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(Wireless-NewsWire.Com, October 25, 2018 ) According to Verified Market Intelligence, the Global Data Center Security Market was valued at USD 6.58 billion in 2016 and is projected to reach USD 24.95 billion by 2025, growing at a CAGR of 15.96% from 2017 to 2025.
Data center security can be defined as a set of rules, regulations or practices that are set in place in a data center in order to ensure the security from several types of security attacks or threats. The data security system strives to make data that is sensitive or not to be shared less accessible to people who are trying to obtain unauthorized access to the systems such as hackers. There are several advantages of having a data security system in place, this includes the ability of the system to detect malware, even those of advanced nature, the close security gaps, prevention of hackers attacking the system and gaining unauthorized access to a business’s data and thereby protecting an organization’s key data. The integration of a data systems allows for a dynamic as well as the continuing resolution to security incidents.
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With the growing amount of data centers, there is a boost in visualization and cloud computing. This had led to a huge growth in the number of attacks that are occurring on systems. This increase in network traffic has led to the necessity for the betterment as well as the increased implementation of secure connectivity. This requirement for the establishment of logical as well as physical solutions in systems has led to an increase in the growth of the data center security market size. Factors such as the budget constraints linked to the growth of the data center security coupled with the availability of low-cost substitutes (such as piracy) are restraining the market for data center security.
Competitive Landscape:
The major players in the market are as follows:
IBM Corporation
Robert Bosch GmbH
Hewlett Packard Enterprise Co.
Mcafee, Inc. (Subsidiary of Intel Corp.)
Cisco Systems, Inc.
Honeywell International, Inc.
Check Point Software Technologies Ltd.
Fortinet, Inc.
Dell, Inc.
Schneider Electric SE
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