Data-Centric Security Market is Likely to Increase at a Significantly High CAGR during Forecast Period 2031

The global data-centric security market is anticipated to grow at a considerable CAGR of around 23.6% during the forecast period. 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.

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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Data-Centric Security Market Report Segment by Region

 

North America          

  • United States
  • Canada

Europe

  • Germany
  • United Kingdom
  • France
  • Spain
  • Italy
  • Rest of Europe

Asia-Pacific   

  • China
  • Japan
  • India
  • Rest of Asia-Pacific

Rest of the World

  • Middle East & Africa
  • Latin America

Company Profiles

 

  • Atlan Technologies Pvt. Ltd.
  • Broadcom, Inc.
  • Concentric Solutions Ltd.
  • Egnyte, Inc.
  • Fasoo services
  • Forcepoint LLC
  • HelpSystems
  • IBM Corp.
  • Imperva, Inc.
  • Informatica LLC
  • NetApp, Inc

 

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