The global data center security market was valued at USD 8.86 million in 2017, and is expected to reach a value of USD 20.19 million by 2023, at a CAGR of 14.70%, during the forecast period (2018-2023). The market is segmented by type of solutions, end-user vertical and geography. This report focuses on adoption of these solutions for various applications various regions. The study also emphasizes on latest trends, industry activities, and vendor market activities.
As adoption of cloud services, big data, and virtualization continues to grow, the demand for secure and reliable data storage has increased drastically. With increasing volume of confidential information and critical data, the importance of protecting information has risen in prominence due to a rise in high-profile attacks.
Physical security is a top priority for many organizations and governments, as these solutions include monitoring, analysis and modeling, video surveillance and damage prevention, and restrict unauthorized access.
A considerable share of app developers and companies have been identified to utilize colocation data centers to manage and store the data, to avoid costs incurred from maintaining an in-house data center. This trend is expected to follow over the forecast period, which could affect the adoption rates of security measures.
Advent of Monitoring Solutions are Driving the Adoption of Data Center Security Solutions
Rising power density and dynamic power variations are two major factors that are forcing the conventional personnel based monitoring systems to be replaced. Physical threats to the data center include power, cooling, human error, malice, fire, leaks, and air quality. Power, cooling, and fire related threats are monitored by built-in capabilities of power, fire suppression, and cooling devices. UPS systems are being employed extensively to monitor the power quality, load on battery health, while PDUs are being employed for monitoring circuit loads.
Temperature sensors and humidity sensors are being used for monitoring the air temperature and humidity within the data center. Rope and spot leak sensors are being employed for monitoring liquid leaks that can damage the floors, cabling, and CRAC related structures.
Germany to Hold a Significant Share of the European Market
In 2016, Germany constituted for the majority of the market share in the region, followed by United Kingdom and Spain respectively. Other countries that contribute to the market within the European market include France, Italy, and Poland. Despite the economic uncertainties, demand for data center remains strong in the region. This will lead to expansion of existing data centers and building new ones. The security, latency, and connectivity requirements are driving enterprises towards adopting data centers. Germany contains several data center clusters throughout the country, providing plenty of colocation opportunities. The primary colocation data center markets in Germany are: Frankfurt Dusseldorf Berlin Munich Hamburg. There are 405 German data centers; the most of these colocation facilities are located around Frankfurt.
Key Developments in the Market
- December 2017 - Cisco announced a new Security Connector app for managing enterprise iOS devices. Cisco developed the Cisco Security Connector app on iOS 11 to offer organizations fine-grained visibility into network access on enterprise-supervised iOS devices. It offers security functionality from Cisco Umbrella and Cisco Clarity in a single app. It can be deployed on enterprise-supervised iOS devices using a mobile device management solution such as the Cisco Meraki Systems Manager
Major Players: Symantec Corporation, VMware, Inc., Cisco Systems Inc., Checkpoint Software Technologies Ltd., and Fortinet, Inc., among others.
Reasons to Purchase this Report
- To analyze various perspectives of the market with the help of Porter’s five forces analysis
- To understand the end-user vertical that is likely to witness highest adoption
- To identify the latest developments, market shares and strategies employed by the major market players
- 3-month analyst support, along with the Market Estimate sheet in excel
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1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Market Definition
1.4 Key Findings of the Study
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
4.1 Market Overview
4.2 Factors Driving the Market
4.2.1 Increasing Data Traffic and Need for Secured Connectivity
4.2.2 Rise in Cyber Threats
4.2.3 Requirement for More Data Centers
4.3 Factors Restraining the Market
4.3.1 Limited IT Budgets, Availability of Low-Cost Substitutes, and Piracy
4.4 Industry Value Chain Analysis
4.5 Industry Attractiveness – Porter's Five Industry Forces Analysis
4.5.1 Bargaining Power of Suppliers
4.5.2 Bargaining Power of Consumers
4.5.3 Threat of New Entrants
4.5.4 Threat of Substitute Products or Services
4.5.5 Competitive Rivalry among Existing Competitors
5. Global Data Center Secuirty Market Segmentation
5.1.1 Physical Security Solutions
188.8.131.52 Monitoring Solutions
184.108.40.206 Analysis and Modelling
220.127.116.11 Video Surveillance
5.1.2 Logical Security Solutions
18.104.22.168 Compliance Management and Access Control
22.214.171.124 Threat and Application Security Solution
126.96.36.199 Data Protection Solution
5.2 Industry Verticals
5.2.1 Consumer Goods and Retail
5.2.2 Banking/Financial Services
5.2.3 Telecom and Information Technology
5.2.5 Entertainment and Media
5.3 By Geography
5.3.1 North America
188.8.131.52 United States
184.108.40.206 United Kingdom
220.127.116.11 Rest of Europe
18.104.22.168 Rest of Asia-Pacific
5.3.4 Rest of the World
22.214.171.124 Latin America
126.96.36.199 Middle East & Africa
6. Competitive Intelligence – Company Profiles
6.1 Symantec Corporation
6.2 VMware, Inc.
6.3 Cisco Systems Inc.
6.4 Checkpoint Software Technologies Ltd.
6.5 Fortinet, Inc.
6.6 McAfee, Inc.
6.7 Citrix Systems, Inc
6.8 Trend Micro Inc.
6.9 Juniper Networks, Inc.
6.10 Schneider Electric SE
6.12 Dell, Inc.
6.13 Honeywell International, Inc.
6.14 IBM Corporation *List is Not Exhaustive
7. Investment Analysis
8. Future Outlook of Data Center Security Market