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Data Center Security Market Analysis By Application, By Service, and By Solution And Segment Forecasts To 2024LONDON, Sept. 27, 2016 /PRNewswire/ -- The data center security market is expected to reach USD 15.49 billion by 2024, according to a new report by Grand View Research, Inc. Data center security encompasses all the measures taken to encapsulate the data center environment and protect it from intrusion. It needs to be safeguarded against attacks and manipulation at both physical and logical level, subsequently creating a need for a cumulative deployment of security infrastructure. The increasing awareness about the need for security, growing demand from the data center users for an integrated infrastructure, increasing adoption of cloud computing and virtualization, and threat to the stored information due to the rising number of cyber-attacks are expected to propel industry over the forecast period. The ever-changing nature of technology and the growing sophistication of attacks have led to innovations and resource pooling by vendors in the data center security market, which may pave the way for customizable and configurable solutions. As there is a growing need for data center security solutions, the market is expected to foresee adoption in numerous diverse verticals. Further key findings from the report suggest: The gradual shift toward cloud computing as well as cloud storage and networking is bringing out numerous potential vulnerabilities and risks of exposure of important and crucial information. This has awakened the industry to strive for better and advanced security measures at various levels in the data center networks. The growing number of security breaches and the increasing number of attacks on data centers across the world are creating awareness regarding the need of improved security measures, both physical, and logical. Moreover, due to the recent exasperating breaches of the information repositories of large corporations, the necessity of a comprehensive security policy and its execution is in a greater demand. With a growing demand from data center users to safeguard their information and the major initiatives taken by the governments as well as industries to regulate data security and privacy, the industry is expected to grow at a rapid rate over the coming years. Symantec Corporation, Juniper Networks Inc., IBM Corp., Cisco Systems Inc., and Fortinet, Inc. are some of the prominent vendors in the market. The other key vendors include CheckPoint Software Technologies Limited, Dell Inc., Trend Micro Inc., Honeywell International, Citrix Systems, Inc., EMC Corp, McAfee Inc. (Intel Corp.), and Hewlett-Packard Enterprise,among others. Download the full report: https://www.reportbuyer.com/product/4144275/ About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers http://www.reportbuyer.com For more information: To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/data-center-security-market-analysis-by-application-by-service-and-by-solution-and-segment-forecasts-to-2024-300335104.html SOURCE ReportBuyer |