The global data-centric security market is anticipated to grow at a considerable CAGR of around 23.6% during the forecast period (2022-2028). 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
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
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
Global Data-Centric Security Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global data-centric security market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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