The global demand for Data-Centric Security Market is presumed to reach the market size of nearly USD 33.35 MN by 2028 from USD 4.91 MN in 2021 with a CAGR of 31.6% under the study period 2022 - 2028.
Data-centric security is a service that focuses on securing data where it is stored and used instead of concentrating on security controls for servers, applications, and network infrastructure. It continuously monitors the movement of sensitive data. It connects security services directly to the data they completely safeguard. This helps data-centric security assist enterprises in overcoming the disconnect between IT security technology and the objectives of the business plan. Using this method, organizations can reduce internal dangers, hacker threats, and other hostile attacks. The zero-trust approach used by data-centric models lowers the threat of cyberattacks since users only request privileged access when necessary.
Market Dynamics
The major factor driving data-centric security forward is identifying, categorizing, securing, and monitoring the most sensitive data throughout its entire lifespan. Further, additional factors such as government compliances and laws and an increase in data breach events may also positively impact the market. Data-centric security market growth is anticipated due to increasing enterprise data risks from the misuse of big machine learning, artificial intelligence, and data analytics. However, it is projected that businesses' financial worries and a lack of knowledge about data-centric security solutions will restrain the market. Increasing data breach cases are anticipated to present possibilities for the data-centric security market.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of data-centric security. The growth and trends of data-centric security industry provide a holistic approach to this study.
Market Segmentation
This section of the data-centric security market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Component
- Software And Solution
- Services
By Deployment
By Organization Size
By Vertical
- BFSI
- Government And Defense
- Healthcare And Pharmaceuticals
- IT And Enterprise
- Telecommunication
- Retail
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Data-Centric Security market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Data-Centric Security Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the data-centric security market include Informatica (US), IBM (US), Broadcom (US), Micro Focus (US), Varonis Systems (US), Talend (US), Orange Cyberdefense (France), Forcepoint (US), Imperva (US), NetApp (US), Infogix (US), PKWARE (US), Seclore (US), Fasoo (South Korea), Protegrity (US), Egnyte (US), Netwrix (US), Digital Guardian (US), HelpSystems (US), BigID (US), Securiti (US), SecuPi (US), Concentric.AI (US), Lepide (US), NextLabs (US), SealPath (Spain), Nucleus Cyber (US), and Dathena (Singapore). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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