Increasing adoption of Internet of Things, and large data volumes generated by organizations, resulting in need for Big Data security to protect hacking of information is a key factor driving market revenue growth.
Market Size - USD 19.94 Billion in 2020, Market Growth - CAGR of 15.70%, Market Trends - Rising investment in research and development of technologies to offer advanced solutions to organizations
The global big data security market size is expected to reach USD 64.74 Billion in 2028, and register a CAGR of 15.70% during the forecast period. Increasing adoption of smartphones, booming E-commerce sector, and use of various social media platforms globally is resulting in large data volumes that need to be protected from hacking. This is expected to increase need for Big Data security solutions. Sensitive data and information are mostly stored in cloud storage without encrypted protection. This is because constant encryptions and decryptions of large data portions slow down the process, which leads to loss of data. Thus, securing data using appropriate solutions helps protect data from all the encounters.
Increasing adoption of Machine Learning (ML) and Artificial Intelligence (AI) data due to continuous migration of large data volumes including workflows, applications, and other business elements to the cloud, is leading to adoption of Big Data security to protect the information. In addition, Internet-of-Things (IoT)-based devices are contributing to data into cloud-data platforms which are used to leverage analytical insights for organizations. Generating large volume of sensitive data requires security and protection. Thus, in order to help on cloud data generated by IoT devices, organizations are adopting Big Data security, thereby driving market growth.
Some Key Findings From the Report:
For the purpose of this report, the global big data security market is segmented on the basis of technology, deployment model, component, organization size, data type, industry vertical, and region:
Technology Outlook
Component Outlook
Organization Size Outlook
Deployment Model Outlook
Data Type Outlook
Industry Vertical Outlook
Region Outlook
Reasons to Buy the Report
Market Size - USD 19.94 Billion in 2020, Market Growth - CAGR of 15.70%, Market Trends - Rising investment in research and development of technologies to offer advanced solutions to organizations
The global big data security market size is expected to reach USD 64.74 Billion in 2028, and register a CAGR of 15.70% during the forecast period. Increasing adoption of smartphones, booming E-commerce sector, and use of various social media platforms globally is resulting in large data volumes that need to be protected from hacking. This is expected to increase need for Big Data security solutions. Sensitive data and information are mostly stored in cloud storage without encrypted protection. This is because constant encryptions and decryptions of large data portions slow down the process, which leads to loss of data. Thus, securing data using appropriate solutions helps protect data from all the encounters.
Increasing adoption of Machine Learning (ML) and Artificial Intelligence (AI) data due to continuous migration of large data volumes including workflows, applications, and other business elements to the cloud, is leading to adoption of Big Data security to protect the information. In addition, Internet-of-Things (IoT)-based devices are contributing to data into cloud-data platforms which are used to leverage analytical insights for organizations. Generating large volume of sensitive data requires security and protection. Thus, in order to help on cloud data generated by IoT devices, organizations are adopting Big Data security, thereby driving market growth.
Some Key Findings From the Report:
- Among the organization size segments, the large enterprises segment accounted for comparatively larger revenue share in the global market in 2020, owing to availability of capital investments by these firms in data analysis and need for appropriate cyber-security solutions for large volume of data generated by these organizations.
- Among the industry vertical segments, the banking, financial services, and insurance segment accounted for the largest revenue share in 2020, due to rising investments in Big Data analytics in the banking sector to safeguard the customers’ information and currency from hacking. The government and defense segment is expected to register the highest CAGR during the forecast period.
- The Asia Pacific market is expected to register the highest CAGR during the forecast period, due to growing adoption of big data security in various end-use industries to develop a shield against cyber-attacks.
- Key players profiled in the report include IBM Corporation, Symantec Corporation, Check Point Software Technologies Ltd., Microsoft Corporation, Oracle Corporation, Hewlett Packard Enterprise, Centrify Corporation, Cloudera, Inc., Thales E-Security, Hortonworks Inc., Zettaset, Inc., Mcafee, LLC, Pivotal Software, Inc., Imperva, Inc., Amazon Web Services, and Gemalto NV. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
For the purpose of this report, the global big data security market is segmented on the basis of technology, deployment model, component, organization size, data type, industry vertical, and region:
Technology Outlook
- Intrusion Detection System/Intrusion Prevention System (IDS/IPS)
- Identity and Access Management (IAM)
- Security Information and Event Management (SIEM)
- Others
Component Outlook
- Software
- Service
Organization Size Outlook
- Small and Medium-Sized Enterprises
- Large Enterprises
Deployment Model Outlook
- On-premise
- Cloud
Data Type Outlook
- Data-at-rest
- Data-at-use
- Data-in-transit
Industry Vertical Outlook
- Retail and e-Commerce
- Government and defense
- Healthcare and life sciences
- Media and entertainment
- IT and Telecommunications
- Banking, Financial Services, and Insurance
- Others
Region Outlook
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of the Big Data Security Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of all the major players in the Big Data Security Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Table of Contents
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 4. Big Data Security Market Segmentation & Impact Analysis
Chapter 5. Big Data Security Market By Technology Insights & Trends
Chapter 6. Big Data Security Market By Component Insights & Trends
Chapter 7. Big Data Security Market By Organization Size Insights & Trends
Chapter 8. Big Data Security Market By Deployment Model Insights & Trends
Chapter 9. Big Data Security Market By Data Type Insights & Trends
Chapter 10. Big Data Security Market By Industry Vertical Insights & Trends
Chapter 11. Big Data Security Market Regional Outlook
Chapter 12. Competitive Landscape
Chapter 13. Company Profiles
Companies Mentioned
- IBM Corporation
- Symantec Corporation
- Check Point Software Technologies Ltd.
- Microsoft Corporation
- Oracle Corporation
- Hewlett Packard Enterprise
- Centrify Corporation
- Cloudera Inc.
- Thales E-Security
- Hortonworks Inc.
- Zettaset Inc.
- Mcafee LLC
- Pivotal Software Inc.
- Imperva Inc.
- Amazon Web Services
- Gemalto NV.
