Data Center Security Market to Reach US$ 12.91 Billion Growing at CAGR 15.36% to 2021

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The Data Center Security Market is projected to reach USD 12.91 billion by 2021 at a Compound Annual Growth Rate (CAGR) of 15.36% during 2016–2021. Data traffic is growing exponentially with the growth of big data, analytics and other technological modules. Heavy use of social media, increasing need for connectivity, and high penetration of internet for business and personal use in the last few years have greatly affected the demand for advanced and efficient network and cyber security solutions and services acting as one of the drivers of data center security market.

Data Center Security is considered crucial as it needs to address the network security as well as physical security of a data center. The data center security market is booming and during the forecast period, it is expected that adoption rate will increase and contribute to the high growth of this market. The report provides detailed insights into the global data center security market.

“The market in Asia-Pacific (APAC) is expected to witness the highest growth”
The APAC Data Center Security Market is expected to witness exponential growth. It is projected to be the fastest-growing region for the global data center security market. This is mainly attributed to the growing number of data centers in this region and the focus of market players to address the demands of highly secured network solutions in the region. On the other hand, Middle East and Africa (MEA) shows great prospects in this space while Latin America is expected to move toward the growth phase in the next five years.

Breakdown of primary research interactions:
• By Company Type: Tier 1 (20%), Tier 2 (40%), and Tier 3 (40%)
• By Designation: C-level (25%), Director Level (50%), and Other Executives (25%)
• By Region: North America (25%), Europe (25%), and APAC (50%)

Study Objectives:
The main objective of this report is to define, describe, and forecast the global data center security market on the basis of application solutions, services, data center types, industry verticals, and regions. The report provides detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges). The report aims to strategically analyze micromarkets with respect to individual growth trends, future prospects, and contributions to the total market. The report attempts to forecast the market size with respect to five main regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and Latin America. The report strategically profiles key players and comprehensively analyzes their core competencies.

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Top Key Players in the “Data Center Security Market” include are Hewlett Packard Enterprises, International Business Machines (IBM) Corporation, CISCO Systems, Fortinet, Honeywell International, Schneider Electric SE, McAfee, Dell, and Robert Bosch Gmbh.

Target Audience for Data Center Security Market: Telecom Operators,IT Services Provides,System Integrators,Consulting Services providers,Cloud Services Providers,Data Center Vendors,Colocation Providers,Internet Service Providers (ISPs).

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