Global data center security market: 11% CAGR between 2012-2016

Press Release   •   Feb 26, 2013 10:47 GMT

The Global Data Center Security market is to grow at a CAGR of 10.67 percent over the period 2012-2016. One of the key factors contributing to this market growth is the growing need to protect virtualized equipment. The Global Data Center Security market has also been witnessing the growing adoption of disaster recovery solutions. However, the increasing cost of procuring data center security applications could pose a challenge to the growth of this market.

The growing adoption of disaster recovery solutions is one of the emerging trends in the Global Data Center Security market. The increasing threat to enterprise data and the growing number of cases of data theft are driving enterprises to adopt disaster recovery solutions as a part of data center security. Enterprise data can be accessed over the internet and via handheld devices, which makes the data vulnerable to unauthorized external access. Also, when handheld devices are lost, enterprises need to have centralized access to stop the device from being used to access enterprise content.

Using this access, the data on the handheld device can be erased remotely and other safety measures can be initiated to ensure that the security of the enterprise content is maintained. With the adoption of virtualization, the data are stored centrally in a database and accessed as and when required by end-user applications. Further, databases have automated backup processes, which ensure that a copy of the data is stored in a location from where it can be recovered if there is a data disaster.

The growing need to upgrade high speed network devices is one of the major drivers in the Global Data Center Security market. The technological innovation and increasing network traffic has led the enterprises to invest in network upgradation. In order to prevent unauthorized external access to networks, the companies are increasingly investing in data center security. The security interfaces must be capable of scanning the data being transmitted at high speed and also of delivering optimum network performance without attack from any intrusion or malware. Databases and files which are stored and accessed over the network are prone to intrusion. It is also important for the companies to secure the devices in order to avoid web-based attacks. Increasing data traffic is creating a need for high-speed devices in networks and this is driving the Global Data Center Security market.

The key vendors dominating this market space are Cisco Systems Inc., Fortinet Inc., Juniper Networks Inc., and McAfee Inc. The other vendors mentioned in the report are Checkpoint Systems Inc., IBM Corp., Hewlett-Packard Co., Symantec Corp., Trend Micro Inc., Websense Inc., and Arbor Networks Inc.

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