Global Data-Centric Security Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035
- PUBLISHED ON
- 3/1/2023
- NO OF PAGES
- 231
- CATEGORY
- Information Technology
Market Overview:
Data-centric security refers to an approach to cybersecurity that focuses on protecting the data itself rather than just the systems and networks that store and transmit it. This is done by encrypting data at rest, in motion, and in use, and controlling access to the data through authentication and authorization. The adoption of data-centric security solutions is on the rise, as organizations seek to improve their cybersecurity posture and protect their sensitive data. The growth in data-centric security can also be attributed to the increasing number of data breaches and cyber-attacks, which have highlighted the need for more comprehensive data protection measures. The data-centric security market includes a range of solutions and services, including data encryption, data masking, tokenization, data access control, and key management. The market is expected to grow significantly in the coming years, driven by factors such as the increasing use of cloud-based applications and the growing volume of data generated by organizations.
In conclusion, data-centric security is a comprehensive approach to cybersecurity that focuses on protecting the data itself, rather than just the systems and networks that store and transmit it. The advantages of data-centric security include improved data protection, enhanced data visibility and control, better compliance, and increased efficiency and productivity. The adoption of data-centric security solutions is on the rise, driven by the increasing number of data breaches and cyber-attacks, and the market is expected to continue growing in the coming years.
The increasing volume of sensitive data and the growing prevalence of cyber threats are driving the demand for data-centric security solutions.
The proliferation of digital technologies has led to an explosion in the volume of sensitive data generated by organizations. This includes financial data, personal information, and intellectual property, among others. As the volume of data continues to grow, so does the risk of data breaches and cyber-attacks. Cyber threats are becoming increasingly sophisticated, and traditional security measures such as firewalls and antivirus software are no longer enough to provide comprehensive protection against them.
Data-centric security offers a more holistic approach to cybersecurity, by focusing on protecting the data itself rather than just the systems and networks that store and transmit it. This is done by encrypting data at rest, in motion, and in use, and controlling access to the data through authentication and authorization. By taking a data-centric approach, organizations can ensure that their sensitive data is protected at all times, even in the event of a breach. The adoption of data-centric security solutions is being driven by the increasing number of data breaches and cyber-attacks. According to the 2021 Cost of Data Breach Study by IBM, the average cost of a data breach is $4.24 million, up 10% from the previous year. As the cost of data breaches continues to rise, organizations are looking for more effective ways to protect their sensitive data.
In addition to the growing volume of data and the prevalence of cyber threats, there are other factors driving the demand for data-centric security solutions. These include regulatory requirements for data protection and privacy, such as the GDPR and CCPA, as well as the increasing use of cloud-based applications and services. Cloud-based applications and services are becoming more popular as organizations look to increase their agility and flexibility, but they also present new security challenges that require a data-centric approach to cybersecurity.
Segmentation:
By Component
· Software and Solution
· Services
By Vertical
· BFSI
· Government and Defense
· Healthcare and Pharmaceuticals
· It and Enterprise
· Telecommunication
· Retail
· Others
Geography:
The data-centric security market is dominated by North America, followed by Europe and Asia Pacific. North America has a significant market share due to the presence of major data-centric security solution providers and the early adoption of advanced cybersecurity solutions. Additionally, the stringent regulations and compliance requirements in the region are also driving the demand for data-centric security solutions. Europe is also a major market for data-centric security solutions, primarily due to the implementation of GDPR regulations. The Asia Pacific region is expected to show significant growth in the coming years due to the increasing adoption of cloud-based solutions and the growing awareness of cybersecurity threats in the region.
Impact of COVID-19 on the global Data-Centric Security Market:
The COVID-19 pandemic has had a significant impact on the data-centric security market, both in terms of its demand and supply. The pandemic has forced many organizations to shift to remote working arrangements, which has led to an increase in the volume of sensitive data being accessed, processed, and transmitted outside the traditional corporate network. This has raised concerns about data security, leading to an increased demand for data-centric security solutions. On the supply side, the pandemic has disrupted the global supply chain, causing delays in the delivery of hardware components and software solutions. Many data-centric security solution providers have also been impacted by the pandemic, with some experiencing a slowdown in business due to budget cuts and postponement of investment decisions by their clients. In conclusion, while the COVID-19 pandemic has caused disruptions to the data-centric security market, it has also led to an increased demand for data-centric security solutions. As the volume of sensitive data continues to grow and cyber threats become more sophisticated, organizations are expected to continue investing in data-centric security solutions to ensure the protection of their valuable assets.
