Market Research Future Insights:
The big data security market in 2020 is driven by the increasing relevance of data mining for usable information today. Market Research Future creates ICT industry reports, that highlight market opportunity for growth. By the end of 2030, the market is expected to generate USD 35.71 billion at a CAGR of 17.10%.
The future growth of the big data security market is anticipated to be driven by the increasing demand for appropriate high-security solutions. In the upcoming years, the market for big data security is projected to grow due to the surge in demand for third-party managed security service providers.
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Big Data Security Market Report Scope:
Parameter | Details |
Revenue Forecast in 2030: | USD 35.71 Billion |
Growth Rate: | CAGR of 17.10% from 2020 to 2030 |
Forecast Period: | 2020 -2030 |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Market Segmentation :
Based on components, organisation size, deployment, technology, and end-user, the big data security market is segmented. The big data security market is divided based on end-user into the following sectors: travel & logistics, automotive, healthcare, government, BFSI, and IT & communications. Software and services make up the component basis for segmenting the big data security industry. The software market is further divided into the following submarkets: data governance, data masking, encryption, and security intelligence. The big data security industry is split between on-premise and on-cloud deployments.
Identified threat management (UTM), security information and event management (SIEM), identity and access management (IAM), and intrusion detection system (IDS)/intrusion prevention systems make up the technology-based segments of the big data security industry (IPS). The big data security market is divided into SMEs and large enterprises based on the sizes of the organisations.
Based on the component:
Based on software
Based on deployment type
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Regional Analysis :
According to the regional analysis, the North American region dominates the big data security industry as a result of the region’s expanding use of cloud-based platforms and technologies. With $3.45 billion in revenue in 2017, the United States dominates the market. The demand for appropriate and scalable high-security solutions has increased as a result of the region’s predisposition for the rapid and elevated approval of the most recent technical developments. More than a few market-leading businesses are anticipated to create chances for market expansion, which will lead to growth throughout the projection period. Due to rising expenditures on cutting-edge technologies in countries like China and India, the Asia-Pacific region is predicted to develop at the highest rate throughout the projection period. Additionally, the numerous SMEs’ demand for profitable advanced analytical software solutions & services has created a need for high-security solutions.
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Key Players :
The key players of Global Big Data Security are as follows:
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Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. MRFR’s approach combines the proprietary information with various data sources to give an extensive understanding to the client about the latest key developments, expected events and also about what action to take based on these aspects.