The Data-centric Security Market is expected to grow from USD 3.67 billion in 2020 to USD 19.80 billion by 2028, at a CAGR of 23.46% during the forecast period 2021-2028.
Data-centric security software and solutions employ various protocols and standards to inspect and protect data at rest, in transit and use. As a result, businesses must implement software and solutions to reduce the risks presented by hackers, insider threats, and other harmful assaults and regularly monitor private data movement. Mission-critical data is protected in a variety of silos, including files, databases, and the cloud. Furthermore, new standards for protecting consumer information have been established in many nations' regulations. Concerning the security and privacy of consumers' personal financial information, there are rules for protecting medical records, such as HIPAA, and standards for the banking industry, such as PCI-DSS. Some of the significant capabilities included in data-security software and solutions are data protection, data classification and discovery, data governance, and compliance.
The factors driving the data-centric security market are, For cloud-based data protection, there is an increasing demand for data-centric security solutions. Data is expanding faster and is free to move anywhere in the cloud due to an increasingly mobile workforce. Companies like IBM, Microsoft, and Google controlled the cloud industry in 2020, using sophisticated technologies like AI and machine learning to analyze data. The data-centric security industry will be driven by the growing requirement for large and small businesses to secure data on the cloud. Informatica, for example, offers Intelligent Cloud ServicesSM, which includes failover data centers, user authentication, access restrictions, and encryption at the operating system, database, and application levels. The data-centric security market is projected to be driven by the growing requirement for large and small businesses to safeguard their data on the cloud. Informatica, for example, offers Intelligent Cloud ServicesSM, which includes failover data centers, user authentication, access restrictions, and data encryption at the operating system, database, and application levels. The factors restraining the data-centric security market growth are that even though data-centric security is expanding quickly, a lack of technical expertise among enterprise workers is a significant challenge for data-centric security, which will stifle market growth throughout the projected period. Furthermore, open source data protection software availability suppresses the expansion of security service providers that offer security as a service to end customers. As a result, the market's growth is hampered by these obstacles.
Data breaches are becoming more common, which has opened up new revenue opportunities for data-centric security firms.
This study delivers a comprehensive analysis of component, development, and industry. The component segment includes Professional Services and Software & Solutions. The Software & Solutions component segment dominated the data-centric security segment market in 2020. Data-centric security software and solutions audit and secure data in transit, at rest, and in use through different standards and protocols. The component segment includes professional services and software & solutions. The software & solutions component segment dominated the data-centric security segment market in 2020. The development segment provides cloud, on-premise. The cloud development segment dominated the data-centric security segment market in 2020, as Additional costs can be saved by using customized services. The industry segment includes retail & consumer goods, telecom & IT, media & entertainment, travel & hospitality, education, healthcare, BFSI, government. The healthcare industry segment dominated the data-centric security segment market in 2020; personal health information and essential data about a patient that requires high security are covered by the healthcare vertical.
The data-centric security market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America dominated the data-centric security market with 38.61% in 2020, followed by Asia-Pacific. Owing to the rise in cyber-attacks, government data-protection requirements, and the widespread use of cloud-based platforms, companies have made substantial investments in data-centric security solutions to obtain a competitive edge and improve business processes. In 2018, RFA and Seclore established a Strategic Partnership to Provide Hedge Funds with Data-Centric Security. Similarly, the BlueTalon Data-Centric Security technology, located in the United States, has allowed top organizations to build accurate, consistent, and dynamic user access controls across Hadoop, RDBMS, and Big Data systems, on-premises and in the cloud, in 2019. The Asia Pacific region is increasing at the fastest rate. APAC has been one of the fastest-growing regions in mobile workforce expansion, owing to the region's increased usage of mobile devices. Companies and SMEs in Asia-Pacific countries are becoming more aware of the importance of data-centric security. They are willing to implement specific data-centric security solutions to protect their critical and sensitive business data from cyber threats, commercial espionage, and data misuse for financial gain by computer hackers.
Some notable players in the data-centric security market are Informatica, NetApp, IBM, Broadcom, Microfocus, Varonis Systems, Talend, OrangeCyberdefense, Forcepoint, Imperva.
