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Data Center Security Solutions Market by Type and Geography - Forecast and Analysis 2020-2024

Data Center Security Solutions Market by Type and Geography - Forecast and Analysis 2020-2024

Published: Apr 2020 120 Pages SKU: IRTNTR43543

The data center security solutions market size will grow at a CAGR of 9% at an incremental growth of $ 5.0 billion during 2020-2024. The report analyzes the market’s competitive landscape and offers information on several market vendors, including Check Point Software Technologies Ltd., Cisco Systems Inc., Honeywell International Inc., Intel Corp., International Business Machines Corp., Johnson Controls International Plc, NortonLifeLock Inc., Robert Bosch GmbH, Siemens AG, and Thales Group. Also, the report provides a detailed analysis of the market by type (logical security and physical security) and geography (North America, APAC, Europe, South America, and MEA).

What will be the Data Center Security Solutions Market Size in 2020?

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Who are the Major Data Center Security Solution Vendors?

To help clients improve their market position, this data center security solutions market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this data center security solutions market analysis report provides information on upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

The market is fragmented. the Growing threat of cyberattacks will offer immense growth opportunities. However, increasing threat landscape, physical security concerns, and cyberattacks bypassing machine learning and the use of AI in cyberattacks may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • Check Point Software Technologies Ltd.
  • Cisco Systems Inc.
  • Honeywell International Inc.
  • Intel Corp.
  • International Business Machines Corp.
  • Johnson Controls International Plc
  • NortonLifeLock Inc.
  • Robert Bosch GmbH
  • Siemens AG
  • Thales Group

Which are the Key Markets for Data Center Security Solutions?

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The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. North America had the largest market share in the data center security solutions market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The growing popularity of software-defined data centers (SDDC) will significantly influence data center security solutions market growth in this region.

42% of the market’s growth will originate from North America during the forecast period. The US is the key market for data center security solutions in the region. This report provides an accurate prediction of the contribution of all segments to the growth of the data center security solutions market size.

What are the Key Factors Covered in this Data Center Security Solutions Market Report?

  • CAGR of the market during the forecast period 
  • Detailed information on factors that will drive data center security solutions market growth during the next five years
  • Precise estimation of the size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the industry across North America, APAC, Europe, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of data center security solutions market vendors

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Research Methodology

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Frequently Asked Questions

Data Center Security Solutions market growth will increase by 5.00 billion during 2019-2024.

The Data Center Security Solutions market is expected to grow at a CAGR of 8.75% during 2019-2024.

Data Center Security Solutions market is segmented by Type( Logical security, Physical security) Geographic( North America, APAC, Europe, South America, MEA)

Check Point Software Technologies Ltd., Cisco Systems Inc., Honeywell International Inc., Intel Corp., International Business Machines Corp., Johnson Controls International Plc, NortonLifeLock Inc., Robert Bosch GmbH, Siemens AG, Thales Group are a few of the key vendors in the Data Center Security Solutions market.

North America will register the highest growth rate of 41.8% among the other regions. Therefore, the Data Center Security Solutions market in North America is expected to garner significant business opportunities for the vendors during the forecast period.

US, Australia, China, Japan, UK

  • Growing threat of cyberattacks is the driving factor this market.

The Data Center Security Solutions market vendors should focus on grabbing business opportunities from the Logical security segment as it accounted for the largest market share in the base year.