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Data-Centric Security Market Witness the Growth of $5.83 Billion by 2022

09-30-2020 02:04 PM CET | IT, New Media & Software

Press release from: MarketsandMarkets™

According to a new market research report "Data-Centric Security Market by Component (Solutions (Data Protection, Data Governance, Data Auditing) and Services (Professional and Managed)), Organization Size, Deployment Type, Vertical, and Region - Global Forecast to 2022" published by MarketsandMarkets™, the data-centric security market size expected to grow from USD 2.06 Billion in 2017 to USD 5.83 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 23.1% during the forecast period. The demand for data-centric security solutions is expected to be majorly driven by the stringent compliances and regulations pertaining to data-centric security. Moreover, data security governanace and exploitation of trending technologies such as big data, machine learning, and artificial intelligence are expected to boost the adoption of data-centric security solutions and services among enterprises.

Browse 72 market data tables, 42 figures spread through 138 pages and in-depth TOC on “Data-Centric Security Market - Global Forecast to 2022”

View detailed Table of Content here: https://www.marketsandmarkets.com/Market-Reports/data-centric-security-market-1504980.html

Solutions segment is expected to hold the largest market share during the forecast period

Data-Centric Security solutions audit and protect the data at rest, data in motion, and data in use through various standards and protocols. To reduce the risk posed by hackers, insider threats, and other malicious attacks, and to constantly monitor the activity of sensitive data, enterprises are implementing data-centric security solutions. The solutions protect mission-critical data in disparate silos, such as databases, files, and cloud. Some of the capabilities that a data-centric security solution has are data classification and discovery, privileged access management, policy management, activity monitoring, auditing, and reporting.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1504980

The retail vertical is expected to grow at the highest CAGR during the forecast period

The retail vertical is expected to grow at the highest rate during the forecast period, due to the need to audit and protect critical consumer data stored in databases, files, and cloud. The increasing use of mobile devices, which have a direct access link to a customer’s confidential information, rise data theft and data loss concerns among retailers. Hence, retailers are adopting comprehensive data-centric security solutions, as data risk is present at all levels, from various transactions to the confidentiality of personal information of customers and employees.

Asia Pacific (APAC) is projected to grow at the highest CAGR during the forecast period

North America is estimated to have the largest market share in 2017, while APAC is projected to be the fastest growing region at the highest CAGR during the forecast period, as APAC enterprises are deploying data-centric security solutions at a faster rate. Large enterprises and SMEs in APAC realize the significance of data-centric security, and are receptive toward adopting dedicated data-centric security solutions to protect their critical and sensitive business data from commercial espionage, cyber threats, and misuse of data for monetary gains of computer hackers.

Speak To Expert Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=1504980

Major market vendors providing data-centric security solutions and services are IBM (US), Imperva (US), Informatica (US), Oracle (US), Varonis Systems (US), AvePoint (US), BlueTalon (US), Dataguise (US), Datiphy (US), Micro Focus (UK), NextLabs (US), and Protegrity (US).

Contact:
Mr. Aashish Mehra.
MarketsandMarkets™ INC.
630 Dundee Road, Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
sales@marketsandmarkets.com

About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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