Big Data Security Market Size, Share and Global Market Forecast to 2026 : MarketsandMarkets

 

In the post-COVID-19 scenario, the "Big Data Security Market by Component, by Software, Deployment Type, Organization Size (Large Enterprise, SMEs), Vertical, and Region (North America, Europe, APAC, MEA, Latin America) - Global Forecast to 2026",  published by MarketsandMarkets™, the Big Data Security Market size is projected to grow from USD 17.5 billion in 2020 to USD 35.3 billion by 2026, recording a Compound Annual Growth Rate (CAGR) of 12.4% from 2020 to 2026. The market’s growth can be attributed to the increasing awareness and rising investments in big data security solutions across global organizations operating across verticals.

 

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Based on software, the data encryption, tokenization, and masking segment are estimated to lead the market in 2020.

Data encryption is a security method where information is encoded and can only be accessed or decrypted by users with the correct encryption key. Encrypted data, also known as ciphertext, appears scrambled or unreadable to persons or entities accessing without permission. Tokenization is the process of turning sensitive data into non-sensitive data called ‘tokens’ that can be used in a database or internal system without bringing it into scope. Data masking is a data security technique where a dataset is copied, but sensitive data is obfuscated. This copy is then used instead of the authentic data for testing or training purposes. By masking data, organizations can expose the data needed to test teams or database administrators without compromising it or getting out of compliance. The primary benefit is reduced security risks.

Based on Vertical, IT & ITES is estimated to lead the market in 2020.

The IT and ITES vertical is growing at an unprecedented rate in North America, Europe, and APAC. However, it is one of the major targets for cyberattacks as IT and ITES companies are dealing with storage and transfer of large volumes of critical business data and the employee data, such as names, addresses, and financial transactions. The rise in penetration of cloud computing, IoT devices, BYOD, and mobile and web applications has widened the surface of cyberattacks in the IT and ITES vertical.

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North America is expected to hold the largest market share during the forecast period.

Most of the security vendors are based in North America, which makes the region to be among the early adopter of new and advanced security technologies. As a result, North America is expected to dominate the Big Data Security Market during the forecast period. Moreover, increase in the sophisticated cyber-attacks is anticipated to drive the implementation of big data security in several verticals such as banking, finance, government, and healthcare sectors. With the widespread use of digital payments, cloud based applications, IoT, security ecosystem has become more complex. Besides, various SMBs are welcoming disruptive work culture through services such as BYOD and work-from-home, exposing the enterprise data prone to number of cyber-attacks.

Market Players

Major vendors in Big Data Security Market, namely, include IBM (US), Oracle (US), Microsoft (US), Google (US), Amazon Web Services (US), Hewlett Packard Enterprise (US), Talend (US), Micro Focus (UK), Check Point (Israel), FireEye  (US), Rapid7  (US), Thales  (France), and  Informatica  (US).

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Zero Trust Security Market Size, Share and Global Market Forecast to 2026 | MarketsandMarkets

 

In the post-COVID-19 scenario, the report "Zero Trust Security Market  by Solution Type (Data Security, Endpoint Security, API Security, Security Analytics, Security Policy Management), Deployment Type, Authentication Type, Organization Size, Vertical, and Region - Global Forecast to 2026", published by MarketsandMarkets™, the global Zero Trust Security Market size is projected to grow from USD 19.6 billion in 2020 to USD 51.6 billion by 2026, recording a compound annual growth rate (CAGR) of 17.4% from 2020 to 2026.

 

The major growth drivers for the market include the rising need for compliance for networks, user devices, and data from unauthorized access and to get a centralize view on threats..

 

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Based on solution type, the data security segment is estimated to lead the market in 2020.

Data security solutions are responsible for securing business database and information such as customer details, financial information, and employee database as well as other key business data of any organizations. Huge amount of data is generated everyday across organizations in various industry verticals and effective management and storage of business data becomes critical for the IT and data security professionals. An organizations database comprises of sensitive data such as Personally Identifiable Information (PII), Personal Health Information (PHI), Intellectual Property (IP), as well as Payment Card and Financial Information. Databases often become a target for cybercriminals and victim of cyberattacks causing data breaches and loss of business and personal information. Zero trust data security solutions fortify an organization’s data security by confining the risks from user privileges and access restricting the lateral movement of threats within a company’s infrastructure.