Global Data-centric Security Market Analysis and Forecast, by Type
Global Data-centric Security Market Analysis and Forecast, by Development
Global Data-centric Security Market Analysis and Forecast, by Industry
Global Web Content Management Market Analysis and Forecast, by Region
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis by Component
4.3.2. Market Attractiveness Analysis by Development
4.3.3. Market Attractiveness Analysis by Industry
4.3.4. Market Attractiveness Analysis By region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Rising demand for data-centric security solutions for cloud-based data security
5.3. Restrains
5.3.1. Organization’s tolerance for inconvenience and security breaches due to internal vulnerabilities
5.4. Opportunities
5.4.1. Increase in data breaches provide more opportunities to data-centric security vendors
6. Global Data-centric Security Market Analysis and Forecast, By Component
6.1. Segment Overview
6.2. Professional Services
6.3. Software & Solutions
7. Global Data-centric Security Market Analysis and Forecast, By Development
7.1. Segment Overview
7.2. Cloud
7.3. On-premise
8. Global Data-centric Security Market Analysis and Forecast, By Industry
8.1. Segment Overview
8.2. Retail & Consumer Goods
8.3. Telecom & IT
8.4. Media & Entertainment
8.5. Travel & Hospitality
8.6. Education
8.7. Healthcare
8.8. BFSI
8.9. Government
9. Global Data-centric Security Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Data-centric Security Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global Data-centric Security Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Informatica
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. NetApp
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. IBM
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Broadcom
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Microfocus
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Varonis Systems
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Talend
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. OrangeCyberdefense
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Forcepoint
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Imperva
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
List of Table
1. Global Data-centric Security Market, By Component, 2018-2028 (USD Million)
2. Global Professional Services, Data-centric Security Market, By Region, 2018-2028 (USD Million)
3. Global Software & Solutions, Data-centric Security Market, By Region, 2018-2028 (USD Million)
4. Global Data-centric Security Market, By Development, 2018-2028 (USD Million)
5. Global Cloud, Data-centric Security Market, By Region, 2018-2028 (USD Million)
6. Global On-premise, Data-centric Security Market, By Region, 2018-2028 (USD Million)
7. Global Data-centric Security Market, By Industry, 2018-2028 (USD Million)
8. Global Retail & Consumer Goods, Data-centric Security Market, By Region, 2018-2028 (USD Million)
9. Global Telecom & IT, Data-centric Security Market, By Region, 2018-2028 (USD Million)
10. Global Media & Entertainment, Data-centric Security Market, By Region, 2018-2028 (USD Million)
11. Global Travel & Hospitality, Data-centric Security Market, By Region, 2018-2028 (USD Million)
12. Global Education, Data-centric Security Market, By Region, 2018-2028 (USD Million)
13. Global Healthcare, Data-centric Security Market, By Region, 2018-2028 (USD Million)
14. Global BFSI, Data-centric Security Market, By Region, 2018-2028 (USD Million)
15. Global Government, Data-centric Security Market, By Region, 2018-2028 (USD Million)
16. North America Data-centric Security Market, By Component, 2018-2028 (USD Million)
17. North America Data-centric Security Market, By Development, 2018-2028 (USD Million)
18. North America Data-centric Security Market, By Industry, 2018-2028 (USD Million)
19. U.S. Data-centric Security Market, By Component, 2018-2028 (USD Million)
20. U.S. Data-centric Security Market, By Development, 2018-2028 (USD Million)
21. U.S. Data-centric Security Market, By Industry, 2018-2028 (USD Million)
22. Canada Data-centric Security Market, By Component, 2018-2028 (USD Million)
23. Canada Data-centric Security Market, By Development, 2018-2028 (USD Million)
24. Canada Data-centric Security Market, By Industry, 2018-2028 (USD Million)
25. Mexico Data-centric Security Market, By Component, 2018-2028 (USD Million)
26. Mexico Data-centric Security Market, By Development, 2018-2028 (USD Million)
27. Mexico Data-centric Security Market, By Industry, 2018-2028 (USD Million)