Impact of the Russia-Ukraine War on the global Data-Centric Security Market:
The Russia-Ukraine war can potentially have an impact on the data-centric security market, primarily due to the geopolitical tensions and the potential for cyber-attacks. The two countries have a history of cyber-espionage, and there have been reports of cyber-attacks and data breaches linked to state-sponsored actors from both countries. The escalation of tensions between Russia and Ukraine can lead to an increase in cyber-attacks targeting critical infrastructure, government agencies, and businesses. Such attacks can result in data breaches and theft of sensitive information, which can compromise the security of organizations and individuals. This can create a need for enhanced data-centric security solutions to protect against cyber-attacks and ensure the integrity and confidentiality of sensitive information. Additionally, the Russia-Ukraine conflict can impact the global supply chain, potentially leading to delays in the delivery of hardware components and software solutions used in data-centric security systems. This can lead to a slowdown in the growth of the data-centric security market. It is worth noting that the full impact of the Russia-Ukraine conflict on the data-centric security market remains uncertain and will depend on the nature and extent of the cyber-attacks and other geopolitical factors. However, given the history of cyber-attacks between the two countries, it is essential for organizations to be vigilant and invest in robust data-centric security solutions to protect against potential threats.
Company Profiles:
· McAfee
· Symantec Corporation
· IBM Corporation
· Cisco Systems Inc.
· Trend Micro Inc.
· Check Point Software Technologies Ltd.
· Intel Security Group
· Forcepoint LLC
· Digital Guardian Inc.
· Thales Group
· Varonis Systems Inc.
· Seclore Technology Pvt. Ltd.
· Informatica LLC
· Fasoo Inc.
· PKWARE Inc.
Global Data-Centric Security Market: By Regions
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia, and Rest of Asia-Pacific)
South America (Brazil, Argentina, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter’s Five Force Model and SWOT analysis are used to study the global Data-Centric Security market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Data-Centric Security would help in identifying future applications in this market.
Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Objectives of the Study:
• To provide with an exhaustive analysis on the Data-Centric Security Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Historic Year: 2016-2022
Forecast: 2024-2035
1.1 Product Overview and Scope of Data-Centric Security
1.2 Classification of Data-Centric Security by Type
1.2.1 Overview: Global Data-Centric Security Market Size by Type: 2017 Versus 2022 Versus 2032
1.2.2 Global Data-Centric Security Revenue Market Share by Type in 2022
1.2.3 Professional
1.2.4 Managed
1.3 Global Data-Centric Security Market by Application
1.3.1 Overview: Global Data-Centric Security Market Size by Application: 2017 Versus 2022 Versus 2032
1.3.2 BFSI
1.3.3 IT and Telecommunications
1.3.4 Retail
1.3.5 Government and Public Sector
1.3.6 Healthcare
1.3.7 Others
1.4 Global Data-Centric Security Market Size & Forecast
1.5 Global Data-Centric Security Market Size and Forecast by Region
1.5.1 Global Data-Centric Security Market Size by Region: 2017 VS 2022 VS 2032
1.5.2 Global Data-Centric Security Market Size by Region, (2016-2021)
1.5.3 North America Data-Centric Security Market Size and Prospect (2017-2032)
1.5.4 Europe Data-Centric Security Market Size and Prospect (2017-2032)
1.5.5 Asia-Pacific Data-Centric Security Market Size and Prospect (2017-2032)
1.5.6 South America Data-Centric Security Market Size and Prospect (2017-2032)
1.5.7 Middle East and Africa Data-Centric Security Market Size and Prospect (2017-2032)
