Data-Centric Security Market

Informatica (US) and Dataguise (US) are the Major Players in the Data-Centric Security Market

The data-centric security market 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 data-centric security market growth is mainly due to the increasing need for data auditing and reporting, data governance, and data protection.

Major players in the data-centric security market include IBM (US), Imperva (US), Informatica (US), Oracle (US), Varonis Systems (US), AvePoint (US), BlueTalon (US), Dataguise (US), Datiphy (US), Micro Focus (UK), NextLabs (US), and Protegrity (US). These players have adopted various growth strategies, such as partnerships, agreements, and collaborations; mergers and acquisitions; business expansions; and new product launches, to strengthen their presence in the data-centric security market and expand their profit margins.

Informatica is a leading provider of data-centric security products. The company focuses on both inorganic and organic growth strategies to maintain its competitive edge in the market. Organically, the company has been extensively launching new products and enhancing the capabilities of existing ones, to cater to the needs of its customers, including the Small and Medium-sized Enterprises (SMEs), across the globe. For instance, in October 2017, the company launched an enhanced version of Informatica Secure@Source version 4, a data protection product. Some of the significant capabilities of this product are data security intelligence, data discovery, classification, user behavior analytics, monitoring, data risk detection, and data risk remediation. The company has also strengthened its data governance portfolio by launching Informatica Data Governance and Compliance solution. Partnership with Avnet has helped Informatica to cater to its customers in the US, Canada, Indonesia, Italy, Malaysia, Singapore, and the UK.

Dataguise has focused on organic growth strategies, such as new product launches, product enhancement, and business expansion. The company launched an enhanced version of DgSecure 6.2 software which aids in data protection, data discovery, and data monitoring. The enhancements included user and entity behavioral analytics and monitoring, data detection and protection, and support for Spark-enabled Hadoop clusters. The company strengthened its position in European markets by opening an office in London, the UK. The new office would be responsible for providing sales and pre-sales support. The company has shown a significant interest in the inorganic growth strategy of partnership, collaboration, and alliances. A recent partnership with Teradata in October 2017 will allow Dataguise to cater its products to Teradata customers. Dataguise provides its data-centric security products and services for various verticals, such as BFSI, healthcare, consumer and retail, and government. The report on the global data-centric security market analyzes the global adoption trends, growth potential, key drivers, vendor portfolio analysis, restraints, opportunities, and value chain of the market.

Related Reports:

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

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Report Code
TC 5784
Published ON
Dec, 2017
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