LAMEA 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 Latin America, Middle East and Africa Data-centric Security Market would witness market growth of 24.4% CAGR during the forecast period (2021-2027). The on-premises deployment type is the conventional method to execute data-centric security software & solutions over companies.
A company where the user credentials are important for business operations will choose the on-premises deployment, as the systems are operated by the company itself. The government & defense and BFSI sector use on-premises security as they cannot take chance to lose their confidential data, accounting information, financial records, and data related to financial transactions.
The top level of data security and reliability provided by the cloud deployment are surging the market share of cloud deployment during the forecast period. Additionally, cloud deployment in data-centric security focuses on the safety of the data itself instead of the safety of servers, networks, or applications. Moreover, Data-centric security in cloud deployment is growing swiftly because companies are increasingly depending upon digital data to operate their business & big data projects turned out to be mainstream.
The quick growth of urbanization around the world is shifting the way of utilizing gadgets and things related to the technological environment. The rising trend of internet-enabled gadgets and the increasing requirement of internet connectivity are among the key aspects that are projected to fuel the growth of data-centric security across the globe. Additionally, technological improvements in gadgets those are smarter than the traditional and heavy devices. Growing advancements in electronics, manufacturing and IT industries around the world are becoming popular with users who strengthened the demand for the internet of things (IoT).
The Brazil market dominated the LAMEA IT & Telecom Data-centric Security Market by Country 2020, thereby, achieving a market value of $49.3 million by 2027. The Argentina market would witness a CAGR of 23.8% during (2021 - 2027). Additionally, The UAE market is expected to witness a CAGR of 22.7% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- Saudi Arabia
- South Africa
- Rest of LAMEA
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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