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Pulished Date December, 2021
ID: 12480
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Data Center Logical Security Market Research Report - Segmentation By Component (Solution and Services); Size (Large, Mid-Size, and Enterprise); Application (BFSI, Healthcare, Government, Energy, Retail, and Others); Geography - Demand Analysis & Opportunity Outlook 2026

Pulished: December, 2021
ID: 12480
Pages: 150

Data Center Logical Security Market Size (2021-2026)

The global data centre logical security market is estimated to grow at a CAGR of 6.57% from US$ 3.331 billion in 2020 to US$ 4.880 billion in 2026.

The software of a system for the organisation is protected by data centre logical security. User identity, password access, access permissions, authentication, and authority levels are all part of the data centre logical security. All of these procedures are followed to ensure that only authorised users in a network or workstation can conduct certain actions (such as gaining access to information). The introduction of modern data centre logical security solutions will create numerous chances for existing and new service providers to expand.

Market Drivers

The market growth rate is expected to accelerate due to rising data traffic on a global scale, as well as increased demand from end-users, primarily in the communication industry. The rising demand for smartphones, as well as a communication network for entertainment, is expected to have an impact on data traffic, contributing to the data centre's market growth rate and the logical security provided.

The huge increase in the growing infrastructure is likely to be a key driver for the industry, as 5G deployment is rapidly increasing across all areas. Furthermore, 5G makes edge computing a requirement, necessitating geographically connected data centres, affecting the demand for Data Center Logical Security.

Market Restraints

Attacks are on the rise as a result of many organisations' lack of awareness of cyber hazards, reducing the market's growth rate. Ransomware attacks are also expanding at an alarming rate, creating a new challenge for security firms. As the number of data centres grows as a result of a variety of factors, the threat expands as well. However, the market's growth is projected to be slowed by a lack of understanding about security features such as data centre logical security.

Market Segmentation

Data Center Logical Security Market - By Component

  • Solutions
  • Services

The global data centre logical security market is expected to be dominated by the solutions market. However, due to factors such as significant technical improvements, low budgetary requirements, and the demand for various types of post and pre-sales services, the services industry is predicted to rise at a high CAGR over the next five years.

Data Center Logical Security Market - By Size

  • Large
  • Mid-Size
  • Enterprise

Large data centres will have the biggest market share in 2020. This sector includes data centres with computing space of more than 20,000 square feet. Because these data centres use a big number of servers and manage a considerable amount of data, the danger of attacks and losses is substantial, which is expected to greatly enhance demand for Data Center Logical Security and contribute to market growth during the projected period of 2021-2026.

Data Center Logical Security Market - By Application

  • BFSI
  • Healthcare
  • Government
  • Energy
  • Retail
  • Others

The BFSI industry is predicted to have the biggest market share in 2020, followed by IT and Telecom. The increased adoption of cloud models for data storage in banks is surely enhancing data centre logical security acceptance. This is likely to contribute to market growth because integrated solutions demand data centres. BFSI includes core banking, mutual funds, insurance, and other financial services, as well as physical and virtual servers, all of which contribute considerably to the market's growth rate. Due in major part to the introduction of 5G, IT and Telecom are predicted to grow at a high rate.

Regional Analysis

APAC is predicted to be the most dominant region in 2020, because of growing data traffic from countries like China and India. The growing trend in India toward digitalization, which includes initiatives like Digital India, Smart Cities, and others, is likely to boost market growth significantly. All of this needs networked solutions, which drives up demand for data centre equipment like racks, power supply, cable management supplies, and other related goods. The huge banking sector in China is also a major contribution to the market's rapid expansion. In addition, the increasing deployment of 5G in many countries is predicted to boost the market's growth rate.

North America is expected to account for 41.5 per cent of the worldwide data centre logical security market. Factors such as increased governmental initiatives for data privacy and security, high technological improvements in data centres, and large numbers of cloud and virtualization users are driving the data centre logical security market in North America. However, the high availability of low-cost, substitute software solutions, a lack of awareness, and budgetary restraints are some of the major roadblocks to the data centre logical security market's growth in this region.

In Europe, Germany accounted for the majority of the market share, followed by the United Kingdom and Spain, in that order. France, Italy, and Poland are some of the other European countries that contribute to the market. Data centres are being adopted by businesses due to security, latency, and connection requirements.

Market Leader

Trend Micro is the leader in the global data centre logical security market.

Key Players

  1. Check Point Software Technologies (Israel)
  2. Bosch Security (Germany)
  3. Fortinet (US)
  4. Cisco (US)
  5. Intel (US)
  6. VMware (US)
  7. HP (US)
  8. Dell (US)
  9. Juniper Networks (US)
  10. Italtel (Italy)

Impact of COVID-19 on Data Center Logical Security Market

The COVID-19 pandemic has caused a slowdown in the economy. As a result, demand for digital and sophisticated technology solutions is rising across all industries around the world, and as a result, demand for data and storage is rising as well. As a result, the need for data centre logical security is skyrocketing. In the coming years, this is expected to strengthen the data centre logical security market.

