Data-Centric Security Market by Component (Solutions (Data Protection, Data Governance, Data Auditing) and Services (Professional and Managed)), Organization Size, Deployment Type, Vertical, and Region - Global Forecast to 2022

The global data-centric security market size is expected to grow from USD 1.79 Billion in 2016 to USD 5.83 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 23.1% during the forecast period. The base year considered for this study is 2016, and the forecast period is 2017–2022. The increasing risk on enterprise data due to exploitation of big data analytics, machine learning, and artificial intelligence is one of the major factors fueling the growth of the global data market.

Objectives of the Study

• To define, describe, and forecast the market by components (solutions and services), organization sizes, deployment types, verticals, and regions
• To provide detailed information about the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market
• To analyze the micromarkets with respect to individual growth trends, prospects, and contributions to the total market
• To analyze market opportunities for stakeholders by identifying high-growth segments of the data-centric security market
• To forecast segments’ market size with respect to the 5 main regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America
• To profile key players of the market and comprehensively analyze their market size and core competencies
• To track and analyze competitive developments, such as new product launches; mergers and acquisitions; and partnerships, agreements, and collaborations, in the global market

The research methodology used to estimate and forecast the data-centric security market began with the capturing of data on the revenues of key vendors through secondary sources, such as annual reports; press releases; associations and consortiums, such as the IEEE Cyber Security Community; Information Security Research Association (ISRA); Information Systems Security Association (ISSA); RSA Security; the SysAdmin, Audit, Network, and Security (SANS) Institute; SC Magazine; and Cloud Security Alliance (CSA); databases such as Factiva, D&B Hoovers, and Bloomberg BusinessWeek; company websites; and news articles. Vendor offerings were also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall market size of the global market from the revenues of key players in the market. After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key people, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all the segments. The breakdown of the primary profiles is depicted in the below figure:

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The data-centric security market ecosystem includes several data-centric security providers, such as IBM (US), Imperva (US), Informatica (US), Oracle (US), and Varonis Systems (US). Other stakeholders include cybersecurity vendors, cloud security vendors, Independent Software Vendors (ISVs), system integrators, consulting companies, and enterprise customers.

Key Target Audience

• Data-Centric Security solution providers
• Data protection vendors
• Data governance vendors
• Security solution vendors
• Cloud security providers
• ISVs
• System integrators
• Research organizations
• Consulting companies
• Government agencies

 “The research study answers several questions for the stakeholders, primarily which market segments to focus on in the next 2 to 5 years, for prioritizing the efforts and investments.”

Scope of the Report

The research report categorizes the data-centric security market to forecast the revenues and analyze the trends in each of the following submarkets:

By Component

• Solutions
  • Data protection
  • Data governance
  • Data auditing
• Services
  • Professional services
    • Support and maintenance
    • Training and education
    • Planning and consulting
  • Managed services

By Organization Size

• Large enterprises
• Small and Medium-sized Enterprises (SMEs)

By Deployment Type

• On-premises
• Cloud

By Vertical

• Banking, Financial Services, and Insurance (BFSI)
• Telecom and IT
• Healthcare
• Government and defense
• Retail
• Manufacturing
• Energy and utilities
• Others (travel and hospitality, education, and media and entertainment)

By Region

• North America
• Europe
• APAC
• MEA
• Latin America

Available Customizations

With the given market data, MarketsandMarkets offers customizations based on the company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to 5)

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
    1.4 Years Considered for the Study
    1.5 Currency
    1.6 Stakeholders

2 Research Methodology (Page No. - 17)
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
                    2.1.2.1 Breakdown of Primaries
                    2.1.2.2 Key Industry Insights
    2.2 Market Size Estimation
    2.3 Research Assumptions
    2.4 Limitations

3 Executive Summary (Page No. - 24)

4 Premium Insights (Page No. - 28)
    4.1 Attractive Market Opportunities in the Market
    4.2 Market Share of Solutions and Top 3 Regions
    4.3 Data-Centric Security Market, By Service
    4.4 Market By Professional Service
    4.5 Market By Deployment Type
    4.6 Market By Organization Size
    4.7 Market Investment Scenario
    4.8 Market By Vertical

