Big Data Security Market
Big Data refers to the massive amount of unorganized digital information collected by companies and governments about human beings or the environment. Big data has been collected and utilized by numerous organizations for several years and now organizations of all sizes have access to Big Data and means to employ it. Initially, it was limited to only large-scale organizations which can afford to create and own the infrastructure, mandatory for mining a large amount of data, but nowadays it is cheap and easily accessible to organizations through cloud-based infrastructure.
Rise in security concerns
The popular saying “With great power comes great responsibility” holds true here. Security and privacy issues are magnified by volume, variety, and velocity of big data. Large scale cloud infrastructure, diversity of data sources and formats, streaming nature of data acquisition and the high volume of cloud migration has created unique security vulnerabilities. As a result, new security challenges have risen the adoption of Big Data mining methodologies.
Rapidly evolving regulatory landscape, increasing variety, and volume of business data generated from multiple sources, and rising cyber-attacks that demand highly scalable security solutions are fueling the growth of the big data security market. However, lack of data security awareness, low data security budget, and high installation costs, lack of security expertise and skilled personnel are the restraining factors affecting the growth of its global market.
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Market segmentation
The Big Data security market is broadly segmented based on components, services, technologies, type of data, deployment models, organization sizes and industry verticals. The components segment is further divided into encryption, tokenization and data masking, backup and recovery, access control, security intelligence, big data governance and others such as audit and reporting, big data discovery and classification. While services are classified into managed services and professional services. Based on technologies, the market is categorized into identity and access management, security information and event management, intrusion detection system, unified threat management and other technologies such as data loss prevention and security and vulnerability management. Furthermore, the market is also classified based on types of data, wherein data at rest and data in motion form its subsegment. As per deployment models, the market is classified into cloud applications and on-premises application, whereby cloud applications have higher adoption rates than on-premises applications. Cloud-based solutions are majorly deployed by large enterprises owing to various factors, including reduced operational costs, simple deployments, and higher scalability.
Moreover, the Big Data Security market is also segregated into organization size- SME’s and large enterprises. Among all the industry verticals such as BFSI, telecommunications and ITeS, retail and e-commerce, healthcare and life sciences, manufacturing, government and defense, energy and utilities, media and entertainment and transportation and logistics, travel and hospitality and education, BFSI captures the dominant market share owing to the increasing corporate data and customer critical information in this sector. In addition, the increasing customer transactions outside the branch through multiple channels such as web, chat, mobile, and social media also lead to higher adoption of Big Data security solutions.
For better understanding of the market penetration of Big Data Security, the market is analyzed based on its geographical presence in countries such as North America U.S., Canada, Mexico and the rest of North America , Europe Germany, France, U.K., Russia, Italy, Spain and rest of Europe , Asia-Pacific China, Japan, India, South Korea, Singapore, Taiwan and the rest of Asia-Pacific and LAMEA Brazil, Argentina, UAE, Saudi Arabia, South Africa, Israel and rest of LAMEA .
Major adopters of Big Data
Developed countries such as the US and Canada are the primary nations in adopting advanced security solutions. The region constitutes to be the home for most of the vendors and organizations with large operation base and customers. Hence, the region has witnessed significant adoption of cloud-based security solutions, especially in large enterprises. North America continues to dominate the market in terms of revenue generation. Moreover, APAC is also providing significant growth opportunities for the vendors, thereby displaying the growth potential of Big Data Security solutions.
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Leading companies
The report also highlights a few prominent players operating in the Global Big Data Security market. Key companies’ compiles in the report include Oracle Corporation, Microsoft Corporation, Symantec Corporation, IBM Corporation, Amazon Web Services, Hewlett Packard Enterprise, Gemalto NV, Cloudera, Inc., Hortonworks Inc. and McAfee, LLC.
Global Market Insight on Big Data Security:
Market Segmentation
Market Insight, by Component
Software
Encryption, tokenization, and data masking
Backup and recovery
Access control
Security intelligence
Big data governance
Others audit and reporting, big data discovery and classification
Service
Managed Services
Professional Services
Support and Maintenance
Consulting Services
Education and Training
Market Insight, by Technology
Identity and Access Management IAM
Security Information and Event Management SIEM
Intrusion Detection System/Intrusion Prevention System IDS/IPS
Unified Threat Management UTM
Others Data Loss Prevention DLP and security and vulnerability management
Market Insight, by Type of Data
Data- at- Rest
Data- in- Motion
Market Insight, by Deployment Type
On- Premises
Cloud
Market Insight, by Organization Size
Small and Medium Enterprises
Large Enterprises
Market Insight, by Industry Vertical
Banking, Financial Services, and Insurance BFSI
Telecommunication and IT
Retail and Ecommerce
Healthcare and Lifesciences
Manufacturing
Government and Defence
Energy and Utilities
Media and Entertainment
Others transport and logistics, and travel and hospitality and education
Market Insight, by Region
North America Cloud Infrastructure Market Insight
United States
Canada
Mexico
Rest of North America
Europe Cloud Infrastructure Market Insight
Germany
France
United Kingdom
Spain
Russia
Italy
Rest of Europe
Asia-Pacific Cloud Infrastructure Market
China
Japan
India
Singapore
South Korea
Australia
Rest of Asia-Pacific
Middle East Africa Cloud Infrastructure Market
United Arab Emirate
Kingdom of Saudi Arabia
Algeria
Egypt
Kuwait
Qatar
Rest of MENA
Latin America Cloud Infrastructure Market
Brazil
Argentina
Chile
Rest of Latin America
Companies Profiled
Oracle Corporation
Microsoft Corporation
Symantec Corporation
IBM Corporation
Amazon Web Services
Hewlett Packard Enterprise
Gemalto NV
Cloudera, Inc.
Hortonworks Inc.
Mcafee, LLC
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