Just Published: "Data Center Security Market - Global Forecast to 2021"

Data Center Security Market by Application Solutions (Logical Security Solutions and Physical Security Solutions), Service (Consulting, Integration and Deployment, and Managed Services), Data Center Type, Vertical, and Region - Global Forecast to 2021

"Increasing data traffic and need for secure connectivity is driving the data center security market"

The data center security market is projected to reach USD 12.91 billion by 2021 at a Compound Annual Growth Rate (CAGR) of 15.36% during 2016-2021. Data traffic is growing exponentially with the growth of big data, analytics and other technological modules. Heavy use of social media, increasing need for connectivity, and high penetration of internet for business and personal use in the last few years have greatly affected the demand for advanced and efficient network and cyber security solutions and services acting as one of the drivers of data center security market.

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"The market in Asia-Pacific (APAC) is expected to witness the highest growth"

The APAC data center security market is expected to witness exponential growth. It is projected to be the fastest-growing region for the global data center security market. This is mainly attributed to the growing number of data centers in this region and the focus of market players to address the demands of highly secured network solutions in the region. On the other hand, Middle East and Africa (MEA) shows great prospects in this space while Latin America is expected to move toward the growth phase in the next five years.

Breakdown of primary research interactions:

To determine and verify the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people. Following are the details:

* By Company Type: Tier 1 (20%), Tier 2 (40%), and Tier 3 (40%)
* By Designation: C-level (25%), Director Level (50%), and Other Executives (25%)
* By Region: North America (25%), Europe (25%), and APAC (50%),

Prominent vendors in the data center security market space include Hewlett Packard Enterprises, International Business Machines (IBM) Corporation, CISCO Systems, Fortinet, Honeywell International, Schneider Electric SE, McAfee, Dell, and Robert Bosch Gmbh among various others. With the rapid development of new technologies, new vendors are emerging in the market with innovative high degree of security solutions.

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