According to a new report Global Data-centric Security Market, published by KBV research, The Global Data-centric Security Market size is expected to reach $13 billion by 2027, rising at a market growth of 20.8% CAGR during the forecast period.
The on-premise segment is anticipated to procure the major revenue share over the forecast period. With the help of on-premises deployment type, companies become empowered to gain full control on all the platforms, systems, applications, and data that can be managed and operated by their own IT staff. The on-premises deployment type is the conventional method to execute data-centric security software & solutions over companies.
The Data Discovery & Classification market dominated the Global Data-centric Security Market by Software & Solutions Type 2020, growing at a CAGR of 19.2 % during the forecast period. The Data Protection market is experiencing a CAGR of 19.9% during (2021 - 2027). Additionally, The Data Governance & Compliance market is showcasing highest CAGR of 20.5% during (2021 - 2027).
Region-wise, North America emerged as a leading region in 2020. It is due to the rising cases of cyberattacks, increasing adoption of cloud-based platforms and government data protection regulations. Moreover, companies have putting high investments in technologies related to data-centric security to achieve a competitive advantage and enhance business operations.
Full Report: https://www.kbvresearch.com/data-centric-security-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of IBM Corporation, Broadcom, Inc., Micro Focus International PLC, Orange S.A., NetApp, Inc., Informatica, LLC, Talend S.A., Netwrix Corporation, Forcepoint LLC (Francisco Partners), and Infogix, Inc. (Thoma Bravo LLC)
By Component
By Deployment Type
By Enterprise Size
By End User
By Geography
Companies Profiled
Unique Offerings from KBV Research
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