The global big data security market size reached US$ 22.8 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 76.9 Billion by 2032, exhibiting a growth rate (CAGR) of 14.5% during 2023-2032.
Big data security refers to various measures and tools employed to safeguard data and analytics processes. It protects against cyberattacks, thefts, or other malicious activities that could potentially harm valuable data. It also assists in ensuring the security of transactions and data storage logs, improving the efficiency of systems, enabling convenient resource sharing, and preventing unauthorized access to enhance the safety and performance of the organization. Since cyber threats can lead to financial losses, reputational damage, and operational downtime, big data security has gained prominence among businesses across the globe.
2. What is the expected growth rate of the global big data security market during 2024-2032?
3. What are the key factors driving the global big data security market?
4. What has been the impact of COVID-19 on the global big data security market?
5. What is the breakup of the global big data security market based on the end use industry?
6. What are the key regions in the global big data security market?
7. Who are the key players/companies in the global big data security market?
Big data security refers to various measures and tools employed to safeguard data and analytics processes. It protects against cyberattacks, thefts, or other malicious activities that could potentially harm valuable data. It also assists in ensuring the security of transactions and data storage logs, improving the efficiency of systems, enabling convenient resource sharing, and preventing unauthorized access to enhance the safety and performance of the organization. Since cyber threats can lead to financial losses, reputational damage, and operational downtime, big data security has gained prominence among businesses across the globe.
Big Data Security Market Trends:
Nowadays, various enterprises are using big data analytics tools to improve their business strategies and performance, which increases the risks of cyberattacks. With the rising privacy concerns, there has been widespread adoption of advanced security solutions. Besides this, the recent outbreak of coronavirus disease (COVID-19) has accelerated the adoption of work-from-home (WFH) policies, which, in turn, is escalating the demand for big data security to provide a cyber-safe remote-working environment to employees. Additionally, the growing inclination toward the usage of advanced digital technologies like cloud solutions is strengthening the need for big data security solutions. Furthermore, governments of various nations are introducing stringent regulations for data protection and privacy. This, in confluence with the integration of artificial intelligence (AI) and machine learning (ML) technologies in big data security solutions, is catalyzing the market growth. Moreover, the emerging digitization trend, growing adoption of bring-your-own-device (BYOD) policies, rapid internet penetration, and increasing investments in security solutions are some of the other factors providing a positive market outlook.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global big data security market report, along with forecasts at the global, regional and country level from 2024-2032. The report has categorized the market based on component, deployment mode, organization size, technology and end use industry.Breakup by Component:
- Solution
- Data Discovery and Classification
- Data Authorization and Access
- Data Encryption, Tokenization and Masking
- Data Auditing and Monitoring
- Data Governance and Compliance
- Data Security Analytics
- Data Backup and Recovery
- Services
Breakup by Deployment Mode:
- On-premises
- Cloud-based
Breakup by Organization Size:
- Small and Medium-sized Enterprises
- Large Enterprises
Breakup by Technology:
- Identity and Access Management
- Security Information and Event Management
- Intrusion Detection System
- Unified Threat Management
- Others
Breakup by End Use Industry:
- BFSI
- IT and Telecommunication
- Healthcare and Pharmaceuticals
- Financial and Insurance
- Retail Trade
- Utilities
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
- The competitive landscape of the industry has also been examined along with the profiles of the key players being Amazon Web Services Inc. (Amazon.com Inc.), Check Point Software Technologies Ltd., Cloudera Inc., Fortinet Inc., Google LLC, Hewlett Packard Enterprise Development LP, International Business Machines Corporation, McAfee LLC, Micro Focus International plc, Microsoft Corporation, Oracle Corporation and Thales Group.
Key Questions Answered in This Report
1. What was the size of the global big data security market in 2023?2. What is the expected growth rate of the global big data security market during 2024-2032?
3. What are the key factors driving the global big data security market?
4. What has been the impact of COVID-19 on the global big data security market?
5. What is the breakup of the global big data security market based on the end use industry?
6. What are the key regions in the global big data security market?
7. Who are the key players/companies in the global big data security market?
Table of Contents
1 Preface3 Executive Summary13 Value Chain Analysis15 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Big Data Security Market
6 Market Breakup by Component
7 Market Breakup by Deployment Mode
8 Market Breakup by Organization Size
9 Market Breakup by Technology
10 Market Breakup by End Use Industry
11 Market Breakup by Region
12 SWOT Analysis
14 Porters Five Forces Analysis
16 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Amazon Web Services Inc. (Amazon.com Inc.)
- Check Point Software Technologies Ltd.
- Cloudera Inc.
- Fortinet Inc.
- Google LLC
- Hewlett Packard Enterprise Development LP
- International Business Machines Corporation
- McAfee LLC
- Micro Focus International plc
- Microsoft Corporation
- Oracle Corporation and Thales Group
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 148 |
Published | March 2024 |
Forecast Period | 2023 - 2032 |
Estimated Market Value ( US$ | US$ 22.8 Billion |
Forecasted Market Value ( US$ | US$ 76.9 Billion |
Compound Annual Growth Rate | 14.5% |
Regions Covered | Global |
No. of Companies Mentioned | 11 |