The global data center security market was US$ 14.9 billion in 2021. The global data center security market is forecast to grow to US$ 51.98 billion by 2030 by growing at a compound annual growth rate (CAGR) of 14.1% during the forecast period from 2022 to 2030.

Data center security includes the physical practices aiming to protect data from cyber-attacks, threats, breaches, and others malware. Datacenter security consists of a set of policies necessary to avoid unauthorized access and manipulation of data.

Factors Influencing the Market

The increasing cases of data leakage will drive the global data center security market forward. In addition, the transformation of the majority of businesses to a cloud-based infrastructure will bring ample growth opportunities for the market.

Data center security is crucial for tackling the situations like cyberattacks. In addition, the growing data traffic and demand for secured connectivity, cloud computing, and virtualization will contribute to the growth of the global data center security market.

Data center security solutions provide various services. It ensures data compliance and privacy and offers data protection through encryption, tokenization, data governance, and masking. Thus, all of these features will propel the growth of the data center security market.

The trending BYOD has surged the demand for an efficient network security system. Thus, large enterprises and SMEs are forecast to boost the adoption of advanced data center security services in order to save data from malware.

The data center security services find their wide applications in various end-use industries, such as automotive, BFSI, information technology, telecom, healthcare, government, defense, media, aerospace, energy, etc. Thus, the wide applications of data center security services will fuel the growth of the market during the study period.

Growing advancements in the industry will help the industry gain traction in the coming years. For instance, Alibaba Cloud, the prominent cloud computing arm of Alibaba Group, unveiled the second data center in Indonesia in January 2019. Such strategies are forecast to boost the growth of the global data center security market during the study period.

COVID-19 Impact Analysis

Due to the COVID-19 pandemic, the global data center security market garnered various growth opportunities. Due to the pandemic, work from home model gained rapid traction. In addition, the use of cloud and digital platforms surged during the pandemic, which ultimately increased the demand for network and perimeter protection. Furthermore, the growing number of launches and partnerships will contribute to the growth of the market even after the pandemic.

Regional Analysis

The Asia-Pacific data center security market is forecast to grow at the fastest growth rate due to the contribution of prominent industry players like Google, Microsoft, Equinix, and Amazon. In addition, industry players are rapidly expanding their brands and businesses to the Asia-Pacific region. Thus, it will benefit the global data center security market. In addition, the growing IT infrastructure will accelerate the growth of the regional market during the study period.

Competitors in the Market

Hewlett Packard Enterprises
International Business Machines (IBM) Corporation
CISCO Systems
Orange S.A.
Broadcom, Inc.
Informatica, LLC
Fortinet
Honeywell International
MacAfee
Dell
Check Point Software Technologies
Other Prominent Players
Market Segmentation

The global data center security market segmentation focuses on Application, Deployment, Services, Data Centers, End-User, and Region.

Based on Application Solution

Physical Security Solutions
Logical Security Solutions
Based on Deployment Mode

On-Premises
Cloud-Based
Based on Services

Consulting
Integration and Deployment
Managed Services
Based on Data Center Types

Large Enterprises
Small and Medium Enterprises
Based on End-User

Automotive
Banking, Financial Services, and Insurance (BFSI)
IT and Telecom
Government and Defense
Healthcare
Media and Entertainment
Aerospace
Energy
Others (Education and Retail)
Based on Region

North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America