Global Data Centre Security Solutions Market Report and Forecast 2024-2032

Global Data Centre Security Solutions Market Outlook

In 2023, the global data centre security solutions market was estimated to be at USD 17.84 billion and is predicted to reach a value of USD 63.24 billion by 2032, growing at a CAGR of 15.1% in the 2024-2032 forecast period. Security solutions for data centres provide conceptual security solutions for data centres as well as physical security solutions for the same.

The security sector for data centres requires conceptual protection and physical security to be applied. Due to the increase in IoT and OTT services, the growing bandwidth requirements of companies have developed a need for software-defined data centres (SDDC). The implementation of SDDC would allow data centre infrastructure virtualization, thus, allowing organizations to optimize the use of their available hardware resources. These developments will also aid the growth of the data centre security solutions industry.

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Market Segmentation

Data centre security relates to the physical activities and digital systems used to secure a data centre from external threats and assaults. Data centres provide services like backup and recovery, data storage, data management, and networking.

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The data centre security solutions industry can be divided based on segments like format type, applications, and end-uses.

The industry can be broadly categorised based on format type into:

• Logical Security Solution
• Monitoring Solutions
• Analysis and Modelling
• Video Surveillance
• Physical Security Solution
• Compliance Management and Access Control
• Threat and Application Security Solution
• Data Protection Solution

The industry can be divided based on its application sectors as:

• Consulting
• Integration and Deployment
• Managed Services

The industry can be divided on the basis of its end-use as:

• Financial Services
• IT and Telecom
• Government
• Education
• Healthcare
• Media and Entertainment
• Others

The EMR report looks into the regional markets of data centre security solutions like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

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Market Analysis

Software-defined data centre (SDDC) maintains the safety of the virtual environment by detecting threats that can circumvent access controls and firewalls, and by monitoring data flow between servers. SDDC also allows companies to follow software-controlled security policies, improve operational efficiency, and reduce storage and capital expenditure constraints. The aforementioned benefits will improve SDDC's popularity among end-users. SDDC's growing demand will be a key phenomenon that will drive the market growth of data centre security solutions over the forecast period. A significant factor resulting in the growth of the data centre security solutions industry will be the rising threat of cyber-attacks.

Competitive Landscape

The report presents a detailed analysis of the following key players in the global data centre security solutions market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• Cisco Systems, Inc. (NASDAQ: CSCO)
• Check Point Software Technologies, Ltd. 
• Citrix Systems, Inc. 
• Dell Technologies Inc. (EMC CORPORATION) 
• Fortinet, Inc. 
• Honeywell International Inc. 
• IBM Corp. 
• Robert Bosch GmbH
• Symantec Corp. 
• Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter's Five Forces.

Key Highlights of the Report