The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

Rising Data Breaches Fuel Growth In The Data-Centric Security Market

• Escalating data breach incidents drive market expansion.
• Ransomware emerges as a significant tool for cybercriminals.
• Total global data breach cases increase to 1,291 in 2021.
• Major players include Broadcom Inc., Imperva Inc., Micro Focus International PLC, and more.

Transformative Advancements Shaping The Landscape Of Data-Centric Security

• Technological innovations drive evolution in data-centric security.
• Seclore launches a data-centric security platform for comprehensive protection.
• IBM and Palantir Technologies partnership introduces a hybrid cloud data platform.
• Approach enhances cybersecurity portfolio with the strategic acquisition of Secubear BV.

Market Segmentation and Growth Prospects

• By Component: Software And Solutions, Data Discovery, Data Protection, Data Governance, Professional Services, Other Components.
• By Deployment Mode: On-Premise, Cloud.
• By Organization Size: Large, Medium, Small.
• By Vertical: Banking, Financial Services And Insurance (BFSI), Government And Defense, Healthcare And Pharmaceuticals, Telecommunications, Information Technology (IT) And Enterprises, Retail, Other Verticals.

North America Leads Data-Centric Security Market in 2023

• North America emerges as the largest region in the market.
• Asia-Pacific projected to be the fastest-growing region in the forecast period.
• Strong technological infrastructure drives market dominance.
• Continual investment fosters innovation and market expansion.

Forecast Insights and Emerging Trends

• Exponential growth expected in the data-centric security market.
• Market size projected to reach $22.03 billion by 2028 at a CAGR of 27.5%.
• Adoption of zero trust architecture and focus on endpoint security.
• Globalization of cybersecurity threats and evolving privacy regulations drive market dynamics.
• Data classification and discovery, cloud-native security solutions, and behavior analytics key trends.

View More On The Data-Centric Security Market Report 2024 –
https://www.thebusinessresearchcompany.com/report/data-centric-security-global-market-report

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The Data-Centric Security Global Market Report 2024 provides comprehensive insights on the data-centric security market size, trends and drivers, opportunities, strategies, and competitor analysis. The countries covered in the data-centric security market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

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