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Data Center Security - Hacking and Data Intrusion events across the world are driving the demand for this solution

Data centers are used for centralizing the IT operations in organizations; further, they assist in the management, storage, and dissemination of organizations data. Data centers include organization’s most critical data and are responsible for continous operations of the organziations. They manage infromation technology systems and back-end data storages of organizaitons. The data centers market has witnessed significant changes over the last few years. Data stored on the data centers is critically important for the growth and integrity of any organization. Thus, businesses and organizations are keenly focusing on installation of security solutions and other physical measures for physical security of data centers. Thus, increasing deployments of the data centers security solutions is one of the major trends observed in the global data centers market. The global data center security market was valued at US$ 4.05 Bn in 2013 and is expected to grow at a CAGR of 12.6% during the forecast period 2014 – 2022. 
 
On the basis of component type, logical components (software), physical components (hardware), and services are the three major types. The logical components of the data center security market include software such as threat and application security, access control and compliance, and data protection. Data center security software provides its users with various benefits such as security monitoring across physical and virtual data centers including real-time file integrity monitoring, configuration monitoring, consolidated event logging, and file and system tamper prevention. Whreras, various types of equipment and hardware such as smoke detectors, surveillance cameras, biometric devices, personal authentication, alarms, and other supporting systems are considered in physical component segment. The services segment of the data center security market include services such as consulting services and managed services. Further, managed services of the data center security market is classified into cloud-based services and on-premise data centers services. 
 
Globalization and rising demand for advanced security solutions from emerging markets in the Asia Pacific and Middle East regions are some of the major factors driving the demand for data centers security. Further, increasing adoption of cloud computing and virtualization services is creating demand for cloud based data center security solutions and services. Increasing percentage of attacks such as distributed denial-of-service (DDoS) attack and rising number of hacking and data intrusion events across the world are driving the demand for advanced data center security solutions. However, availability of low cost substitute solutions and lack of awareness about data center security and solutions are some of the major factors hindering the demand for these solutions. 
 
In 2013, North America was the largest market for data center security solutions and services in terms of revenue while Europe stood second in terms of revenue generation. These regions have experienced significant adoption of data center security solutions due to the presence of large number of traditional data centers and co-location data center service providers. Further, growth of data center security solutions in these regions is attributed to the presence of advanced IT infrastructure. Furthermore, the Asia Pacific region is anticipated to be the fastest growing geographical segment for the data center security market. Strong economic growth in Asian countries such as India, China and Japan, coupled with the increasing demand for big data, storage and analytics are expected to drive the demand for data center security solutions during the forecast period 2014 – 2022. 
 
The global data center security market is led by players such as Cisco Systems, Inc., Symantec Corporation, McAfee, Inc. (Intel Corporation), IBM Corporation, Hewlett-Packard Development Company, L.P., Dell, Inc., Juniper Networks, Inc., Fortinet, Inc., Check Point Software Technologies, Ltd., and Trend Micro, Inc.
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Tags: Center, Data, Market, Security, Share, Size, market

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