Data-Centric Security Market to Signify Strong Growth by 2023-2029

The global data-centric security market is anticipated to grow at a significant CAGR of 23.6% during the forecast period. The major factor which is driving the data-centric security market is the increasing demand and adoption of the cloud-based data-centric security solutions. Furthermore, the increasing volume of data has increased the demand for data-centric security solutions to secure corporate and consumer data. According to the US Chamber of Commerce Foundation, around 90% of the global data has been produced in past two years only. As a result, the market for data-centric security is anticipated to grow further during the forecast period.

The global data-centric security market is segmented based on the software & solutions, deployment mode, organization size and verticals. Based on the software & solution the market is segmented into data discovery & classification, data protection, data governance & compliance, and others. Based on the deployment mode, the market is sub-segmented into the on-premise, and on-cloud. Based on the organization size, the market is sub-segmented into the small-medium size enterprises (SMEs) and large enterprises. Based on the verticals, the market is sub-segmented into the BFSI, government & defense, healthcare & pharmaceuticals, IT & enterprises, and telecommunication. Among these, cloud-based data-centric security is anticipated to grow significantly during the forecast period due to the cloud security platform's support in locating and classifying sensitive data, governing access, and tracking permission changes.

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Data-Centric Security Market Segmentation

By Software & Solution

· Data Discovery & Classification

· Data Protection

· Data Governance & Compliance

· Others (DLP, and Data Tagging & Watermarking)

By Deployment Mode

· On-Premises

· Cloud-Based

By Organization Size

· Small-Medium Size Enterprises (SMEs)

· Large Enterprises

By Verticals

· BFSI

· Government & Defense

· Healthcare & Pharmaceuticals

· IT & Enterprises

· Telecommunication

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Regional Analysis

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

Company Profiles

· Atlan Technologies Pvt. Ltd.

· Broadcom, Inc.

· Concentric Solutions Ltd.

· Egnyte, Inc.

· Fasoo services

· Forcepoint LLC

· HelpSystems

· IBM Corp.

· Imperva, Inc.

· Informatica LLC

· NetApp, Inc

· NEXTLABS INC.

· Nucleus Security

· Orange Cyberdefense

· PKWARE, Inc.

· Protegrity Inc.

· SEALPATH TECHNOLOGIES, SL

· SECLORE

· Talend

· Varonis

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