Global Education Data Security Market 2017-2021

Education data security market forecast

As per Technavio's market research analyst, the global education data security market is predicted to grow at a CAGR of nearly 23% during the forecast period. One of the primary drivers for the market is the need for threat protection on mobile and portable devices. Majority of schools are adopting mobile technologies to reduce operational costs, improve student achievements, and empower the faculty. 

One of the latest trends that will gain traction in the market is the wide-ranging security approaches. Realizing the need for cybersecurity systems, institutions are adopting dedicated measures to provide protection against security threats. These cyber security systems provide detective, preventive, and corrective controls to supervise device management, payment environment, data encryption, network infrastructure, network segregation, and real-time monitoring, in turn, providing protection against known and unknown security threats.

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Data security industry: Competitive analysis and key vendors

The presence of numerous multinational vendors has made the global education data security market quite fragmented. The large vendors are expected to acquire small ones to increase their product portfolio and market share. The competitive environment among the market players is intense and an increase in technological innovations, product and service extensions, and M&A will further intensify the level of competition among the vendors in the data security training market. To improve their revenue shares in this competitive environment, vendors have the need to focus on introducing innovative products. Analysts also predict that the international players will grow inorganically in the coming years by acquiring regional or domestic players.

The key vendors in the market are:

• Cisco Systems
• Citrix Systems
• Intel Security
• Symantec
• Trend Micro

Other prominent vendors are IBM, Fortinet, Panda Security, SonicWall, Sophos, and Vormetric.

Education data security market: Segmentation and analysis by deployment method

• On-premise
• Cloud

During 2016, the on-premises education data security market led the market and is predicted to dominate the data security training market over the forecast period. This growth is mainly attributed to the customization options offered by these data security solutions and the advantage of developing unique security systems to institutions. Moreover, the rise in the adoption of security tools and software that are capable of identifying new and old methods of cyber-attacks along with variations in attack vectors will also drive the growth of this market segment.

Education data security industry: Geographical segmentation and analysis

• APAC
• Europe
• North America
• ROW

In terms of geographical regions, North America accounted for the highest market share during 2016 and is predicted to grow further in the next four years. The rising demand for education data security solutions in the region and the awareness about education data security solutions and its benefits are the major factors fueling growth of data security training market in this region. Strong support offered by the US government and the introduction of stringent laws against cases of cyber fraud and attacks have induced institutions to alter their policies against cybercrimes. Furthermore, the rise in cyber-crime that has made it necessary for educational institutions to utilize data security tools in the form of applications and software to secure storage and process critical information, will also drive the demand for security tools in the region.

Key questions answered in the report include

• What will the data security market size and the growth rate be in 2021?
• What are the key factors driving the global education data security market?
• What are the key market trends impacting the global education data security market?
• What are the challenges to market growth?
• Who are the key vendors in the global education data security market?
• What are the market opportunities and threats faced by the vendors in the global education data security market?
• Trending factors influencing the market shares of APAC, Europe, North America, and ROW.
• What are the key outcomes of the five forces analysis of global education data security market?

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