Market Size in 2019 | Market Forecast in 2026 | Growth Rate (in %) | Base Year |
---|---|---|---|
USD 13.1 billion | USD 34.2 billion | CAGR at 11.5 % | 2019 |
The global big data security market accrued earnings worth approximately 13.1 (USD Billion) in 2019 and is predicted to gain revenue of about 34.2(USD Billion) by 2026, is set to record a CAGR of nearly 11.5 % over the period from 2020 to 2026. The report offers assessment and analysis of the big data security market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Billion).
The amount of data across the globe has been increasing by leaps and it has become a key concern for analyzing this big data effectively. Reportedly, data analysis has gained significance in each domain and played a major role in production activities along with capital investment and labor. Big data creates value for each sector in both developed as well as developing countries every year. Citing an instance, big data results in value creation for healthcare & retail sectors in the U.S., public sector in Europe, and production sector across each country. Apart from this, big data provides huge benefits to consumers & firms. Hence it has become necessary to provide surety to big data, thereby driving market trends.
Utility of big data is expected to create waves of productivity as well as increase economic surplus for the firms. A study has revealed that retail shops can raise its operating margin by more than 50% through use of big data. Hence, it has become a necessity for the firms to provide effective security to large amount of data, thereby driving market trends. In addition to this, humungous use of big data has the potential of influencing myriad businesses as it helps the firms in knowing potential consumers. All these aforementioned factors will further drive the expansion of big data security market over the assessment period.
Furthermore, awareness pertaining big data security among the organizations along with huge funding of research activities for safeguarding big data will prompt the business growth. Need for enhancing consumer services has resulted in protecting big data, thereby scaling up the expansion of big data security industry.
North American Market To Record Massive Growth By 2026
The growth of regional market in the sub-continent over the forecast timeline is owing to large-scale presence of major big data security service providers in the U.S. and Canada. Apart from this, increase in the cyber terrorism has resulted in growing penetration of the big data security services in various firms of the sub-continent in the recent years. This will proliferate the big data security industry in North America over the upcoming years.
Report Attributes | Report Details |
---|---|
Report Name | Big Data Security Market Research Report |
Market Size in 2019 | USD 13.1 billion |
Market Forecast in 2026 | USD 34.2 billion |
Growth Rate | CAGR of 11.5 % |
Number of Pages | 120 |
Key Companies Covered | Hewlett Packard Enterprise (U.S.), Symantec Corporation (U.S.), Cisco Systems Inc. (U.S.), Imperva, Inc. (U.S.), McAfee LLC (U.S.), Microsoft Corporation (U.S.), Check Point Software Technologies, Ltd. (U.S.), Oracle Corporation (U.S.), Fortinet, Inc. (U.S.), FireEye Inc. (U.S.), IBM Corporation (U.S.), Dell Technologies Inc. (U.S.), Gemalto N.V. (Netherland), and LogRhythm, Inc. (U.S.). |
Segments Covered | By Software Security, By End-User, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2019 |
Historical Year | 2017 to 2019 |
Forecast Year | 2020 - 2026 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Key players profiled in the study are:
By Software Security
By End-User
FrequentlyAsked Questions
The growth of Big Data Security industry over 2020-2026 can be credited to Utility of big data is expected to create waves of productivity as well as increase economic surplus for the firms. A study has revealed that retail shops can raise its operating margin by more than 50% through use of big data. Hence, it has become a necessity for the firms to provide effective security to large amount of data, thereby driving market trends. In addition to this, humungous use of big data has the potential of influencing myriad businesses as it helps the firms in knowing potential consumers. All these aforementioned factors will further drive the expansion of big data security market over the assessment period.
Furthermore, awareness pertaining big data security among the organizations along with huge funding of research activities for safeguarding big data will prompt the business growth.
According to Zion market research report, the global Big Data Security market accrued earnings worth approximately 13.1(USD Billion) in 2019 and is predicted to gain revenue of about 34.2(USD Billion) by 2026, is set to record a CAGR of nearly 11.5 % over the period from 2020 to 2026.
North America will contribute lucratively towards the global market size over the estimated timeline. The regional market surge is due to large-scale presence of major big data security service providers in the U.S. and Canada. Apart from this, increase in the cyber terrorism has resulted in growing penetration of the big data security services in various firms of the sub-continent in the recent years. This will proliferate the big data security industry in North America over the upcoming years.
The key market participants include Hewlett Packard Enterprise (U.S.), Symantec Corporation (U.S.), Cisco Systems Inc. (U.S.), Imperva, Inc. (U.S.), McAfee LLC (U.S.), Microsoft Corporation (U.S.), Check Point Software Technologies, Ltd. (U.S.), Oracle Corporation (U.S.), Fortinet, Inc. (U.S.), FireEye Inc. (U.S.), IBM Corporation (U.S.), Dell Technologies Inc. (U.S.), Gemalto N.V. (Netherland), and LogRhythm, Inc. (U.S.).
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