Data Security Market by Deployment and Geography - Forecast and Analysis 2021-2025

  • Published: Apr 2021
  • Pages: 120
  • SKU: IRTNTR43478

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The data security market size is expected to grow by USD 2.85 billion and record a CAGR of 14.43% during 2021-2025.

This post-pandemic global data security market report has assessed the shift in consumer behavior and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this data security market analysis report, key drivers such as stringent regulations regarding data protection have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges such as system integration and interoperability issues, which will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.

What will the Data Security Market Size be in 2021?

Data-Security-Market-Market-Size-2020-2025

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Who are the Key Vendors in the Data Security Market?

The data security market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies including:

 

  • Amazon.com Inc.
  • Broadcom Inc.
  • Cisco Systems Inc.
  • Cloudera Inc.
  • HP Inc.
  • International Business Machines Corp.
  • McAfee LLC
  • Microsoft Corp.
  • Oracle Corp.
  • Proofpoint Inc.

 

The data security market is fragmented and the vendors are deploying various growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

This data security market report further entails segmentation by deployment (on-premises and cloud-based) and geography (North America, Europe, APAC, South America, and MEA). View our sample report to gather market insights on the segmentations.

To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post COVID-19 impact on each product and service segment.

 

Which are the Key Regional Markets for Data Security Market?

Data-Security-Market-Market-Share-by-Region-2020-2025

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The report offers an up-to-date analysis of the geographical composition of the market. North America had the largest market share in the data security market in 2021, and the region will offer several growth opportunities to market vendors during the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

33% of the market’s growth will originate from North America during the forecast period. The US is a key market for the data security market in the region. This report provides estimations of the contribution of all regions to the growth of the data security market size.

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

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive data security market growth during the next five years
  • Precise estimation of the data security market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the data security industry across North America, Europe, APAC, 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 security market vendors

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Research Framework

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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The data security market growth will increase by $72.72 billion during 2019-2024.
The data security market is expected to grow at a CAGR of 11.13% during 2019-2024.
Technavio has segmented the data security market by deployment (On-premises and Cloud-based) and geographic (North America, Europe, APAC, South America, and MEA).
Amazon.com Inc., Broadcom Inc., Cisco Systems Inc., Cloudera Inc., Hewlett Packard Enterprise Co., International Business Machines Corp., McAfee LLC, Microsoft Corp., Oracle Corp., Proofpoint Inc. are a few of the key vendors in the data security market.
North America will register the highest growth rate of 37.33% among the other regions. Therefore, the data security market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • UK
  • China
  • Germany
  • Japan
  • France
The key factors driving the data security market growth are:
  • Stringent regulations regarding data protection
The data security market vendors should focus on grabbing business opportunities from the on-premises segment as it accounted for the largest market share in the base year.

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