Data-Centric Security Market by Component (Solutions (Data Protection, Data Governance, Data Auditing) and Services (Professional and Managed)), Organization Size, Deployment Type, Vertical, and Region - Global Forecast to 2022

  • ID: 4435866
  • Report
  • Region: Global
  • 140 Pages
  • Markets and Markets
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The Data-Centric Security Market Size is Expected to Grow from USD 2.06 Billion in 2017 to USD 5.83 Billion by 2022, at a CAGR of 23.1%

FEATURED COMPANIES

  • Avepoint
  • Dataguise
  • IBM
  • Informatica
  • Nextlabs
  • Protegrity
  • MORE

The data-centric security market is expected to grow from USD 2.06 billion in 2017 to USD 5.83 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 23.1% during the forecast period. Major drivers of the data-centric security market are stringent compliance and regulations and impact of data security governance on enterprises. However, major hindrance faced by enterprises while adopting data-centric security solutions and services is the rising concerns pertaining to pirated and open-source data protection software.

The services segment is expected to grow at the highest CAGR during the forecast period. The increasing need to successfully implement data-centric security solutions across enterprises is expected to spur the demand for specialized professionals. Therefore, the services segment is expected to grow at a higher rate in the data-centric security market.

BFSI companies are expanding their offerings to maintain a competitive edge, save costs, and improve the customer experience with value-added services. BFSI is one of the highly regulated verticals which are expected to witness a large-scale adoption of data-centric security solutions and services. data-centric security solutions and services focus on data integrity, data and risk analytics, compliance adherence, data availability, data quality, and data protection in the BFSI vertical.

North America is the largest regional segment of the data-centric security market, due to the presence of a large number of players offering data-centric security solutions. The region is expected to hold the largest market size during the forecast period, as North American organizations are early adopters of data-centric security solutions and services. Furthermore, organizations have invested significantly in technologies pertaining to data-centric security to gain a competitive advantage and improve the business operations. The APAC region is in the initial growth phase. However, it is expected to be the fastest-growing region in the global data-centric security market. The increasing adoption of data-centric security solutions and services in this region is driven by a large number of Small and Medium-sized Enterprises (SMEs) focusing on data-centric security rather than the security of endpoints and networks. This is expected to have a positive impact on the APAC data-centric security market growth.

The breakup of the profiles of the primary participants is given below:

  • By Company: Tier 1 - 55%, Tier 2 - 20%, and Tier 3 - 25%
  • By Designation: C-Level - 60%, D-Level - 25%, and Others - 15%
  • By Region: North America - 35%, Europe - 25%, APAC - 20%, MEA - 10%, and Latin America - 10%

The following key data-centric security providers are profiled in the report:

  • IBM (US)
  • Imperva (US)
  • Informatica (US)
  • Oracle (US)
  • Varonis Systems (US)
  • AvePoint (US)
  • BlueTalon (US)
  • Dataguise (US)
  • Datiphy (US)
  • Micro Focus (UK)
  • NextLabs (US)
  • Protegrity (US)

Research Coverage

The data-centric security market has been segmented on the basis of components (solutions and services), organization sizes, deployment types, verticals, and regions. A detailed analysis of major players in the market has been done to provide key insights into their business overviews, products offerings, key strategies, new product launches, partnerships, agreements and collaborations, business expansions, mergers and acquisitions, and competitive landscape associated with the data-centric security market.

The report will help the market leaders/new entrants in this market in the following ways:

  • This report segments the data-centric security market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the subsegments across different regions.
  • This report will help stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
  • This report will help stakeholders better understand their competitors and gain more insights to enhance their position in the data-centric security market.
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FEATURED COMPANIES

  • Avepoint
  • Dataguise
  • IBM
  • Informatica
  • Nextlabs
  • Protegrity
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Years Considered for the Study
1.5 Currency
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakdown of Primaries
2.1.2.2 Key Industry Insights
2.2 Market Size Estimation
2.3 Research Assumptions
2.4 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Market
4.2 Market Share of Solutions and Top 3 Regions
4.3 Data-Centric Security Market, By Service
4.4 Market By Professional Service
4.5 Market By Deployment Type
4.6 Market By Organization Size
4.7 Market Investment Scenario
4.8 Market By Vertical

