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Data Center Security Market Size
- Report ID: GMI5954
- Published Date: Jun 2023
- Report Format: PDF
Data Center Security Market Size
Data Center Security Market size was valued at over USD 12.6 billion in 2022 and is anticipated to grow at a CAGR of over 12% between 2023 and 2032. The increasing adoption of cloud computing platforms by a growing number of enterprises is augmenting the adoption & implementation of detailed physical & logical measures, which in turn, is driving the industry expansion.
The emergence of workplace virtualization, software-defined networking & software-defined storage and the rising trend of Bring Your Own Device (BYOD) have created the need for data center security to protect data from malware attacks & intrusion threats. Furthermore, the advent of new & advanced technologies is also expected to drive the need for defense measures, system upgrades, virtualized infrastructure, and authorization layers.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Data Center Security Market Size in 2022: | USD 12.6 Billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 12% |
| 2032 Value Projection: | USD 40 Billion |
| Historical Data for: | 2018 - 2022 |
| No. of Pages: | 302 |
| Tables, Charts & Figures: | 302 |
| Segments covered: | Component, Data Center Type, End-Use, and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Data centers refer to commercial data storage facilities that require specialized security. These centers safeguard data against all types of attacks & threats. The goal of data center security is to make businesses as secure as possible, thereby preventing hackers from gaining unauthorized access to data. Due to the complexity of data centers, the security components must be reviewed separately while adhering to a broader security plan. Physical security and software security are the two types of security measures implemented in data centers.
Rising cybersecurity threats can limit market growth during the forecast period. The evolving threat landscape poses significant challenges for the data center security market as the attacks are both sophisticated and frequent in nature. Robust security measures are needed to protect data center infrastructure and sensitive information from threats such as ransomware attacks, DDoS attacks, and advanced persistent threats. The need for advanced threat response capabilities as well as threat detection & prevention has fueled the demand for innovative data center security solution
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Data Center Security Market Scope
