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Global Data Centre Security Market 2019 Growth Drivers, Investment Opportunity

May 31, 2019 | 230 views

The global data centre security market is expected to grow from USD 7.19 billion in 2018 to USD 19.58 billion by 2026 at a CAGR of 15.61% during the forecast period from 2019-2026. Increasing data traffic and need for secured connectivity, rise in cyber threats, and growing adoption of virtualization and cloud technology are the major trends for the demand of the market. Component segment is divided into solution and services. The solution segment is further divided into logical security and physical security. The logical security segment is further segmented into threat and application security, compliance management, data protection, access control, and others. The physical security segment is further segmented into surveillance solution, monitoring solution, access control, and others. The solution segment is further divided into consulting, integration and deployment, and managed services. The solution segment registered highest market share of 55.31% in 2018 due to growing need for data center security solutions and development of virtualized data centre security solutions.

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