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Data Security Governance Driving the Demand for Dcap Solutions
5.2.1.2 Exploitation of Trending Technologies Increasing the Risk of Enterprise Data Breaches
5.2.1.3 Stringent Regulations Driving the Adoption of Dcap Solutions
5.2.2 Restraints
5.2.2.1 Pirated and Open Source Data Protection Software
5.2.2.2 Budget Constraints Affecting the Adoption of the Best-In-Class Dcap Solutions Among SMES
5.2.3 Opportunities
5.2.3.1 Rapidly Growing IoT to Fuel the Growth of the Dcap Market
5.2.3.2 Large-Scale Adoption of Dcap Solutions in Highly Regulated Industry Verticals
5.2.3.3 Increasing Demand for Cloud-Based Data Protection Solutions Among SMES
5.2.4 Challenges
5.2.4.1 Lack of Technical Expertise Among Enterprise Workforce
5.2.4.2 Lack of Awareness About Content-Aware Dcap Security Solutions Among Enterprises
5.3 Regulatory Landscape
5.3.1 Payment Card Industry Data Security Standard
5.3.2 Health Insurance Portability and Accountability Act
5.3.3 Federal Information Security Management Act
5.3.4 Sarbanes–Oxley Act
5.3.5 Gramm–Leach–Bliley Act
5.3.6 Federal Information Processing Standards
5.3.7 General Data Protection Regulation
5.4 Use Cases
5.4.1 Chemical Company’s Reliance on Data-Centric Audit and Protection Vendor for Internal Audit
5.4.2 Adoption of Data-Centric Audit and Protection Solutions By A Government Organization in Canada
5.4.3 Large-Scale Adoption of Data-Centric Audit and Protection Solutions By Manufacturing Companies in North America
5.4.4 Need for the Best-In-Class Data-Centric Audit and Protection Solutions for A Healthcare Organization
5.4.5 Large-Scale Adoption of Data Protection Solution By IT and Telecom Companies
5.4.6 Adoption of Data-Centric Audit and Protection Solutions By the Banking, Financial Services, and Insurance Vertical in the US

6 Data-Centric Security Market, By Component
6.1 Introduction
6.2 Solutions
6.2.1 Data Protection
6.2.2 Data Governance
6.2.3 Data Auditing
6.3 Services
6.3.1 Professional Services
6.3.1.1 Support and Maintenance
6.3.1.2 Training and Education
6.3.1.3 Planning and Consulting
6.3.2 Managed Services

7 Data-Centric Security Market, By Deployment Type
7.1 Introduction
7.2 On-Premises
7.3 Cloud

8 Data-Centric Security Market, By Organization Size
8.1 Introduction
8.2 Large Enterprises
8.3 Small and Medium-Sized Enterprises

9 Data-Centric Security Market, By Vertical
9.1 Introduction
9.2 Banking, Financial Services, and Insurance
9.3 Telecom and IT
9.4 Healthcare
9.5 Government and Defense
9.6 Retail
9.7 Manufacturing
9.8 Energy and Utilities
9.9 Others

10 Data Centric Audit and Protection Market, By Region
10.1 Introduction
10.2 North America
10.3 Europe
10.4 Asia Pacific
10.5 Middle East and Africa
10.6 Latin America

11 Competitive Landscape
11.1 Overview
11.2 Market Standing, By Key Player
11.3 Competitive Situations and Trends
11.3.1 New Product Launches/Product Enhancements
11.3.2 Business Expansions
11.3.3 Partnerships, Agreements, and Collaborations
11.3.4 Mergers and Acquisitions

12 Company Profiles
12.1 Introduction
12.2 IBM
12.3 Imperva
12.4 Informatica
12.5 Oracle
12.6 Varonis Systems
12.7 Avepoint
12.8 Bluetalon
12.9 Dataguise
12.10 Datiphy
12.11 Micro Focus
12.12 Nextlabs
12.13 Protegrity

