Big Data Security Market Worth $50 billion by 2027 at a CAGR of 16.1%, Global Industry Forecast- 2019 to 2027

Meticulous Research - leading global market research company is researching on market titled "Big Data Security Market by Product Offering (Software, Services), End-use Industry (BFSI, Government, Energy & Utilities, Healthcare, Manufacturing, Retail, Telecom & IT, Transportation & Logistics, Other), Technology (IAM, SIEM, UTM, IDS/ IPS, UTM, Others), Organization Type (Small & Medium Enterprises, Large Enterprises), and Region - Global Forecast to 2027''.

E-commerce industry is witnessing some dynamic but positive changes. The e-commerce sector has seen unprecedented growth in the past few years. The growth was driven by rapid technology adoption led by the increasing use of devices such as smartphones and tablets and access to the internet through broadband, 4G, etc., which led to an increased online consumer base. Furthermore, favored demographics and growing internet user base helped aid this growth. Moreover, there are five ways with which big data will continue changing the face of e-commerce, such as increased shopper analysis, improved customer service, easier and more secure online payments, continued advances in mobile commerce, and virtual reality advancements in the retail world. Therefore, growing e-commerce industry is expected to propel the growth of the global big data security market significantly in the next few years.

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The big data security market study presents historical market data in terms of value (2017 and 2018), estimated current data (2019), and forecasts for 2027 - by product offering, end-use industry, application, organization size, and vertical. The study also evaluates industry competitors and analyzes the market at regional and country level.

BFSI End Use Segment is Expected to Dominate the Market during the Forecast Period

Based on Vertical, the big data security market is segmented into BFSI, government, energy & utilities, healthcare, manufacturing, retail, telecom & IT, transportation & logistics, and others. In 2018, BFSI accounted for the largest share of the global big data security market. The large share of this segment is attributed to the increasing corporate data, customer transactions, and critical information of the customer; increasing use of cloud-deployed online services; rising need for minimizing the risks and frauds that occur every day; and growing need for cost-effective and accessible solutions.

Asia-Pacific: The Fastest Growing Regional Market

North America commanded the largest share of the global big data security market in 2018, followed by Europe, Asia-Pacific, Middle East & Africa, and Latin America. However, Asia-Pacific is the fastest growing regional market due to the increasing investments; growing adoption of emerging technologies; developing IT infrastructure; rapid developing economies such as China, India, Singapore, and Malaysia; rise in cybersecurity attacks in the past few years; and significant growth opportunities for the new vendors.

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Key Players in the Big Data Security Market

The report includes an extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past 4 years (2016-2019). For instance, in February 2017, IBM Corporation has acquired Agile 3 Solutions. This acquisition provided IBM another tool in its security arsenal to provide more valuable insight to key decision makers, which is expected to help them sell more security services.

The major players operating in the global big data security market are AlienVault, Inc. (U.S.), Amazon Web Services(U.S.), Centrify Corporation (U.S.), Check Point Software Technologies Ltd. (Israel), Cloudera, Inc. (U.S.), DataVisor, Inc. (U.S.), Dell Technologies Inc. (U.S.), FireEye, Inc. (U.S.), Fortinet, Inc. (U.S.), Gemalto NV (Netherlands), Hewlett Packard Enterprise Company (U.S.), Hortonworks, Inc. (U.S.), IBM Corporation (U.S.), Imperva, Inc. (U.S.), Informatica Corporation (U.S.), LogRhythm, Inc. (U.S.), McAfee, LLC (U.S.), Microsoft Corporation (U.S.), Oracle Corporation (U.S.), Pivotal Software, Inc. (U.S.), Proofpoint, Inc. (U.S.), Rapid7, Inc. (U.S.), Symantec Corporation(U.S.), and Zettaset, Inc (U.S.).

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Table of Contents:

1. Introduction

1.1. Market Definition
1.2. Scope of Study
1.3. Market Ecosystem
1.4. Currency and Limitations
1.4.1. Currency
1.4.2. Limitations
1.5. Key Stakeholders

2. Research Methodology

2.1. Research Process
2.1.1. Secondary Research
2.1.2. Primary Research
2.1.3. Market Analytics
2.1.4. Assumptions

3. Executive Summary

4. Market Insights

4.1. Introduction
4.2. Market Dynamics
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges
4.2.5. Trends
4.3 Market Share Analysis
4.4. Regulatory Analysis

5. Big Data Security Market, by Product Offering

5.1. Software
5.1.1. Encryption
5.1.2. Backup & Recovery
5.1.3. Security Intelligence
5.1.4. Data Governance
5.1.5. Others
5.2. Services
5.2.1. Professional Services
5.2.2. Managed Services

6. Big Data Security Market, by End-use Industry

6.1. Introduction
6.2. BFSI
6.3. Government
6.4. Energy & Utilities
6.5. Healthcare
6.6. Manufacturing
6.7. Retail
6.8. Telecom & IT
6.9. Transportation & Logistics
6.10. Others

7. Big Data Security Market, by Application

7.1. Introduction
7.2. Identity and Access Management (IAM)
7.3. Security Information and Event Management (SIEM)
7.4. Intrusion Detection System/Intrusion Prevention System (IDS/IPS)
7.5. Unified Threat Management (UTM)
7.6. Others

8. Big Data Security Market, by Organization Size

8.1. Introduction
8.2. Small & Medium Enterprises
8.3. Large Enterprises

9. Big Data Security Market, by Geography

9.1. Introduction
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.3. Europe
9.3.1. Germany
9.3.2. U.K.
9.3.3. France
9.3.4. Italy
9.3.5. Spain
9.3.6. Rest of Europe
9.4. Asia-Pacific
9.4.1. China
9.4.2. India
9.4.3. Japan
9.4.4. Rest of APAC
9.5. Rest of World
9.5.1. Latin America
9.5.2. Middle East and Africa

.... Continued

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Meticulous Research was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.

This release was published on openPR.