Based on Vertical, IT & ITES is estimated to lead the market in 2020.

The IT and ITES vertical is growing at an unprecedented rate in North America, Europe, and APAC. However, it is one of the major targets for cyberattacks as IT and ITES companies are dealing with storage and transfer of large volumes of critical business data and the employee data, such as names, addresses, and financial transactions. The rise in penetration of cloud computing, IoT devices, BYOD, and mobile and web applications has widened the surface of cyberattacks in the IT and ITES vertical. Moreover, companies controlling and operating critical infrastructure used to communicate and store sensitive data prone to complex attacks, such as DDoS attacks and ransomware attacks. These attacks would pose a high risk for privacy of confidential data.

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North America is expected to hold the largest market share during the forecast period.

Most of the security vendors are based in North America, which makes the region to be among the early adopter of new and advanced security technologies. As a result, North America is expected to dominate the Zero Trust Security Market during the forecast period. Moreover, increase in the sophisticated cyber-attacks is anticipated to drive the implementation of zero trust security in several verticals such as banking, finance, government, and healthcare sectors. With the widespread use of digital payments, cloud based applications, IoT, security ecosystem has become more complex. Besides, various SMBs are welcoming disruptive work culture through services such as BYOD and work-from-home, exposing the enterprise data prone to number of cyber-attacks.

Market Players

The major vendors covered in the Zero Trust Security Market include Cisco Systems Inc. (US), Akamai Technologies, Inc. (US), Palo Alto Networks, Inc. (US), Symantec Corporation (US), Okta, Inc. (US), Forcepoint, LLC (US), Centrify Corporation (US), Cyxtera Technologies (US), Illumio (US), Sophos Group Plc (UK), Google LLC (US), Microsoft, Inc. (US), VMware Inc. (US), Trend Micro Incorporated (Japan), Cloudflare (US), IBM Corporation (US), Fortinet (US), Check Point Software Technologies Ltd. (US), Pulse Secure, LLC (US), and ON2IT (Netherlands).

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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Cloud Security Posture Management Market Size, Share and Global Market Forecast to 2026 | MarketsandMarkets

 

According to market research report on "Cloud Security Posture Management Market by Component (Solution and Services), Cloud Model (IaaS and SaaS), Vertical (BFSI, Healthcare, Retail and Trade, IT and Telecommunication, Public Sector, and Education), and Region - Global Forecast to 2026", published by MarketsandMarkets™, the global post-COVID-19 Cloud Security Posture Management Market size is expected to grow from USD 4.0 billion in 2020 to USD 9.0 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 14.4% during the forecast period.

As the world is approaching cloud-native future, the dependency of organizations on digital assets is increasing rapidly. Cyber hygiene has become crucial in the development of a security posture of any business entity. CSPM refers to the solutions and services deployed to protect applications, data, networks, endpoints, and associated infrastructure through the cloud by checking their respective configurations, policy, and standards violations. Cloud security providers incorporate these regulations to maintain security, privacy, and compliance (with necessary regulations) of customer data.

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From the era of viruses and worms (the 1990s) to the era of Advanced Persistent Threats (APTs), the level of sophistication and the impact of cyberattacks have evolved significantly. As the number of network devices increased, enterprises started looking at cloud security solutions that could identify and mitigate these threats in real time and thus, minimize the risk posed by them. Advanced cloud security solutions protect public and private cloud infrastructure and will increasingly help combat cybercrimes in the future, saving trillions of dollars globally.

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MarketsandMarkets has segmented the global Cloud Security Posture Management Market by component, cloud model, vertical, and region. The component segment is categorized into solution and services. The cloud model segment includes infrastructure as a service (IaaS), and software as a service (SaaS). The verticals considered in the report are BFSI, healthcare, retail and trade, education, IT and Telecommunication, public sector, and other verticals (incl. media and entertainment, hospitality, and manufacturing). The overall CSPM market is studied across five regions: North America, Europe, APAC, Latin America, and MEA.

