The global Data Center Security Market size is expected to value at USD 15.49 billion by 2024. The market is subject to witness a substantial growth due to the rising concerns regarding cyber-attacks and data breaches and increasing initiatives by government authorities to minimize threat-level to keep the integrity and sovereignty of the state. Factors responsible for rapid growth of the data center security industry include substantial increase in online traffic, shifting trend towards adoption of the cloud-based infrastructure, rise in the number of cyber-attacks and the need for a highly comprehensive security policy. Globally, the data center security market is predicted to grow at higher CAGR in the forecast period, providing numerous opportunities for market players to invest in research and development of the market.

The data centers are considered as a vital element of organization owing to benefits such as capability to store critical information and core assets involved in the various business processes such as critical customer information, intellectual property, and transaction records. Safeguard of critical information can be achieved with the help of data center security. These factors are expected to foster the growth of data center security industry over the forecast period.

Early adoption of the advanced data security solutions allows organization to protect and safeguard core assets by offering immunity at different levels of business processes. The market is expected to display a high growth rate in the upcoming years owing to the vast increase in amount of businesses implementing cloud computing platforms and virtualization methods for their business information storage.

Increasing adoption of the various cloud computing platforms and virtualization methods leads to excessive vulnerabilities at different levels in the framework. This creates a need to implement stringent measures to minimize vulnerabilities involving both logical and physical measures. In addition, the virtualization of workplaces coupled with introduction of software-defined storage is leading to increase in the number of malware attacks and intrusion threats. These factors are expected to boost the market demand for advanced data center security solution over the forecast period.

Emergence of software-defined networking solutions and shifting trend towards Bring Your Own Device (BYOD) is predicted to drive demand for exclusive control and surveillance issues in the existing infrastructure of the data centers, thereby driving the market growth of data center security market in the upcoming years.

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The data center security industry is broadly categorized into five major segments based on end-user application such as IT & telecom industry, healthcare sector, banking & financial services industry (BFSI), retail companies, and research and development firms. The IT & telecom industry is considered as one of the fastest growing segment in the market with substantial revenue generation in the last couple of years.

Growing popularity of IT & telecom market segment is attributed to the emergence of new threats, the sophistication of attacks, and shifting focus towards adoption of next generation technology. The financial services segment has also witnessed massive growth, in the recent years due to the increasing demand to store sensitive business information and a larger attack area for incursions into the networks.

The data center security market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North American and European region have shown major growth in recent years owing to the rise in the implementation of latest technologies in cyber security sector, presence of matured market in the region and existence of well-established IT infrastructure. Asia-Pacific region is predicted to hold major market share in the data center security with massive growth in forecast period.

Countries such as India, China, Japan and Singapore are leading the Asia-Pacific market with growing demand from small and medium-sized enterprises (SMEs) and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the data center security industry are Symantec Co., Juniper Networks Inc., IBM Co., Cisco Systems Inc., Fortinet Inc., Checkpoint Software Technologies Ltd., Dell Incorporations, Trend Micro Incorporations, Honeywell International, Inc., Citrix Systems Incorporations, EMC Co., McAfee Inc., Intel Corp., and Hewlett-Packard Enterprise Company.

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Market Segment:

Data Center Security Market Application Outlook (Revenue, USD Million, 2014 - 2024)
    • Financial Services
    • IT and telecom
    • Government
    • Education
    • Healthcare
    • Media & entertainment
    • Others

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The Data Center Power Market appreciated by US$ 6046.0 million in the year 2016. It is estimated to develop at a substantial CAGR for the duration of the prediction. The growing necessity of cloud storage has caused in a huge capacity of data centers everywhere the world. This sequentially, ingest a vast quantity of energy. It expected that approximately 3% of generated electricity be use up by such type of amenities, per year.

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The Data Center Power on the source of Type of End Use could span Retail, Energy, Banking and Financial Services Institutions [BFSI], Healthcare, Government, IT & Telecom, and Others. Internationally, the greater demand has observed for data centers in Banking and Financial Services Institutions [BFSI]. It mostly motivated by the growing emphasis of the business on digitization. Furthermore, with the purpose of upsurge capabilities of banking sector, the business has moved on the way to cloud networking and cloud computing. This has given a rise to an enormous demand, thus motivating the progress of the market above the period of prediction.

The subdivision of telecom has appeared by way of the speedily developing subdivision in the market. The increasing telecommunication substructure necessitates alike amenities to accomplish the huge quantity of data. Causing in the growing expansion of new-fangled data centers. This expected to propel the demand for power organizations resolutions.

The Data Center Power market on the source of Type of Product could span Busway, Power Distribution Units [PDU], Uninterrupted Power Supply [UPS], and others. In the system of the data center power industry, Power Distribution Units [PDU]retailers are offering resolutions. It has abilities of energy observing and regulate the ingestion to safeguard improved usage of energy assets.

Power Distribution Units [PDU] are assisting businesses to decrease usage of energy & carbon track. It is improving the competence of the organizations, thus motivating the demand for clever Power Distribution Units [PDU] above the period of prediction. The companies functioning in the market are mainly concentrating on gaining products those are assisting to upsurge energy effectiveness and are handling energy ingestion due to the increasing practice of these arrangements.

The Data Center Power market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage in these areas for the duration of the prediction could span North America [U.S.A, Canada], Europe [Germany, U.K.], Asia Pacific [India, Japan, China], Latin America [Brazil, Mexico], Middle East & Africa.

By the source of geography, North America held the biggest stake of market in the year 2016 because the area possess the maximum amount of data centers in the world.

Moreover, only the U.S.A. responsible for above 30% stake of the data center power market in the year 2016. Numerous standards and guidelines have presented and applied by administrations and controlling organizations to decrease carbon trails and energy ingestion. This has caused in the massive acceptance of well-organized power administration procedures in data centers in the area of North America.

Furthermore, the area of Asia Pacific anticipated observing a greater development percentage due to the fast growth in the capacity of colocation data centers in developing nations, for example China and India. The statement revises Trades in terms of intake of Data Center Power in the market; particularly in North America, Europe, Asia Pacific, Latin America and Middle East & Africa. It concentrates on the topmost companies operating in these regions.

Some of the important companies operating in the field on the international basis are General Electric, Eaton Corporation, Emerson Electric, Schneider Electric, and ABB Group. Additional notable companies operating in the field on international basis are Belkin, Riello, Toshiba Corporation, Fuji Electric, HP Enterprise Company, Black Box Corporation, Tripp Lite. Rittal GmbH & Co. KG, Delta Power Solutions, Caterpillar Inc., Cyber Power System, Server Technology, Inc., and Raritan Inc.

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Market Segment:

Data Center Power Product Outlook (Revenue, USD Million; 2014 - 2025)
    • PDU
    • UPS
    • Busway
    • Others

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person:

Ryan Manuel

Research Support Specialist, USA

Email:ryan@millioninsights.com