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World Data Center Security Market – Business Opportunities and Forecast Analysis by 2017-2023

02-05-2019 07:17 PM CET | IT, New Media & Software

Press release from: Allied Market Research

World Data Center Security Market – Business Opportunities

The pursuit of practices known to make data centers highly secure from attacks and threats is termed as data center security. Data center is considered to be a key resource for enterprises and thus needs dedicated security initiatives. Emergence of data center security has helped in safeguarding critical information as well as applications across virtualized environments with optimum protection.

Growing adoption of data center virtualization, big data analytics & cloud computing and rise in cyber threats are few of the many factors fueling the growth of data center security market. Nonetheless, availability of substitute software at low cost and lack of awareness are the prime factors hindering the growth of this industry. On the other hand, advent of advanced data security solutions, would be providing ample growth opportunities to different existing and emerging service providers.

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Strategies such as contact upgradation and joint ventures have helped the companies maintain a competitive edge in the market. Enterprises are observed making huge investments in research and developments to improve their brand image. Some of the prominent market players include IBM, MacAfee, HP, Schneider Electric, Dell, Symantec, Check Point Software Technologies, Cisco Systems, Juniper Networks and Fortinet, Inc. among others.

The market is bifurcated in terms of solution, service, industry, and geography. In terms of solutions, the market is segmented into physical and logical security solutions. The market is also segmented based on industry vertical namely healthcare, BFSI, information technology & telecom, energy, government and others. Market by service is divided into consulting services, managed security services and professional services. To study the market by geography, the market has been divided into four major regions namely North America, Europe, Asia Pacific and LAMEA.

KEY BENEFITS:
•Current and future trends adopted by the key market players are highlighted to determine overall competitiveness of the market
•The drivers and opportunities are highlighted to describe the top factors responsible for the market growth
•Porters Five Forces analysis and SWOT analysis of the key market players are provided to illustrate the business strategies adopted by buyers and suppliers
•The quantitative analysis of the market through 2014-2020 is provided to elaborate the market potential

DATA CENTER SECURITY MARKET SEGMENTS:
The world data center security market is segmented based on solution, industries, service and geography.

Market By Solutions
• Logical security solution
• Physical security solution

Market By Industries
• BFSI
• Healthcare
• Energy
• Information Technology and Telecom
• Government
• Others

Market By Service
• Managed security services
• Security Consulting
• Professional services

Market By Geography
• North America
• Europe
• Asia Pacific
• LAMEA

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About Allied Market Research
Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

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