Data-Centric Security Market 2024| By Key Players, Application, Type, Share, and Forecast to 2031

The global data-centric security market is anticipated to grow at a considerable CAGR of around 23.6% during the forecast period (2024-2031). The primary factor that drives the global data-centric security market includes the increase in data breach activities, due to which organizations must compromise sensitive information related to the company. Moreover, growing the usage of well-advanced hacking techniques due to which data-centric security strategies are becoming the norm in the new digital environment. For instance, in February 2022, Security research in collaboration with the US based cybersecurity firm Symatec discovered highly sophisticated hacking tool named Daxin. the attackers invested significant effort into developing communication techniques that can blend in unseen with normal network traffic. However, excessive implementation costs and demands and less enthusiasm for data-centric security approaches in mainstream applications hamper the market growth.

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Moreover, various key players have upgraded their software to protect their data from theft. For instance, in March 2021, Lepide upgraded its data security platform to version 21.1, emphasizing an organization with its unstructured data sets. The new version’s benefits include priority-based scaling, affordable implementation, and unparalleled flexibility. The Lepide data security platform has a completely customizable web interface from which utilizers can generate any number of pre-defined reports instantly, as well as edit, customize or create reports from scratch. Reports can be combined into custom dashboards so that the users can access the most important information, all from a single web page.

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Market Coverage

  • Segment Covered- 

o             By Software & Solutions

o             By Deployment Mode

o             By Organization Size

o             By Verticals

  • Regions Covered-

o             North America

o             Europe

o             Asia-Pacific

o             Rest of the World

  • Competitive Landscape- including Atlan Pte. Ltd., Broadcom Inc., Concentric Software, Inc., Fasoo, Forcepoint, Egnyte, Inc., and others.

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • How COVID-19 impacted the market?

o             Deviation from the pre-COVID-19 forecast

o             Most affected region and segment

  • Who is the leader in the market?
  • How are players addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global Data-Centric Security Market Report Segment

By Software & Solutions

  • Data Discovery & Classification
  • Data Protection
  • Data Governance & Compliance
  • Others (Incl. DLP, And Data Tagging & Watermarking)

By Deployment Mode

  • On-Premises
  • Cloud

By Organization Size

  • Small-Medium Size Enterprises (SMEs)
  • Large Enterprises

By Verticals 

  • BFSI
  • Government & Defense
  • Healthcare & Pharmaceuticals
  • IT & Enterprises
  • Telecommunication

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Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

 

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