The global Big Data Security market is forecast to reach USD 64.74 Billion by 2028, according to a new report by Reports and Data. The increasing trend towards outsourcing services will boost the demand for data security services. The popularity of BYOD services has gradually increased the amount of data generated daily. The increasing concerns of fake data generation is a significant challenge for the operational security of big data. This can lead to a failure in detecting the trends and problems to solve. Such challenges can be solved by applying a fraud detection approach. Once the data is collected, it undergoes parallel processing, which is vulnerable to get accessed by any outsider who can change the settings of the existing mappers or add ‘alien’ ones. This can destroy the data processing effectively, and sensitive information may also get leaked. These factors contribute to the necessity of deploying big data security services and tools.
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Advancements in technology has revolutionized almost all sectors of industries. Information and communications technology (ICT) industry is expected to register significant revenue growth over the forecast period owing to rapid integration of IoT, robotics, artificial intelligence, and rapid advancements in AR/VR tech. With rapid adoption of cloud-based services and data analytics, the market revenue growth is expected to accelerate over the next 8 years.
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Key companies profiled in the report include:
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, and Gemalto NV, among others.
The sections also offers insights into their market size, market share, global position, financial standing, business overview, and strategic initiatives such as product developments, technological advancements, mergers acquisitions, joint ventures, partnerships, and collaborations among others, undertaken by the companies.
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Furthermore, the report offers insights into the segmentation of the Big Data Security industry based on product types, applications, end-user, technology, and key regions. The study also assesses the market segment expected to show a significant growth in the coming years.
Technology Outlook (Revenue, USD Billion; 2016-2026)
- Intrusion Detection System/Intrusion Prevention System (IDS/IPS)
- Identity and Access Management (IAM)
- Security Information and Event Management (SIEM)
- Others
Component Outlook (Revenue, USD Billion; 2016-2026)
- Software
- Services
Organization Size Outlook (Revenue, USD Billion; 2016-2026)
- Small and Medium-Sized Enterprises
- Large Enterprises
Deployment Model Outlook (Revenue, USD Billion; 2016-2026)
- On-premises
- Cloud
Data Type Outlook (Revenue, USD Billion; 2016-2026)
- Data-at-rest
- Data-at-use
- Data-in-transit
Industry Vertical Outlook (Revenue, USD Billion; 2016-2026)
- Retail and eCommerce
- Government and defense
- Healthcare and life sciences
- Media and entertainment
- IT and Telecommunications
- Banking, Financial Services, and Insurance
- Others
Regional Analysis of the Big Data Security Market includes:
- North America (U.S.A., Canada, Mexico)
- Europe (U.K., Italy, Germany, France, Rest of Europe)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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