Data-Centric Security Market Key Manufacturers Development Trends and Competitive Analysis 2028

The "Data-Centric Security Market" size is projected to reach US$ 16,518.1 million by 2028 from US$ 4,510.6 million in 2022. The data-centric security market share is expected to grow at a CAGR of 24.2% from 2022 to 2028.

Most big data experts agree that the generated data will grow exponentially during the forecast period. Based on research from Seagate's Data Age 2025 report, the world's data sphere will reach 175 zettabytes by 2025. This growth is attributed to the enormous increase in people working, studying, and amusing themselves from home. Hence, securing these data will be the companies' primary objective, as data-driven business models will be widely adopted in the future. Hence, such a transition is anticipated to create lucrative opportunities for the data-centric security vendors over the forecast period (2022-2028).

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Companies Profiled in this report includes:

• Informatica
• NetApp
• IBM
• Broadcom Corporation
• Microfocus
• Varonis Systems
• Talend
• Orange Cyberdefense
• Forcepoint
• Imperva

Furthermore, the IT infrastructure is anticipated to become more complicated and heterogeneous due to the introduction of new platforms, bring your own device (BYOD) regulations, choose your own device (CYOD) trends, business apps, and other technologies. The BYOD and CYOD trends are becoming more and more common in business settings due to the quick improvements in mobile computing. Through mobile devices, employees may access organizational data from anywhere, at any time, thanks to these developments, which also boost employee productivity to protect organizational data from potential hazards and maintain its confidentiality and integrity. Based on the Bitglass survey, 69% of respondents said their organizations allow employees to use personal devices for work while allowing contractors, partners, customers, and suppliers. However, several companies fail to maintain security due to the unsuccessful incorporation of new devices into the existing security infrastructure. Based on the report by Software Guild, 72% of organizations have no plans to secure BYOD devices. Hence, such factors will likely create mammoth opportunities for the data-centric- security market players.

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Data-Centric Security Market Segmentation:

By Component:
• Solution
• Service

By Deployment Mode:
• On Premise
• Cloud based

By Organization Size:
• Small and Medium Enterprises
• Large Enterprises

By Verticals:
• IT and Telecommunication
• BFSI
• Healthcare and Pharmaceutical
• Government and Defense

The Data-Centric Security market is analyzed on the basis of component, deployment mode, organization size, verticals, and geography. The data-centric security market analysis by component, the market is segmented into solution and service. The data-centric security market analysis by deployment mode, the market is segmented into on premise and cloud based. By organization size, the market is segmented into small and medium enterprises (SMEs) and large enterprises. By vertical, the data-centric security market is segmented into IT and telecommunication, BFSI, healthcare and pharmaceutical, government and defense, and others. By geography, the data-centric security market is divided into 5 regions: North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America.

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