Data Center Security Market is Developing at 11.4% CAGR to 2020 - U.S. and U.K. Hold the Largest Shares
DALLAS, April 8, 2015 /PRNewswire/ --
Data center security market research discusses the basic views on the competitive landscape, emerging and high-growth segments, high-growth regions, drivers, restraints and opportunities - New Research Available at RnRMarketResearch.com
The global data center security market is estimated to grow at a CAGR of 11.4% from 2015 to 2020. Although the mature markets (such as the U.S. and the U.K.) hold larger shares in the data center security market, the Asia-Pacific region is expected to grow at the highest CAGR of 16.6% during the forecast period. The growth of the data center security market is driven by factors such as high usage of cloud computing, virtualization and increasing security concern of curtail business and personal data. However, factors such as availability of low cost, substitute software solutions and, low awareness of solutions and its benefits, are the factors that are restraining the growth of this market. Moreover, emerging economies such as India, Brazil, Singapore, and China are creating growth opportunities for the data center security market in these regions. Complete report on Data Center Security Market by Solution (Logical Security, Physical Security), by Services (Consulting Services, Managed Services and Professional Services ), by Data Center Types (Mid-Size, Enterprise and Large) and by Region (NA, Europe, APAC, MEA and LA) - Global Forecast to 2020 available at http://www.rnrmarketresearch.com/data-center-security-market-logical-security-ids-ips-ddos-vpn-dns-ssl-dlp-utm-iam-siem-dr-ilm-physical-security-psim-piam-biometrics-hdcctv-video-surveillance-analytics-global-market-report.html .
In data center security market report, the global data center security market has been broadly classified into Solutions, i.e. Logical Security Solutions, Physical Security Solutions. The Services segment is further categorized into Security consulting services, Managed security services and Professional Services. The data center security market has been broadly classified by types of data centers. The Mid-Size data centers market segment is estimated to grow at the high CAGR from 2015 to 2020. Factors such as high technological adoption rate, increasing data security concern, and efficient data access, control and monitoring needs are driving the growth of this market.
The global data center security market is a competitive market with a number of new and established market players with niche technologies. As of 2015, the global data center security market is estimated to be dominated by market players such as Hewlett-Packard, IBM, Mcafee, Dell Inc, Juniper Networks Inc, CISCO Systems Inc, Fortinet Inc, Schnider Electric and Symantec etc. New solution launches and partnerships, agreements, collaborations, and joint ventures are the major strategies adopted by most market players to achieve growth in the data center security market. Order a copy of this report at http://www.rnrmarketresearch.com/contacts/purchase?rname=98834.
Geographically, North America (comprising the U.S. and Canada) is estimated to command the largest share of 37.05 % of the global data center security market in 2015, followed by Asia Pacific. The data center security market in North America is primarily driven by factors such as increasing governmental initiative of data privacy and security, high technological advancements in data centers, and high numbers in usage of cloud and virtualization. However, high availability of low cost, substitute software solutions, low awareness, and budgetary constraints are some of the main issues which are hampering the growth of the data center security market in this region. The Asia-Pacific region is estimated to grow at the highest CAGR of 16.6% from 2015 to 2020. Factors such as increasing numbers of new data center, high technological adoption rates, and increasing requirement and needs of data security in various business verticals are propelling the growth of the data center security market in the Asia-Pacific region. Priced at $4650 for a single user PDF, a discount on this research report can be requested at http://www.rnrmarketresearch.com/contacts/discount?rname=98834 .
From an insight perspective, this research report has focused on various levels of analysis-industry analysis (industry trends, and Porter analysis), analysis of top players, their offered products and services, supply chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging and high-growth segments of the data center security market, high-growth regions, drivers, restraints, and opportunities.
The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help the firms in garnering a greater market, share. Firms purchasing the report could use any one or combination of the below mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for strengthening their market share.
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