5 Market Overview (Page No. - 33)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Data Security Governance Driving the Demand for Dcap Solutions
                    5.2.1.2 Exploitation of Trending Technologies Increasing the Risk of Enterprise Data Breaches
                    5.2.1.3 Stringent Regulations Driving the Adoption of Dcap Solutions
           5.2.2 Restraints
                    5.2.2.1 Pirated and Open Source Data Protection Software
                    5.2.2.2 Budget Constraints Affecting the Adoption of the Best-In-Class Dcap Solutions Among SMES
           5.2.3 Opportunities
                    5.2.3.1 Rapidly Growing IoT to Fuel the Growth of the Dcap Market
                    5.2.3.2 Large-Scale Adoption of Dcap Solutions in Highly Regulated Industry Verticals
                    5.2.3.3 Increasing Demand for Cloud-Based Data Protection Solutions Among SMES
           5.2.4 Challenges
                    5.2.4.1 Lack of Technical Expertise Among Enterprise Workforce
                    5.2.4.2 Lack of Awareness About Content-Aware Dcap Security Solutions Among Enterprises
    5.3 Regulatory Landscape
           5.3.1 Payment Card Industry Data Security Standard
           5.3.2 Health Insurance Portability and Accountability Act
           5.3.3 Federal Information Security Management Act
           5.3.4 Sarbanes–Oxley Act
           5.3.5 Gramm–Leach–Bliley Act
           5.3.6 Federal Information Processing Standards
           5.3.7 General Data Protection Regulation
    5.4 Use Cases
           5.4.1 Chemical Company’s Reliance on Data-Centric Audit and Protection Vendor for Internal Audit
           5.4.2 Adoption of Data-Centric Audit and Protection Solutions By A Government Organization in Canada
           5.4.3 Large-Scale Adoption of Data-Centric Audit and Protection Solutions By Manufacturing Companies in North America
           5.4.4 Need for the Best-In-Class Data-Centric Audit and Protection Solutions for A Healthcare Organization
           5.4.5 Large-Scale Adoption of Data Protection Solution By IT and Telecom Companies
           5.4.6 Adoption of Data-Centric Audit and Protection Solutions By the Banking, Financial Services, and Insurance Vertical in the US

6 Data-Centric Security Market, By Component (Page No. - 44)
    6.1 Introduction
    6.2 Solutions
           6.2.1 Data Protection
           6.2.2 Data Governance
           6.2.3 Data Auditing
    6.3 Services
           6.3.1 Professional Services
                    6.3.1.1 Support and Maintenance
                    6.3.1.2 Training and Education
                    6.3.1.3 Planning and Consulting
           6.3.2 Managed Services

7 Data-Centric Security Market, By Deployment Type (Page No. - 57)
    7.1 Introduction
    7.2 On-Premises
    7.3 Cloud

8 Data-Centric Security Market, By Organization Size (Page No. - 61)
    8.1 Introduction
    8.2 Large Enterprises
    8.3 Small and Medium-Sized Enterprises

9 Data-Centric Security Market, By Vertical (Page No. - 65)
    9.1 Introduction
    9.2 Banking, Financial Services, and Insurance
    9.3 Telecom and IT
    9.4 Healthcare
    9.5 Government and Defense
    9.6 Retail
    9.7 Manufacturing
    9.8 Energy and Utilities
    9.9 Others

10 Data Centric Audit and Protection Market, By Region (Page No. - 75)
     10.1 Introduction
     10.2 North America
     10.3 Europe
     10.4 Asia Pacific
     10.5 Middle East and Africa
     10.6 Latin America

11 Competitive Landscape (Page No. - 93)
     11.1 Overview
     11.2 Market Standing, By Key Player
     11.3 Competitive Situations and Trends
             11.3.1 New Product Launches/Product Enhancements
             11.3.2 Business Expansions
             11.3.3 Partnerships, Agreements, and Collaborations
             11.3.4 Mergers and Acquisitions

12 Company Profiles (Page No. - 98)
     12.1 Introduction
     12.2 IBM
(Business Overview, Products and Services Offered, Recent Developments, SWOT Analysis, and MnM View)
     12.3 Imperva
     12.4 Informatica
     12.5 Oracle
     12.6 Varonis Systems
     12.7 Avepoint
     12.8 Bluetalon
     12.9 Dataguise
     12.10 Datiphy
     12.11 Micro Focus
     12.12 Nextlabs
     12.13 Protegrity

*Details on Business Overview, Products and Services Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 131)
     13.1 Discussion Guide
     13.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.3 Introducing RT: Real-Time Market Intelligence
     13.4 Available Customizations
     13.5 Related Reports
     13.6 Author Details

List of Tables (72 Tables)

