Data Centric Security Market Growth, Size, Trends, Revenue, Scope, Challenges and Future Outlook
Data Centric Security Market Size- By Component, By Deployment Mode, By Organization Size, By Vertical- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Jul-2023 | Report ID: IACT23140 | Pages: 1 - 236 | Formats*: |
| Category : Information & Communications Technology | |||
Data Centric Security Market Introduction and Overview
According to SPER Market Research, the Global Data Centric Security Market is estimated to reach USD 75.18 billion by 2033 with a CAGR of 16.19%.
The report includes an in-depth analysis of the Global Data Centric Security Market, including market size and trends, product mix, distribution channels, and supplier analysis. A security solution known as "data-centric security" focuses on the dependability and securing data where it is stored and used rather than the security of networks, servers, or applications. By connecting security services directly to the data, they completely safeguard, data-centric security also assists organisations in overcoming the disconnect between IT security technology and the objectives of the business plan.
- March 2023: A cloud security solution developed by IBM called the IBM Cloud Data Security Broker aims to provide tokenization, field-level encryption, and masking. The solution provides a data-centric layer of protection that enables users to tokenize, encrypt, and mask data at the row and column levels.
- Increasing Data Breaches: The rise in data breaches and cyberattacks has created a significant demand for data centric security solutions. Organizations are becoming more aware of the potential risks associated with data breaches and are investing in advanced security measures to protect their sensitive information.
Market Opportunities and Challenges
The increasing adoption of cloud computing and digital transformation initiatives presents a significant market opportunity for data centric security solutions. As organizations migrate their data to cloud environments and embrace digital technologies, there is a growing need for robust security measures to protect sensitive information. This opens up opportunities for data centric security providers to offer innovative solutions that address the unique security challenges associated with cloud-based data storage and processing.
One of the key challenges in the data centric security market is the lack of awareness and understanding among organizations about the importance of data-centric security strategies. Many businesses still rely on perimeter-based security approaches, which focus on protecting network boundaries rather than securing the data itself. Educating organizations about the significance of data-centric security and the potential risks associated with data breaches is crucial. Overcoming this challenge requires effective marketing and awareness campaigns to highlight the importance of adopting data centric security measures to safeguard sensitive data throughout its lifecycle
Market Competitive Landscape
The data-centric security industry has a number of local, regional, and international players with a significant presence. Rapid technological advancements have created significant opportunities in the market. Players in the market are continuously focusing on developing technology advanced solutions for their customers. Some of the key players in the global Data Centric Security market include Broadcom Inc., Dathena Inc., Egnyte Inc., Fasoo Inc., Forcepoint Inc., HelpSystem Inc., IBM Corporation, Imperva Inc., Informatica Corporation, McAfee LLC, Micro Focus International PLC, NetApp Inc., Netwrix Corporation, NextLabs Inc., Nucleus Cyber Systems, Oracle Corporation, Protegrity Inc., Talend S.A., Varonis Systems Inc., Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Component, By Deployment Mode, By Organization Size, By Vertical |
| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America |
| Companies Covered | Broadcom Inc., Dathena Inc., Egnyte Inc., Fasoo Inc., Forcepoint Inc., HelpSystem Inc., IBM Corporation, Imperva Inc., Informatica Corporation, McAfee LLC, Micro Focus International PLC, NetApp Inc., Netwrix Corporation, NextLabs Inc., Nucleus Cyber Systems, 17.16. Oracle Corporation, Protegrity Inc., Talend S.A., Varonis Systems Inc., Others |
COVID-19 Impact on Global Data Centric Security Market
Pandemic has accelerated several trends in the global data-centric security market. Organizations have increasingly embraced the zero-trust security model, implementing granular access controls and encryption to protect sensitive data. The pandemic also witnessed a rise in data breaches, highlighting the vulnerabilities in data-centric security infrastructure and driving investment in data security solutions. Furthermore, organizations have adopted AI-based security solutions to bolster their data-centric security measures, leveraging advanced threat detection and response capabilities. Supply chain security has become a focal point, as the pandemic exposed vulnerabilities in data shared among supply chain partners. Finally, regulatory changes and compliance requirements prompted organizations to prioritize data-centric security solutions that align with evolving data security and privacy regulations.
