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Data-Centric Security Market Expected to Reach $7.3 Billion by 2025
Rapidly Growing IoT to Fuel the Growth of the Dcap Market Driving the Growth of Data-Centric Security Market

BriefingWire.com, 12/21/2020 - [FURL=https://www.industryarc.com/Research/Data-centric-Security-Market-Research-500764]Data-Centric Security Market [/FURL] is expected to reach $7.3 billion by 2025 at a CAGR of 23.5% during the forecast period 2020-2025. The demand for data-centric security solutions is expected to be majorly driven by the stringent compliances and regulations pertaining to data-centric security. In addition, data security governance and exploitation of trending technologies such as big data, machine learning, and artificial intelligence are expected to boost the adoption of data-centric security in the forecast period. Moreover, rising investments by companies for innovation in this technology is also analyzed to drive the market in the forecast period 2020-2025.

Key Takeaways

North America dominated the market by a market share of more than 34.5% in 2019, owing to Increasing of cyber-attacks, government data protection regulations, and proliferation of the adoption of cloud-based platforms.

Data-Centric Approach in Retail Sector is growing at a CAGR of 25.2% in the forecast period. Owing to the need to audit and protect critical consumer data stored in databases, files, and cloud.

Data-Centric Security in E-commerce segment is growing at a CAGR of 22.71% in the forecast period. With the increased growth and acceptance across the globe, several companies need to ensure a high-end shopping experience by updating their homepage, current content, trends, and improve search engine optimization to offer their customers better visibility.

Data-Centric Security top 10 companies include IBM, Avepoint, Bluetalon, Dataguise, Datiphy, Imperva, Informatica, Micro Focus, Nextlabs, Oracle, Protegrity among others.

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Data-Centric Security Market Segment Analysis - By Geography

North America dominated the market by a market share of more than 34.5% in 2019, owing to Increasing of cyber-attacks, government data protection regulations, and proliferation of the adoption of cloud-based platforms. Furthermore, organizations have invested significantly in technologies pertaining to data-centric security to gain a competitive advantage and improve the business operations. In 2018, RFA and Seclore has announced Strategic Partnership to Deliver Data-Centric Security to Hedge Funds.

Data-Centric Security Market Segment Analysis Drivers

Rapidly Growing IoT to Fuel the Growth of the Dcap Market

Advancements in Data Centric Security

Market Landscape: Data-Centric Security top 10 companies include IBM, Avepoint, Bluetalon, Dataguise, Datiphy, Imperva, Informatica, Micro Focus, Nextlabs, Oracle, Protegrity among others.

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