According to a new report, published by KBV research, The Global Data Center Logical Security Market size is expected to reach $44.02 billion by 2031, rising at a market growth of 16.6% CAGR during the forecast period.
The Large segment is leading the Global Data Center Logical Security Market by Data Center Types in 2023; thereby, achieving a market value of $20.03 billion by 2031. Large enterprises handle vast amounts of sensitive data, making them prime cyberattack targets. As a result, they invest heavily in advanced security solutions to protect their data centers. These organizations prioritize comprehensive threat management, compliance, and data protection solutions to ensure the integrity of their operations. The growing adoption of cloud-based services and the increasing focus on regulatory compliance have further driven demand for logical security solutions in this segment.
The Data Protection Solutions segment is anticipating a CAGR of 17% during (2024 - 2031). The growing focus on regulatory compliance and the need to secure sensitive information, including personal data and financial records, have significantly boosted the demand for data protection solutions. These solutions include encryption, data loss prevention (DLP), and backup and recovery systems that help organizations prevent data breaches and ensure business continuity. With the rise of cloud-based data centers and an increasing emphasis on data privacy, the data protection solutions segment is expected to experience steady growth in the coming years.
The Energy & Utilities segment is generating the maximum revenue in the Global Data Center Logical Security Market by Application in 2023; thereby, achieving a market value of $10.8 billion by 2031. This is attributed to the sector’s critical infrastructure, which is increasingly targeted by cyber threats. The growing adoption of smart grids, IoT devices, and cloud-based systems has further heightened the need for robust data center security solutions to protect sensitive data and operational systems from potential breaches and disruptions. This segment's key priorities are ensuring continuous operations and preventing cyberattacks that could lead to power outages. Additionally, compliance with cybersecurity standards in the energy sector has accelerated the deployment of logical security solutions.
The Consulting & Advisory Services segment obtained a CAGR of 17.6% during (2024 - 2031). Businesses increasingly seek expert guidance to assess their security posture, comply with evolving regulations, and implement robust cybersecurity strategies. Consulting services help organizations identify vulnerabilities, design security frameworks, and ensure their data center security aligns with industry best practices. With the growing emphasis on proactive security planning and compliance requirements, the demand for consulting and advisory services is expected to continue rising.
Full Report: https://www.kbvresearch.com/data-center-logical-security-market/
The North America market dominated the Global Data Center Logical Security Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $17,017 million by 2031. The Europe market is expected to witness a CAGR of 16.2% during (2024 - 2031). Additionally, The Asia Pacific market is expected to witness a CAGR of 17.3% during (2024 - 2031).
By Solutions
By Data Center Types
By Application
By Services
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