By component, CSPM solutions segment to have the highest market share during the forecast period

CSPM solution provides visibility into the public cloud infrastructure of an organization, including cloud resources, compliance, and cloud configurations. CSPM solutions were earlier known as Cloud Infrastructure Security Posture Assessment (CISPA). The solutions are developed to help the consumers mitigate the risk of policy violations, misconfigurations of cloud solutions, and lack of compliance and industry standards (CIS, NIST, and HIPAA). In the Covid-19 pandemic, the increasing data and traffic on the public cloud and lack of expertise of cloud configurations, have made the cloud resources more vulnerable than the previous years. CSPM solutions are designed and developed to handle cloud misconfigurations and policy violations. The increasing cloud adoption and IT spending on the public cloud are expected to fuel the market growth of CSPM in the coming years, globally.

By Vertical, BFSI segment to have the highest market share during the forecast period

Banks and financial institutions are increasingly moving their data on the cloud environment, amid the COVID-19 outbreak. With the widespread adoption of cloud computing platforms, finance and insurance companies are required to meet the highest security standards set by the financial regulatory authorities. There is a constant need for proper security measures and vigilance to protect organizations from potential cloud attacks. Consequently, the adoption of cloud security would resolve such challenges. Financial institutes are always the early adopter of advanced and upgraded technologies. CSPM is one of the essential security tools that are developed to secure the posture of the deployed cloud resources, which has significant applications in the BFSI vertical.

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Asia Pacific to grow with the fastest growing CAGR during the forecast period

Various developments are taking place in APAC concerning the adoption of technologies, such as BI tools, cloud, analytics, and rapid infrastructure development. APAC is the fastest-growing region in terms of the adoption of CSPM. According to a survey by Palo Alto Networks, enterprises across four countries in APAC: Australia, China, India, and Singapore, revealed that insecure interfaces and APIs, data breaches, data losses, and misconfigurations are the top cybersecurity risks in the region. Moreover, with the rising intensity and complexity of cyberattacks, data security concerns of businesses in this region have been escalating. Furthermore, the survey found that 69% of organizations in Singapore believe that security offered by cloud service vendors is sufficient for protection against cloud threats. Increasing advancements in mobility and cloud adoption and growing mandatory compliances with government regulations to resolve data security issues have forced enterprises to adopt CSPM.

Major vendors in the global Cloud Security Posture Management Market include IBM Corporation (US), VMware, Inc. (US), Microsoft Corporation (US), CheckPoint Software Technologies Pvt Ltd (Israel), McAfee Corporation (US), Fortinet (US), Forcepoint (US), FireEye (US), Zscaler (US), Cisco Systems (US), Optiv Security (US), Sophos Group Plc. (UK), Atos (France), Palo Alto Networks, Inc. (US), CrowdStrike Holdings Inc. (US), CipherCloud (US), Aqua Security (US), Aujas Cybersecurity (US), Armor Defense Inc (US), BitGlass (US), Hillstone Networks (China), Netskope (US), DivvyCloud Corporation (US), Fugue, Inc (US), Orca Security (Israel), Accurics (US), AppOmni (US), CloudPassage (US), OpsCompass, LLC (US), Adaptive Shield (Israel), and Blazeclan Technologies (India).

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 About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

 

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

 

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Security System Integrators Market Share, Size, Forecast 2022 | MarketsAndMarkets

According to market research report on "Security System Integrators Market by Security Type (Application, Endpoint, Network, Data, Risk and Compliance Management, and Business Continuity and Disaster Recovery), Organization Size, Industry Vertical, and Region - Global Forecast to 2022", is expected to grow from USD 9.76 Billion in 2017 to USD 14.72 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 8.6%.

The significant powers driving the security system integrators market are rising system complexities because of mergers and acquisitions and outsider application sending, absence of gifted cybersecurity experts in endeavors, developing security requirements for Internet of Things (IoT), Bring Your Own Device (BYOD) slants, and expanding reception of cloud-based administrations.

