Global Data Center Security Market - Segmented by Solutions (Physical Security Solutions, Logical Security Solutions), Industry Verticals (Consumer Goods and Retail, BFSI, Healthcare), and Region - Growth, Trends, and Forecast (2018 - 2023)
The global data center security market was valued at USD 8.86 million in 2017, and is expected to reach a value of USD 20.19 million by 2023, at a CAGR of 14.70%, during the forecast period (2018-2023).The market is segmented by type of solutions, end-user vertical and geography. This report focuses on adoption of these solutions for various applications various regions. The study also emphasizes on latest trends, industry activities, and vendor market activities.
As adoption of cloud services, big data, and virtualization continues to grow, the demand for secure and reliable data storage has increased drastically. With increasing volume of confidential information and critical data, the importance of protecting information has risen in prominence due to a rise in high-profile attacks.
Physical security is a top priority for many organizations and governments, as these solutions include monitoring, analysis and modeling, video surveillance and damage prevention, and restrict unauthorized access.
A considerable share of app developers and companies have been identified to utilize colocation data centers to manage and store the data, to avoid costs incurred from maintaining an in-house data center. This trend is expected to follow over the forecast period, which could affect the adoption rates of security measures.
Advent of Monitoring Solutions are Driving the Adoption of Data Center Security Solutions
Rising power density and dynamic power variations are two major factors that are forcing the conventional personnel based monitoring systems to be replaced. Physical threats to the data center include power, cooling, human error, malice, fire, leaks, and air quality. Power, cooling, and fire related threats are monitored by built-in capabilities of power, fire suppression, and cooling devices. UPS systems are being employed extensively to monitor the power quality, load on battery health, while PDUs are being employed for monitoring circuit loads.
Temperature sensors and humidity sensors are being used for monitoring the air temperature and humidity within the data center. Rope and spot leak sensors are being employed for monitoring liquid leaks that can damage the floors, cabling, and CRAC related structures.
Germany to Hold a Significant Share of the European Market
In 2016, Germany constituted for the majority of the market share in the region, followed by United Kingdom and Spain respectively. Other countries that contribute to the market within the European market include France, Italy, and Poland. Despite the economic uncertainties, demand for data center remains strong in the region. This will lead to expansion of existing data centers and building new ones. The security, latency, and connectivity requirements are driving enterprises towards adopting data centers. Germany contains several data center clusters throughout the country, providing plenty of colocation opportunities. The primary colocation data center markets in Germany are: Frankfurt Dusseldorf Berlin Munich Hamburg. There are 405 German data centers; the most of these colocation facilities are located around Frankfurt.
Key Developments in the Market
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