Table 1 United States Dollar Exchange Rate, 2014–2016
Table 2 Data-Centric Security Market Size, 2015–2022 (USD Million)
Table 3 Market Size, By Component, 2015–2022 (USD Million)
Table 4 Solutions: Market Size, By Region, 2015–2022 (USD Million)
Table 5 Solutions: Market Size, By Type, 2015–2022 (USD Million)
Table 6 Data Protection Market Size, By Region, 2015–2022 (USD Million)
Table 7 Data Governance Market Size, By Region, 2015–2022 (USD Million)
Table 8 Data Auditing Market Size, By Region, 2015–2022 (USD Million)
Table 9 Services: Market Size, By Region, 2015–2022 (USD Million)
Table 10 Services: Market Size, By Type, 2015–2022 (USD Million)
Table 11 Professional Services Market Size, By Region, 2015–2022 (USD Million)
Table 12 Professional Services Market Size, By Type, 2015–2022 (USD Million)
Table 13 Support and Maintenance Market Size, By Region, 2015–2022 (USD Million)
Table 14 Training and Education Market Size, By Region, 2015–2022 (USD Million)
Table 15 Planning and Consulting Market Size, By Region, 2015–2022 (USD Million)
Table 16 Managed Services Market Size, By Region, 2015–2022 (USD Million)
Table 17 Data-Centric Security Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 18 On-Premises: Market Size, By Region, 2015–2022 (USD Million)
Table 19 Cloud: Market Size, By Region, 2015–2022 (USD Million)
Table 20 Market Size, By Organization Size, 2015–2022 (USD Million)
Table 21 Large Enterprises: Market Size, By Region, 2015–2022 (USD Million)
Table 22 Small and Medium-Sized Enterprises: Market Size, By Region, 2015–2022 (USD Million)
Table 23 Data-Centric Security Market Size, By Vertical, 2015–2022 (USD Million)
Table 24 Banking, Financial Services, and Insurance: Market Size, By Region, 2015–2022 (USD Million)
Table 25 Telecom and IT: Market Size, By Region, 2015–2022 (USD Million)
Table 26 Healthcare: Market Size, By Region, 2015–2022 (USD Million)
Table 27 Government and Defense: Market Size, By Region, 2015–2022 (USD Million)
Table 28 Retail: Market Size, By Region, 2015–2022 (USD Million)
Table 29 Manufacturing: Market Size, By Region, 2015–2022 (USD Million)
Table 30 Energy and Utilities: Market Size, By Region, 2015–2022 (USD Million)
Table 31 Others: Market Size, By Region, 2015–2022 (USD Million)
Table 32 Data-Centric Security Market Size, By Region, 2015–2022 (USD Million)
Table 33 North America: Market Size, By Component, 2015–2022 (USD Million)
Table 34 North America: Market Size, By Solution, 2015–2022 (USD Million
Table 35 North America: Market Size, By Service, 2015–2022 (USD Million)
Table 36 North America: Market Size, By Professional Service, 2015–2022 (USD Million)
Table 37 North America: Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 38 North America: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 39 North America: Data-Centric Security Market Size, By Vertical, 2015–2022 (USD Million)
Table 40 Europe: Market Size, By Component, 2015–2022 (USD Million)
Table 41 Europe: Market Size, By Solution, 2015–2022 (USD Million)
Table 42 Europe: Market Size, By Service, 2015–2022 (USD Million)
Table 43 Europe: Market Size, By Professional Service, 2015–2022 (USD Million)
Table 44 Europe: Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 45 Europe: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 46 Europe: Data-Centric Security Market Size, By Vertical, 2015–2022 (USD Million)
Table 47 Asia Pacific: Market Size, By Component, 2015–2022 (USD Million)
Table 48 Asia Pacific: Market Size, By Solution, 2015–2022 (USD Million)
Table 49 Asia Pacific: Market Size, By Service, 2015–2022 (USD Million)
Table 50 Asia Pacific: Market Size, By Professional Service, 2015–2022 (USD Million)
Table 51 Asia Pacific: Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 52 Asia Pacific: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 53 Asia Pacific: Market Size, By Vertical, 2015–2022 (USD Million)
Table 54 Middle East and Africa: Data-Centric Security Market Size, By Component, 2015–2022 (USD Million)
Table 55 Middle East and Africa: Market Size, By Solution, 2015–2022 (USD Million)
Table 56 Middle East and Africa: Market Size, By Service, 2015–2022 (USD Million)
Table 57 Middle East and Africa: Market Size, By Professional Service, 2015–2022 (USD Million)
Table 58 Middle East and Africa: Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 59 Middle East and Africa: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 60 Middle East and Africa: Market Size, By Vertical, 2015–2022 (USD Million)
Table 61 Latin America: Data-Centric Security Market Size, By Component, 2015–2022 (USD Million)
Table 62 Latin America: Market Size, By Solution, 2015–2022 (USD Million)
Table 63 Latin America: Market Size, By Service, 2015–2022 (USD Million)
Table 64 Latin America: Market Size, By Professional Service, 2015–2022 (USD Million)
Table 65 Latin America: Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 66 Latin America: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 67 Latin America: Data-Centric Security Market Size, By Vertical, 2015–2022 (USD Million)
Table 68 Market: Market Standing, 2017
Table 69 New Product Launches/Product Enhancements, 2017
Table 70 Business Expansions, 2016–2017
Table 71 Partnerships, Agreements, and Collaborations, 2017
Table 72 Mergers and Acquisitions, 2016–2017