28. Europe Data-centric Security Market, By Component, 2018-2028 (USD Million)
29. Europe Data-centric Security Market, By Development, 2018-2028 (USD Million)
30. Europe Data-centric Security Market, By Industry, 2018-2028 (USD Million)
31. Germany Data-centric Security Market, By Component, 2018-2028 (USD Million)
32. Germany Data-centric Security Market, By Development, 2018-2028 (USD Million)
33. Germany Data-centric Security Market, By Industry, 2018-2028 (USD Million)
34. France Data-centric Security Market, By Component, 2018-2028 (USD Million)
35. France Data-centric Security Market, By Development, 2018-2028 (USD Million)
36. France Data-centric Security Market, By Industry, 2018-2028 (USD Million)
37. U.K. Data-centric Security Market, By Component, 2018-2028 (USD Million)
38. U.K. Data-centric Security Market, By Development, 2018-2028 (USD Million)
39. U.K. Data-centric Security Market, By Industry, 2018-2028 (USD Million)
40. Italy Data-centric Security Market, By Component, 2018-2028 (USD Million)
41. Italy Data-centric Security Market, By Development, 2018-2028 (USD Million)
42. Italy Data-centric Security Market, By Industry, 2018-2028 (USD Million)
43. Spain Data-centric Security Market, By Component, 2018-2028 (USD Million)
44. Spain Data-centric Security Market, By Development, 2018-2028 (USD Million)
45. Spain Data-centric Security Market, By Industry, 2018-2028 (USD Million)
46. Asia Pacific Data-centric Security Market, By Component, 2018-2028 (USD Million)
47. Asia Pacific Data-centric Security Market, By Development, 2018-2028 (USD Million)
48. Asia Pacific Data-centric Security Market, By Industry, 2018-2028 (USD Million)
49. Japan Data-centric Security Market, By Component, 2018-2028 (USD Million)
50. Japan Data-centric Security Market, By Development, 2018-2028 (USD Million)
51. Japan Data-centric Security Market, By Industry, 2018-2028 (USD Million)
52. China Data-centric Security Market, By Component, 2018-2028 (USD Million)
53. China Data-centric Security Market, By Development, 2018-2028 (USD Million)
54. China Data-centric Security Market, By Industry, 2018-2028 (USD Million)
55. India Data-centric Security Market, By Component, 2018-2028 (USD Million)
56. India Data-centric Security Market, By Development, 2018-2028 (USD Million)
57. India Data-centric Security Market, By Industry, 2018-2028 (USD Million)
58. South America Data-centric Security Market, By Component, 2018-2028 (USD Million)
59. South America Data-centric Security Market, By Development, 2018-2028 (USD Million)
60. South America Data-centric Security Market, By Industry, 2018-2028 (USD Million)
61. Brazil Data-centric Security Market, By Component, 2018-2028 (USD Million)
62. Brazil Data-centric Security Market, By Development, 2018-2028 (USD Million)
63. Brazil Data-centric Security Market, By Industry, 2018-2028 (USD Million)
64. Middle East and Africa Data-centric Security Market, By Component, 2018-2028 (USD Million)
65. Middle East and Africa Data-centric Security Market, By Development, 2018-2028 (USD Million)
66. Middle East and Africa Data-centric Security Market, By Industry, 2018-2028 (USD Million)
67. UAE Data-centric Security Market, By Component, 2018-2028 (USD Million)
68. UAE Data-centric Security Market, By Development, 2018-2028 (USD Million)
69. UAE Data-centric Security Market, By Industry, 2018-2028 (USD Million
70. South Africa Data-centric Security Market, By Component, 2018-2028 (USD Million)
71. South Africa Data-centric Security Market, By Development, 2018-2028 (USD Million)
72. South Africa Data-centric Security Market, By Industry, 2018-2028 (USD Million)
List of Figures
1. Global Data-centric Security Market Segmentation
2. Global Data-centric Security Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Data-centric Security Market Attractiveness Analysis by Component
9. Global Data-centric Security Market Attractiveness Analysis by Development
10. Global Data-centric Security Market Attractiveness Analysis by Industry
11. Global Data-centric Security Market Attractiveness Analysis by Region
12. Global Data-centric Security Market: Dynamics
13. Global Data-centric Security Market Share by Component (2021 - 2028)
14. Global Data-centric Security Market Share by Development (2021 - 2028)
15. Global Data-centric Security Market Share by Industry (2021 – 2028)
16. Global Data-centric Security Market Share by Regions (2021 - 2028)
17. Global Data-centric Security Market Share by Company (2020)
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