According to new research study on Data-Centric Security Market research report provides size, share, trends, analysis report contains all study material about market industry overview, growth, demand and forecast research in all over the world. The report also analyses the competitive structure of the Data-Centric Security and provides the profiles of major players operating in the market. Growth inducing factors, market restraints and recent developments have also been analyzed in the report in order to provide deeper knowledge about the industry.

The Data-Centric Security market size is projected to reach US$ 16,518.1 million by 2028 from US$ 4,510.6 million in 2022. The Data-Centric Security Market share is expected to grow at a CAGR of 24.2% from 2022 to 2028.

Data-centric security includes all technologies that focus on protecting the actual data an organization is entrusted with throughout its data lifecycle, rather than focusing primarily on infrastructure risks, approach, and policy. A data-centric security framework consists of multiple solution layers designed to understand, manage, and protect sensitive data, whether on-premises or in the cloud. Data-centric security model takes data security beyond the traditional infrastructure-focused data security measures that most organizations already have. In recent years, there has been an increasing reliance on digital and cloud computing trends and enterprises to cloud networks for various applications, from data storage and payments to enterprise-wide execution from cloud paths. The business operations are becoming more and more dependent. Hence, the growing reliance on the cloud in the business world led many small businesses to secure data stored/exchanged in the cloud. As a result, investment in data-centric security solutions and services is anticipated to increase in the coming years. Additionally, the rise of cyberattacks made data-centric security solutions essential for organizations to protect their mission-critical data. The global data-centric security market is growing as end-user concerns about data security grow.

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Some of the companies competing in the Data-Centric Security Market:

·         IBM Corporation

·         Broadcom Inc.

·         Informatica

·         Micro Focus International plc

·         NetApp, Inc.

·         Imperva

·         Forcepoint

·         Orange Cyberdefense

·         Talend

·         Varonis Systems

The APAC data-centric security market is anticipated to experience significant growth due to the rising trend of cyberattacks involving malware and ransomware in COVID-19-related context, forcing organizations to adopt cybersecurity solutions as many employees have switched to remote work environments amid lockdown in various countries. Based on the report by Microsoft, between February and May 2021, 19 million phishing and ransomware attacks with a COVID-19-related theme were detected in APAC. Furthermore, increased digital dependence resulting from lockdowns and quarantines has significantly raised cybersecurity and privacy risks in APAC. Based on the MIT technology review survey report, more than 70% of the 600 respondents said their companies have accelerated their digital transformation and increased their investment in cybersecurity during the pandemic.

Advantage of requesting Sample PDF Report Before purchase to know about:

·         To part the breakdown information by districts, type, makers, and applications.

·         To break down and research the worldwide Data-Centric Security status and future figure, including, creation, income, utilization, recorded, and conjecture.

·         To distinguish huge patterns, drivers, impact factors in worldwide and locales.

·         To introduce the key Data-Centric Security makers, creation, income, piece of the pie, and ongoing turn of events.

·         To investigate serious advancements, for example, extensions, arrangements, new item dispatches, and acquisitions on the lookout.

·         To investigate the worldwide and key districts market potential and preferred position, opportunity, and challenge, limitations, and dangers.

MARKET SEGMENTATION

Component - Based Data-Centric Security Market Insights

Data-Centric Security market analysis by component, the Data-Centric Security market is segmented into solution and service. The solution segment accounted for a larger Data-Centric Security Market share in 2021. Data-centric security solutions provide a comprehensive way to protect the company's data compliance and privacy. These solutions apply to data at rest, in transit, and use and involve multiple processes. Data-centric software is more concerned with privacy and security than network, endpoint, and application security. Additionally, the rise of cyberattacks has made data-centric security solutions essential for organizations to protect their mission-critical data. Due to this, several industry players have jumped into the market with customized and AI-integrated solutions. For instance, Informatica offers an AI-driven Data Privacy protection solution that allows organizations to improve their data risk exposure posture to help reduce the impact of data security breaches and internal misuse and meet the stringent requirements of regional and industry privacy. The growing end-user concerns about data security are anticipated to propel Data-Centric Security Market growth.

Organization Size - Based Data-Centric Security Market Insights

Data-Centric Security market analysis by organization size, the Data-Centric Security market is segmented into small and medium enterprises (SMEs) and large enterprises. The large enterprise segment accounted for the largest Data-Centric Security market share in 2021. Organizations with an employee strength of more than 500 are categorized as large enterprises. Large enterprises have their clients across various geographical regions and account for high market shares, technical capabilities, and effective business strategies. These large enterprises are known to invest in innovative technologies to operate their business effectively. With the growing capabilities of data-centric security solutions across various industries, adopting these tools has gained traction over the past few years. Large enterprises utilize various analytical tools, such as data-centric security, to streamline their security effectively. Cyberattacks on large organizations using ransomware are becoming more regular and destructive. Hence, the large enterprise is expected to dominate the data-centric security market over the forecast period due to significant investment.

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This Study Report Offers Following Objectives:

1.       Conjecture and examination of the worldwide Data-Centric Security market deals, share, worth, status and figure 2028.

2.       Break down the local just as nation level portions, share development for Global Data-Centric Security Market.

3.       Investigation of Global Data-Centric Security industry-driving makers/players.

4.       Characterize and investigate the market rivalry scene, SWOT examination.

5.       Estimates and investigation of the portions, sub-sections and the provincial business sectors dependent on last of 5 years market history.

6.       Examination of the Data-Centric Security market by Type, by Application/end clients and district insightful.

7.       Estimate and investigation of the Global Data-Centric Security Market Trends, Drivers, Investment Opportunities, Openings, Risk, Difficulties, and suggestions.

8.       Investigate the critical driving elements, patterns which confine market development.

9.       Portray the partner's chances in the market by recognizing the high development fragments.

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