Europe Data-centric Security Market By Component (Software & Solutions and Services), By Deployment Type (On-premise and Cloud), By Enterprise Size (Large Enterprises and Small & Medium Enterprises), By End User (BFSI, Government & Defense, IT & Telecom, Healthcare, Manufacturing, Consumer Goods & Retail and Others), By Country, Growth Potential, Industry Analysis Report and Forecast, 2021 - 2027
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Market Report Description
The Europe Data-centric Security Market would witness market growth of 19.9% CAGR during the forecast period (2021-2027). There are many domains in which big companies are facing troubles. The threat outlook is becoming highly daunting while the latest technologies further spread confidential data across locations, devices, and data repositories.
In the past years, most of the companies based their security defenses on network-and host-based control such as network segmentation, perimeter firewalls, and antivirus software, but quicker changes in IT infrastructure make conventional security gates much less efficient.
Many cyber attackers direct their attacks with a specific aim: gather sensitive information that aims to industrial espionage or illicit profits. Additionally, insiders are always showing never-ending threats. Insiders can unintentionally assist hackers to gain sensitive login details through social engineering or create their own attacks by seizing confidential data for financial gains, revenge, or other personal objections.
Many companies depend on many layers of defensive technologies installed on networks and hosts in order to fight against APT-style attacks. Firewalls, antivirus software, malware gateway appliances, and homegrown security analytics are included in these defenses. Standard security technologies can prove to be successful in blocking malware and recognizing abnormal behavior, but it is not uncommon for APTs or hostile insiders to easily overcome these defenses and gain access to confidential data. Cyber attackers frequently avoid detection as the pattern of attacks is made to appear like valid users are accessing confidential data. Network and endpoint technologies monitoring files, packets, and flows have a low amount of visibility and knowledge of what is happening with the data and the users accessing the data itself.
The Germany market dominated the Europe Data-centric Security Services Market by Country 2020, growing at a CAGR of 20.8 % during the forecast period. The UK market is exhibiting a CAGR of 21.2% during (2021 - 2027). Additionally, The France market is anticipated to witness a CAGR of 23.1% during (2021 - 2027).
The Large Enterprises market dominated the Spain Data-centric Security Market by Enterprise Size 2020, thereby, achieving a market value of $151.9 million by 2027. The Small & Medium Enterprises market is expected to witness a CAGR of 24% during (2021 - 2027).
Based on Component, the market is segmented into Software & Solutions and Services. Software & Solutions market is further categorized into Data Discovery & Classification, Data Protection, Data Governance & Compliance and Others. Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on End User, the market is segmented into BFSI, Government & Defense, IT & Telecom, Healthcare, Manufacturing, Consumer Goods & Retail and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Data-centric Security Market Size will Hit $13 Billion by 2027, at a CAGR of 20.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Broadcom, Inc., Micro Focus International PLC, Orange S.A., NetApp, Inc., Informatica, LLC, Talend S.A., Netwrix Corporation, Forcepoint LLC (Francisco Partners), and Infogix, Inc. (Thoma Bravo LLC)
Scope of the Study
Market Segments Covered in the Report:
- Software & Solutions
- Data Discovery & Classification
- Data Protection
- Data Governance & Compliance
By Deployment Type
By Enterprise Size
- Large Enterprises
- Small & Medium Enterprises
By End User
- Government & Defense
- IT & Telecom
- Consumer Goods & Retail
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- Broadcom, Inc.
- Micro Focus International PLC
- Orange S.A.
- NetApp, Inc.
- Informatica, LLC
- Talend S.A.
- Netwrix Corporation
- Forcepoint LLC (Francisco Partners)
- Infogix, Inc. (Thoma Bravo LLC)
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