Global Data Center Security Market to Grow at a CAGR Of 14.20% to Forecast 2021
Data Center Security Market is expected to grow at a compound annual growth rate of 14.20%
PUNE, INDIA, November 8, 2016 /EINPresswire.com/ -- Data Center Security MarketData Center Security Market is expected to grow at a compound annual growth rate of 14.20%, from 2016 to 2021, reaching a global market value of $9.581 billion by the end of forecast period, from the current estimate of $4.933 billion. Some major drivers of this market are, increasing demands for advanced security solutions, adoption of cloud computing, virtualization, increasing cyber-attacks, government and industry regulations regarding data privacy and security. Physical and logical security solutions are the major types of security solutions being implemented by data centers across the world.
This report provides a comprehensive analysis of the Data Center Security market. The market size and forecast of the global, regional and various segments has been provided in US$ billion.
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Under market dynamics section, different drivers, restraints, current trends and opportunities which exist in the market have been discussed with a detailed analysis regarding the same. Market analysis has been provided with the help of Porter’s Five Forces model. The other major sub-sections under this section are supplier outlook, industry outlook, industry lifecycle analysis, and value chain.
Scenario analysis has also been provided considering the different factors affecting the Data Center Security market. Under this section, different scenarios like industry regulations and economic factors have been considered to provide market trends over the forecast period.
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Data Center Security Market has been segmented by data center type, by solution type, by service type, and by industry vertical. On the basis of data center type, the market is segmented as mid-sized data centers, enterprise data centers, and large data centers. By solution type, segmentation is done as logical security solutions and physical security solutions. By service type, the market is segmented as consulting services, managed security services, and professional services. The market for data center security is further segmented by industry vertical as banking and financial services, manufacturing, healthcare, government, media and entertainment, and others.
The opportunities which exist in different regions has also been covered by the wide-ranging market segmentation and forecast for Americas, Europe Middle East and Africa and Asia Pacific regions.
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Competition analysis section lists vendor market share, recent investments by some of the major players, deals and strategies adopted by them to increase their visibility in the market. Major Security solutions providers such as Cisco, Trend Micro, IBM, Dell, and McAfee among others have been covered as part of this section.
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