List of Figures (42 Figures)

Figure 1 Data-Centric Security Market: Market Segmentation
Figure 2 Market: Research Design
Figure 3 Breakdown of Primary Interviews: By Company, Designation, and Region
Figure 4 Data Triangulation
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Data-Centric Security Market: Assumptions
Figure 8 Market Size, By Component (2017 vs 2022)
Figure 9 North America is Estimated to Hold the Largest Market Share in 2017
Figure 10 Top 3 Revenue Segments of the Market
Figure 11 Need for Complying With Stringent Regulations is Expected to Drive the Data-Centric Security Market
Figure 12 Data Protection and North America are Expected to Have the Largest Market Shares in 2017
Figure 13 Professional Services Segment is Expected to Hold A Larger Market Share During the Forecast Period
Figure 14 Support and Maintenance Services Segment is Estimated to Hold the Largest Market Share in 2017
Figure 15 Cloud Deployment Type is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 16 Small and Medium-Sized Enterprises Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 17 Asia Pacific is Expected to Emerge as the Best Market for Investment Over the Next 5 Years
Figure 18 Banking, Financial Services, and Insurance Vertical is Projected to Dominate the Market Throughout the Forecast Period
Figure 19 Data-Centric Security Market: Drivers, Restraints, Opportunities, and Challenges
Figure 20 Top Countries of Origin of Mirai Distributed Denial of Service Attacks
Figure 21 Services Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 22 Data Protection Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 23 Managed Services Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 24 Training and Education Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 25 Cloud Deployment Type is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 26 Small and Medium-Sized Enterprises Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 27 Retail Vertical is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 28 Asia Pacific is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 29 North America: Market Snapshot
Figure 30 Asia Pacific: Market Snapshot
Figure 31 Key Developments By Leading Players in the Data-Centric Security Market, 2015–2017
Figure 32 Geographic Revenue Mix of Top Players
Figure 33 IBM: Company Snapshot
Figure 34 IBM: SWOT Analysis
Figure 35 Imperva: Company Snapshot
Figure 36 Imperva: SWOT Analysis
Figure 37 Informatica: SWOT Analysis
Figure 38 Oracle: Company Snapshot
Figure 39 Oracle: SWOT Analysis
Figure 40 Varonis Systems: Company Snapshot
Figure 41 Varonis Systems: SWOT Analysis
Figure 42 Micro Focus: Company Snapshot

The data-centric security market size is expected to grow from USD 2.06 Billion in 2017 to USD 5.83 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 23.1% during the forecast period. The demand for data-centric security solutions and services is expected to be driven by many factors, such as data security governance, exploitation of trending technologies for enterprise data breaches, and stringent government regulations.

The data-centric security market has been segmented on the basis of components, organization sizes, verticals, and regions. Among the components, the services segment is expected to grow at a higher CAGR during the forecast period and the solutions segment is estimated to have the largest market size in 2017. Data-Centric Security solutions and services aid in data auditing, monitoring and reporting, data governance, and data protection. Data protection measures such as encryption, masking, tokenization, anonymization, and pseudonymization aid in safeguarding structured and unstructured data in transit, data in rest, and data in process.

The large enterprises segment is expected to hold a larger market size during the forecast period. Large enterprises have been operating in a highly saturated market, wherein, they are left behind with limited growth opportunities. As these enterprises have various types of IT infrastructure, they face the difficult task of effectively managing the security of data on-premises and in the cloud. Different teams working in silos, such as file systems, database, SaaS, and IaaS, require different security and auditing measures. An increasing need for centralized policy management based on rules-provided data governance is expected to fuel the growth of the data-centric security market.

North America is estimated to have the largest market share in 2017, whereas the Asia-Pacific (APAC) region is projected to grow at the highest CAGR during the forecast period in the data-centric security market. Increasing of cyber-attacks, government data protection regulations, and proliferation of the adoption of cloud-based platforms are expected to drive the demand for data-centric security solutions and services, globally.

The adoption of data-centric security market solutions and services is expected to increase, owing to the rapid growth of cloud adoption, regulatory compliances, data governance, and data protection. However, major issues faced by enterprises while adopting data-centric security solutions and services are enterprise budgetary concerns, lack of context-aware data-centric security solutions, and the lack of technical expertise among enterprise workforce.

Major vendors providing data-centric security solutions and services are IBM (New York, US), Imperva (California, US), Informatica (California, US), Oracle (California, US), Varonis Systems (New York, US), AvePoint (New Jersey, US), BlueTalon (California, US), Dataguise (California, US), Datiphy (California, US), Micro Focus (Berkshire, UK), NextLabs (California, US), and Protegrity (Connecticut, US). These players have adopted various strategies, such as new product developments; partnerships, agreements, and collaborations; mergers and acquisitions; and business expansions to expand their presence in the global data-centric security market.

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