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Big Data Security Market Set to Grow at Healthy CAGR of 17.2% by 2025

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nilesh dbmr

Big Data Security Market is expected to reach USD 43.31 billion by 2025, from USD 22.96 billion growing at a CAGR of 17.2% during the forecast period of 2020 to 2025. Big data security is a major concern as cyber-attacks become more intensive and severe.

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With the advancements in technology, the cyber security attacks are becoming sophisticated day by day eluding all the traditional security tools, leading to demand for advanced protection techniques such as big data security. The future of big data heavily relies on the technological ambits that ensure data security. Data certainly is the new oil as businesses - big or small aim to leverage it to drive revenues and ROIs.

Key Market Competitors: Global Big Data Security Market

The key players operating in the global big data security market are –

  • Oracle
  • Microsoft
  • Symantec Corporation
  • IBM Corporation
  • Amazon Web Services

The other players in the market are Hortonworks Inc, Cloudera, Inc, Hewlett Packard Enterprise Development LP, Gemalto NV, McAfee, Inc., Check Point Software Technologies Ltd, Zettaset, Pivotal Software, Inc., Imperva, Centrify Corporation, Thales E-Security, Centrify Corporation, LogRhythm, Proofpoint, Inc., Fortinet, Rapid7, Inc., Fireeye, Inc.

Competitive Landscape: Global Big Data Security Market

The global big data security market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of friction modifiers market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Market Drivers:

  • Increasing volume of business data generated from multiple sources
  • Demand for scalable high security solutions in increasing cyber-attacks

Market Restraint:

  • Lack in awareness of data security
  • Low data security budget and high installation cost

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Key Insights in the report:

  • Historical and current market size and projection up to 2025
  • Market trends impacting the growth of the global big data security market
  • Analyze and forecast the plastic straps market on the basis of component, technology, deployment model, organization size and industry vertical
  • Trends of key regional and country-level markets for component, technology, deployment model, organization size and industry vertical
  • Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis

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