Rapidly Rising Data Breaches and Upgradation of Software of Security Solutions to bolster the Growth of the Global Data-Centric Security Market

Published: Apr 2022

The global data-centric security market is anticipated to grow at a considerable CAGR of around 23.6% during the forecast period (2022-2028). The primary factor that drives the global data-centric security market includes the increase in data breach activities, due to which organizations must compromise sensitive information related to the company. Moreover, growing the usage of well-advanced hacking techniques due to which data-centric security strategies are becoming the norm in the new digital environment. For instance, in February 2022, Security research in collaboration with the US based cybersecurity firm Symatec discovered highly sophisticated hacking tool named Daxin. the attackers invested significant effort into developing communication techniques that can blend in unseen with normal network traffic. However, excessive implementation costs and demands and less enthusiasm for data-centric security approaches in mainstream applications hamper the market growth.

Browse the full report description of “Global Data-Centric Security Market Size, Share & Trends Analysis Report by Software and Solutions (Data Discovery & Classification, Data Protection, Data Governance and Compliance, and Others), by Deployment Mode (On-Premise and Cloud-Based), by Organization Size (Small-Medium Size Enterprises and Large Enterprises), and by Verticals (BFSI, Government & Defense Healthcare & Pharmaceuticals, IT & Enterprises, and Telecommunication), Forecast (2022-2028)” at https://www.omrglobal.com/industry-reports/data-centric-security-market

Moreover, various key players have upgraded their software to protect their data from theft. For instance, in March 2021, Lepide upgraded its data security platform to version 21.1, emphasizing an organization with its unstructured data sets. The new version's benefits include priority-based scaling, affordable implementation, and unparalleled flexibility. The Lepide data security platform has a completely customizable web interface from which utilizers can generate any number of pre-defined reports instantly, as well as edit, customize or create reports from scratch. Reports can be combined into custom dashboards so that the users can access the most important information, all from a single web page.

Market Coverage

The market number available for – 2021-2028

Base year- 2021

Forecast period- 2022-2028

Segment Covered- 

o By Software & Solutions

o By Deployment Mode

o By Organization Size

o By Verticals

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- including Atlan Pte. Ltd., Broadcom Inc., Concentric Software, Inc., Fasoo, Forcepoint, Egnyte, Inc., and others.

Key questions addressed by the report

What is the market growth rate?

Which segment and region dominate the market in the base year?

Which segment and region will project the fastest growth in the market?

How COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

Who is the leader in the market?

How are players addressing challenges to sustain growth?

Where is the investment opportunity?

Global Data-Centric Security Market Report Segment

By Software & Solutions

  • Data Discovery & Classification
  • Data Protection
  • Data Governance & Compliance
  • Others (Incl. DLP, And Data Tagging & Watermarking)

By Deployment Mode

  • On-Premises
  • Cloud

By Organization Size

  • Small-Medium Size Enterprises (SMEs)
  • Large Enterprises

By Verticals 

  • BFSI
  • Government & Defense
  • Healthcare & Pharmaceuticals
  • IT & Enterprises
  • Telecommunication

Global Data-Centric Security Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa

To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/data-centric-security-market