1.6 Market Drivers, Restraints and Trends
1.6.1 Data-Centric Security Market Drivers
1.6.2 Data-Centric Security Market Restraints
1.6.3 Data-Centric Security Trends Analysis
2 Company Profiles
2.1 IBM (US)
2.1.1 IBM (US) Details
2.1.2 IBM (US) Major Business
2.1.3 IBM (US) Data-Centric Security Product and Solutions
2.1.4 IBM (US) Data-Centric Security Revenue, Gross Margin and Market Share (2017-2022)
2.1.5 IBM (US) Recent Developments and Future Plans
2.2 Imperva (US)
2.2.1 Imperva (US) Details
2.2.2 Imperva (US) Major Business
2.2.3 Imperva (US) Data-Centric Security Product and Solutions
2.2.4 Imperva (US) Data-Centric Security Revenue, Gross Margin and Market Share (2017-2022)
2.2.5 Imperva (US) Recent Developments and Future Plans
2.3 Informatica (US)
2.3.1 Informatica (US) Details
2.3.2 Informatica (US) Major Business
2.3.3 Informatica (US) Data-Centric Security Product and Solutions
2.3.4 Informatica (US) Data-Centric Security Revenue, Gross Margin and Market Share (2017-2022)
2.3.5 Informatica (US) Recent Developments and Future Plans
2.4 Oracle (US)
2.4.1 Oracle (US) Details
2.4.2 Oracle (US) Major Business
2.4.3 Oracle (US) Data-Centric Security Product and Solutions
2.4.4 Oracle (US) Data-Centric Security Revenue, Gross Margin and Market Share (2017-2022)
2.4.5 Oracle (US) Recent Developments and Future Plans
2.5 Varonis Systems (US)
2.5.1 Varonis Systems (US) Details
2.5.2 Varonis Systems (US) Major Business
2.5.3 Varonis Systems (US) Data-Centric Security Product and Solutions
2.5.4 Varonis Systems (US) Data-Centric Security Revenue, Gross Margin and Market Share (2017-2022)
2.5.5 Varonis Systems (US) Recent Developments and Future Plans
2.6 AvePoint (US)
2.6.1 AvePoint (US) Details
2.6.2 AvePoint (US) Major Business
2.6.3 AvePoint (US) Data-Centric Security Product and Solutions
2.6.4 AvePoint (US) Data-Centric Security Revenue, Gross Margin and Market Share (2017-2022)
2.6.5 AvePoint (US) Recent Developments and Future Plans
2.7 BlueTalon (US)
2.7.1 BlueTalon (US) Details
2.7.2 BlueTalon (US) Major Business
2.7.3 BlueTalon (US) Data-Centric Security Product and Solutions
2.7.4 BlueTalon (US) Data-Centric Security Revenue, Gross Margin and Market Share (2017-2022)
2.7.5 BlueTalon (US) Recent Developments and Future Plans
2.8 Dataguise (US)
2.8.1 Dataguise (US) Details
2.8.2 Dataguise (US) Major Business
2.8.3 Dataguise (US) Data-Centric Security Product and Solutions
2.8.4 Dataguise (US) Data-Centric Security Revenue, Gross Margin and Market Share (2017-2022)
2.8.5 Dataguise (US) Recent Developments and Future Plans
2.9 Datiphy (US)
2.9.1 Datiphy (US) Details
2.9.2 Datiphy (US) Major Business
2.9.3 Datiphy (US) Data-Centric Security Product and Solutions
2.9.4 Datiphy (US) Data-Centric Security Revenue, Gross Margin and Market Share (2017-2022)
2.9.5 Datiphy (US) Recent Developments and Future Plans
2.10 Micro Focus (UK)
2.10.1 Micro Focus (UK) Details
2.10.2 Micro Focus (UK) Major Business
2.10.3 Micro Focus (UK) Data-Centric Security Product and Solutions
2.10.4 Micro Focus (UK) Data-Centric Security Revenue, Gross Margin and Market Share (2017-2022)
2.10.5 Micro Focus (UK) Recent Developments and Future Plans
2.11 NextLabs (US)
2.11.1 NextLabs (US) Details
2.11.2 NextLabs (US) Major Business
2.11.3 NextLabs (US) Data-Centric Security Product and Solutions
2.11.4 NextLabs (US) Data-Centric Security Revenue, Gross Margin and Market Share (2017-2022)
2.11.5 NextLabs (US) Recent Developments and Future Plans
2.12 Protegrity (US)
2.12.1 Protegrity (US) Details
2.12.2 Protegrity (US) Major Business
2.12.3 Protegrity (US) Data-Centric Security Product and Solutions
2.12.4 Protegrity (US) Data-Centric Security Revenue, Gross Margin and Market Share (2017-2022)
2.12.5 Protegrity (US) Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global Data-Centric Security Revenue and Share by Players (2017-2022)
3.2 Market Concentration Rate
