

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

Market Scenario:

According to a new report by Market Research Future (MRFR), the global data center security market has been projected to reach USD 15 billion. The market is anticipated to showcase a staggering growth rate of 13 % over the assessment period (2017-2023) owing to the growing emergence of cloud-based technologies. Data center security focuses to make business data less accessible to hackers who are seeking for unauthorized access to data. Data center security finds its application in various industry verticals such as healthcare, retail, BFSI, manufacturing, IT and telecommunications.

Get a Sample Report @ https://www.marketresearchfuture.com/sample_request/4785

Industry News
WISeKey International Holding Ltd., a leading IoT and cybersecurity company has announced the expansion of its data center business with Datrium which is a US based company in the converged storage market. WISeKey has been offering both international and local companies with cloud hosting solutions and data center colocation, thus developing a trust for delivering innovative technologies and secure data center solutions.

Major Key Players

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.).

According to MRFR, 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

Future Constraints and Drivers Impacting the Market Growth

The growing popularity of online shopping platforms and e-commerce industry along with the growing demand for mobile applications are some of the major factors fuelling the growth of data center security market globally. Increasing adoption of data center solutions and growing awareness regarding data security is also boosting the market growth during the assessment period. Also, the presence of technology giants like Dell Inc., Hewlett Packard, Cisco Systems Inc., Intel Corporation Honeywell International Inc., International Business Machines Corporation, Fortinet Inc., McAfee Inc., and others are expected to spur the market growth.
With the increasing acceptance of virtualization, cloud services, and big data, the demand for reliable and secure data storage has grown. Besides, with an increasing volume of critical data and confidential information, the importance of protecting the information has risen which further leads to the growth of the data security market.

Data Center Security Market Segmentation

Globally, the data center security market has been segmented based on data center type, component, vertical, and region.
The market has been segmented into services and solution on the basis of component. The solution segment has been further classified into physical security solution and logical security solution. The physical security solution has been segmented into facility security, perimeter security, computer room security, and rack level security. The facility security sub-segment is predicted to grow at the highest rate due to the growing demand for data centers across several industries. Moreover, implementation of big data analytics, cloud-based services, and IoT are the major factors fuelling the market growth.

North America Accounted for the Largest Market Share

Geographically, the market has been segmented into North America, Asia Pacific, Europe, and Rest-of-the-World.
While North America has been accounted for the largest market share, the Europe is anticipated to grow at the fastest rate over the assessment period. The North American market growth can be attributed to growing adoption of mobile devices with NFC service enabled along with technological advancements across industry verticals.

Canada and U.S. are expected to dominate the North American market owing to technological advancements and increasing demand for data center security solutions. Also, with the implementation of cloud-based technology is another factor spurring the growth of the market globally.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/data-center-security-market-4785

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.