Key Target Audience:
- Enterprises and Organizations
- Chief Information Security Officers (CISOs) and Security Professionals
- IT Managers and Directors
- Compliance Officers and Legal Departments
- Cloud Service Providers
- Healthcare and Financial Institutions
- Data Privacy Professionals
- Managed Security Service Providers (MSSPs)
Our in-depth analysis of the Data Centric Security Market includes the following segments:
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Key Topics Covered in the Report:
- Global Data Centric Security Market Size (FY’2023-FY’2033)
- Overview of Global Data Centric Security Market
- Segmentation of Global Data Centric Security Market By Component (Professional Services, Software, Solutions)
- Segmentation of Global Data Centric Security Market By Deployment Mode (Cloud, On-premise)
- Segmentation of Global Data Centric Security Market By Organization Size (Large Enterprises, SMEs)
- Segmentation of Global Data Centric Security Market By Vertical (BFSI, Government & Defense, Healthcare & Pharmaceuticals, IT & Enterprises, Retail & Consumer Goods, Telecommunication, Others)
- Statistical Snap of Global Data Centric Security Market
- Expansion Analysis of Global Data Centric Security Market
- Problems and Obstacles in Global Data Centric Security Market
- Competitive Landscape in the Global Data Centric Security Market
- Impact of COVID-19 and Demonetization on Global Data Centric Security Market
- Details on Current Investment in Global Data Centric Security Market
- Competitive Analysis of Global Data Centric Security Market
- Prominent Players in the Global Data Centric Security Market
- SWOT Analysis of Global Data Centric Security Market
- Global Data Centric Security Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Global Data Centric Security Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Data Centric Security Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Data Centric Security Market
7. Global Data Centric Security Market, By Component (USD Million)
7.1. Global Data Centric Security Market Value Share and Forecast, By Component, 2023-20337.2. Professional Services7.3. Software7.4. Solutions
8. Global Data Centric Security Market, By Deployment Mode (USD Million)
8.1. Global Data Centric Security Market Value Share and Forecast, By Deployment Mode, 2023-20338.2. Cloud8.3. On-premise
9. Global Data Centric Security Market, By Organization Size (USD Million)
9.1. Global Data Centric Security Market Value Share and Forecast, By Organization Size, 2023-20339.2. Large Enterprises9.3. SMEs
10. Global Data Centric Security Market, By Vertical (USD Million)
10.1. Global Data Centric Security Market Value Share and Forecast, By Vertical, 2023-203310.2. BFSI10.3. Government & Defense10.4. Healthcare & Pharmaceuticals10.5. IT & Enterprises10.6. Retail & Consumer Goods10.7. Telecommunication10.8. Others
11. Global Data Centric Security Market Forecast, 2019-2033 (USD Million)
11.1. Global Data Centric Security Market Size and Market Share
12. Global Data Centric Security Market, By Component, 2019-2033 (USD Million)
12.1. Global Data Centric Security Market Size and Market Share By Component (2019-2026)12.2. Global Data Centric Security Market Size and Market Share By Component (2027-2033)
13. Global Data Centric Security Market, By Deployment Mode, 2019-2033 (USD Million)
13.1. Global Data Centric Security Market Size and Market Share By Deployment Mode (2019-2026)13.2. Global Data Centric Security Market Size and Market Share By Deployment Mode (2027-2033)
14. Global Data Centric Security Market, By Organization Size, 2019-2033 (USD Million)
14.1. Global Data Centric Security Market Size and Market Share By Organization Size (2019-2026)14.2. Global Data Centric Security Market Size and Market Share By Organization Size (2027-2033)
15. Global Data Centric Security Market, By Vertical, 2019-2033 (USD Million)
15.1. Global Data Centric Security Market Size and Market Share By Vertical (2019-2026)15.2. Global Data Centric Security Market Size and Market Share By Vertical (2027-2033)
16. Global Data Centric Security Market, By Region, 2019-2033 (USD Million)
16.1. Global Data Centric Security Market Size and Market Share By Region (2019-2026)
16.2. Global Data Centric Security Market Size and Market Share By Region (2027-2033)
