Data security market size to increase by USD 3,866.29 million: North America will account for 33% of market growth - Technavio

NEW YORK, Feb. 1, 2023 /PRNewswire/ -- The data security market by deployment, type and geography - forecast and analysis 2023-2027 report has been published by Technavio. Market growth is estimated to accelerate at a CAGR of 14.8% and register an incremental growth of USD 3,866.29 million during the forecast period. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. Download a PDF sample report

Company profiles

The data security market report includes information on the key products and recent developments of leading vendors, including:

• Amazon.com Inc.: The company offers data security solutions such as AWS Cloud Security.
• Broadcom Inc.: The company offers data security solutions such as CloudSOC CASB.
• Centrify Corp.: The company offers data security solutions such as Delinea Cloud Suite.
• Cisco Systems Inc.: The company offers data security solutions such as Scale Protect with Cisco UCS.
• Cloudera Inc.: The company offers data security solutions such as Cloudera Manager Security.
• Hewlett Packard Enterprise Co.
• Imperva Inc.
• International Business Machines Corp.
• McAfee LLC
• Microsoft Corp.
• To gain access to more vendor profiles available with Technavio, buy the report!

Regional analysis

Based on region, the global data security market is segmented into North America, Europe, APAC, South America, and Middle East and Africa. North America accounted for a major share of the global data security market. Factors such as the availability of advanced IT infrastructure, high frequency of malware attacks, presence of numerous leading vendors, stringent regulatory landscape, and increasing adoption of advanced technologies by organizations are driving the growth of the data security market in North America during the forecast period.

Market dynamics

The growth of the market depends on serval factors, stringent regulations regarding data protection, rising number of cyberattacks, and increasing IT security budget. However, system integration and interoperability issues are hindering market growth.

Competitive analysis

The report includes the competitive analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc. Request a sample

Market Segmentation

• Based on Deployment, the market is segmented into on-premises and cloud-based. The on-premises segment accounted for the largest share of the market in 2022.
• By Geography, the market is classified as North America, Europe, APAC, South America, and Middle East and Africa. North America will have the largest share of the market.

Related Reports:

The big data security market size is expected to increase by USD 20.19 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 15.06%. This report extensively covers market segmentation by deployment (on-premise and cloud-based) and geography (North America, Europe, APAC, South America, and MEA).

The cloud security solutions market size is predicted to surge by USD 8.63 billion from 2021 to 2026 at a CAGR of 15.16%. This report entails market segmentation by end-user (BFSI, healthcare, retail, government, and others), component (cloud IAM, cloud e-mail security, cloud DLP, cloud IDS/IPS, and cloud SIEM), and geography (North America, Europe, APAC, the Middle East and Africa, and South America).

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What are the key data covered in this Data security market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the data security market between 2023 and 2027
• Precise estimation of the data security market size and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the industry across North America, Europe, APAC, South America, and Middle East and Africa.
• Thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of data security market vendors

Data security market Scope

Table of contents:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Deployment
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global data security market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global data security market 2017 - 2021 ($ million)

• 4.2 Deployment Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Deployment Segment 2017 - 2021 ($ million)

• 4.3 Enterprise size Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Enterprise size Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Deployment

• 6.1 Market segments 
• Exhibit 30: Chart on Deployment - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Deployment - Market share 2022-2027 (%)

• 6.2 Comparison by Deployment 
• Exhibit 32: Chart on Comparison by Deployment
• Exhibit 33: Data Table on Comparison by Deployment

• 6.3 On-premises - Market size and forecast 2022-2027
• Exhibit 34: Chart on On-premises - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on On-premises - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on On-premises - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on On-premises - Year-over-year growth 2022-2027 (%)

• 6.4 Cloud-based - Market size and forecast 2022-2027
• Exhibit 38: Chart on Cloud-based - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Cloud-based - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Cloud-based - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Cloud-based - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Deployment 
• Exhibit 42: Market opportunity by Deployment ($ million)

7 Market Segmentation by Type

• 7.1 Market segments 
• Exhibit 43: Chart on Type - Market share 2022-2027 (%)
• Exhibit 44: Data Table on Type - Market share 2022-2027 (%)

• 7.2 Comparison by Type 
• Exhibit 45: Chart on Comparison by Type
• Exhibit 46: Data Table on Comparison by Type

• 7.3 Large enterprise - Market size and forecast 2022-2027
• Exhibit 47: Chart on Large enterprise - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Data Table on Large enterprise - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Chart on Large enterprise - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Large enterprise - Year-over-year growth 2022-2027 (%)

• 7.4 SME - Market size and forecast 2022-2027
• Exhibit 51: Chart on SME - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on SME - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on SME - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on SME - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Type 
• Exhibit 55: Market opportunity by Type ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 57: Chart on Market share by geography 2022-2027 (%)
• Exhibit 58: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 59: Chart on Geographic comparison
• Exhibit 60: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027
• Exhibit 61: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 63: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 64: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 65: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 67: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027
• Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 73: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 81: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027
• Exhibit 85: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 Germany - Market size and forecast 2022-2027
• Exhibit 89: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.11 UK - Market size and forecast 2022-2027
• Exhibit 93: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.12 Japan - Market size and forecast 2022-2027
• Exhibit 97: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 101: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 102: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 103: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 104: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 105: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 106: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 107: Matrix on vendor position and classification