13 Appendix
13.1 Discussion Guide

List of Tables

Table 1 United States Dollar Exchange Rate, 2014–2016
Table 2 Data-Centric Security Market Size, 2015–2022 (USD Million)
Table 3 Data-Centric Security Market Size, By Component, 2015–2022 (USD Million)
Table 4 Solutions: Market Size, By Region, 2015–2022 (USD Million)
Table 5 Solutions: Market Size, By Type, 2015–2022 (USD Million)
Table 6 Data Protection Market Size, By Region, 2015–2022 (USD Million)
Table 7 Data Governance Market Size, By Region, 2015–2022 (USD Million)
Table 8 Data Auditing Market Size, By Region, 2015–2022 (USD Million)
Table 9 Services: Market Size, By Region, 2015–2022 (USD Million)
Table 10 Services: Market Size, By Type, 2015–2022 (USD Million)
Table 11 Professional Services Market Size, By Region, 2015–2022 (USD Million)
Table 12 Professional Services Market Size, By Type, 2015–2022 (USD Million)
Table 13 Support and Maintenance Market Size, By Region, 2015–2022 (USD Million)
Table 14 Training and Education Market Size, By Region, 2015–2022 (USD Million)
Table 15 Planning and Consulting Market Size, By Region, 2015–2022 (USD Million)
Table 16 Managed Services Market Size, By Region, 2015–2022 (USD Million)
Table 17 Data-Centric Security Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 18 On-Premises: Market Size, By Region, 2015–2022 (USD Million)
Table 19 Cloud: Market Size, By Region, 2015–2022 (USD Million)
Table 20 Data-Centric Security Market Size, By Organization Size, 2015–2022 (USD Million)
Table 21 Large Enterprises: Market Size, By Region, 2015–2022 (USD Million)
Table 22 Small and Medium-Sized Enterprises: Market Size, By Region, 2015–2022 (USD Million)
Table 23 Data-Centric Security Market Size, By Vertical, 2015–2022 (USD Million)
Table 24 Banking, Financial Services, and Insurance: Market Size, By Region, 2015–2022 (USD Million)
Table 25 Telecom and IT: Market Size, By Region, 2015–2022 (USD Million)
Table 26 Healthcare: Market Size, By Region, 2015–2022 (USD Million)
Table 27 Government and Defense: Market Size, By Region, 2015–2022 (USD Million)
Table 28 Retail: Market Size, By Region, 2015–2022 (USD Million)
Table 29 Manufacturing: Market Size, By Region, 2015–2022 (USD Million)
Table 30 Energy and Utilities: Market Size, By Region, 2015–2022 (USD Million)
Table 31 Others: Market Size, By Region, 2015–2022 (USD Million)
Table 32 Data-Centric Security Market Size, By Region, 2015–2022 (USD Million)
Table 33 North America: Market Size, By Component, 2015–2022 (USD Million)
Table 34 North America: Market Size, By Solution, 2015–2022 (USD Million
Table 35 North America: Market Size, By Service, 2015–2022 (USD Million)
Table 36 North America: Market Size, By Professional Service, 2015–2022 (USD Million)
Table 37 North America: Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 38 North America: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 39 North America: Data-Centric Security Market Size, By Vertical, 2015–2022 (USD Million)
Table 40 Europe: Market Size, By Component, 2015–2022 (USD Million)
Table 41 Europe: Market Size, By Solution, 2015–2022 (USD Million)
Table 42 Europe: Market Size, By Service, 2015–2022 (USD Million)
Table 43 Europe: Market Size, By Professional Service, 2015–2022 (USD Million)
Table 44 Europe: Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 45 Europe: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 46 Europe: Data-Centric Security Market Size, By Vertical, 2015–2022 (USD Million)
Table 47 Asia Pacific: Market Size, By Component, 2015–2022 (USD Million)
Table 48 Asia Pacific: Market Size, By Solution, 2015–2022 (USD Million)
Table 49 Asia Pacific: Market Size, By Service, 2015–2022 (USD Million)
Table 50 Asia Pacific: Market Size, By Professional Service, 2015–2022 (USD Million)
Table 51 Asia Pacific: Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 52 Asia Pacific: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 53 Asia Pacific: Market Size, By Vertical, 2015–2022 (USD Million)
Table 54 Middle East and Africa: Data-Centric Security Market Size, By Component, 2015–2022 (USD Million)
Table 55 Middle East and Africa: Market Size, By Solution, 2015–2022 (USD Million)
Table 56 Middle East and Africa: Market Size, By Service, 2015–2022 (USD Million)
Table 57 Middle East and Africa: Market Size, By Professional Service, 2015–2022 (USD Million)
Table 58 Middle East and Africa: Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 59 Middle East and Africa: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 60 Middle East and Africa: Market Size, By Vertical, 2015–2022 (USD Million)
Table 61 Latin America: Data-Centric Security Market Size, By Component, 2015–2022 (USD Million)
Table 62 Latin America: Market Size, By Solution, 2015–2022 (USD Million)
Table 63 Latin America: Market Size, By Service, 2015–2022 (USD Million)
Table 64 Latin America: Market Size, By Professional Service, 2015–2022 (USD Million)
Table 65 Latin America: Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 66 Latin America: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 67 Latin America: Data-Centric Security Market Size, By Vertical, 2015–2022 (USD Million)
Table 68 Market: Market Standing, 2017
Table 69 New Product Launches/Product Enhancements, 2017
Table 70 Business Expansions, 2016–2017
Table 71 Partnerships, Agreements, and Collaborations, 2017
Table 72 Mergers and Acquisitions, 2016–2017