Recent Developments

  • At Juniper Networks' 2021 Global Analyst, Influencer, and Media Summit, the company unveiled new products. There are two new Wi-Fi 6E access points, an IoT Assurance service, and Juniper Support Insights, a new support solution. Juniper Support Insights is artificial intelligence (AI)-based solution that provides visibility and insights across Juniper's Juno platform. This will make it easier for service providers, businesses, and partners to optimise their networks' performance. 
  • VMware has announced a partnership with Intel in India to assist women developers who have taken a break from the job. VMware's VMinclusion Taara – one of India's largest upskilling programmes – will collaborate with Intel's Home To Office (H2O) programme to empower developers with relevant skills and career opportunities, as part of Intel India's ecosystem-wide BeingWISE (Women Innovators, Social Leaders, and Entrepreneurs) initiative. 
  • Check Point® Software Technologies Ltd, a leading global provider of cyber security solutions, today announced that Avanan, which was recently acquired by Check Point Software, was ranked 125 on the Deloitte Technology Fast 500TM, which is now in its 27th year and ranks the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America. 
  • Fortinet® and Microsoft have announced the expansion of their partnership to provide the industry's first next-generation firewall (NGFW) and Secure SD-WAN interoperability with Microsoft Azure Virtual WAN. Customers may now apply advanced security controls to virtual WAN traffic and extend Secure SD-WAN into the Azure virtual WAN hub for the first time from any vendor.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                          

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling      

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                         

                                4.1.1 Drivers      

                                4.1.2 Restaints  

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis        

                                5.1.2 Products/Service  

                                5.1.3 Regional Presence               

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Data Center Logical Security Market, By Component

                                6.1.1 Solution    

                                6.1.2 Services    

                                6.1.3 Market Size Estimations & Forecasts (2021-2026)

                                6.1.4 Y-o-Y Growth Rate Analysis             

                                6.1.5 Market Attractiveness Index          

                6.2 Data Center Logical Security Market, By Size                

                                6.2.1 Large         

                                6.2.2 Mid-Size   

                                6.2.3 Enterprise

                                6.2.4 Market Size Estimations & Forecasts (2021-2026)

                                6.2.5 Y-o-Y Growth Rate Analysis             

                                6.2.6 Market Attractiveness Index          

                6.3 Data Center Logical Security Market, By Application

                                6.3.1 BFSI            

                                6.3.2 Healthcare              

                                6.3.3 Government          

                                6.3.4 Energy      

                                6.3.5 Retail         

                                6.3.6 Others      

                                6.3.7 Market Size Estimations & Forecasts (2021-2026)

                                6.3.8 Y-o-Y Growth Rate Analysis             

                                6.3.9 Market Attractiveness Index          

7. Geographical Landscape                                         

                7.1 Global Data Center Logical Security Market, by Region

                7.2 North America - Market Analysis (2021 - 2026)

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Component      

                                7.2.3 By Size      

                                7.2.4 By Application        

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Component      

                                7.3.3 By Size      

                                7.3.4 By Application        

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Component      

                                7.4.3 By Size      

                                7.4.4 By Application        

                7.5 Latin America                             

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Component      

                                7.5.3 By Size      

                                7.5.4 By Application        

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Component      

                                7.6.3 By Size      

                                7.6.4 By Application        

8. Key Player Analysis                                    

                8.1 Check Point Software Technologies                 

                                8.1.1 Business Description           

                                8.1.2 Products/Service  

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis       

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 Bosch Security                           

                8.3 Fortinet                        

                8.4 Cisco                              

                8.5 Intel                               

                8.6 Vmware                       

                8.7 HP                  

                8.8 Dell                

                8.9 Juniper Networks                    

                8.10 Italtel                          

9. Market Outlook & Investment Opportunities                                

Appendix

                List of Tables                     

                List of Figures                   

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of Component, Size, and Application along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Data Center Logical Security Market By Region, From 2021-2026 ( USD Billion )
  2. Global Data Center Logical Security Market By Component, From 2021-2026 ( USD Billion )
  3. Global Solution Market By Region, From 2021-2026 ( USD Billion )
  4. Global Services Market By Region, From 2021-2026 ( USD Billion )
  5. Global Data Center Logical Security Market By Size, From 2021-2026 ( USD Billion )
  6. Global Large Market By Region, From 2021-2026 ( USD Billion )
  7. Global Mid-Size  Market By Region, From 2021-2026 ( USD Billion )
  8. Global Enterprise Market By Region, From 2021-2026 ( USD Billion )
  9. Global Data Center Logical Security Market By Application, From 2021-2026 ( USD Billion )
  10. Global BFSI Market By Region, From 2021-2026 ( USD Billion )
  11. Global Healthcare Market By Region, From 2021-2026 ( USD Billion )
  12. Global Government Market By Region, From 2021-2026 ( USD Billion )
  13. Global Energy Market By Region, From 2021-2026 ( USD Billion )
  14. Global Retail Market By Region, From 2021-2026 ( USD Billion )
  15. Global Others Market By Region, From 2021-2026 ( USD Billion )

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