Data Center Logical Security Market Growth Drivers & Industry Outlook 2028 | CISCO SYSTEMS, INC., DELL EMC, VMWARE INC., CHECKPOINT SOFTWARE TECHNOLOGIES LTD., and JUNIPER NETWORKS INC.

The global Data Center Logical Security market size is predicted to reach over USD 3.5 billion in 2020 and projected to grow at a CAGR of 8.7% over the forecast period. The Data Center Logical Security Market is driven by a wide range of factors such as the increasing demand seeking advanced security solutions all the while allowing enterprises adhere to the regulatory compliance. This has boosted the growth of the security services and solutions market. A raid increase in the adoption of data center visualization along with highly advanced technologies such as big data analytics and cloud computing with a parallelly growing environment comprising of cyber threats and breaches are some of the prominent factors substantially driving the growth of the data center logical security market.

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The market currently witnesses two opposite and equivalent scenarios portraying a significant rise in demand along with increasing emergence of alternative software with lower costs involved also accompanied with lack of awareness. This proposes significant challenges for the global data center logical security market causing hinderances in the market growth particularly during the forecast period. Nonetheless, the market is considered to experience extensive opportunistic growth with optimum scope for business expansion owing to the increasing advancements and innovations applied to the data security solutions. The data center logical security market is expected to drive through an exploratory path with the constant efforts of the key data security technology players.

Persistent efforts to adopt systems that are fully capable of securing data centers against the unprecedented cyber attacks is often referred to as data center security. Data center is known as the epicentre or the key resources for firms and enterprises and thus requires the establishment of targeted security initiatives. Massive growth in the cloud-based business models, most industries looking for digital and IT led operational or management tasks exposes them to greater risks against cyber threats thus increasing the need for efficient security systems which is expected to positively influence the market growth over the coming years.

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Establishment of the data center security has aided in safeguarding highly important information and applications as a part of the virtualized environment with complete protection against cyber invasions. Business organizations adopting either hybrid or cloud technology, both can equally benefit from the data center security solutions the market offers hence broadening the extent of applications useful in elevating the applications and advantages of data center logical security. The market is exclusively diverse with applications across a massive range of industry vertical gaining importance particularly with emerging dominance of cyber threats of national and international significance. 

The major players of the global Data Center Logical Security market are CISCO SYSTEMS, INC., DELL EMC, VMWARE INC., CHECKPOINT SOFTWARE TECHNOLOGIES LTD., and JUNIPER NETWORKS INC., amongst others.. Renowned companies are offering new and modern Data Center Logical Security software solutions. In addition, the previously recognized as well as new market players are approaching the market with advanced and new strategic services and solutions and to remain competitive in the global market.

Segment Overview of Global Data Center Logical Security Market

Solution Overview, 2019-2028 (USD Million)

Threat and Application Security Solutions

Access Control and Compliance

Data Protection Solutions

Services Overview, 2019-2028 (USD Million)

Security Consulting services

Managed Security Services

Data Center Type Overview, 2019-2028 (USD Million)

Mid-Size

Enterprises

Large

Industry Vertical Overview, 2019-2028 (USD Million)

BFSI

IT and Telecom

Retail and E-commerce

Government

Healthcare

Energy

Others

Regional Overview, 2019-2028 (USD Billion)

North America

U.S.

Canada

Europe

UK

Germany

France

Rest of Europe

Asia Pacific

China

Japan

India

Rest of Asia-Pacific

Middle East and Africa

UAE

South Africa

Rest of Middle East and Africa

South America

Brazil

Rest of South America

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