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New report: Big data security market forecast to 2022

New report: Big data security market forecast to 2022

“Big Data Security Market by Software (Encryption, Data Masking, Access Control, Security Intelligence, and Data Governance), Technology (IAM, SIEM, UTM, and IDS/IPS), Service, Deployment, Organization Size, and Industry Vertical -Global Forecast to 2022”

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Increasing cyber-attacks demanding scalable high security solutions and evolving regulatory landscape are expected to propel the big data security market growth

The global big data security market size is expected to grow from USD 12.22 billion in 2017 to USD 26.85 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 17.1%. Increasing cyber-attacks demanding scalable high security solutions fuel the growth of this market.

Growing demand for third-party managed security services and growing adoption among Small and Medium-sized Enterprises (SMEs) are expected to evolve the big data security and thus will create opportunities for the growth of this market. However, lack of data security awareness, and low data security budget and higher installation cost are the factors that might hinder the overall growth of the big data security market.

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Encryption, tokenization, and data masking as software segment is expected to hold the largest market size during the forecast period

Advanced encryption-based cyber security software solutions are integrated with other security solutions to provide enhanced data security at a lower cost, on both cloud and on-premises. Tokenization software can be used for payment security, user authentication, and compliance management.

Data masking is particularly common for software testing and user training. It ensures that the confidential company data and customer information is unavailable beyond the permitted environment.

All these factors are fueling the overall growth of this segment in the big data security market.

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Key vendors

Following are the key vendors profiled in the report:

  1. AlienVault, Inc. (US)
  2. Amazon Web Services (US)
  3. Centrify Corporation (US)
  4. Check Point Technologies Ltd. (Israel)
  5. Cloudera, Inc. (US)
  6. DataVisor, Inc. (US)
  7. FireEye, Inc. (US)
  8. Fortinet, Inc. (US)
  9. Gemalto NV (Netherlands)
  10. Gigamon (US)

Reasons for Getting this Report

This report provides pin-point analysis for changing competitive dynamics

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It provides a six-year forecast assessed on the basis of how the market is predicted to grow

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