16.3. Asia-Pacific16.3.1. Australia16.3.2. China16.3.3. India16.3.4. Japan16.3.5. South Korea16.4. Europe16.3.6. Rest of Asia-Pacific16.4.1. France16.4.2. Germany16.4.3. Italy16.4.4. Spain16.4.5. United Kingdom16.4.6. Rest of Europe16.5. Middle East and Africa16.5.1. Kingdom of Saudi Arabia16.5.2. United Arab Emirates16.5.3. Rest of Middle East & Africa16.6. North America16.6.1. Canada16.6.2. Mexico16.6.3. United States16.7. Latin America16.7.1. Argentina16.7.2. Brazil16.7.3. Rest of Latin America
17. Company Profile
17.1. Broadcom Inc.17.1.1. Company details17.1.2. Financial outlook17.1.3. Product summary17.1.4. Recent developments17.2. Dathena Inc.17.2.1. Company details17.2.2. Financial outlook17.2.3. Product summary17.2.4. Recent developments17.3. Egnyte Inc.17.3.1. Company details17.3.2. Financial outlook17.3.3. Product summary17.3.4. Recent developments17.4. Fasoo Inc.17.4.1. Company details17.4.2. Financial outlook17.4.3. Product summary17.4.4. Recent developments17.5. Forcepoint Inc.17.5.1. Company details17.5.2. Financial outlook17.5.3. Product summary17.5.4. Recent developments17.6. HelpSystem Inc.17.6.1. Company details17.6.2. Financial outlook17.6.3. Product summary17.6.4. Recent developments17.7. IBM Corporation17.7.1. Company details17.7.2. Financial outlook17.7.3. Product summary17.7.4. Recent developments17.8. Imperva Inc.17.8.1. Company details17.8.2. Financial outlook17.8.3. Product summary17.8.4. Recent developments17.9. Informatica Corporation17.9.1. Company details17.9.2. Financial outlook17.9.3. Product summary17.9.4. Recent developments17.10. McAfee LLC17.10.1. Company details17.10.2. Financial outlook17.10.3. Product summary17.10.4. Recent developments17.11. Micro Focus International PLC17.11.1. Company details17.11.2. Financial outlook17.11.3. Product summary17.11.4. Recent developments17.12. NetApp Inc.17.12.1. Company details17.12.2. Financial outlook17.12.3. Product summary17.12.4. Recent developments17.13. Netwrix Corporation17.13.1. Company details17.13.2. Financial outlook17.13.3. Product summary17.13.4. Recent developments17.14. NextLabs Inc.17.14.1. Company details17.14.2. Financial outlook17.14.3. Product summary17.14.4. Recent developments17.15. Nucleus Cyber Systems17.15.1. Company details17.15.2. Financial outlook17.15.3. Product summary17.15.4. Recent developments17.16. Oracle Corporation17.16.1. Company details17.16.2. Financial outlook17.16.3. Product summary17.16.4. Recent developments17.17. Protegrity Inc.17.17.1. Company details17.17.2. Financial outlook17.17.3. Product summary17.17.4. Recent developments17.18. Talend S.A.17.18.1. Company details17.18.2. Financial outlook17.18.3. Product summary17.18.4. Recent developments17.19. Varonis Systems Inc.17.19.1. Company details17.19.2. Financial outlook17.19.3. Product summary17.19.4. Recent developments17.20. Others
18. List of Abbreviations
19. Reference Links
20. Conclusion
21. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Data Centric Security Market is projected to reach USD 75.18 billion by 2033, growing at a CAGR of 16.19% during the forecast period.
Data Centric Security Market grew in market size from 2023. The Market is expected to reach USD 75.18 billion by 2033, at a CAGR of 16.19% during the forecast period.
Data Centric Security Market CAGR of 16.19% during the forecast period.
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Data Centric Security Market size is USD 75.18 billion from 2023 to 2033.
Data Centric Security Market Segment is Covered By Component, By Deployment Mode, By Organization Size, By Vertical
The North America region is anticipated to have the highest market share in Data Centric Security Market.
The increasing adoption of cloud computing and digital transformation initiatives presents a significant market opportunity for data centric security solutions.
The key players in the market include Companies Covered Broadcom Inc., Dathena Inc., Egnyte Inc., Fasoo Inc., Forcepoint Inc., HelpSystem Inc., IBM Corporation, Imperva Inc., Informatica Corporation, McAfee LLC, Micro Focus International PLC, NetApp Inc., Netwrix Corporation, NextLabs Inc., Nucleus Cyber Systems, 17.16. Oracle Corporation, Protegrity Inc., Talend S.A., Varonis Systems Inc., Others
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