Data Security Market will grow by $ 2.85 Billion, 2021-2025|Increasing IT Security Budget to be Major Trend|Technavio
NEW YORK, April 30, 2021 /PRNewswire/ --
Set to grow by USD 2.85 billion during 2021-2025, Technavio's latest market research report estimates the data security market to register a CAGR of over 14%. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Amazon.com Inc., Broadcom Inc., Cisco Systems Inc., Cloudera Inc., HP Inc., International Business Machines Corp., McAfee LLC, Microsoft Corp., Oracle Corp., and Proofpoint Inc. are some of the major market participants. Stringent regulations regarding data protection will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.
Data Security Market 2021-2025: Segmentation
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43478
Data Security Market 2021-2025: Vendor Analysis and Scope
The report also covers the following areas:
Market trends such as increasing IT security budget is likely to emerge as one of the primary drivers of the market. However, system integration and interoperability issues is may threaten the growth of the market.
Backed with competitive intelligence and benchmarking, our research reports on the data security market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
Related Reports on Infrmation Technology Include:
Global Internet Security Market - Global internet security market is segmented by solution (products and services) and geography (APAC, Europe, MEA, North America, and South America).
Data Security Market 2021-2025: Key Highlights
Table of Contents:
Five Forces Analysis
Market Segmentation by Deployment
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