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The system security type is evaluated to have the biggest market share in the security system integrators market in 2017

The system security type is required to have the biggest market share and overwhelm the security system integrators market from 2017 to 2022. System security incorporates security items and administrations that are utilized to identify and counteract digital dangers in a PC system and system available assets. Indeed, even workers' cell phones, associated every minute of every day to the web and frequently unbound, make the undertakings' basic system framework powerless against different security dangers. System security shields the information from different dangers, for example, Structured Query Language (SQL) infusions, Distributed Denial of Service (DDoS) assaults, and cross-site scripting assaults.

The administration vertical is relied upon to develop at the most elevated CAGR in the security system integrators market amid the conjecture time frame

The administration vertical is relied upon to develop at the most noteworthy CAGR in the security system integrators market amid the figure periodThe government vertical is required to develop at the most astounding CAGR in the security system integrators market amid the conjecture time frame

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North America is relied upon to add to the biggest market share in the security system integrators market amid the conjecture time frame

North America is relied upon to have the biggest market share and overwhelm the security system integrators market from 2017 to 2022, because of the nearness of significant security merchants, security system integrators, and Managed Security Service Providers (MSSPs). The associations in this area are progressively receiving propelled security answers for ensure their basic IT resources. Different drivers for the expanding interest for security system integrators incorporate the requirement for administrative consistence and simple mix of security arrangements with associations' current security framework.

The significant security system integrators incorporate Cisco Systems, Inc. (US), FireEye, Inc. (US), Hewlett Packard Enterprise (HPE) Development LP (US), International Business Machines (IBM) Corporation (US), McAfee, LLC (US), Accenture BCR (Ireland), Cognizant Technology Solutions U.S. Organization (US), Deloitte Touche Tohmatsu Limited (US), HCL Technologies Limited (India), Wipro Limited (India), CIPHER Security LLC (US), Integrity360 (Ireland), Vandis, Inc. (US), Anchor Technologies, Inc. (US), and Innovative Solutions Co (Saudi Arabia).

Opportunities

Advancements in IoT and Development of Smart Cities Across the World

Expanded Digitalization in Developing Countries

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Global Adaptive Security Market Analysis, Segmentation, Strategy, Forecast 2016-2021

According to new market research report on  "Adaptive Security Market by Component (Solution, Services), Application (Network Security, Endpoint Security, Application Security, Cloud Security, Others), Deployment Mode, Organization Size, Vertical, Region - Global Forecast to 2021", The adaptive security market size is estimated to grow from USD 3.53 Billion in 2016 to USD 7.07 Billion by 2021, at an estimated CAGR of 14.9%.

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The adaptive security arrangement give solid guard against cutting edge digital assaults and legitimately defend systems from inner and outside dangers. As the recurrence of modern digital assaults on ventures is developing, the market is relied upon to pick up footing in the following five years.

Need to shield against cutting edge dangers is driving the adaptive security market

The crucial powers driving the adaptive security market are need to ensure against cutting edge dangers, developing requirement for security compliances and approaches, and impediments to regular wellbeing answers. As the organizations are growing, new and confused dangers are made normal which puts undertaking and people basic records at peril. This has upheld associations to conform to assurance compliances and guidelines while conveying security answers for shield their business undertaking applications, endpoints, and systems contrary to limit digital dangers and endeavors.

Application security portion to assume a key job in the adaptive security market

System security is foreseen to have the biggest marketplace extent and command the adaptive security market from 2016 to 2021, because of creating interest for genuine time security insight arrangements. Application security is anticipated to play a key position in changing over the adaptive wellbeing scene and is anticipated to develop at the most astounding development value all through the conjecture time frame as organization of net and cell applications in organizations will continue developing.

BFSI vertical is relied upon to develop the quickest in the adaptive security market

Government and guard vertical is relied upon to contribute biggest market rate in adaptive security market, as government organizations holds basic and unstable records of occupants, which may be considered in light of the fact that the ideal objective for digital offenders. The BFSI zone is anticipated to create with the most astounding CAGR from 2016 to 2021, in the adaptive security market, because of the development in on line banking exchanges for associations through web and cell contraptions.

