Education Data Security Tools Market in the US 2016-2020
- Published: Jun 2016
- Pages: 60
- SKU: IRTNTR9126
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This market research report presents a detailed segmentation of the education data security tools market in the US by product (on-premise data center and cloud-based storage). The leading vendors identified in this market are Cisco, McAfee, Symantec, and Trend Micro.
Overview of the education data security tools market in the US
Technavio’s market research analyst predicts the education data security tools market in the US to grow at a tremendous CAGR of close to 22% over the forecast period. Increasing instances of cyber crime in education institutions is one of the key factors driving the growth of this market in the coming years. Although digital infrastructure supports advanced learning technologies in most education institutions, it makes institutional data vulnerable to cyber attacks. Moreover, in recent times, there has been an increase in the uploading of digital data in the cloud and on-premise platforms. This uploaded data can easily be accessed through LAN and WLAN with the help of numerous personal devices used by thousands of students and can lead to security breaches. To avoid the violation of confidential data, both data center infrastructure and cloud computing platforms need to address security challenges such as APIs, phishing, and identity fraud. Moreover, it is also of prime importance for education institutes to digitize their teaching and learning methods for expansion strategy. In the event of a cyber attack, educational institutes not only lose out on crucial data but also their reputation and credibility. Hence, many vendors and application developers are incorporating security mechanisms to overcome such threats in the future.
In this market research study, the analysts have estimated factors such as the increasing adoption of cloud infrastructure to bolster the growth prospects for this market during the predicted period. Cloud infrastructures are eventually gaining popularity because of reduced ownership costs. However, education institutions are often concerned about the security of devices they use to process and store data. Therefore, schools and colleges are strategically trying to overcome these security concerns to benefit from cloud infrastructures. Many vendors like Trend Micro are providing schools and colleges with a single security solution across physical, virtual, and cloud environments, which includes private, public, and hybrid clouds. Moreover, several cloud providers are partnering with SVM vendors to allow education institutions to evaluate the security posture of the cloud infrastructure they will be utilizing.
Product segmentation and analysis of the education data security tools market in the US
- On-premise data center
- Cloud-based storage
During 2015, the on-premise data center segment dominated the market and accounted for more than 57% of the market share in terms of revenue. Security for on-premise data center servers, applications, network, and data is crucial. With the increasing adoption of WLAN and BYOD policy, access to critical education institutional information has to be secured at the data center level. Therefore, most institutes are increasingly focussing on following components of data center logical security like network security, server and storage security, data loss protection, application security, and virtualization security.
Competitive landscape and key vendors
The education data security tools market in the US has witnessed significant growth in the last few years and offers numerous opportunities for new vendors. The vendors in the region are focussing on product innovation as one of the key strategies to propel their growth in the market.
Key vendors in this market are -
- Trend Micro
Other prominent vendors analyzed in this market research report are IBM, Fortinet, Panda Security, and Sophos.
Key questions answered in the report include
- What will the market size and the growth rate be in 2020?
- What are the key factors driving the education data security tools market in the US?
- What are the key market trends impacting the growth of the education data security tools market in the US?
- What are the challenges to market growth?
- Who are the key vendors in the education data security tools market in the US?
- What are the market opportunities and threats faced by the vendors in the education data security tools market in the US?
- Trending factors influencing the market shares in the US.
- What are the key outcomes of the five forces analysis of the education data security tools market in the US?
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Due to the permeation of technology into the educational sector, education has become more open and collaborative. The incorporation of information technology, or IT, in the educational sector, will help end users to protect information and networks. To help institutions manage and secure their infrastructure, data security tools are being extensively utilized as they help to combine the essential tools needed to support the growing technological demands of academia. Institutes in the educational sector need data security tools to secure e-learning environments for physical, cloud, and virtual platforms, safely manage confidential data and content, protect against endpoint, mail, and web threats, and to automate the deployment, security, and management of mobile devices.
The region-based market research report, education data security tools in the US, is part of Technavio’s education portfolio. This portfolio provides a comprehensive market analysis along with the market share, market sizing, and market segmentations covering areas such as education technology, K12 and higher education, and school and college essentials. These market research reports provide a perspective on the various market opportunities and market threats along with the key trends that would influence the market growth during the forecast period. It presents insights into the changing competitive landscape and a detailed profiling and market analysis of the vendors. Also covered in the research are the key regions or countries that would have an impact on the market during the assessment years.
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.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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