List of Figures

Figure 1 Data-Centric Security Market: Market Segmentation
Figure 2 Data-Centric Security Market: Research Design
Figure 3 Breakdown of Primary Interviews: By Company, Designation, and Region
Figure 4 Data Triangulation
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Data-Centric Security Market: Assumptions
Figure 8 Data-Centric Security Market Size, By Component (2017 vs 2022)
Figure 9 North America is Estimated to Hold the Largest Market Share in 2017
Figure 10 Top 3 Revenue Segments of the Data-Centric Security Market
Figure 11 Need for Complying With Stringent Regulations is Expected to Drive the Data-Centric Security Market
Figure 12 Data Protection and North America are Expected to Have the Largest Market Shares in 2017
Figure 13 Professional Services Segment is Expected to Hold A Larger Market Share During the Forecast Period
Figure 14 Support and Maintenance Services Segment is Estimated to Hold the Largest Market Share in 2017
Figure 15 Cloud Deployment Type is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 16 Small and Medium-Sized Enterprises Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 17 Asia Pacific is Expected to Emerge as the Best Market for Investment Over the Next 5 Years
Figure 18 Banking, Financial Services, and Insurance Vertical is Projected to Dominate the Market Throughout the Forecast Period
Figure 19 Data-Centric Security Market: Drivers, Restraints, Opportunities, and Challenges
Figure 20 Top Countries of Origin of Mirai Distributed Denial of Service Attacks
Figure 21 Services Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 22 Data Protection Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 23 Managed Services Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 24 Training and Education Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 25 Cloud Deployment Type is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 26 Small and Medium-Sized Enterprises Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 27 Retail Vertical is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 28 Asia Pacific is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 29 North America: Market Snapshot
Figure 30 Asia Pacific: Market Snapshot
Figure 31 Key Developments By Leading Players in the Data-Centric Security Market, 2015–2017
Figure 32 Geographic Revenue Mix of Top Players
Figure 33 IBM: Company Snapshot
Figure 34 IBM: SWOT Analysis
Figure 35 Imperva: Company Snapshot
Figure 36 Imperva: SWOT Analysis
Figure 37 Informatica: SWOT Analysis
Figure 38 Oracle: Company Snapshot
Figure 39 Oracle: SWOT Analysis
Figure 40 Varonis Systems: Company Snapshot
Figure 41 Varonis Systems: SWOT Analysis
Figure 42 Micro Focus: Company Snapshot

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FEATURED COMPANIES

  • Avepoint
  • Dataguise
  • IBM
  • Informatica
  • Nextlabs
  • Protegrity
  • MORE

The data-centric security market size is expected to grow from USD 2.06 Billion in 2017 to USD 5.83 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 23.1% during the forecast period. The demand for data-centric security solutions and services is expected to be driven by many factors, such as data security governance, exploitation of trending technologies for enterprise data breaches, and stringent government regulations.

The data-centric security market has been segmented on the basis of components, organization sizes, verticals, and regions. Among the components, the services segment is expected to grow at a higher CAGR during the forecast period and the solutions segment is estimated to have the largest market size in 2017. Data-Centric Security solutions and services aid in data auditing, monitoring and reporting, data governance, and data protection. Data protection measures such as encryption, masking, tokenization, anonymization, and pseudonymization aid in safeguarding structured and unstructured data in transit, data in rest, and data in process.

The large enterprises segment is expected to hold a larger market size during the forecast period. Large enterprises have been operating in a highly saturated market, wherein, they are left behind with limited growth opportunities. As these enterprises have various types of IT infrastructure, they face the difficult task of effectively managing the security of data on-premises and in the cloud. Different teams working in silos, such as file systems, database, SaaS, and IaaS, require different security and auditing measures. An increasing need for centralized policy management based on rules-provided data governance is expected to fuel the growth of the data-centric security market.

North America is estimated to have the largest market share in 2017, whereas the Asia-Pacific (APAC) region is projected to grow at the highest CAGR during the forecast period in the data-centric security market. Increasing of cyber-attacks, government data protection regulations, and proliferation of the adoption of cloud-based platforms are expected to drive the demand for data-centric security solutions and services, globally.

The adoption of data-centric security solutions and services is expected to increase, owing to the rapid growth of cloud adoption, regulatory compliances, data governance, and data protection. However, major issues faced by enterprises while adopting data-centric security solutions and services are enterprise budgetary concerns, lack of context-aware data-centric security solutions, and the lack of technical expertise among enterprise workforce.

Major vendors providing data-centric security solutions and services are IBM (New York, US), Imperva (California, US), Informatica (California, US), Oracle (California, US), Varonis Systems (New York, US), AvePoint (New Jersey, US), BlueTalon (California, US), Dataguise (California, US), Datiphy (California, US), Micro Focus (Berkshire, UK), NextLabs (California, US), and Protegrity (Connecticut, US). These players have adopted various strategies, such as new product developments; partnerships, agreements, and collaborations; mergers and acquisitions; and business expansions to expand their presence in the global data-centric security market.

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  • Avepoint
  • Bluetalon
  • Dataguise
  • Datiphy
  • IBM
  • Imperva
  • Informatica
  • Micro Focus
  • Nextlabs
  • Oracle
  • Protegrity
  • Varonis Systems
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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