3.2.1 Top 3 Data-Centric Security Players Market Share
3.2.2 Top 10 Data-Centric Security Players Market Share
3.2.3 Market Competition Trend
3.3 Data-Centric Security Players Head Office, Products and Services Provided
3.4 Mergers & Acquisitions
3.5 New Entrants and Expansion Plans
4 Market Size Segment by Type
4.1 Global Data-Centric Security Revenue and Market Share by Type (2016-2021)
4.2 Global Data-Centric Security Market Forecast by Type (2021-2026)
5 Market Size Segment by Application
5.1 Global Data-Centric Security Revenue Market Share by Application (2016-2021)
5.2 Data-Centric Security Market Forecast by Application (2021-2026)
6 North America by Country, by Type, and by Application
6.1 North America Data-Centric Security Revenue by Type (2017-2032)
6.2 North America Data-Centric Security Revenue by Application (2017-2032)
6.3 North America Data-Centric Security Market Size by Country
6.3.1 North America Data-Centric Security Revenue by Country (2017-2032)
6.3.2 United States Data-Centric Security Market Size and Forecast (2017-2032)
6.3.3 Canada Data-Centric Security Market Size and Forecast (2017-2032)
6.3.4 Mexico Data-Centric Security Market Size and Forecast (2017-2032)
7 Europe by Country, by Type, and by Application
7.1 Europe Data-Centric Security Revenue by Type (2017-2032)
7.2 Europe Data-Centric Security Revenue by Application (2017-2032)
7.3 Europe Data-Centric Security Market Size by Country
7.3.1 Europe Data-Centric Security Revenue by Country (2017-2032)
7.3.2 Germany Data-Centric Security Market Size and Forecast (2017-2032)
7.3.3 France Data-Centric Security Market Size and Forecast (2017-2032)
7.3.4 United Kingdom Data-Centric Security Market Size and Forecast (2017-2032)
7.3.5 Russia Data-Centric Security Market Size and Forecast (2017-2032)
7.3.6 Italy Data-Centric Security Market Size and Forecast (2017-2032)
8 Asia-Pacific by Region, by Type, and by Application
8.1 Asia-Pacific Data-Centric Security Revenue by Type (2017-2032)
8.2 Asia-Pacific Data-Centric Security Revenue by Application (2017-2032)
8.3 Asia-Pacific Data-Centric Security Market Size by Region
8.3.1 Asia-Pacific Data-Centric Security Revenue by Region (2017-2032)
8.3.2 China Data-Centric Security Market Size and Forecast (2017-2032)
8.3.3 Japan Data-Centric Security Market Size and Forecast (2017-2032)
8.3.4 South Korea Data-Centric Security Market Size and Forecast (2017-2032)
8.3.5 India Data-Centric Security Market Size and Forecast (2017-2032)
8.3.6 Southeast Asia Data-Centric Security Market Size and Forecast (2017-2032)
8.3.7 Australia Data-Centric Security Market Size and Forecast (2017-2032)
9 South America by Country, by Type, and by Application
9.1 South America Data-Centric Security Revenue by Type (2017-2032)
9.2 South America Data-Centric Security Revenue by Application (2017-2032)
9.3 South America Data-Centric Security Market Size by Country
9.3.1 South America Data-Centric Security Revenue by Country (2017-2032)
9.3.2 Brazil Data-Centric Security Market Size and Forecast (2017-2032)
9.3.3 Argentina Data-Centric Security Market Size and Forecast (2017-2032)
10 Middle East & Africa by Country, by Type, and by Application
10.1 Middle East & Africa Data-Centric Security Revenue by Type (2017-2032)
10.2 Middle East & Africa Data-Centric Security Revenue by Application (2017-2032)
10.3 Middle East & Africa Data-Centric Security Market Size by Country
10.3.1 Middle East & Africa Data-Centric Security Revenue by Country (2017-2032)
10.3.2 Turkey Data-Centric Security Market Size and Forecast (2017-2032)
10.3.3 Saudi Arabia Data-Centric Security Market Size and Forecast (2017-2032)
10.3.4 UAE Data-Centric Security Market Size and Forecast (2017-2032)
11 Research Findings and Conclusion
12 Appendix
12.1 Methodology
12.2 Research Process and Data Source
12.3 Disclaimer
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