2014-02-18 05:47:01 - Data Center Security Market: Global Advancements, Forecasts & Analysis 2013-2018 - a new market research report on companiesandmarkets.com
The global data center security market is estimated to be $6.46 billion in 2013 and is expected to grow to $13.77 billion in 2018. This represents a Compound Annual Growth Rate (CAGR) of 16.3% from 2013 to 2018. In the current scenario, BFSI vertical continues to be the largest adapter for data center security solutions followed by Telecommunication and IT.In terms of regions, North America is expected to be the biggest market, while Europe and Asia-Pacific (APAC) is expected to grow at a significantly faster pace in the coming years. Integration and collaboration of physical and logical security solutions into a single platform will further enhance the growth of the market, while ensuring the security compliance and regulatory policies.The latest
trending markets in Information Technology (IT) are virtualized data centers and cloud services. There has been also a significant increase in the growth of mega data centers. The current market for IT is also looking at the increased global IT spending and a significant rise in the spending of enterprises for the security solutions to safeguard their data and critical IT infrastructure. This evolution has changed IT services and business models with new IT architectures, rising mega data centers and increased business benefits.However, this development is also causing new security risks such as more sophisticated viruses, worms, spyware and unauthorized access over the physical and virtualized data centers. Many organizations have come up with an ever evolving data center security solution to secure and defend data center and to deliver secure, dynamic information while identifying vulnerabilities and risks. Data center security solution provides multilayer security for the servers and networks in the data center infrastructure as well as provides end-to-end security management for the data stored in it. In addition to these, it also offers unprecedented levels of targeted security, encryption techniques, antivirus, and firewalls without hampering performance.Through data center security solutions, IT and Information Technology Enabled Services (ITES) organizations are availing the benefits such as protecting their business from internal and external threats, ensuring visibility over the data at rest and in motion, secured data access and data loss prevention. The notable market players in this domain are Cisco, IBM, HP, Juniper Networks, Trend Micro, Check Point Software Technologies and Dell. This report on data center security provides in-depth analysis of the key players in logical and physical security ecosystem with their profiles and recent developments, key issues and opportunities in the market, global adoption trends, and future growth potential.The data center security market is broadly segmented by type of security solutions: logical security solutions and physical security solutions; by end users and environments: cloud provider environment, colocation environment; by type of enterprise data center environments verticals: Banking and Finance Services Insurance (BFSI), government , public sector and utilities, telecommunication and IT, healthcare and life sciences and other sectors; by data center facility size: portable/modular data centers, small data centers, medium data centers, large data centers, mega data centers; by regions: North America (NA), Asia Pacific (APAC), Europe (EU), Middle East and Africa (MEA) and Latin America (LA).
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