Data Center Security Market 2016 - Global Forecasts to 2021 - Limited IT Budgets, Availability of Low-Cost Substitutes, and Piracy Limiting the $12 Billion Industry - Research and Markets

May 05, 2016, 06:10 ET from Research and Markets

DUBLIN, May 5, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Data Center Security Market by Application Solutions, Service, Data Center Type, Vertical and Region - Global Forecast to 2021" report to their offering. 
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"Increasing data traffic and need for secure connectivity is driving the data center security market" 

The data center security market is projected to reach USD 12.91 billion by 2021 at a Compound Annual Growth Rate (CAGR) of 15.36% during 2016-2021. Data traffic is growing exponentially with the growth of big data, analytics and other technological modules. 

Heavy use of social media, increasing need for connectivity, and high penetration of internet for business and personal use in the last few years have greatly affected the demand for advanced and efficient network and cyber security solutions and services acting as one of the drivers of data center security market. 

"The market in Asia-Pacific (APAC) is expected to witness the highest growth" 

The APAC data center security market is expected to witness exponential growth. It is projected to be the fastest-growing region for the global data center security market. This is mainly attributed to the growing number of data centers in this region and the focus of market players to address the demands of highly secured network solutions in the region. On the other hand, Middle East and Africa (MEA) shows great prospects in this space while Latin America is expected to move toward the growth phase in the next five years. 

Prominent vendors in the data center security market space include Hewlett Packard Enterprises, International Business Machines (IBM) Corporation, CISCO Systems, Fortinet, Honeywell International, Schneider Electric SE, McAfee, Dell, and Robert Bosch Gmbh among various others. With the rapid development of new technologies, new vendors are emerging in the market with innovative high degree of security solutions. 

Key Topics Covered: 

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Data Center Security Market Analysis, By Application Solution

8 Data Center Security Market Analysis, By Service

9 Data Center Security Market Analysis, By Data Center Type

10 Data Center Security Market Analysis, By Vertical

11 Geographic Analysis

12 Competitive Landscape

13 Company Profiles

- Check Point Software Technologies Ltd. 
- Cisco Systems, Inc. 
- Dell, Inc. 
- Fortinet, Inc. 
- Hewlett Packard Enterprise Co. 
- Honeywell International, Inc. 
- International Business Machines Corporation 
- Mcafee, Inc. (Subsidiary of Intel Corp.) 
- Robert Bosch GmbH 
- Schneider Electric SE 

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SOURCE Research and Markets