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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

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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.
Data Centric Security Market
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

Data Centric Security Market


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 coveredAsia-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:
By Component:
  • Professional Services
  • Software
  • Solutions
    		•
    By Deployment Mode:
  • Cloud
  • On-premise
    		•
    By Organization Size:
  • Large Enterprises
  • SMEs
    		•
    By Vertical:
  • BFSI
  • Government & Defense
  • Healthcare & Pharmaceuticals
  • IT & Enterprises
  • Retail & Consumer Goods
  • Telecommunication
    		•
    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 report
    1.2. Market segment analysis

    2. Research Methodology
    2.1. Research data source
    2.1.1. Secondary Data
    2.1.2. Primary Data
    2.1.3. SPER’s internal database
    2.1.4. Premium insight from KOL’s
    2.2. Market size estimation
    2.2.1. Top-down and Bottom-up approach
    2.3. Data triangulation

    3. Executive Summary

    4. Market Dynamics
    4.1. Driver, Restraint, Opportunity and Challenges analysis
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunities
    4.1.4. Challenges
    4.2. COVID-19 Impacts of the Global Data Centric Security Market

    5. Market variable and outlook
    5.1. SWOT Analysis
    5.1.1. Strengths
    5.1.2. Weaknesses
    5.1.3. Opportunities
    5.1.4. Threats
    5.2. PESTEL Analysis
    5.2.1. Political Landscape
    5.2.2. Economic Landscape
    5.2.3. Social Landscape
    5.2.4. Technological Landscape
    5.2.5. Environmental Landscape
    5.2.6. Legal Landscape
    5.3. PORTER’s Five Forces 
    5.3.1. Bargaining power of suppliers
    5.3.2. Bargaining power of buyers
    5.3.3. Threat of Substitute
    5.3.4. Threat of new entrant
    5.3.5. Competitive rivalry
    5.4. Heat Map Analysis

    6. Competitive Landscape
    6.1. Global Data Centric Security Market Manufacturing Base Distribution, Sales Area, Product Type 
    6.2. 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, 2023-2033
    7.2. Professional Services
    7.3. Software
    7.4. 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, 2023-2033
    8.2. Cloud
    8.3. 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, 2023-2033
    9.2. Large Enterprises
    9.3. SMEs

    10. Global Data Centric Security Market, By Vertical (USD Million)
    10.1. Global Data Centric Security Market Value Share and Forecast, By Vertical, 2023-2033
    10.2. BFSI
    10.3. Government & Defense
    10.4. Healthcare & Pharmaceuticals
    10.5. IT & Enterprises
    10.6. Retail & Consumer Goods
    10.7. Telecommunication
    10.8. 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-Pacific
    16.3.1. Australia
    16.3.2. China
    16.3.3. India
    16.3.4. Japan
    16.3.5. South Korea
    16.3.6. Rest of Asia-Pacific
    16.4. Europe
    16.4.1. France
    16.4.2. Germany
    16.4.3. Italy
    16.4.4. Spain
    16.4.5. United Kingdom
    16.4.6. Rest of Europe
    16.5. Middle East and Africa
    16.5.1. Kingdom of Saudi Arabia 
    16.5.2. United Arab Emirates
    16.5.3. Rest of Middle East & Africa
    16.6. North America
    16.6.1. Canada
    16.6.2. Mexico
    16.6.3. United States
    16.7. Latin America
    16.7.1. Argentina
    16.7.2. Brazil
    16.7.3. Rest of Latin America

    17. Company Profile
    17.1. Broadcom Inc.
    17.1.1. Company details
    17.1.2. Financial outlook
    17.1.3. Product summary 
    17.1.4. Recent developments
    17.2. Dathena Inc.
    17.2.1. Company details
    17.2.2. Financial outlook
    17.2.3. Product summary 
    17.2.4. Recent developments
    17.3. Egnyte Inc.
    17.3.1. Company details
    17.3.2. Financial outlook
    17.3.3. Product summary 
    17.3.4. Recent developments
    17.4. Fasoo Inc.
    17.4.1. Company details
    17.4.2. Financial outlook
    17.4.3. Product summary 
    17.4.4. Recent developments
    17.5. Forcepoint Inc.
    17.5.1. Company details
    17.5.2. Financial outlook
    17.5.3. Product summary 
    17.5.4. Recent developments
    17.6. HelpSystem Inc.
    17.6.1. Company details
    17.6.2. Financial outlook
    17.6.3. Product summary 
    17.6.4. Recent developments
    17.7. IBM Corporation
    17.7.1. Company details
    17.7.2. Financial outlook
    17.7.3. Product summary 
    17.7.4. Recent developments
    17.8. Imperva Inc.
    17.8.1. Company details
    17.8.2. Financial outlook
    17.8.3. Product summary 
    17.8.4. Recent developments
    17.9. Informatica Corporation
    17.9.1. Company details
    17.9.2. Financial outlook
    17.9.3. Product summary 
    17.9.4. Recent developments
    17.10. McAfee LLC
    17.10.1. Company details
    17.10.2. Financial outlook
    17.10.3. Product summary 
    17.10.4. Recent developments
    17.11. Micro Focus International PLC
    17.11.1. Company details
    17.11.2. Financial outlook
    17.11.3. Product summary 
    17.11.4. Recent developments
    17.12. NetApp Inc.
    17.12.1. Company details
    17.12.2. Financial outlook
    17.12.3. Product summary 
    17.12.4. Recent developments
    17.13. Netwrix Corporation
    17.13.1. Company details
    17.13.2. Financial outlook
    17.13.3. Product summary 
    17.13.4. Recent developments
    17.14. NextLabs Inc.
    17.14.1. Company details
    17.14.2. Financial outlook
    17.14.3. Product summary 
    17.14.4. Recent developments
    17.15. Nucleus Cyber Systems
    17.15.1. Company details
    17.15.2. Financial outlook
    17.15.3. Product summary 
    17.15.4. Recent developments
    17.16. Oracle Corporation
    17.16.1. Company details
    17.16.2. Financial outlook
    17.16.3. Product summary 
    17.16.4. Recent developments
    17.17. Protegrity Inc.
    17.17.1. Company details
    17.17.2. Financial outlook
    17.17.3. Product summary 
    17.17.4. Recent developments
    17.18. Talend S.A.
    17.18.1. Company details
    17.18.2. Financial outlook
    17.18.3. Product summary 
    17.18.4. Recent developments
    17.19. Varonis Systems Inc.
    17.19.1. Company details
    17.19.2. Financial outlook
    17.19.3. Product summary 
    17.19.4. Recent developments
    17.20. 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.

    SPER-Methodology-1

    SPER-Methodology-2

    SPER-Methodology-3

    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.
    You can get the sample pages by clicking the link -Click Here
    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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