The Data Center Security Market is anticipated to grow at a CAGR of 14.7% during 2016-2022 attaining a market size of $14.1 billion, globally. Due to growing need for network virtualization and cloud computing, the demand for data center market is growing rapidly, as organizations grow highly efficient with the implementation of the same. Securing networks and big data transfers are achieved seamlessly with the implementation of Data center security solutions. The rapid uptake of BYOD has also ignited the need for superior security level.
The Internet of Things on the other hand will be another major contributing factor that would drive the data generation during the forecast period. Applications such as video surveillance, smart meters, digital health monitors and a host of other M2M services would create new network requirements and eventually contribute to incremental traffic. Seamless data connection would bring about unparalleled opportunities for businesses to serve their customers efficiently.
The report highlights the adoption of Data Center Security market, globally. Based on the Solutions, the Data Center Security Market is segmented into Logical Security Solutions and Physical Security Solutions market. Based on the type, the Logical Security Solutions market is further bifurcated into Threat and Application Security, Compliance Management and Data Protection segments; the Physical Security Solutions market is segmented into Video Surveillance Solution, Monitoring & Management and Access Control segments.
On the basis of technology, Threat and Application Security Solution market is bifurcated as Intrusion Prevention Security/Intrusion Detection Security, Firewall, Virtualization Security Solutions, Unified Threat Management and Others segments. According to Data Center Type, the market is segmented into Mid-Sized Data Center, Enterprise Data Center, Large Data Center market. Based on vertical, the Data Center Security market is bifurcated into BFSI (Banking and Financial Service Industry), Telecom and ITES, Government & Defense, Healthcare, Education, Retail, Manufacturing and Others market. On the basis of geography, the market is further segmented into North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa) market.
Key Players profiled in the report include IBM Corporation, Cisco Systems, Inc., HP Enterprise Company, Check Point Software Technologies, Honeywell International, Inc, Intel Corporation, Fortinet Inc. and Robert Bosch GmbH.