Press release
Rising Cyberattacks Fueling The Growth Of The Big Data Security Market: A Significant Driver Propelling The Big Data Security Market In 2025
Big Data Security
What Is the Big Data Security Market Size and Projected Growth Rate?
In recent times, the size of the big data security market has seen a swift expansion. There will be an increase from $34.69 billion in 2024 to $38.85 billion in 2025, representing a compound annual growth rate (CAGR) of 12.0%. The significant growth experienced in the past years can be traced back to the quick acceptance of big data, guidelines related to regulatory compliance, a surge in data source options, complex nature of big data systems, and an increased understanding of the implications of a data breach.
The market size for big data security is projected to undergo swift expansion in the forthcoming years, reaching $73.69 billion by 2029 with a compound annual growth rate (CAGR) of 17.4%. The surge predicted in this period can be accredited to aspects such as zero trust security models, container security, data residency and sovereignty, improved data access governance, and advanced persistent threats. Notable trends in this period will be the inclusion of AI and machine learning, the alliance of security and DevOps, improved threat intelligence sharing, partnership with cybersecurity service providers, and challenges in edge computing security.
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What Are the Major Segments in the Big Data Security Market?
The big data security market covered in this report is segmented -
1) By Component: Solutions, Services
2) By Deployment Mode: On-Premises, Cloud
3) By Organization Size: Small And Medium Enterprises, Large Enterprises
4) By End-User: Banking, Financial Services, And Insurance (BFSI), Manufacturing, IT And Telecommunication, Aerospace And Defense, Healthcare, Other End Users
Subsegments
1) By Solutions: Data Encryption Solutions, Identity And Access Management (IAM), Intrusion Detection And Prevention Systems (IDPS), Security Information And Event Management (SIEM), Data Loss Prevention (DLP), Big Data Security Analytics
2) By Services: Consulting Services, Managed Security Services, Risk Assessment And Compliance Services, Incident Response Services, Training And Support Services
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What Are The Driving Big Data Security Market Evolution?
The growth of the big data security market is anticipated to be propelled by the increase in cyberattacks. Cyberattacks are malevolent and intentional initiatives by a person or organization to infiltrate the data of another party or business. The rise in such attacks escalates the need for big data security, as it aids in the curbing of cybercrimes by safeguarding the data. For instance, Packetlabs, a computer security service company based in Canada, indicated that in 2022, 79% of financial CISOs stated that the nature of cyberattacks has become more advanced annually. Therefore, the spiking frequency of cyber-attacks catalyzes the expansion of the big data security market.
Which Firms Dominate The Big Data Security Market Segments?
Major companies operating in the big data security market include Check Point Software Technologies Ltd., International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, Google LLC, Amazon Web Services Inc., Hewlett Packard Enterprise Company LP, Centrify Corporation, Talend S. A., FireEye Inc., Rapid7 Inc., Thales Group, McAfee corp., Zettaset Inc., Imperva Inc., LogRhythm Inc., Fortinet Inc., Sisense Ltd., Cisco Systems Inc., Varonis Systems Inc., Informatica LLC, Palantir Technologies Inc., Cloudera Inc., Teradata India Pvt. Ltd., Splunk Inc., Proofpoint Inc., Gigamon Inc., Zscaler Inc., F5 networks india pvt. Ltd., Darktrace Limited
What Trends Are Expected to Dominate the Big Data Security Market in the Next 5 Years?
One of the rising trends within the big data security market is the emergence of technological innovations. Firms operating in this market are making concerted efforts to produce new technological applications in order to satisfy customer needs and fortify their market standing. For illustration, in September 2023, U.S. tech firm IBM disclosed the introduction of its IBM security services for Multi cloud. This suite of advanced cloud security and compliance solutions is aimed at assisting businesses in reducing risk and safeguarding data within their hybrid, multicloud environments and operations.
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Which Is The Largest Region In The Big Data Security Market?
North America was the largest region in the big data security market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the big data security market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Big Data Security Market?
2. What is the CAGR expected in the Big Data Security Market?
3. What Are the Key Innovations Transforming the Big Data Security Industry?
4. Which Region Is Leading the Big Data Security Market?
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