0 In Data Centers

Data Center Security Market Growth

18 April 2016
Cloudscene Blog - Data Center Security Market Growth

According to a new report published by MarketsandMarkets, the Data Center Security Market is expected to grow from USD 6.32 Billion in 2016 to USD 12.91 Billion by 2021, at a high Compound Annual Growth Rate (CAGR) of 15.36%.

The report – “Data Center Security Market by Application Solutions (Logical Security Solutions and Physical Security Solutions), Service (Consulting, Integration and Deployment, and Managed Services), Data Center Type, Vertical, and Region – Global Forecast to 2021″ – indicates that the market is experiencing rapid growth due to the growing need for network virtualisation and cloud computing. Additionally, the growing adoption of Bring Your Own Device (BYOD) calls for advanced secured network solutions.

North America is projected to hold the largest market size whilst APAC’s growth has put it as the fastest growing regional Data Center Security Market.

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