Major players are HP (U.S.), Dell (U.S.), Check Point Software Technologies (U.S.) , Schneider Electric (France), Siemens (Germany) and many.
(PRWEB) April 21, 2015
The report “Data Center Security” analyses and studies the major market drivers, restraints, opportunities and challenges in North America, Europe, Asia-Pacific, Latin America and Middle East and Africa.
Browse 57 market data tables and 94 figures spread through 241 pages and in-depth TOC on “Data Center Security Market".
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The global data center security market is classified majorly into solutions namely Logical Security Solutions and Physical Security Solutions. The service segment is further categorized into security consulting services, Managed Security Services and Professional Services. The global data center security market is also further classified on the basis of data center type i.e. mid-size, enterprise and large.
High growth in the adoption of cloud computing, virtualization and increasing attacks on data centers ,security concern of curtail data are some of the key factors that are fuelling the growth of the data center security market. However availability of low cost, substitute software solutions, low awareness of solutions and its benefits are some of the key factors hampering the growth of this market. However increasing numbers of new data center and high economic growth in emerging economies including India and China offer new growth opportunities for the market players.
As of 2015 North America is estimated to hold the largest share of the global data center security market followed by Asia Pacific. However the Asia-Pacific market is expected to grow at the highest CAGR of 16.6% from 2015 to 2020. A number of factors including development of new data centers and increasing security requirement of data in various booming sectors such as BFSI, Government and Public are stimulating the growth of the data center security market in the Asia-Pacific region.
The total data center security market is expected to grow from $4.74 billion in 2015 to $8.13 billion in 2020 at an estimated Compound Annual Growth Rate (CAGR) of 11.4% from 2015 to 2020. Cisco (U.S.), IBM (U.S.) and MacAfee (Intel Security) (U.S.), Dell (U.S.), Check Point Software Technologies (U.S.) are some of the key players in the global data center security market.
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