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North America expected to contribute the biggest market share, while APAC is relied upon to become the quickest

North America is foreseen to have the biggest market share and command the adaptive security market from 2016 to 2021, as a result of the nearness of gigantic assortment of adaptive security transporters over these districts. APAC offers capacity development conceivable outcomes in the adaptive security market, as there might be a tremendous nearness of SMEs which can be turning towards adaptive security answers for ensure contrary to cutting edge digital dangers.

The real merchants in the adaptive security market incorporate Cisco Systems, Inc. (U.S.), Juniper Networks (U.S.), Trend Micro (Japan), FireEye, Inc. (U.S.), Rapid7 (U.S.), Panda Security (Spain), Illumio (U.S.), EMC RSA (U.S.), Aruba, a Hewlett Packard Enterprise organization (U.S.), Cloudwick (U.S.), and others. Other recognizable sellers incorporate Assuria (U.K.), Blueliv (Spain), and LogRhythm (U.S.).

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Microsegmentation Market Report In Depth with Drivers, Restraints, Opportunities, Challenges

According to new market research report on "Microsegmentation Market by Component (Software and Services),Security Type (Network Security, Database Security, and Application Security), Service, Organization Size, Deployment Type, Vertical, and Region - Global Forecast to 2022",

The global microsegmentation market size is expected to grow from USD 670.3 Million in 2017 to USD 2,038.7 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 24.9% during the forecast period. The major factors driving the growth of the microsegmentation market include increase in network connectivity and data theft, and maintaining safe third-party access.

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The counseling and warning administrations section is required to have the biggest market measure in the microsegmentation market amid the gauge time frame.

Counseling and warning administrations assume a huge job in accomplishing the zero trust security display through microsegmentation. They give key bits of knowledge to the operational, authoritative, and innovative change to different verticals relying on their necessities. In addition, these administrations offer an imaginative administration layer structure to help set up a cutting edge security design.

The oversaw administrations section is relied upon to develop at the most elevated CAGR amid the gauge time frame.

Overseen administrations are in effect quickly embraced by created nations, for example, the US and Canada. Overseen administrations assume a tremendous job in the sending of microsegmentation programming as indicated by prerequisite of customer. Overseen administrations incorporate all the pre-and post-organization questions and needs of the clients. These administrations may incorporate arranging, structuring, testing, coordination, upkeep, and backing. These administrations are primarily re-appropriated for on-time conveyance, decrease of capital use, working costs.

The Banking, Financial Services, and Insurance (BFSI) vertical is assessed to have the second biggest market estimate in 2017.

The security arrangements help budgetary specialist co-ops ensure their clients, meet government and industry consistence norms, encourage security reviewing, and stay away from the harm to notoriety brought about by information breaks. This part is constantly redesigning its preparing and exchange advancements and expects start to finish security answers for upgrade activities against both inside and outside dangers.

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North America is relied upon to have the biggest market share in the microsegmentation market amid the gauge time frame.

North America is relied upon to have the biggest market share and rule the microsegmentation market amid the gauge time frame. The area has the nearness of major feasible and entrenched economies who put significantly in Research and Development (R&D) exercises, in this way adding to the advancement of new security arrangements.

The district contains nations, for example, the US and Canada, which are seeing the huge appropriation of microsegmentation arrangements. Increment in ransomware assaults on the associated gadgets, developing utilization of security virtualization and distributed computing, and expanding requirement for security upgradation are a portion of the central point driving the development of the North America market. The straightforwardness in guidelines and critical government spending has impelled advancements in the district.

The real merchants in the microsegmentation market incorporate VMware (US), Cisco (US), Unisys (US), vArmour (US), Juniper Networks (US), OPAQ Networks (US), ShieldX Networks (US), Cloudvisory (US), Extra Hop (US), GuardiCore (MEA), Bracket Computing (US), illumio (US), Nutanix (US), and August Schell (US).

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