LONDON–(BUSINESS WIRE)–Technavio has been monitoring the data center security solutions market and it is poised to grow by USD 5.0 billion during 2020-2024, progressing at a CAGR of over 9% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Frequently Asked Questions-
- What was the value of the data center security solutions market in 2019?
- Technavio says that the value of the market was USD 9.59 billion in 2019 and it is projected to reach USD 14.59 billion by 2024.
- At what rate is the market projected to grow during the forecast period 2020-2024?
- Growing at a CAGR of over 9%, the market growth will accelerate in the forecast period.
- What is the key factor driving the market?
- The growing threat of cyberattacks is one of the key factors driving the market growth.
- Who are the top players in the market?
- Check Point Software Technologies Ltd., Cisco Systems Inc., Honeywell International Inc., Intel Corp., International Business Machines Corp., Johnson Controls International Plc, NortonLifeLock Inc., Robert Bosch GmbH, Siemens AG, and Thales Group are some of the major market participants.
- Which region is expected to hold the highest market share?
- What is the year-over-year growth rate of the global market?
- The year-over-year growth rate for 2020 is estimated at 8.55%.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Check Point Software Technologies Ltd., Cisco Systems Inc., Honeywell International Inc., Intel Corp., International Business Machines Corp., Johnson Controls International Plc, NortonLifeLock Inc., Robert Bosch GmbH, Siemens AG, and Thales Group are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The growing threat of cyberattacks has been instrumental in driving the growth of the market.
Data Center Security Solutions Market 2020-2024: Segmentation
Data Center Security Solutions Market is segmented as below:
-
Type
- Logical Security
- Physical Security
-
Geography
- North America
- APAC
- Europe
- South America
- MEA
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Data Center Security Solutions Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our data center security solutions market report covers the following areas:
- Data Center Security Solutions Market size
- Data Center Security Solutions Market trends
- Data Center Security Solutions Market analysis
This study identifies the growing popularity of software-defined data centers (SDDC) as one of the prime reasons driving the data center security solutions market growth during the next few years.
Data Center Security Solutions Market 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the data center security solutions market, including some of the vendors such as Check Point Software Technologies Ltd., Cisco Systems Inc., Honeywell International Inc., Intel Corp., International Business Machines Corp., Johnson Controls International Plc, NortonLifeLock Inc., Robert Bosch GmbH, Siemens AG, and Thales Group. Backed with competitive intelligence and benchmarking, our research reports on the data center security solutions market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Data Center Security Solutions Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist data center security solutions market growth during the next five years
- Estimation of the data center security solutions market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the data center security solutions market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of data center security solutions market vendors
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Five Force Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Type
- Market segments
- Comparison by Type
- Logical security – Market size and forecast 2019-2024
- Physical security – Market size and forecast 2019-2024
- Market opportunity by Type
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2019-2024
- APAC – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Volume Driver – demand led growth
- Market Challenges
- Market Trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
- Competitive scenario
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Check Point Software Technologies Ltd.
- Cisco Systems Inc.
- Honeywell International Inc.
- Intel Corp.
- International Business Machines Corp.
- Johnson Controls International Plc
- NortonLifeLock Inc.
- Robert Bosch GmbH
- Siemens AG
- Thales Group
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
