Increasing monetary transaction through mobile application which consists of confidential information such as account details, banking and login details of user is one of the significant factor driving market growth. The study indicates, by vertical segment, BFSI is expected to account for highest market share and static. The study also indicates, increasing data volumes from numerous industry verticals and growing cyber-attacks is propelling the market of big data analytics.
The Big Data Security Market is segmented on the basis of components, technology, deployment, organization size and vertical. The technology segment includes IAM, SIEM, UTM and IDS/IPS. Big data security prevents data from various threats that mainly attack the application code. Web application firewall are software and hardware solution for protecting data against cyber threats. They empower users by securing data from stealing and manipulation. This solution is developed to analyze incoming traffic to block attacker attempts thereby minimizing the paying cost for any code deficiencies. It consists of various control measures to prevent data from being hacked that includes encryption, denial of service, authorization and information gathering.
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Major Key Players:
- IBM (U.S.)
- Hewlett Packard Enterprise (HPE) (U.S.)
- Mcafee LLC (U.S.)
- Symantec Corporation (U.S.)
- Check Point Software Technologies Ltd. (Israel)
- Fortinet, Inc. (U.S.)
- Fireeye, Inc. (U.S.)
- Rapid7, Inc. (U.S.)
- Logrhythm, Inc. (U.S.)
- Proofpoint, Inc. (U.S.)
Market Research Analysis:
The big data security market in North America region is growing due to high adoption of cloud solutions by enterprise and need to improve data security in organizations. Changing banking regulation, that requires changes in documents and financial transaction is driving the market in the region. According to the study, the big data security market will show considerable growth Europe region.
Asia-Pacific market is estimated to be one of the fastest growing market as enterprises are continuously investing into research and development of big data security market. Increasing IT landscape is boosting the market in the region. Developing countries such as India and China are adopting big data security software at a large scale owing to increasing IT infrastructure, digitization and robust industrialization that is boosting the market in the region.
By vertical segment, BFSI and healthcare sector is driving the big data security market. The region is witnessing high growth in big data security market due to growing technological advancement in cloud, analytics and increasing cyber-attacks.
Big Data Security Market Segmentation:
The segmentation on the basis of deployment includes cloud and on-premise. Cloud solution accounts for highest market share as it helps enterprises by minimizing cost associated with the IT infrastructure. Cloud solution enables enterprise to focus on core business competencies.
It provides enterprises with data protection and security, efficiently manage storage and privacy issues, offers data integrity and provides information related to managing and coordinating business activities and helps in increasing the overall business productivity.
Big Data Security Market by Component:
- Data Masking
- Access Control
- Security Intelligence
- Data Governance
- Professional services
- Managed services
Big Data Security Market by Technology:
- Identity And Access Management (IAM)
- Security Information And Event Management (SIEM)
- Unified Threat Management (UTM)
- Intrusion Defense Systems (IDS)/ Intrusion Prevention Systems (IPS)
Big Data Security Market by Deployment:
Big Data Security Market by Organization Size:
- Small And Medium Organization
- Large Organization
Big Data Security Market by Vertical:
- Government and Defense
- IT and Telecommunication
- Others (manufacturing, oil and gas, and media and entertainment)
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- Investors and consultants
- System Integrators
- Government Organizations
- Research/Consultancy firms
- Technology solution providers
- IT Solution Providers
Table of Contents
1 Market Introduction
1.2 Scope of Study
1.2.1 Research Objective
1.3 Market Structure
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