DUBLIN--(BUSINESS WIRE)--The "Big Data Security Market Size, Share & Overview, By Technology, By Component, By Data Type, By Organization Size, By Deployment Model, By Industry Vertical, And Region, Forecast To 2028" report has been added to ResearchAndMarkets.com's offering.
The global big data security market size is expected to reach USD 64.74 Billion in 2028, and register a CAGR of 15.70% during the forecast period.
Increasing adoption of smartphones, booming E-commerce sector, and use of various social media platforms globally is resulting in large data volumes that need to be protected from hacking. This is expected to increase need for Big Data security solutions. Sensitive data and information are mostly stored in cloud storage without encrypted protection. This is because constant encryptions and decryptions of large data portions slow down the process, which leads to loss of data. Thus, securing data using appropriate solutions helps protect data from all the encounters.
Increasing adoption of Machine Learning (ML) and Artificial Intelligence (AI) data due to continuous migration of large data volumes including workflows, applications, and other business elements to the cloud, is leading to adoption of Big Data security to protect the information. In addition, Internet-of-Things (IoT)-based devices are contributing to data into cloud-data platforms which are used to leverage analytical insights for organizations. Generating large volume of sensitive data requires security and protection. Thus, in order to help on cloud data generated by IoT devices, organizations are adopting Big Data security, thereby driving market growth.
Companies Mentioned
- IBM Corporation
- Symantec Corporation
- Check Point Software Technologies Ltd.
- Microsoft Corporation
- Oracle Corporation
- Hewlett Packard Enterprise
- Centrify Corporation
- Cloudera Inc.
- Thales E-Security
- Hortonworks Inc.
- Zettaset Inc.
- Mcafee LLC
- Pivotal Software Inc.
- Imperva Inc.
- Amazon Web Services
- Gemalto NV
Some Key Findings From the Report:
- Among the organization size segments, the large enterprises segment accounted for comparatively larger revenue share in the global market in 2020, owing to availability of capital investments by these firms in data analysis and need for appropriate cyber-security solutions for large volume of data generated by these organizations.
- Among the industry vertical segments, the banking, financial services, and insurance segment accounted for the largest revenue share in 2020, due to rising investments in Big Data analytics in the banking sector to safeguard the customers' information and currency from hacking. The government and defense segment is expected to register the highest CAGR during the forecast period.
- The Asia Pacific market is expected to register the highest CAGR during the forecast period, due to growing adoption of big data security in various end-use industries to develop a shield against cyber-attacks.
Reasons to Buy the Report
- A robust analysis and estimation of the Big Data Security Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of all the major players in the Big Data Security Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Key Topics Covered:
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 3. Indicative Metrics
Chapter 4. Big Data Security Market Segmentation & Impact Analysis
4.1. Big Data Security Market Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing trend towards outsourcing services
4.2.2.2. Popularity of BYOD services
4.2.2.3. Extensive adoption of smartphones, e-commerce, and social media
4.2.2.4. Penetration of the internet
4.2.2.5. Increasing cases of data breaches
4.2.2.6. Emergence of massive amounts of data
4.2.3. Market restraints analysis
4.2.3.1. Lack of availability of expert professionals
4.2.3.2. Lack of awareness
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter's Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
Chapter 5. Big Data Security Market By Technology Insights & Trends
Chapter 6. Big Data Security Market By Component Insights & Trends
Chapter 7. Big Data Security Market By Organization Size Insights & Trends
Chapter 8. Big Data Security Market By Deployment Model Insights & Trends
Chapter 9. Big Data Security Market By Data Type Insights & Trends
Chapter 10. Big Data Security Market By Industry Vertical Insights & Trends
Chapter 11. Big Data Security Market Regional Outlook
Chapter 12. Competitive Landscape
Chapter 13. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/25jjm3
