Big Data Security Market – Global Industry Size, Share, Trends, Opportunity, and Forecast. 2018-2028, Segmented By Solution Type (Data Discovery & Classification, Data Authorization & Access, Tokenization & Masking, Data Auditing & Monitoring, Data Governance & Compliance, Data Security Analytics, Others), By Deployment (On-premise, Cloud), By Organization Size (Small & Medium Enterprise And Large
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: ICT | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationBig Data Security Market – Global Industry Size, Share, Trends, Opportunity, and Forecast. 2018-2028, Segmented By Solution Type (Data Discovery & Classification, Data Authorization & Access, Tokenization & Masking, Data Auditing & Monitoring, Data Governance & Compliance, Data Security Analytics, Others), By Deployment (On-premise, Cloud), By Organization Size (Small & Medium Enterprise And Large
The Global Big Data Security Market
Big data security refers to a range of tools and methods used to secure data and analytical processing It protects against thefts, cyberattacks, and other malicious activities that can endanger critical information. Big data security improves the performance and of the business, also helps to promote system efficiency, enable simple resource sharing, protect the security of transactions and data storage records, and prevent un-authorised access.
Global Cyberattacks Are Increasing
The use of targeted attacks has grown significantly. Attackers who are certain of their objective usually attack endpoints, networks, on-premises equipment, cloud-based apps, data, etc. The main objective of targeted attacks is to access the network of the targeted companies or organisations and take private information. These targeted attacks on an enterprise's most crucial operations, can have detrimental impacts such as business interruption, loss of intellectual property, financial loss, and loss of sensitive consumer information. Targeted cyberattacks affect businesses both their domestic and foreign customers with Identity theft and security breaches. As a result, these cyberattacks raise the demand for scalable big data security solutions, which in turn fuels the market's expansion.
Rising Demand for Cloud Deployment
All big data security solutions, including next-generation firewalls and intrusion prevention systems, may be more easily managed by enterprises if they are implemented on-premises. Because cloud-based solutions provide speed, scalability, and increased IT security, enterprises benefit from the concept of cloud deployment for big data security solutions. As more applications are supplied over the cloud, there is an increasing demand for cloud-based big data security solutions from SMEs and large organisations. Furthermore, during the projection period, the rise of the entire market would be sped up by factors like improved security measures and rising cybersecurity awareness. Additionally, it is projected that the big data security market will expand at a faster rate, due to the rising volume of commercial data being generated from various sources.
Rising Digital Data Production Trends
There is an exponential growth of digital data output and would continue during the forecast period. One of the primary causes of this surge in digital data output is the increased use of digital devices like smartphones and laptops in users' daily lives. This data boom has also been influenced by the growing popularity of the Internet of Things (IoT) and the data generated by numerous IoT devices. It is challenging for data analysts to evaluate and make sense of the vast amounts of digital data productions. In order to discover data trends and present visualisation of these enormous volumes of data, big data tools must be used to process the data.
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Market Segmentation
The Big Data Security Market is segmented into solution type, deployment, organization size, and industry verticals. Based on solution type, the market is segmented into data discovery & classification, data authorization & access, tokenization & masking, data auditing & monitoring, data governance & compliance, data security analytics, and others. Based on deployment, the market is divided into on-premise and cloud. Based on organization size, it is categorized into small & medium enterprise and large enterprise
Market Player
Recent Development
- As of December 2021,Respond Software, a provider of cybersecurity investigation automation and themaker of the Respond Analyst, was acquired by FireEye, Inc. With theacquisition of Respond Software, new market opportunities are created to offera variety of customers eXtended Detection and Response (XDR) capabilities.
- As of March 2021,ORock Technologies, Inc. collaborated with Hewlett Packard EnterpriseDevelopment LP. Through this agreement, businesses will be able to market newcapabilities more quickly and gain better insights from their data, thanks to HewlettPackard Enterprise Company Ezmeral software and Hewlett Packard EnterpriseCompany GreenLake.
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million and CAGR for 2018-2022 and 2024-2028 |
| Report coverage | Revenue forecast, company share, growth factors, and trends |
| Segments covered | · By Solution Type · By Deployment · By Organization Size · By Industry Vertical |
| Regional scope | North America; Asia-Pacific; Europe; South America; Middle East |
| Country scope | United States, Canada, Mexico, China, Indian, Japan, South Korea, Australia, Singapore, Malaysia, Germany, United Kingdom, France, Russia, Spain, Belgium, Italy, Brazil, Colombia, Argentina, Peru, Chile, Africa, Saudi Arabia, South Africa, UAE, Israel, Turkey |
| Key companies profiled | IBM Corporation, Oracle Corporation, Microsoft Corporation, Google LLC, Amazon Web Services Inc., Hewlett Packard Enterprise Company, Talend, Micro Focus Plc, Checkpoint Software Technologies Inc., and Fireeye Inc. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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