Market Overview:
The global big data security market size reached US$ 22.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 76.9 Billion by 2032, exhibiting a growth rate (CAGR) of 14.1% during 2024-2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
US$ 22.8 Billion |
Market Forecast in 2032
|
US$ 76.9 Billion |
Market Growth Rate 2024-2032 |
14.1% |
Big data security refers to various measures and tools employed to safeguard data and analytics processes. It protects against cyberattacks, thefts, or other malicious activities that could potentially harm valuable data. It also assists in ensuring the security of transactions and data storage logs, improving the efficiency of systems, enabling convenient resource sharing, and preventing unauthorized access to enhance the safety and performance of the organization. Since cyber threats can lead to financial losses, reputational damage, and operational downtime, big data security has gained prominence among businesses across the globe.
Big Data Security Market Trends:
Nowadays, various enterprises are using big data analytics tools to improve their business strategies and performance, which increases the risks of cyberattacks. With the rising privacy concerns, there has been widespread adoption of advanced security solutions. Besides this, the recent outbreak of coronavirus disease (COVID-19) has accelerated the adoption of work-from-home (WFH) policies, which, in turn, is escalating the demand for big data security to provide a cyber-safe remote-working environment to employees. Additionally, the growing inclination toward the usage of advanced digital technologies like cloud solutions is strengthening the need for big data security solutions. Furthermore, governments of various nations are introducing stringent regulations for data protection and privacy. This, in confluence with the integration of artificial intelligence (AI) and machine learning (ML) technologies in big data security solutions, is catalyzing the market growth. Moreover, the emerging digitization trend, growing adoption of bring-your-own-device (BYOD) policies, rapid internet penetration, and increasing investments in security solutions are some of the other factors providing a positive market outlook.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global big data security market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on component, deployment mode, organization size, technology and end use industry.
Breakup by Component:
- Solution
- Data Discovery and Classification
- Data Authorization and Access
- Data Encryption, Tokenization and Masking
- Data Auditing and Monitoring
- Data Governance and Compliance
- Data Security Analytics
- Data Backup and Recovery
- Services
Breakup by Deployment Mode:
Breakup by Organization Size:
- Small and Medium-sized Enterprises
- Large Enterprises
Breakup by Technology:
Breakup by End Use Industry:
- BFSI
- IT and Telecommunication
- Healthcare and Pharmaceuticals
- Financial and Insurance
- Retail Trade
- Utilities
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Amazon Web Services Inc. (Amazon.com Inc.), Check Point Software Technologies Ltd., Cloudera Inc., Fortinet Inc., Google LLC, Hewlett Packard Enterprise Development LP, International Business Machines Corporation, McAfee LLC, Micro Focus International plc, Microsoft Corporation, Oracle Corporation and Thales Group.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Billion |
Segment Coverage |
Component, Deployment Mode, Organization Size, Technology, End Use Industry, Region |
Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered |
Amazon Web Services Inc. (Amazon.com Inc.), Check Point Software Technologies Ltd., Cloudera Inc., Fortinet Inc., Google LLC, Hewlett Packard Enterprise Development LP, International Business Machines Corporation, McAfee LLC, Micro Focus International plc, Microsoft Corporation, Oracle Corporation and Thales Group |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |