Data-Centric Security Market by Component (Software, Solutions, Professional Services), by Solutions (Data Protection, Data Privacy, Cyber Security), by Enterprises (Large, Medium, Small), by End-User (IT and Enterprises, Telecommunication, Government, BFSI), by North Americ (United States, Canada, Mexico), by South America (Brazil, Mexico, Rest of South America), by Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe), by Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), by MEA (Middle East, Africa) Forecast 2024-2032
The Data-Centric Security Market size was valued at USD 13.8 billion in 2023 and is projected to reach USD 62.2 billion by 2032, exhibiting a CAGR of 16.6 % during the forecast period. The data center security market deals with protecting data at its center thus extending its protection regardless of where the data is stored or in any format. This is a shift away from relying on network perimeters or endpoints for protection of the data. For data-centric security solutions that entail encryption, tokenization, and access controls to protect data in use, in motion, and at rest. It applies in fields like financial, health, and government institutions where information security is vital. Some of the notable uses are in meeting legal requirements such as GDPR and HIPAA, protecting cloud data storage, and countering data theft. The current trends that are being witnessed include the use of AI for threat detection, the incorporation of DLP, and the use of zero-trust models. As cyber risks rise and data breaches remain a constant threat, the market for data-centric security solutions remains competitive and dynamic.
Component:
Solutions:
Enterprises:
End-User:
The data-centric security market is expected to witness significant growth due to the increasing importance of data protection and privacy. This market presents opportunities for vendors to offer innovative solutions that address the evolving security challenges and meet regulatory requirements.
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 16.6% from 2018-2032 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 16.6% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
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