• 12.3 Amazon.com Inc. 
• Exhibit 108: Amazon.com Inc. - Overview
• Exhibit 109: Amazon.com Inc. - Business segments
• Exhibit 110: Amazon.com Inc. - Key news
• Exhibit 111: Amazon.com Inc. - Key offerings
• Exhibit 112: Amazon.com Inc. - Segment focus

• 12.4 Broadcom Inc. 
• Exhibit 113: Broadcom Inc. - Overview
• Exhibit 114: Broadcom Inc. - Business segments
• Exhibit 115: Broadcom Inc. - Key news
• Exhibit 116: Broadcom Inc. - Key offerings
• Exhibit 117: Broadcom Inc. - Segment focus

• 12.5 Centrify Corp. 
• Exhibit 118: Centrify Corp. - Overview
• Exhibit 119: Centrify Corp. - Product / Service
• Exhibit 120: Centrify Corp. - Key offerings

• 12.6 Cisco Systems Inc. 
• Exhibit 121: Cisco Systems Inc. - Overview
• Exhibit 122: Cisco Systems Inc. - Business segments
• Exhibit 123: Cisco Systems Inc. - Key news
• Exhibit 124: Cisco Systems Inc. - Key offerings
• Exhibit 125: Cisco Systems Inc. - Segment focus

• 12.7 Cloudera Inc. 
• Exhibit 126: Cloudera Inc. - Overview
• Exhibit 127: Cloudera Inc. - Business segments
• Exhibit 128: Cloudera Inc. - Key offerings
• Exhibit 129: Cloudera Inc. - Segment focus

• 12.8 Fortinet Inc. 
• Exhibit 130: Fortinet Inc. - Overview
• Exhibit 131: Fortinet Inc. - Product / Service
• Exhibit 132: Fortinet Inc. - Key offerings

• 12.9 Hewlett Packard Enterprise Co. 
• Exhibit 133: Hewlett Packard Enterprise Co. - Overview
• Exhibit 134: Hewlett Packard Enterprise Co. - Business segments
• Exhibit 135: Hewlett Packard Enterprise Co. - Key news
• Exhibit 136: Hewlett Packard Enterprise Co. - Key offerings
• Exhibit 137: Hewlett Packard Enterprise Co. - Segment focus

• 12.10 Imperva Inc. 
• Exhibit 138: Imperva Inc. - Overview
• Exhibit 139: Imperva Inc. - Product / Service
• Exhibit 140: Imperva Inc. - Key offerings

• 12.11 International Business Machines Corp.
• Exhibit 141: International Business Machines Corp. - Overview
• Exhibit 142: International Business Machines Corp. - Business segments
• Exhibit 143: International Business Machines Corp. - Key news
• Exhibit 144: International Business Machines Corp. - Key offerings
• Exhibit 145: International Business Machines Corp. - Segment focus

• 12.12 McAfee LLC 
• Exhibit 146: McAfee LLC - Overview
• Exhibit 147: McAfee LLC - Product / Service
• Exhibit 148: McAfee LLC - Key offerings

• 12.13 Microsoft Corp. 
• Exhibit 149: Microsoft Corp. - Overview
• Exhibit 150: Microsoft Corp. - Business segments
• Exhibit 151: Microsoft Corp. - Key news
• Exhibit 152: Microsoft Corp. - Key offerings
• Exhibit 153: Microsoft Corp. - Segment focus

• 12.14 Oracle Corp. 
• Exhibit 154: Oracle Corp. - Overview
• Exhibit 155: Oracle Corp. - Business segments
• Exhibit 156: Oracle Corp. - Key news
• Exhibit 157: Oracle Corp. - Key offerings
• Exhibit 158: Oracle Corp. - Segment focus

• 12.15 Palo Alto Networks Inc. 
• Exhibit 159: Palo Alto Networks Inc. - Overview
• Exhibit 160: Palo Alto Networks Inc. - Product / Service
• Exhibit 161: Palo Alto Networks Inc. - Key news
• Exhibit 162: Palo Alto Networks Inc. - Key offerings

• 12.16 Proofpoint Inc. 
• Exhibit 163: Proofpoint Inc. - Overview
• Exhibit 164: Proofpoint Inc. - Product / Service
• Exhibit 165: Proofpoint Inc. - Key offerings

• 12.17 Zscaler Inc. 
• Exhibit 166: Zscaler Inc. - Overview
• Exhibit 167: Zscaler Inc. - Product / Service
• Exhibit 168: Zscaler Inc. - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 169: Inclusions checklist
• Exhibit 170: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 171: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 172: Research methodology
• Exhibit 173: Validation techniques employed for market sizing
• Exhibit 174: Information sources

• 13.5 List of abbreviations 
• Exhibit 175: List of abbreviations

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SOURCE Technavio